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Author Topic: Trading, gambling and binary options. Which one you prefer?  (Read 1051 times)
KarlKanKarl (OP)
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February 27, 2020, 02:52:11 PM
Merited by philipma1957 (1), BitMaxz (1), exstasie (1)
 #1

Some years ago, I learned how trade. So, I trade and gamble. Later, I like binary options. This are my experience.

I first started day trading, I was good at it. And I have set of rules to follow.
I don't trade on Fridays and weekends
I don't not overtrade. It leads to more loss trades.
I use stop limit but not all the time
I disciplined myself because I know if I don't, losses would discipline me.
I learned about analyses. Most especially the technical analyses.
I study about coins and also analyses them.
I am patient enough and not greedy.
Trading at the bottom of upper line does not mean the trade will be successful.

So, I know the basic trading rules. I trade and I can. But, the gain was very low compared to what day trading imply. It implies day profit but professional traders also think about the losses involved.

I later decide to gamble, I don't play dice because I like to analyze, so, I chose sports betting. Particularly, football betting. I also follow the rules.

I checked for strong teams
The score the team usually score
Check their previous matches with the team they are meeting
Check for their last five matches.
Check for players they want to use and do on.

But, as good as I am to the extent I predicted scores and my friends were surprised, I still lost all my money to gambling. It became a problem in my life. And I changed to binary potion.

I use my trading experience for binary option but I lose the more. I later was so confused. But I started what I know best again, trading.

But, I later switched finally to long term trade in which i buy at low price, hold, and later sell at high price. This is where I gained more than 500% of my capital this year alone. I still trade on short term bases, but the cryptocurrencies  i used is 5% of what I used to trade on long term bases. I profit from both but the profit from long term can be higher but take long time.

To me, I say no to gambling, trading is far more better. I start trading, left it and my life became miserable not knowing it was and still the best. But, not getting it right is what people are suffering from.

Gist us also about your trading and gambling experience.
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February 27, 2020, 04:01:37 PM
 #2

I will never join binary options, because I have a very bad impression of it. Because it is extremely risky, and it is important that I have many exchanges created for fraudulent purposes, without any license certificates. These floors also constantly false advertising to entice new people.

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February 27, 2020, 05:01:53 PM
 #3

Gambling is not meant for making profits so just skip the gambling at first.Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.You realized that long term is best among all kind of trading methods because it doesn't need much efforts all you have to do is wait and get reap when it is available for you.
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February 27, 2020, 05:55:00 PM
Merited by semobo (1)
 #4

Trading- Long term and can be possibly make a source of living
Gambling- Pure entertainment and dont go on other means
Binary- Somewhat like gambling but at least you do have basis on where you do get your analysis from which is on the market.Fairness of results would vary
or depend on broker itself.

So when it comes to choosing then i would choose #1 and #2.

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February 27, 2020, 07:24:59 PM
 #5

I prefere trading, it's the most profitable and it makes the most sense.
Gambling is not meant to make profit but for fun and that is how I treat it, a leisure for my free time.
Binary options are two risky and personaly I don't like it, in fact I find it as a shady business.
For someone who is seriously involved in Bitcoin, trading is the best.

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February 27, 2020, 07:38:06 PM
 #6

I have experience on betting or trading up with binary options and i can say that it is just similar to gambling so i dont really suggest this one to anyone.Trading is for making money on longer duration or can be forever once you do able to grasp the system.It might not be easy and does take long time but it is worth since this one will give out opportunity to make money at least which is sustainable for long term.
So i prefer trading for making money and gambling for fun.

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February 27, 2020, 07:55:17 PM
 #7

I have a similar experience like you but I haven't had experience with Binary options trading. I've known about it for years but I didn't just like it. I also like the fact that you're honest with your experiences. Most people usually sugarcoat it. For trading, I learnt how to trade via Babypips Trading school. While I haven't made more profits, I haven't made much losses either. My goal has always been to not lose my capital even though I might not profit now so far, I'm getting more experiences and getting more sync with the market, then I'm good. I know that with time, consistency and patience, I will get better. The major reasons why people fail at trading:

1. They thought it was a get rich quick venture – even the most successful traders didn't make so much profit until they got more experience.

2. Consistency – It's quite obvious that we can't predict where the market is going (in my opinion) but we can better our chances by react to the market quickly. Most traders are not consistent with their trading system/plan. Most times they break their rules just to settle for short term gains. It shouldn't be this way.

There are others but I'd stop there. I haven't said anything about gambling because I haven't really been successful at it despite the fact that I take time to duly analyze it.


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February 27, 2020, 08:37:40 PM
 #8

Before I started trading, I started gambling in casinos, in freebitcoin, and it consumed me all day, in fact I think I lost much more than I won, today I prefer trading because you can make plans and strategies, some people It does not matter and they confuse trading as gambling and they may find it, but when they run out of luck it is when they will know that it is best to prepare, because today I see trading as a business. In my case I prefer Trading.

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February 27, 2020, 09:39:21 PM
 #9

Trading any time, any day for me.
I have never tried Binary Options since it looks far more like gambling. Honestly gambling is purely meant for entertainment. Trying to use it for profiting will only lead to bad side effects such as depression and gambling addiction.

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February 27, 2020, 10:08:01 PM
 #10

I prefer trading primarily because of my experience trading over the past few years and the valuable lessons I've learned over time with it, though I do agree that trading can definitely become akin to gambling if you choose to treat it as such, and I also believe that binary options are much closer to gambling than most styles of trading.

Even though it's entirely possible you might be able to make a living from trading, it's unrealistic to expect to do so because most people just don't even make money from trading overall. It's a tough task.
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February 27, 2020, 10:10:56 PM
Last edit: February 28, 2020, 09:32:12 AM by ice098
 #11

I have experience on betting or trading up with binary options and i can say that it is just similar to gambling so i dont really suggest this one to anyone.Trading is for making money on longer duration or can be forever once you do able to grasp the system.It might not be easy and does take long time but it is worth since this one will give out opportunity to make money at least which is sustainable for long term.
So i prefer trading for making money and gambling for fun.

Long term isn't easy to do, since it needs enough patience and determination in order to sustain for a long process. Sometimes it feels you're going to panic, but when we have enough knowledge on what we're doing with trading, everything will be within our control. On gambling, I think having fun over it can be enjoyed but with moderation.

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February 28, 2020, 02:07:13 AM
 #12


To me, I say no to gambling, trading is far more better. I start trading, left it and my life became miserable not knowing it was and still the best. But, not getting it right is what people are suffering from.


Now you understand why gambling worth to leave and never come back, you chose the right option to create better life, trading. Convince people to leave gambling or stay in trading is really hard, need time and understanding about what they need in safe ways?. Many people still in gambling world and ignore trading because trading is more risky, that's the wrong mindset and need to fix immediately. Congratulations with your new journey, stay positive and follow your plan with patient and disciplines.

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February 28, 2020, 03:59:19 AM
 #13

you have made decision but i tend not to believe in stopping gambling because for me this is one way of enjoying the game and also a chance to win (if luck is with me sometimes)i do gamble on a weekly basis depends on my available time and Budget sometimes twice a week but very rare of 3x.
though we will both agreed in Long term holding,but i wonder How long is Long term for you?because you've said 500% in just a year profit meaning 3-4 months the longer?sorry it made me curious the way it delivers because for me?well this is only my opinion but long term means year or so.

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February 28, 2020, 04:30:48 AM
Last edit: February 28, 2020, 04:41:06 AM by Rodeo02
 #14

you have made decision but i tend not to believe in stopping gambling because for me this is one way of enjoying the game and also a chance to win (if luck is with me sometimes)i do gamble on a weekly basis depends on my available time and Budget sometimes twice a week but very rare of 3x.
though we will both agreed in Long term holding,but i wonder How long is Long term for you?because you've said 500% in just a year profit meaning 3-4 months the longer?sorry it made me curious the way it delivers because for me?well this is only my opinion but long term means year or so.
dont stop if you just want to play just to enjoy some of your time.
Stop only if you think you do it as addiction already and you already lost too much money  gambling .

Holding can be profitable = but its always depends what coins you want to hold for long when it says long term it takes year 1-5 years can be considered  as my understanding not just a month.
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February 28, 2020, 05:25:17 AM
 #15

I don't think binary options is for me. I keep on seeing their ads on YouTube and it never enticed me to get into it despite of having a lot of encouraging and attractive ads.

Trading as usual and gambling at the same time.

Someday might be I'll get into BOs.



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February 28, 2020, 05:27:46 AM
 #16

Gambling is not meant for making profits so just skip the gambling at first.Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.

I disagree with your statement as gambling is more of a productive way to make more and one of the easiest, surfer you have equipped yourself with the necessary skills and probably have luck on your side. Gambling and binary options have more similarities than trading since the act of trading has less luck factor and more if your research and knowledge on that asset you're trading.

I'll prefer trading to the others since you can duplicate your success on different occasion but that can't be said about the other two. There isn't an assurance of been lucky each time you gamble.

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February 28, 2020, 06:10:04 AM
 #17

It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.

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February 28, 2020, 07:05:33 AM
 #18

Lol, one thing I have never done before is gambling. A lot of my friends are into it, but I just don’t like it because I see the addiction they get from it and how they end up losing their money. And the worst part of it is that they never stop even when they are losing their money, every little money that goes into their hands they plan to gamble with it, that’s what annoys me the most.

So, I have been staying clear from anything gambling. I have been into binary options before and I used to trade with iqOption and Expert option, they worked good but it’s not really as easy as you might think and you can lose money from it. Though sometimes you might get lucky. Long term cryptocurrency trading has also been the best thing for me so far and that’s where I have benefited the most.
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February 28, 2020, 08:47:27 AM
 #19

It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.
That's right, gambling only makes you lose your assets, it's full of risk, you only need a fortune to win in gambling. In contrast to Trading where we have to really learn how to read charts by analyzing technical or fundamental.
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February 28, 2020, 08:53:11 AM
 #20

Congrats to the OP, he finally arrived. Most people blow up a couple trading accounts and leave forever, they don't actually learn their lesson and become profitable swing traders. Good job!

The lesson here (besides "don't trade binary options") is it's important to analyze and trade long term trends. Short term trading, fading, scalping can be okay if you have a good handle on the bigger picture trend and know how to trade around a core long term position. By that I mean this:

Quote
But, I later switched finally to long term trade in which i buy at low price, hold, and later sell at high price. This is where I gained more than 500% of my capital this year alone. I still trade on short term bases, but the cryptocurrencies i used is 5% of what I used to trade on long term bases.

