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Economy => Trading Discussion => Topic started by: Armani123 on March 21, 2021, 03:09:29 PM



Title: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Armani123 on March 21, 2021, 03:09:29 PM
Online Gambling 'or' Day trading cryptos- Which one is more lucrative?

Hey folks, it me Armani123 (Viketo Sumi) again. Well, which one suited you more: gambling or day trading cryptos?

Firstly, let me elaborate my experiences in online gambling. I have been gambling in crypto gambling sites for more than seven years now. I gamble in casinos as well as in sports. As long as I am concerned, casinos has been good to me. I prefer dice rolls, roulette, reels, and megaways games in casinos. The better side of casino games is that, if your luck seems to elude you, then you can always abandon it and come back on different day to check if your luck has changed.

I believe everyone can profit in casinos as long as one is determined to spend only a limited amount one sets before entering a game. This is not just notional but a given fact and proven times and times after. Learn to control your emotions and play the game and don't let the game and your luck dominate you. If you do, you ultimately become an addict.

If you are having a bad hand continuously, then abandon it to play another time. On contrary, if the lady luck is in your side, don't be too greedy and leave the game while you are ahead. Another smart way to gamble is to limit your time, but maintaining timeline can be very disenchanting. So I suggest, limiting your funds is more appealing.

Coming to Sports gambling, I have not even once made a considerable profit. In fact, most of my funds I netted in casinos were lost in sports gambling. On top of my gambling accounts, I have also funded hugh amount of funds from my saving accounts into sports gambling with no returns.

Before I started sports gambling, I did what all the experts advised. I researched the athletes or the teams according to the sports they played. Before setting my bets, I would thoroughly research both sides of their skills, endurance, past played games and everything that I could think that would impact the games.

Not just physical but I would also look into social medias to know what is happening in the lives of the athletes so that I can assume their state of mind. For instance, if there is  a problem happening in the private life of an athlete, the athlete is prone to perform under since there would be a knack of their private problem in their mind. This is a psychological fact.

I researched all these fields before placjng my bet and leaving no chances to fate. But still I fared badly. Human beings emotions are very hard to gauge. So I have completely abandoned sports gambling before I am completely bankrupt. Now a days, I support my favourite teams by making small donations than straining my emotions by betting on their matches.

Returning to main objective, day trading cryptocurrency has been indulging to me. Till date, I have accumulated a handsome share of profit from trading. There is no chance of losing your whole principal amount like in majority of gambling games. Unlike in sports gambling, there is no fixed timings. You can always leverage your principal amount by transferring funds if you are into futures trading. And there is no fear of losing your principal amount if you are into spot trading. You can always wait for the bullish trend and withdraw for profit. There is always a chance for some crypto currencies to go bankrupt but one is less likely to encounter such downfall with a bit of research.

According to my experiences, it is hard to lose a hugh amount of fund if you are into day trading. You can cut your loses immediately and pull out if the market is in the down trend.

Like sports gambling, trading also requires one to do intensive research and keep up with social and market medias. Aside from researches, it is vital for trader to learn the patterns of market graphs and various signals before on plunges into the real world of trading. Learning to trade is a lifelong process. Anyone can teach you to read signals but the rest is up to you.

Trading can also be classified into short term and long term investments, then there's scalping etc. But let's leave that for another time.

With all the information stated above, in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.

Armani123
(Viketo Sumi)


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Fesatmas on March 21, 2021, 03:25:36 PM
This choice is both individual comfort and convenience. There are three characters, first people who like to gamble but do not like crypto trading, on the other hand there are those who like to trade crypto but don't like to gamble, and the third like both.
well here in general, people will say that gambling is much more profitable because it only takes once or twice a slot can have a large nominal multiple, but we can't say which is better, because everyone has their own preferences. Likewise, they feel much more secure and their financials will not decrease, in other words, trading crypto is relatively low loss. So there are similarities and differences between gambling and trading crypto. all have their own advantages and disadvantages. and I personally like both of them, even though I'm not too good at gambling, I always try new things at the risk that I agreed at the beginning.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: BIN-BIN on March 21, 2021, 04:36:23 PM
Gambling and trading are two different activities with both having different purpose in an individual life, in trading you are doing it with the sole aim of making profit's, while in gambling you gambling to have fun and at the same time make some money but the fun in playing the gambling games make it different from trading to me.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: passwordnow on March 21, 2021, 07:37:49 PM
Talking about which is lucrative, based on everyone's experience that's day trading. But the risk that it has is almost the same as you gamble online.
In day trading, you're likely to lose and you're not going to enjoy it unless you make it your bread and butter. Everyone differs in which is profitable to them.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: dunfida on March 21, 2021, 07:46:13 PM
Comparing between investment and entertainment? I dont really like to make up some comparison but talking about lucrative or simply profitable
then this will vary into someone on how well he could really manage it out.Lets not talk about pure luck based gambling but rather with those strategic
ones when it comes to profitability on which there are really people who could really manage to do so.Same goes with day trade which it is still
risky but somewhat a worthy thing if you are really looking for long term runs than on a temporal kind of thing.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: DoublerHunter on March 21, 2021, 08:03:39 PM
Talking about which is lucrative, based on everyone's experience that's day trading. But the risk that it has is almost the same as you gamble online.
In day trading, you're likely to lose and you're not going to enjoy it unless you make it your bread and butter. Everyone differs in which is profitable to them.
^ Lucrative means having a decent profit, probably that is gambling.
The higher risk, the high potential of having profit but won't survive in long run, this most likely based on luck while day trading you can apply skills and knowledge which is if you have these, which means this will have lucrative to you. This will depend on us which we differ to stay and have a profit if you think you can risk your money on gambling, it's up to you and if you are good in day trading then, you go for it. Nevertheless, I can consider here gambling is much worst than day trading.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Lordhermes on March 21, 2021, 08:39:25 PM
The respective difference between online gambling and day trading in term of lucrativity may not be emphasised, not many people prefer trading likewise gambling.
Let's check out the difference and similarities (https://www.tradersmagazine.com/am/trading-vs-gambling-what-is-more-profitable/) between them.

In the case of gambling on casino, that's, lucky based predictions, there is no actually a strategy to be used to win on casino while trading carried some tools for analysis for predicting the move of market conditions in the future.

Winnings and profits in gambling and trading is quite different, $2 on one spin in any casino game can let you turn out to be richer within some seconds, whereas trading with $2 can eventually take you time before achieving your goal except for the long term hodlers.

I can't really tell if gambling is more profitable than trading,
different thing works for different people, with these comparisons and differences started above, one can conclude which one is best lucrative to himself depending on what you love doing the most. If you love using tools to analyse, go for trading, if you are a dude with high luck, consider gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Question123 on March 21, 2021, 09:48:04 PM
Gambling is high risk to lose your money but at the same time you will earn money fastly, but the trading are less risk but it takes time for your money to grow so I think they have advatanges and dis advatanges but If Im going to choose only between the two I will stick to trading because It is more profitable income than online gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: crzy on March 21, 2021, 09:55:27 PM
Gambling is profitable if you’re lucky enough to hit the jackpot and it will happen at no specific time.
In trading, we make money through our hard work, we do analyze the market as much as we could so we can hit our target profit everyday, or even every month. Personally, I still believe that Trading is more profitable that gambling though both are risky but in trading you can less that risk by analyzing the whole trend.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: AmoreJaz on March 21, 2021, 09:57:26 PM
The respective difference between online gambling and day trading in term of lucrativity may not be emphasised, not many people prefer trading likewise gambling.
Let's check out the difference and similarities (https://www.tradersmagazine.com/am/trading-vs-gambling-what-is-more-profitable/) between them.

In the case of gambling on casino, that's, lucky based predictions, there is no actually a strategy to be used to win on casino while trading carried some tools for analysis for predicting the move of market conditions I the future.

Winnings and profits in gambling and trading is quite different, $2 on one spin in any casino game can let you turn out to be richer in within a second, whereas trading with $2 can eventually take you time before achieving your goal except for the long term hodlers.

I can't really tell if gambling is more profitable than trading,
different thing works for different people, with these comparisons and differences started above, one can conclude which one is best lucrative to himself depending on the what you love doing the most. If you love using tools to analyse, go for trading, of yiu are a dude with high luck, consider gambling.

bottomline, each individual has different take on this. because not all people like to gamble or to trade. either way, the lucrative description is very subjective. it depends on the individual involved in this activity. some people will see trading as lucrative, whereas, others may choose gambling. so it really depends on the person's perspectives towards these 2 activities. the skills they have are important on how they can turn a small bankroll into good money.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: AhmadM on March 21, 2021, 10:18:44 PM
I think it was kinda weird to compare gambling and trading, although there is a risk on both of them but they are quite different activities. IMO gambling basically is to entertaint purpose so it's not really suit place to make money, most of the cases you just ended with lose your money particularly if you have no enough luck there and do it in long run


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: GreatArkansas on March 21, 2021, 11:27:51 PM
Winnings and profits in gambling and trading is quite different, $2 on one spin in any casino game can let you turn out to be richer in within a second, whereas trading with $2 can eventually take you time before achieving your goal except for the long term hodlers.
(....)
But in trading, it can be more profitable once you already into it. Like learning some basics and you are really posses in trading.
You can learn about it and it will turn out not a lucky-based way to earn profits, not the same with gambling which is purely lucky based.
There is also risk management on trading, in which you minimize your losses and maximize the profits.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: cabron on March 21, 2021, 11:35:42 PM
Trading could be lucrative in times when there is a bull market. Trading is too stressful for someone who wants to profit daily and if you are not that good with analysis, you go to gambling which is more fun. Trading isn't as easy as it looks compared to online gambling which all you have to do is figure which strategy to use and have fun then. Losing the funds however isn't fun, however.









Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Myleschetty on March 22, 2021, 12:00:05 AM
From my own view online gambling and crypto day trading are like siblings, they can be lucrative at some point and they may not but what important is the person in charge knowledge and decision making, and sometimes luck.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Wexnident on March 22, 2021, 01:38:38 AM
Hmm, it depends on how you look at it. I mean, both gambling and trading have their own ways of making $1 into $1m in a single moment and in a lot of time. They're both quite reliant on luck and probably persistence, but most importantly, money. If I were to compare the two, I'd think gambling is more lucrative? Since that $1 to $1m in a single moment doesn't really rely on anything other than luck, but $1 to $1m in trading mostly happens when a coin you invest in boomed all of a sudden, which is a constant growth, not a sudden one. Constant growth means you'd have instances where you could just take out your investment since you've received profit plenty enough, and I hardly doubt a sudden boom would happen in trading where it'd be enough for $1 to go to $1m.

