Trading, gambling and binary options. Which one you prefer?

[Yatsan]

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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[semobo]

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.

[Baby Dragon]

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.

[Dr.Osh]

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.

[BlackRed]

All of them, gambling is most exciting

[Shasha80]

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.

[dothebeats]

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.

[MWesterweele]

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.

[mbakruroh]

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.

[sulendra12]

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.

[maydna]

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.

[beerlover]

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?

[gabbie2010]

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.

[ultrloa]

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.

[abel1337]

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.

[conected]

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

[nekonyun]

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

[Meowth05]

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.

[Mpamaegbu]

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.

[deisik]

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