Between futures trading and gambling

[BitcoinGirl.Club]

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.

I think it's not entirely true for sports betting. In sports betting a punter can study history, records, conditions, players health, emotional status of the playing team, opponents' strength and may more factors before making a decision. There are many tipsters [I heard, never found one though LOL] who have good records and their picks always perform. Even with spending one or two hours analyzing a team, you can somehow predict who will win or lose. Then you have arbitrage betting on your hand. When a sport better can control his emotion and know when to stop, I think sports betting is more secure than slots and casino games.

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.

I tried to trade my bitcoin many times with the hope of accumulating my coins and every time I failed and lost my stash LOL. Holding is the best that worked for me and working.

[1714523291]

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[slapper]

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.

While it's clear that you distinguish trading from gambling as the lesser of two evils, it's worth taking a closer look at these convictions. Trading, like gambling, is based on uncertainty and, at times, can harbor its own addictive potential. For instance, trading may not bring forth immediate thrills like gambling, but the excitement of monitoring price fluctuations, anticipating market movements, and making trades can bring its own dopamine rush. This can, over time, turn into a form of addiction.

The argument that features like stop-loss make trading safer is only partially valid. Indeed, stop-loss can help limit losses, but only if correctly used. It still doesn't make trading any less risk-prone. It also doesn't ensure that one won't get sucked into the vortex of continuous trading in the hope of recovering losses. The assertion that trading doesn't involve emotional burden seems rather skewed. In fact, emotional decision-making and psychological biases are often at play in trading decisions as well.

[Gozie51]

The argument that features like stop-loss make trading safer is only partially valid. Indeed, stop-loss can help limit losses, but only if correctly used. It still doesn't make trading any less risk-prone.

I don't think there is any means of not correctly using stop loss only if you know how to set it to safeguard some of your money back to you. At least that is what the name means.

It also doesn't ensure that one won't get sucked into the vortex of continuous trading in the hope of recovering losses. The assertion that trading doesn't involve emotional burden seems rather skewed.

Avoiding being skewed is not the purpose of stop loss but to manage resource or the capital. When you make wrong decision the stop loss can stop it at some point.

In fact, emotional decision-making and psychological biases are often at play in trading decisions as well.

Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it

[molsewid]

Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it

Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.

[Gozie51]

but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.

Wow really... Like you said if that decision goes wrong, you are good as starting all over which does not make business sense to take all your coins into trade at a time for a probable profit. 75x is very high risk and not to be encouraged. Likewise also in gambling, to cut the risk is to bet as you can be fine when you lose the money.

[DoublerHunter]

~snip~
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?

^ There are indeed different types of gamblers with varying motivations and preferences.
If I may address your question, it revolves around the choice between gambling in a casino or exploring futures trading as a means to make money. While both options I think offer potential financial gains, of course, there is a risk. However, it is important to remember that the odds are typically stacked against the player, making it a riskier endeavor in the long run.
This futures trading involves speculating on future price movements, it requires learning about market dynamics including technical analysis, which also carries risks. Opposite of gambling that solely pure of base on luck.

[klidex]

Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it

Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.

Of course gambling is very risky to lose money faster because we all know that the gambling business is not to provide customer benefits.
But trading is of course a profit depending on our strategy and our losses can be set how much we have to lose and profit.
For the long term it is better to trade futures with less risk.

[flipme]

To make money in futures trading, we need to learn technical analysis, and we need to make an effort to learn technical analysis. However, we do not need to make any effort to gamble. That's why people generally prefer to gamble. But this is not true in my opinion because gambling is played for fun but we have to make an effort to make money. Of course, there are those who make a lot of money by gambling, but there are more people who lose all their money while gambling than those who make a lot of money by gambling. If you give me only two options, I prefer futures trading.

[Zanab247]

I will prefer future trading because, it will make you to earn so much money than a gambler who don't know when he or she will earn from gambling. Once you achieved trading skills in an organizations, very easy for you to start making money that will help you to open many businesses that will be bringing income to you and it will make you wealthy. There are many people who sold their prosperities to gamble, but they ended up in regret by looking for way to take their life because they don't know how to explain it that will make people to believe, but if you use that kind of money to trade cryptocurrencies , it will be difficult to regret in future.

[Issa56]

Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it

Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.

Future trading can make you rich, but the same way it can make you poor, and the instance that you are giving might even make you poor easily,  most especially for people using the kind of leverage which you recommended above, using 75x is really risky, any slight mistake in your analysis, then you are going to be liquidated, i know the high reward in future trading is one of the things that's always pushing people to trade future, if you are trying to trade futures and you want to reduce your risk, then make use of low leverage, and if you are using low leverage, then your profit will also be low.

[bittraffic]

Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it

Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.

Future trading can make you rich, but the same way it can make you poor, and the instance that you are giving might even make you poor easily,  most especially for people using the kind of leverage which you recommended above, using 75x is really risky, any slight mistake in your analysis, then you are going to be liquidated, i know the high reward in future trading is one of the things that's always pushing people to trade future, if you are trying to trade futures and you want to reduce your risk, then make use of low leverage, and if you are using low leverage, then your profit will also be low.

