TalkStar (OP)
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February 20, 2019, 06:04:09 AM Last edit: February 20, 2019, 10:53:24 AM by TalkStar |
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Hello guys,
Today I am going to share my own experience about gambling, forex & Crypto trading. Although i am new in the forum but Its already been 5 years that i am connected with crypto trading, forex & gambling. I think its like a puzzle for new users to take decision where to start or not. Many of us working hard to earn from online and looking for a reliable source of earning. For that reason i will try to describe my own experience with all of our new comers.
Gambling
Gambling is a popular source of earning. There's been a lot of gambling projects going on successfully. Its true that you can earn a lot from gambling if your luck is on your favour. Here you have a big chance to make it 2x,4x,10x and on the other hand your balance could be zero too.
Personally i will suggest not to engage with gambling without enough fund. If you have fund limitation than you can't cover your loses where big amount holders can do it easily. Many people beleive that if you maintain good strategy on gambling than you can earn a lot. But in real i think it has no value. As an example you put bet on bet365 where you select football team Barcelona on spanish la liga as your side. Yeah its true that Barcelona is strong enough to win but you can't be 100% sure. So there is no way to deny that gambling is nothing but a risky source of earning.
Forex
Forex is a famous source of earning for online investors. Millions of people worldwide connected with forex. From my experience its is a good platform to trade foreign currency. But it is to notify that without enough knowledge and experience you can't make profits there. where i beleive if anyone wants to engage with forex he/she should learn every single basic.
As an example i wish many of our users knows about IQ option. Its a broker of binary trading where you have a chance to make your fund 100x in a couple of minutes. But there's chances to make your fund zero too. Its kinda simillar with gambling. There's many brokers available in forex but you always have to put it on mind that your strategy & knowledge will play the main role.
Crypto Trading
Crypto currency is showing its power to all over the world. Where its already been a favourite destination for online investors and traders. There's been a lot of advantags in crypto trading for a new user. Crypto trading have got lower amount risks than gambling & forex. Where in gambling & forex you always have a chance that your fund can be zero. But in crypto trading you can get notifications from exchanges if any of your purchased token or coin going to be delisted. There's always a chance for you to recover your fund.
Yeah as like as other source of earning you need your own strategy, knowledge & experience for crypto trading. Its a place where you can invest and hold an established coin easily for your future profits.
Honest Review from myside:
I want to say for our new comers that its not an easy task to earn from online. Before invest somewhere you should learn regarding knowledges about your targeted source of earning. I beleive its your skill, strategy, and experience will guide you to your bright future. Personally its been a long time I left gambling and also not so regular on forex now. In recent time i am totally spending time with crypto trading. As a trader I beleive its a golden chance to make a entry on crypto world. Its going be a wise decision to invest and hold crypto IMO.
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Coyster
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February 20, 2019, 06:21:30 AM |
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This three are all viable forms of investment and ways to earn but they are likewise also risky to get into, gambling has a whole lot to do with luck,but at another thought both forex and crypto trading also have one or two to do with luck. There is no benign form of investment,you must game risks and that is what it is,but taking wise risks is the way to go, feeding your mind with requisite knowledge of what you're getting to as well as cutting down on the start up funds. There are far more to this three terms than what op has explained,which newbies should research thoroughly on
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JeromeTash
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February 20, 2019, 07:18:51 AM |
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Gambling is purely based on luck and should be done mainly for fun, if you do it expecting to get rick very quickly then you are mistaken. You may end up getting depressed.
Stock trading requires a lot of skill and knowledge... I tried it once and gave up on the whole thing however I found crypto trading a lot easier and a little predictable. It very easy to make money with bitcoin's volatility. For example, I bought at 3540... I have already sold at 3900. I am expecting a slight drop before Friday.
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The Cryptovator
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February 20, 2019, 07:37:43 AM |
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Well write, I have no idea about forex but gambling isn't a good source of earn IMO. There is very high chance that your balance would be ZERO. But gamble could play occasionally for hobby. But should not addicted on it. Crypto is bit safe from gamble. At least your balance will not ZERO if you play with good coins. I think gamble is depend on luck and trading is depend of experience and analyse since I am also a small trader.
My opinions is stay away from gamble especially if you are new.
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Kopyleft
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February 20, 2019, 09:00:07 AM |
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There's been a lot of advantags in crypto trading for a new user. Crypto trading have got lower amount risks than gambling & forex. Where in gambling & forex you always have a chance that your fund can be zero. But in crypto trading you can get notifications from exchanges if any of your purchased token or coin going to be delisted. There's always a chance for you to recover your fund.
I do not quite understand the meaning of the highlighted text. In reality, forex and cryptocurrency trading are both forms of gambling, and the risks all depends on how you trade and what strategy you adopt. Also on the measures you put in place, like stop loss and take profit to protect your profits or minimize your losses. In all three there's a chance of your going to zero.
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detrivator
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February 20, 2019, 11:49:04 AM |
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Gambling,Forex and Crypto Trading. I think they are same and you just predict where did you pick it will give you profit if you luck and if it fail, they will make you loss some assets.
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gentlemand
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February 20, 2019, 12:03:11 PM |
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This three are all viable forms of investment and ways to earn but they are likewise also risky to get into, gambling has a whole lot to do with luck,but at another thought both forex and crypto trading also have one or two to do with luck.
