mindrust
Legendary
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December 16, 2023, 09:28:53 PM |
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You are mostly right about the entertainment angle but this depends on the person too imo. If a person is a fan of watching sports, gambling might be more entertaining for him. If a person don't watch sports, not interested in any form of gambling but likes to manage portfolios, then it is a whole different story. Trading/investing and gambling have so many things in common but they are also so different than in each other at the same time. There are many people who lost their interest in watching sports so gambling may mean nothing to them. These people may still get some entertainment from managing their portfolios (especially if they are making the successful trades which generate profits) so your arguments don't apply to these people. Sometimes making money is more fun than losing it. Just saying. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Lanatsa
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December 16, 2023, 09:29:29 PM |
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I cannot even remotely get myself interested in trading at all. Seems like a very boring way to spend my days. With sports, I can place a bet and be entertained for 2-3 hours per game and relax and enjoy myself. Basically, I agree with your assessment that betting sports is way more entertaining. It is something that you could be able to compare about having a work and having some leisure time. Its true that trading is never been that fun but rather you would really be needing that serious approach towards it because you cant really just hover around and enjoy trading because it doesnt really fit out with that. It is really just like more than a job and we know that its not entertaining at all since you would really be needing that kind of approach on which it is really just that right that you should really be that serious on dealing with it. As for gambling then this is something that we can tell that we can really be able to enjoy. The overall essence would really be that different because you are dealing with something which is entertaining and something that could give out some thrill specially when you are choosing on the team on which you do see on whose gonna win. There's thrill and excitement and this is something you can able to feel out when you do make trades.
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passwordnow
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December 16, 2023, 09:29:40 PM |
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I will not argue and I agree that gambling is more relaxing and entertaining if the comparison is with trading. Who likes to look at those red and green candles, they aren't entertaining. What's entertaining is to watch your favorite horse, player, team, hold or kick that ball with our favorite sports. The visual is way better and no matter what is the outcome of our bets, it doesn't matter a lot right? And that's because we're avid fans of these sports.
We don't have a grudge if we lose because we know that's part of the game and betting. But the value that it gives a bettor to each of us is different and have a significant impact. If we're going to look at those times that we're having a bad time, we might just think to watch these sports and place some bets. It's either going to give us some relief as we win or more frustration but let it be whatever happens, we bet and we gamble.
That's the beauty of gambling and it's entirely different from trading. Someone may become instantly rich with their trades but not with betting with placing single bets but the feeling, the emotion and memories that are attached to these bets will be made and will be remembered.
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Casdinyard
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December 16, 2023, 09:34:52 PM |
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I think it’s all about the intent and purpose which makes you feel like gambling is more relaxing than trading.I mean it should be first and foremost cause gambling’s supposed to be an entertainment method you take for when the other pastimes you have just couldn’t cut it for you. Trading on the other hand is your passive income stream to get those moolahs apart from your regular emplpyment, and since money’s more in the line with trading. It only makes sense that you have to be more stressed and serious when it comes to trading.
Some people may feel like trading’s the relaxation facet, and honestly, that’s okay too!
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AmoreJaz
Legendary
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December 16, 2023, 09:38:45 PM Last edit: December 16, 2023, 09:50:30 PM by AmoreJaz |
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I will not argue and I agree that gambling is more relaxing and entertaining if the comparison is with trading. Who likes to look at those red and green candles, they aren't entertaining. What's entertaining is to watch your favorite horse, player, team, hold or kick that ball with our favorite sports. The visual is way better and no matter what is the outcome of our bets, it doesn't matter a lot right? And that's because we're avid fans of these sports.
We don't have a grudge if we lose because we know that's part of the game and betting. But the value that it gives a bettor to each of us is different and have a significant impact. If we're going to look at those times that we're having a bad time, we might just think to watch these sports and place some bets. It's either going to give us some relief as we win or more frustration but let it be whatever happens, we bet and we gamble.
That's the beauty of gambling and it's entirely different from trading. Someone may become instantly rich with their trades but not with betting with placing single bets but the feeling, the emotion and memories that are attached to these bets will be made and will be remembered.
though we have our own take on this matter. but yes, i do agree with the OP that watching that horse race is far more entertaining than staring all those numbers and candlesticks. but maybe, it depends on the person himself. as we have our own preferences on how to entertain ourselves. but i guess, a lot more people will enjoy the horse race because we prefer more on visuals. even if we don't bet on that race, just watching the game itself would make you root for certain horse. however, there are indeed people especially those veteran traders who prefer to look at their screens all day and figuring all those numbers what it can do to their trading moves to earn more profits. maybe, what the OP can do is find someone who is a rock solid trader thru and thru, and interview him and get insights. in that way, we will know his take on this matter. is he enjoying what he's doing or will he also find horse racing a more fun to watch?
