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Author Topic: Between futures trading and gambling  (Read 1859 times)
Bloodseekers
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August 08, 2023, 03:17:01 AM
 #281

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
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August 08, 2023, 05:14:20 AM
 #282


I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
Of course trading is better than gambling in terms of earning, even gambling is not something that can be considered as a way to earn, because the results will depend heavily on luck. Even when playing games based on analysis namely sports betting, there is always a luck factor, which can sometimes have different results.
So trading would be better in terms of earning but futures trades are sometimes considered as gambling but I believe it will be gambling when done without proper knowledge so it will be the same as gambling because you go into it blind and all decisions are just based on feelings and it is not a good trade because the market will not move based on how you feel, or just based on what people say.

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Blitzboy
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August 08, 2023, 05:32:21 AM
 #283

`

That is a very optimistic approach and in a perfect world it would be a great thing to help everybody with giving them a talk about the consequences of their action and that their current path will likely lead to large financial losses. Unfortunately, we are not living in such a world, people are very reluctant to take advise from strangers and will probably not trust us, even if we are honest and only want to help. The difference between futures trading and gambling is the access to the two. Everybody who is 18 in my country can enter a casino and start gambling if they have the money, whereas starting to buy futures you need to setup a special account with the bank. I remember before being able to trade futures at my bank I had to fill out a questionnaire about my previous trading experience and my knowledge. Also, in a talk with the bank employee he showed me again that the losses from futures trading can be much higher than when trading stocks. So, there are special regulatory requirements for futures trading to protect people from themselves, in gambling such a thing doesn't exist. The problem is that futures trading usually involved leverage, which can lead to financial problems, in the casino we usually just gamble with our own money and if we lose it we have to stop. Having more protection for the customer is a good thing in futures trading, but in gambling there it’s not really necessary.


Optimism, futures, casinos, questionnaires, banks, talks with employees, losses, leverage, regulations, and protections. And if I were to put it all into a blender and press "start," would it blend into a smooth financial shake or end up a lumpy disaster?

Your point about futures trading needing special regulatory requirements and the distinct accessibility of gambling is like putting your finger on a seesaw and expecting it to balance. Maybe, but not quite. Even though theres a questionnaire for futures, and it feels special, does that make it safer? Maybe you just felt special.

Interestingly, the aspect of losses being more controllable in casinos due to gambling only with one's own money is quite... unique. You cant lose more money than you have at a casino, except for when you can, by using credit. And banks? Well, they're just friendly, asking questions about your experience. Surely, not leveraging their position to maximize profits.

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topbitcoin
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August 08, 2023, 07:07:51 AM
 #284

Well… most people are like that, but it is practically impossible to win. Nothing in this world is instantaneous and everything requires a long process, there needs to be sufficient knowledge and skills and of course there must be sacrifice in it to be able to get victory. Even instant noodles we have to cook first so we can eat it.

Just let them realize it thru their experience. Even giving them such friendly advice, they won't feel the actual pressure.

Once they now feel the real experience, they will truly understand what's the best thing to do.

It's just that Future trading is really technical even for a crypto-enthusiast. It's not that easy to understand. While in gambling, these people will just place their bet and watch the result without doing nothing. Believe me, even we show these people huge money came from trading, they won't bother to know as the interest is not there.
It would be great if they were aware of something like this from the start but most of the cases I've come across is that most people don't realize until they've lost a lot of money.
If they lose once or twice in the usual way it will not deter them and there must be a real loss to make them realize their behavior.

It is difficult to make people like this aware because sometimes when they have felt the loss too but the desire in them is still big I think the condition will still be the same.

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August 08, 2023, 10:09:33 AM
 #285

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
Making money from trading might be easier even though we must keep learning to analyze to make a profit. But at least we still can make money instead of playing gambling, which we don't know whether we can win or will only lose. But some people use futures trading and gambling together to make money, and some manage to earn money. But, gambling and futures trading have their risks, so it is better to know the risks before making a decision. And if future trading is more profitable than gambling, we better choose future trading.

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August 09, 2023, 12:06:14 PM
 #286

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
Making money from trading might be easier even though we must keep learning to analyze to make a profit. But at least we still can make money instead of playing gambling, which we don't know whether we can win or will only lose. But some people use futures trading and gambling together to make money, and some manage to earn money. But, gambling and futures trading have their risks, so it is better to know the risks before making a decision. And if future trading is more profitable than gambling, we better choose future trading.

