Bitcoin Forum

do you think a trader have chance to win in binary options?

reading will be like the chances of getting the success only so anything is possible in trading if you had the chances and opportunity will be useful for you.

The possibilities of succeeding are present since both markets has to do with speculations of price and if a trader is good at speculating the price of (in this case) a coin he/she might succeed too at binary options although there are some disadvantage that might alter the rate of success or lead to losses as binary options have to do with fixed speculation (up or down) movement at a particular time therefore the trader won't the option to extend his exit entry spot on that trade since everything is automated in binary.

You may go to the indicators and signal groups to learn the profit options on trading field. Binary option also a good strategy for some people so we need to careful about the what strategy we are using and what coin we are investing.

RSI incators are matter if you wanna be day trader, be closely watch the candles going green or red and then do your investment.

Yes, a trader can win at binary trading. But, if you decide to trade binary options, you should really really really know what you are doing. If you don't, you will lose all your money very quickly. I don't trade binary options. There is a good place to learn Forex binary trading. Check out this channel(Trusted spots): https://www.youtube.com/watch?v=8LdEpOoAJO8 The guy behind Trusted spots is phenomenal. You can watch his live trading. It's worth watching.

Again another topic on this subject. Binary is not trading is gambling. It is a very short space of time to have real analysis. If you really want to work with indicators and with some financial logic, make short or long at Bitmex.

thanks for your reply's guys but foe me binary is not gambling. because the chart moves same as the forex chart which is trusted. maybe some untrusted company's try to move it as they like but trusted one,s can't do it. what do you think?

High chance to win if you do know on what you are doing but i would say that this would be applicable on binary options with having long durations

rather than on shorter ones which i do believe that its hard when you are pertaining with 1min to 3 mins  price predictions.There are brokers that offer those short duration which is most likely with binary options trading
and some do have that 30 secs.

For me it is a combination between trading and gambling because a user needs to guess the price movement for next specified time frame, but it is not purely guessing without any analysis. Indeed the available time to analyze the prize movement is too short so user should have the skill and knowledge to make quick analysis. It will be a gambling if a user guess it without any analysis or just based on their feeling.

I think it depends on someone who trades at krypto, if I think they can choose a good altcoin and also an altcoin that has a good community in the future, I am also sure that it will also get a good profit.

for me, it depends on the person who does that.
because if you think about gambling there are like a casino, roulette, and other things. which is gambling is based on chance and not skill.
While with the binary option there are many events cause the price movements and you need a good analysis

For me both has a chance since both has it's risk and requires speculation and risk. Instead of comparing both, it's best to utilize both of them to maximize your options and earning potential. Both will require you a great deal of work for looking up events that might affect the market, doing your research and analysis.

In addition to what I have said above, just have to add this reply on another thread instead of editing my previous reply so you and others interested in the topic can see, since trading doesn't just have to do with speculations of price movement but how far it can go and traders have control over their entry and exit price meanwhile binary options trading only involves speculations on just the price movement and not including how far it can go and individual engaging in binary options doesn't have control over price entry or exit point, unless the trader is a fast learning the chances of succeeding is limited. You should also know binary options are more of gambling then actually a skill, and in gambling luck is always a factor so your past success can't guarantee your future therefore, I won't advice engaging in binary options.

No doubt about that. There is a high possibilities of winning in binary options trading if we can just use some strategies and methods. Risk is always given. Therefore, we have to be aware of the consequences when we enter such trades especially in binary options that the guarantee would be unsure if you are not familiar and expert with price speculations.
The profit can be easily earned, hence can also be easily vanished. You should also be careful in picking up a broker as there are many scam brokers in binary options.

I have tried binary options before and I lose over $2000 and since then I have stopped binary options trading.  It is been called trading but you should understand that it is gambling.  There is no much different between the two and instead of going into binary options I think gambling is better.

A trader or not, everyone has a chance. A Trader of course, has a higher chance of sort. We are talking about analyzing markets here and it'll take time to learn and understand that kind of thing. Traders do know what exactly what they're putting themselves in and understand what risks are involved. On the other hand, one has to rely purely on their luck and that's what a Gambler is.

It seems there is some argument here about Binary option whether it is trading or gambling.  I would like to quote here the definition about binary option


you can read more info here : https://www.investopedia.com/terms/b/binary-option.asp

It seems that it is like a hi/low game in dice wherein the player(trader for binary option) have to choose a side before the time expires.  Once the decision is made you cannot alter it hence like gambling wherein if you choose to bet on low and start rolling, you cannot alter it unless you stopped and change your bet.  This is like gambling riding on a trading platform, IMO.

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Since it was like gambling specifically like dice, yes you have a chance to win, it is like a 50/50 chance of winning.

Purely on luck? I don't think so. Luck plays a big role as a trader or gambler, but there are other factors like experience, emotion control etc which matter too which is why I disagree with your statement that luck is everything.

