Digital options - Gambling or trading?

[llyfee4u]

I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  .  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?

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[koroke]

I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  .  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?

I see that you have something to point out and your argument is fulfilling the Reader's curiosity. On the other hand I think we shouldn't choose between trading or gaming since both of them are useful and helpful in terms of gaining profit. In trading, it allows you to explore and be involved about digital projects that companies is trying to advertise while in gaming it allows you to explore different ways how to enjoy and entertain yourself while pursuing your luck in it. Though the stated features of the two were good enough for us to pursue it specially the gaming, we can't expect to have luck at any time, it's you who needs to execute different strategies to prevent multiple losses ,and that's what I usually do whenever I play into an online casino which is Vegas casino  playing variety of games that I love with proper moderation as well as enjoying their great deal of welcoming reward just for doing my deposit into it.

[romero121]

Greed is found with each and every human being. Out of greed people have lost through gambling as well through trading. These two were the top contributing industry to the growth of cryptocurrency, also these were one on which people get good earning upon the risk taken investing big. In this regard users focus on both these for the betterment and for long lasting.

[Naida_BR]

I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  .  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?

You are right at same point.
I remember myself when I was full on gambling and eventually lost the funds that I had for gambling, to turn to investment opportunities such as trading. For me, people will still prefer the traditional gambling because anyone can gamble. Trading needs knowledge if you want to perform efficiently.
But, yes I can agree that all digital options are a type of gambling.

[3x2]

Digital option is pure scam. It is neither trading or gambling.
In gambling you still have insight that this team can win but in binary trading you dont have a single clue what you have is greed to earn or multiply your money.
Kindly be away from such schemes.

[vennali]

I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  .  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?

Ive seen this option on Bet365 and a few other sportsbooks and they are similar to day trading I feel. I used to bet on it a couple of years ago but it is hard to predict generally speaking. I'd say Dice is easier and has better value in gambling digital options.

[imstillthebest]

id say trading is the most prefer by people because its less riskier  . if the coin drops , you dont loose permanently not unlike to gambling that if you loose you already loose permanently  .  if you have balance left you can recover your losses but the chance is fairly slim  .  however im also aware that others will say that they go for gambling because gambling does not require a good knowledge and skills  that you must need to posses before you can do trading  .

[llyfee4u]

Ive seen this option on Bet365 and a few other sportsbooks and they are similar to day trading I feel. I used to bet on it a couple of years ago but it is hard to predict generally speaking. I'd say Dice is easier and has better value in gambling digital options.

I share your sentiments actually.  Indeed, Bet365 was infact the first place i saw it also.  For me, the Turbo mode option is quite scary, i'm not a seasoned gambler or trader.  The way i see it, its much more a gambling on an off chance of being correct within such short time frame. 

[swogerino]

I like gambling but I don't like trading and I don't see them as similars.Trading involves you thoroughly and you need to be updated in realtime with markets, forex and commodity prices before deciding on what to do.

In gambling you don't need this, whenever you feel like you need to gamble you fire up your browser , go to your favourite casino and start playing.For me trading is stressful compared to gambling.

[bitcoin31]

Gambling and trading is both good depends on the people what is better. They have cons and pros of choosing one that.  You will earn money in trading and gambling but in reality you can also lose money if you do not know how it workrs properly we are different thingking about that and we neee to be respect other choices.

[eternalgloom]

IMO, digital options is a type of gambling but then again what isn't?

Yes it's just pure gambling based on the exchange rates, it's really not at all like trading, since you almost can't make informed decisions in such a short amount of time.
I'd be pretty wary of the companies that offer services like these, there are lots of scams floating around.

[kaya11]

I will take Trading even though it is boring at some point but I don't see it as a game, as it will be much safer than gambling. Although if you want instant win or lose then everybody should be gambling right now. It doesn't really suits the case where we all want to be rich in an instant without any risk taken. Well for other reasons such as depression and whatever might be the problem that triggers a lot of pressure in us we most likely what to spend our time to either drink, girls, gamble and all of that are staple in one places.

[Bitinity]

id say trading is the most prefer by people because its less riskier  . if the coin drops , you dont loose permanently not unlike to gambling that if you loose you already loose permanently  .  if you have balance left you can recover your losses but the chance is fairly slim  .  however im also aware that others will say that they go for gambling because gambling does not require a good knowledge and skills  that you must need to posses before you can do trading  .

I think you do not understand what is being discussed here. It is not about preferences between gambling and/or trading but it is about digital options or binary trading.
For me binary trading is like a combination between gambling and trading as we are predicting the price will go up or down in specified time. To predict the price, it requires some knowledge and analysis like what we usually do in normal trading but in result is like gambling (only win and lose). No chances to do something to avoid lose like what we have in trading.

[Johnzky]

Greed is found with each and every human being. Out of greed people have lost through gambling as well through trading. These two were the top contributing industry to the growth of cryptocurrency, also these were one on which people get good earning upon the risk taken investing big. In this regard users focus on both these for the betterment and for long lasting.

But this is also the area in which people are losing huge,greed is not found in every human because the ratio of greedy people and not are not alike.still many of us can manage our eagerness to win while greediness manage us only to lose
No wonder why gamblers always lose their money because of greediness

[gantez]

I have read Op but I can't exactly narrow your argument as to if you are making a comparison between gambling and trading. Of course, gambling is what it is. Trying your luck even when sometimes, you know you won't win  

But trading for my view involves a directional projection guided by some apparatus called technological analysis, fundamental analysis or and sentiments.

[XCANA]

Gambling is more of luck compare to trading. Actually, i had tested the two part of the digital options and have come into conclusion that, better to stick to what you know and understand than what you don't. Gambling has been my most favorite option in the digital world because of my luck whenever i play on gambling platforms. Trading has made me incur expenses that nearly brake me apart, so, gambling is my option.

[YuginKadoya]

A high Provability that you can accumulate more money in trading than in gambling as you said it yourself is a high possibility and I can not understand either why there are so many people that put their trust in gambling then frowning in the end when they hadn't accumulated their desired earning, Then that person mindset is very wrong towards gambling because when you enter gambling don't forget of the risk factors involved in it, Don't make a sudden desire that you can win and accumulate earning towards it because it will be at random,

While in Trading there is yes risk as well but the factors of seeing its movement are very high, You can surely check the graph when it forms a candlestick you can see the news it there are a positive or negative factors regarding it, Yes it has risk and unpredictable But you can research and check a possibility for its outcome.

[xvids]

Trading and gambling is two different thing but if you are trading without knowledge or reading the chart then you could consider it as gambling.
Gambling is a game of luck and strategy while trading is about experience and knowledge.

[Zadicar]

IMO, digital options is a type of gambling but then again what isn't?

This is basically Binary options on where you do set out or predict on where would prices would go into a particular time frame or duration.Yes, it is somehow sort of gamble due to short period decision making but
this isnt actually compared to gambling yet you can make some analysis on where would prices possibly go on next duration unlike on gambling where you do fully rely on luck on the outcome and thats the difference among the two.

[Capt00]

Both options are taking a risk but on this situation, we need to consider how long you have been known crypto. Then if you have good knowledge of having technical analysis on crypto price then you can go in trading. Because that needs fundamental skills and dip research before you have earned in trading. Unlike, gambling even you don't know what is bitcoin as long as you know how to gamble dice or casino, then you can earn from it and probably it will need luck too. But for me, I prefer to gamble than trading.