In a constant way though, I'd choose day trading. An experienced trader would have his/her ways to actually progress through each day to profit, even if it is a small amount. Not to mention that there are multiple investments that you can make, some are just for hodling for the long term while some would be for day trading.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: hd49728 on March 22, 2021, 03:23:53 AM
Online Gambling 'or' Day trading cryptos- Which one is more lucrative?

Hey folks, it me Armani123 (Viketo Sumi) again. Well, which one suited you more: gambling or day trading cryptos?
None of which suits me. I lost a lot of my bitcoin and cryptocurrency in the past and I won't repeat my stupid activities again.

All of my stupid losses come from greed. I lost it with my trades, gambling, and margin or leverage trades. The easiest way to increase your balance is buy bitcoin and hold it. Do you think bitcoin has topped up? If you think it can rise more and the top is far from now, why not buy and hold?

If you find some potential altcoins, why do you not buy and hold them? Bull market is easiest one to increase your balance. No need to gamble, use leverages.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Wind_FURY on March 22, 2021, 11:48:53 AM
Online Gambling 'or' Day trading cryptos- Which one is more lucrative?

Hey folks, it me Armani123 (Viketo Sumi) again. Well, which one suited you more: gambling or day trading cryptos?

Firstly, let me elaborate my experiences in online gambling. I have been gambling in crypto gambling sites for more than seven years now. I gamble in casinos as well as in sports. As long as I am concerned, casinos has been good to me. I prefer dice rolls, roulette, reels, and megaways games in casinos. The better side of casino games is that, if your luck seems to elude you, then you can always abandon it and come back on different day to check if your luck has changed.

I believe everyone can profit in casinos as long as one is determined to spend only a limited amount one sets before entering a game. This is not just notional but a given fact and proven times and times after. Learn to control your emotions and play the game and don't let the game and your luck dominate you. If you do, you ultimately become an addict.

If you are having a bad hand continuously, then abandon it to play another time. On contrary, if the lady luck is in your side, don't be too greedy and leave the game while you are ahead. Another smart way to gamble is to limit your time, but maintaining timeline can be very disenchanting. So I suggest, limiting your funds is more appealing.

Coming to Sports gambling, I have not even once made a considerable profit. In fact, most of my funds I netted in casinos were lost in sports gambling. On top of my gambling accounts, I have also funded hugh amount of funds from my saving accounts into sports gambling with no returns.

Before I started sports gambling, I did what all the experts advised. I researched the athletes or the teams according to the sports they played. Before setting my bets, I would thoroughly research both sides of their skills, endurance, past played games and everything that I could think that would impact the games.

Not just physical but I would also look into social medias to know what is happening in the lives of the athletes so that I can assume their state of mind. For instance, if there is  a problem happening in the private life of an athlete, the athlete is prone to perform under since there would be a knack of their private problem in their mind. This is a psychological fact.

I researched all these fields before placjng my bet and leaving no chances to fate. But still I fared badly. Human beings emotions are very hard to gauge. So I have completely abandoned sports gambling before I am completely bankrupt. Now a days, I support my favourite teams by making small donations than straining my emotions by betting on their matches.


Then it’s not lucrative.

Quote

Returning to main objective, day trading cryptocurrency has been indulging to me. Till date, I have accumulated a handsome share of profit from trading. There is no chance of losing your whole principal amount like in majority of gambling games. Unlike in sports gambling, there is no fixed timings. You can always leverage your principal amount by transferring funds if you are into futures trading. And there is no fear of losing your principal amount if you are into spot trading. You can always wait for the bullish trend and withdraw for profit. There is always a chance for some crypto currencies to go bankrupt but one is less likely to encounter such downfall with a bit of research.

According to my experiences, it is hard to lose a hugh amount of fund if you are into day trading. You can cut your loses immediately and pull out if the market is in the down trend.

Like sports gambling, trading also requires one to do intensive research and keep up with social and market medias. Aside from researches, it is vital for trader to learn the patterns of market graphs and various signals before on plunges into the real world of trading. Learning to trade is a lifelong process. Anyone can teach you to read signals but the rest is up to you.

Trading can also be classified into short term and long term investments, then there's scalping etc. But let's leave that for another time.

With all the information stated above, in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.


I believe for most people, especially newbies, HODLing Bitcoin is the most lucrative investment strategy we can do. Compare your day-trading results recorded from the first day, with if you had just bought Bitcoin during the same day and HODLed.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: kaya11 on March 22, 2021, 05:37:58 PM
I can't really tell how much is the difference between the two. These two have their own ways. In trading you need intelligence, some traders came from stocks exchange, they are either learned or experienced in some ways.

While one the other side, gambling most of the times is pure luck, only a few can be won by skills, and experience. It is hard to predict.

If I were to choose between the two, I would pick trading, my losing streaks will be my experience and knowledge, and it will be a much of a help in the future trade.

To answer the question of OP, I'd chose gambling to be more lucrative, if you had the luck, you can be rich in an instant, although the two have their similarities, high risk, high gains.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: StartupAnalyst on March 22, 2021, 07:42:14 PM
Experience has shown that 90% of gamblers can’t stop and lose all their assets in on-line gambling as well as in real casino. I like very much film “Wild card”. You can see there how the very skillful and cool dude in one moment had lost everything because of one wrong card. It’s only a film but the reality is very similar. Trading crypto is different. If trader invest in several reliable assets, make/cancel different limit-orders the risk to lose money is minimum because of volatility of crypto. One day it will pump investor need just to catch right time.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Lordhermes on March 22, 2021, 08:04:42 PM
Winnings and profits in gambling and trading is quite different, $2 on one spin in any casino game can let you turn out to be richer in within a second, whereas trading with $2 can eventually take you time before achieving your goal except for the long term hodlers.
(....)
But in trading, it can be more profitable once you already into it. Like learning some basics and you are really posses in trading.
You can learn about it and it will turn out not a lucky-based way to earn profits, not the same with gambling which is purely lucky based.
There is also risk management on trading, in which you minimize your losses and maximize the profits.
Hugh profit using low amount is hardly seen in cryptocurrency trading, except it takes some couple of months to get up to that amount. Moreover, there are also a strictly followed procedure for risk management, though, I'm not against trading or for gambling, but your favorite gives you chance of choosing one.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: nelson4lov on March 22, 2021, 09:59:11 PM
Gambling is high risk to lose your money but at the same time you will earn money fastly, but the trading are less risk but it takes time for your money to grow so I think they have advatanges and dis advatanges but If Im going to choose only between the two I will stick to trading because It is more profitable income than online gambling.

In my opinion, it depends on the individual and what they're naturally good at. The first thing to note is that both gambling and trading involves a significant amount of risks. It's true that gambling can grow one's money faster (if majority of the bets are won) than trading but that was true for the last couple of years where majority of crypto trading was done on spot exchanges, it the introduction of leverages and futures trading in recent years, it has become much easier to get profits if the trade goes the way of the trader. For instance, 10% increase on a 10x leveraged position is same as 100% increase or 2 odds or 2x multiplier (for gambling).


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Wind_FURY on March 23, 2021, 05:19:59 AM
Gambling is high risk to lose your money but at the same time you will earn money fastly, but the trading are less risk but it takes time for your money to grow so I think they have advatanges and dis advatanges but If Im going to choose only between the two I will stick to trading because It is more profitable income than online gambling.

In my opinion, it depends on the individual and what they're naturally good at. The first thing to note is that both gambling and trading involves a significant amount of risks. It's true that gambling can grow one's money faster (if majority of the bets are won) than trading but that was true for the last couple of years where majority of crypto trading was done on spot exchanges, it the introduction of leverages and futures trading in recent years, it has become much easier to get profits if the trade goes the way of the trader. For instance, 10% increase on a 10x leveraged position is same as 100% increase or 2 odds or 2x multiplier (for gambling).


But none of both gambling, or leveraged trading is “more lucrative” because both of them brings the person under a high  level of risk of losing their capital. Would you put all your savings in a 10x leveraged trade? It’s OK if the amount is small and something you’re willing to lose, like $100.00.

Only Bitcoin, Only HODL. 8)


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: tvplus006 on March 23, 2021, 11:16:18 AM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: imstillthebest on March 23, 2021, 12:00:42 PM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.
if trading is a job then its not the trading that will become simillar to a casino but its the casino that will become simillar to trading if you treat  casino same as a job or you can also say that trading will become simillar to a casino if you treat trading as an entertainment  because every people has their own kind of fun  .
if we will foccus in the word gambling and not in the games both are comparable because gambling is an act of depositing and trading your money in the form of crypto .


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: davis196 on March 23, 2021, 12:04:44 PM
Why the hell are you even comparing gambling to day trading?
Those two cannot be compared.
Nothing is lucrative,unless you put some effort and work hard to learn and practice.
Gambling is mostly about luck.All the talk about having a strategy in gambling is just fooling yourself that you have control over the game and creates a false sense of confidence.Most gamblers are delusional.They think that they can win against the casino.In the long term,everyone loses.
On the other hand,luck isn't a factor at all in day trading.It's all about learning the markets and being persistent.

 


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: longyenthanh on March 23, 2021, 01:15:37 PM
Besides the fact that I would never compare day trading to gambling, in my opinion both are useless and don't work. HODL is the only key to success no matter which trading industry you are into. Those who invest for long term never loose. See Bitcoin stats and you will get to know why HODL is so important.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: blckhawk on March 23, 2021, 02:33:44 PM
Gambling is profitable if you’re lucky enough to hit the jackpot and it will happen at no specific time.
In trading, we make money through our hard work, we do analyze the market as much as we could so we can hit our target profit everyday, or even every month. Personally, I still believe that Trading is more profitable that gambling though both are risky but in trading you can less that risk by analyzing the whole trend.

The thing is IF your luck will prevail which is less chance for it to happen, unlike trading where the result can be done exactly as what you have analyzed. Both can be risky but it will all depend on where you are more skillful like if you doing trading for a long time, making technical analysis, reading the market chart, and more then it would be less risky but if you are good at gambling like you are doing it for a long time, you made a good performance on your play history then probably gambling will be much perfect for you. If you want something lucrative then focus and learn whether gambling is or daily trade.

