Why gamble when you can trade oil & gas?

[sompitonov]

It's important to differentiate between the fact that gambling is based on absolute randomness, which no one can predict, even insiders, because there are no insider tips on gambling. After all, everything is based on a random number generator. However, in gasoline and oil and gas trading, there can always be some insider tips. After all, news depends on people and their decisions, and we've seen on the Polymarket more than once how people interested in making money through insider trading have abused their authority, and many of these manipulations remain unsolved. Therefore, I believe that casinos, in this regard, are a more honest form of randomness for absolutely everyone.

I also thought that there's nothing easy about trading because all the traders are in the same boat, and if someone trades better than us, we'll likely just lose money. And there are quite a few professionals out there, especially considering some have been trading for over 10-15 years. Besides, I'm sure there are insiders who will always be ahead of us and the traders, and on top of that, they'll skim our commissions. Generally speaking, I'd think twice about anything better; in gambling, for example, you can at least have some fun, for a small amount, in my opinion.

[YellowSwap]

OP, why trade oil and gas when you can trade precious metal? As you can see the options are unlimited, everyone have their own specific field for making money, they don't have to do the same thing that you are doing.

It will be a lie if I accept that trading is completely different from gambling, because they are all similar in risk to reward ratio, they are all birds of the same feather.

Care needs to be applied before going into any, you must believe more in your own source of making money than trying to use luck to make money, this is sadly what you get in gambling and trading, you can't say this is how it will turn out.

[impulse709]

Hey bitcointalk fam,
Have you guys tried to flip Oil and Gas lately? Im addicted 
Same adrenaline, insane daily volatility… and if you spend at least 5 minutes per day do check what's going on in the world, you cant get it wrong

Who’s trading it?

I am not doing this, you are probably wondering why someone is gambling instead of trading gas and oil when the prices are increasing a lot. Actually gambling is an addiction and it is a place of entertainment. Every gambler enjoys gambling games a lot and there is a chance to win big jackpots, which is why people are attracted to gambling. Trading is a serious matter of earning money. Again, a lot of analysis is also required here. Making a profit by trading is a difficult matter but gambling is easy, so people use it more because simple things are more felt and liked in human psychology.

The concept that the trading of oil and gas is a more viable alternative to gambling is logical, but it is not that simple. These markets are very volatile and lack of adequate knowledge, discipline and risk management will easily lead to gambling instead of trading. Reading the news for some minutes is not sufficient to assure profit. Gambling on the other hand is mostly founded on entertainment and excitement on which people do earn immense profits at the cost of their lives. It is preferred by many as it is easier and more involved. But as a fact both are dangerous houses, but trading requires an art, and gambling is more a question of luck.

[Betwrong]

OP, why trade oil and gas when you can trade precious metal? As you can see the options are unlimited, everyone have their own specific field for making money, they don't have to do the same thing that you are doing.~

It's very important to always remember that gambling should not be considered as a field for making money. Unless you are a professional poker player who earns thousands in poker tournaments consistently, it's very unwise to think gambling that way. And even pro poker players quit after making millions because they understand it’s still gambling, and thinking you’ll keep being that lucky is a bit stupid.

[Fivestar4everMVP]

OP, why trade oil and gas when you can trade precious metal? As you can see the options are unlimited, everyone have their own specific field for making money, they don't have to do the same thing that you are doing.

It will be a lie if I accept that trading is completely different from gambling, because they are all similar in risk to reward ratio, they are all birds of the same feather.

Care needs to be applied before going into any, you must believe more in your own source of making money than trying to use luck to make money, this is sadly what you get in gambling and trading, you can't say this is how it will turn out.

You are right, op probably failed to understand the fact that making money is a like a destination that has several roads that lead to it, it's like someone visiting a country that has several routes to it, in the end, it doesn't matter by what route a visitor came from, what really matters is that the person is there present.

When it comes to making money, every body has something that works best for them, we all can't all go through the same channel to make money, else that channel will face a very critical overload which may crash the system completely, this is why even today there are several altcoins serving as alternative to bitcoin and even to other altcoins.
Any body can choose to gamble to make money, and others people can choose to trade oil and gas to make money, while we also have those who are trading currenciea to make money, in the end, making money is the most important thing, what you do to make the money isn't that much important so long as its something that is legally right to do.

[Sandra_hakeem]

Hey bitcointalk fam,

Have you guys tried to flip Oil and Gas lately? Im addicted  
Same adrenaline, insane daily volatility… and if you spend at least 5 minutes per day do check what's going on in the world, you cant get it wrong

Who’s trading it?

