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Author Topic: Between futures trading and gambling  (Read 1859 times)
Mr.suevie
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June 28, 2023, 07:57:49 PM
 #121

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.
Boring indeed, I also prefer playing in casino where I can feel that awesome adrenaline rush in my body when I actually wona bet. The joy derive from casino makes it totally different from future trading and since the two of them are both risky, I prefer the one that will make me feel happy when doing it, I don't know but I think casino games will certainly be more fun other than future trading.

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June 28, 2023, 08:56:03 PM
 #122

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 seen many people compare and contrast trading and gambling. We have had that discussion over and over again on this forum but reading through here I am glad it is coming from another angle. I tell you truth some days I just gamble to win. I wan to win so bad that it requires some real self discipline to log off. Some other days, I just want to have fun and gambling comes to my rescue.

I am very cautious about trading despite the warming of both of them being that you should use spare money. I think what I consider is which comes with a higher risks and which comes with a lot of stress. I cannot trade for fun. It is like a full-time job. It is not entertainment. For no matter how much I stand to gain from futures trading, I will do the one with less risk.

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June 29, 2023, 08:18:58 AM
 #123

Many people I know call both of them gambling. I think futures is pretty harder than gambling cause cost of not being right is very high. In gambling I perfectly know how much I am going to lose at maximum. In futures I cannot. Well obviously you may suggest me to apply stop-loss limits so I can know if I lose a trade or not. But why would I trade to lose? That's why I pick gambling over futures. Futures is the best way for high profits indeed but hard.
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June 29, 2023, 08:32:30 AM
 #124

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.

Logically right, there are more traders who are willing to take the big risk to get a quick outcome, they are willing to place their investment the way like they are gambling with opportunities I think the lust for making money in a short period drives traders to take this route and wait if what they've projected will materialize and earn them decent benefits.

It's your judgment that matters here, if you don't do your research then it will turn to a gambling type of trade, but if you pay attention with all the information and all the factor that affects the market, your assessment gives you higher edge to make money.

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June 29, 2023, 08:34:20 AM
 #125

Many people I know call both of them gambling. I think futures is pretty harder than gambling cause cost of not being right is very high. In gambling I perfectly know how much I am going to lose at maximum. In futures I cannot. Well obviously you may suggest me to apply stop-loss limits so I can know if I lose a trade or not. But why would I trade to lose? That's why I pick gambling over futures. Futures is the best way for high profits indeed but hard.

Trading is never gambling but for the fact that you are taking a long term future trading which is more risky that can allows loosing your entire money still don't equate it with gambling, why they need to understand this is because one can still run a trade of low risk whereby you don't loose your entire money when you go short, that is why trading is of different types depending on the choice unlike gambling that you definitely have to either win or loose and you're left with no other choice.
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June 29, 2023, 08:55:24 AM
 #126

Many people I know call both of them gambling. I think futures is pretty harder than gambling cause cost of not being right is very high. In gambling I perfectly know how much I am going to lose at maximum. In futures I cannot. Well obviously you may suggest me to apply stop-loss limits so I can know if I lose a trade or not. But why would I trade to lose? That's why I pick gambling over futures. Futures is the best way for high profits indeed but hard.

If we compare futures with gambling, I also believe that there will be more chances in gambling, but I would add spot trading to this list, because I achieved the best results in spot trading. Wouldn't like to consider futures, this is the most difficult direction for me, in gambling I play with little money, it can hardly be called a serious occupation, but spot trading brings me the best result and, accordingly, I work with significant finances for me, to get the best result.

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June 29, 2023, 10:47:52 AM
 #127

You're compare apple with an orange, not apple to apple.

Futures trading is trading while gambling is gambling, futures trading depends on the market and your analysis while gambling is depends on your luck. This mean if you're a professional you can win in trading, but in gambling you can't because the result is depends on the other party, not you. All you can do is only guess, click and hope you're not wrong.

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June 29, 2023, 11:28:16 AM
 #128

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
In my understanding gambling and trading are two different things, even though both activities can make money, gambling and trading both have high risks, different from investing, in futures trading for a certain time we certainly have to be relatively able to make a profit from selling/buying crypto to increase our assets.

Bottom line: Futures trading and betting betting, to me high risk gambling, where you have to put your money on the line in a game you can't see and the certainty of, while trading you can still control market fluctuations or the movement of crypto assets that you want to buy and sell, so you can create profits.

