I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.
I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky. Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time. lol it's not , here the simplest example you wager 1 bitcoin in trading in the worst scenario the price dropped 40% , means you only lost 0.4 bitcoin. and now when you wager 1 bitcoin on a game like blackjack the worst scenario you lost and it's the whole 1 bitcoin! that's clear enough for you to understand that trading and gambling has not an equal risk? i hope you get educated with this  . |
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The Time magazine compared him to Mr. Warren Buffet of Saudi. The same as Mr. Buffet he is not fond of bitcoin, Mr. Alwaleed is very rich person they have a different view about future investment, they are the old school type of investor. Mr. Alwaleed is a visionary investor, but he can't envision the corruption charges that are being served to him.
yeah considering bitcoin are a financial technology , and old mans don't care much about it as they think it's too complicated to understand. then no wonder both warren buffet and alwaleed make a hurt statement like that . big money won't make a big risk move , they would always looking for a secure investment , that's reasonable enough isn't it? |
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Any tricks available in gambling to won the bet?
To stick to a strategy is stupid enough for anybody who is "gambling" because strategies and plans don't really work out here. Take Martingale and other methods including reverse - martingale strategies which were the most profitable strategies unless house found a glitch in it that once you start losing your bankroll x times your current bankroll (where stagnancy knocks the door badly), you end up losing all your capital. What's your mistake? It's just that you followed something you were not aware of completely. No tricks could make you win in gambling but your luck and skills could make you get "something" out of it. No one can actually figure out any sort of trick to ensure his win in gambling. It is totally dependent upon the love of a person and no matter how hard earned money it was you would definitely lose it via gambling if the luck is not by your side on a particular day. In the past we have come across a lot many strategies scrolling through the Internet to confirm your win but they all are in vain. I think only sport betting is something that could be improved in terms of win and losses if someone has the experience about the matter. trick or strategy just something that you could always blamed as a reason whether it's for losing reason or winning. whenever you lost you would think that it's just the matter of the wrong strategy application. and on a winning you would talk up of that strategy , tell people that your winning it was because of your own strategy , that time you announce that it's the working strategy to get the profit. completely delusional! |
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There is nothing wrong with gambling especially if you only gamble with your own money to make profit or for entairtainment. Then it will be wrong if we get addicted on it and spending all our money and the worst case scenario would be asking for loans with your friends, relatives, or in the bank. This will only lead in the destruction of your life and ending up making your life miserable.
yeah people start to think that gambling are wrong due how destructive gambling it is , someone could get a loan and use it for the sake gamble then have a lot of debt , frustating that could drive them to suicide and many more . a lot of bad story involve when it comes to gambling in negative sides. it's wrong if you ask common people , but not when you do know what the real definition of gambling itself. |
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it's not too late to buy some bitcoin, because every person are buying more bitcoin's and they will wait until the price will go up, so when you buy some bitcoin go and hold and wait the day, don't sell too early just wait.
bitcoin increased $100-500 in a short time, no too late to buy bitcoin, you can take advantage of bitcoin just a short time for now because of the trend bitcoin on the rise. wait a few days ahead when the fork occur and the price bitcoin will more soar. never too late for the new investor/holder , but it's a risky move when it comes to trading with the current market situation , it's full of uncertainity. few weeks ago the price of bitcoin are around $5,500 to $6,000 only but by today it's around $7,000 , don't make yourself in big regret over and over again. do it now to take that risk or get nothing and have a lot of regret later. Yeah, don't think too long before you regret it in the end because of bitcoin price changes so fast and big. I also never thought the movement of bitcoin in 1 year almost 900% so buy now and wait for another surprise  the more people use bitcoin the more value would gained , do you guys aware about this? i think so but they are ignorant when it comes to making decision on a good investment plan like bitcoin. don't you doubt the power of bitcoin could change the world , crazy things happened year by year in bitcoin , don't missed the next one . bitcoin still has a lot of potential to grow , be ready for it. |
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Yes, in generally, Gambling and trading are the same but they just were differents in some features. Cause they're both investment can give back the good profit to the investors over time. And both of them need good stragedies to make the profit come true or losing everything is possible.