Too risky if you do binary option its not as good as you think you may lose a large amount of investment if you trade in binary.
Much better to find some project which you know has a future and investment then the important thing in trading is HODL.
If you don't have weak hand it is always best to do HODL in trading and make a big profit in the future.

Just like what other traders do also check some trading bot like this one https://gekko.wizb.it/ which is free open source no need to pay for premium and you can all list of strategy how you can make a profit in trading.

I think it will be better to trade on crypto or forex .If you are a good trader and understand the market well you can win trade binary more easily ,but Binary is look like a gambling .I wanna suggest you to learn Crypto trading you can earn much from that with minimum of risk.

the chances are always been possible but how we can achieve the success is the most important thing so anyone can reach its on position to the success but how long it takes and how we can reach it will be the matter here.

In binary trade you must need to proper knowledge about candle sticks and obviously need to knowledge about technical analysis. So a trader have a little bit chance to win in binary option. But you should keep in mind that binary trade and crypto trade isn't same. So best of luck.           

This is one of those question that doesn't really have that much of an answer. I mean if you are asking if there is a "chance" than yeah sure why not? There is definitely a chance anyone even non traders could profit from binary options for sure, its not like something that takes away your money and doesn't give you back like a payment or something, you could definitely get lucky and win as well. The real question is, will they profit all the time or will they profit constantly?

I doubt that, binary options is much riskier way of trading and even though there is a chance we really don't know how high that chance is, it could be very small as well. I think the problem is if someone is a good trader enough to actually get good results on binary options he can use that better on bitmex.

Anyone have the chance to be successful on crypto trading but not everyone can be.Trading looks simple but it is more risky and complicated thing when we don't know what will happen in the next days,so you have to find your strategy to keep making profits by predicting the prices early as much as you can.

I think yes, binary options require skills and are able to read candle sticks carefully and correctly, if you are a trader with very large assets, binary may be able to make a millionaire or make you collapse, because binary trading is very risky, your assets can sucked if your trade is not appropriate

In binary trading you can set the specified time frame as you wish right? Or there are already several options of time frame and you should choose it?

I think gambling is already included in trading itself (its like 80% analysis and 20% gambling), so we cant say that binary trading is somehow different from normal trading.
Theyre like poker and blackjack.

Binary Options is more like gambling. And like gambling only a few are lucky.  You may be among the few success stories, we never can tell. But my advise to you would be to stay away from it if you can't withstand losses or you have a problem with your blood pressure (it's going to pump real hard.)


Oh dear! It's very risky.

I believe that anybody can win anything, one just need to set their heart towards what they want to achieve and they would see themselves achieve it one day, I have seen traders who are not so much of a professional make win thousands of dollars in binary option, so I don't see any reason why a professional trader will not be able to win, it's just that it might look very difficult, but when you set your mind towards it, then you will achieve it for sure, so if you are thinking of trying it out, I would advise you to go ahead.

Of course, we can easily say these words based on the experience we have but when it comes reality our mind change to different nature and that's how the market situation is going to be, we have to take risks in the market but it should effect on the investment we made. At one point everybody will start losing the value but that is not an indication that we are going to lose.

There’s no doubt that there is a high possibility of winning in trading most especially if the trader use the right method and strategy. Trading for me is not a joke where in anyone can just play because if a trader don’t use the right strategy and method then the chance of winning is very low. If you want to succeed and win at trading one must have to analyze every possibilities and do a lot of research and monitoring as to not waste money and time in trading.

of course, a trader has that opportunity, even though in the end the opportunity returns to the skill of the trader himself, is he capable or not?
because I think crypto currency trading is certainly better to do now.

There are other ways that can be selected in binary, indeed when speculation can be obtained by looking at market conditions, indeed the benefits are very large because it might be better for me to choose crypto trading for that, better at analyzing without having to speculate without being clear, I don't know I am a little bad with binary for me personally but back to your comfort in putting something valuable.

Exactly.Trading can give us huge profits if we also work for it and keep chasing all the opportunities that will make profits in trading.I believe trading is not for everyone because it requires more technical analysis and focus on the market so that you will know what will be your next move.Binary trading can be very useful helpful if we also know what we are doing.

Yes, there a chance to earn but the risk is also high. Traders have so many options and it will depend on what strategy you will use just to make profit. As a trader you should have many options so you can easy know the most profitable way for you to secure your money, trader is a hard without any experience.

It's already 2019, stay away from this kind of "game" because of the risk involved  and in the end you will likely lose everything. I won't even consider this as trading, more likely gambling because you are putting a bet of future prices. If I'm in the OP shoes, I will consider trading as more viable way of making money here, at least you can mitigate your risk, minimize your lost and will learn a lot that will make you a better trader and obviously can produce more money for your in the future.