BitcoinTurk
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June 25, 2023, 02:30:35 AM |
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Would you prefer to gamble in a casino and make some money or learn about futures trading and make some money? In order to give a clear answer to this question, the person must first decide whether his or her purpose is to make money or have fun. Although both methods of comparison are quite risky and they are certainly not the same thing. Gambling is a form of entertainment rather than a way of earning but trading is a way of earning. It is not necessary to have knowledge and experience to gamble and it will only be enough to solve the working principle of the game to be played. But trading requires knowledge and experience. Also wants to do research and learn up-to-date information about the financial product you will be trading. When it comes to trading futures, it would not be right to say that it is a gamble because futures potentially increase the risks of trading. So, trading futures is a risky way of earning but it's not exactly a gamble. In summary, gambling is a form of entertainment, trading is a way of earning and trading with futures is a very risky way of earning. For this reason, you are comparing two different things and a direct comparison of the two would not be very accurate.
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tusandii
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June 25, 2023, 03:27:56 AM |
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To answer your question, I would divide my answers into two (2), which are as follows:
Short-term: Gambling; and Long-term:: Trading.
I don't know why I don't agree with your answer because in short-term trading it can also be done and in short-term trading we can avoid losses from falling crypto prices that we trade. But all of that is their individual choice and I respect what is your opinion. I myself prioritize trading if I really want to find a profit with a risk that we can still control and use gambling only as a place for fun and to entertain myself if you are lucky to get a win but a win is just a bonus.
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Oshosondy
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Gamble responsibly
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June 25, 2023, 08:09:49 AM |
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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.
You are right, but gambling and trading are both risky. Trading requires learning and experience and ability to stay on the rules, to focus and be disciplined against emotion just like what gamblers have to do to minimize losses, because if not, it is very risky like gambling too and the loss can even be more than gambling. Both needed discipline. But in making money, I can not consider gambling as one, it should only be taken for fun, but I can still try all my best to use trading to make money. In the process of using trading to make money, it becomes a problem for many traders and they lose just like in gambling or more than while gambling. But both of them can be a regular activity if you know what you are doing. But instead for some people to become addicted, it is better not to make any a regular activity just like you said.
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LDL
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June 25, 2023, 12:42:16 PM |
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Not everyone can brave risking on futures trading while the market is very much unpredictable. Gamble is more predictable and the result is always losing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Seriously, both has risk. The problem with futures trading is that traders also lose all the time. You will need to lose thousands first before you lose everything and learn. In gambling, you can alreadyprofit when your lucky. If there is a possibility of liquidation in case of futures trading then you can add more deposits to reduce the amount of liquidation. And later when you get profit then you can avoid future trading with stop loss. But if you place a bet in gambling and you know that you are going to lose for sure but at that time you cannot withdraw your bet. As a result, what you bet in gambling will be lost forever.
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CarnagexD
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June 25, 2023, 02:41:42 PM |
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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?
The thing is EASIER. And in futures trading, it won't be easy because you have to learn many things technical analysis, psychology, and such. It will take you a lot of patience and discipline to be a profitable one. So if you want an easy route, then go for gambling. Both will absolutely give you an insurmountable amount of money if you do it right. Both have risks but different levels of difficulty. One requires luck while the other requires you more skill. It's just a matter of what risk are you willing to tolerate.
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aioc
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June 25, 2023, 03:10:58 PM |
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would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Even if I choose to make money at the casino it's not going to be possible, because the house edge will always beat you and even if it's sports betting there's no guarantee of making money, you can make money on trading provided that you have the time and the motivation, so between the two trading is preferable. 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? Between the two trading is less risky, you can minimize your losses compared to gambling you can lose everything, both options involved emotions, but I find emotions in gambling hard to manage or control which is why so many gamblers are prone to chasing their losses.
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bittraffic
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June 25, 2023, 03:22:18 PM |
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Not everyone can brave risking on futures trading while the market is very much unpredictable. Gamble is more predictable and the result is always losing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Seriously, both has risk. The problem with futures trading is that traders also lose all the time. You will need to lose thousands first before you lose everything and learn. In gambling, you can alreadyprofit when your lucky. If there is a possibility of liquidation in case of futures trading then you can add more deposits to reduce the amount of liquidation. And later when you get profit then you can avoid future trading with stop loss. But if you place a bet in gambling and you know that you are going to lose for sure but at that time you cannot withdraw your bet. As a result, what you bet in gambling will be lost forever. Traders has the option to not lose actually and thats to just be on the spot market. Its the only way to avoid hitting the stoploss limit or some margin call. Depositing more is just feeding the loss, you can only do this if you are sure that in the next few hours the market trend will go your way. Otherwise Just exit the position. If OP is stuck which is which that he would go, he'll find comfort in doing both gambling and trading in binary trading options.