But this is not gambling, its a trade! What is the fun on that?
Excuse me, but I have not even gotten to use prediction market yet, so trying a bet on gas or oil really is not my concept of a "fun".

Answer me... are you finding this fun because it is actually exciting or just because you are make a goods profit?

He asked "why gamble when you can trade oil & gas". Does this user really understand the difference between these two terms or they just want to own a big spam fest on this board? I mean, this topic doesn't even fit on this board to begin with.

Op prefers to flip oil and gas for several bucks because he's all in for that only. He doesn't understand what you call 'fun' Alegotardo. How much money he makes determines how much fun he has.

Could you have fun with it even if you were losing money?

No, obviously.

[348Judah]

We should not mistake gambling for trading, we can trade an end some income from doing to and also decided to use our profit for gambling, which there is nothing bad in doing such, but when it comes to trading, we should not use the approach of gambling on it because we may end up losing more than we ought to earn from trading when we took extreme risk to trade.

[Crytohillss]

It's important to differentiate between the fact that gambling is based on absolute randomness, which no one can predict, even insiders, because there are no insider tips on gambling. After all, everything is based on a random number generator. However, in gasoline and oil and gas trading, there can always be some insider tips. After all, news depends on people and their decisions, and we've seen on the Polymarket more than once how people interested in making money through insider trading have abused their authority, and many of these manipulations remain unsolved. Therefore, I believe that casinos, in this regard, are a more honest form of randomness for absolutely everyone.

Casino's might go on but they are still design with a built in house edge so it's not exactly honest randomly it's controls randomness that always favour the owner in the long run on the other side while oil and gas trading can definitely be influenced by insider information and manipulation it's not purely unpredictable either since real world factors look simple demand and geopolitical Play a very vital role but those systems have their own kind of lie in different aspects.

[Sammye3]

Trading oil and gas is highly volatile and could wipe out an entire account in minutes, so it's not an investment I would advise anyone to focus on mostly for beginners. You have a special likeness to trading oil and gas maybe, but that does not mean its best compared to gambling generally.

I mean gambling is not an investment but it's not as risky as trading oil and gas, especially when greed is not involved and discipline is not practiced. For experienced traders, trading oil and gas is not entirely bad but one should have the understanding of how the market works and never get too greedy.

[GrafMonteKristo]

Because there are no max wins on oil and gas and no thrill like 10 games parlay. Not to mention getting into 50x top slot bonus on Crazy Time.

[goldkingcoiner]

Hey bitcointalk fam,

Have you guys tried to flip Oil and Gas lately? Im addicted 
Same adrenaline, insane daily volatility… and if you spend at least 5 minutes per day do check what's going on in the world, you cant get it wrong


Who’s trading it?

No, I have no idea what is going on geopolitically and the situation is far too chaotic right now. I would not trade oil and gas.

Trump is acting too randomly. One day attacking Iran, the other day claiming to wish to annex Greenland militarily and in the same breath putting tariffs on their so-called "allies" for absolutely no reason other than personal ego.  There is no single point of reference where anything he does makes sense.

Something that unpredictable should not be traded.

[giammangiato]

Do we all agree that gambling is not a way to make money? Or rather, gambling does not give you a certainty of entry but rather a certainty of economic exit?
Because reading the discussion digresses a lot, talking about gambling, trading and speculation, it's all true that you can make money, but it's not safe to make money.
They are two distinct and separate things and it is good not to mix them, I tell you this to avoid false myths and to avoid false information.
Trading has the same risk ratio with gambling, it certainly has more points in favor regarding market study and investor psychology, but basically the concept is that.
But if you want to make money, there are many ways to go, not necessarily the risk must be high, but the sacrifice could also be high, working hard. Please don't mix things up, which new users might get confused about.

[Betwrong]

Because there are no max wins on oil and gas and no thrill like 10 games parlay. Not to mention getting into 50x top slot bonus on Crazy Time.

True that. You will never get 100x of your investment trading oil and gas, but in gambling even 1,000x is possible. I'm talking from my own experience, I've got 1,000x several times on slots and got one on Chicken Cross recently:



Good luck trying to win like this trading oil and gas. Also, trading is work, while gambling is relaxing. It’s like saying, "Why are you relaxing when you could be working?"

[Wakate]

Trading oil and gas is highly volatile and could wipe out an entire account in minutes, so it's not an investment I would advise anyone to focus on mostly for beginners. You have a special likeness to trading oil and gas maybe, but that does not mean its best compared to gambling generally.

