Crypto Trading or Online betting? 2k Usd budget.

[rubythebest888]

why poster asked this question?
I assume he had thought of dividing the money in half.
Even as a newbie, he knows value of cryptos.
yet he posted this question,
In my humble opinion, I guess he already chosen online betting, he just wanna make sure how willing he is.

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[rickyharun]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I implore you to focus your time on crypto trading and get proper training on how to trade Cryptos with a working strategy this is quite profitable than online betting, with a good money management and compounding you can turn your $2K into a big amount of money  within some period of time.

in crypto trading we could any strategy we want to generate profits.meanwhile in betting we just have one option , profit or loss.we could not manage our risk and also ratio between risk and reward only 1:1 .

[BitTraderCute]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I implore you to focus your time on crypto trading and get proper training on how to trade Cryptos with a working strategy this is quite profitable than online betting, with a good money management and compounding you can turn your $2K into a big amount of money  within some period of time.

in crypto trading we could any strategy we want to generate profits.meanwhile in betting we just have one option , profit or loss.we could not manage our risk and also ratio between risk and reward only 1:1 .

We have no choice in online betting .only loss and profit no other choice for us .using 2k dollar could be gone in only few second.so becarefull with out money in gambling table.

[SvonioneFromMangoCoinz]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I think you should use $ 2k to buy BTC now. Currently the BTC has a fairly cheap price and its price is about to rise to nearly $ 5,000. At the beginning of 2018, the market also grew strongly after Tet holiday. Believe in history and trust the value of BTC.

[kumala_abi]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I think you should use $ 2k to buy BTC now. Currently the BTC has a fairly cheap price and its price is about to rise to nearly $ 5,000. At the beginning of 2018, the market also grew strongly after Tet holiday. Believe in history and trust the value of BTC.

dont forget to pick altcoin such as ontology ,eos and other potential coins.holding altcoin will give us more profit in bullish trend.we will get doubled profit from its rate and bitcoin rate.

[Wafilian]

Trading or batting both are different things and both are risky.you can get profit in the long run if you buy the right coins in crypto trading so learn first otherwise you lost your cash.

[capoeira]

the real question is: Is crypto still a good bet?

[Visbay]

It is upto what type of knowledge you have if you have crypto trading knowledge then you can go for it, if you have online betting sports knowledge then go for it, If you have both knowledge then split your investment in both and try it , where you get more profit workout it and go according to it.

Yes but mate I think in betting only knowledge does not work you will have to have good luck too because it is all about your luck and betting will make money only for lucky people but trading is a thing which makes profit for skillful people so if you have skills in trading you can take start with trading long term with crypto like BTC.

[stadus]

It is upto what type of knowledge you have if you have crypto trading knowledge then you can go for it, if you have online betting sports knowledge then go for it, If you have both knowledge then split your investment in both and try it , where you get more profit workout it and go according to it.

Yes but mate I think in betting only knowledge does not work you will have to have good luck too because it is all about your luck and betting will make money only for lucky people but trading is a thing which makes profit for skillful people so if you have skills in trading you can take start with trading long term with crypto like BTC.

Speaking of online betting, I think this refers to sports betting, and I believe knowledge and skills is vital for the success.
Luck is a big factor but that's out of the strategy since one has no control of his luck, it's just some kind of law of attraction, when you does things most of the time, it will bring you what you expect.

Trading on the other hand is like gambling also, an skilled based gambling but they required different strategy, and that is what you need to discover.

the real question is: Is crypto still a good bet?

ABSOLUTELY!

[Artemis3]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I'll give you a third option, it is less profitable but much safer: Lending. You can do that in both exchanges and gambling sites. Exchanges use the lending money for margin traders, and gambling in their bankrolls for the winners.

Of course the wisest choice is to diversify: divide your capital and try the different choices in parallel. Trading is hard and betting is luck. Have fun!

Hm, I think this is interesting option. But how to choose fair site which will not cheat you? And how much is potential profit of lending?

Well IMO exchanges are pretty safe (Ie. Poloniex and Bitfinex) as far as you trust the exchange... For gambling sites it depends on the site, you'd have to review (or check reviews about) each. As for earnings, think about 4%/year. Variance in gambling sites can make you wait at least a month or more before seeing profits (just like the luck in mining), and you will see constant loses / winnings as the players win and lose. In the long run you will earn, otherwise the site would shutdown (the house cannot always lose!). Again its not much but quite safe, if in doubt just diversify and don't put all your eggs in the same basket, and DO wait a few months once you commit (yes its slow and boring, compared to trading) to see (good) results.

