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Author Topic: Between futures trading and gambling  (Read 1868 times)
Rruchi man
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June 23, 2023, 05:01:28 PM
 #41

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I will choose Futures trading because I have more Interest in trading than gambling so I will not get bored when investing my time to better understand futures trading. For a serious gambler who likes the game, they will have the excuse that they are both for the purpose of making money so they will prefer more to gamble than learn something new that is as boring as futures trading.

Some gamblers may have the believe that within the time that they spend trying to learn futures trade, they would have been able to correctly predict some games and win some money while gambling.

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June 23, 2023, 05:10:56 PM
 #42


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

Well, despite that, the market could be dynamic, but I will still choose future trading, if that's a choice where I only have to choose one thing. The reason is that, at least in the future trading, requires you to learn some skills that will help you earn more consistently than gambling (I just think so). In gambling, every day doesn't guarantee a profit, but in future trading, if you learn your trading skills very well and know how to manage your risk, your leaverage, and also the stop-loss or take-profit, then you will likely earn every day from future trading, even if the earning is very small, depending on your risk tolerance. But gambling means that if your money is gone at one stake, it's gone for ever. But for future trading, I could set my stop-loss limit  Grin.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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June 23, 2023, 05:25:26 PM
 #43

Actually, both have risks, it's just that the risk of futures trading has a smaller risk than gambling.
For me, to make a profit, I would prefer futures trading to make a profit because if in sports betting, if there is a surprise from the opposing club, of course we will lose everything we bet, but in futures trading, we can manage profits and losses with the strategy we have. .
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June 23, 2023, 06:01:21 PM
 #44

Not everyone wins on futures trading, too.

It's important to know your risk appetite, and also where your attention will not be hindered. In gambling, you will literally enjoy every winning moment, or even the grind going there because of how interactive things can be. In futures trading, or just trading in general, it can get boring and tiring really fast. But once you get the hang of it, the boredom and the tiredness will not matter because you are already making bank from it.

I wouldn't really count on gambling to make money unless it's sports betting. Luck still comes into play in sports betting, but it isn't that much of a factor compared to other casino games out there.

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June 23, 2023, 06:52:25 PM
 #45

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I know lots of people my not like my idea but I will rather go for casino and gamble than learning skills and go into future trading. I have been into both future trading and gambling before, but I noticed that when I was gambling, I was able to control myself, I was able to manage my lost, but when I was trading futures, I wasted lots of money which at the end I was regretting why I went to learn futures, I was getting addicted to future trading, I was just surprise how I got addicted to it, it’s kind of surprising and I haven’t heard about anybody being addicted to future trading before, I wasted lots of money, immediately I make any money, I ended up depositing the money in my future account and wasting it.

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?
You know what the two is risky, but future trading is very dangerous because most people are after the money which they will be making, so they end up using high leverage since they are after high return which at the end, they will send up losing their money easily. The dangerous thing about gambling is that most people easily end up being addicted when it comes to gambling.

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June 23, 2023, 11:17:05 PM
 #46

Casinos promote themselves as entertainment portals and many gamblers go there to have fun and hope to win money, this is something you cannot see in a trading platform, it's not an entertainment portal, and it's not fun trading to gain profit because there's a lot of works and hours involved.
The casino is not a place where you can make money it's where you go to have fun, whereas on a trading platform, your motivation is to make money.


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June 23, 2023, 11:27:12 PM
 #47

Casinos promote themselves as entertainment portals and many gamblers go there to have fun and hope to win money, this is something you cannot see in a trading platform, it's not an entertainment portal, and it's not fun trading to gain profit because there's a lot of works and hours involved.
The casino is not a place where you can make money it's where you go to have fun, whereas on a trading platform, your motivation is to make money.

people should stop comparing trading vs gambling. because we all know the end of each activity. but do take note that when you go to futures, you should know what you're doing, else, you can easily get liquidated. however, when you are in gambling, you don't need to study the games, because most of them just need common sense. however, even if you study them, the luck still play the major role in your winning.
whereas, in trading, the more you learn and collect experience, the better your chance of earning profits.

