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Author Topic: What do you think about trading feature?  (Read 777 times)
Hamphser
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November 03, 2023, 06:41:35 PM
 #141

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I haven't tried it, but I'm sure it's not part of trading like you trade coins on an exchange.
Maybe it's also part of a new game of guessing the price of a coin, whether it will go up or down. The casino does not incorporate trading features into gambling, it is an alternative game with number prediction bets. it also relies on your luck.
I don't really think there's anything like "trading features" on casinos... Is there an alternative name for that? Cus anything trading doesn't really correlate with gambling... How's that?

luck?. If it's actually a number prediction, how's that supposed to be called trading?... Y'all mix up alot of informations inappropriately. Maybe I'd have to look up this information - on how true it is...

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In general,  I don't even buy into the idea of having a trading feature on a casino,  because this will lead to so many compactions of things and also make the whole process,  so let trading be left for exchange while we are in the gambling section concentrate on gambling at most cases.

Although I know of a few casinos where you can convert your balance from one currency to the other because I have seen where I deposited bitcoin and was able to withdraw through USDT in one of those casinos around.
There's no way that you could really be able to stop them or with those companies who had really made out some consideration on adding up that binary option type of trading gambling game on which we know that
it is really that getting in line with the real time prices of a certain coin that they are really that listing which it is of course it would really be going into such perspective that they would really be putting up such thrill on via giving out that fastest time as possible for you to be able to place up your bets. Its true that leaving trading alone is something that should but you cant stop companies on integrating trading type
on a gambling way on which we are seeing something such as this.

As a trader then if  you dont like this kind of set-up or type of gambling then it would really be your choice but there would really be those people whom do really love on engaging things on which they do
seem that it would really be that interesting for them. There are really just those who cant really be able to bare up with the risks involved specially in dealing with gambling.
They would really be tending to separate on whats this and whats that. There are ones who could really enjoy and there are ones who cant really just be able to handle it out.

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November 03, 2023, 06:50:58 PM
 #142

They have been around for sometime now op and aren't something new or anything. These games are definitely entertaining and provide a lot of fun, but they aren't useful for making serious money thanks to the house edge.

It is completely dependent on luck while real world trading depends on luck and skill which is why it's a better way to try and earn money basically.
But isn't it from both of them that we both don't know the results even though the analysis approach has been made, a futures trader also won't know where the market will move for price movements, just like you play poker, right? and both have the same points that can be influenced by luck.
And again future trading there is no handover of assets / goods which makes it not included in the trade, but more on guessing the price also you can use the multiples feature on this trading action which makes me even more convinced that this is gambling.

Many say that by analyzing fundamentals, charts, sentiment and so on, it is like you are calculating and analyzing what cards will come out of a person, what are the possible cards that your opponent has, and what cards he is stacking so that you can prevent him from winning the match. Likewise, in football betting, you analyze the team's ability, look at each player's ability, the strategy used and many other points that are taken into account before deciding on a bet, and that is a skill, so how do you answer this statement?

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November 03, 2023, 09:14:24 PM
 #143

I was curious why a casino would turn into a trading platform all of a sudden but I later found out that OP misunderstood prediction for trading, that's no way near trading, because I can't use any tools or charts reading analysis on the platforms, they still functions as gambling because you just have to predict what will happen next, but there is a catch,  if you are already a trader and you have your tools you can easily do your analysis on another platform before placing your bet, to me it's still a lot like gambling.
It seems like it's labeled as trading but not not trading. Yes in pure trading there are ways to analyse market situation using different tools and charts etc. But in here you are only predicting the price. It's the same as gambling. It's basically gambling which is named as trading. Honestly I haven't tried it yet. I have been away from gambling for some times. But by your writing I can think of that, it does not belong anywhere near gambling. Gambling and trading are two different things. One can't just mix them. Gambling is purely played with luck and trading is done with right analysis. Having this features in gambling platform seems like a bad idea to me.
Future trading is very risk and it is meant for people that have good understanding about the market. A newbie trading on the future perspective may be doing themselves harm because any single mistake here could lead to bigger loses especially when the market suddenly skyrocket against us. It is better to trade on the spot market than going for future trades because this can cause great loses when we make the wrong decision. Many traders gamble in the future market and because of this, they don't spend much time in the market since a wrong decisions or trade can cause big loses without using a stop lose.

