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Author Topic: Between futures trading and gambling  (Read 1867 times)
maydna
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June 26, 2023, 03:52:05 PM
 #101

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.
I agree that greed makes us lose a lot of money in gambling and futures trading. I also experience and feel what you feel, and it's really not good. But I reduced my activity in gambling and tried to learn to trade better, including learning to analyze market movements that are always changing. I prefer trading more often than gambling because I gain much more. So I think taking trading more seriously would give us a bigger chance to make a profit. Spot trading can also be a solution to make money, but having skills in trading is a must for a trader.

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June 26, 2023, 05:09:58 PM
 #102

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.
I agree that greed makes us lose a lot of money in gambling and futures trading. I also experience and feel what you feel, and it's really not good. But I reduced my activity in gambling and tried to learn to trade better, including learning to analyze market movements that are always changing. I prefer trading more often than gambling because I gain much more. So I think taking trading more seriously would give us a bigger chance to make a profit. Spot trading can also be a solution to make money, but having skills in trading is a must for a trader.

Taking more time to research all the things that you need before taking your trade or before positioning your trade, it's important to know all the aspects, though just by the same process, if you know more about the things that you are doing you can have some edge, it applies with sports betting and so with future trading, if you have that knowledge about the sports and you really paying attentions to all the factors that affects the outcome you can create good assumptions though not an accurate one but can have some little edge from those who don't have that knowledge,

Same process as future trade. If you focus on learning how the market moves, then you can anticipate the directions, still not an accurate but you can use it as a basis when placing your position.

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bangjoe
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June 26, 2023, 06:07:35 PM
 #103

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 have said several times that in gambling do not expect to get money, it is a wrong decision in seeing gambling, because in fact if gambling is made a place to make your money likely to lose money, but if you take trade, the possibility of your defeat Get it in the initial stage is much bigger, but if you do it consistently and learn every mistake, surely the trade made will bear fruit and it can be a long -term knowledge for profit from trade.

I think it's better to find money in trade, especially in spot trading, rather than having to find income in gambling, it's better to gambling is a place where we spend money to find pleasure.


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.
Long -term investment or short -term investment if done in the trade spot is not gambling at all, because we will not lose our money when prices turn from what we have pddy, I think more about that trade that has elements of gambling is future trade, which When you count the wrong you will lose your money that you have input to guess the price.
For example, you take "long" for BTC prices in trading, but the market turns red which makes MC, that's why your money is lost and you don't have your coins, isn't that the same as asymmetrical gambling?

Yan we have to be happy is that gambling has many types, so it cannot be equated with objects whose mechanisms are not the same, such as card games and sportsbooks, it cannot be equated.

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June 26, 2023, 06:22:37 PM
 #104

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Both are interested in me doing because the ultimate goal is to seek profit even though it contains the same big risk.
If I think about the risk that I will get on both of them I will not do it. Other people might think the same as me if they look at the risk factors.

I personally am more interested in playing in the casino.
There is a pleasure that I can find besides expecting money from a win.
Futures trading is too troublesome and boring in my opinion.

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maydna
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June 27, 2023, 02:54:10 PM
 #105

Taking more time to research all the things that you need before taking your trade or before positioning your trade, it's important to know all the aspects, though just by the same process, if you know more about the things that you are doing you can have some edge, it applies with sports betting and so with future trading, if you have that knowledge about the sports and you really paying attentions to all the factors that affects the outcome you can create good assumptions though not an accurate one but can have some little edge from those who don't have that knowledge,

Same process as future trade. If you focus on learning how the market moves, then you can anticipate the directions, still not an accurate but you can use it as a basis when placing your position.
So trading with sports betting has something in common where we have to take more time to research from various sources. And that's why we need the ability to analyze data from where we find it to determine when to enter the market or place a bet. With these basics, we can place bets or know when to enter the market to increase the chances of getting profits. Perhaps, the results we get cannot be accurate, but at least we can predict what will happen and make a backup plan if the results of our analysis are wrong. And everything is a process that we have to face where learning to analyze or learning how the market moves will never end. We must continue to learn if we want to benefit.

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June 27, 2023, 03:05:07 PM
 #106

In gambling your chance to win and able to beat the house is impossible based on calculation because it's not 50/50.