Besides the fact that I would never compare day trading to gambling, in my opinion both are useless and don't work. HODL is the only key to success no matter which trading industry you are into. Those who invest for long term never loose. See Bitcoin stats and you will get to know why HODL is so important.

I'm just thinking if you accumulate all of your profits on your daily trade wouldn't be comparable to the profit you will have if you go for HODL? Sure there will be some losses on it but there will be time bonus profit will come like 3-5x of it. Or perhaps it might not have the same amount of outcome but pretty sure it won't be that far. Besides, as far as I know, there are several people who can able to pull it through.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Yatsan on March 23, 2021, 02:34:55 PM
Both differ from one another and seems to be incomparable. The common denominator both can have is that there will always be certain risks that are associated on getting along on either of the two and the presence and possibility of loss is more than having gain or profit. But I would rather choose trading more than gambling due to my own personal reasoning and perception that I find trading to be manageable rather than gambling. Well, that is just for my perception but other people can have different point of view other than mine. Both are unique on their own practical ways and you have the freedom to choose whether of those two you will have to deal with and which will suit upon your preference.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: worle1bm on March 23, 2021, 03:01:46 PM
Both can give you decent profits if you possess skills in both the field of trading and gambling.In trading you can have market prediction and invest accordingly but gambling is pure risk game as you don't know whether you will win or losse depending on the game you are playing.But if you learn strategies to know move of other players you have certain advantage over profits.So both have their own advantages and limitations so it's your personal choice which one to follow or follow both at the same time.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: skarais on March 23, 2021, 03:01:52 PM
Afaik, when gambling has been used as a mean of making a profit, the player is considered a problem player and is not responsible for his gambling activity. Gambling should only be used as a mean of entertainment even though in practice the player can make a profit. Gambling is not really well treated as a way to make money because the risk is even higher than trading.

Day trading give us better control than gambling. When the asset price drops 20%, we still have at least 80% of the total balance. But gambling can force your emotion to exhaust all of your balance at once out of your desire to win money and cover loss. If it's me then day trading is one of the best than gambling if profit is the variable.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: zanezane on March 24, 2021, 08:18:06 AM
If you want to lose your money overtime then you can do online gambling because statistics show that overtime the wins that you get from gambling is slowly going downhill and it is a no brainer that day trading is the more lucrative because in this way despite the risks, there is still a possibility of going back up much faster compared to gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: geegaw on March 24, 2021, 01:20:46 PM
Both can give you decent profits if you possess skills in both the field of trading and gambling.In trading you can have market prediction and invest accordingly but gambling is pure risk game as you don't know whether you will win or losse depending on the game you are playing.But if you learn strategies to know move of other players you have certain advantage over profits.So both have their own advantages and limitations so it's your personal choice which one to follow or follow both at the same time.
The skills to win gambling are only the thoughts of individuals who are not well aware of the gambling process, gambling games designed to bring people into a world full of illusion, with our little skill and trick, it's not enough to beat this pre-programmed system, even in real life gambling battles, casino staff members cheat too easily with their manipulation and techniques. The daily trading offers many advantages over gambling, our skill may be few but it is still effective and useful for analysis, not make decisions without thinking will not bring too much risk


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: bitgolden on March 24, 2021, 01:29:30 PM
Besides the fact that I would never compare day trading to gambling, in my opinion both are useless and don't work. HODL is the only key to success no matter which trading industry you are into. Those who invest for long term never loose. See Bitcoin stats and you will get to know why HODL is so important.
Well, at least you can give what is ceasers to ceaser because we are talking about gambling which is mathematically impossible to profit because of the house edge versus trading which you could make money if you know what you are doing. Sure in trading, there is a luck involved as well and in gambling there is some expertise, both of them have some common stuff that we could see but the reality is that gambling is just gambling, and you lose all your money as long as you keep gambling, even if you turn 1 dollar into 1 million dollars, if you keep gambling you will lose it.

Trading doesn't have that and that is why I think it is obvious that we should pick trading if we want to learn one of them. I would advise people to read about and study trading so that even if you lose money there, it is not guaranteed and there is a chance of profit unlike in gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Distinctin on March 24, 2021, 02:04:29 PM
Gamblers will say Gambling is more profitable. And obviously, of course, Traders will also say trading is more Lucrative.

Whatever you are, if that you are a Gambler or Trader, don't make compared the two because you are not doing both to give a reason that you can say which one is better. Because some people are not good at trading but they lucky in gambling, and some people also are good at trading but very unlucky in gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: sujonali1819 on March 24, 2021, 02:11:07 PM
Both are risky but crypto trading is more risky imo. In day trading user can lost a percentage only. But in crypto gambling user has a chance to lost all the portfolio by which the user doing gamble.

So I will say day trading is more lucrative than the crypto gambling. Because people who lost money in trading atleast they can hold it for some days. But it gambling people can lost all the money in minutes.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: k@suy on March 24, 2021, 04:18:38 PM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.

Online gambling and trading was too far different form each other. The two areas are both okay to be considered with with their respected areas where they belong. But its true that online gambling was mostly intend for entertainment but there are some of us here who are trying their luck in online gambling to earn here while. For me the only common thing about gambling and trading was that it is both risky.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: el kaka22 on March 24, 2021, 04:51:22 PM
Afaik, when gambling has been used as a mean of making a profit, the player is considered a problem player and is not responsible for his gambling activity. Gambling should only be used as a mean of entertainment even though in practice the player can make a profit. Gambling is not really well treated as a way to make money because the risk is even higher than trading.

Day trading give us better control than gambling. When the asset price drops 20%, we still have at least 80% of the total balance. But gambling can force your emotion to exhaust all of your balance at once out of your desire to win money and cover loss. If it's me then day trading is one of the best than gambling if profit is the variable.
I do agree with that, I have talked about how gambling should not be for profiting but should be for entertainment, but some people unfortunately keep gambling based on hopes of profiting, that seems to be as wrong as it gets.

However if you take gambling as a source of fun, you could actually do great, winning is great, friendships are great, watching a game while having a bet on that game makes the game so much more exciting as well, even if you are not fan of either team you would be having super fun if your team wins or sad that other team wins and basically makes everything so much more tasteful. Trading on the other hand is a job, there are people who are hired by companies to trade daily based on the numbers and so forth, that's great and there are people who lose but that doesn't mean that you have to lose, there is no guarantee of that on trading.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: JooBra on March 24, 2021, 06:35:02 PM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.
To be honest for most of people trading is like gambling since they can't control emotions. When you get your emotion under control  then you can call yourself a trader and things can go better from there.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Oceat on March 24, 2021, 07:27:55 PM
Both are risky but crypto trading is more risky imo. In day trading user can lost a percentage only. But in crypto gambling user has a chance to lost all the portfolio by which the user doing gamble.

So I will say day trading is more lucrative than the crypto gambling. Because people who lost money in trading atleast they can hold it for some days. But it gambling people can lost all the money in minutes.
I would say it all depends on their skills because some people may make some from gambling and some from trading. But I prefer trading as a lucrative/profitable because you could see the situation far more ahead than in gambling.

Since just like what you said gambling may lose all of your money in a second depending on what games you are playing but still day trading is still profitable. Gambling is supposed to be for entertainment only and not for making money since it's more like of a hobby when you are gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: passwordnow on March 24, 2021, 07:29:35 PM
Talking about which is lucrative, based on everyone's experience that's day trading. But the risk that it has is almost the same as you gamble online.
In day trading, you're likely to lose and you're not going to enjoy it unless you make it your bread and butter. Everyone differs in which is profitable to them.
^ Lucrative means having a decent profit, probably that is gambling.
The higher risk, the high potential of having profit but won't survive in long run, this most likely based on luck while day trading you can apply skills and knowledge which is if you have these, which means this will have lucrative to you. This will depend on us which we differ to stay and have a profit if you think you can risk your money on gambling, it's up to you and if you are good in day trading then, you go for it. Nevertheless, I can consider here gambling is much worst than day trading.
As I've said it differs from everyone on which is profitable or lucrative for you. But if you have an experience and you have proved it that in gambling it's more lucrative than day trading then you have a proof. You've said that it's probably gambling that's more profitable then at the end you said that it's worst than day trading. Having a decent profit, it's also available if you're going to do it with day trading but you need a decent amount for capital to make yourself make that much money on it. So yes, it really differs from everyone's experience.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: iv4n on March 25, 2021, 08:08:20 AM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.
To be honest for most of people trading is like gambling since they can't control emotions. When you get your emotion under control  then you can call yourself a trader and things can go better from there.

I call it gambling every time I see someone is risking something to make more of it! So trading is gambling, and like any other gambling game, it has rules and regulations!
When you trade against whom you are trading? When I say in order to make a profit in trading, someone else needs to lose, would I be right? Now tell me how that can be different from poker? I will tell you the difference, in poker, you can play against 8 people on the table, on the exchange you are trading against hundreds or thousands... And unlike in poker where you see the amount of chips in front of every player, in trading, you don't know the capital of the players!


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: gabbie2010 on March 25, 2021, 09:00:49 AM
Besides the fact that I would never compare day trading to gambling, in my opinion both are useless and don't work. HODL is the only key to success no matter which trading industry you are into. Those who invest for long term never loose. See Bitcoin stats and you will get to know why HODL is so important.
It is unfair to write  off both gambling and trading completely, these are jobs that serve as source of income to millions of people globally especially in countries where the level of unemployment is high.
I quite agreed that hodling is more profitable however can an unemployed individual keep on hodling with spending some money for daily upkeep? absolutely NO however a gambler or trader can afford some little profits earned from it to make end meet or buy stuffs and pay for some services.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: michellee on March 25, 2021, 11:23:57 AM
I prefer day trading, which is more lucrative than online gambling because, with so many coins on the market, we will have more chances to make a profit. You can say that you can play many gambling games in gambling, but the chances will not be too big, especially if you do not have skills for the gambling games based on the skills.