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February 28, 2020, 12:01:44 PM
Merited by semobo (1)
 #21

Gambling is not meant for making profits so just skip the gambling at first.
Well for some people gambling is their source of income making it their job ultimately for making money online. I also gamble whenever it's my leisure but it does not mean to intentionally just spend and lose your money on it. I find gambling good for making profit especially when you play the card games physically and just transitioned to digital.
Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.You realized that long term is best among all kind of trading methods because it doesn't need much efforts all you have to do is wait and get reap when it is available for you.
There isn't much problem with Binary trading, there are just some things people that want the binary trading needs to know especially the information of the service provider. I don't really see complaints that much about bugs or any error, I just see some with scam and shitty provider of binary trading.

I consider it safe and secure since it is a regulated instrument legally across the globe.

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February 28, 2020, 01:49:38 PM
 #22

Gambling is not meant for making profits so just skip the gambling at first.
Well for some people gambling is their source of income making it their job ultimately for making money online. I also gamble whenever it's my leisure but it does not mean to intentionally just spend and lose your money on it. I find gambling good for making profit especially when you play the card games physically and just transitioned to digital.
Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.You realized that long term is best among all kind of trading methods because it doesn't need much efforts all you have to do is wait and get reap when it is available for you.
There isn't much problem with Binary trading, there are just some things people that want the binary trading needs to know especially the information of the service provider. I don't really see complaints that much about bugs or any error, I just see some with scam and shitty provider of binary trading.

I consider it safe and secure since it is a regulated instrument legally across the globe.
But 99% of people who thinks that gambling will make income for their living will go bankrupt so this is not the right way even if many people are doing in that way.

I meant that selective scam so no one can claim that they are complete scam but one who met the situation are crying now.One of the most used binary platform got recently into scam accusation but isn't there enough evidence that to prove they scammed the user.
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February 28, 2020, 03:47:12 PM
 #23

It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.
That's right, gambling only makes you lose your assets, it's full of risk, you only need a fortune to win in gambling. In contrast to Trading where we have to really learn how to read charts by analyzing technical or fundamental.
Gambling is satisfying and entertaining, but it is a high risk because it won't give you any assurance with regards to the possible result of your decision. It is either you win or end up losing and you don't have any choice but to accept the outcomes. Gambling can easily help you earn huge amount of money but it still depends on your luck, so if you want to ensure that you will earn profit then go with trading. It requires knowledge and patience because you have to consider various factors that may affect your trades.

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February 28, 2020, 06:04:17 PM
 #24

I've tried everything besides the binary option. other than that, at the moment I am just preparing myself to trade. I hold assets to prepare worth trades when prices go up, I might start it. however, so far, I have only been preparing to trade, and stay away from gambling games, because it is really risky for the assets that I have collected so far.

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February 28, 2020, 06:16:39 PM
 #25

All of them, gambling is most exciting

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February 28, 2020, 06:18:57 PM
 #26

Everyone has their own expertise, for me trading is the best way to make money. Because compared to gambling and binary options that I think
are too risky to do. I have had a bad experience with gambling, I lost a lot money when playing gambling. Because gambling can be addictive,
and make our capital run out. Even though I have never tried binary, but I know by reading a review. I am immediately not interested in binary
options after reading it. Then it's better to trade in my opinion, far more profitable.

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February 28, 2020, 10:30:00 PM
 #27

I buy and hold bitcoin, and participate into sports betting whenever I know which teams will play and if there are important leagues happening. I have tried doing your regular day-trading scenario and I know that it's just not for me. There are tons of different things you need to consider first before making your first trade, and as a busy person taking up post-grad degrees, it's hard to keep it intact and in one piece knowing that time is your enemy. A few missed minutes on the clock might cost me a fortune and I can't handle that's stress too fast, thats why I decided ro help my parents out.

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February 28, 2020, 10:45:45 PM
 #28

I buy and hold bitcoin, and participate into sports betting whenever I know which teams will play and if there are important leagues happening. I have tried doing your regular day-trading scenario and I know that it's just not for me. There are tons of different things you need to consider first before making your first trade, and as a busy person taking up post-grad degrees, it's hard to keep it intact and in one piece knowing that time is your enemy. A few missed minutes on the clock might cost me a fortune and I can't handle that's stress too fast, thats why I decided ro help my parents out.
Me too,  I prefer to hold my coin because in here theres only less risk to take just keep your coin then if the value of the market rise then I trade some of them. I only do gambling when I have extra money. This three can give you earning, there are both good to get earn but have different risk to take, if you can take all the risk and accept all the possible loses then its means you can handle all risk you might encounyer.

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February 29, 2020, 03:55:37 AM
 #29

I prefer trading for life and gambling for fun but never try binary, it will break your dream and pocket in second. Binary look's more easy than gambling/ trading but have bigger pressure, if you don't have good psychology you'll loss everything. Choose trading and try reduce the risk, the journey will give you experience to handle money and psychology on the right track.



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February 29, 2020, 05:35:09 AM
 #30

If you are okay with gambling and stuff that requires luck to get something, then gambling and binary options are the choice. I would not recommend these kind of method to earn money because you can actually lose all of your money in short span of time before you realize.

For safer method, please try trading. At least if you lose, you can still minimze the loss amount by doing cut loss method.

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February 29, 2020, 06:18:43 AM
 #31

I don't try binary options, and I prefer to do crypto trading because I see that I have more chances in crypto trading than binary options. I feel that binary options are more complicated for me, but I don't learn deeper about binary options. The risk of both crypto trading and binary options will be the same, especially if we don't learn anything and only buy and sell at a random price. That will lead us to gamble to make a profit, and that will not be recommended for new people who want to try trading. Trading will be better to make money than playing gambling because you can get many chances to buy low and sell high, and you will also have a chance to make a profit in trading.
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February 29, 2020, 07:20:29 AM
 #32

I would prefer something like trading but not really trading. What are we all working for? Money. why do we want money? So, we can have a better life. Now I am pretty sure there are super rich people here who probably want to have huge conglomerate level of money and I can totally understand them, that is fine and understandable but I am not aiming for that, and I am sure not many others neither.

What we want is enough money income that we won't have to work ever again and just simply do whatever we want in this life without working to pay for it. So, I want to invest big enough to make enough income every month to actually never have to work again. Isn't that the biggest dream billions of people have?

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February 29, 2020, 08:07:01 AM
 #33

I will never join binary options, because I have a very bad impression of it. Because it is extremely risky, and it is important that I have many exchanges created for fraudulent purposes, without any license certificates. These floors also constantly false advertising to entice new people.
I also had a bad experience in binary option the brokers do manipulate trades to favor them as a trader you can never make any tangible profit and the fixed expiry timing is also setback towards having a winning streak, I just have to learn trading which I believe is less risky and very profitable in a long term perspective while gambling is a no go area for me being the easiest way of losing money.

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February 29, 2020, 08:33:27 AM
 #34

I tried binary and it never works for me since I'm kinda get bored from it since it's not ideal for me that's why I go on trading where I can choose many alts to trade and compare to binary there are more movements in crypto where we can ride to gain a profit. I also like gambling but I didn't look for profit on this platform since there's no stability we can get  unto that and better gamble just to have fun and don't take this as money machine platform.

R


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February 29, 2020, 01:06:15 PM
 #35

I prefer both Trading and gambling, I have much experience in both gambling and trading than the binary option. Sometimes we are sticking on the things that we are doing better, I never tried binary option because it is too much for me in learning all of those and I know it is more similar on our the crypto trading we are doing but crypto trading is far better than a binary option on my opinion.

We do have our own preferences on the thing we are doing but gambling and cryptocurrency trading is one of my comfortable way of earning money online.
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February 29, 2020, 02:20:32 PM
 #36

I prefer both Trading and gambling, I have much experience in both gambling and trading than the binary option. Sometimes we are sticking on the things that we are doing better, I never tried binary option because it is too much for me in learning all of those and I know it is more similar on our the crypto trading we are doing but crypto trading is far better than a binary option on my opinion.

We do have our own preferences on the thing we are doing but gambling and cryptocurrency trading is one of my comfortable way of earning money online.
- Gambling is an interesting hobby but it is very addictive, a lot of people have spent all day time for casinos, ignoring all investment opportunities, although good control may limit this problem but when we get to gambling, it's hard for us to see the stops, almost to forget everything, so I feel like you should try to get rid of gambling in your interests, focusing more on trading to make a profit. Speaking of binary options, it is a gambling game that requires a lot of calculations and knowledge, the success rate is too low, we will often become prey to others


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February 29, 2020, 03:31:02 PM
 #37

I chose trading over gambling because trading has a way to market analysis and gambling has no way of analysis to win, seeing my friend gambling he loses big money
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February 29, 2020, 04:21:05 PM
 #38

Just like everyone I will choose trading among the list because first of all Gambling is not a way to earn profit but rather it is supposedly use for fun and non other than that. While Binary trading on the other hand posses an extreme risk that I would never to place my investment no matter what happen, because it is more likely investing in a investment that has low chance of giving a return.

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February 29, 2020, 04:34:19 PM
 #39

Some years ago, I learned how trade. So, I trade and gamble. Later, I like binary options.
Isn't Binary Options trading too? You lost me there because I know it is. Gambling is the odd one there in your list. From your story, it's obvious your problem is over confidence in your trading plan and using large lot size/stake. No trading plan or system is perfect. There are draw downs from time to time and to survive this draw down when it comes is to "not over lot size". Money Management is very important in trading.

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February 29, 2020, 04:54:46 PM
 #40

But, I later switched finally to long term trade in which i buy at low price, hold, and later sell at high price. This is where I gained more than 500% of my capital this year alone. I still trade on short term bases, but the cryptocurrencies  i used is 5% of what I used to trade on long term bases. I profit from both but the profit from long term can be higher but take long time

Cryptocurrency trading is not particularly different from gambling

It can even be considered a form of gambling in its own right. How so? Because cryptocurrencies are a zero-sum game mostly, which means that someone has to lose so that someone else could profit (think of it as musical chairs). And what adds insult to injury is the fact that there is something which can be loosely construed as house edge

These are the parties to the trade which never make a losing trade (exchanges, arbitrageurs, insiders, and their likes). In other words, if they ever trade they always win, and that leaves us, simple folks, with less trading chance since their profits are our losses, as simple as it gets

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February 29, 2020, 05:51:47 PM
 #41

If we have to pick one of these, I would say gambling is a lot more fun than the other options. I don't know about binary too much so I can't really say what it is or why I wouldn't pick it, simply I just don't know that one. Between trading and gambling tho is the fact that I am not good at trading neither, I am not capable of doing any decent trading personally so it is basically like gambling for me as well.

However, when I am gambling I do not gamble dice too much and I prefer to gamble with sportsbooks which allows me to at least study and know what I am betting on which allows me to profit a lot more. Otherwise there is really no other difference between trading and gambling if you don't know what you are doing.