In trading your chase to win and able to beat the market is completely depend on your decision, there's no other thing can ruin your decision, so it's 50/50.

If you ask which one is better and has a good potential to make money? the answer is futures trading. But there's no fun if you lose in trading because you're only looking to make money, that's why gambling is good when you're gamble for fun.

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June 27, 2023, 04:28:53 PM
 #107

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?
Less risky would be futures trading because skills can be applied here however skills can also be applied in some gambling games. The only difference is trading can be stressful while gambling is fun as long as you won't mind losing because the chance for it to occur is always there.

When it comes to the learning curve, I believe gambling is easier while futures trading isn't. In terms of earning capabilities, gambling had a better odds, I mean we can earn large amount on here quickly if we get lucky than in futures trading. Overall, I think I will be able to do both but I will mostly do futures trading and I will only play gambling on my break time to release the stress that build up in doing futures trading.

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June 27, 2023, 09:39:31 PM
 #108

Personally  I don't see any reason  to compare  them when I can do them both. The only time I enjoy future trading is when I have some reasonable trading capital but for gambling with as low as $1 i might be having some incredible  wins such in the case of a friend who won about $300 with a less than one diary bet and thats the sweetest thing about gambling but if you want to enjoy trading(future) then I will advice that you get some reasonable capital  and if I'm to choose  between  the both provided im.getting all my requirements then I will chose trading  over gambling.
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June 27, 2023, 09:51:20 PM
 #109

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Hehe... How does these even rhyme together?...
Gambling could possibly replicate few bucks in two measures and that's quite enticing!! Addiction sometimes makes the whole strain impossible to refrain. Secondly,anyone that's got a huge interest in games and soccer wouldn't wanna trade, cus it's impossible to trade games, is it?..
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?
Your comparison is lame, honestly!

Sandra 🧑‍🦰

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June 27, 2023, 10:25:17 PM
 #110

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?
Less risky would be futures trading because skills can be applied here however skills can also be applied in some gambling games. The only difference is trading can be stressful while gambling is fun as long as you won't mind losing because the chance for it to occur is always there.

When it comes to the learning curve, I believe gambling is easier while futures trading isn't. In terms of earning capabilities, gambling had a better odds, I mean we can earn large amount on here quickly if we get lucky than in futures trading. Overall, I think I will be able to do both but I will mostly do futures trading and I will only play gambling on my break time to release the stress that build up in doing futures trading.
Lets categorize up on things;

Entertainment
• Luck based (more risky)
• Strategic based (less risky)

Investment/Job/Income
•Futures (more risky)
•Spot (less risky)

But in overall these things are risky, theres only a matter of level of risk in between because we know that there are really indeed things which factors cant really be changed up.
On the time that you would really be dealing up with things then its impossible that you cant really make out some comparison. Now that we are talking about futures
and gambling is similar? In the sense its yes but on how its been done then its different. We know futures that we could really make out some analysis too
on which it do really give the odds on making profits higher than on totally making some random move.

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June 27, 2023, 10:31:22 PM
 #111

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Hehe... How does these even rhyme together?...
Gambling could possibly replicate few bucks in two measures and that's quite enticing!! Addiction sometimes makes the whole strain impossible to refrain. Secondly,anyone that's got a huge interest in games and soccer wouldn't wanna trade, cus it's impossible to trade games, is it?..
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?
Your comparison is lame, honestly!

Sandra 🧑‍🦰

At the end of the day, it depends on the person which one he will venture into, and put his hard-earned money into. But for me, if I have the time and resources, I will study futures, as the chance of getting your profits is better. Gambling will always be gambling. Treat this as a losing activity because it is.
But when you explore futures, you should know that this is a high risk investment, better learn the market well, or else get liquidated fast.
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June 27, 2023, 10:47:27 PM
 #112

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Hehe... How does these even rhyme together?...
Gambling could possibly replicate few bucks in two measures and that's quite enticing!! Addiction sometimes makes the whole strain impossible to refrain. Secondly,anyone that's got a huge interest in games and soccer wouldn't wanna trade, cus it's impossible to trade games, is it?..
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?
Your comparison is lame, honestly!