Both online gambling and day trading cryptos can be lucrative, but that will depend on how good someone has the skills in trading or the skills gambling games. If you buy one coin and the price is down, you will have more chances to see that coin will increase in the future, especially if you can buy the potential coin. But in the gambling game, even if you have skills in that game, you can not expect always to win as there will be more gamblers who have good skills in the games.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: goaldigger on March 25, 2021, 11:54:10 AM
I’ll go for trading since the result are more predictable compare to gambling that any strategies will not work at all. In trading, we do analyze and that’s how we make money and the probability to win in gambling is too low yet its more risky. Nevertheless, these two are still risky and for me gambling is not a best place to make money because its for your entertainment only, while trading is full of work.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: DevilSlayer on March 25, 2021, 12:09:45 PM
For me it is depends on the perspective of a certain person, I'm into trading so of course I am part of the people who will says trading is more profitable. It is all about your edge, you cannot force yourself to do trading if you have a great skills in gambling. That is also applicable in vice versa where in you cannot force your swlf to do gambling if you are more used to do technical analysis. Knowing your risk appetite is also important where in you are aware what you should focus between trading or gambling for you to produce some profit. You can earn huge amount of money in both trading and gambling, having an edge will definitely help you to know what is more profitable between the two.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Ararbermas on March 25, 2021, 12:33:19 PM
The most lucrative way will be day trading mate, but it's very risky to do especially when it comes crypto, you know why? Because it's so volatile and sometimes very unpredictable tbh.. Wherein you need more time for it just to get the right timing to buy and sell. monitoring the movement in graph time in time will be the most important. So don't expect doing part time will be worth it to do.. Just friendly reminder mate..


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: JooBra on March 25, 2021, 06:34:19 PM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.
To be honest for most of people trading is like gambling since they can't control emotions. When you get your emotion under control  then you can call yourself a trader and things can go better from there.

I call it gambling every time I see someone is risking something to make more of it! So trading is gambling, and like any other gambling game, it has rules and regulations!
When you trade against whom you are trading? When I say in order to make a profit in trading, someone else needs to lose, would I be right? Now tell me how that can be different from poker? I will tell you the difference, in poker, you can play against 8 people on the table, on the exchange you are trading against hundreds or thousands... And unlike in poker where you see the amount of chips in front of every player, in trading, you don't know the capital of the players!

Well mostly you are right but there is a part of it and people can live for trading if they really focus on it. Being up to date with news and with all involving the market it gives you a edge over most of people trading.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Quidat on March 25, 2021, 08:32:07 PM
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.
To be honest for most of people trading is like gambling since they can't control emotions. When you get your emotion under control  then you can call yourself a trader and things can go better from there.

I call it gambling every time I see someone is risking something to make more of it! So trading is gambling, and like any other gambling game, it has rules and regulations!
When you trade against whom you are trading? When I say in order to make a profit in trading, someone else needs to lose, would I be right? Now tell me how that can be different from poker? I will tell you the difference, in poker, you can play against 8 people on the table, on the exchange you are trading against hundreds or thousands... And unlike in poker where you see the amount of chips in front of every player, in trading, you don't know the capital of the players!

Well mostly you are right but there is a part of it and people can live for trading if they really focus on it. Being up to date with news and with all involving the market it gives you a edge over most of people trading.
It doesnt matter on where you do get information neither technicals or fundamentals then as long it would able to give you out some benefits towards your trades then that what really counts.
When it comes to lucrative thing then i dont usually joined up Trading and gambling no matter what for it is because it is truly different when it comes to investment which this one doesnt
really fit out on the criteria.So i would really be sticking out with trading cryptos even though this could be considered gambling but only when you dont know on what you are
doing then trading could really be considered to be risky as trading but somehow you can really learn on it which you can make yourself progress.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: LUCKMCFLY on March 25, 2021, 09:02:52 PM
Well there are very few people who do well with gambling, 7 years playing and getting good results is not bad at all, and what you think about how to attack the different games in the casinos is fine. Although in trading everything is different, because you would no longer be doing things randomly and you would not totally surrender to luck.

I think that the difference of intraday trading with gambling is that with trading you establish your plan and there are many probabilities that it will give you benefits with a high success rate, with gambling you have to have a great streak and know how to control emotions to the maximum so as not to lose more than normal, like trading many when they enter they only take account of how much they want to win and not how much they are willing to lose. Many trade leaving everything to chance, that is, they enter trading by gambling and it may work for them, but there will come a time when luck will inevitably not reach them and they may fail and that is what should be avoided at all costs. . The tools to help you are many, technical analysis, you can support yourself with volume analysis, in gambling and games of chance, the most important thing is the psychological part in knowing how you can act in the face of continuous losses and not fall into vice. Your experience encourages many, and 7 years playing and being successful is worth respecting.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: seleme on March 25, 2021, 10:25:52 PM
Tbh, both activities have some advantages and disadvantages which can cause a long-term addiction if the person has no mental control over himself. In gambling, luck is a more important factor since traders rely on statistics which creates a long term pattern. There is no need to compare the both because the pro traders never like to see them called gamblers by other people.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: so98nn on March 28, 2021, 05:52:39 AM
Day trading would be the priority if you are skilled one in the field of trading, which is as obvious as it sounds! Gambling is part of gaming, luck, and some logical strategies based on which you can play them and earn your bucks. It purely is result of mathematical outputs, you know - what the current house edge rate, how many people are loosing at the time you are playing or vice versa. That will need to be pushed with your logic and play the game to win most of it. However - Risk is highest! Once you loose the money, well you loose!

However, in case of day trading or any trading for that matter, could get you another chance to recover the money when market turns itself in the bull zone. The risk as compared to the gambling is moderate. With added skills you can do miracles in the same.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: MCobian on March 28, 2021, 07:01:50 AM
When comparing online gambling and day trading, in my opinion, online gambling is much more profitable. Because if we do day trading, the profit
that can be generated cannot be too large, because it will be very risky if day trading takes profit above 3%. Therefore, in my opinion, online gambling
can provide much greater benefits, but the problem is the risk of online gambling is much greater than day trading.

It is very possible for us to lose all the capital we have when playing online gambling. Meanwhile, for day trading, we can use the stop-loss feature
so that we don't lose all our capital. Because in my opinion online gambling is only for entertainment, it is not suitable if it is used for a source of income.
So my advice if we really plan to find a source of income, it's better to choose day trading, even though the profit generated is  not as big as what
online gambling can make. At least day trading is much safer.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: traderethereum on March 28, 2021, 07:09:04 AM
Trading without the knowledge or basic lesson about trading will not give you the profit and many of us fail to profit from trading.
Learning more will be the only thing that you can do in case to make a profit.
Gambling without luck can not give you the chance to win, but you can try to learn about gambling games based on sports betting skills, so you will have more chances to win.
If you can know how to choose the team that can win, you can expect to win the game and make money.
You know which will be more lucrative between online gambling and day trading because both have advantages and disadvantages, and you need to learn if you want to make money.
But I do not suggest you gamble as that can make you lose your money in the long term.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: SquallLeonhart on March 28, 2021, 07:22:24 AM
There has been multiple long debate in the past for comparing trading with gambling and this time OP is starting another one for the lucrative characteristic these two. I would say gambling is more lucrative than what usually traders looking for. Practically we cannot expect about big returns out of trading for the same capital but in gambling for your same bet amount, you can expect unlimited returns in most gambling types. This may be the reason, the number of occasions where people are losing money more frequently in gambling compared to trading.

Honestly I do feel more greedy while I am gambling but I am simply sticking with my technical analysis while trading. I mean I'm not ready to alter my target levels based on market conditions but I will simply book profits at targets as per technical part but in gambling I may continue as long as my luck factor favors me.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: xSkylarx on March 28, 2021, 10:39:40 AM
Gambling is a vice while trading is something to be learned that can benefit you in the future. I prefer trading because you acquire real skills here that you can also apply to other types of trading like forex or stocks. This can be a real skillset that you can use until you are old or can't work anymore. You can also use your trading knowledge by teaching someone in exchange for money. Unlike in gambling you just need to know the mechanics of that game then you are ready to go.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: hd49728 on March 28, 2021, 11:25:43 AM
Gambling is a vice while trading is something to be learned that can benefit you in the future. I prefer trading because you acquire real skills here that you can also apply to other types of trading like forex or stocks. This can be a real skillset that you can use until you are old or can't work anymore. You can also use your trading knowledge by teaching someone in exchange for money. Unlike in gambling you just need to know the mechanics of that game then you are ready to go.
Both trading and gambling can cause serious losses for you if you can not responsibly trade or gamble. Being responsible gambling or responsible trading is not what all people can do.

They mostly lose control of their minds after streaks of win or losses. Only exchanges and gambling sites will get benefit from their tradings or gamblings.

Trading has its beauty and it can help you to stay being lively in the market. Nevertheless, don't allocate more than 10% of your capital for trading. Perhaps an allocation of 1% of your capital for gambling is big enough.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: XZERO1 on March 28, 2021, 02:00:12 PM
I'm not sure that's a very good idea to make a comparison with two very different activities, since one was created for fun and entertainment(Gambling) for the most part and the other one could be considered as a job or a part-time job at the very least(Trading).

I get that many traders(specially day traders) lose money and some even treat it as gambling and buy just randomly without hesitation, just how exactly you place bets, but that doesn't change the fact that trading while knowing what you doing could have better return/profit than gambling which is just for fun and many people do it just for the dopamine rush.

Example: As a trader you buy something (that is not scam) and you fail in selling higher because price went lower, but you have the chance to sell higher in the future or at least 30-40% of your money back at the end if it doesn't work out, but as for gambling it's either win or lose for you and nothing in the middle and that means it has more risk and more reward.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: ice098 on March 28, 2021, 02:26:15 PM
I’ll go for trading since the result are more predictable compare to gambling that any strategies will not work at all. In trading, we do analyze and that’s how we make money and the probability to win in gambling is too low yet its more risky. Nevertheless, these two are still risky and for me gambling is not a best place to make money because its for your entertainment only, while trading is full of work.
Actually considering gambling to be a source of income or a means to generate a profit was for me a sort of things that don't need to figure it out because it was so impossible to make it as a means of generating a profit. Me in myself, i don't personally considering it as a lucrative coz it's a total kind of risk means there is no other way around than expecting your capital life in a win or lose aspect that has a sort of luck flavored on it. I didn't mean that trading was not risky, but here you can apply for a technical analysis and skills you have to wim from it.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: palle11 on March 29, 2021, 07:38:03 AM
I'm not sure that's a very good idea to make a comparison with two very different activities, since one was created for fun and entertainment(Gambling) for the most part and the other one could be considered as a job or a part-time job at the very least(Trading).