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February 29, 2020, 08:12:33 PM
 #42

Gambling is one of the hell platform that i'll never recommend to anyone for earn money. Cause no matter how much you start good end of the day you will lose everything. Like you said "I still lost all my money to gambling." And i will always choose Trading over Binary Options. Cause i think in trading you have better opportunity reach success than binary options. I didn't try gambling but i tried binary options before and in my opinion Trade is way much easy, comfort and freelance than others. Of course you will loss sometimes which is part of trading but in bottom line you can stand yourself in any situation.
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February 29, 2020, 08:40:41 PM
 #43

I depends on what the person likes either Binary Option or trading. Binary options in themselves aren't too difficult to do since you rely on platforms to do it all for you, though this is extremely risky as these can get hacked and inadvertently lose your money.

In trading, at least you have some control over the different options, it can also be risky but you're handling more power than if you was to use binary options.
It's all a matter of convince and calculated risk.





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February 29, 2020, 09:15:10 PM
 #44

Some years ago, I learned how trade. So, I trade and gamble. Later, I like binary options.
Isn't Binary Options trading too? You lost me there because I know it is. Gambling is the odd one there in your list. From your story, it's obvious your problem is over confidence in your trading plan and using large lot size/stake. No trading plan or system is perfect. There are draw downs from time to time and to survive this draw down when it comes is to "not over lot size". Money Management is very important in trading.
Yeah its trading but it is somewhat like  gambling yet you would need to guess only two things which is either higher or lower into the price you bought in.

This can be studied though unlike gambling which do really based on luck most of the time but i havent tend to engaged with BO yet i dont really trust up much those
platforms when it comes to their price tickers.

Trading would be the best choice for long term.

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February 29, 2020, 09:45:02 PM
 #45

Some years ago, I learned how trade. So, I trade and gamble. Later, I like binary options.
Isn't Binary Options trading too? You lost me there because I know it is. Gambling is the odd one there in your list. From your story, it's obvious your problem is over confidence in your trading plan and using large lot size/stake. No trading plan or system is perfect. There are draw downs from time to time and to survive this draw down when it comes is to "not over lot size". Money Management is very important in trading.
Yeah its trading but it is somewhat like  gambling yet you would need to guess only two things which is either higher or lower into the price you bought in.

This can be studied though unlike gambling which do really based on luck most of the time but i havent tend to engaged with BO yet i dont really trust up much those
platforms when it comes to their price tickers.

Trading would be the best choice for long term.

binary option are now popular these days  . i always see them anywhere being advertise and for sure many people already enter and try it  more than cryptos but for me crypto trading is still better because like what you said binary option are like gambling but with a twist of trading   .  actually crypto trading or simply trading is are like gambing too due to the risk and because they are unpredictable too , add in the volatility of crypto and manipulation  but gambling has the highest risk of them all although gambling is enjoyable  .  in short all three of them have thier own specialty    .
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February 29, 2020, 10:23:39 PM
 #46

If we have to pick one of these, I would say gambling is a lot more fun than the other options. I don't know about binary too much so I can't really say what it is or why I wouldn't pick it, simply I just don't know that one. Between trading and gambling tho is the fact that I am not good at trading neither, I am not capable of doing any decent trading personally so it is basically like gambling for me as well.

However, when I am gambling I do not gamble dice too much and I prefer to gamble with sportsbooks which allows me to at least study and know what I am betting on which allows me to profit a lot more. Otherwise there is really no other difference between trading and gambling if you don't know what you are doing.

That's your way of freedom on spending and nobody can stop us of playing gambling. But with my own opinion, we can't link gambling over trading, because in trading you won't lose both capital and profit. You're still have the option to sell or dump when you see the trading isn't working, but on gambling nothing will be recovered when you already bet for any of those betting games.
Trading is one of the most effective, as long as you're equipped with skills and self motivations.

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February 29, 2020, 10:28:12 PM
 #47

Gambling is actually not the right place for me. I tried several times in gambling but it never works for me and it seems to be that I don't have luck in there. This is purely a luck based game unlike in trading.

Though trading could be at high risk but many were having this one cause it is profitable when you can manage your funds and self in here. The most reason why people keep failing in trading is because of emotions and mindset. We are looking for the best place to stay and to become profitable. It sometimes we feel bad about the situation that we have but that is life and that is why we have to choose the place where we feel comfortable doing with either in gambling or in trading.

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February 29, 2020, 11:33:42 PM
 #48

Yeah, it's better to trade in my opinion than gambling, because my experience in gambling can spend money in an instant. Although trading is also very risky, but trading we can still manage the risk of loss and if the market is in good condition it will be very profitable, especially if you are already proficient and have many hours of flying in trading.

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March 01, 2020, 01:50:08 AM
 #49

I do both trading and gambling.
At first I only do trading preferably altcoin trading and margin trading. Then decided to try out gambling and sports betting. When doing some trades, we have a basis like technical analysis. While in gambling, no effective strategies in the long run but purely base on luck itself. However, I am both enjoying them so far.

For now, I am still doing some DYOR about binary options. Haven't try it but I am well interested to do some binary trading in the future.
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March 01, 2020, 03:27:24 AM
 #50

Of the three issues, I would probably prefer trading because it depends on your correct judgment. As for gambling and binary options, I do not dare to play because most people have a clear rule for themselves, they should play, otherwise they will lose a lot of property

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March 01, 2020, 03:47:17 AM
 #51

I tried about binary options maybe 10 years ago or so. I was also tricked by the "deposit bonus" non sense. And basically the binary options had available 60 second contracts, so I figured how hard can it be. Was I in for a surprise.

First of all, using any binary options less than 60 minutes is basically a coin-flip, there is some much randomness out there in a timeframe that low, its pretty much a gamble. Only time is maybe when there is some news report out like employment numbers.

Second of all is that "deposit bonus", the trick is. If you accept the deposit bonus, take a few trades and then find out that you will never make any money this way and try to withdraw you won't be able too. Why? Because you need a certain roll-over and the roll-over is very high, so most likely due to huge house edge you will lose all your money. Hence why its not allowed in USA.

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March 01, 2020, 07:33:07 AM
 #52

I do both trading and gambling.
At first I only do trading preferably altcoin trading and margin trading. Then decided to try out gambling and sports betting. When doing some trades, we have a basis like technical analysis. While in gambling, no effective strategies in the long run but purely base on luck itself. However, I am both enjoying them so far.

For now, I am still doing some DYOR about binary options. Haven't try it but I am well interested to do some binary trading in the future.

Be careful if you still playing gambling because you know the danger of playing gambling. But for playing gambling with little money will not be a problem because we don't risk too big money in gambling, but you need to know when to stop in gambling.

In trading, you can have the opportunity to make a profit bigger than playing gambling because you have so many coins that can allow you to buy and sell and make a profit.

Binary will need more knowledge because if we know about crypto trading, it doesn't mean that we can use the skills to analyze in binary options. You still need to learn another lesson about binary options.
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March 01, 2020, 09:12:02 AM
 #53

I do both trading and gambling.
At first I only do trading preferably altcoin trading and margin trading. Then decided to try out gambling and sports betting. When doing some trades, we have a basis like technical analysis. While in gambling, no effective strategies in the long run but purely base on luck itself. However, I am both enjoying them so far.

For now, I am still doing some DYOR about binary options. Haven't try it but I am well interested to do some binary trading in the future.

Be careful if you still playing gambling because you know the danger of playing gambling. But for playing gambling with little money will not be a problem because we don't risk too big money in gambling, but you need to know when to stop in gambling.

In trading, you can have the opportunity to make a profit bigger than playing gambling because you have so many coins that can allow you to buy and sell and make a profit.

Binary will need more knowledge because if we know about crypto trading, it doesn't mean that we can use the skills to analyze in binary options. You still need to learn another lesson about binary options.
The problem on gambling is depending on the persons doing, Not every one of us can be addicted after winning or losing some money, But it's true that when you are addicted it is hard to stop playing gambling and it might cause you trouble in the long run. The advantage is it is a fast way to earn money than trading and other ways. On trading, on the other hand, is safer and will not let you get bankrupt in an instant but it requires more knowledge to be able to have a successful trade.
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March 01, 2020, 12:55:28 PM
 #54

I do both trading and gambling.
At first I only do trading preferably altcoin trading and margin trading. Then decided to try out gambling and sports betting. When doing some trades, we have a basis like technical analysis. While in gambling, no effective strategies in the long run but purely base on luck itself. However, I am both enjoying them so far.

For now, I am still doing some DYOR about binary options. Haven't try it but I am well interested to do some binary trading in the future.

Be careful if you still playing gambling because you know the danger of playing gambling. But for playing gambling with little money will not be a problem because we don't risk too big money in gambling, but you need to know when to stop in gambling.

In trading, you can have the opportunity to make a profit bigger than playing gambling because you have so many coins that can allow you to buy and sell and make a profit.

Binary will need more knowledge because if we know about crypto trading, it doesn't mean that we can use the skills to analyze in binary options. You still need to learn another lesson about binary options.
The problem on gambling is depending on the persons doing, Not every one of us can be addicted after winning or losing some money, But it's true that when you are addicted it is hard to stop playing gambling and it might cause you trouble in the long run. The advantage is it is a fast way to earn money than trading and other ways. On trading, on the other hand, is safer and will not let you get bankrupt in an instant but it requires more knowledge to be able to have a successful trade.

Today there are a lot of methods that can we use to make more earnings with the use of cryptocurrency and fiat currency and most of the method on it is the investment. This is just a simple if you would like to follow the rule of buy low and sell high by that you can make a profit quickly still it depends on the person how they manage their outcome about this market price. Next, we have gambling this game is full of fun and excitement many people want to play around and go to a casino to experience the ambience of their desired to play; this game requires a lot of knowledge, technique and experience to make sure you will win the game. Lastly is the trading that you will need to predict the market price of the currency and it looks like easy but be aware that the price of the coins are volatile there is a chance you will lose your money because of it. All of those possible can earnings I use is gambling because I love to predict sports, and it is too easy to identify which team will win the game, and I got my profit.

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March 01, 2020, 03:36:07 PM
 #55

I don't know anything yet about binary options so that I can prefer to choose trading and gambling.

Trading and gambling is good way to earn more money they have advatanges and disadvatanges doing this two but what I like is I earn money and that is the important they have risk in my money but I can manage it and as far now Im happy doing this .

 
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March 01, 2020, 04:57:09 PM
 #56

Gambling is one of the hell platform that i'll never recommend to anyone for earn money. Cause no matter how much you start good end of the day you will lose everything. Like you said "I still lost all my money to gambling.
I strongly disagree with this coz if you can't really win then why are you playing or gambling? Gambling is not profitable when you are only thinking of the profit. As a gambler for a while now, I don't really intend to gain a profit in a day, I just think on how to win a game as for me, I play poker and other table games like blackjack.