Sandra 🧑‍🦰

At the end of the day, it depends on the person which one he will venture into, and put his hard-earned money into. But for me, if I have the time and resources, I will study futures, as the chance of getting your profits is better. Gambling will always be gambling. Treat this as a losing activity because it is.
But when you explore futures, you should know that this is a high risk investment, better learn the market well, or else get liquidated fast.
Better make yourself that be able to be doing well on spot trading first before you would be venturing or would really be touching up futures because this is something that would really be that so risky to deal with if

you dont have that sufficient experience and knowledge into it.Some do say that futures is simply gambling but on a trading form. Its true that lots had been liquidated but we know that there are one who do really
make profits in the other side. We know that there's only two paths on which the price would be able to go which is going up or down. If you are really that good when it comes to technicals and fundamentals
then you could really make use of these things to be your advantage on which it would really be just that normal that you would experience losses which its inevitable.

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June 27, 2023, 11:04:45 PM
 #113

Personally  I don't see any reason  to compare  them when I can do them both. The only time I enjoy future trading is when I have some reasonable trading capital but for gambling with as low as $1 i might be having some incredible  wins such in the case of a friend who won about $300 with a less than one diary bet and thats the sweetest thing about gambling but if you want to enjoy trading(future) then I will advice that you get some reasonable capital  and if I'm to choose  between  the both provided im.getting all my requirements then I will chose trading  over gambling.

In addition to reasonable capital, futures trading also requires expertise in reading the market, technical analysis so that it doesn't just seem like guessing at prices. In fact it will be the same as gambling if you do not have the knowledge of how to trade futures. besides that, using leverage will be a benchmark, don't use too much leverage with big bets, it's the same as choosing the highest risk of losing everything. Trading and gambling are certainly different and if I had to choose I would choose trading and gambling only as an entertainment option.
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June 27, 2023, 11:34:51 PM
 #114

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?
Gambling mostly have to do with luck, and as such, I would say it's less risky then futures trading, but it's definitely not as difficult as futures trading which requires skills and good knowledge of the market.

The truth is, anyone who have tried this two and is not as skillful and knowledgeable about the crypto market, will choose gambling over futures trading, futures trading is not as easy as many think, in futures trading, you have to research, carry out several market analysis, and also spend several hours just watching charts and reading the news, this are things that are not so in gambling, depending on the game the gambler chose to play, for example, sports betting does require research and time watching games and all that, but this research is not as deep and time consuming like it is with doing futures trading.

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June 28, 2023, 09:07:57 AM
 #115

Taking more time to research all the things that you need before taking your trade or before positioning your trade, it's important to know all the aspects, though just by the same process, if you know more about the things that you are doing you can have some edge, it applies with sports betting and so with future trading, if you have that knowledge about the sports and you really paying attentions to all the factors that affects the outcome you can create good assumptions though not an accurate one but can have some little edge from those who don't have that knowledge,

Same process as future trade. If you focus on learning how the market moves, then you can anticipate the directions, still not an accurate but you can use it as a basis when placing your position.
So trading with sports betting has something in common where we have to take more time to research from various sources. And that's why we need the ability to analyze data from where we find it to determine when to enter the market or place a bet. With these basics, we can place bets or know when to enter the market to increase the chances of getting profits. Perhaps, the results we get cannot be accurate, but at least we can predict what will happen and make a backup plan if the results of our analysis are wrong. And everything is a process that we have to face where learning to analyze or learning how the market moves will never end. We must continue to learn if we want to benefit.

Never ending try, by experienced you'll be able to grasp more ideas on how to place your position or your bet, it's more on how you will focus and how you will find or locate all the possible resources that may help you to increase your knowledge. It's more on how to determine you are and how you will pick learnings from all your experiences and collect it to form a better plan and strategy that may help you to anticipate in a much better way.

It's your money that you are using and you are the pilot of your journey. The more you understand to possible outcome, the more careful you are in how to play with your money.

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June 28, 2023, 10:26:48 AM
 #116

~snip~
Never ending try, by experienced you'll be able to grasp more ideas on how to place your position or your bet, it's more on how you will focus and how you will find or locate all the possible resources that may help you to increase your knowledge. It's more on how to determine you are and how you will pick learnings from all your experiences and collect it to form a better plan and strategy that may help you to anticipate in a much better way.

