Trading has become too much akin to gambling. Let's embrace it

[Dr.Bitcoin_Strange]

Would you gamble on casino games that are based around the real fluctuations of BTC's price?

Yes I will gamble on it but I will be extremely conscious and principled with my wagering and that's because I know that if casinos introduces such game, they will program it in such a way that they will have more leverage of winning compare to the player. Like the saying, casinos never lose.
 
For me, it is 100% possible that I can go into trading with $1k every day and if am not greedy, I  am certain to make 5% every day but in  gambling, I am not certain of winning every day. So, I see a big gap between trading and gambling. If you are a skilled trader, 5% profit (ROI) is 99% guarantee every day but most people lose money in trading because they are handling it like gambling and because they are greedy to accept 30% profit below.

[Jaycoinz]

Trading is only said to be gambling for some people who are classified not for everyone who is a trader so that in the end the scope must be differentiated in this case because seeing from the conditions and some things that happen we must be aware that in the end trading is said to be gambling for those who claim to be traders but only rely on the instincts they have and the belief that the coin will go up but do not know when exactly the most important thing is that they believe without thinking about technical or other analysis in looking at candel charts for example.

Things like this are certainly not everyone can be said to be the same because there are some moments where a lot of professional traders always do it according to their analysis and expertise not just based on instinct alone so even though in some cases sometimes there will be a lot of people who agree to say trading is like gambling but there must be a classification regarding this matter.

There's a big distinction between trading the financial market and gambling because in trading the risk can be properly managed compared to gambling but people now take certain risks in trading that can also be regarded as gambling. When you trade against the trend in the financial market that's obviously gambling, going in opposite direction of the market is a huge risk and it's not really a responsible risk to take. But when people say that they are the same I always disagree. When it comes to crypto and forex it's a school of continuous learning, the more you learn the more skillful you become, I can't say the same for gambling.

[CryptoHeadlineNews]

Would you gamble on casino games that are based around the real fluctuations of BTC's price?

Do you mean just like Rollbit Solana casino future? Whereby gamblers are given the privilege to predict the up and down price movement of Bitcoin or other cryptocurrencies?.  Because if that's what you meant, then I must say that would have been the best kind of games for crypto traders, of which with a good knowledge of the market chart and price movement, you should be able to leverage on a reasonable amount of profit, unlike the usual casino games, whose outcome are always a product of random algorithms. And as such, I highly recommend anybody who wishes to give the gambling future game a try to visit Rollbit Solana casino. This casino is top notch.

[Perfectbaby]

...Would you gamble on casino games that are based around the real fluctuations of BTC's price?

Such bets on cryptocurrency are not something new, as Polymarket already offers something similar - https://polymarket.com/markets/crypto. And judging by the activity, cryptocurrency betting is popular among site visitors.

Wanted to actually mentioned this site that they offers such prediction before I have to scroll down a bit to see you had already mentioned it. Yes, this polymarket offer variety range of things including the just concluded US election predictions, it was majorly carried out through this market and this cause so much concerned to some elites who are concerned about the funding of US presidential election.

[swogerino]

It is much more difficult trading nowadays as trading it is run by much bigger "corporations and interests" compared to gambling, in here, in trading banks are involved heavily for the foreign exchange thing which is the thing most player do trade on, despite many people playing commodities, even there big exchanges like Dow Jones and others can manipulate things the way they like as they have such power, in gambling, specifically in sport betting I would say that it is much easier to have a win without such powers being an obstacle to your way. So I consider trading much more dangerous for real compared to gambling because higher powers totally have control on trading more than the powers who have somewhat control in gambling, just my opinion on the matter and it won't change on this, I know for real trading have made much more victims than gambling, even more so called "higher education people, or higher jobs performers".

[Blowon]

It looks very similar because the risks involved are quite large. In my opinion, future trading is the same as gambling. Sometimes prices are manipulated, but there is still a difference between gambling and trading.

[Odusko]

Would you gamble on casino games that are based around the real fluctuations of BTC's price?

If one is to gamble on this notion and believing that the casino will be just in their activities, they’ll rather go and have the knowledge of pure trading. Knowing when and how the price of bitcoin will go up or down is already a plus for them when gambling with such games. It may be easier for people that are already into trading to win big when they play games like this in casinos. This should maybe not called gambling anymore but trading. This option will be much enhanced by casinos because of how big they can win from it. Many gamblers won’t mind to have knowledge of trading and since it’s just two options to chose from, they’ll rather want to keep trying until they get it right instead of seeking the actual knowledge of trading to help them predict well.

[Wiwo]

Would you gamble on casino games that are based around the real fluctuations of BTC's price?

Definitely some people will prefer to gamble on the price fluctuations of bitcoin price. I have also seen it on two other gambling site before.