Indeed, they are quite the same in terms of gaining but they are different in some features like reputation and becoming rich. In you lose in trading it will not destroy your reputation in fact people will be proud of you because you try to earned in a decent way but if you lose in gambling your reputation will be ruin specially if you lost almost everything including your family because gambling is a vice. In talking of to become rich, i think no one become rich because of gambling but i know a lot of people who become rich because of trading in these people make me inspired to pursue on trading. some people confused about this , they have learn everything about how to become a pro trader but they are still struggle. everything just feel like the same when you gamble . and that moment just makes them angry and prefer to go for gambling instead wasting time to do a lot of things before start to trade. i won't blame them , trading sometimes sucks but of course not as sucks as gambling. |
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Yes you have only two choices its either you lose or you win. But if you lack skills and knowledge about that certain gambling you will lose a lot. So it is better for you to gamble if you the skills to win every game so that you can gain more profit.
To be honest, not much gamlers have more win than lose. Even with gamblers have more win than lose , their profit still was minus. Because the amount on bet of them are not the same. Usually big lose and small win. So the most important thing in gambling is win big and lose small. I agree. I don't see the reasoning behind many gamblers who still prefer to risk their hard earned money even when they're not getting good results. You're right that for most gamblers, the ratio of win/loss isn't even 50/50. Losing is more likely to happen to someone than winning Maybe they are the thpe of people who prefer to see the positive side in everything and not care at all with their current situation. It might not be the best position for people but it is surely that we all want to win. The 50/50 part is only for half chance, it depends on how hard or high risk your bet is. We all know that the percentage of losing is always higher than winning when it comes to gambling. It is good to be an optimistic person as emotions have a lot of impact on your mental health which could prove to be a helpful tool while gambling. You or not having any idea that why people always keep on gambling even if the loss is more obvious. According to me the only reason is either the greed for money or fun. people can't really understand the essential of gambling , it's more than just about winning and lost , profit or not. you could feel so entertained in gambling no matter you have bigger loss percentage than your winning. when you didn't take a look and count that and just keep going to play looking for a rare pleasure in certain games. |
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I think money is not the primary thing for a person to gamble. Some times the average people do gamble and they earn good amount over the normal income they feel happiness and excitement for those who have taken the benefit of gambling.
I know a lot of people who are rich and loves to gamble so I think gambling is not just about making profit but also for entertainment. Those rich people who gamble loves to waste their money and they don't care about how much money they can lose for as long as they are having fun. not much , only few who can consider and treat gambling as their way to entertain themselves. mostly would always keep follows their own emotion to get the money back whenever you lost , that's fine as human nature would always be there. money are sometimes feel like everything here , don't know for what exactly reason . |
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Gambling cannot turn into profitable activity if you don't own a casino,gambling site or gambling place. If you are just a regular gambler its not possible because Im sure all your winnings will be use to gamble even more there will be no profits left if that the case.
I agree, actually it's impossible to make gambling as a profitable activity, In fact it was very difficult to do. If you're lucky enough you might be able to minimize the defeat as small as possible. But gambling is still not for making money but just to enjoy our free time and get fun with our money. So spend always small amounts to get these fun and if you want to make money then invest in some other businesses. Right we can't make a stable income from gambling this is just for our time pass. here we only expect fun and entertainment apart from this if you expect money then surely you will lose your investment. You can't turn gambling into a profitable activity you want to earn money then stop gambling and try Trading or Investment. - Yeah, the purpose of gambling is to give players entertaining and relaxing, not to make money, people really make money is the owner of casinos, if we turn it into a profitable operation, I do not think any casinos will open - Because casinos will losses, they open casinos for business but they are not profitable, I believe they will not do that stupid thing, so really any casino, they are always cheating, we will not realize that, luck is not effective, casinos control all our activities. Casinos are just where to kill time, not where to make money, we should know that you shouldn't expect nothing but just an entertainment. but yeah always hard to make it consistent for you to have a purpose to gamble for the sake of entertainment , you would get hooked to keep playing for money and struggle how to make it profitable. it's no way gambling could be profitable based on my experience , have tried it a lot of times and failed. |
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Im playing bustabit with some altcoins, wich they offer free of the coin to gamble, i do remember had reached a nice ammount, but well looks like im not able to control myself, i were gamble and i let into one goal, next day i reached the other, and i tryed two more times, the funny thing is if i lost 100 i make the bet bigger soo i take less risk, but well its the seventh time i do reach some balance and end loosing all, i need to change my goal and focus into small steps instead try to jump all in.
you might start to gamble with the free money provided there but still i'm sure sooner or later you would think to gamble with your own funds , that's the part of marketing strategy on how to make people interested and addicted later on. at that point i can't see any chance for anyone to stop it easily. |
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whoelse would not be happy if you won in gambling, right? but personally aside from being happy there is always an excitement to play again and hoping that i will win again. that is why gambling is always an addiction because even if you are winning or losing the feeling of excitement is always there.