It's your money that you are using and you are the pilot of your journey. The more you understand to possible outcome, the more careful you are in how to play with your money.
So basically, we must keep learning to increase our knowledge to find ways or strategies to win gambling even though we also have to realize that luck determines our win. But in trading, as long as we can increase our knowledge and put it into practice, I think our profit potential can be greater than in gambling. Even though we can also experience losses from trades, at least we have the opportunity to recover those losses from other trades.

So as long as we can manage the use of money for gambling or trading, I think we will be fine and can enjoy it, especially in gambling. And in trading, we also look for and find the right coins that can help us to make a profit.

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June 28, 2023, 12:20:03 PM
 #117

Both possess risks. In gambling, you risk your fund for entertainment. A profit is just a plus points and a type of reward, this is if you are gambling because you just want to have fun or pass time. But if you are gambling just to earn profit, it will be much riskier since you are expecting something in return and you will allocate a bigger fund for playing. Of course, if you want to profit, you have to have a capital. The higher the fund you can spend in gambling, the higher the chances of you winning because you can play more games with more money. However, it doesn't really guarantee that you will bring home a huge money since the overall results is still mainly based on your skills, knowledge, and luck.

When it comes to future trading, it also possess a risk, but this one is mainly focused on building your portfolio and making money. You won't be in futures trading if you'll just play and have fun. The moment you enter it, you have a goal in mind which is to make money. If your goal is to be financially stable, you have higher chance of attaining so by futures trading. Although be reminded that this way requires you to have vast knowledge, strategies, and techniques. You need to know how to analyze the market flow and not just go by your gut feeling. Overall, it will depend on which risk you want to take.

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June 28, 2023, 02:06:53 PM
 #118

So basically, we must keep learning to increase our knowledge to find ways or strategies to win gambling even though we also have to realize that luck determines our win. But in trading, as long as we can increase our knowledge and put it into practice, I think our profit potential can be greater than in gambling. Even though we can also experience losses from trades, at least we have the opportunity to recover those losses from other trades.

So as long as we can manage the use of money for gambling or trading, I think we will be fine and can enjoy it, especially in gambling. And in trading, we also look for and find the right coins that can help us to make a profit.
Gambling is not an option for me; it has never been and will never be my thing. Gambling and future transactions are not the same thing, even if both involve a certain amount of luck. Gambling necessitates the availability of games as well as statistics in order to record successful results. While trading deals with fundamentals and technical analysis, understanding them at one's fingers allows one to predict market seasons. I prefer futures trading to spot trading since it provides more earnings while also generating losses if not traded intelligently. 


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June 28, 2023, 02:41:09 PM
 #119

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?

As for easier I don't know. It seems to me that even futures trading must be more difficult and stressful because I don't think people do futures trading for entertainment (and in the process see if they make any money) it's more like a job, like part-time.

The difference I think is that there is no negative mathematical expectancy, like in the casino, but making money consistently in futures trading is within the reach of very few and those who fall by the wayside can get very badly scalded.
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June 28, 2023, 07:37:52 PM
 #120

So basically, we must keep learning to increase our knowledge to find ways or strategies to win gambling even though we also have to realize that luck determines our win. But in trading, as long as we can increase our knowledge and put it into practice, I think our profit potential can be greater than in gambling. Even though we can also experience losses from trades, at least we have the opportunity to recover those losses from other trades.

So as long as we can manage the use of money for gambling or trading, I think we will be fine and can enjoy it, especially in gambling. And in trading, we also look for and find the right coins that can help us to make a profit.
Gambling is not an option for me; it has never been and will never be my thing. Gambling and future transactions are not the same thing, even if both involve a certain amount of luck. Gambling necessitates the availability of games as well as statistics in order to record successful results. While trading deals with fundamentals and technical analysis, understanding them at one's fingers allows one to predict market seasons. I prefer futures trading to spot trading since it provides more earnings while also generating losses if not traded intelligently. 
It is true that futures trading can in theory provide you with higher profits than spot trading, but how  many people actually are able to get those results? And their numbers should be even lower than spot trading, this makes futures trading to be incredibly risky in my opinion and most traders would do better if they avoid it, still the smell of money is incredibly strong and most people are unable to resist its allure and this is why futures trading is so popular in this market.
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