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Author Topic: Crypto trading or gambling  (Read 5577 times)
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July 12, 2016, 08:43:54 PM
 #41

Trading can certainly make you a lot of profit. There are even studies for it. It is what business men do. So trading takes some skill and a bit of luck and always follow your gut because its normally right. However trading is never easy and you can lose alot. But with proper training and studies you can make the wins more than the loses.
Also what you need is to think ahead of time like months or even years, so you will need patience.

 
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July 12, 2016, 10:35:31 PM
 #42

When it come to selecting one out of trading or gambling I will always go for trading anytime and anyday . Though, you need to be smart when trading and concern what my fellow said you need to get some information about the coin you want put your money and that's why coindesk etc are there to help out. 

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July 12, 2016, 10:42:59 PM
 #43

Trading can certainly make you a lot of profit. There are even studies for it. It is what business men do. So trading takes some skill and a bit of luck and always follow your gut because its normally right. However trading is never easy and you can lose alot. But with proper training and studies you can make the wins more than the loses.
Also what you need is to think ahead of time like months or even years, so you will need patience.

It is quite true that you really need some skills to get good profit so without any skills you might not have a chance to get some coin. Trading would be not like buy low and sell big, there is a lot of thing to learn too but you need some time to earn because it is slow profit unless you have huge bankroll to start with compare to gambling which is really fast to earn but risky thing to do
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July 12, 2016, 11:01:52 PM
 #44

It depends on which you are more comfortable with. One of the biggest differences is that if you want to make good money trading, you need to have lots of capital. Especially if you are long term trading like BTC HODLing. For gambling its difference, since the stakes are much higher you don't need to have as much capital but its considered more risky.
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July 12, 2016, 11:05:23 PM
 #45

If you are asking which is more profitable gambling or trading, I think it's fair to say that you have a better chance of making a profit with trading. There's no guarantee either way, but trading if done in a smart way is not high risk in my opinion. Gambling is almost always high risk, but of course you can get extremely lucky with gambling.

 
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July 13, 2016, 12:02:44 AM
 #46

It depends on which you are more comfortable with. One of the biggest differences is that if you want to make good money trading, you need to have lots of capital. Especially if you are long term trading like BTC HODLing. For gambling its difference, since the stakes are much higher you don't need to have as much capital but its considered more risky.
Let's be honest here. You won't get rich if you gamble with 0.01 BTC either - of course it is possible and one in 10 million gamblers did it, but still...
If you want to profit and make money you have to start with solid bankroll. Or you can always place multibets @150 or more odds and expect a small miracle.
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July 13, 2016, 11:47:39 AM
 #47

I would think that Crypto trading would be more profitable over gambling because in Crypto trading you are only "gambling" against yourself.  There is no casino or house edge that you are trying to be.  In gambling the house edge is always against you, but in Crypto trading it all depends on your knowledge of the markets and your predictions of what they will do.  You could loose a lot of money both ways, but I think Crypto trading is better than gambling.

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July 13, 2016, 12:05:31 PM
 #48

On my side i choose gambling i dont have any trading skills
till now get no profit when i trading but gambling is full of risk, but still choose on gambling Cheesy
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July 13, 2016, 12:49:08 PM
 #49

On my side i choose gambling i dont have any trading skills
till now get no profit when i trading but gambling is full of risk, but still choose on gambling Cheesy

If you don't have trading skills then just buy small amounts whenever you feel prices are reasonable and sell when you make some profits. When you buy small quantities then you will try to monitor markets regularly and slowly you will get some knowledge on these trading. But in gambling, most of the time you will end up in losing everything so just gamble for fun instead making money from it.
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July 13, 2016, 12:59:33 PM
 #50

On my side i choose gambling i dont have any trading skills
till now get no profit when i trading but gambling is full of risk, but still choose on gambling Cheesy

If you don't have trading skills then just buy small amounts whenever you feel prices are reasonable and sell when you make some profits. When you buy small quantities then you will try to monitor markets regularly and slowly you will get some knowledge on these trading. But in gambling, most of the time you will end up in losing everything so just gamble for fun instead making money from it.

Thats very dangerous thoughs if people just buy because is low is like suicide its because their so many coins their is at cheap price and some of them are being dumped nor dead coins, so of you advise them to select those cheap coins well the chances for them to lose money is higher since they dont do monitoring and buying lazy enough without even thinking that they  can lose money with that wrong decision.

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July 13, 2016, 01:42:12 PM
 #51

Many times asked question, and after a year in alt trading and gambling, I can say for trading you need to be well informed, for gambling you don`t need much information. Both of them require similar skills, but in order to be trader or gambler first you need to like them I believe. To have fun when you spent time and energy from day to day.
Its individual decision, cause every person have different taste, different skills, different knowledge. People should try both things and decide which one suits them more. Good luck to all future traders and gamblers.
Gambling doesn't require any skill but I do agree that you need to love it to win as most of the users who bet on sports have a love for the game and hence they know or have great knowledge about the players and their capability which makes them win the bets.