"[/i] And i will always choose Trading over Binary Options. Cause i think in trading you have better opportunity reach success than binary options. I didn't try gambling but i tried binary options before and in my opinion Trade is way much easy, comfort and freelance than others. Of course you will loss sometimes which is part of trading but in bottom line you can stand yourself in any situation.
anything is potentially a profit gainer it just depends on who handles it.
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March 01, 2020, 05:18:15 PM
 #57

The binary options are very dangerous. I tried it 5 years ago. And got very bad results which is very scary. Binary options can bring you huge losses in a short period of time. As like gambling. Binary options seems like complete gambling to me. I have lost some of my funds in binary options. I know many people who have lost their all funds in binary options. So now I do crypto trading. Trading will help you get to the right place if you have good knowledge about trading. 

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March 03, 2020, 06:20:31 PM
 #58

I did Binary options for a while, I manage to get good results, all you need it's good money management.  I guess In all type of trading you need good Money Management,  about 2-3% of your capital available for investments.  All trading its a gamble, anything can happen in a blink of an eye.
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March 03, 2020, 06:47:44 PM
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 #59

I did Binary options for a while, I manage to get good results, all you need it's good money management.  I guess In all type of trading you need good Money Management,  about 2-3% of your capital available for investments.  All trading its a gamble, anything can happen in a blink of an eye.
This is the first time I do hear about positive review/opinion about binary option. Are you still doing it? I'm really curious to know about your special strategy for binary options. You are emphasizing about money management in binary option; I believe you must be right because you definitely do not need any big technical skills and capabilities for binary option but you must need to focus on not spending big money for the own particular order and need to manage your capital according to the risk levels. This way I guess, you have managed to make profits from binary option.

I do not agree that all the trading are gambling because even anything may happen at the blink of eye, it will be possible to avoid such a big thing to happen. It is all about when to trade and when to stay away.

After money management you must need to manage your emotions accordingly so that you enter into action only when tides are in your direction.

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March 03, 2020, 06:54:11 PM
 #60

Binary options can only be profitable in forex trading, that too when you are an expert in determining the price levels as well as at least 70% idea of where the market will be heading towards, but forex trading still gives you chances in making money through binary options while only doing it whenever a news release is about to happen and you're damn sure about the results as well as what it'll paint over the charts. Whereas if you're doing it for crypto, you should rather go for trading as crypto is not everyone's cup of tea and choosing binary options to make money through crypto predictions is an extremely stupid idea. You also need to prevent yourself from getting scammed by brokers who, at first, give you perks and then just add a wick when you play big and make you lose as their system is rigged, or they just never let you withdraw at all.

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March 03, 2020, 06:56:51 PM
 #61

Actually, I prefer focusing on one domain which is trading, the quantity is not important when you have a lack of knowledge in these fields. Plus, I definitely disagree that gambling is a constant source of money and the opposite is true in my opinion, that field is too risky and to be honest, I have seen a lot of addicted gamblers, they lost all their money this led to negative consequences like, stealing money...ect
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March 03, 2020, 07:04:41 PM
 #62

I tried about binary options maybe 10 years ago or so. I was also tricked by the "deposit bonus" non sense. And basically the binary options had available 60 second contracts, so I figured how hard can it be. Was I in for a surprise.

First of all, using any binary options less than 60 minutes is basically a coin-flip, there is some much randomness out there in a timeframe that low, its pretty much a gamble. Only time is maybe when there is some news report out like employment numbers.

Second of all is that "deposit bonus", the trick is. If you accept the deposit bonus, take a few trades and then find out that you will never make any money this way and try to withdraw you won't be able too. Why? Because you need a certain roll-over and the roll-over is very high, so most likely due to huge house edge you will lose all your money. Hence why its not allowed in USA.
Binary options are in my opinion very similar to gambling and while I enjoy gambling and have fun with it I am not really expecting to make any kind of money with it and binary options seems like a deceptive investment product to me, binary options are just like gambling except you do not get any fun out of it, so if what you are looking for is to get money then you need to learn how to trade the traditional way and if you are looking for some fun with your money then gambling is the correct option.

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March 03, 2020, 07:24:55 PM
 #63

I did Binary options for a while, I manage to get good results, all you need it's good money management.  I guess In all type of trading you need good Money Management,  about 2-3% of your capital available for investments.  All trading its a gamble, anything can happen in a blink of an eye.
Yes and you need to be responsible in order not to lose everything in a split of a second, knows your limits and don't take the pressures without
thinking wisely. What is important dealing with this activities is proper judgement and good anticipations and adjustment when you are not seeing
things favorable to your position.

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March 03, 2020, 09:51:38 PM
 #64

Actually, I prefer focusing on one domain which is trading, the quantity is not important when you have a lack of knowledge in these fields. Plus, I definitely disagree that gambling is a constant source of money and the opposite is true in my opinion, that field is too risky and to be honest, I have seen a lot of addicted gamblers, they lost all their money this led to negative consequences like, stealing money...ect
All of them are risky but basically, gambling has the highest risk of them all. Otherwise, all of them doesn't guarantee profit except you have learned the hardest way of making a strategy like in BOs and Trading.

Same goes in gambling but for few specific games.



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Rainbot
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March 04, 2020, 06:21:08 PM
 #65

Actually, I prefer focusing on one domain which is trading, the quantity is not important when you have a lack of knowledge in these fields. Plus, I definitely disagree that gambling is a constant source of money and the opposite is true in my opinion, that field is too risky and to be honest, I have seen a lot of addicted gamblers, they lost all their money this led to negative consequences like, stealing money...ect
All of them are risky but basically, gambling has the highest risk of them all. Otherwise, all of them doesn't guarantee profit except you have learned the hardest way of making a strategy like in BOs and Trading.

Same goes in gambling but for few specific games.
Sportsbook can be considered as profitable source of income but still not everyone can do it so trading is the best compared to binary/options trading just ignore the game its not the source of money making it depends on your luck and skills.
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March 06, 2020, 04:04:21 PM
 #66

I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here

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March 06, 2020, 10:03:31 PM
 #67

I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
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March 07, 2020, 08:27:13 PM
 #68

I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
Everyone has their own cons and pros. Even some might treat binary options as their whole and sole source of income as they might even make great profits from that. But for us traders, we always find major profits in trading as we have experience in this field.

Not each of us might be having same thought and that is the reason why there are a number of platforms available with cryptocurrencies to start earning our wages. I never think about gambling as it have never served me with profits but major times I only had loss perhaps only because gambling is not meant for me. We should understand where we would fit in and start giving our best in the selected field.
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March 07, 2020, 11:51:56 PM
 #69

I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
Everyone has their own cons and pros. Even some might treat binary options as their whole and sole source of income as they might even make great profits from that. But for us traders, we always find major profits in trading as we have experience in this field.

Not each of us might be having same thought and that is the reason why there are a number of platforms available with cryptocurrencies to start earning our wages. I never think about gambling as it have never served me with profits but major times I only had loss perhaps only because gambling is not meant for me. We should understand where we would fit in and start giving our best in the selected field.
For me both are really good to get earn particularly in trading but there's a thing traders should to especially to those newbie they should know how to monitor the market because this is the only tool can help them to know if its good to trade or not. Trading, gambling and binary are helpful to get earn but before doing this need a knowledge and they have skilled too.

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March 08, 2020, 01:19:02 AM
 #70

I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
Everyone has their own cons and pros. Even some might treat binary options as their whole and sole source of income as they might even make great profits from that. But for us traders, we always find major profits in trading as we have experience in this field.

Not each of us might be having same thought and that is the reason why there are a number of platforms available with cryptocurrencies to start earning our wages. I never think about gambling as it have never served me with profits but major times I only had loss perhaps only because gambling is not meant for me. We should understand where we would fit in and start giving our best in the selected field.
For me both are really good to get earn particularly in trading but there's a thing traders should to especially to those newbie they should know how to monitor the market because this is the only tool can help them to know if its good to trade or not. Trading, gambling and binary are helpful to get earn but before doing this need a knowledge and they have skilled too.

Trading- Skills and experience
Gambling-  Pure luck
Binary options- A mix of both things.


Therefore, i can say that their entirely different when it comes to money earning or profits.Preference will vary if you do
seek for entertainment or just aiming for long term aspects.

R


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March 08, 2020, 10:57:05 AM
 #71

I do only trading regularly and gambling rarely , trading suits me best then gambling may be i understand trading good , never tried Binary options heard some words about binary options that its very risky , is it true ?
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March 11, 2020, 07:55:35 AM
Merited by maydna (1)
 #72


Among the three options, my friend told me that binary options are extremely risk among the trading and gambling. And it we don’t have any knowledge about that so that I didn’t want to try the binary options anymore. I’m just only stick with trading and gambling. But for me, the best way in earning profit is trading because it doesn’t need so much time to earned unlike the gambling you need to play all day to earned a profit and not surely if you win in every time you’d played so that in gambling are most consuming than trading. In addition, trading is a long term to earned profit but it really sure that we earned, and for gambling it is only a pure entertainment, not for earning a high profits.

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March 11, 2020, 08:31:01 AM
 #73


Among the three options, my friend told me that binary options are extremely risk among the trading and gambling. And it we don’t have any knowledge about that so that I didn’t want to try the binary options anymore. I’m just only stick with trading and gambling. But for me, the best way in earning profit is trading because it doesn’t need so much time to earned unlike the gambling you need to play all day to earned a profit and not surely if you win in every time you’d played so that in gambling are most consuming than trading. In addition, trading is a long term to earned profit but it really sure that we earned, and for gambling it is only a pure entertainment, not for earning a high profits.


Your friend is right. Without having enough skills in binary trading, we will be difficult to make a profit because I think binary trading is more complex than crypto trading. But that will be the same thing if we don't have skills in crypto trading because no matter what we do, we need to learn more about crypto trading and binary trading.

But if you learn more about gambling, I think you will need to know the big risk inside gambling because playing gambling can make you get a big loss in the long term. Trading will be good for making money, but you should remember that trading will also need the patience to make a profit.
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March 11, 2020, 10:56:32 AM
 #74

Well, I'm a quite experienced trader, but now I'm pretty into cryptocurrency gambling. It was hard to start because I thought that it won't be profitable, but it is. Of course it is also about your experience in trading but it's possible to learn that. I recommend you to check some gambling platforms like for example CryptoGamble and just start gambling. It's another level of investing in cryptocurrencies.
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March 16, 2020, 05:17:09 PM
 #75

I’d go for the other two, but as for gambling? That’s the last thing I’m ever going to consider lol. I know there are lots of people who love gambling and there are people it works for, but I still don’t like it and I have never tried, it’s just not something that I like. I have seen people that gambling ruined their life, maybe because they were addicted to it or whatever.

I prefer trading and I have also tried binary options, though it’s not an easy thing to do, same thing with trading, they are difficult and you will have to study the market to know where it’s really heading to. As for gambling you’re relying on luck.
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March 16, 2020, 05:35:44 PM
 #76

Binary trading is simply like trading the only difference is that you are betting at a certain time to where the direction of the trend. It can be learned well but there is broker who would do it in crypto these days, probably because of the transaction fees.  Binary trading platform with EOS.io will probably work best since transactions are technically free.