But as for me, I will prefer no to do that. I will prefer to go for perpetual future trading which is what that I prefer and not actually gambling like the binary-option-like ones like betting on fluctuations of bitcoin price

Binary can be akined to gambling but not future or spot trading because future and spot requires alot of technical analysis and if you have the skills to properly analyze the market, for sure you will be on a steady profits regardless of what the amount of time you have to wait for that profits to be accumulated, unlike gambling that is based pourly on luck, and chances, although as a newbie trader the loses in trading can be the same with gambling since you may become emotionally imbalance to close your position when in loses, this mostly happens to newbies who lack stable emotions.

[rachael9385]

Would you gamble on casino games that are based around the real fluctuations of BTC's price?

Yes I will.
Actually this is the first time to hear about this kind of game, it's like a predictions game were you get to predict the actual price of Bitcoin.
However, I have seen it on an exchange before but I am surprised to see it in a casino. Although it's a good approach because traders can also bet on the game through price predictions.

Here is the exchange that allows their users to predict Bitcoin prediction for free. To me it's like a raffle, and you only need to predict the exact price of Bitcoin and wait for a minute and some second.

And as such, I highly recommend anybody who wishes to give the gambling future game a try to visit Rollbit Solana casino. This casino is top notch.

Absolutely.
The Rollbit Solana casino is one of the trusted and user friendly casinos, it games are easy to play. I also recommend new gamblers to try the ROLLBIT Solana Casino.

[len01]

Yes of course, I also sometimes use the casino and bet on that type of game to try my luck when the international break takes place.
Actually it is very interesting when we can combine analysis and instinct to use 500x++ leverage to get short-term profits or usually use a scalping strategy.
Maybe this is too risky because we don't know what will happen but in my opinion the future is an alternative way to get quick profits compared to having to bet on lottery or other games that cannot be used using analysis.
At Rollbit one of the casinos I often visit to play this trading.

[Julien_Olynpic]

Each type of gambling has its fans. We are all very different and our interests are also different. I remember the boom of binary options on bitcoin and it is quite strange that this boom ended. Binary options were the first real attempt to combine trading and gambling. You know, this is a clear trend of recent years. The gaming industry cannot ignore the fact that trading is becoming very popular among the general population and apparently the popularity of trading is starting to exceed the popularity of casino games and sports betting. However, personally I do not understand why we cannot combine these several interesting activities. I assume that in the near future there will be more synthetic products based on trading and gambling.

[Hirose UK]

For me, it is 100% possible that I can go into trading with $1k every day and if am not greedy, I  am certain to make 5% every day but in  gambling, I am not certain of winning every day. So, I see a big gap between trading and gambling. If you are a skilled trader, 5% profit (ROI) is 99% guarantee every day but most people lose money in trading because they are handling it like gambling and because they are greedy to accept 30% profit below.

I agree with you, even though we choose casino game that is based on the actual BTC price fluctuation, it will still have very high risk of losing because what we do is bet and in our own trading we can minimize losses but in gambling we can never do it more securely.
Actually, the attitude of each individual will also be able to provide certain influence on the success or failure that occurs, but basically when see it can provide rewards that look much bigger and faster, it makes conditions like this what often makes most people complacent.

[Oluwa-btc]

Anyway, I think more casinos should follow the path of what Rollbit has been doing with its virtual futures and offer gambling services based on the BTC price.
Would you gamble on casino games that are based around the real fluctuations of BTC's price?

Trading and gambling are quite two different things and I don't think there's need to embrace it together,Yes we know the volatility of the crypto markets but then we should bear in mind the amount of risk it brings while in collaboration with gambling and gambling on casino games that are offering real fluctuations of BTC price is a no for me cause you'll still have high chances of loosing.

[EarnOnVictor]

-snip-
Anyway, I think more casinos should follow the path of what Rollbit has been doing with its virtual futures and offer gambling services based on the BTC price. There could be several advantages. No KYC, no regulatory restrictions as imposed on traditional markers, unlimited leverage... You name it.

I like your idea but Rollbit is not a good example of this. I didn't waste much when I was studying their crypto gambling before I avoided it. It's just like any other difficulty in casino games, it's never fair, so I wonder why you advocate the casino without considering this. If at all we will have a crypto-inclined casino, let it be like the Binary option style you mentioned, anything aside from that is another means for the house to gain undue advantage. What gain is that for the gambler (crypto or not)?

Would you gamble on casino games that are based around the real fluctuations of BTC's price?

I will gladly do it provided it is fair.

[Accardo]

Wanted to actually mentioned this site that they offers such prediction before I have to scroll down a bit to see you had already mentioned it. Yes, this polymarket offer variety range of things including the just concluded US election predictions, it was majorly carried out through this market and this cause so much concerned to some elites who are concerned about the funding of US presidential election.