Trading depends on the currency and if it affects you, it affects all those who invest in the currency. There is a short-term and long-term option in trading which is not there for gamblers.
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July 13, 2016, 02:25:02 PM
 #52

What much profitable (less unprofitable). With same bankroll, crypto trading (ICO and other) or gambling?
I think crypto trading, but i'm never did it regular, only hold some btc. Start not so long ago and  buy augur on presale and not much other coins. And here now it seems to me, that the odds better than odds on bets or poker


i think trading is for sure a lot more profitable than any kind of gambling because it is less risky. besides you can actually earn a lot of profit when you are trading altcoins instead of bitcoin because their changes are very big .

but ICO is more like investment not really trading, because you put your money on a coin that is not yet releases so it is kind of more risky than anything else because the project can fail and you have to find the only good ones.

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July 13, 2016, 03:36:31 PM
 #53

Obviously i choose crypto trading because there is very low risk in trading while on the other hand, gambling is very risky and winning chance is almost 25%-30% so definitely i will go with the trading instead of taking risk in gambling.
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July 13, 2016, 08:32:14 PM
 #54

As my experience Crypto trading are less profitable but its less risk free than gambling.you got more profitable in gambling but there have big chance to lose your whole investment.So I suggest do Crypto trading at least you will not lose your whole investment.well before invest on Crypto trading you need to learn about market trend,people sentiment etc then you will be a good trader.thanks
Trading for over 6 months is more profitable as I had 2.5 bitcoins worth $700 earlier and with the price rise, I earned almost $700 profit and even more. In gambling, it's possible to double or triple the amount but you need to risk either more money or reduce the possibility of winning a bet like in dice (betting on as low as 0.01).
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July 14, 2016, 06:08:37 AM
 #55

What much profitable (less unprofitable). With same bankroll, crypto trading (ICO and other) or gambling?
I think crypto trading, but i'm never did it regular, only hold some btc. Start not so long ago and  buy augur on presale and not much other coins. And here now it seems to me, that the odds better than odds on bets or poker
If you wait for over 1-2 years, I can say crypto trading can earn you 4-5 times more than gambling with even your investment being as low as 0.01-0.1. With gambling, the higher amount you risk and te more knowedlegable you are about cricket games, football and so on, the more you can earn. It's the time factor that matters here.
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July 14, 2016, 07:16:50 AM
 #56

Both can be profitable, and on both money can be lost in seconds. I like to gamble and to trade, and if you ask me both are good for making profit. They have similarities, more money you invest, more money you can earn. In gambling we have different odds for different games, with trading is important to choose right coin and to buy when price is down and wait to go up.
People should be careful with both, and to not invest to much if they don`t have money. All in is never a good option, gambling and trading require patience. If you don`t have it, you will have less profit when you earn, and you will lose more then you can won.



.
.BIG WINNER!.
[15.00000000 BTC]


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August 01, 2016, 03:32:31 AM
 #57

What much profitable (less unprofitable). With same bankroll, crypto trading (ICO and other) or gambling?
I think crypto trading, but i'm never did it regular, only hold some btc. Start not so long ago and  buy augur on presale and not much other coins. And here now it seems to me, that the odds better than odds on bets or poker


i prefer crypto trading rather than gambling. i only gamble when i have lost my mod in crypto trading but its just sometime not in everyday. i play slots in gamble



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August 01, 2016, 03:40:11 AM
 #58

I choose all of them, trading for active income and gambling for fun. Some profit from trading for play gambling. It is fair and make me comfort, happy. So i can play all of them trading and gambling.
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August 01, 2016, 04:12:34 AM
 #59

What much profitable (less unprofitable). With same bankroll, crypto trading (ICO and other) or gambling?
I think crypto trading, but i'm never did it regular, only hold some btc. Start not so long ago and  buy augur on presale and not much other coins. And here now it seems to me, that the odds better than odds on bets or poker


both of them can be very profitable indeed.
but generally speaking you have a better chance in making a profit from trading than you have in gambling.
although you shouldn't forget that trading requires some good skills that not everybody posses so just going into trading will not lead to profit but gambling can lead to profit if you are lucky even if you don't have any skills.

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August 01, 2016, 05:21:46 AM
 #60

I choose all of them, trading for active income and gambling for fun. Some profit from trading for play gambling. It is fair and make me comfort, happy. So i can play all of them trading and gambling.
Good choice then you will not get lose I think. Because suppose if you're wasting in gambling also no issue, you may have Chance to get back your loss in Trading. Huh, let me try this. I will not much interested in Trading, but now I feel like to follow this method. It will give both fun and sometimes profit.
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