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bitbollo
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June 25, 2023, 03:24:45 PM |
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there are bettors who have really won a lot and have achieved excellent results with small investments same as trader that operates with futures.
betting in the casino and making money is practically impossible in the long run (and honestly without cheating).
I would make a comparison between the possibility of professional betting on a specific sport and futures trading...at a certain level/approach gambling and trading are two similar activities.
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len01
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June 25, 2023, 04:55:55 PM |
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The thing is EASIER. And in futures trading, it won't be easy because you have to learn many things technical analysis, psychology, and such. It will take you a lot of patience and discipline to be a profitable one. So if you want an easy route, then go for gambling. Both will absolutely give you an insurmountable amount of money if you do it right. Both have risks but different levels of difficulty. One requires luck while the other requires you more skill. It's just a matter of what risk are you willing to tolerate.
are you sure you give advice to gamble? on the other hand you already realize that gambling is all about luck. trading we do have to have skills but at least be able to overcome losses not too much compared to gambling which will definitely lose because of the house edge and luck will not come every time or every day. and you have to remember luck with these skills is very different.
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goldkingcoiner
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June 25, 2023, 05:02:35 PM |
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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 is gambling for traders. For regular gamblers, its not really fun. But with futures trading it feels like you are in control because you somehow think you can predict price movements or market sentiment. Just like with day trading. But the danger in the first kind of trading is that you can get liquidated, aka lose all your coins. With regular daytrading you might have less than you started with but you will not lose all your money just because of a single bad market movement. Either way you are 99% not going to be making money with futures trading nor with daytrading, in the long run. Prices have too much volatility to be considered profitable trading. You get liquidated eventually.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Fredomago
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June 25, 2023, 05:22:26 PM |
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Not everyone can brave risking on futures trading while the market is very much unpredictable. Gamble is more predictable and the result is always losing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Seriously, both has risk. The problem with futures trading is that traders also lose all the time. You will need to lose thousands first before you lose everything and learn. In gambling, you can alreadyprofit when your lucky. If there is a possibility of liquidation in case of futures trading then you can add more deposits to reduce the amount of liquidation. And later when you get profit then you can avoid future trading with stop loss. But if you place a bet in gambling and you know that you are going to lose for sure but at that time you cannot withdraw your bet. As a result, what you bet in gambling will be lost forever. There's a feature in gambling if you are into sports betting a cash out option but inside a luck based gambling, then it's true that there's nothing you can do if you anticipate that your bet is already in a losing side, unlike with future trade you can minimize if you are focusing with the daily or hourly market movements,. You can change it up and you can adjust to the possibility that you'll be able to recover in case in your first position the market went in another direction. You can do stop-loss and then re-position yourself.
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slapper
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June 25, 2023, 09:09:24 PM |
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Would you prefer to gamble in a casino and make some money or learn about futures trading and make some money? In order to give a clear answer to this question, the person must first decide whether his or her purpose is to make money or have fun. Although both methods of comparison are quite risky and they are certainly not the same thing. Gambling is a form of entertainment rather than a way of earning but trading is a way of earning. It is not necessary to have knowledge and experience to gamble and it will only be enough to solve the working principle of the game to be played. But trading requires knowledge and experience. Also wants to do research and learn up-to-date information about the financial product you will be trading. When it comes to trading futures, it would not be right to say that it is a gamble because futures potentially increase the risks of trading. So, trading futures is a risky way of earning but it's not exactly a gamble. In summary, gambling is a form of entertainment, trading is a way of earning and trading with futures is a very risky way of earning. For this reason, you are comparing two different things and a direct comparison of the two would not be very accurate. Indeed, I see your effort to differentiate gambling and trading, but your analogy feels too simplistic. The subtleties of both actions are more than just a split of fun versus profit. Ponder the aspect of risk control. Gambling's risk is purely monetary - the stake. In trading, particularly futures, risk management becomes multifaceted. Traders must consider things like market shifts, liquidity, and margin requirements. They're taking calculated steps based on multiple variables, unlike gamblers who are mostly luck-dependent. Consequently, to label trading as merely a "risky profit" method is a vast oversimplification. Responsible trading is a complex task, involving study, competence, and strategic insight - a disciplined endeavor that distances it from the erratic nature of gambling.
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coin-investor
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June 26, 2023, 10:19:18 AM |
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...at a certain level/approach gambling and trading are two similar activities.
I totally agree and I have it in my recent posts I just don't believe that you can make money on gambling on a continuous basis or make it a goal. You'll get busted and your expectation crumbles if you play to make money, whereas in trading the probability is always there, there are traders who can boast that they can make money and even made huge money and they got it based on their experience and skill, its hard to do that on gambling, even if you have a plan it's still 50/50 that it's going to work.