You are having a good analysis about these two different discuss yet related in nature especially as they are mostly related to online.

IMO,  I think that trading is learned and more professional than gambling.  It is believed that if you learn trading,  you can do better than someone who did not  learn it but just trades on the market.  But gambling is strictly looked at as a lucky game.  I remember in time ago when gambling has not become popular,  it was usually referred to as lucky deep.  That is the classification of gambling. it is believed to be unprofessional although the times are changing.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: tvplus006 on March 29, 2021, 12:14:45 PM
I'm not sure that's a very good idea to make a comparison with two very different activities, since one was created for fun and entertainment(Gambling) for the most part and the other one could be considered as a job or a part-time job at the very least(Trading).


You are having a good analysis about these two different discuss yet related in nature especially as they are mostly related to online.

IMO,  I think that trading is learned and more professional than gambling.  It is believed that if you learn trading,  you can do better than someone who did not  learn it but just trades on the market.  But gambling is strictly looked at as a lucky game.  I remember in time ago when gambling has not become popular,  it was usually referred to as lucky deep.  That is the classification of gambling. it is believed to be unprofessional although the times are changing.

There are many types of gambling and some of them already have the status of sports competitions. Gambling games such as poker can not be considered as a game of luck. It is poker that can be compared to trading to some extent, since it is impossible to do without professional knowledge in this game.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: ScamViruS on March 29, 2021, 12:48:20 PM
You are comparing two different things in the same way here. Trading is an investment which makes those who trade a little more serious about the movement of the market. You don't just have to look lucrative from the outside. A trader has to work hard to be a profitable trader. And gambling is a very risky thing. Entertainment is more involved with gambling than just wanting to make money. If you are greedy to make more money in gambling, your risk of losing will increase manifold. There are many gamblers who gamble only for entertainment.

So the two platforms should be considered separately rather than figuring out which will be more lucrative.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Viscore on March 29, 2021, 01:28:19 PM
It is neither to tell which is more lucrative and which one is not. Only we can tell that if we all tried them both but the question is are we good at them?
It has if the different situation and I know that nobody has the ability to keep them both running at the same time but probably, we have to choose which one we are preferred and confident of doing. Because if you choose one of them, you are also to confirm that this was more lucrative than the other.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: kolbalish on March 29, 2021, 01:59:29 PM
Speaking of lucrative, the fact is that gambling is attracting. Gambling is more profitable so it is interesting. Although it is risky. The higher the profit, the higher the risk. It depends on fate. Whether work is done or not, fate determines everything here. On the other hand, the profit in trading is sometimes high, sometimes low, or sometimes loss. However, the risk is low. You have to be active in trading as physically as mentally. Above all, I am highlighting the risk from lucrative.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: lixer on March 29, 2021, 04:11:23 PM
You are having a good analysis about these two different discuss yet related in nature especially as they are mostly related to online.

IMO,  I think that trading is learned and more professional than gambling.  It is believed that if you learn trading,  you can do better than someone who did not  learn it but just trades on the market.  But gambling is strictly looked at as a lucky game.  I remember in time ago when gambling has not become popular,  it was usually referred to as lucky deep.  That is the classification of gambling. it is believed to be unprofessional although the times are changing.
Depends on what kind of gambling. In a game like poker you are looking at something quite similar to trading, sure even in poker we are talking about luck, a newbie could have a four of a kind versus phil helmuth and could beat him straight up, but in a 20 hand game he is going to beat you even with that lucky hand. This is why I think it's obvious that poker could be like trading, they are very similar, and in both of them you can build a strategy as well as you can for decades but luck plays a role however experience still can recover faster and get better, and veterans can create their own luck out of nothing as well.

But, if we are talking about something like roullette? dice? plinko? Those are nothing like trading, those are just house edge games that are designed to make you lose and that's it, so I do agree that they are two very different things and trading is a lot better if you learn how to do it.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: stomachgrowls on March 29, 2021, 04:59:41 PM
You are comparing two different things in the same way here. Trading is an investment which makes those who trade a little more serious about the movement of the market. You don't just have to look lucrative from the outside. A trader has to work hard to be a profitable trader. And gambling is a very risky thing. Entertainment is more involved with gambling than just wanting to make money. If you are greedy to make more money in gambling, your risk of losing will increase manifold. There are many gamblers who gamble only for entertainment.

So the two platforms should be considered separately rather than figuring out which will be more lucrative.
I agree on this one on why it would really be needed up to choose among the two when it comes on being lucrative.

Its clear that trading would really be that worth since this is a thing that can really give you out the probabilities or chances to sustain yourself in long term runs rather than or compared to gambling.

Dont try to compare the two when you are really looking on lucrative part because the answer is pretty obvious for this one.It is just on how you do treat up each one of them.
One is no doubt to be a worthy thing to deal and one is just solely for entertainment.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: tbterryboy on March 30, 2021, 04:40:38 AM
Well, which one suited you more: gambling or day trading cryptos?
In simple words - Day Trading

Reasoning: Basically with gambling, you either lose or win but with day trading you can at least wait for few extra days and the market might recover. It is always better to give yourself higher chances and trading already fulfills that.

Another disadvantage with gambling is that you play against the house that not only has a massive bankroll but also has the edge against you mathematically. In trading you are not trying to win against someone, instead, you are trying to read and analyze the market. Gambling is better for those who are sports bettors and know how to minimize the edge by their analysis of the matches.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Kittygalore on March 30, 2021, 05:45:44 AM
Day trading all the way, I mean any rational mind will choose day trading any time of the day against online gambling. Online gambling relies on luck and probability and those things are low when you are a player and when you lose that's about it, yes there are wins and if you know when to quit you might be able to make some profit but not everyday is a winning day for gambling and in the long term you aren't getting any growth in your money. Day trading can be a skill that you can hone through doing analysis which will make you profitable in the end, I mean you can still lose but you can choose not to sell when the prices are going down, you can hold until you can earn a profit.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: wiss19 on March 30, 2021, 08:21:15 PM
It is neither to tell which is more lucrative and which one is not. Only we can tell that if we all tried them both but the question is are we good at them?
It has if the different situation and I know that nobody has the ability to keep them both running at the same time but probably, we have to choose which one we are preferred and confident of doing. Because if you choose one of them, you are also to confirm that this was more lucrative than the other.
Surely gambling is more lucrative but not everything that is more lucrative is better. Gambling and trading are two very different prospects because while one focuses on earning money (trading) the other is meant for fun and spending money (gambling) and if you are comparing them as money-making sources, then surely gambling is not fun for you which is disastrous in the loing term.

Speaking of lucrative, the fact is that gambling is attracting. Gambling is more profitable so it is interesting. Although it is risky. The higher the profit, the higher the risk. It depends on fate. Whether work is done or not, fate determines everything here. On the other hand, the profit in trading is sometimes high, sometimes low, or sometimes loss. However, the risk is low. You have to be active in trading as physically as mentally. Above all, I am highlighting the risk from lucrative.
Gambling is not more profitable, it is just more dynamic and explosive. It is similar to saying that crypto trading is more profitable as compared to stock market. It is not true because crypto trading is just more volatile doesn't mean it is more profitable.

Gambling at 5 odds cannot be called more profitable as compared to gambling on 1.01 odds because with the higher profit, there comes the extra risk and higher chances of loss too.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: chaser15 on March 30, 2021, 08:55:27 PM
Basically, people have different views about this.

Depends on where is our comfort zone, then make most of our time there.

Be it gambling or trading, as long as we know how to manage this, then we can make profits out from doing this.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: famososMuertos on March 31, 2021, 06:10:16 PM
You have something that in these parts is known as a saying "Rice with mango" you throw yourself a speech there (OP)... that does not have the slightest sense of comparison in its process, maybe in its result.

One can count apples and pears (!?) as fruits yes, there is a pear and an apple, but in individual tastes the differences come.

It is individuals who determine success or failure, based on their knowledge and skills in the activities they wish to carry out.



Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: AakZaki on March 31, 2021, 06:32:38 PM
Day trading is a very appropriate and very good choice rather than having to gamble online. I never touched gambling, just a few comments and never played it.
Every day I trade and get some profit.

Day trading also requires technical analysis and fundamental knowledge. Analysis must be done, charts must be considered. Day trading is carried out continuously. Take small profits but as often as possible.

And the most important thing is the psychological problem. Trading without good psychology will only bring you losses.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Findingnemo on April 03, 2021, 08:44:38 AM
Interesting question though but answer can be both or anything depends on what kind of user we are. I am actually lay dice when I am bored so I can feel the fun and excitement of winning something but when I am in gambling mode and wanted to test my skill and luck on the same time then day trading will be my priority because if we lose or win on gambling we may not take the blame completely on our shoulders but if we lose or win on day trading we are totally responsible even though we got some luck so it is like kind of achieving something.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: bitgolden on April 03, 2021, 08:15:54 PM
Interesting question though but answer can be both or anything depends on what kind of user we are. I am actually lay dice when I am bored so I can feel the fun and excitement of winning something but when I am in gambling mode and wanted to test my skill and luck on the same time then day trading will be my priority because if we lose or win on gambling we may not take the blame completely on our shoulders but if we lose or win on day trading we are totally responsible even though we got some luck so it is like kind of achieving something.
I feel like slots are my thing, that's a lot more fun, I gamble both with real money when I have it (crypto of course) and if not I just play on my phone because there are apps that you play and it has fake money so it's still fun. I also do not like the person I turn into when I am investing, because at the end of the day I get scared, stressed, paranoid and many other things when I am trading and it really turns me into a depressed person all around even if I make money.

However the question is not which one is better, the question is which one is really something that would be profitable for you, because you can have fun with slots all you want and you can be depressed about trading all you want but in the end if you make profit with trading and you lose money with gambling, that means there is one clear choice and that's trading which is why even though I dislike it, I still do it.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: tvplus006 on April 03, 2021, 08:39:55 PM
Gambling is not more profitable, it is just more dynamic and explosive. It is similar to saying that crypto trading is more profitable as compared to stock market. It is not true because crypto trading is just more volatile doesn't mean it is more profitable...

