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Author Topic: Crypto Trading or Online betting? 2k Usd budget.  (Read 19829 times)
Adhichan
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December 17, 2018, 05:38:43 AM
 #241

Betting is pure gamble . Its full with uncertainties and you can lose all and everything.  Trading with the right technique and knowledge will profit you both on short and long term
that's the difference between trading gambling.easy to start gambling but its easy to loss all our money too.so if we want to be poor man join in this world.trading need our effort to be suceed.such as learning trading skills.
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December 17, 2018, 07:12:28 AM
 #242

trading is good option because in trading you can make good profit trading only require knowledge and experience if you have not trading skill then i will be advised you first learn trading
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December 17, 2018, 07:18:33 AM
 #243

trade dont gamble
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December 17, 2018, 07:17:06 PM
 #244

Betting is pure gamble . Its full with uncertainties and you can lose all and everything.  Trading with the right technique and knowledge will profit you both on short and long term
well, if you compare the two, maybe trading is still better, because you can control 100% of the funds you have. however, for now, I don't recommend both, especially if you're new to this. it's better to look for information, and see the market situation directly, it might give you a wise choice, because $ 2k is quite a lot.
The chances of making money with either of those methods are very low especially if you have no experience with either one, so before using our money to trade or to gamble it is better to take our time and study which one of those options could give us more profits and then dedicate our time to make a deep research about that topic and only then we could proceed to use our money to try to generate profits.
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December 18, 2018, 02:33:02 AM
 #245

Betting is pure gamble . Its full with uncertainties and you can lose all and everything.  Trading with the right technique and knowledge will profit you both on short and long term
well, if you compare the two, maybe trading is still better, because you can control 100% of the funds you have. however, for now, I don't recommend both, especially if you're new to this. it's better to look for information, and see the market situation directly, it might give you a wise choice, because $ 2k is quite a lot.
Thats right, $2k is big money you know. and too big money if you only use it to gamble. my main choice remains in trading.
but if you really want to gamble, then allocate only a few percent of your capital to gambling its not a problem..
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December 26, 2018, 08:21:15 AM
 #246

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
If you bet with that money you’re likely to lose it. If I were you I would look for a coin that is worth investing for a long time, like Litecoin, Bitcoin, ETH, Ripple and the rest of them I’m sure would bring profit later on. Invest in any of these coins now that the market is down and have Hodl for a long time till bull run comes and you can cash out a huge profit at last. Maybe you can buy BTC now and hodl.
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December 26, 2018, 10:51:37 AM
 #247

You can Betting in many games. You can also invest your half money for holding some good coin, top 20 on coinmarketcap, and half for trading.
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December 26, 2018, 11:22:14 PM
 #248

Yes, correct, diversification of savings, investments and risks is the basis for successful investment.
However it's quiet hard when start capital is very small.

 
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December 27, 2018, 06:51:16 AM
Last edit: January 01, 2019, 06:45:37 AM by StarofBTC
 #249

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
How do you think that gambling will be something benefitting? Have you done it before, have you been into online gambling before, especially gambling on a crypto site? Most people u have seen gamble with their money usually end up regretting it. I do know one person that managed to get a win in gambling, but calculating how much he spent so far and what he won at last it was just a waste of his time. I don’t mean to upset the gamblers here, but it’s a waste of time.

diversification of savings, investments and risks is the basis for successful investment.
However it's quiet hard when start capital is very small.
But, I do not think it will be hard for the capital of 2k dollars for the OP's case. Definitely anyone could go for full fledged diversification with that capital to ensure some decent profits even in short term itself. In long term, 2k dollars may grow to 4k dollars too if the right opportunities are identified.
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December 27, 2018, 12:25:52 PM
 #250

Betting is pure gamble . Its full with uncertainties and you can lose all and everything.  Trading with the right technique and knowledge will profit you both on short and long term
well, if you compare the two, maybe trading is still better, because you can control 100% of the funds you have. however, for now, I don't recommend both, especially if you're new to this. it's better to look for information, and see the market situation directly, it might give you a wise choice, because $ 2k is quite a lot.
in my opinion even though the market conditions are still bearish you can still take small opportunities to make a profit, you just need to monitor and look for opportunities to buy and sell, make sure you do it quickly. yeah $2k is a big capital, of course using all your money is not a wise thing, and gambling is also not the right method to make money
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December 30, 2018, 12:28:27 PM
 #251

M8, if you are really interested in crypto, i guess you should trading, on the the other hand if you don't have any experience and don't want to waste you time learning information how to invest and trade in the right way than you should try your luck using only betting. That's all that simple as that. Good luck mate. I have one friendly tip for you, if you are ready to lose these money invest in ETH and hodl. If the price will raise, you will earn a lot. Good luck, man.
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January 02, 2019, 07:33:36 AM
 #252

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
If you bet with that money you’re likely to lose it. If I were you I would look for a coin that is worth investing for a long time, like Litecoin, Bitcoin, ETH, Ripple and the rest of them I’m sure would bring profit later on. Invest in any of these coins now that the market is down and have Hodl for a long time till bull run comes and you can cash out a huge profit at last. Maybe you can buy BTC now and hodl.
You normally look at the return and the risk in the investment. In my opinion, investment in Bitcoin might make you financially much stronger than online betting. Better go for the option that interests you.
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January 02, 2019, 07:59:56 AM
 #253

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.

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January 02, 2019, 08:54:12 AM
 #254

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.
Very good advice from you that trading and online betting were necessary to knowledge and if OP have good knowledge for both of them then split his funds to get maximum results or even if he loss from trading then he can able to get recover his loss through online betting even though there is no guarantee these way will be profitable
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January 02, 2019, 09:54:51 AM
 #255

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
Surely the answer is trading. gambling has a huge risk and I think gambling is only for people who have high luck, so they can make long-term profits. trading is where you have to predict market movements, this is purely how your skills in analyzing and making strategies, talking about trading risk is also a big risk if you don't really understand crypto.

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January 02, 2019, 12:17:04 PM
 #256


2k usd is a huge amount but to some people this may look small especially if they are rich  . if you can afford it to loose then go gambling because there is a slight possibility that you can double it instantly  but if you value your money youd better go on crypto trading .  trading is less riskier but its a bit harder for beginners  . the profit that you can get isnt also instant not unlike to gambling  .

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January 02, 2019, 01:57:03 PM
 #257

Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
Surely the answer is trading. gambling has a huge risk and I think gambling is only for people who have high luck, so they can make long-term profits. trading is where you have to predict market movements, this is purely how your skills in analyzing and making strategies, talking about trading risk is also a big risk if you don't really understand crypto.
Of course, gambling is never a good way to make a long-term profit because the nature of this game is to make money from us, we do not have any chance to win for a long time with this game, many people have tried and the result is just lost. Trading will be a better job, although it still needs luck but it is only a small part of trading, the things that are more important in trading and deciding everything are still our experience and knowledge, if we don't have those keys, trading will be similar to gambling, it will bury us

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January 02, 2019, 07:08:03 PM
 #258

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!

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January 02, 2019, 09:04:25 PM
 #259

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?

 
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January 02, 2019, 11:49:09 PM
 #260

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.

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