There are few today but are just p2p binary trading platform which one would bet to counter your bet, anyone tried it with https://game.bullsvsbears.io ?  The binary platform is with TRON.

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March 18, 2020, 04:03:09 PM
 #77

Suppose we proceed from which option to choose and why? Let's look at the risks that each of the options implies:
Gambling - a 50/50 chance, binary options - similarly, but with a win you get x2, I would bet only the money that I’m ready to lose. Trading is a “prospect” option, the risks are much less and you can exit at any time.
From the above, it is better to choose trading, options and gambling - this is more entertainment than ways to make money
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March 18, 2020, 05:50:03 PM
 #78

If you give me options between the three then I would choose trading because I have done trading and have a little experience in it as well.
Gambling is more of luck in my opinion and it can not yield profits constantly. I haven't tried binary options yet since I have heard that it's risky.
Trading is a better choice here since you would actually know what you are doing with your money.

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March 19, 2020, 01:46:09 PM
 #79

I want to say that the problem you faced earlier by jumping up and down different carrier or business is the reason that people in trading businesses don't succeed. They fear losses but don't want to do the right thing by cutting down on risk levels. You can do all of you have knowledge but if not, we can still to the one aspect we have trained ourselves to understand or we quit.
You have been able to put yourself into one aspect and that is good for you.
Knowledge is the most valuable aspect of day to day activities of every person but greed/buzz can jeopardize everything if not put in check.
What I'm trying to say is that having knowledge about something is not enough if ones don't have control over his emotion, affection, buzz and greed level because these are what always leads to the loss of people in the crypto world including the highly experienced investors.

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March 19, 2020, 07:20:58 PM
 #80

I want to say that the problem you faced earlier by jumping up and down different carrier or business is the reason that people in trading businesses don't succeed. They fear losses but don't want to do the right thing by cutting down on risk levels. You can do all of you have knowledge but if not, we can still to the one aspect we have trained ourselves to understand or we quit.
You have been able to put yourself into one aspect and that is good for you.
Knowledge is the most valuable aspect of day to day activities of every person but greed/buzz can jeopardize everything if not put in check.
What I'm trying to say is that having knowledge about something is not enough if ones don't have control over his emotion, affection, buzz and greed level because these are what always leads to the loss of people in the crypto world including the highly experienced investors.

To be honest, I don’t consider gambling as a good source of income.  For me, the most feasible direction for generating income is daily cryptocurrency trading.  Of course, there are certain risks, but nevertheless I know what I trade and what I own.  But this is a separate topic for discussion.  I have never dealt with binary options, but based on individual user reviews, I am afraid of this activity.  It seems to me that putting money into binary options is not a purchase of an asset, but an investment in a binary broker, on which your profit depends.  In other words, you do not own anything at all.

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March 19, 2020, 07:42:28 PM
 #81

I want to say that the problem you faced earlier by jumping up and down different carrier or business is the reason that people in trading businesses don't succeed. They fear losses but don't want to do the right thing by cutting down on risk levels. You can do all of you have knowledge but if not, we can still to the one aspect we have trained ourselves to understand or we quit.
You have been able to put yourself into one aspect and that is good for you.
Knowledge is the most valuable aspect of day to day activities of every person but greed/buzz can jeopardize everything if not put in check.
What I'm trying to say is that having knowledge about something is not enough if ones don't have control over his emotion, affection, buzz and greed level because these are what always leads to the loss of people in the crypto world including the highly experienced investors.

To be honest, I don’t consider gambling as a good source of income.  For me, the most feasible direction for generating income is daily cryptocurrency trading.  Of course, there are certain risks, but nevertheless I know what I trade and what I own.  But this is a separate topic for discussion.  I have never dealt with binary options, but based on individual user reviews, I am afraid of this activity.  It seems to me that putting money into binary options is not a purchase of an asset, but an investment in a binary broker, on which your profit depends.  In other words, you do not own anything at all.
Binary options is just some sort of gambling imho yet you would need to guess on the price either lower or higher on the amount you had entered.
The difference here is that you do able to analyze the charts when predicting prices compared when you do totally gamble up on random basis.
Gambling is never been considered as a viable source of income but rather for entertainment but people do treat on other way that why theyve been
hooked in addiction and in result to loss of money.

R


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March 19, 2020, 08:38:35 PM
 #82

Trading is my expertise...
I don't care about the words of others who say gambling or Binary can get money quickly, I only focus on trading because I have honed my analytical skills in trading



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March 20, 2020, 06:58:17 AM
 #83

For me trading is a reliable way to earn but not as a day trader but for long term holding strategy. I've been doing this for years now and already earned decent amount from it. It requires guts and lots of patience to become a long term holder because not all the time what you expected can happen. On the other side I think gambling should not be treated as a way to earn because its quite risky.

I have not tried binary options so I dont have experience that I can share by doing this.


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March 20, 2020, 07:22:55 AM
 #84

My biggest choice is trade I never worked on gambling or binary options and have no idea about them But I think gambling usually depends on luck. I like to trade from the beginning. I have made a lot of profit by trading long term trade. Now the currency prices are much lower now buying and holding these holdings will bring a lot of profit in the front because prices are likely to rise.

.
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wozzek23
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March 20, 2020, 09:33:19 AM
 #85

You forgot to mention Hodl (long term investment) or is it under trading as well?
Out of the three things you have mentioned I have only been into binary options trading and nothing else.

As for cryptocurrency I just hold and wait for the right time when the price would go up and I will sell my coins and make profit. What people don’t know , they will say that it’s a scam. I have seen lots of people that are saying that binary options are scam, but the truth that these people are the ones that don’t know anything about trading binary options, so they end up losing their money and then say that they were scam lol.
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March 20, 2020, 12:54:33 PM
 #86

Trading is my expertise...
I don't care about the words of others who say gambling or Binary can get money quickly, I only focus on trading because I have honed my analytical skills in trading

Hope people could learn a thing from you.

A lot of people want to earn money but they don't do things to achieve that, usually people nowadays think that money will approach them but it is the opposite. People should really prefer trading or maybe binary options if you have the capital or money to start with. Always remember that you could lose all of your money in gambling while in trading, you can lose but not all of it but just the percentage of it.
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March 20, 2020, 01:16:35 PM
 #87

I prefere trading, it's the most profitable and it makes the most sense.
Gambling is not meant to make profit but for fun and that is how I treat it, a leisure for my free time.
Binary options are two risky and personaly I don't like it, in fact I find it as a shady business.
For someone who is seriously involved in Bitcoin, trading is the best.

I also prefer trading and holding. It's important for me to be careful and invest with peace.
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March 20, 2020, 01:38:46 PM
 #88

Trading is my expertise...
I don't care about the words of others who say gambling or Binary can get money quickly, I only focus on trading because I have honed my analytical skills in trading
- Agree, we should participate in what our skills allow and can make a profit, and here, trading is a top priority job when it has been proven that it is possible through skills to optimize the income stream, while on the other side, Binary and gambling, both are really options that can make money quickly but these are just advertisements from casinos or some players that are lucky enough. Especially both are the markets where big bosses control, the odds of us being lucky will become lower, I won't choose what I love, I choose what suits me.


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March 20, 2020, 02:43:18 PM
 #89

It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.
That's right, gambling only makes you lose your assets, it's full of risk, you only need a fortune to win in gambling. In contrast to Trading where we have to really learn how to read charts by analyzing technical or fundamental.

Gambling is never an option and it will never support you for life. Luck is not always at your side and it is very difficult to know when it will come to your life. You have no idea what is your fate in gambling because the result it unknown. No matter how good you are, no matter how good your strategy is, but if you are really not lucky enough to win the betting, then you strategy is senseless. Trading can be manipulated by how good your predictions are and how patient you are. Trading can also give you excitement most especially when you have a successful trade each and everyday. Also if you are gaining profits out of it and prevent losing your money.

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March 20, 2020, 04:24:53 PM
 #90

I appreciate writing about your experience in trading gambling and binary options. I prefer to trade and do data analysis, I am happy with data processing and making technical analysis. I was also attracted to binaries and some forex.

gambling is a zero-sum game, where half of the people for and half of the loss. This is interesting because many people come only with capital.

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March 20, 2020, 11:54:22 PM
 #91

I want to say that the problem you faced earlier by jumping up and down different carrier or business is the reason that people in trading businesses don't succeed. They fear losses but don't want to do the right thing by cutting down on risk levels. You can do all of you have knowledge but if not, we can still to the one aspect we have trained ourselves to understand or we quit.
You have been able to put yourself into one aspect and that is good for you.
Knowledge is the most valuable aspect of day to day activities of every person but greed/buzz can jeopardize everything if not put in check.
What I'm trying to say is that having knowledge about something is not enough if ones don't have control over his emotion, affection, buzz and greed level because these are what always leads to the loss of people in the crypto world including the highly experienced investors.

To be honest, I don’t consider gambling as a good source of income.  For me, the most feasible direction for generating income is daily cryptocurrency trading.  Of course, there are certain risks, but nevertheless I know what I trade and what I own.  But this is a separate topic for discussion.  I have never dealt with binary options, but based on individual user reviews, I am afraid of this activity.  It seems to me that putting money into binary options is not a purchase of an asset, but an investment in a binary broker, on which your profit depends.  In other words, you do not own anything at all.
Binary options is just some sort of gambling imho yet you would need to guess on the price either lower or higher on the amount you had entered.
The difference here is that you do able to analyze the charts when predicting prices compared when you do totally gamble up on random basis.
Gambling is never been considered as a viable source of income but rather for entertainment but people do treat on other way that why theyve been
hooked in addiction and in result to loss of money.
@Arkann, gambling is a game of chance and even a genuine gambling site will never tell you gambling is a good source of income. What important most is every individuals understand the part thats work for him and put is buzz/greed in check. Mind you, gambling which you and i see as something risky, someone gambler see it as the way to survive and it work for them.
@Mahanton, binary option is like gambling but also work for people that follow whales movement.

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March 23, 2020, 08:35:23 AM
 #92

You should not even be confused in between trading, gambling and binary options if you really are good at trading. You should only concentrate on trading and try to enrich your skills by practically experiencing many more things. Checking out your list gives me a rough estimate that you do posses some great skills which would be most useful for you in the coming future.

Trading can serve us with great profits if you have the knowledge and ability to make great research. Never follow anyone else's TA but instead try to make your own technical analysis and you would surely make great profits. I am not sure about binary option and gambling but I could confidently suggest you to go for trading only.