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BitcoinPanther
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December 16, 2023, 09:48:44 PM |
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So prove me wrong (if you think I am), what am I missing?
I won't prove you wrong but in fact support your stance that gambling is both more relaxing and entertaining than trading. Even with bots trading is a boring activities since all we have to deal with trading is the charts, price movement and researches of the fundamentals. It is a tiring activity unlike gambling where we can just put our bet and watch how our session unfolds. Gambling is also labeled as entertainment that is why it is way more relaxing and entertaining than trading.
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Weawant
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December 16, 2023, 09:58:45 PM |
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I wouldn't disagree any less with you because the basic and primary aim of gambling is basically for entertainment so we should be expecting any less from it except for people who has probably turned it into a profession and a means off making money which in some cases isn't proper enough because it's more of probability.
Trading is something that requires skills and much of dedication, disciplin and consistency because it's a professional thing, some persons literally learned it as a profession in which they engage in to make money and see it as a job so it can not be seen as entertainment because it's serious business where big institutions even some government organizations do get engaged in trading so I see no room for entertainment in such a serious business which in some cases has a determining effect on certain economy at some levels but gambling none of these is involved it's basically entertainment.
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Z390
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December 17, 2023, 09:31:52 AM |
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There is nothing to prove wrong here OP, you are indeed correct, gambling has that entertainment part than trading, I am a lazy gambler and that's why I don't do poker and any games that have to do with stress, I like slots because it is easy to play, the danger in gambling is using too much amount of money, this will surely subtract the fun and entertainment from your experience and its likely you that you will lose.
Trading is a no skills no gain haven, at this point you will lose money because of the lack of knowledge, but you don't need that in gambling, just relax and have some fun, go home with zero balance and comeback another day, with few dollars you are good, unlike trading, the stress that daily traders go through is so much that I don't want to be one, this is why sometime I prefer to do copy trading on bybit or Bitget.
I know that trading is less risky if you are very good at it, I also know that the chances of making money from trading is higher and better than gambling, but there is no space for any entertainment at all, you are look the chart very closes and keep monitoring the price action, in slots I just click on rollers again and again.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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piebeyb
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December 17, 2023, 09:46:38 AM |
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Trading is something that requires skills and much of dedication, disciplin and consistency because it's a professional thing, some persons literally learned it as a profession in which they engage in to make money and see it as a job so it can not be seen as entertainment because it's serious business where big institutions even some government organizations do get engaged in trading so I see no room for entertainment in such a serious business which in some cases has a determining effect on certain economy at some levels but gambling none of these is involved it's basically entertainment.
If you want to trade, of course you are not allowed to have fun because trading is not entertainment like gambling, therefore, before trading, at least understand about crypto trading, at least do a lot of research before trading, invest, buy and sell certain cryptocurrencies, it is quite difficult to trade without knowledge, one mistake can lose. money and ran out because of buying the wrong tokens or coins on a scam project. This is different from playing gambling which is provided specifically for fun because it is entertainment for anyone who wants to play it. The point is, don't ever take gambling seriously because basically gambling is not a place to make money consistently except for trading and even then you need to understand the science properly otherwise you will nil, it's true that gambling is more relaxing but in my opinion there's no difference between the two.
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Trade on the go. Anywhere, anytime.
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Marvelman
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December 17, 2023, 10:23:58 AM |
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I think gambling's way more fun than trading. When you gamble, you can just relax and be entertained without worrying too much. But trading requires research and discipline - not as fun. Before you start trading crypto or buying and selling coins, you really should understand what you're doing and study the market so you don't lose money. Gamblings more of a recreational thing where you're fine with taking risks and losing a bit. Trading seems too serious in comparison
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Assface16678
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December 17, 2023, 10:58:05 AM |
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LE as I am reading the replies Maybe thrilling was more appropriate than entertaining so feel free to use that! As it seems I'm the only one betting on horse racing around here we need a bit of intro for this So, two races out of 4 done by 12:18 GMT time and both horses I was backing, favorites, Hunters Yarn and Kourosh dropped their jockeys at the last hurdle, the first did it while being in the lead by 10 lengths, the second when battling for the first place, lost a bit on them and probably more to come as I'm 1 out of 5 bets right now but I didn't feel any remorse or regret or anything like this, moreover I feel really good because I saw some really entertaining races with a change in the last moment. On the other hand, whenever I trade even if it's just small, really small positions and I lose a few $ I feel bad, I always tell to myself why I even bother to do it. So hear me out: With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time! With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened. Three is little that can influence a sport event outside of what you know, with coins it just takes a stupid hack or some gov going bananas on crypto out of nowhere while you sleep and you have your house full of trading alarms like you're in a police raid. TA analysis is just Timeform, there is no difference between them , they show something that happened in the past with a coin and the form of a horse , in both cases you're looking at past performance and trying to figure the outcome. I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So prove me wrong (if you think I am), what am I missing? Gambling is both calming and entertaining. However, we must take our own stand on this issue. Gambling addiction may impact people from all walks of life. Gambling progresses from a harmless diversion to an unhealthy routine with severe consequences. A gambling problem can strain your relationships, hinder your employment, and lead to financial disaster whether you wager on sports, scratch cards, roulette, poker, or slots in a casino, at the track, or online. You might even do things you never thought you'd do, like rack up massive debts or steal money to gamble. Trading, on the other hand, necessitates competence and is defined as the voluntary exchange of products or services between economic players. Because interactions are voluntary, commerce is often thought to benefit both sides.Financial market trading is engaging, interesting, and absorbing. However, just like with traditional casino gambling, you might become addicted. Trading addiction, like any serious addiction, may be costly both socially and economically. To summarize, while both gambling and trading can be enjoyable, if you cannot control yourself, it can result in both extreme and significant damage.