But it is the high volatility of the cryptocurrency that allows you to earn a big profit during the day. But this is really only possible if the trader follows a strategy that reduces the risk of losing the deposit. Otherwise, this high volatility of the cryptocurrency will only bring losses.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Yamifoud on April 03, 2021, 10:40:37 PM
If we don't have luck in trading, we surely end up losing our funds. And this will also happen in trading if we don't have better knowledge and advanced skills.
It is a better way of understanding which one of them makes you feel that you are good. To say that gambling is lucrative and we have to gamble also? It wasn't like that unless if we are too lucky in gambling. I'd rather have to choose trading which I know myself that I can improve my skills and knowledge to make money without depending on luck.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: TimeTeller on April 03, 2021, 10:50:06 PM
If we don't have luck in trading, we surely end up losing our funds. And this will also happen in trading if we don't have better knowledge and advanced skills.
It is a better way of understanding which one of them makes you feel that you are good. To say that gambling is lucrative and we have to gamble also? It wasn't like that unless if we are too lucky in gambling. I'd rather have to choose trading which I know myself that I can improve my skills and knowledge to make money without depending on luck.

I will choose trading as well, as you know, your chance here does not depend in pure luck.
And also, it depends on the person. Some gamblers can say that gambling is a lucrative one especially those in sportsbetting.
However, if you are not well acquainted with sportsbetting, you will prefer trading.
So this question is a very subjective one, as it varies from one person to another.
It depends on the capability and skills of the person involved.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Hamphser on April 03, 2021, 10:51:51 PM
If we don't have luck in trading, we surely end up losing our funds. And this will also happen in trading if we don't have better knowledge and advanced skills.
It is a better way of understanding which one of them makes you feel that you are good. To say that gambling is lucrative and we have to gamble also? It wasn't like that unless if we are too lucky in gambling. I'd rather have to choose trading which I know myself that I can improve my skills and knowledge to make money without depending on luck.

I will choose trading as well, as you know, your chance here does not depend in pure luck.
And also, it depends on the person. Some gamblers can say that gambling is a lucrative one especially those in sportsbetting.
However, if you are not well acquainted with sportsbetting, you will prefer trading.
So this question is a very subjective one, as it varies from one person to another.
It depends on the capability and skills of the person involved.
When we do talk about odds then its clear as day on what thing is really worth of for your to engage on specially on long term.Talking about lucrative then both could give that
but they do differ on the risk that you would be needing up.

If you are a type of person who doesnt like to risk up that more then gambling isnt for you.Go for things that could run for long term which is on trading.

It might not be attainable for a short period of time but it is really worth once you do able to take some grasp of it.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Ryker1 on April 03, 2021, 10:52:11 PM
[snip]
 I'd rather have to choose trading which I know myself that I can improve my skills and knowledge to make money without depending on luck.
Well, you have a point there --trading is less risky and I think also a lucrative one.
Because for me, gambling is based on luck that the chances of winning will perhaps very slim while trading there are chances that could be your skills and knowledge will improve. However, there's nothing different between them when we talk about risk but if we are talking about improvement skills and knowledge there is a possibility that it will be improved.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: CryptopreneurBrainboss on April 04, 2021, 02:16:58 AM
Gambling and trading are two different activities with both having different purpose in an individual life, in trading you are doing it with the sole aim of making profit's, while in gambling you gambling to have fun and at the same time make some money but the fun in playing the gambling games make it different from trading to me.

No doubt both mode of making money are very different but many don't seem to agree with that, they misunderstand speculators to traders that's why they feel trading is more of gambling than actually studing and utilizing your knowledge of the market to your advantage.

With trading we have more of skills, knowledge acquired (which is experience) and some little bit of luck factor been on your side to be able to  profit while gambling strictly had to do with luck.

You're basically guessing when you gamble but with trades you're making your prediction based on the raw data the market presenting to you.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Zilon on April 04, 2021, 04:32:11 AM
You just made a nice summary of the both. I rather trade than gamble although both involves proper risk management. But with proper analysis trading could be more profitable than gambling. Despite the technique adopted to predict a sports game or a casino there is every tendency that the games might be manipulated or even higher chances that the weaker opponents might end up getting more prepared than the stronger thereby making many loosing out of their prediction. For me trading is best because you might close a position if the market goes against your prediction with incurring a complete loss of fund. But to be successful in trading prior knowledge and well structured strategies has to be put in place for massive returns


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: isaac_clarke22 on April 04, 2021, 06:49:35 AM
Hello Armani123.
I agree to what you had chosen between the two.
In sports gambling, you either get the double or lose it all mostly.
In day trading, at least from my experience, I still managed to get what I thrown maybe got losses but still I still manage to recover my funds.

There are bad habits in gambling that I just do not want to apply.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: geegaw on April 04, 2021, 11:12:59 AM
[snip]
 I'd rather have to choose trading which I know myself that I can improve my skills and knowledge to make money without depending on luck.
Well, you have a point there --trading is less risky and I think also a lucrative one.
Because for me, gambling is based on luck that the chances of winning will perhaps very slim while trading there are chances that could be your skills and knowledge will improve. However, there's nothing different between them when we talk about risk but if we are talking about improvement skills and knowledge there is a possibility that it will be improved.
Disagree when talking about risks because the risk in gambling is that you will not receive a refund when you lose while trading will refund some of the money you invested, especially you can control the process very closely, frankly you will decide how much you can lose, so if you say the risk of making no distinction is a big mistake. A system that invented methods for withdrawing money from people, a system created based on knowledge and thinking to make money, maybe even partial capital withdrawal after failure, it is clear that we were able to come up with the best choice without further thinking


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Findingnemo on April 04, 2021, 02:41:58 PM
Interesting question though but answer can be both or anything depends on what kind of user we are. I am actually lay dice when I am bored so I can feel the fun and excitement of winning something but when I am in gambling mode and wanted to test my skill and luck on the same time then day trading will be my priority because if we lose or win on gambling we may not take the blame completely on our shoulders but if we lose or win on day trading we are totally responsible even though we got some luck so it is like kind of achieving something.
I feel like slots are my thing, that's a lot more fun, I gamble both with real money when I have it (crypto of course) and if not I just play on my phone because there are apps that you play and it has fake money so it's still fun. I also do not like the person I turn into when I am investing, because at the end of the day I get scared, stressed, paranoid and many other things when I am trading and it really turns me into a depressed person all around even if I make money.

However the question is not which one is better, the question is which one is really something that would be profitable for you, because you can have fun with slots all you want and you can be depressed about trading all you want but in the end if you make profit with trading and you lose money with gambling, that means there is one clear choice and that's trading which is why even though I dislike it, I still do it.
Trading is kind of depressed when you do it all the day, why trading is supposed to be like that? You can take a break and just avoid watching the price charts all the time. Slots can make a person depressed too if they win and lose and win then again lose but finally they return to home with nothing.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Fredomago on April 04, 2021, 02:46:35 PM
Hello Armani123.
I agree to what you had chosen between the two.
In sports gambling, you either get the double or lose it all mostly.
In day trading, at least from my experience, I still managed to get what I thrown maybe got losses but still I still manage to recover my funds.

There are bad habits in gambling that I just do not want to apply.

With good control and patience you'll able to recover your fund or if you are lucky you can compensate by waiting for your assets to bounce back and bring the good run.

While in gambling after placing your bet and if happened that the bet lose, there's no way for you to recover unless you'll try to put more money and risk another sets of amount to try some luck to come after you.

Adding more risk with the same amount of chance between losing and winning.
Tough but that's reality inside gambling, you choose the right one there.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: justdimin on April 06, 2021, 07:41:26 PM
With all the information stated above, in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.
Well, IMO it all depends on what you as an individual likes. I am the type of person that doesn’t like gambling, and I have always stayed clear from it so if you ask me that kind of question I am definitely going to tell you that trading is the better option. But, that doesn’t mean that there are not people who are making money through gambling, some people are doing that.

I am seeing people who are investing money that’s worth thousands of dollars in gambling, and most of them around my side are into sports betting, that’s the trend for them this side. Some of them will place bets with these huge amounts of money and still lose them all. This is really crazy. Well, that can also be the same situation when it comes to trading but that one can be controlled by using stop loss.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: wiss19 on April 07, 2021, 02:56:01 PM
Trading is kind of depressed when you do it all the day, why trading is supposed to be like that? You can take a break and just avoid watching the price charts all the time. Slots can make a person depressed too if they win and lose and win then again lose but finally they return to home with nothing.
Into anything you are involving for long time, definitely you will get depressed at some point of time; there could be no exception like gambling/trading etc. But, people love to do something for long-term when it remains profitable but unfortunately both trading and gambling may not remain profitable if you are over engaging with that. This must be the another reason why I am seeing both online gambling and day-trading are very much similar to each other.

To end your day profitable, you must gamble or trade only for limited period of time. But, you can prepare yourself in all other times but the actual part of trading or gambling should be only in limited period of time. This is how we can manage trading/gambling profitable regardless of it will be turning lucrative over the time.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: posi on April 07, 2021, 03:55:10 PM
Trading is kind of depressed when you do it all the day, why trading is supposed to be like that? You can take a break and just avoid watching the price charts all the time. Slots can make a person depressed too if they win and lose and win then again lose but finally they return to home with nothing.
Into anything you are involving for long time, definitely you will get depressed at some point of time; there could be no exception like gambling/trading etc. But, people love to do something for long-term when it remains profitable but unfortunately both trading and gambling may not remain profitable if you are over engaging with that. This must be the another reason why I am seeing both online gambling and day-trading are very much similar to each other.
I supported what you said because even drink of water or eating food can also be depressed at some point if no limit is added and no gambler or crypto trader will continue to make lost and won't think about it. My believe is that is life teaching us a lesson that whatever we do simultaneously without limit can affect our daily life and that's why some company in the UK are trying to help people who trade cryptocurrency 24/7.



Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Findingnemo on April 07, 2021, 04:44:05 PM
With all the information stated above, in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.
Well, IMO it all depends on what you as an individual likes. I am the type of person that doesn’t like gambling, and I have always stayed clear from it so if you ask me that kind of question I am definitely going to tell you that trading is the better option. But, that doesn’t mean that there are not people who are making money through gambling, some people are doing that.

