Trading and Gambling which do you earn faster?

[Freeveto]

I want to know if my advise is wrong, please your contribution also really matter to me so that I can quickly run back to him to share some resourceful information that are shared here.

To earn fast, risk is involved, if you are willing to take risk, future trading with high leverage will give quick profit and also quick loss once you make mistake: it all depends on you. Wherever I here about fast money, my mind go towards greed, some people really can’t wait to make money gradually, they wants to make it as quick as possible and that will expose them to a bigger risk where they can easily lose their entire capital.

Although, there are fast bets to also give you quick money, but it is not in all platforms, some platforms have fast bets for quick money, but if you rely on spot bets, you have to wait till the matches are played. If you also want quick money, you can accumulate as much odds as possible and stake higher to win big, it is only left for you to bear the risk.

[Questat]

One thing I know, trading is like gambling too, so if you are not careful on your trades, you will easily lose your money without creating chances to earn. This is why a lot have been losing from trading, not because they have no real knowledge and experience, but because they are also trading like gambling.

However, some traders have also gained the opportunity to earn faster more than gambling. That's because they prioritize having skills and proven working strategies with trading, without chasing luck just like gamblers do when gambling.

[stadus]

Well, the idea to earn fast money with trading only tells me that you are certainly gambling. Both cannot make you earn faster, but they can instantly let you experience fast losses especially if you don't practice risk management in both trading and gambling.

But let's be realistic, you can grow a significant amount of profits from trading with good amount of experience but that does not mean that you can gain quick and consistent profits. Trading is highly risky, one can more likely to lose than being profitable in the end. And that losses have no exception, same with gambling.

[Issa56]

Unfortunately, gambling doesn't pay faster if that's what your friend thinks. Many people who have been gambling for a long they haven't made back half of the money they have lost since they started gambling.

I don’t know why people do think there is something they can do which is going to give them quick money. If you are the kind of person looking for quick money, you might not make the money, instead you going to end up losing everything which you are having with you. In life we shouldn’t be so desperate to make money, and I will say either trading or gambling can’t give you quick money.

If you are gambling, you shouldn’t always have the mindset of making money from it, because that’s what makes some people to get addicted to gambling, they are always having hope that they going to win even when they are losing, which they will end up losing everything which they have with them.

Trading is not s easy activity, and you can’t make quick money from trading also, you will have to take your time to learn how to trade, and even after you understand trading, you shouldn’t expect instant profits, you going to be making money gradually, and you should always expect loss to set in sometimes.

[mirakal]

The biggest challenge with trading and gambling is not actually how to earn faster, but how to avoid maximum losses that could lead you to a total loss. Once you can do that, profits are guaranteed.

Now which can make us earn faster, it depends on how you deal with gambling and trading. If you are impatient and only enter trading and gambling for quick profits. definitely you will only lose your money without even have the chances to gain profits. But if you have the skills, patience and luck as well, maybe trading will more work than gambling.

[Sanitough]

Anyone should not think they can make money from gambling. It can result into addiction instead. It is better you are only gambling for fun. Some people can make money from trading, but trading is also risky just like gambling and most traders are losing. Use the amount that you can afford to lose to gamble or trade. They are both risky. In trading, if you are making money, you can increase the amount you are using to trade. Do nit do that in gambling.

Both are actually risky and the illusion of making money faster could turn out into losing them all in a flash. My point is, do not rush and chase instant income as they only happen when there is perfect timing. Instead, gamble for fun, and trade not as a major source of income but a side hustle so that when trading profits are a bit tight, your main job will still provide you a regular income.

However, we can obviously make money from gambling and trading, but we may pass its losing streak first before hitting the winning streak.

[Ziskinberg]

I want to know if my advise is wrong, please your contribution also really matter to me so that I can quickly run back to him to share some resourceful information that are shared here.