Gambling and trading have their similarities but hoth are entirely different things, well, for me at least. Both require skills and knowledge to bring home a profit, but gambling has its dependency to luck or odds that doesn't matter much in trading. In trading, there's no such thing as being lucky because everything is calculated and analyzed. You must know how to do market analysis to know whether a coin will pump or dump. You will base the trend on the market flow, the history, and the recent events that influence the movements in the market. You can't just rely on luck because you'll just end up losing your funds or liquidated if you won't think thoroughly.

Contrary to what majority thinks, future trading isn't easy. It won't bring an easy money or success, the same way with gambling.
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August 09, 2023, 10:17:35 PM
 #287

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
Making money from trading might be easier even though we must keep learning to analyze to make a profit. But at least we still can make money instead of playing gambling, which we don't know whether we can win or will only lose. But some people use futures trading and gambling together to make money, and some manage to earn money. But, gambling and futures trading have their risks, so it is better to know the risks before making a decision. And if future trading is more profitable than gambling, we better choose future trading.

Depends from the persons perspectives and knowledge, if you have a good understanding with future trade or gambling you may have that chance to win some, especially if you have that good bankroll/money management, where you can set your limits and you are capable of controlling your emotions, both future trade and gambling may work with you, but always remember that big risk to which commonly being neglect by people who are trying to find some luck.

Stepping either inside gambling or future trade will have a big risk with your money, not a good venue for people who are not a fan of having that risk as most of the time they will be control by emotions and possible to lose from time to time.

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August 09, 2023, 10:52:05 PM
 #288

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?

We can't apply the word "less risky" to both Future trading and Gambling. Either of those can wreck anyone if not handled properly and just do some random strategies without any plan. Targeting a big profit at both requires knowledge even we need also some luck at those.

If we talk about the capability of earning big, both of them are proven to give us that opportunity but it's not as easy as we think.

I'm aware of how Future trading works but I don't consider doing it as a regular activity of mine because I'm not hooked on it even though I do know the potential big money that I can earn here. I prefer Spot trading instead if we talk about trading-related activity. Gambling on the other hand is already part of my usual doings for several years. I can't really find a specific reason why should we compare Future trading to Gambling.
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August 10, 2023, 03:17:12 AM
 #289

I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
We have nothing to offer, order than learning and gaining full acquaintance with the sector you are concerned with. Trading and Gambling are broad, we just have to kick off with a solid foundation in the space. We have more good opportunities when it comes to gambling, because with good statistics on the games and clubs in question, winning is evidence and losing would only make us to remember our mistakes, and looking forward to correct them so that they don't repeat again. I would urged us not to copy the footsteps of anyone, rather stick to what works for you, that's operationally how the things works, with more ease efforts.

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August 10, 2023, 10:32:51 AM
 #290

~snip~
Gambling and trading have their similarities but hoth are entirely different things, well, for me at least. Both require skills and knowledge to bring home a profit, but gambling has its dependency to luck or odds that doesn't matter much in trading. In trading, there's no such thing as being lucky because everything is calculated and analyzed. You must know how to do market analysis to know whether a coin will pump or dump. You will base the trend on the market flow, the history, and the recent events that influence the movements in the market. You can't just rely on luck because you'll just end up losing your funds or liquidated if you won't think thoroughly.

Contrary to what majority thinks, future trading isn't easy. It won't bring an easy money or success, the same way with gambling.
Futures trading is more difficult than spot trading because it requires more skills in analyzing market movements so if we don't have good analytical skills, we probably won't have the opportunity to make a profit. And if so, it would amount to gambling as we just guess which way the market will move and then trade. But in trading, we can still recover losses, especially if we don't sell the coin at a loss or when the price drops because the price of the coin can increase again after some time at a low price.

Meanwhile, gambling may also require analytical skills and also have the possibility of making a profit, especially if we can have good analytical skills. But as we know, many people only rely on signals from other people, just like people who rely on trading signals from other people. So maybe it is these analytical skills that we have to learn in trading, be it spot or future trading and also in gambling so that we can make a profit.

~snip~
Depends from the persons perspectives and knowledge, if you have a good understanding with future trade or gambling you may have that chance to win some, especially if you have that good bankroll/money management, where you can set your limits and you are capable of controlling your emotions, both future trade and gambling may work with you, but always remember that big risk to which commonly being neglect by people who are trying to find some luck.

