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Author Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading!  (Read 726 times)
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December 18, 2023, 06:09:26 AM
 #101

I don't know about relaxing but I do agree that gabling is more entertaining than trading because you don't need to take gambling seriously unlike with trading where you need to put your game face on because you're playing with your money and a slight change is an opportunity for you to earn a profit so you can't afford to be dilly dally. Also, it's really hard to compare these two because gambling and trading is so different from one another and even if they say it's just like gambling, it's still isn't the same to me.

This is what I'm going to say. For me, gambling is more interesting and entertaining than trading but I can't say that this is more relaxing because both of them requires money. I can say that gambling gives us more positive vibes because of their visuals and type of game unlike on trading that focuses in more serious visuals that's why many people says gambling can give them relaxation and entertainment even if both of them requires money that has no guarantee of winning and losses.



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December 18, 2023, 07:15:32 AM
 #102

~

The stress and anxiety that you will feel in either gambling or trading would probably depend on two things. The size of the bet and the length of time the bet hanging in the balance. How long is a basketball game? If you place a $10,000 bet on a basketball game and your team is behind by 20 points, you will definitely NOT be relaxed and entertained. It will be the same feeling if you made a $10,000 trade in a very volatile shitcoin that fell -50% in the same duration of time as a basketball game.

Counter!
When the game is over is over, you lost and you move on, nothing is changing this.
If you get your leverage trade closed because of a 50% dump the pain is not over yet, you might wake up tomorrow and see the coin up by 1000%, which might make you redecorate the walls with your head once more.


That means the stess and anxiety is there as long as the trade or the bet is open. Therefore they're both stressful, and not one of them is more relaxing and entertaining as long as they're both "in action"?

Quote

And no, before you even say it, if we bring just hodl in the discussion that's no longer trading, buying something at 50$ and waiting for years to reach 100$ is long term investing not trading.


HODL Bitcoin, although it could also be sometimes stressful, is definitely less stressful than active shitcoin day-trading and casino gambling. I can sleep knowing that there's always a next cycle.

Quote

----

And a small update on the OP:
Yesterday,  as I said, Hunters Yarn felt at the last hurdle while in the lead, jockey Townend, trainer W P Mullins, owner  Simon Munir & Isaac Souede, favorite at 1/3.

Today...
FUN FUN FUN,  Jockey Townend,  trainer W P Mullins, owner  Simon Munir & Isaac Souede, favorite at 2/5
Anyone can guess what the f***er did at exactly the last hurdle?  Grin Grin Grin Grin


Make a dedicated topic for Horse Racing? Post where to get information, knowledge, and guides for gambling on Horses. Cool

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December 18, 2023, 01:06:11 PM
 #103

It might just be me but perpetual futures are also entertaining.
Relaxing though? Ugh. I think this sounds a bit out of place.
Whatever brings thrill to the player is also causing a bit of stress, therefore inhibiting the exact opposite bodily me mechanisms of getting relaxed. Both gambling and trading will probably have better results if you remain vigilant instead of relaxing.
If someone wants to relax and do something laid back they better just watch a sports match without having bet anything, just for the fun of it.  Cheesy

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December 18, 2023, 02:44:15 PM
 #104

I don't know about relaxing but I do agree that gabling is more entertaining than trading because you don't need to take gambling seriously unlike with trading where you need to put your game face on because you're playing with your money and a slight change is an opportunity for you to earn a profit so you can't afford to be dilly dally. Also, it's really hard to compare these two because gambling and trading is so different from one another and even if they say it's just like gambling, it's still isn't the same to me.

This is what I'm going to say. For me, gambling is more interesting and entertaining than trading but I can't say that this is more relaxing because both of them requires money. I can say that gambling gives us more positive vibes because of their visuals and type of game unlike on trading that focuses in more serious visuals that's why many people says gambling can give them relaxation and entertainment even if both of them requires money that has no guarantee of winning and losses.

Congratulations, you have a mindset and point of view that is directly proportional to what should be done and what is more advisable, the fact is that it is true that gambling should be used as a place of entertainment and if you feel that the activity can really entertain yourself then I think you will remain safe in your involvement in the sense that you will not experience too significant an impact, because after all even if you come with the recommended goal, there is still a risk that cannot be completely avoided. In terms of pressure and level of worry of course gambling and trading are quite equal in that regard, as you said because both of these things involve money and for the issue of percentage loss maybe I would say that gambling is more likely to allow you to lose a lot of money, because there is nothing that can be learned just to minimize the risk management that exists in trading with some experience.