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stadus
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December 17, 2023, 11:38:04 AM |
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I think gambling's way more fun than trading. When you gamble, you can just relax and be entertained without worrying too much. But trading requires research and discipline - not as fun. Before you start trading crypto or buying and selling coins, you really should understand what you're doing and study the market so you don't lose money. Gamblings more of a recreational thing where you're fine with taking risks and losing a bit. Trading seems too serious in comparison
In trading you will have to study, so it's quite boring as you'll feel the school scenario. Unlike with gambling, just learn the game and you are good to go. Most of us doesn't make research, we just gamble relying on luck, that's why it's more suitable for us when we are looking for entertainment. Although at some point it could also be stressful, especially if we are losing big money, or we loss control, but with trading, you'll feel the stress and pressure on a daily basis if you do day trading.
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junder
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December 17, 2023, 12:28:06 PM |
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I think gambling's way more fun than trading. When you gamble, you can just relax and be entertained without worrying too much. But trading requires research and discipline - not as fun. Before you start trading crypto or buying and selling coins, you really should understand what you're doing and study the market so you don't lose money. Gamblings more of a recreational thing where you're fine with taking risks and losing a bit. Trading seems too serious in comparison
that's right, gambling is indeed a means of paid entertainment where there are benefits if you are lucky and luck is the determinant of winning or losing, but many of the dominant gamblers they get defeated. why is that because gambling has a random system where victory and defeat cannot be predicted correctly, and in my opinion there is no pattern or trick to get a win in gambling but luck will determine everything. gambling can be done by everyone because there is gambling that does not require having skills, where everyone can play it while having money But unlike trading, trading itself is not for fun like gambling, there are many things that must be understood to be able to benefit. also not everyone can do it, even if they have enough money but if they do not have a good understanding of gambling then there will be no profit to be gained. learning about trading needs to be mastered to do trading, because after all, people who trade are certainly people who want big profits, but this is not as easy as turning the palm of the hand, many things must be understood and must be faced, of course there are risks in itself. but the similarity between gambling and trading is that it has a profitable side, and both involve money.
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stompix (OP)
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December 17, 2023, 01:23:14 PM |
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I believe that you are having luck in horse racing now because you probably like and know this sport well, ~
So you're telling me I'm making money from gambling because I know what I'm doing opposite to trading where you need....knowledge to make money? See the contradiction here? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) In my opinion there is no worse than degenerates gamblers than traders who truly believe all it take is data, they are nothing other than lottery numbers analyst who think they see patterns everywhere, they deem a form of a horse as something lucky while at the same time they thing the price on the 10 and 20 of the month clearly indicates the way to Laputa ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I've not yet seen a trader, a TA, a graph anything that would have predicted oil going to -30 a barrel!!!! Why? Because past data can't predict future if something close to the future has not yet been lived at least once in the past! With crypto, the bias is even worse, everyone says you can make money out of trading, no way, for real? Trading an assets that has made 4000% in ten years is profitable? Who would have thought so! It was the same before 1929, everyone was making money, their knowledge was newspaper and radio shows and still even housewife were making tons , then reality hit, just how the bear market hit bitcoin and made thousands lose money after money after money! Again, there is no difference between me saying that this hors ewill win since he is a course and distance winner in a higher grade than his adversaries and a trader saying that after 10 days from now on the price will go up 5% because the same happened 3 days ago! Gambling progresses from a harmless diversion to an unhealthy routine with severe consequences. A gambling problem can strain your relationships, hinder your employment, and lead to financial disaster
https://www.businessinsider.com/most-suicidal-occupations-2011-10#5-finance-workers-are-151-times-more-likely-to-commit-suicide-155) Finance workers are 1.51 times more likely to commit suicide https://www.newsncr.com/national/in-the-year-2020-more-traders-committed-suicide-than-farmers-ncrb-figures-are-telling-the-truth/In the year 2020, more traders committed suicide than farmersSo, what's the difference?