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March 23, 2020, 02:17:20 PM
 #93

You posted this in the Trading section so expect that you will get replies that they prefer Trading than Gambling. Binary option is almost the same as Trading or it is trading in a different way because you will predict the direction if it is going up or down. You base your decision of research and market condition.
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March 26, 2020, 08:29:14 PM
 #94

Trading is just on a world of its own when compared to other two, it doesn't have the thrill of the others but it also provides food for your table if you know what you are doing. On gambling there is usually a house edge unless you are playing a pvp game like poker against other players but even with that house gets their cut from the pot so it is not really perfect.

On binary things are a bit different but honestly you can not really trust yourself when it comes to binary since it is insanely risky as well, one mistake and all your money gone and that is too much risk to take for me. However when it comes to trading it is less riskier and it usually is simple if you know what you are doing and you give it some time to recover when you fail as well.

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March 26, 2020, 08:46:32 PM
 #95

I appreciate writing about your experience in trading gambling and binary options. I prefer to trade and do data analysis, I am happy with data processing and making technical analysis. I was also attracted to binaries and some forex.

gambling is a zero-sum game, where half of the people for and half of the loss. This is interesting because many people come only with capital.
A game of luck though with binary you can also relied with news that will comes up and do some analyze in order to anticipate what can be
the next market movements.
Trading if aiming for holding with specific time period also gives some weight with your investment.

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March 27, 2020, 07:33:19 AM
 #96

Every job seems too difficult before it starts There are many experienced gambling professionals in cryptocurrency  but they seem to have nothing to lose but they are completely gambling The amount of loss is greater than the gains in gambling. I like trading from gambling too If the price is reduced while trading then the price increases but if you lose the gambling everything ends at once.

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BitcoinTurk
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March 27, 2020, 10:55:30 AM
 #97

To mention about my binary options experiences, I think it is a method of fraud that should never be used. Even though I have done binary options trading for a very short time, I would like to say that even gambling is a much safer method than this method. Although I don't like to compare gambling with investment tools, I would like to say again that the binary options option is definitely not a method that can be used and you can make money. On the other hand, I would like to mention that earning money with gambling is just a dream, since gambling always earns cash, although it is a chance to win. Gambling is something that should be played only for pleasure. To write something about myself, I only play gambling for pleasure and I do not use binary options scams either. For this reason, my preference and suggestion will be trading.
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March 27, 2020, 11:09:07 AM
 #98

You posted this in the Trading section so expect that you will get replies that they prefer Trading than Gambling. Binary option is almost the same as Trading or it is trading in a different way because you will predict the direction if it is going up or down. You base your decision of research and market condition.
LOL, you're right. it's just that I think people who trade, sometimes also do gambling games, even though I don't.
Well, I prefer trading over other options. I prefer to move with strategy than a move by depending on luck.
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March 27, 2020, 02:05:01 PM
 #99

To be honest, I don’t consider gambling as a good source of income.  For me, the most feasible direction for generating income is daily cryptocurrency trading.  Of course, there are certain risks, but nevertheless I know what I trade and what I own.  But this is a separate topic for discussion.  I have never dealt with binary options, but based on individual user reviews, I am afraid of this activity.  It seems to me that putting money into binary options is not a purchase of an asset, but an investment in a binary broker, on which your profit depends.  In other words, you do not own anything at all.
Binary options is just some sort of gambling imho yet you would need to guess on the price either lower or higher on the amount you had entered.
The difference here is that you do able to analyze the charts when predicting prices compared when you do totally gamble up on random basis.
Gambling is never been considered as a viable source of income but rather for entertainment but people do treat on other way that why theyve been
hooked in addiction and in result to loss of money.
Thanks a lot.  You are just very accurately you said what my concerns were.  Since I am not a fan of gambling, binary options are no longer available to me psychological.  But I am really familiar with people for whom Excitement is vital and with the appropriate experience. These people can receive a good and even stable income through gambling, which always surprised me.  Including trading binary options for gambling retailers is a worthwhile find.  But this kind of activity is really not for me  Grin and maybe the circle of people who do it is very small.

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March 28, 2020, 05:00:10 PM
 #100

Well, I think that any of these ways can be a great source of money. It's all about finding something that can make you money on a regular basis. That's why there is such a variety, because everyone is looking for something for themselves. In my subjective opinion, the most profitable option for making money on a regular basis is forex, because this is the format that has clear and accessible ways to analyze, which allows you to find the situation on the market at any time, which will allow you to earn here and now. On the other hand, this format is so gambling, so you have a better chance that you will take it seriously. It's about how you feel about it.
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March 28, 2020, 06:27:45 PM
 #101

I won't prefer gambling because it is not believable at all. In my experience, gambling too much will lead you too a zone call "blind betting", it is when you are really need to stop gambling. Gambling just for fun not for making money. However I think trading is suitable although its profit at first is not very big but it will make you to used to trading and market place.
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March 28, 2020, 07:06:00 PM
 #102

I will go for trading any day. Gambling is just like a video game and not business. Its motivation is pure greed or how do you explain someone aiming high on nothing without greed? This is the way I view it. As for binary option, it plays out like a normal buying and selling too except that you need a special kind of skill to trade it.
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March 28, 2020, 07:40:47 PM
 #103

Trading is definitely recommend in my opinion. I have been experiencing these platform. Although i'm short term trader but it’s my favourite from your others options. I wouldn’t make big comparison both of trading and binary option, these are trading related platform. But gambling is very different platform both of them, it’s not for everyone i think.                 

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March 29, 2020, 04:33:40 AM
 #104

I like both gambling and trading because this two is give me a good profit but gambling is this year only because when Im play before Im addicted in using my money and all my savings was gone because of the gambling but after controlling ny self I now earning and I added to my list that way of earning money.

But ever since trading is my favorite and my priority is that because I earn more money to this than the other way and I hope I can get more money to trading this year.
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March 29, 2020, 05:03:55 AM
 #105

Every job seems too difficult before it starts There are many experienced gambling professionals in cryptocurrency  but they seem to have nothing to lose but they are completely gambling The amount of loss is greater than the gains in gambling. I like trading from gambling too If the price is reduced while trading then the price increases but if you lose the gambling everything ends at once.

I think they are experienced gamblers but not professionals.

I don't know the basis of being a professional but I know for a fact that there are a lot of experienced gamblers and traders here in the forum. There are still those gamblers that are still inexperienced here when it comes to gambling but one thing is for sure, trading is better than the two options given because of the fact that we are not basing on luck and a 50% chance of having a profit but we have strategies, indicators and analysis to do.
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March 29, 2020, 07:29:20 AM
 #106

What you don't know and what you know is very important as well as being able to say "I am out of my depth" is really important as well, that is what is missing from a lot of the traders. Gamblers know that there is 99% chance that they will lose their money, they would be super lucky if they end up winning after a long streak, or at least they know they can go all in once and if they win just get out.

Binary is something I have never been part of so I can't talk about those people. However comparing gamblers and traders, gamblers know that they will lose and still gamble thinking maybe they will win, that is their problem, traders know that what they should do and most of the time have the blueprint but they put emotions into it and end up losing that is their problem.
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March 29, 2020, 09:09:18 AM
 #107

I will go for trading any day. Gambling is just like a video game and not business. Its motivation is pure greed or how do you explain someone aiming high on nothing without greed? This is the way I view it. As for binary option, it plays out like a normal buying and selling too except that you need a special kind of skill to trade it.

Oh I would love to see guys like you sharing with us their "business" strategies for trading. Are you saying your motivation for trading is not greed? I mean, look at all the signals and ads related to trading, it is about making money easily and from strategy and right calls. Gambling ads are about having fun and winning big.

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March 29, 2020, 02:02:19 PM
 #108

I like both gambling and trading because this two is give me a good profit but gambling is this year only because when Im play before Im addicted in using my money and all my savings was gone because of the gambling but after controlling ny self I now earning and I added to my list that way of earning money.

But ever since trading is my favorite and my priority is that because I earn more money to this than the other way and I hope I can get more money to trading this year.
- Feel very surprised when you say that gambling has brought you good profits because a common situation that gamblers often get would be loss, profits have never existed for too long in their accounts even if that was the goal they tried in gambling. You may be a lucky person but I believe you also have bad experiences with gambling, even if you can give the controls, gambling should not be the preferred option and put on the list to make money, moving and focusing more on trading is probably more suitable for profit, entertainment purposes can be gambling and binary


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March 29, 2020, 07:05:43 PM
 #109

Let's be honest, everyone has their advantages, I mean every one of these income options. In fact, I think a lot depends on your preferences and how quickly and well you managed to achieve the profit you needed. In fact, I know people who have made a profit in each of these areas, and that's absolutely fine. Because I'm for the fact that everyone has to do what they love, that's what makes us happy people, and no one forbids you to experiment, that's what allows you to achieve results, and you can combine all these areas into one successful business to make your profits even more meaningful. I think that makes sense...
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March 30, 2020, 08:45:52 PM
 #110

I know little about binary options, but I can definitely say that gambling is an extremely doubtful form of earnings.
Entertainment - yes, but reckoning on gambling as a full-fledged job is exactly what to hope for good luck.

Therefore, I would choose trading. Let it be one of the most difficult disciplines in the world, with its development you can have a very good income.
In addition, the above character will be reinforced concrete if you go through all the stages of trader development.


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March 30, 2020, 08:59:24 PM
 #111

I know little about binary options, but I can definitely say that gambling is an extremely doubtful form of earnings.
Entertainment - yes, but reckoning on gambling as a full-fledged job is exactly what to hope for good luck.
indeed some people make gambling their livelihood. but sooner or later they will fall deeper. and true, gambling is not something that is said to win or lose, but where when they get good luck and managed to go further than what was expected.
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March 30, 2020, 09:00:27 PM
 #112

Among the mentioned above I would love to gamble with my fund  90% and trade with my 10% funds reason be that, gambling favours me far better than the trading although, I have been into trade and had made some decent profits. Actually, gambling was my area of concentration and have learned many skills in gambling, am good in dice and porker games which had fetched me more money than doing trade. Am passionate about gambling than trade and others mentioned.

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March 30, 2020, 11:54:21 PM
 #113

Among the mentioned above I would love to gamble with my fund  90% and trade with my 10% funds reason be that, gambling favours me far better than the trading although, I have been into trade and had made some decent profits. Actually, gambling was my area of concentration and have learned many skills in gambling, am good in dice and porker games which had fetched me more money than doing trade. Am passionate about gambling than trade and others mentioned.
Good for you since not all are not really that lucky when it comes to gambling thats why they do jump in into trading because they know that they do have some sort of chance if they did it well.
You have mentioned dice which is totally a game of luck and i dont see for it to need some skills but only pure luck, for poker then i do believe that you can really make out money if you did well
and do know on what you gonna do.When it comes or talks of long term prospects then trading would be the best choice.Binary is just like gamble and i dont prefer this one.