[bitcoin31]

Trading or batting both are different things and both are risky.you can get profit in the long run if you buy the right coins in crypto trading so learn first otherwise you lost your cash.

But trading is less risk compared to the online betting because you can lose in one roll. But in trading you can lose only slightly or longtime not in shortime. The more bettee is the crypto trading than online betting. Every have risk but if im going to choose I will vhoose the less risk compared to the high risk.

[Sum24]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I think you should use $ 2k to buy BTC now. Currently the BTC has a fairly cheap price and its price is about to rise to nearly $ 5,000. At the beginning of 2018, the market also grew strongly after Tet holiday. Believe in history and trust the value of BTC.

Right this is great suggestion mate buying bitcoin is the best choice for now because there will be more chances of earning but in case of betting online can put you into risk. If you played wrong trust me you will be sad so better to buy bitcoin it needs only time but the profit is certain. No risk no stress only patience to get your money back with more than double.

[Faxmate]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I think you should use $ 2k to buy BTC now. Currently the BTC has a fairly cheap price and its price is about to rise to nearly $ 5,000. At the beginning of 2018, the market also grew strongly after Tet holiday. Believe in history and trust the value of BTC.

Right this is great suggestion mate buying bitcoin is the best choice for now because there will be more chances of earning but in case of betting online can put you into risk. If you played wrong trust me you will be sad so better to buy bitcoin it needs only time but the profit is certain. No risk no stress only patience to get your money back with more than double.

I also think that the better way is trading to earn more money and save it for its increasing time because its price will gain in very soon and that's why it will big happiness to get huge amount of profit but if some time you wanna spend a little bit amount of your money so it will never bad because some of needs are really important and that's why spending is necessary.

[Biscutard]

Most people here know that trading is the best way to earn for long-term investment because betting/gambling itself might put your funds to the edge of losing without getting something. Gambling is not a way of source of income if you think like that, you are wrong.

[NewRanger]

Most people here know that trading is the best way to earn for long-term investment because betting/gambling itself might put your funds to the edge of losing without getting something. Gambling is not a way of source of income if you think like that, you are wrong.

gambling just speculation on our money.we get it or we loss it.that was the concept of gambling we could be rich man faster and vice versa.but as long as i know no one could be rich from gambling.

[davinchi]

My question is why would anyone be talking about using a whole $2000 for betting? What if you lose it? That’s your choice though, but I would prefer to trade with the money and make extra money with it, but that can only be if you know how to trade, cause trading itself is not an easy one, you can still lose money in it. But if you take out time to learn it you will benefit a lot from it.

[peter0425]

My question is why would anyone be talking about using a whole $2000 for betting? What if you lose it? That’s your choice though, but I would prefer to trade with the money and make extra money with it, but that can only be if you know how to trade, cause trading itself is not an easy one, you can still lose money in it. But if you take out time to learn it you will benefit a lot from it.

The OP is weighing is options whether to trade or gamble with that $2K budget. As a fellow gambler though, I wouldn't advise to go full gambling with that $2K, that's a lot of money to begin with. Much better if the OP go on trading with small amounts, just to get a feel of how the market operates and if he likes it then definitely he can slowly increasing his capital. But he has to take note of the high risk factor though, he can even lose it everything in just a couple of months because of the unpredictable price fluctuations, so just be cautious as well.

[UmerIdrees]

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

I implore you to focus your time on crypto trading and get proper training on how to trade Cryptos with a working strategy this is quite profitable than online betting, with a good money management and compounding you can turn your $2K into a big amount of money  within some period of time.

Betting is too much risky. You can lose your 2K Usd within a day. I will suggest you to first learn trading and then start trading with the budget you have. The profit will not be at once, but with the passage of time you will earn good income from trading.

[bit-freedom]

Crypto trading will be a better option than gambling. Gambling is based on your luck mostly, I think it is more interesting to plan a strategy and try crypto investing.

[lagoon88]

In my opinion, crypto trading would be more profitable in the long run, but you have to gain experience only then you can gain good profit. As far as, online betting is concerned you have to rely on luck there is nothing you can do about it.