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

[Baoo]

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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[South Park]

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.

[matchi2011]

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.

[boyptc]

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.

[mersal]

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.

[Traderbtcc]

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

[carriebee]

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.

[barbara44]

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.

[Mumbeeptind1963]

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.

[Mahanton]

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.

[fabiola!]

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 ?

[Kurokonobasuke]

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.

[maydna]

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.

[Nawrod]

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.

[coinfinger]

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.

[target]

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.

[nosferzd]

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

[pawanjain]

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.

[hulla]

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.

[Arkann]

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.