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March 31, 2020, 04:09:56 PM
 #114

gambling is the least out of them but for me that love gambling, it has also built my confidence especially in taking some difficult decisions which I wouldn't have the mind to do so before and that has also helped me in making some tough decisions in trading. I have not try binary option before but hopefully one day I will check it out
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April 01, 2020, 05:54:08 PM
Merited by cutesgirl (2)
 #115

Binary like gambling and you have two choose lost or win, when you trade with Binary you only have two way you lost all your money or you can get much profit, different way with trading although price down and your prediction missing you still have second chance when your coin assets back to higher price.
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April 02, 2020, 03:51:33 PM
 #116

I trade on STIXEX, it is a mix between binary options and trading, best of both worlds.
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April 02, 2020, 10:41:01 PM
 #117

I trade on STIXEX, it is a mix between binary options and trading, best of both worlds.
How come that Binary options doesnt involve trading? Of course they are just the same the thing here is that you do need to bet up on a particular price on a specific time
which means you would still need trading strategies for this one and just like a scalper or active trader then this one will be at your advantage.The good thing
i do like with crypto based binary options on where charts used on top exchangers like binance and other api on some exchange unlike on fiat bo brokers
where tendency of slippage is there.

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April 03, 2020, 06:05:33 AM
 #118

I trade on STIXEX, it is a mix between binary options and trading, best of both worlds.
How come that Binary options doesnt involve trading? Of course they are just the same the thing here is that you do need to bet up on a particular price on a specific time
which means you would still need trading strategies for this one and just like a scalper or active trader then this one will be at your advantage.The good thing
i do like with crypto based binary options on where charts used on top exchangers like binance and other api on some exchange unlike on fiat bo brokers
where tendency of slippage is there.
On STIXEX they use Binance price feed so there is no risk of exchange manipulating price, and the best part about STIXEX is that there is no price spread or slippage risk.
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April 03, 2020, 07:16:17 AM
 #119

I guess you could post it on the gambling section and probably get around the same level of responses there as well. Gamblers know what they are doing and traders know what they are doing, they both realize what they are doing is totally opposites of each other so none of them really does it not knowing what the other option is.

Traders knows that gambling is a bigger risk and there is house edge so they will most probably lose if they gamble, however there is a chance of making more profits more quickly and that is why gamblers do what they do. Gamblers knows that trading is less risky, still quite risky but at least no house edge and that is why traders trade, and gamblers still gamble knowing that.

So, there is really no point in asking in anywhere since both of those people know the other one and why they do what they do.
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April 03, 2020, 07:37:32 AM
 #120

I trade on STIXEX, it is a mix between binary options and trading, best of both worlds.
How come that Binary options doesnt involve trading? Of course they are just the same the thing here is that you do need to bet up on a particular price on a specific time
which means you would still need trading strategies for this one and just like a scalper or active trader then this one will be at your advantage.The good thing
i do like with crypto based binary options on where charts used on top exchangers like binance and other api on some exchange unlike on fiat bo brokers
where tendency of slippage is there.
On STIXEX they use Binance price feed so there is no risk of exchange manipulating price, and the best part about STIXEX is that there is no price spread or slippage risk.

I agree with you Stix I traded here is really good The damage is very minimal It's great for me to do business. As much as I gained in the trade from the Stakes. However what I find worst about gambling Very few people gamble.

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April 05, 2020, 05:36:23 PM
 #121

I guess you could post it on the gambling section and probably get around the same level of responses there as well. Gamblers know what they are doing and traders know what they are doing, they both realize what they are doing is totally opposites of each other so none of them really does it not knowing what the other option is.

Traders knows that gambling is a bigger risk and there is house edge so they will most probably lose if they gamble, however there is a chance of making more profits more quickly and that is why gamblers do what they do. Gamblers knows that trading is less risky, still quite risky but at least no house edge and that is why traders trade, and gamblers still gamble knowing that.

So, there is really no point in asking in anywhere since both of those people know the other one and why they do what they do.
Gambling seems to be something a lot of people are doing more of right now and that has nothing to do with profiting or investment. They are gambling a lot more because they are stuck at home and they have nothing else to do.

Some people like reading books, some people like watching the new season of la casa de papel, some people like playing games, and obviously some people prefer gambling over all of those and those people realized they do not have some minutes to gamble as much as they can and instead they have all the time in the world so people are gambling a lot more. This doesn't mean that more people prefer gambling, A LOT more people still prefer trading but that gap is closing the more people stay at home, you can trade only so much but you can gamble until your money dries out.
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April 06, 2020, 10:07:23 AM
 #122


We can say that most of the time, people would choose trading especially for novice or amateurs here in crypto. In gambling, if it's not the scam that's the risk then it is the full loss you get in betting. You'll lose your bet in gambling, while in trading you could still recover slowly.
The idea of high risk = high reward still applies, so it depends how financially stable you are.
Thus, it is pretty obvious what we can possibly get from trading.
People will go for gambling because they have enough money to lose. Unlike if you are in trading because you probably have a chance to double your money or even more if you are skilled enough in trading and perfectly in time. Though we think that trading is high risk but we can't disregard how gambling could do for us. It might be worse than trading IMO.



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April 09, 2020, 01:23:44 PM
 #123

There is another of way of trading which is trading+gambling.

Yes, trading+gambling = scalping. You may prefer it for quick profit making.
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April 09, 2020, 01:35:57 PM
Merited by el kaka22 (2)
 #124

There is another of way of trading which is trading+gambling.

Yes, trading+gambling = scalping. You may prefer it for quick profit making.
I have tried scalping on BTC/USD pair as one of my friend suggested it for scalping as this pair has more volume but for same level of capital with holding, I made more profits. So, you may stop recommending for scalping. It is not a way to trade cryptos.

In my experience scalping is too different from other way of trading because,
1. Scalping is suitable only in derivative exchanges and not in spot trading (shorting is not supported in spot trading).
2. You must use stop-loss otherwise you may not able to go for another scalping within a day.
3. Usually scalping traders are not into any analysis as all levels are entry/exit levels for them.
4. For profitable scalping, you must choose cheaper trading fee platform. Otherwise your fees may exceed all your profits.
5. Like you mentioned, scalping is just like rolling dice, you may get your results in seconds to minutes.
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April 09, 2020, 02:42:38 PM
 #125

I have tried scalping on BTC/USD pair as one of my friend suggested it for scalping as this pair has more volume but for same level of capital with holding, I made more profits. So, you may stop recommending for scalping. It is not a way to trade cryptos.
I also have tried almost all the methods of trading under the sun and I can tell you that I have failed all of them, every single one of them. Right now, the only thing I have managed so far without any problem is buying long term and keep buying and buying to increase my bitcoin number, that way I can actually increase my bitcoins but also if there are any falls I am taking advantage of that as well.

Whenever there is a fall, that means cheaper bitcoin for me, if it goes up I still buy anyway because I believe the price will constantly go up and up and never go down in the long term, so if I purchase today and it drops, I know in a month it will recover and make me profit.

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April 10, 2020, 11:14:24 PM
 #126


We can say that most of the time, people would choose trading especially for novice or amateurs here in crypto. In gambling, if it's not the scam that's the risk then it is the full loss you get in betting. You'll lose your bet in gambling, while in trading you could still recover slowly.
The idea of high risk = high reward still applies, so it depends how financially stable you are.
Thus, it is pretty obvious what we can possibly get from trading.
People will go for gambling because they have enough money to lose. Unlike if you are in trading because you probably have a chance to double your money or even more if you are skilled enough in trading and perfectly in time. Though we think that trading is high risk but we can't disregard how gambling could do for us. It might be worse than trading IMO.
Yes. I guess trading and gambling are both risky but the only difference is that you will have more chances of making profits in trading rather than in gambling. Gambling is only good for fun and entertainment purposes only but if you think of making profits from it, you'll probably lose even more.

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April 10, 2020, 11:18:50 PM
 #127


We can say that most of the time, people would choose trading especially for novice or amateurs here in crypto. In gambling, if it's not the scam that's the risk then it is the full loss you get in betting. You'll lose your bet in gambling, while in trading you could still recover slowly.
The idea of high risk = high reward still applies, so it depends how financially stable you are.
Thus, it is pretty obvious what we can possibly get from trading.
People will go for gambling because they have enough money to lose. Unlike if you are in trading because you probably have a chance to double your money or even more if you are skilled enough in trading and perfectly in time. Though we think that trading is high risk but we can't disregard how gambling could do for us. It might be worse than trading IMO.
Yes. I guess trading and gambling are both risky but the only difference is that you will have more chances of making profits in trading rather than in gambling. Gambling is only good for fun and entertainment purposes only but if you think of making profits from it, you'll probably lose even more.

They do differ on level of risk since we know that luck based cant really be influenced by any strategies unless if you do play sports or card games which do require knowledge and skills.
There are areas of gambling that do need these factors for us to be profitable and same goes with trading which do definitely needs skills and good decision making when dealing with the market.
For you to be successful or profitable then dont treat trading as gamble because there are really times that people are just carelessly putting out their positions without any basis.

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April 10, 2020, 11:30:19 PM
 #128

Gambling should be more fun for me, it's more challenging also as I can enjoy it while I can win if I'll become successful as an sports bettor.
This is the path that I choose, I don't gamble on games where is the house edge as we will never win on that one, it's just for pure entertainment only.

For me, we have to focus, whether we want to be a trader or a gambler as with focus, we will be able to improve our strategy.
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April 11, 2020, 09:33:17 PM
 #129

The three things you have mentioned here are all risky jobs for anyone to do, but if I’m to take one off this list I will be removing that gambling; I’m not a fan of gambling and I have never been a part, no offense to those that are into it, I don’t mean anything bad, I simply don’t like it, so I’m not interested. Options trading is something that I have been part of.

When I started it I never really understood what it was all about, I thought it was forex trading, because they were kind of similar to each other. It was after sometime that I got to understand it, but I have not been into it for sometime now. And as for cryptocurrency trading, I’m not regular in it, I mostly do HODL.
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April 12, 2020, 06:21:17 PM
 #130

All those three things were different from each other on their operation and almost each has same amount of risk but I will choose trading over other things because trading looks profitable in long term while other two things are like hit and run with profits only for few times.

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April 12, 2020, 10:34:14 PM
 #131

All those three things were different from each other on their operation and almost each has same amount of risk but I will choose trading over other things because trading looks profitable in long term while other two things are like hit and run with profits only for few times.
In trading you will not depend on our luck 100%, if you work hard on it then good profit will come and this is why I will also go for trading. Honestly, I don’t have enough experience ok Binary option but I know its risk, while gambling is pure of luck and I lose money so many times in gambling.