I mean gambling is not an investment but it's not as risky as trading oil and gas, especially when greed is not involved and discipline is not practiced. For experienced traders, trading oil and gas is not entirely bad but one should have the understanding of how the market works and never get too greedy.

Trading is not easy to be profitable and those that are trading are always doing research everytime to know when they have to trade so that the market fundamental does not affect there trades. There are so many you need to know as a trade and when you are not informed the possibility of losing too many times will be there and this can contribute to the overall trade which can be on loses or profit.

[Mr Reporter]

Trading oil and gas is highly volatile and could wipe out an entire account in minutes, so it's not an investment I would advise anyone to focus on mostly for beginners. You have a special likeness to trading oil and gas maybe, but that does not mean its best compared to gambling generally.

I mean gambling is not an investment but it's not as risky as trading oil and gas, especially when greed is not involved and discipline is not practiced. For experienced traders, trading oil and gas is not entirely bad but one should have the understanding of how the market works and never get too greedy.

Trading is not easy to be profitable and those that are trading are always doing research everytime to know when they have to trade so that the market fundamental does not affect there trades. There are so many you need to know as a trade and when you are not informed the possibility of losing too many times will be there and this can contribute to the overall trade which can be on loses or profit.

Well people even see trading as much easier to make that trading oil and gas…well I guess I was lucky enough to learn a little bit of trying and was very fortunate enough that most time it messes with your brain making you feel how worthless you are to trade such shit coin..

Well from oil and gas trading was not much as the main trading it sepf well from the little research that it one of the best and successful to but it has it own up and down…but if you have a professional in it, it should be better to learn..

[imthegreat]

We have now received news that Trump has withdrawn uranium from Venezuela and said that if anyone prevents him from withdrawing it from Iran, he will be severely punished. And we all understand that Trump likes to pump oil from different countries, including, of course, they attacked Venezuela solely because of this. And of course, this most likely also applies to Iran, and the resulting consequences are the closed Strait of Hormuz and the impact on China by not receiving fuel. How can you predict these outcomes, because Trump is an unpredictable person for himself?

[Orpichukwu]

Because there are no max wins on oil and gas and no thrill like 10 games parlay. Not to mention getting into 50x top slot bonus on Crazy Time.

There is indeed no such winning opportunity, and again, it's not even as if oil and gas trading profit is guaranteed; if it were, then it could have been followed on a gradual process to make the profit and add it up, but no, it's not just like we use luck and skill to gamble. The same is applicable over there, but slots give you more opportunity with their mad multiplier.

[passwordnow]

If stake adds this feature that we can trade oil and gas on their platform, I'll do that. If the same thing as the options, that's a good way to recover my losses I guess when the world news are there but with Trump's way of manipulating the market. I do think that it's also as risky as the other markets that we're also trading with. But for someone who mainly focuses in it, I believe that they have the resources to know how the fluctuation will be for oil and gas. Especially today that when the talks are about ending the war, there could be more to happen.

[nimogsm]

We have now received news that Trump has withdrawn uranium from Venezuela and said that if anyone prevents him from withdrawing it from Iran, he will be severely punished. And we all understand that Trump likes to pump oil from different countries, including, of course, they attacked Venezuela solely because of this. And of course, this most likely also applies to Iran, and the resulting consequences are the closed Strait of Hormuz and the impact on China by not receiving fuel. How can you predict these outcomes, because Trump is an unpredictable person for himself?

Journalists have repeatedly pointed out that several hours before Trump announced some important information, someone was making money on oil futures. Someone in his inner circle has inside information and is making a significant profit from it. Incidentally, something similar happened with Elon Musk and Dogecoin. Oil and its price have recently become a subject of speculation, and many are trying to guess the price.

[Mpamaegbu]

Have you guys tried to flip Oil and Gas lately? Im addicted  
Same adrenaline, insane daily volatility… and if you spend at least 5 minutes per day do check what's going on in the world, you cant get it wrong

Who’s trading it?

I see you're really excited. Don't get high prematurely on your early win. This is a dangerous sign. Trading to succeed should kill every single sign of excitement at an early stage so a trader doesn't get carried. A major reason lots of traders get into trouble despite having good strategies is lack of emotional control. That's what excitement and anxiety can cause.

Again, you talked about "Why gamble when you can trade oil & gas?", but you forgot that gambling isn't trading. Both are different things.