In my understanding, on the other hand, there are types of bets that are almost as risky as trading, for example: sports betting, this is different from other bets, slots, poker, etc, sports betting at least you can still assess the odds of the strongest team and the game before placing a bet, my understanding is that it is almost the same where you can control your bets, like trading too you can see the crypto assets you want to buy.

R


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June 29, 2023, 12:08:14 PM
 #129

If we compare futures with gambling, I also believe that there will be more chances in gambling, but I would add spot trading to this list, because I achieved the best results in spot trading. Wouldn't like to consider futures, this is the most difficult direction for me, in gambling I play with little money, it can hardly be called a serious occupation, but spot trading brings me the best result and, accordingly, I work with significant finances for me, to get the best result.
Well some people say both of these are gambling and I agree with you. Because, none of the assets are held while entry in futures, we can only guess the price up or down. For example, we place Long, here we are make a guess based on the analysis we are seeing from the candle and its fundamentals. Meanwhile, gambling is playing games and betting or watching sports and betting. The analysis also revolves around the condition of the players in sports. So, this is the reason that futures and gambling are considered gambling. Of course, the perspective of each user will be different depending on how he sees futures positions and bets.

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June 29, 2023, 12:18:00 PM
 #130

We can do both because gambling is just for fun which you can easily learn it but for trading this requires a lot of your time and patience as you needed to learn it overtime and you cant learn it in just one night, others takes months and even years then that is the time they are earning profit but that doesn't mean that you keep winning on it there are really times that you'll lose . But for me doing both is good because gambling is for fun and trading is for profit and knowledge
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June 29, 2023, 12:55:09 PM
 #131

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.
Trading is not gambling and trading cannot be said to be gambling because in trading we ourselves determine the chances of losing or winning and even every step we can take to maximize profits or minimize losses.
Some people out there think trading and gambling are the same thing but in fact they are quite the opposite.

In the long term we usually call it an investment and investment is still uncertain because it is expected in the next few months or years.
A drastic reduction in price does not make the coins we buy disappear because the amount will remain the same at any time, it's just that the mat value will disappear and the coin will become worthless and this cannot be said to be a form of gambling.

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June 29, 2023, 01:12:16 PM
 #132

Futures trading is of higher risk to gambling and you got to be a pro with veteran wealth of experience to make it through futures trading otherwise you can go from $50k to $0 within few seconds in futures trading on the other hand gambling despite some risks involved there's also some fun we derive from it as gamblers, a fun you can get from futures trading. For real, I'll go for gambling than futures trading as I can always replace the  futures with spot trading being less risky.

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June 29, 2023, 01:46:42 PM
 #133

Futures trading is of higher risk to gambling and you got to be a pro with veteran wealth of experience to make it through futures trading otherwise you can go from $50k to $0 within few seconds in futures trading on the other hand gambling despite some risks involved there's also some fun we derive from it as gamblers, a fun you can get from futures trading. For real, I'll go for gambling than futures trading as I can always replace the  futures with spot trading being less risky.
Yeah, for an absolute novice to futures trading, it is much better settle with gambling, since literally any body who has never gambled before, can wake up one morning and in the next 3 to 4 hours, they are already winning some games if they are lucky.

But for futures trading, even 3 months long training sometimes is not enough to master the art and intrics involved with trading the futures market and coming out in profit.

But still, I will not fail to say it that, a professional trader who have mastered the art of trading will still go for futures trading over gambling, simply because, trading can give you a stable income while gambling can't.

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June 29, 2023, 02:13:02 PM
 #134

Futures trading is of higher risk to gambling and you got to be a pro with veteran wealth of experience to make it through futures trading otherwise you can go from $50k to $0 within few seconds in futures trading on the other hand gambling despite some risks involved there's also some fun we derive from it as gamblers, a fun you can get from futures trading. For real, I'll go for gambling than futures trading as I can always replace the  futures with spot trading being less risky.
Futures trading does not rely on luck like playing gambling so it can be analyzed first before opening an order, besides that you can set the amount of take profit and loss so that it makes it easier to minimize the money you have so that it doesn't run out in seconds as you said, gambling too like some casino games there are settings for automatic bots to adjust take profit and lose.