Not always. Some people are contented with what they've won and spend their time enjoying their winnings. I don't think about gambling again if i win. I immediately log out or leave the casino and enjoy. This is usually like the best thing to do before one ends up being tempted on retrying one's luck all over again and then losing all. Big winnings don’t usually come every time, so anytime you have it, it is just best to have plans for it and utilize it effectively so that you can keep having money coming for you from your investments and then you can keep gambling a little with what you have if you wish. This sounds more like a pretty cool way to utilize the cash anyway. gambling would always make you curious , no wonder once you win it you would feel so confident beside you feel so happy and might think that you have to do the same thing in the future , where actually in the long term gambling wouldn't make you profitable , instead keep getting a winning you could lost more than you can afford . it's thrilling but don't let gambling addiction control over yourself. |
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It's only a sin if you're harming yourself , your family or any body else in your environment due to your gambling activities . Religions have mixed up definitions of sins and prohibited deeds that are enlisted in their holly books . That does differ from a religion to another , but i'd prefer believing my own definition that a sin is something that we can apply the right or wrong rule on it and that it's level of danger could affect not only your present , but your future or somebody's else present and future .
Gambling being a sin depends on each person's perspective. However, like you have said, using your gambling activities to hurt others is a very big sin and as long as that can be curtailed and you know how to control yourself, then no shit! Yet I believe, for those who are extreme in gambling, I do not see how they do not end up hurting the people around them. If we are one with the intention of gambling only for fun then for sure we will not consider gambling as a sin, only those who are addicted and have ruin their lives will think gambling is a sin but they are wrong with that and they are just coward enough not to admit their mistakes, instead they blame it to gambling. If it's a sin then we are all sinners here, I don'a agree with that because gambling is just a form of entertainment to me. It depends on your religion in my opinion and if you don't follow your religion then it wouldn't be much of an effect because you don't fully do or practice your religion right? That's just my point of view. Just like you said, you should face the music by facing what is right in front of you. In the part where you said all sinners, we are, if you believe there is a sin. We're only human. what makes people feel so sorry and consider gambling as a sin are because of how the money making process in gambling feel like you are stealing other people money indirectly , 9 players lost out of 10 players and only 1 winner who get the prize . guess from where you get that prize? yeah from those people who suffering lost and in the end religion has a rule about that. pretty simple, would you like to obey it? go ahead , ignore it? be my guest. |
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When i win in gambling, i will save some of what i get and some that i will use for my life's needs.
I personally, when playing gambling is not much bet, because i think gambling is not a source of regular income, gambling is just a fortune.
A good aspect that everyone should remember " Gambling is not source of Income". Everyone know that gambling isn't a source of income but still we insist to do so just because we experienced winning and earning money due to your beginners luck but after that luck goes out that's the time we loses and still trying to win even though we're on the losing side already and not knowing that we're addicted already so better we keep our gambling steady in such a way that we know what we came for and end when we get that or if isn't there anymore. I quite agree with your stance, I am yet to see anyone be able to use gambling a source of steady income throughout their lives. It's never possible at all. But with gambling there comes a time that when you have won enough money, it's better to call it quits and spend the money you have been able to accrue. when you have realized and considered gambling as something that not really a proper place for you to make money steady for your daily needs then i think you can't expect a winning at all whenever you do gamble. just take the feeling so entertained as your rewards , not the value behind your winning. you might bought something after the winning but in the next days you would regret to do so. |
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It's just one side of the story. Some people actually quit gambling for the rest of their life after they learnt a lesson by loosing all of their savings.
yeah but still it's required a lot of times for anyone to fully forgot everything about gambling , and sometimes during the proccess it's crossed on your mind to comeback to gamble. that's what people call as an addiction , the cure are so rare work successfully . only those people who have a lot of patience and strong will could make it happened. there's no ends when you didn't improve your attitude on how to deal with gambling full of responsibility. |
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Right now im into betting at online gaming specially dota 2 its fairly easy to win when im betting at a certain team.
Been into dota 2 for a year now and mostly i win but still i lose some.
If your ratio of winning is more than losing then you are actually playing very well. Because mostly the case is otherwise where majority of them lose and some of the games only people win it. Play safe and do not invest in more money than you can afford to lose it. i just believe that when you decide to gamble then everything are pure random there , your desire to keep getting a winning more and more without have an ending makes no matter how good you are on certain games would remain -EV , you would lost more than your winning sooner or later , that's the real fact of gambling in the long run. |
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I could not agree more with you mate. Gambling can just be one of the many places we can spend some of our money to be entertain and have fun and not necessarily make gambling as our main source of income.