It's a double edge sword, you could win big when you chose higher leverage but this is also the ones that get you liquidated in no time when all of a sudden the market positions against your trade. It's a gamble on your analysis.

If you wanna gamble with market analysis, I think the binary option is really a good alternative for guys with such personalities. I don't see a good platform for it though. No developers are willing to develop anymore. Traders as just too good at predicting market direction, and binary options website loses more.

[Casdinyard]

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 get that you can alsp gamble with the prospect of profit in mind but I must say, no sane human being would do it for that very reason, as gambling for profit is a death wish and a nasty trap that will force you to spiral down to addiction.

On the other hand you trade in futures for the sole purpose of profit. And unlike gambling which takes little to no skill to learn and do, futures trading is a high-skill ceiling craft that takes some people even years to just he decent in it. I don’t personally do futures since I’ve seen stories of people losing all their hard-earned assets to liquidation, but at the same time between gambling and trading futures, I’d choose the latter any day.

[bitzizzix]

In gambling, we must know that the house always has the advantage and always wins. And gambling activities you can easily lose money even in an instant, and although there are some who win or gain, most lose.
but in trading, the market does not consistently appreciate or depreciate over time. And this means that in the long run, the odds will be in the trade's favor. And I prefer to trade and gamble just for fun, which I do in my spare time.

[Crypto Library]

Futures trading and gambling are not the same thing dude. Yes, but without knowing any knowledge about trading, if you go directly to trading with the hope of some profit then I will call it gambling. But basically the two are not the same , In gmabling the main factors is luck, and in future trading depending on your analysis skill, how much profit or loss are you going to get.

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 think you are conflating these two things, I think a person can do both gambling and futures trading together because the two things are different. He can earn by trading futures and gamble for entertainment. So here I left the question of where to choose and what will be easier.

[Silberman]

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?

When it comes to making money I do not like either one of those two options, I like gambling as a form of entertainment and I think of it exclusively in this way, however while futures trading is a way of making money, the risks that you need to take are simply too high for my tastes, and if the majority of the traders already lose their money with spot trading, this is many times worse when it comes to futures trading.

[Weawant]

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 thought you would ask if future trading is the same as gambling or if they're different and that's what I was prepared to answer but for your question I'll choose future trading over gambling. Future trading and the normal trading are the same thing just that you risk more with future trading.

If you're a trader that has experience with the normal spot market that everybody knows, if you put interest in learning how to trade future market, you'll understand it quickly and can start making profit but gambling is always game of chance, you'll always need luck to win.

Both gambling and future trading can give you life changing money and they can also cause you life destroying losses when you don't know how to manage your risks. Nothing can be done when you over bet with large capital but when trading you can always use stop loss to reduce losses.

[Johnyz]

In gambling, we must know that the house always has the advantage and always wins. And gambling activities you can easily lose money even in an instant, and although there are some who win or gain, most lose.
but in trading, the market does not consistently appreciate or depreciate over time. And this means that in the long run, the odds will be in the trade's favor. And I prefer to trade and gamble just for fun, which I do in my spare time.

This has been the main idea that we should not forget about gambling ang yes we know how this thing works and with trading your chance of making profit are higher compare to gambling. Though futures are too risky since you are trading beyond your actual capital and this can be consider as gambling as well once you trade without proper knowledge. I do trading and I’m more serious on this compare to gambling and I prefer this the most.

[seleme]

Trading and gambling have many similarities but the differences vary depending on the person. Gambling is mostly about luck but the same factor has less percentage effect on the futures trading. Ofc, the risks are there on both options but you have to be able to learn trading skills to manage the account, unlike gambling. Gamblers usually don't have proper money management mechanisms but experienced traders can manage balance very well to avoid bad results. Just my 2 cents.

[lalabotax]

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?

In my opinion, both are risky. And actually the two may be almost similar when we are not really good at analyzing the market and trading futures. In this case, there are several important things that must be understood and mastered before doing futures trading, because after all we can easily lose our money like when gambling. so, we don't just rely on luck, but indeed the expertise to trade in the future. Personally, to be honest neither of them are for regular activities.

[qwertyup23]

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?

Interesting question- both trading and gambling are risky ventures on itself but they provide a possibility of getting significant high amounts of profit.

To answer your question, I would divide my answers into two (2), which are as follows:

Short-term: Gambling; and
Long-term:: Trading.

If you are chasing for profit, it is almost impossible to profit in gambling due to its nature. Sure, every now and then a person may experience a profitable day in gambling but the results cannot be consistent as you are dealing with odds.

In trading, while it may be risky, experience teaches you a long-way. The more you trade, the more knowledge and experience you gain from the process which makes a person expert in this field. There are lots of possibilities to lower the chances of a person failing on a trade as there are also devices for emergency purposes.