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BitcoinTurk
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June 26, 2023, 10:37:34 AM |
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Indeed, I see your effort to differentiate gambling and trading, but your analogy feels too simplistic. The subtleties of both actions are more than just a split of fun versus profit. Ponder the aspect of risk control. Gambling's risk is purely monetary - the stake. In trading, particularly futures, risk management becomes multifaceted. Traders must consider things like market shifts, liquidity, and margin requirements. They're taking calculated steps based on multiple variables, unlike gamblers who are mostly luck-dependent.
Consequently, to label trading as merely a "risky profit" method is a vast oversimplification. Responsible trading is a complex task, involving study, competence, and strategic insight - a disciplined endeavor that distances it from the erratic nature of gambling.
If you examine my comment more carefully you can see that I have stated in a very simplified way what trading is but mainly informing about futures. So, although I have explained the definition of trading very simply the phrase "risky profit" that I have mentioned here is used to emphasize futures. So, basically what I want to tell here is that trading is a method of earning with various difficulties and factors to be followed but futures are increase the risks that may arise from trading.
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Mauser
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June 26, 2023, 11:07:23 AM |
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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 have traded futures in the past and I find that gambling suits me personally better. There are quite a few differences between futures trading and gambling in a casino. First of all the risk is much higher in the futures market, because we can lose more money than we actually invest. In a casino we can only lose the money we have, there is no leverage, once our walletis empty there is no more active bet. When trading futures we have to put money in a margin account and our actual trading size is much larger, which can lead to higher losses. Once our money in the margin account is gone we will have to put more money. That's why I prefer to play in casinos, I know the games before and my chances of winning. Also I don't think someone who is good at gambling will be good at futures trading from the starts. The two need different skill sets and people should train for it.
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sunsilk
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June 26, 2023, 11:12:43 AM |
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would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Well, this is like always the topics about unending futures and gambling. Both can be done at work so if my preference, I'll go with trading because it's got some calm way of gaining through spot and if I want to get some quicker way then futures is there. 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?
About it being risky, I'd say that it relies on the type of game you'll choose in gambling. Like if you're in sports betting, that's easier than futures trading.
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piebeyb
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June 26, 2023, 11:43:12 AM |
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there are bettors who have really won a lot and have achieved excellent results with small investments same as trader that operates with futures.
betting in the casino and making money is practically impossible in the long run (and honestly without cheating).
I would make a comparison between the possibility of professional betting on a specific sport and futures trading...at a certain level/approach gambling and trading are two similar activities.
Yes, it's true it's a similar activity but the way it works is different even though both of them can make us rich and make us poor in a short time, still if I were asked to choose of course I prefer futures trading because we are still analyzing prices from crypto trading and it would be impossible for anyone to play that price, in contrast to gambling which could have been arranged to win the dealer. I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.
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Trade on the go. Anywhere, anytime.
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Shinpako09
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June 26, 2023, 11:52:58 AM |
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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?
Good topic. I chose to gamble because I lack the patience to learn to trade. It takes time to learn how to trade, but once I do, I'll take trading over gambling any day. I've always seen videos on TikTok of people making a lot of money in futures trading but also losing a lot of money, but the good news is that they're still in positive profit.
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Luzin
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June 26, 2023, 12:00:10 PM |
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I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.
I'm not a gambling expert, but I sometimes bet on football. But that was when I didn't have much to do. That means I do it for entertainment only. So I don't think of making money from gambling. Then for futures trading. I've done that, I can even earn $100 dollars in one day. But in the end I was greedy and my capital was exhausted. Maybe this is due to the reason that I can't manage emotions. But from then on I quit futures trading. I currently trade a lot in the spot market only. Not bad but I measured my ability.
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bittraffic
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June 26, 2023, 03:39:01 PM |
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I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.
I'm not a gambling expert, but I sometimes bet on football. But that was when I didn't have much to do. That means I do it for entertainment only. So I don't think of making money from gambling. Then for futures trading. I've done that, I can even earn $100 dollars in one day. But in the end I was greedy and my capital was exhausted. Maybe this is due to the reason that I can't manage emotions. But from then on I quit futures trading. I currently trade a lot in the spot market only. Not bad but I measured my ability. So many had committed suicide after losing in the futures market. Probably not reported but there are some like the kid who lost all his money from Robinhood. But of course, there are also lots in gambling who end up homeless. They are both that risky, both require more skills than just counting potential profit. It's easier to just try my luck on forex than on BTC futures at least the mt4 software they have is pretty stable than usingthe browser platform of exchanges.
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