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April 13, 2020, 08:26:35 AM
 #132

As of now, I'm just focus on gambling because that's what I already do when I was in highschool lol Grin. I am not saying that I'm really gooad at it but at least I've got the basic knowledge and guts to deal with it. Though I badly want to try daytrading but I really can't because of lack of funds/equipment (e.g. computer) as well as the basics. Another hindrance that I get is my busy sched. So far, I can't find time got that but as soon as I finished what I need to finish then I would love to try it of course Smiley.
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April 13, 2020, 10:46:48 AM
 #133

Right now is better for joining future trading in Binance because you have bigger chance to get profit with your assets than gambling, you have large chance when getting bitcoin with lower price and you can put buy order. There will give big chance depend with how much money do you use for binance future trading.
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April 13, 2020, 08:07:43 PM
 #134

Honestly there is no option for that but I would say investment. I realized long time ago that I will not become rich over night, there is no way I can make so much money from trading that I could quit work and just relax in my life, that requires me to make about 10000000% in profit or something because I do need a lot of money to quit everything.

However what I can achieve is investing into stuff that gives me passive income and keep on investing back to them constantly to increase my passive income. That way I do not need to have cash in hand to retire, that would take a long time, however I could possibly just have a decent passive income instead and use that to retire. Which is why I have been investing for years now, I am not anywhere near where I want but at least I started down the path.

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April 14, 2020, 09:07:43 AM
 #135

All those three things were different from each other on their operation and almost each has same amount of risk but I will choose trading over other things because trading looks profitable in long term while other two things are like hit and run with profits only for few times.
In trading you will not depend on our luck 100%, if you work hard on it then good profit will come and this is why I will also go for trading. Honestly, I don’t have enough experience ok Binary option but I know its risk, while gambling is pure of luck and I lose money so many times in gambling.
There is no transparency on binary trading so even if you are supposed to make money the platform may scam you and not willing to pay the profits to you and there are many proofs available even for reputed binary trading platforms so choosing gambling is better than binary trading but both are not really for money-making.

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July 21, 2020, 04:05:46 PM
 #136

you are betting on an outcome with binary options as you would betting on an event at a casino.
This is one of the simple reason why people are still comparing gambling with trading. But in my experience after gaining lots of knowledge on these two, I must say these two are completely different thing and we must need different approaches in order to find success in respective field. If you try in one by assuming like another one then definitely you will face big disasters at the end of the day.

After many days of experiment, I have decided to try only  trading and a leaving off all other things because in my experience, gambling is not meant for money making but trading is purely designed to find opportunities to make big profits out of small capital. But, trading requires a typical approach and if you are failing to give that then trading will become gambling which means no big differences in the results (given that in gambling house will always win).
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July 21, 2020, 10:05:48 PM
 #137

indeed some people make gambling their livelihood. but sooner or later they will fall deeper. and true, gambling is not something that is said to win or lose, but where when they get good luck and managed to go further than what was expected.

I agree. It is very difficult not to fall below when you are completely absorbed and give yourself up to gambling.
Without connection with the values of family and friends, this will happen anyway.
Each addict must be very responsible about his life and build connections with values that can help him not fall into bad conditions for him.


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July 21, 2020, 11:04:06 PM
 #138

Of course I would choose trading over gambling and binary options, we know the trading to be able to make a profit. And for gambling,
I only use it for fun, whereas binary options are not interested at all. So we must can make decisions wisely, lest we choose wrong and
can ruin everything. I believe trading can produce profit that I can use to buy my daily needs. Besides, I have been trading since 2014,
so I am sure with trading compared to others.

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July 22, 2020, 10:49:44 AM
 #139

im gonna go with trading. gambling is not a great idea to make money and binary options is one of gambling but it has "trading" mechanic even though you didn't get your order after buying it, when you lose on binary options you lose all of your money which means that is gambling. will prefer trading because even though we lose, you can still get your portion of money back

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July 22, 2020, 01:51:27 PM
 #140

Before I started trading, I started gambling in casinos, in freebitcoin, and it consumed me all day, in fact I think I lost much more than I won, today I prefer trading because you can make plans and strategies, some people It does not matter and they confuse trading as gambling and they may find it, but when they run out of luck it is when they will know that it is best to prepare, because today I see trading as a business. In my case I prefer Trading.

Most of the gambling games in a casino are luck-based games so that you have no full control of your money. That's the main disadvantages of gambling, it is really hard to make profits out of it.

While in trading, you have your own decision, own strategies, and own technical analysis in the market so that you can secure your profits and minimize your losses..

It is much better to do trading rather than in gambling, most of the people know that.

Even though it's entirely possible you might be able to make a living from trading, it's unrealistic to expect to do so because most people just don't even make money from trading overall. It's a tough task.

Not all of us have the ability to make money in trading because it needs a lot of experience and skills to become more effective in the market. We have different skills and approach in trading, it depends on you if you are willing to grow in trading.

Gambling is not meant for making profits so just skip the gambling at first. You realized that long term is best among all kind of trading methods because it doesn't need much efforts all you have to do is wait and get reap when it is available for you.

Just like what I've said, it is not the best option to do if you want to have a stable profit.

Gambling and trading is both risky, but in trading, your assets are more secured and you can control yourself. I do trading for so many years because I want to secure my future that's why I'm doing my best in performing technical analysis every time I prepare myself in before making transactions.
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July 22, 2020, 02:16:51 PM
 #141

I’m not really good when it comes to gambling. I’m always lose in it and when the time comes that I’m winning, I don’t easily give up and turn back my winning ended up losing again. I have no experience in binary options but it seems more complicated than trading and a lot of people don’t also recommend this method. Trading is the best option for these three mentions and it’s for long run. You can also learn different methods to improve your skills in trading. Different technics and analysis which you can determine the right entry and exit points

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darewaller
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July 22, 2020, 08:45:35 PM
 #142

I might go for binary options and day trading, but I don’t think I will ever go for gambling. This is because of the kind of experience I have had before, not something that has happened to me, but to people that I know who are close to me. Some of them got addicted to gambling and it rendered them so useless, to the extent that everyday they are gambling but still achieves nothing but more losses. It affected me to the extent that I try as much as possible to stay clear from anything that has to do with gambling.

Where trading and binary options are about earning money but gambling is all about spending money. So, we can choose based on what we need finally Smiley.
shushu9977
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July 23, 2020, 01:16:42 PM
 #143

I think, gambling is harmful for our society, so it is not for us. Binary is not for me. Finally, trading which is preferable for us and in long term, we can more profit by trading. So, I always go with trading.     

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July 23, 2020, 04:58:38 PM
 #144

I think, gambling is harmful for our society, so it is not for us. Binary is not for me. Finally, trading which is preferable for us and in long term, we can more profit by trading. So, I always go with trading.     
Gambling is not a crime, it is still legal in most part of the world so its your personal view about the gambling not as society.Binary trading are the real gambling and no one should trust the binary trading platforms with big amounts.
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July 23, 2020, 09:05:35 PM
 #145

I am a person who likes trading and gambling, but for binary options I avoid using it. Because binary options risk too big,
especially for newbies it is not recommended to make money from binary options. Regarding gambling I did not make it as
source of income, because I play gambling only removes stress from my daily work. For trading, I really focus on being able
to make a profit everyday. So if you want to make money, the best option is trading .

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TheGreatPython
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July 24, 2020, 04:16:46 PM
 #146

I might go for binary options and day trading, but I don’t think I will ever go for gambling. This is because of the kind of experience I have had before, not something that has happened to me, but to people that I know who are close to me. Some of them got addicted to gambling and it rendered them so useless, to the extent that everyday they are gambling but still achieves nothing but more losses. It affected me to the extent that I try as much as possible to stay clear from anything that has to do with gambling.

Where trading and binary options are about earning money but gambling is all about spending money. So, we can choose based on what we need finally Smiley.
While I agree that gambling can never match the consistent earnings that are generated with trading but I have a few friends who do arbitrage gambling on sports and they earn pretty nicely and consistently so it just depends on the skill you have because gambling can be good if you know the right ideas and how to implement them. What my friend does is, he bets on both teams/players and there are many websites so he finds different odds and opposite favorites in close matches and use that to make free income which is not easy though but he has mastered the art of arbitrage.

I myself always choose trading above any of these because it is much easier to do day-trading and sometimes buy and selling of altcoins and with time I have become more suited to trading and I agree with you a gambler who chases loss will dig a bigger hole and just loose more everyday unless he has strategy like arbitrage or similar.

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Tahsin Kabir Kollol
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July 24, 2020, 06:45:23 PM
 #147

In my opinion, trading can be taken as the best medium for these three subjects. Gambling may not really be good for anyone because it makes a person overly greedy and people invest money without considering money management and risk management which in most cases leads to losses and even extinction. Trading using skills and experience can be considered the best way to earn a living. Its user feedback on binary options is not as high as expected. I do not prefer it.

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August 01, 2020, 05:01:00 PM
 #148

While I agree that gambling can never match the consistent earnings that are generated with trading but I have a few friends who do arbitrage gambling on sports and they earn pretty nicely and consistently so it just depends on the skill you have because gambling can be good if you know the right ideas and how to implement them. What my friend does is, he bets on both teams/players and there are many websites so he finds different odds and opposite favorites in close matches and use that to make free income which is not easy though but he has mastered the art of arbitrage.
Buddy, you’re right about this, yes there are people who knows how to gamble with the right strategy and they are making money.
I know such people who are gamble and make money and I keep asking myself how they do this. Have a friend that made wins three weeks straight, lol, was like magic. It is all about knowing what works for you.

There are people who understand gambling and they know how to make the right calculations. Then there are those who know trading and they are using the right strategy to make money. When you are focused on something then the chances for achieving what you dreamed is really high; without efforts you cannot be rich even some billionaires help you directly Wink.
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August 03, 2020, 04:42:39 AM
 #149

I prefere trading, it's the most profitable and it makes the most sense.
Gambling is not meant to make profit but for fun and that is how I treat it, a leisure for my free time.
Binary options are two risky and personaly I don't like it, in fact I find it as a shady business.
For someone who is seriously involved in Bitcoin, trading is the best.

Yea, i think you are right here. I always try to do work with clean and clear way so here trading is the best option form me though there may be profit or lose but in mentally i am satisfied with trading. But Gambling and binary options is not mentally supported from me as there some times fraudulent and risky. So the work i will do what i love it or never ever. I personally know many men who lost their every thing by binary options because there also have gambler who control market.

So my suggestion to everyone to do work in right way and sleep with silent Grin Grin
Free1bitco.in
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August 03, 2020, 10:55:18 AM
 #150

I choose to trade because it is easy to make money depending on expertise and analysis when trading, and all I do is trade long or medium term to get good profits.
but I also sometimes like to gamble and only fill my free time and have fun, and only provide enough capital to play casually without lust.
I think people will indeed choose a trade. in this case, quite a lot of profit from trading compared to the others. honestly, I prefer investment over trading, but, in this case, trading is also quite profitable. You have the choice to hold in the short, or long term.
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