On the other hand maybe I would say that gambling will really give you an entertaining positive impact if you come and engage with the right approach, because of course whether it's in trading or gambling all of that I think depends on the approach of each individual in terms of whether or not they will be able to benefit from both activities, for those who always overdo it and come without planning I think there will be absolutely no positive benefits that they will feel but a lot of pressure.

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December 18, 2023, 05:55:49 PM
 #105

For me it is thrilling and entertaining it was never been relaxing since it makes me excited.
There are times that it would relieve my stress, or would make me feel better.
Gambling was a form of entertainment for me, it is like online games but more thrilling and excitement due to money being involve.



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December 18, 2023, 06:04:53 PM
 #106

I can agree with you on the entertaining part but I'm not sure about the relaxing part.  Grin  It is more entertaining than trading because it is really so much fun to watch the game you bet on later. You are excitedly waiting for seeing whether your bet will win or not. Your bet doubles the excitement in the meantime which means it isn't very relaxing for me.  Grin

Because if your bet is still active in the final minutes of a game you get more worried and uncomfortable. It becomes extra exciting to follow those minutes before full time.

But nothing is more relaxing than getting a last minute goal for your bet to win in those minutes on one hand.  Cheesy  So there is actually some relaxing part in it also, yeah.

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December 18, 2023, 06:16:29 PM
 #107

We absolutely agree with you!We think that gambling has many advantages over trading are: fun, pretty predictable, and strong community.
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December 18, 2023, 06:16:36 PM
 #108

yes it is clear that for entertainment , gambling is better than trading. but what is the main purpose of trading just for entertainment is of course not because the main purpose of trading is investment to increase income for this one thing, of course trading is better. although basically the same high risk.

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December 18, 2023, 06:18:47 PM
Merited by SmartGold01 (2)
 #109

While both trading and gambling involves money and some levels of prediction, trading cannot be said to be a fun activity, in fact trading is business and the traders involved must be careful so as not to lose money. Gambling for some people can be a big deal, a business. Just like in trading,  gamblers who gamble for the money are willing to risk huge amount of money so as to have higher chances of getting huge winnings. To many others,  it is merely for fun and nothing else.  A person can decide to use his spare time to gamble and with amounts he can afford to lose. Or he goes out with friends to Casinos or they use online gambling sites to gamble and have fun and on strict budgets (amounts they can afford to risk). Gambling can be both entertaining and business depending on the Gambler involved.  Both gambling and trading involves some levels of suspense, this particular aspect does not make them relaxing.

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December 18, 2023, 06:59:16 PM
Last edit: December 18, 2023, 07:12:43 PM by Fatunad
 #110

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

So prove me wrong (if you think I am), what am I missing?

Trading is never been relaxing on which you would really be needing to be dead serious if you do want to succeed into this industry. We do know that when it comes to leisure time then nothing beats out gambling
but of course when we do speak about gambling and trading then we would really be able to differentiate in between the risks involved and you could be able to determine on which thing is really just that for fun
comparing into those who are really that doing some serious business.  Grin

When it comes to gambling then it would really be giving out that kind of adrenaline rush which is something that wont really be able to give out when you are doing trading.
You would really be definitely be able to gain those thrills and excitements on the time that you would really be dealing up with gambling.
This is why there would really be that significant differences in between things considering that they do have that different purpose in the first place.

R


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December 18, 2023, 07:06:08 PM
 #111

If gambling is for fun then trading is not for fun because the trader is looking for money that's why he's trading Bitcoin, I don't really know about  Bitcoin trading but I not little about gambling because we do gamble ines in a while anf i love gambling too. I normally gamble for money and not for fun and I don't put in mind that gambling is for fun not until I find my self here, but for me I gamble for the money and not for the fun so it's cool to gamble and not to trade BTC, however the both of them are rising but trading is more risker than gambling, at least a bet have its time for it to end but trading does not have time to end, it your money can lose just in a seconds and that's why makes it so frustrating.

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December 18, 2023, 09:37:47 PM
 #112

At first trading not something that's need to b fun to do. Trading like a business as much of as just emphasis on where you earn some funds through market fluctuations . While betting on the other hand are not fun all the time sometimes it might be fun at the start but at the end you may end up sad probably if you  didn't win. But trading is something that will take time to master. You easily managed your loss in trading than gambling but both play their own different roles.