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June 23, 2023, 11:41:08 PM
 #48

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

Depends on the interest and the level of knowledge of both. Especially those who are involved in crypto for a long, they are surely well aware of how Trading Futures works therefore, they might have an interest in being a usual gambler while at the same time, slowly keeping up with the phase on Futures.

As for usual gamblers,  especially those who didn't lurk on crypto most of the time, they might not be aware of Futures trading in general therefore, they will just keep on their usual gambling habit and activity.  Maybe some are not even interested in crypto in general so I don't know how can they even consider doing Futures Trading even if they will know the potential of earning here.

As for some crypto-gamblers, they know Futures so sure but maybe most of them are not interested in too much technicality.

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?

Risk will depend on how far the person is knowledgeable at those. What matter here is, risks can be managed in general. In usual gambling, luck is the main factor to win on either luck-based games or strategy-based games, while on Futures, although still need luck to favor the situation, the proper timing plays a critical role.

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June 23, 2023, 11:51:31 PM
Merited by The Sceptical Chymist (3)
 #49

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?
You don't make money in a casino, you enjoy yourself in a casino. The money is the process needed and if you won, then good for you, if not, then too bad, but those are byproducts really, it doesn't (or shouldn't) affect the overall in general, while in trading, the money is the end goal itself. If my goal was to make money, in a situation where I have ample funds and stable income, then trading, or stocks in general. Never gambling. In the first place, I don't think casinos should be identified as a method to earn money. That's just dumb.

If we were talking about risks, to be fair, most casinos are generally in the 50/50 risk ratio (well around there, including the house edge is a bit less than that) but in trading it could go as low as 1/99 but could also go as high as 99/1, depending on what you know. So consistency would be casinos, trading if you know what you're doing.

 
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June 23, 2023, 11:55:10 PM
 #50

Futures trading is kind of gamble which is a known fact. For this reason I prefer gambling where I can get the immediate outcome than waiting to know the outcome. Futures trading assure with the better profit, but it have got the risk higher than what we follow with the traditional trading practice.

You need to be very observing with trading practice, only then it is possible to enjoy the benefits of futures trading. Here also we need the patience to be successful. Not everyone is able to follow it. Another thing we should have long and short term plans

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June 24, 2023, 12:49:56 AM
 #51

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?

Again I see a question of completely different things...

The futures market is, in fact, a trading aimed at financial profit.

However, gambling should never be confused with this same purpose. Gambling games are made for entertainment, their goal is for people to spend money to have fun with the intuition of maybe making a lot of money, but this should never be the primary intention of any player.

The futures market is for the few, requires a lot of financial skill and involves a lot of risk. Gambling is for everyone, anyone with a minimum of skill can place a bet online.

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June 24, 2023, 01:42:00 AM
 #52

people should stop comparing trading vs gambling. because we all know the end of each activity.
because gambling and futures trading have different ways of working. gambling is based on luck and trading is based on skill and the two cannot be compared when it comes to making profits.
we will not be able to profit from gambling even in casino games or sports betting because of bigger risk of losing all the money in bankroll in a short time but if trading we will not lose all the money just like that and it all depends on our skill in setting strategy for profit and cut loss before more losses.

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June 24, 2023, 02:55:46 AM
 #53

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?

Unless you make a distinction first, your parallelism is not clear. People who gamble with a focus on making money don't succeed no matter how hard they try, unless we are talking about poker and sports betting. In these two cases we could draw a parallel with them and trading, but not with the rest of casino games.

As for which would be more difficult, I don't know what to tell you. They all require study and effort, and as for changing your life, you'd better play the lottery, because in poker sports betting and trading, what you win will depend on your initial banrkoll, and if you win a bet or make a trade that gives you a 100x it's because it was a very risky bet or trade and almost every time you're going to repeat a play you're going to lose the money.