You have given him a better advise but that hasn’t  really solved the problems of him not still encountering major risk in the process, it has only given him the liberty to get to face a lesser risk when he learns how to trade rather than going all full into gambling. Gambling is a game of luck and you can’t compare the risk there and the one he’ll face if he’s a trader. A trader knows a better trade than a gambler knowing of a game that will go as anticipated.

With the knowledge of trading, you can make better decisions and also know what to risk in a trade. Gambling is kind of more complicated to understand than trading. The best option you’ve given him is to invest and hold. As long as he sticks to his proper risk management, he’ll not be at loss in investing if he did invest in bitcoin rather shitcoins or altcoins without potential.

Investing and holding bitcoin as well will not make him earn faster either, he might even get into panic selling when his emotions are no longer controllable. So I don't think it will work on him, except if he will learn to get rid of the idea of earning fast money and stretch his patience while waiting for the bullish market and sell his coins in profits.

Reality is, everyone is losing from gambling and trading even the said well experienced and professionals so its hard for us to determine which gives fast profits.

[atookz]

I personally believe that trading is similar to planting a tree and gambling is similar to purchasing a lottery ticket. One takes time but grows deep roots and the other can be quick, but can go down the drain in one go. In fact, if your friend is impatient, that's a red flag for getting into either one — because impatience is the #1 reason people cut their losses at the bottom in trading, or go all-in while tilting in gambling.

In trading, you can improve your odds through learning and strategy — the more you know, the more your odds improve. With gambling, however, the odds have been stacked in favor of the house from the beginning (house edge), so even if you do your research you are always at a disadvantage. Although it seems like gambling is a quick, easy way to get money, it's actually one of the least reliable ways to make money.

I'd say exactly what you say: patience is yet to be mastered by him and for now, DCA/hold. Not instant, but far fewer regrets.

[Bitinity]

The main question is about speed, no doubt that gambling can give you much faster way to earn money as you can get it in a single click or in a second only while in trading in may take minutes-hours-days and even longer time. Although you can also treat trading faster like seconds, but I do believe it is not a real trading becasue it is like you are gambling. Anyway, the possibility of having faster way to earn money does not mean that it is better.

[Tamaperdana]

Snip

When he asked that which do I prefer to go into and told him trading could be more better, this also struck me to come here to ask on which do you think one can make quick money from them. I know both do take time but he doesn't have patient to trade or sitting his himself down to start learning things about trade otherwise, for me I have given him the option of buying and hold and whenever there are more changes in the price of the asset he is hold can sell and take profit.

I want to know if my advise is wrong, please your contribution also really matter to me so that I can quickly run back to him to share some resourceful information that are shared here.

Both, if done rashly, can clearly have negative consequences. Trading, if we rely solely on speculation and can't control our emotions, is tantamount to gambling. Therefore, I believe that when it comes to quick profits, I believe it's extremely difficult to achieve, whether through trading or gambling.

As we know, everything requires a process, and it's clearly not easy. So, whether trading or gambling, I think the results will be the same. However, trading will still be superior if studied thoroughly. Trading can clearly be very promising, not just speculation, if we understand the science.

So, yes, suggesting your friend trade might be a good idea, but don't let your friend dive into futures trading just yet. It's very risky, especially for beginners. So, encourage them to stick to the spot market, as it's safer and more manageable.

[ultrloa]

The main question is about speed, no doubt that gambling can give you much faster way to earn money as you can get it in a single click or in a second only while in trading in may take minutes-hours-days and even longer time. Although you can also treat trading faster like seconds, but I do believe it is not a real trading becasue it is like you are gambling. Anyway, the possibility of having faster way to earn money does not mean that it is better.

Both can actually give them fast profit, but these things will depends the expertise of the people.

Since there are individuals which is good in trading and same as well on gambling to, but what also other things they need to understand is there's no sure profit to get from both activities. That's why its good to settle up their expectation. Because asking to much can possibly make them greedy and this will put them in much worse position.

So for sure once they already tried both, they can provably tell on which they are good and if either trading or gambling could give them much quicker profits.

[Charles-Tim]

Both can actually give them fast profit, but these things will depends the expertise of the people.