Stepping either inside gambling or future trade will have a big risk with your money, not a good venue for people who are not a fan of having that risk as most of the time they will be control by emotions and possible to lose from time to time.
Everything depends on our understanding of future trading and gambling so that we can make a profit. And I agree that we also have to be able to manage the money well because futures trading and gambling can cause us to lose money in a short time.

As long as you can accept the risk and are willing to learn more, I think you can use gambling and futures trading and maybe even more opportunities to profit in futures trading. But once again, without learning more, we cannot improve our trading or gambling skills.

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EarnOnVictor
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August 10, 2023, 10:49:14 AM
 #291

I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
We have nothing to offer, order than learning and gaining full acquaintance with the sector you are concerned with. Trading and Gambling are broad, we just have to kick off with a solid foundation in the space. We have more good opportunities when it comes to gambling, because with good statistics on the games and clubs in question, winning is evidence and losing would only make us to remember our mistakes, and looking forward to correct them so that they don't repeat again. I would urged us not to copy the footsteps of anyone, rather stick to what works for you, that's operationally how the things works, with more ease efforts.
You have a point there, but the more people are trying to correct their former mistakes in trading and gambling, they tend to make more mistakes, so it's difficult to advise people but to tell them to possess the right knowledge and plan and also be disciplined in both. I've come to the realization that futures trading and gambling are similar with much joining them than what separates them.

My conclusion still remains that futures trading is better, this is because you can easily decide to close the trade with a little loss and go home with the rest, but in gambling, once you press the button for the deal, it's done, there is no going back unless you are privileged for a cashback. And in futures trading, one can plan their trading and account management better, unlike gambling which is more reliant on luck for anyone to win, while consistency is never certain.

Above all, both might have similar challenges but we should know that options trading is the gambling version of trading, not futures.

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Bloodseekers
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August 11, 2023, 05:10:16 AM
 #292

I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
We have nothing to offer, order than learning and gaining full acquaintance with the sector you are concerned with. Trading and Gambling are broad, we just have to kick off with a solid foundation in the space. We have more good opportunities when it comes to gambling, because with good statistics on the games and clubs in question, winning is evidence and losing would only make us to remember our mistakes, and looking forward to correct them so that they don't repeat again. I would urged us not to copy the footsteps of anyone, rather stick to what works for you, that's operationally how the things works, with more ease efforts.
Knowing well about the game and club statistics as you mean maybe this will give you the winning picture you want, but in terms of gambling and trading as well we need information about what we are going to buy so as to reduce the risk of loss later. You are right that in gambling we don't need to follow other people because if we lose, of course we enjoy our game more than listening to other people's words.
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August 11, 2023, 06:16:07 AM
 #293

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.

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August 11, 2023, 07:53:11 AM
 #294

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.
Gambling and trading, they're both important and very broad interms of learning and persuading your daily objectives from the system. Trading might be seen as stressful, because it involves the constant reading of pdf files related to trading, knowing and upgrading your trading strategies in every single step. While gambling involved common guess which might later come out to be accurate. Indulging in both, ofcourse their main objective is making profits, anything other than that is on a different level. Gambling has been the only motive triggered by most of our youths today, they believe with gambling, they will hijack or hits the gigantic winning, which some of them have never come across.

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August 11, 2023, 11:01:39 AM
 #295

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.
It would be better to get a return from both to make money while using the money from his trading profits to use a bit for gambling. But the problem is maybe not many people can do it and most of them fail to profit from trading and instead try to profit from gambling. It would be reversed because they should try to profit from trading, not from gambling. They will probably have more opportunities to make a profit trading than gambling because there are many coins they can choose to trade. But it will all depend on the trading analysis skills they have.

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August 11, 2023, 12:59:19 PM
 #296

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.
There is nothing wrong them with choosing both for those who like to trade and also like to gamble, but the selection here is different from the desired destination.
Like the goal of making money, it is clear that those who are capable and have clear thinking will definitely choose trades that are clear that they can definitely make money if they are experienced and have extensive insight in the field of cryptocurrencies so that they can determine the location of the price and the time to buy and sell it, not to mention the risk of trading not too high like gambling.
Gambling can indeed be used as a means of entertainment, but when it gets out of hand, it is no longer a means of entertainment, but a place to spend all the money you have.