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June 24, 2023, 02:57:54 AM
 #54

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
To make some money, obviously I would prefer trading than gambling because with us trading all risks can be minimized as small as possible directly different from gambling where winning and losing depends on luck and it is difficult for gamblers to beat the house edge.

Quote
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?
Saying which is the easiest, then I say it's easier to trade than to gamble even though both can make money but by trading we can have knowledge in calculating price statistics and also technical analysis research.
The risk is obviously bigger in gambling because there when we lose we lose all the money at stake, it's different from trading, where when the price drops we can sell it so we don't lose big or hold it so we wait for the price to improve and then we can sell it.

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June 24, 2023, 03:09:56 AM
 #55

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?

Less risky depending on your bet variation or your position, they have the same "power" probability of beating you in just one round.

However, people still have an interest in each due to the fact that futures and gambling have different orientations. More precisely, gambling prioritizes the quality of the user's gambling experience as an entertainment service so they offer a wider variety of games and various betting bonuses.

Futures are profitability oriented, they give users the opportunity to increase profits with only one type of game which I find boring.

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June 24, 2023, 04:33:26 AM
 #56

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

We first need to make the clarification that they are both not thesame thing and are different from each other, when you are trading, you choose a particular method or pattern for your trading and you don't loose your entire investment on it, when you're gambling, you already know that this is an investment so you risk loosing your entire money on it as well, so as far as they are different from each other, things cannot happened the same way in them both.

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June 24, 2023, 08:08:06 AM
 #57

I've never seen someone saying that trading is fun, it's no fun and yes it's all about making money, the reason why trading is better is because the addiction is not that captivating like gambling, it's easier to walk away from trading than gambling.

You can limit your losses with futures trading unless you don't know what you are doing, all you need is the right skills and there are features like stop loss that are not available on gambling, if you know how to use stop loss you will limit how you lose money.

I just like trading more than gambling because you don't have to deal with emotional garbage, you don't have to set some rules on how you gamble per week, and you can escape total loss when trading.

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June 24, 2023, 08:20:00 AM
 #58

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?
Futures trading and gambling are similar, in futures trading if you can enter the dumping market then you can definitely get profit if you have no chance of liquidation. But if you make a bet in gambling and lose that bet you have no chance of getting your capital back but in futures trading you will definitely get profit if there is no liquidation.

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June 24, 2023, 10:36:32 AM
 #59

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?

Trading always requires skill and knowledge, you cannot approach it with the same mindset as gambling. Only fools trade without the necessary research and analysis of the market. Trading is a skill that can be learned and mastered. Of course, luck is always essential for success, but that's how it is with everything in life.

On the other hand, gambling is a purely luck-based activity. You cannot control the outcome no matter how much you know and how much you have practiced. That is a big difference between the two.

It may sound strange, but I enjoy trading more than gambling. The feeling of winning is much better when you know that you made it yourself.
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June 24, 2023, 11:29:25 AM
 #60

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

We first need to make the clarification that they are both not thesame thing and are different from each other, when you are trading, you choose a particular method or pattern for your trading and you don't loose your entire investment on it, when you're gambling, you already know that this is an investment so you risk loosing your entire money on it as well, so as far as they are different from each other, things cannot happened the same way in them both.
We already know the difference between gambling and trading so it's better to try to make money trading. In gambling, we will not have a big chance to make money, while in crypto trading, the opportunity can come as long as we can analyze market conditions properly.

Trading has become a way for many people to make money and many of them have succeeded in earning money. Although some people have succeeded in making money from gambling, there are not many of them because most of these people experience variable losses.

And if you are confused about choosing a coin on the market, you just have to choose Bitcoin and use it as an investment or you can trade. If you can't analyze, choosing investment over trading is better.

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