Only a very few people are gambling just to be entertained and have some fun with their money. When you say that it is not necessary to make gambling as major source of income, you have to think about it again. There are so many gamblers struggling with this argument, they are supporting themselves for being a full time gambler because it is their own source of income as they are earning good with it. A lot of people aim to become gambling as a source of income but unfortunately majority of them failed, that is because they don't have the skills or they don't play the right game where they can use their skills. There are two types of gambling which are the skilled based and luck based games, if you want a long term success you should focus on skilled based games but you need to develop yourself to improve because knowing the game alone does not guarantee a win. Those gamblers that are aiming and looking at the opposite side of gambling not with it's entertainment that it can give but with the source of income will actually fall into failure. My experience in gambling isn't that extreme like others who are experts in gambling but I can say that it's worth it to learn the lesson. If someone wants to be in a way of earning more money better to go with trading. Risk in gambling is more but most of the time it is used as a fun and not as a source of earning and mostly people try their luck in that, while as far as trading is concerned there are risk involved in this as well and you have to do an extensive research before do trading. i can't see there's a lot of people who fully gamble for the sake of fun these days, really rare to find it. as we all can see that mostly they are addicted later on. those people who treat gambling for their entertainment needs wouldn't hooked to gamble again and again like a mad. that's what makes trading and gambling different. besides how trading much more profitable . |
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The higher the bitcoin value, the more interested people. Everyone wants to make the profit and they think bitcoin is easy money. On the one hand this is good because bitcoin is spreading all around the world among different population and because of that it's geting also more accepted. But not everyone will stay with bitcon, some will get disappointed and with time they will give up. More users make bitcoin stronger.
not always and not guarantee anything even bitcoin has a high value people would get interested , some people even feel fear when the price are feel like bubble wild and uncontrolled like what happened in the last 48 hours , it's crazy for some people and instead make them even more interested they are ignore bitcoin. i would say it's normal , but once they know more about how bitcoin actually work . |
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I think my biggest fear is that there is always the possibility that somebody may steal my BTC no matter how much taking care of security.Hackers have new methods each day and we must always be a step ahead of them.
There is also fear that that something very bad will happen and that price fall very low,but that's always a risk with BTC.One day you wake up and see price of 7000$,next day it may be 10000$ or 1000$.I think the greatest danger comes from the governments,they will try in every possible way to control BTC,and I think they have mechanisms to create great problems for us if they wish.
mostly indeed people would fear their investment went wrong into a huge loss instead get a lot of profit , buy 1 bitcoin at $7,200 sell it at $6,900 , buy again at $7,000 sell it at $6,500 and so on until your whole bankroll gone. but don't worry when that moment happened , you just need to be more patient . keep in mind you should put the money in bitcoin that you can really afford it considering bitcoin have a high risk. |
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it's not too late to buy some bitcoin, because every person are buying more bitcoin's and they will wait until the price will go up, so when you buy some bitcoin go and hold and wait the day, don't sell too early just wait.
bitcoin increased $100-500 in a short time, no too late to buy bitcoin, you can take advantage of bitcoin just a short time for now because of the trend bitcoin on the rise. wait a few days ahead when the fork occur and the price bitcoin will more soar. never too late for the new investor/holder , but it's a risky move when it comes to trading with the current market situation , it's full of uncertainity. few weeks ago the price of bitcoin are around $5,500 to $6,000 only but by today it's around $7,000 , don't make yourself in big regret over and over again. do it now to take that risk or get nothing and have a lot of regret later. |
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I would just hold, home bitcoin mining, only works if you have free electricity. And your mining hardware will most likely be outdated in a year or faster.
Use a little fractions of a bitcoin to trade, there’s a big momentum in all the lending ponzi coins right now, just get out fast.
Yes there is no doubt that bit coin mining is a profitable job but there is a major concern of the electricity so it is well and good but for those countries where the charges or the cost of electricity is low otherwise he will get not valuable profit from it, so investment and trading are good options for getting much more profit in a short span of time. The current electricity cost is nothing if you see the price of bitcoin has now reached $7000+. Even better if you can make your own nature friendly electricity source that could supply you without the need of paying the fee. So by concluding above, mining is still profitable and will cover the electricity cost by the high price of btc. thats why now the hash power increasing very much. yeah but still the bitcoin difficulty increases time after time, and it makes things just remain same when the price of bitcoin at the low one. unless if you do mining with high hashing power which it cost a lot of money , just prepare your capital and you might could expect that your miner would become a profitable miner. |
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