None of them are forms of investment, let alone viable forms of investment. They're all forms of gambling. I do not understand why Cryptoland throws these things around as fun loving ways of sailing towards eternal success. Most people who commit to this stuff wind up with a razorwire dildo inserted most of the way up their torso.
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TalkStar (OP)
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February 20, 2019, 12:23:38 PM |
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I do not quite understand the meaning of the highlighted text. In reality, forex and cryptocurrency trading are both forms of gambling, and the risks all depends on how you trade and what strategy you adopt. Also on the measures you put in place, like stop loss and take profit to protect your profits or minimize your losses. In all three there's a chance of your going to zero.
Its an advantage of crypto trading system. Where you will be notified by exchange authority if they are going to delist any of your purchased token. Its a chance to get your invested fund back by selling that token or coin. But in gambling you will not get that kind of support from gambling authority.
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CryptopreneurBrainboss
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February 20, 2019, 12:26:21 PM |
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Let me point out that participanting in Forex and Crypto trading without any skills or little knowledge is also regards as gambling, that been side gambling is an actively totally dependant on luck and sometimes experience/skills.
My opinion: the favorite among the three forms of earning mentioned above is crypto trading, it's the easiest to learn therefore I'll suggest anyone interested in earning from the three of them should go try this order, First crypto trading next to Forex/stock trading and finally Gambling ( should be used mostly for having fun that way your losses won't cause much emotional damage).
The truth is, you can earn from all three forms of online earning mentioned above.
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ASHLIUSZ
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February 20, 2019, 01:43:33 PM |
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Forex, crypto trading is kind of gambling. With gambling we spend the money and wait for the result, if the predictions go away from the result we loss, with trading and forex is the same. Here we get possibility to minimize the loss while the same isn't possible to do with gambling.
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Velkro
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February 20, 2019, 02:48:28 PM |
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Gambling Gambling is a popular source of earning. [...] Personally i will suggest not to engage with gambling without enough fund.
What? Source of earning? Its loosing game, you will always loose long term only casino wins. This is addiction, its bad and for sure not way of earning but guaranteed way of loosing money.
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xxkaiwaxx
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February 20, 2019, 02:56:33 PM |
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I think that all 3 are forms of gambling.
Each of them are a game of risk. And the higher the risk, the greater the reward/loss.
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mrdeposit
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February 20, 2019, 11:52:35 PM |
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I have been busy with all of them sequentially. But, gambling was the best, if there was no stress. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Always I try to seperate time for others, even though most time I am in crypto.
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TalkStar (OP)
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February 21, 2019, 03:05:12 AM |
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I have been busy with all of them sequentially. But, gambling was the best, if there was no stress. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Always I try to seperate time for others, even though most time I am in crypto. Yeah thats quite good with you if you have a big amount of fund. Maybe you got that. Its true that there is no way without having the favour of luck to make money from gambling. It has got the highest risk. Prediction got no value on this field. As a beginner its not a wise decission to choose gambling for a way of earning. I honestly suggest them to start their first investment with crypto trading. Where its relatively got lower risk than other 2 source.
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Bitcoin_Arena
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February 21, 2019, 04:40:57 AM |
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Crypto trading any time any day. Gambling - comes with a problem of addiction... Can be good for entertainment/fun Stock trading - requires a lot of skill to be a good trader.
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CryptopreneurBrainboss
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February 21, 2019, 05:08:10 AM |
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Crypto trading any time any day. Gambling - comes with a problem of addiction... Can be good for entertainment/fun Stock trading - requires a lot of skill to be a good trader.
All of the three method of earning mentioned above comes with a problem of addiction but gambling is more destructive. Also all the three method mentioned above also requires some level of skills and luck for you to be successful at them so they're in the same bracket. You just have to keep your emotions in check when participating in any of them to avoid making wrong decisions.
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kingpin4321
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February 21, 2019, 07:10:25 AM |
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Gambling,Forex and Crypto Trading. I think they are same and you just predict where did you pick it will give you profit if you luck and if it fail, they will make you loss some assets.
I might agree with you that gambling is luck(but you have to know how to play) but I would definitely no agree with you that cryptocurrency trading and forex is based on luck. You have to have a good knowledge of them before luck Can play a part
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Ipwich
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February 21, 2019, 10:21:16 AM |
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Gambling is a popular source of earning.
This introduction is wrong. It will never be popular because most of the gamblers are losers.
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traderethereum
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February 22, 2019, 08:33:20 AM |
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Forex and crypto trading can be gambling if we don't know how to make analysis and many of us get trap because of this. I don't want to say gambling is a popular source of earning because almost all gamblers cannot win the game and many of them get lost in big money.
I don't know with forex because, since the first time I knew the internet, I don't read anything about forex, but my friends tell their story to me that forex trading is very dangerous and they suggest never get in touch with forex if you don't have skills. Until I found crypto trading which I think it's better than forex because, in crypto trading, I can use small money to deposit and start trading. So far, I enjoy my time to trade with crypto, and although I cannot earn big money, I believe I can make it someday.
Forex, crypto trading is a part of source income, but gambling is a part to get fun, and entertainment.
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Andrew Parker
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February 23, 2019, 12:11:01 AM |
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I started my career as Forex trader, so that comes naturally. In recent times, I have switched to Crypto Trading, as it’s highly rewarding and like I said, I started off as Forex trader and that has really made things easy for me with Crypto Trading too. But of course, it’s important to have a broker that supports both. And that’s not hard, as there are many Crypto Brokers out there that offers Forex or vice-versa. As per gambling, I hate that!
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