I am seeing people who are investing money that’s worth thousands of dollars in gambling, and most of them around my side are into sports betting, that’s the trend for them this side. Some of them will place bets with these huge amounts of money and still lose them all. This is really crazy. Well, that can also be the same situation when it comes to trading but that one can be controlled by using stop loss.
Trading should not be overdone but its 24/7 market, so who knows the time may comes at any time for a day trader and when someone is so desperate about making money with their day trading is at high risk of getting depressed. Even the people who loves to trade needs to take break and spend time with their family and friends then just allocating separate time will lessen the risk.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Imran232 on April 07, 2021, 06:37:46 PM
If you ask my opinion then i would like to go for trading. There is a simple reason what is trading is game of skill and online gambling is a game of luck. Now what will you choose?  What do you think which is more risky yes gambling is more risky. No doubt online gambling is very easy to use to make huge profit and also 99%, loss. But for trading it all depends on your skill. If you can developed your skill then you will be profited. And also you will be developed day by day after trading. But in gambling you can't soo always i would like to use trading and try to avoid gambling. Thank you


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: tvplus006 on April 07, 2021, 06:51:26 PM
If you ask my opinion then i would like to go for trading. There is a simple reason what is trading is game of skill and online gambling is a game of luck. Now what will you choose?  What do you think which is more risky yes gambling is more risky. No doubt online gambling is very easy to use to make huge profit and also 99%, loss. But for trading it all depends on your skill. If you can developed your skill then you will be profited. And also you will be developed day by day after trading. But in gambling you can't soo always i would like to use trading and try to avoid gambling. Thank you

It depends on everyone how they perceive gambling and trading. If you treat trading as gambling, then you can only hope for luck, trying to predict in which direction the market will move. And in this case, you will have a chance to get a 50x50 profit. But using technical analysis, we can greatly increase our chances in trading, which is impossible in gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Darkelf11 on April 07, 2021, 07:22:58 PM
Among the choices, I guess it's on both sides in trading and gambling you only have one choice which is won or lose that's the only option but in different ways like in gambling, you choose what time you would think going to win it's like you are letting your money to the hands of other people. In trading, you manage your money and it depends on your knowledge in trading how you will learn.

In my perspective, I choose both not all the time there's a game for gambling or luck and not all the time the market is volatile so choose where you can earn.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Lanatsa on April 07, 2021, 07:49:19 PM
If you ask my opinion then i would like to go for trading. There is a simple reason what is trading is game of skill and online gambling is a game of luck. Now what will you choose?  What do you think which is more risky yes gambling is more risky. No doubt online gambling is very easy to use to make huge profit and also 99%, loss. But for trading it all depends on your skill. If you can developed your skill then you will be profited. And also you will be developed day by day after trading. But in gambling you can't soo always i would like to use trading and try to avoid gambling. Thank you

It depends on everyone how they perceive gambling and trading. If you treat trading as gambling, then you can only hope for luck, trying to predict in which direction the market will move. And in this case, you will have a chance to get a 50x50 profit. But using technical analysis, we can greatly increase our chances in trading, which is impossible in gambling.
Gambling games can be also classified into two which there are pure luck-based and strategic based which it would really
be a bit different but overall gambling isn't something right for you to rely on when you do aim for long term profits.

Trading could really be the only one could fit out those long term profitability or sustainability if you do make it right.Somehow, getting into this situation
or status would really be simple as it sounds.

Lucrative or worth? Trading would be the choice but for entertainment and leisure then gambling would serve its purpose.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Issa56 on April 07, 2021, 08:17:33 PM
Gambling is completely different from trading you can't definetly compare the two with each other. I don't really know much about gambling but I believe daily trading is kind of better than gambling. Gambling is betting you can definitely loss all your funds easily but as a day trader you can lose your fund but I don't think you can lose your money completely as far as you did not buy a shit coin or you are not trading pump and dump coin. There are lot's of reasons why I believe trading is better than gambling and am personal a trader so I really believe in what I do.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: cryptolord2077 on April 07, 2021, 09:58:46 PM
Which of these is more profitable will depend only on your skills and abilities. In general, if we draw a direct and clear parallel, then trading differs from gambling in that in gambling you often play against the casino, almost always, and the casino is designed in such a way that you always have a negative mathematical expectation. While there is no such dependence in trading. Both of these activities are working with probabilities, which means that in trading, in my opinion, there are more chances, because there are no things that intend to worsen your chances.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: bitgolden on April 08, 2021, 07:48:04 AM
Into anything you are involving for long time, definitely you will get depressed at some point of time; there could be no exception like gambling/trading etc. But, people love to do something for long-term when it remains profitable but unfortunately both trading and gambling may not remain profitable if you are over engaging with that. This must be the another reason why I am seeing both online gambling and day-trading are very much similar to each other.

To end your day profitable, you must gamble or trade only for limited period of time. But, you can prepare yourself in all other times but the actual part of trading or gambling should be only in limited period of time. This is how we can manage trading/gambling profitable regardless of it will be turning lucrative over the time.
If we are going to talk about "lucrative" I have to say gambling. Because in gambling you can bet on 9999x chance to win and you can win it, unlikely but you could still do it, in trading it is nearly impossible and in fact I do not know anyone ever that made 9999x return on investment, that may have happened before in history but we know how unlikely it is whereas at least one person in the world somewhere wins a 9999x bet somewhere. Which is why the "lucrative" side is definitely gambling for sure.

However we also have to be honest and say that gambling is a one side deal, it is skewed towards casinos and that is why it could be the most lucrative thing you do, or %99 of the time you will just lose all your money, that is more likely outcome, in trading even if you lose %50 of your money you still have some, you can't really go to zero with it.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Kong Hey Pakboy on April 08, 2021, 08:20:54 AM
it depends on individual and for me I am more into day trading than Gambling. I do bet most time on weekend (Saturday) this is because that is the only time that there will be much sports fixtures to bet on but day trading is what I like doing most of the time. I check coin regularly and place order to make few bucks. It is risky but much better than gambling
Exactly it depends on personal preference, I too would lean more on daytrading rather than gambling because in gambling once you lose, the money goes away with it too while in trading, you can hodl for awhile if the price is at loss currently.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: acener on April 08, 2021, 12:39:07 PM
It depends on your skill which one do you prefer or which one you could play right.
There are people who are more skilled in gambling compared to trading while other prefer trading because they have the skill and knowledge for it.
You just need to know which one you could do better and stick to it.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Kasabus on April 08, 2021, 11:51:31 PM
It depends on your skill which one do you prefer or which one you could play right.
There are people who are more skilled in gambling compared to trading while other prefer trading because they have the skill and knowledge for it.
You just need to know which one you could do better and stick to it.
yeah, it really matters to us where we are confident of doing it and where we are more knowledgeable. Both of them can be considered lucrative but also depending on how we do it.

LUCK and Skills for Gambling
Knowledge and skills for Trading

probably, I have to choose to trade as I was more engaged with it than in gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: elisabetheva on April 09, 2021, 01:23:41 AM
It depends on your skill which one do you prefer or which one you could play right.
There are people who are more skilled in gambling compared to trading while other prefer trading because they have the skill and knowledge for it.
You just need to know which one you could do better and stick to it.
maybe I agree with our colleague above, that the skill in us who can know clearly is ourselves. because those who will do it can be sure to do it themselves even though they may be assisted by other people.
So give them a try yourself before taking any further steps.

Crypto trading is also currently good if you are really interested and want to try it or maybe invest in something else. all return to ourselves to be able to determine because everything will be done well if we understand.

I do not recommend gambling because I have never seen anyone who is rich because of gambling, but can have a lot of money from crypto trading there are still many who experience it and I have also experienced that. especially now that daily crypto trading is very attractive because the crypto movement is very passionate.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: cyriljundos on April 11, 2021, 05:56:31 AM
Day trading is much better online gambling, in trading you analyze which token will be rising,you perform short trades and long trades which is holding. Online gambling using bitcoin is much risky if you are lucky then you should gain lot of money but its much risky than trading. Better trading than online gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Gaaara on April 11, 2021, 08:13:52 AM
A time frame is essential in discussing which is more lucrative. If it will be based daily you can earn more into gambling since its more about luck and less of a chances where in trading you manipulate that chances for your favor, you can earn as much as possible in gambling instantly as long as you're not scared of losing. The conclusion is gambling gives more profit but has higher risk while day trading gives you more chances of earning and less risk.

You can always wait for the bullish trend and withdraw for profit. There is always a chance for some crypto currencies to go bankrupt but one is less likely to encounter such downfall with a bit of research.

This makes day trading for me more lucrative, it doesn't necessarily give you more profit rather it gives you different paths to manipulate your capital while in gambling you only have 2 end roads which is either profit or loss.



Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Sinjokubhi on April 12, 2021, 05:34:43 PM
This choice is both individual comfort and convenience. There are three characters, first people who like to gamble but do not like crypto trading, on the other hand there are those who like to trade crypto but don't like to gamble, and the third like both.
well here in general, people will say that gambling is much more profitable because it only takes once or twice a slot can have a large nominal multiple, but we can't say which is better, because everyone has their own preferences. Likewise, they feel much more secure and their financials will not decrease, in other words, trading crypto is relatively low loss. So there are similarities and differences between gambling and trading crypto. all have their own advantages and disadvantages. and I personally like both of them, even though I'm not too good at gambling, I always try new things at the risk that I agreed at the beginning.

Agree, someone's view is different. Between gambling or day trading it can't be said which one is more profitable, but everyone must have a different opinion about the two options. As he said, some like one of them and some like both. In my opinion, both options are mutually beneficial. But I prefer day trading to gambling, I tried it and made a profit, but, somehow, in this way there is a mismatch for me, it's hard to explain. But indeed, that feeling could not be deceived, as if there was a sense of discomfort in my mind when making profits through gambling.

Coming back to our own preferences or favorites, both methods are mutually beneficial if executed correctly. Discussing about the advantages, namely the advantages and in every way must have drawbacks too. Both methods have their respective advantages and disadvantages, both gambling and day trading. Choose according to your convenience, sometimes we also need to try both, just to know and feel how gambling is? what about day trading ?. From there you can distinguish which of the two is better for yourself. Good luck !


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Fredomago on April 12, 2021, 05:48:00 PM
Lesser risk in trading if you know what you are doing, if you completely understand the market, else, it just like gambling where you are just leaning with your luck and if that's not favor your way, it will turns out losing your investment.

A time frame is essential in discussing which is more lucrative. If it will be based daily you can earn more into gambling since its more about luck and less of a chances where in trading you manipulate that chances for your favor, you can earn as much as possible in gambling instantly as long as you're not scared of losing. The conclusion is gambling gives more profit but has higher risk while day trading gives you more chances of earning and less risk.