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slapper
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December 17, 2023, 01:31:17 PM |
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Horse racing is fascinating because we're watching real athletes and their unpredictable actions. Watching your horse, like Hunters Yarn or Kourosh, defy or collapse to odds in real time is thrilling. You felt good despite the losses, showing the enticing nature this sport is. The spectacle and unpredictability get our adrenaline pounding, right?
Indeed, trading, especially in the volatile crypto market, is different. It's about close examination, alertness, and tension, not just numbers. You're right about constant monitoring and what-ifs after profits. But, ave you thought about binary options? Choose a position, select criteria, then wait for a specified outcome time, like betting. It reduces trading to a simple yes/no question, which is a lot like betting on horses. And yes, futures trading or anything with leverage can be fucking stressful
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m2017
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December 17, 2023, 01:40:11 PM |
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TA analysis is just Timeform, there is no difference between them , they show something that happened in the past with a coin and the form of a horse , in both cases you're looking at past performance and trying to figure the outcome.
If you want to say that TA doesn't affect the future (future results) in any way, then you are damn right. Any trader's or horse racing forecast based on this is no better than fortune telling predictions based on coffee grounds. I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If you don't find the numbers on the screen more interesting than betting on horse races, then don't trade. What is the problem. So prove me wrong (if you think I am), what am I missing?
Do what you enjoy most. Everyone chooses the type of activity that they like (or can afford) most. There's nothing to prove here.
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Fiatless
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December 17, 2023, 01:51:53 PM |
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You need to do a lot of work as trader in terms of market analysis than you would do when it comes to gambling before taking your decisions, however both involves calculation but you do more in trading. No doubt gambling is more entertaining and a bit relaxed than trading because it already designed in such a way that it will be entertaining and fun but trading can be fun too when you understand the market and you are scooping some profits out of the market.
Trading is a serious business and it is not designed to entertain people. If you go to the conventional stock exchange buildings you will see people wearing suits and ties and looking attentively at graphs and charts. There is nothing funny about trading. But sports or other casino games are usually designed not just for gambling but it entertain the players. Gambling could be serious business to some people but if you want to enjoy the gambling atmosphere visit a physical sports bet shop when they are playing live games. You will see someone who has just lost a bet still smiling and chatting with fellow gamblers. Another reason why trading doesn't bring fun is because traders usually invest huge amounts in trading. So a loss is usually more painful than losing small funds that are used for gambling. Gamblers don't stake more money than traders because they are aware that we should bet what we can afford to lose. But traders see trading as a professional, so they can put in huge funds.
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Crypt0Gore
Sr. Member
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PredX - AI-Powered Prediction Market
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December 17, 2023, 01:53:14 PM |
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Gambling has it all, fun, entertainment and stress free, but thats if you go with the safest gambling strategy, and this is using a very small money on the games, you can't enjoy a football match if you risk too much money on it, you will have your mind in panic mood until the game is over, its not worth it.
Gambling is a matter of choice, do you want to have some great time or you want to make money? Choose your destiny, but I can promise you can if money making is your sole purpose of gambling you will likely lose a lot of money, enjoy your time in gambling, risk what you can afford to lose and enjoy your time.
Those who have great times gambling are those who don't care about how much they want to make from gambling, they lower their risks and have great time doing it, whatever happens doesn't matter, having a great time is the best.
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DabsPoorVersion
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December 17, 2023, 02:08:32 PM |
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There's no doubt gambling is more entertaining. However, gambling is considered to be more risky than trading. Gambling was created as a way to provide entertainment for people who are looking for some enjoyment or an activity to relax. That's why a lot of people prefer to spend more time in gambling than trading. Trading can be more fun especially when you understand the market by knowing how to do Technical Analysis, and also if you are making profits out of your trading. Aside from that, in trading you should be serious in everything, in return, if you win, the happiness of predicting the market right is really fun.
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samcrypto
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Vave.com - Crypto Casino
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December 17, 2023, 02:39:55 PM |
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There's no doubt gambling is more entertaining. However, gambling is considered to be more risky than trading. Gambling was created as a way to provide entertainment for people who are looking for some enjoyment or an activity to relax. That's why a lot of people prefer to spend more time in gambling than trading. Trading can be more fun especially when you understand the market by knowing how to do Technical Analysis, and also if you are making profits out of your trading. Aside from that, in trading you should be serious in everything, in return, if you win, the happiness of predicting the market right is really fun.
We're talking here about the emotion though, so let's set aside the risk since we all know that gambling are more risky. If you want to have fun and enjoy your self-time then gambling can be a good source of that but of course, you can still have different emotion especially when you lose your money not unless you are ready for that. I enjoy placing bet on my favorite sports and betting makes the game more exciting and challenging at the same time.
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