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December 19, 2023, 10:47:01 AM
 #113

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.
I believe that gambling can be more entertaining due to the added element of risk. The possibility of winning or losing creates a sense of anticipation and excitement, which is why some people enjoy it. However, it's important to note that the entertainment factor doesn't just come from winning. Rather, it's the thrill of the possibility of doubling one's money with each bet that attracts many gamblers.


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December 19, 2023, 04:11:26 PM
 #114

So prove me wrong (if you think I am), what am I missing?

Bro!!, I have to screen your name 3 times because like do you gamble that much?  Cheesy Alright!

I fail to understand the purpose of this into

So, this day, I have been seeing the trend of X NG anytime they win bets because they appreciate these Punters when the street win bets and I was compelled to follow the crowd. In my first 1 week, nothing was won but I don't feel anything because what I stake in a week sometimes is not up to a dollar if you do the conversion because I wanted to test. After the struggle of having like 35 games, we did win 30 and lose 4-5 but we were about to win one bet of 31 of 30 in one faithful Saturday. It was under 3.5 game selection, this game was almost done in 90 minutes with 3 total, everyone including me has anticipated what to use the money for only for them to add an additional goal at the last minute. I was so mad man, it was not the money I stake that pained me but the unrealized money I was expecting to win.

Moral of this story, trading has a way you can opt out and the use of trailing profit and stop loss can help avoid losses and take profits but in gambling,

Yes you could, but you wanted that big return too much.
The moment your game was already at 3 you could have taken an insurance bet for half of the money by betting against your fist bet.
So if you had a 100 stake in it at 3:1 you stand to win 300, but you could have easily at this point bet 100 on the result not happening.
You either lose the first bet but you win the second one and you're still on zero no win no loss or you win the first one and lose obviously the insurance with the cost being that you don't win 300 but only half of it.

Pretty simple!

Whatever brings thrill to the player is also causing a bit of stress, therefore inhibiting the exact opposite bodily me mechanisms of getting relaxed. Both gambling and trading will probably have better results if you remain vigilant instead of relaxing.

Neah, I'm actually quite relaxed on the outcome of the bet.
I find it indeed thrilling as I watch the race for the race itself but I've stopped being concerned about the actual bet years ago, my horse could have felt 5 hurdles away but if the race is tight to the line between the ones left I'm still on the edge of the sofa grasping the pillow, despite the result not meaning a thing.
For the bet, I stooped caring, looking at my bet account in the last 3 years only 4 months I've ended in red, I know that if I'm keeping my budget tight and I don't make stupid mistakes I'm not going to lose enough to get me anxious.

.
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December 25, 2023, 04:23:40 PM
 #115

While both trading and gambling involves money and some levels of prediction, trading cannot be said to be a fun activity, in fact trading is business and the traders involved must be careful so as not to lose money.
I think trading is more tensed than gambling in gambling all you need to do is to get your games properly predicted to have a winning and to whatever prediction someone that is what they will get as in a return, and again gamblers already had this mindset that it a game of probability or chance based game and they wouldn't go that deep in putting their money to gamble even though there are chronic gambler who don't care about how much they spent in betting a game or multiple matches but we should they can't continually wasting such amount of money just make huge profits and even if they do we can term such people to be gambling addicts.

While in trading we have more pressure if that person is still a newbies trade s/he can easily empty their account at cost of trying to knows there stands maybe to make profit, although emptying account depends on individual they can still managed their funds possible gain little profit at point of that. Trading can be more preferable to to gambling since there are all possible best to still have your funds left with you compared to gambling were you place a bet and if the bet goes against you then the staked amount is gone.

.
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December 25, 2023, 04:40:38 PM
 #116


I think trading is more tensed than gambling in gambling all you need to do is to get your games properly predicted to have a winning and to whatever prediction someone that is what they will get as in a return, and again gamblers already had this mindset that it a game of probability or chance based game and they wouldn't go that deep in putting their money to gamble even though there are chronic gambler who don't care about how much they spent in betting a game or multiple matches but we should they can't continually wasting such amount of money just make huge profits and even if they do we can term such people to be gambling addicts.