You can always wait for the bullish trend and withdraw for profit. There is always a chance for some crypto currencies to go bankrupt but one is less likely to encounter such downfall with a bit of research.
Quote
This makes day trading for me more lucrative, it doesn't necessarily give you more profit rather it gives you different paths to manipulate your capital while in gambling you only have 2 end roads which is either profit or loss.

It's gives you more opportunities in terms of extending or adding more chances of earnings, unlike with gambling after placing a bet
you only need to wait what outcome will how up.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Hamphser on April 12, 2021, 05:59:19 PM
Day trading is much better online gambling, in trading you analyze which token will be rising,you perform short trades and long trades which is holding. Online gambling using bitcoin is much risky if you are lucky then you should gain lot of money but its much risky than trading. Better trading than online gambling.
When it comes to risk then nothing beats out with gambling and we know that trading could really be able to handle out if you do really know on what youre doing.

Hence, trading is something that can really be dealt in long term and this is some sort of occupation or thing that you can rely upon if you do able to sustain and gambling
is just for entertainment.You can actually tell the difference.

Both could be lucrative.It is just a choice wether you do go for something a real money making or with just enjoyment or leisure thing.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: maria1110 on April 13, 2021, 02:18:31 AM
The higher the risk is, the higher potential of having profit there is. Gambling is most likely based on luck while day trading you can apply skills and knowledge if you have


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: ivankoh on April 13, 2021, 05:47:14 AM
This comparison is very lame.  The benefits generated from gambling is not the metric to compare with day trading.  Even so, the gambling profits will be very high if you have your Patronus with you.  Intraday trading has the same standards of calculation and thinking, along with careful analysis.  It doesn't rely much on luck.  There is no absolute concept between gambling and commerce.  it has nothing in common.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: proTECH77 on April 13, 2021, 06:58:23 AM
Day trading cryptos is more lucrative than online gambling because if you carry out your personal research very well,  it will hard you to lose from that trade you are trading in the market. During the pandemic many traders made a lot of profit from their day trade when the price of bitcoin hit $50k compare to gambling that you play with luck and the end of it you are not happy with the results you got from your gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Shasha80 on April 13, 2021, 07:23:19 AM
If someone says online gambling is more lucrative than day trading, it means that the person is really addicted to gambling, because I believe
there are many people who know gambling cannot be used as a source of income. I am very happy with the market conditions since the beginning of
this year it continues to be bullrun, so it makes it easier for me to get profit from day trading. Whereas online gambling I only think of it as
entertainment, to relieve stress from the workload.



Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: darewaller on April 13, 2021, 04:38:51 PM
This comparison is very lame.  The benefits generated from gambling is not the metric to compare with day trading.  Even so, the gambling profits will be very high if you have your Patronus with you.  Intraday trading has the same standards of calculation and thinking, along with careful analysis.  It doesn't rely much on luck.  There is no absolute concept between gambling and commerce.  it has nothing in common.
Yeah, I too think trading is more lucrative than gambling. Imagine someone who is poor and gambling, do you think they will be able to get out of poverty through that gambling? Nah, that doesn’t seem like it’s possible, because they will be losing and also wasting the little money they have in that gambling, and when they make wins it’s usually going to be just some little change, while they continue waiting for when luck will shine on them, and of course it does shine on a few people sometimes, maybe like 10% out of 100%.

As for trading, yes it is also difficult, but there are people who are very good at trading that they turn it into their day job and they are making a living through it, but you can’t be make a living through gambling, like turning it into your day job and going to the extent of quitting your job, gambling is something you mostly do for fun.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Ewox on April 13, 2021, 05:17:30 PM
For me it’s day trading, especially if you’re really good at it. It’s easy to make profit when you day trade and you know the coins you want to trade them on. Unlike gambling, let’s say you gamble daily and chances of getting profits out of the amount of money you gamble are low; there is a great chance for you to lose all the money you gambled in online casinos whereas in day trading. If you just trade it with the right cryptocurrencies for sure the money you invested won’t be zero compared to gambling.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: abel1337 on April 13, 2021, 05:54:11 PM
It's hard to distinguish between those two, It will all depend on the person on which of those two is he better at. We can all agree that trading has less risk than gambling though trading takes more time to earn profit compared to gambling. You can possibly gain a one-week trading profit on a single-day gambling session, That is how fast you can accumulate profit on gambling. It is just hard to know what is the most lucrative on both trading and gambling. There are many factors to consider like luck, the person who is doing trading/gambling, The amount of capital, current scenarios, and many more that can affect the activity of both gambling and trading.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Oilacris on April 13, 2021, 09:22:46 PM
It's hard to distinguish between those two, It will all depend on the person on which of those two is he better at. We can all agree that trading has less risk than gambling though trading takes more time to earn profit compared to gambling. You can possibly gain a one-week trading profit on a single-day gambling session, That is how fast you can accumulate profit on gambling. It is just hard to know what is the most lucrative on both trading and gambling. There are many factors to consider like luck, the person who is doing trading/gambling, The amount of capital, current scenarios, and many more that can affect the activity of both gambling and trading.
We can make our own jurisdiction on things and its eventually obvious on which one is better and what are the things which are intendedly or just in sole purpose on why its existing.

Being lucrative does talk about simply on being profitable and both could really give that thing but the odds on what they would mainly differ.Trading can possibly give out on long term runs but
the intensity isnt that much the same on gambling which can give instant.

These things does have its own sole purpose of existence.One is for pleasure and one is for money making or profits.



Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: cryptolord2077 on April 13, 2021, 10:21:01 PM
This comparison is very lame.  The benefits generated from gambling is not the metric to compare with day trading.  Even so, the gambling profits will be very high if you have your Patronus with you.  Intraday trading has the same standards of calculation and thinking, along with careful analysis.  It doesn't rely much on luck.  There is no absolute concept between gambling and commerce.  it has nothing in common.

On the whole, I agree with you that the comparison is not entirely correct. However, it is still possible to carry out a certain parallel. Namely, that during trading, our task is to predict the trend in one direction or another. At the same time, in gambling, our task is to predict a certain course of events (although this cannot be applied to all casino games). Therefore, there is still a connection. Gambling is simpler, but also much more risky, in trading you need to spend a lot of effort to make it profitable.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: LUCKMCFLY on April 16, 2021, 04:13:35 AM
This comparison is very lame.  The benefits generated from gambling is not the metric to compare with day trading.  Even so, the gambling profits will be very high if you have your Patronus with you.  Intraday trading has the same standards of calculation and thinking, along with careful analysis.  It doesn't rely much on luck.  There is no absolute concept between gambling and commerce.  it has nothing in common.

On the whole, I agree with you that the comparison is not entirely correct. However, it is still possible to carry out a certain parallel. Namely, that during trading, our task is to predict the trend in one direction or another. At the same time, in gambling, our task is to predict a certain course of events (although this cannot be applied to all casino games). Therefore, there is still a connection. Gambling is simpler, but also much more risky, in trading you need to spend a lot of effort to make it profitable.

In gambling everything is given to luck, if you are very lucky obviously you will have a gigantic profit, but if you are not on a streak the losses are also huge, in trading conditions change because theories are established that can occur, and so " random "and" luck "do not represent the highest percentage.

In the trade, some who enter gambling are lucky, but when their luck runs out they usually experience the greatest failure they can bear, what differentiates from gambling and trading is that trading you have more control and the chances of winning are much higher that gambling, each movement is the absolute responsibility of the trader's analysis and if he wins it is because he was correct, if he loses it is because he really did not know how to have the correct vision of the trade, that is where the difference between gambling and trading.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: kram31 on April 16, 2021, 05:52:14 AM
Both are lucrative, whatever you choose between the two of them you can earn or not it depends on your choice.
Now, when it comes to the percentage of risk of course gambling is much more higher than day trading. Due to in gambling
most of the players depend their profit to their luck or fortune while in day trading is not, because there is skills and technical
analysis involved based on my own perceptions as an individual traders here in crypto space.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: conected on April 16, 2021, 03:48:16 PM
Both are lucrative, whatever you choose between the two of them you can earn or not it depends on your choice.
Now, when it comes to the percentage of risk of course gambling is much more higher than day trading. Due to in gambling
most of the players depend their profit to their luck or fortune while in day trading is not, because there is skills and technical
analysis involved based on my own perceptions as an individual traders here in crypto space.
- Objective perspectives will allow us to feel that both are lucrative but real tests or even without our own experience, just looking at the results of others, we still know the risks in gambling are significantly high. It can even be said that gambling is not profitable, it only produces a high percentage of losses whereas for day trading, we will have a very relative failure and success rate and without too great a limp, even the odds will be improved due to improved management skills but this will not exist in gambling, the failure rate will always be maintained at a record number.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: fullhdpixel on April 17, 2021, 08:41:11 AM
in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.
The both things you have mentioned carries risk and you can lose your money while you’re doing any of these, although the way they work is totally different; I would say that casino and the rest of them are relying on luck while the trading is all about doing analysis and knowing what can be the outcome of the market next, but you can’t be 100% sure that that it is, but you will know that there is the possibility of that such thing happening.

So the both of them has risk, but I do hear more of bad stories when it comes to gambling, although I have also seen people who were very lucky and won huge money that changed their life, but I wouldn’t say it is lucrative. Just go for trading, but you can still be trying out your luck in casinos if you wish.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Maslate on April 17, 2021, 02:38:46 PM
I think that was obvious to see. And since I also engage into both of them, I could really say that trading is more profitable but of high risk.
Gambling needs luck in order for us to win and with some application to the gambling skills which is far different from trading where we don't need luck. Maybe sometimes we ask for it but not necessary.

The good thing about trading is that if you are good in TA's, deep knowledge in trading, and have good strategies, it for sure you will gain profit. Unlike if you are in gambling, cos even though you are an expert but we still rely on hope and luck especially for card games that mostly never comes to us.


Title: Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative?
Post by: Rehan Zakir on July 27, 2021, 08:40:39 AM
These are both online earning methods. Some peoples like gambling because they wanted to get rich with low effort but it is a highly risky game. But some peoples want to earn money with consistency and in a professional way those peoples choose this way. But trading is a secure and professional way of earning money through crypto market. Everyone has its own choice. But i like day trading for earning money through crypto market