Gambling can also lose faster so both are the same depending on how we choose which one is best for us to play, if you are good at analyzing crypto prices you can try futures trading but if you are not good at trading but good at gambling you should just focus on gambling games don't try both . because both are equally high risk.

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June 29, 2023, 02:18:35 PM
 #135

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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. 
That's great if you've decided gambling isn't for you. I think you've seen a lot that happens in gambling, including many people who have lost. And it's better to use trading for profit than gambling because we can choose coins to trade. But if there really are people who want to choose gambling over trading, that's up to them, and we hope they know the risks and are ready to accept whatever the outcome. And they can compare the results they can get between trades, be it futures or spot trading with betting. And if they see that more trading can provide better results, they should choose trading over gambling.
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June 29, 2023, 02:51:16 PM
 #136

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.
Trading is not gambling and trading cannot be said to be gambling because in trading we ourselves determine the chances of losing or winning and even every step we can take to maximize profits or minimize losses.
Some people out there think trading and gambling are the same thing but in fact they are quite the opposite.

In the long term we usually call it an investment and investment is still uncertain because it is expected in the next few months or years.
A drastic reduction in price does not make the coins we buy disappear because the amount will remain the same at any time, it's just that the mat value will disappear and the coin will become worthless and this cannot be said to be a form of gambling.
If you understand very well what is meant by me, I am more focused on the "Future" futures trading which is technically almost the same as the binary option trading, which is technically we can minimize losses and maximize profits because it has quite high multiplication.
 
I do not debate the "spot" trade because as you say the number of coins you have will not be reduced even though the price continues to decline, it is clear like a sheet of stock and or other assets, whether it's short -term investment or long, number of coins in your wallet does not increase and do not decrease.

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June 29, 2023, 05:58:50 PM
 #137

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.
Even if you play for fun, you are still going to lose your money most of the times. The only difference is the acceptance. It's that gamblers who play for fun can accept their losses easily and there are no regret feeling that can cross in their mind but the opposite gambler will feel the opposite thing. In trading, as long as the beginner don't engage in real time actions immediately, they will not lose their money yet but they will later on although it can be minimized and on top of it is greater profits.

Spot trading like you said is much easier so it's more profitable than compared to futures trading. This is ideal for beginners and pro. We should only do futures if we have extra, like on what we did in playing a gambling.
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June 29, 2023, 06:39:45 PM
 #138

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.
Your friend must be extremely lucky because that doesn't happen to everyone, and it is never possible to start gambling with just $1 because you can't just always start winning as soon as you start gambling, sometimes you face multiple dead bets right after you start gambling and that will result in you losing your small bankroll before you can even win something, however, you are right that trading requires a bigger capital than gambling.

Even though both futures trading and gambling are dangerous because you can lose everything you have in no time in these two, I would still not compare trading with gambling because gambling is a pure game of luck while there is a lot of involvement of knowledge and experience in trading.

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June 29, 2023, 09:04:17 PM
 #139


Gambling can also lose faster so both are the same depending on how we choose which one is best for us to play, if you are good at analyzing crypto prices you can try futures trading but if you are not good at trading but good at gambling you should just focus on gambling games don't try both . because both are equally high risk.


I think you mean in the aspect of losing money. Yeah, you are right; in both, one can lose money, but I think if you are very skilled in future trading, you will really know how to maximize profit and minimize your risk since trading is not measured by luck just like It is with gambling. You know gambling can get one more addicted than trading would, because in trading, you would really know that you are not there for fun but for a serious business, but in gambling, you could also get carried away by the fun and keep gambling and losing. I can just say that trading deals more with skill than gambling, which is more about luck.



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June 29, 2023, 11:21:33 PM
 #140

Spot trading like you said is much easier so it's more profitable than compared to futures trading. This is ideal for beginners and pro. We should only do futures if we have extra, like on what we did in playing a gambling.

It doesn't mean that a much easier to do is more profitable.

There are even traders who didn't even experience being in Future Trading but already losing lots on Spot trading and can't deal with those stress effects after losing. We can't compare the level of profits at both Spot and Futures since it depends on every user's approach and knowledge.

Maybe the best appropriate thing to say is, Spot maybe user-friendly in terms of technicality compare to Futures but overall, both are risky, obviously.

The same goes for the usual gambling. Again, the key to profits at those will depend on the user's own way or approach.

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