While in trading we have more pressure if that person is still a newbies trade s/he can easily empty their account at cost of trying to knows there stands maybe to make profit, although emptying account depends on individual they can still managed their funds possible gain little profit at point of that. Trading can be more preferable to to gambling since there are all possible best to still have your funds left with you compared to gambling were you place a bet and if the bet goes against you then the staked amount is gone.

Basically, trading is based on the desire to earn money, and gambling is based on the opportunity to earn money and get unforgettable emotions. Both there and there you can both achieve great success and lose all your money by getting into credits. Trading in this case is quite a lot of work
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December 25, 2023, 04:51:51 PM
 #117

Snip
Basically, trading is based on the desire to earn money, and gambling is based on the opportunity to earn money and get unforgettable emotions. Both there and there you can both achieve great success and lose all your money by getting into credits. Trading in this case is quite a lot of work
You are correct mate..
The stress in trading is what can't be achieved in any time soon and it requires lot of technicalities and more studying to be able to carry out effective trading even as that there is no assurance or guaranteed that once someone finished studying he would start earning from trading especially when started with Demo account before a trader could get used to real account he would have lost severally because of the trading fever that comes whenever someone goes live. Unlike gambling but at the time when all games goes life bettor finds it very difficult because at that moment if they stake with higher amount you would see that their countenance changes I think few days ago I experienced it as well.

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December 25, 2023, 05:15:44 PM
 #118


I think trading is more tensed than gambling in gambling all you need to do is to get your games properly predicted to have a winning and to whatever prediction someone that is what they will get as in a return, and again gamblers already had this mindset that it a game of probability or chance based game and they wouldn't go that deep in putting their money to gamble even though there are chronic gambler who don't care about how much they spent in betting a game or multiple matches but we should they can't continually wasting such amount of money just make huge profits and even if they do we can term such people to be gambling addicts.

While in trading we have more pressure if that person is still a newbies trade s/he can easily empty their account at cost of trying to knows there stands maybe to make profit, although emptying account depends on individual they can still managed their funds possible gain little profit at point of that. Trading can be more preferable to to gambling since there are all possible best to still have your funds left with you compared to gambling were you place a bet and if the bet goes against you then the staked amount is gone.

Basically, trading is based on the desire to earn money, and gambling is based on the opportunity to earn money and get unforgettable emotions. Both there and there you can both achieve great success and lose all your money by getting into credits. Trading in this case is quite a lot of work
They both want to achieve the same thing and they are not different from each other. Their role as an instrument to provide you with profit, excitement, and problems alike is the same as yours as the investor or bettor. The issue comes from the fact that once you commit your time to this type of money-profit activity, you feel compelled to complete the task at the moment.

If you trade, you must control your decision-making and set a budget for your investment. While some people enjoy trading because it will challenge them and has more potential for financial gain, others prefer gambling because it offers the excitement of chances and the possibility of big rewards.  Because of this, it all depends on the individual's preferences and expertise in this field. If you partake in any of these activities, you should trade and gamble responsibly. Rather than acting in a compulsive manner, try to comprehend and analyze the circumstances.

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December 25, 2023, 05:22:20 PM
 #119

It might just be me but perpetual futures are also entertaining.
It is stressful for me to watch the market especially when you can see that all the hours you have spent on analyzing the market seemed to be wrong. It is not entertaining for, also even if I get my position correct and turns out to be a nice position tho.

Relaxing though? Ugh. I think this sounds a bit out of place.
Hmm, I think we can say that gambling is entertaining simply because it is made for entertainment haha. "Out of place" is quite harsh to describe it, I can see that it is your personal preference thus trading is more entertaining for you.

If someone wants to relax and do something laid back they better just watch a sports match without having bet anything, just for the fun of it.  Cheesy
Wouldn't be much relaxing if to sleep? nah just kidding. Watching sports is relaxing, thrilling if you put some bet on it. I cannot watch sports without bet man, I mean I want to feel something while watching gives me more attention to the play/fight with a bet.
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December 25, 2023, 05:30:19 PM
 #120

Relaxing can only possibly apply if you stay within your limits.   IF you bet the house then how can it be relaxing, as a game designed to be a leisure past time then yes gambling is the easier path then trading otherwise i don't especially agree.   Reason why OP might be more wrong then right is too many people walk into a bad situation lackadaisically, do the simple thing and have a set limited budget every day then mistakes are purely just for that day its all fun and games then.

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