Being able to make money in trading and allocating part of the money for gambling is not an easy thing because it could be that the money that should be used for trading is actually used as a whole for gambling because you yourself must understand that when you enter a casino with several game sessions it will cause curiosity and the desire to get a big win that makes someone willing to use all the money they have.

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August 11, 2023, 10:36:18 PM
 #297


~snip~
Depends from the persons perspectives and knowledge, if you have a good understanding with future trade or gambling you may have that chance to win some, especially if you have that good bankroll/money management, where you can set your limits and you are capable of controlling your emotions, both future trade and gambling may work with you, but always remember that big risk to which commonly being neglect by people who are trying to find some luck.

Stepping either inside gambling or future trade will have a big risk with your money, not a good venue for people who are not a fan of having that risk as most of the time they will be control by emotions and possible to lose from time to time.
Everything depends on our understanding of future trading and gambling so that we can make a profit. And I agree that we also have to be able to manage the money well because futures trading and gambling can cause us to lose money in a short time.

As long as you can accept the risk and are willing to learn more, I think you can use gambling and futures trading and maybe even more opportunities to profit in futures trading. But once again, without learning more, we cannot improve our trading or gambling skills.

Without deeper knowledge, the chance is slim to win in both sides, but likewise, if you know how to work with gambling or with future trading the chance is good to make money, not all or there's only a few gamblers who can manage to earn from both gambling and futures but it's not impossible that you can if you equipt yourself by right knowledge and do your research the way that will give you more hints and not just placing your bets or your position basing only from what you heard from someone who call themselves experts.

Your effort to find good venues to learn more is what will help you to win decent from either gambling or future trades.

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August 11, 2023, 11:40:47 PM
 #298

Future trading vs gambling,  the fact is that both have same chances of losing, and with that, I won't pressure myself to align my support to any of the two between gambling and futures trading.

So for that, I will base my argument based on individuals skills and possibilities of maneuvering the system to make heads ways in both ventures even though the chances of recording success are few and the risks are high but then making the right calculation could arrive you in a position that you could be at an advantage even though the advantageous position does not come frequent in both gambling and futures trading.
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August 12, 2023, 06:53:09 AM
 #299

I would prefer to learn about trading to make money compared to gambling to make money, in my opinion, in gambling, we have very little chance of winning, but when trading, of course, we have learned very well about market conditions and it will be very good for us. in trading. Maybe I think the risk of gambling is that it is very likely that we will lose and in trading it can be the same, but in trading we still hold assets very different from gambling, if we have lost then we have nothing.
Making money from trading might be easier even though we must keep learning to analyze to make a profit. But at least we still can make money instead of playing gambling, which we don't know whether we can win or will only lose. But some people use futures trading and gambling together to make money, and some manage to earn money. But, gambling and futures trading have their risks, so it is better to know the risks before making a decision. And if future trading is more profitable than gambling, we better choose future trading.
Choosing any of the two or none is one's personal choice, but knowing about both of them is important for everyone and everyone should also know the difference between the two. Futures trading is risky, I totally understand that, but that doesn't mean it should be compared with gambling which is totally based on luck and there is absolutely no influence of anything else on the results of gambling, while the results of your trades in futures trading is also dependent on your knowledge and experience other than the market movements.

So, someone who chooses futures trading because they think it's like gambling, they are wrong, and they might lose more money than they might lose in gambling. But someone who understands what futures trading is and does it the way it should be done, won't lose every time and they can be profitable in the long run which can't be said about gambling.

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August 12, 2023, 08:36:21 AM
 #300

Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.
It would be better to get a return from both to make money while using the money from his trading profits to use a bit for gambling. But the problem is maybe not many people can do it and most of them fail to profit from trading and instead try to profit from gambling. It would be reversed because they should try to profit from trading, not from gambling. They will probably have more opportunities to make a profit trading than gambling because there are many coins they can choose to trade. But it will all depend on the trading analysis skills they have.
You are right, trading is easier to earn from than gambling, but don't you think that having too many coins to choose from is another challenge on its own? In my trading experience, the more you add assets to trade, the more complicated things would be for you unless you can trade all of them at once or every time you wish to trade, which will be cumbersome.

I've been in the world of trading for long, and I must say that the first mistake I made was to trade many assets and it destabilized me. My trading started making meaningful returns when I changed to only three assets. This helps me focus with less work and distraction and flows with the wave of their behaviours easily rather than having too many to handle.

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