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November 03, 2023, 09:27:27 PM
 #144


As a trader then if  you dont like this kind of set-up or type of gambling then it would really be your choice but there would really be those people whom do really love on engaging things on which they do
seem that it would really be that interesting for them. There are really just those who cant really be able to bare up with the risks involved specially in dealing with gambling.
They would really be tending to separate on whats this and whats that. There are ones who could really enjoy and there are ones who cant really just be able to handle it out.
Just let like the AI development that have threatened the peace of humanity and still it developers are busy building it and pushing for mainstream adoption of the to,  same is any financial development in a company most especially those that the company consider to be a high revenue venture,  and binary feature in a casino will indeed increase the revenue drive of the company so for that,  I believe casinos owners will at all time work toward achieving such milestone in combining the two into same platform.

So I won't be surprise to see such development even though their are not likely all that popular for now,  but in the days ahead we will notice their levels of popularity and how effective their are.
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November 03, 2023, 09:47:13 PM
 #145

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
Personally I think the logic these gambling sites will be using unknowing to us will be volatility, they will definitely take advantage of volatility and sometimes manipulations in the market as these stake are mostly within certain time frames for movements in the market.

I don't see this as any advantage for the gamblers because the casino is always kept at a disadvantage for it's players but unknowingly we think we can out smart the casino, the market have a up nd down pattern but in-between, there lays volatility and manipulations which you may not be very careful of probably because you are not aware ,I think that is even different from trading to an extent because trading strategies may not work effectively for that but then if you have a strategy that works on it then it could be a fair deal for you but it's risky.

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November 03, 2023, 09:53:56 PM
 #146

I think this is kind of a cool concept when it comes to a simple sort of 50/50 game, but this is too sort of like investing in the stock market.  You're essentially betting on whats going to go up and down price wise for stocks.  I guess there is a bit more skill to that but it feel similar.  I like it when casino games aren't too overly complicated. It's nice just to make some mindless bets for fun.

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November 03, 2023, 11:42:16 PM
 #147

Wow, I think this really gives in to the idea of some people who have always believed that trading is another form of gambling where one doesn't know and is not guaranteed of their outcome, but I guess this is going to be a problem for some traders in the sense that constantly playing such bets will make them have some mixed feelings when ever they are trading features in the real crypto market.

Not as if it's bad to introduce it in the casinos; it has always been a gambling thing to some people, and it's really going to be fun gambling on such a game. I believe I will do well with its features and price flow.
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November 04, 2023, 06:22:02 AM
Merited by bangjoe (1)
 #148

Many say that by analyzing fundamentals, charts, sentiment and so on, it is like you are calculating and analyzing what cards will come out of a person, what are the possible cards that your opponent has, and what cards he is stacking so that you can prevent him from winning the match. Likewise, in football betting, you analyze the team's ability, look at each player's ability, the strategy used and many other points that are taken into account before deciding on a bet, and that is a skill, so how do you answer this statement?
I reread your post a couple of times and I still didn't understand what your point was. If you're trying to say that both are skill+luck based games, that's just silly and my previous post already mentioned why.

However, if you're trying to say that both are purely luck based games, that is even more silly and crypto traders can attest to that.

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November 04, 2023, 09:17:06 AM
 #149

Many say that by analyzing fundamentals, charts, sentiment and so on, it is like you are calculating and analyzing what cards will come out of a person, what are the possible cards that your opponent has, and what cards he is stacking so that you can prevent him from winning the match. Likewise, in football betting, you analyze the team's ability, look at each player's ability, the strategy used and many other points that are taken into account before deciding on a bet, and that is a skill, so how do you answer this statement?
I reread your post a couple of times and I still didn't understand what your point was. If you're trying to say that both are skill+luck based games, that's just silly and my previous post already mentioned why.

However, if you're trying to say that both are purely luck based games, that is even more silly and crypto traders can attest to that.
If you do not understand the essence, try not to focus on the name of the asset, but I am more inclined to the practice done or the trading process, because in Future trading according to my perspective it is the same as binary option, you only press the long/short button in your trading process , and there is no purchase activity on the asset/crypto that should be when you buy into your wallet. In the language of trade is the activity of exchanging goods so that you have the right to the item. While Future in the process is the same as you bet on a match to predict victory or defeat or Long and Short, in other words there are no assets/items that are traded as a form that you make buying and selling/trade on these assets. IMO

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