Most activities that requires opposition, argument, and uncertainty, invites "gambling" to give players more reason for standing on their motion. No doubts gambling is closer to trading, and the crypto casino also want more of traders to participate in gaming.

By foiling out features that' are seen in exchanges and adding it to the casino. Though it's highly volatile to bet on the price of Bitcoin, people would want to try, due to its kind of funds or wins close to the profit in trading.

[Wexnident]

~

Depends? Personally if I'd ever bet on a game based on the market, I'd just go to the market. I'd rather gamble with something simple and, well, enjoyable for me. Gambling relating to the market isn't really that enjoyable lol. Doesn't really matter that my goal is to enjoy, just seeing anything related to market prices would just flip my switch and start on that heavy mindset that I'm actually trading and not having fun. I'd be pretty happy if casinos just stick with what they have ngl.

[Jody.Drummer]

Trading is only said to be gambling for some people who are classified not for everyone who is a trader so that in the end the scope must be differentiated in this case because seeing from the conditions and some things that happen we must be aware that in the end trading is said to be gambling for those who claim to be traders but only rely on the instincts they have and the belief that the coin will go up but do not know when exactly the most important thing is that they believe without thinking about technical or other analysis in looking at candel charts for example.

Things like this are certainly not everyone can be said to be the same because there are some moments where a lot of professional traders always do it according to their analysis and expertise not just based on instinct alone so even though in some cases sometimes there will be a lot of people who agree to say trading is like gambling but there must be a classification regarding this matter.

There's a big distinction between trading the financial market and gambling because in trading the risk can be properly managed compared to gambling but people now take certain risks in trading that can also be regarded as gambling. When you trade against the trend in the financial market that's obviously gambling, going in opposite direction of the market is a huge risk and it's not really a responsible risk to take. But when people say that they are the same I always disagree. When it comes to crypto and forex it's a school of continuous learning, the more you learn the more skillful you become, I can't say the same for gambling.

There is a clear similarity between these two things, namely money which is the main thing, and with profit and loss which are two things that definitely happen but maybe loss is more common. Many people who gamble wrongly are those who take greater risks in gambling in the hope of easy profit, but instead of wanting to get easy profit, it actually makes them in a sad state.
For the risk, I think it is the same, but with trading itself, isn't the risk minimized by us who have good knowledge and good control, also with gambling if we have control then maybe there will be no big risk that will happen, the same as there will be no big loss that occurs, it's just that gambling does not require knowledge to do it.

[vs2014]

Don't know if your answer is? Then you must be gambling. But if you have the answers to these questions, then assume you're not gambling. Because you are not blind. Now you think, which one you are. While taking an entry in any currency pair, a trader carefully scrutinizes the current position, previous position of that currency pair and then accepts the entry. This scrutiny is called trading analysis in trade parlance. On the other hand, if you start trading without knowing anything, then you are turning trading into gambling. Because gambling does not require any experience or knowledge.

[Smartprofit]

Yes, gambling based on the change in the price of Bitcoin or other cryptocurrencies would interest me.

Another thing is that, for example, the famous English economist and investor Andrey Movchan believes that the actions of manipulators are visible on the charts of all cryptocurrencies. I don’t know if this is true. It is quite possible that the owners of various Bitcoin ETF spot funds are in collusion with each other and can influence the price of the first cryptocurrency. It is impossible to completely exclude such a possibility.

I don’t know whether the owners of ETF funds in this case will want to earn “pocket money” by playing in an online casino, but they will have a potential opportunity. And I would not want to play in an online casino, competing with the owner of insider information. This is an absolutely hopeless undertaking...

Nevertheless, I like the very idea of ​​such gambling!

[Dr.Bitcoin_Strange]

For me, it is 100% possible that I can go into trading with $1k every day and if am not greedy, I  am certain to make 5% every day but in  gambling, I am not certain of winning every day. So, I see a big gap between trading and gambling. If you are a skilled trader, 5% profit (ROI) is 99% guarantee every day but most people lose money in trading because they are handling it like gambling and because they are greedy to accept 30% profit below.

I agree with you, even though we choose casino game that is based on the actual BTC price fluctuation, it will still have very high risk of losing because what we do is bet and in our own trading we can minimize losses but in gambling we can never do it more securely.
Actually, the attitude of each individual will also be able to provide certain influence on the success or failure that occurs, but basically when see it can provide rewards that look much bigger and faster, it makes conditions like this what often makes most people complacent.

Yea, in trading at least you can apply the feature of Stop Lose and Take profit, while you can not do same I'm gambling. So, even if prediction of Bitcoin price is initiated in the casino, the casino will still have upper hands in the rules that can make player win or lose.