So for sure once they already tried both, they can provably tell on which they are good and if either trading or gambling could give them much quicker profits.

Almost all gambers are losing. But trading is kind of different, but it is still in a way that most traders are also losing the money they are using to trade. But trading is better when trying to earn money, but most people are not patient traders, they want to make 100% of their money daily, weekly or monthly and which is very hard to achieve.

Gambling is not a means of making money. Trading can be as risky as gambling.

[Somegory]

Both are fast but I'd go with the one that's likely to bring me more profits which is trading, with the right tools at your hands you can win 8 trades out of 10, that's if you know what you are doing.

You can't say the same with gambling, I've tried 10 rounds in a casino and lost all the 10, because gambling is pure prediction with no tools to wager for advantages, this is why trading will always be better.

It's my own opinion as I believe that many people will prefer gambling over trading and I respect that too, do what works best for you and enjoy, gambling is my way of relaxation than making money, if money is my priority the answer is trading.

[Peanutswar]

I do not know if this post should be posted at the gambling section or this trading board because if you look at the title it both has gambling and trading which I am trying to know where to post it.

I guess suitable in gambling discussion.

[...] this also struck me to come here to ask on which do you think one can make quick money from them. I know both do take time but he doesn't have patient to trade or sitting his himself down to start learning things about trade otherwise, for me I have given him the option of buying and hold and whenever there are more changes in the price of the asset he is hold can sell and take profit.
[...]

But if we talk about a fast to earn money its gambling. Both of them need to have a capital, but different executions. In trading you need to understand the market structure of the token or stocks you wanted to trade, even understand what are the current market trend and if there is a demand so basically with these knowledge you will now start to check if there is a potential to make a position in the market if you are going to buy or not. So basically, takes a lot of time to consume an analyzation if you dont have time like that and even plan to make trade in the future is go in Gambling which is all you need to find a game you seen a potential and make a bet and wait for the result that's all but if you wanted to get a higher chance of win rate still consumes time to check the previous matches, and standing of both teams to know which has a higher win rate.

[CucakRowo]

Both are fast but I'd go with the one that's likely to bring me more profits which is trading, with the right tools at your hands you can win 8 trades out of 10, that's if you know what you are doing.

You can't say the same with gambling, I've tried 10 rounds in a casino and lost all the 10, because gambling is pure prediction with no tools to wager for advantages, this is why trading will always be better.

It's my own opinion as I believe that many people will prefer gambling over trading and I respect that too, do what works best for you and enjoy, gambling is my way of relaxation than making money, if money is my priority the answer is trading.

You sure about that, dude? 8 out of 10 huh? 

Honestly, after years in the market, I've never come across a trader with a win rate anywhere near that high.

Sure, most folks will say trading is better than gambling and believe it offer more reliable profit.
That's mostly because one is labeled as finance  and investing, while the other is simply gambling and get labeled as some unhealthy activity.
But is that actually how it works IRL? Only to some extent. For most trader, its still losses and sometime pretty damn ugly one.

Go look at the actual data, do not just wing it. It's not random that trading keeps getting compared to gambling. Chew on that

[Yeesha]

Anyone should not think they can make money from gambling. It can result into addiction instead. It is better you are only gambling for fun. Some people can make money from trading, but trading is also risky just like gambling and most traders are losing. Use the amount that you can afford to lose to gamble or trade. They are both risky. In trading, if you are making money, you can increase the amount you are using to trade. Do nit do that in gambling.

Trading is actually the best option, but if the OP is willing and eager to make money in a haste, he might make the mistake of jumping into it without acquiring the basic knowledge. Gambling is not the best option, but I still can't deny that both gambling and trading are are actually very risky. But they are ways through which you can limit the risks in trading, unlike gambling you just have to accept whatever you see at the end of the day, because there is no any criterias on/ for risk management, the only way to control that, depends on the amount that you stake. Risks in trading can be manage through various ways, and that's one of the major reasons why I think it's the best option.

[CryptoBuds]

However, we can obviously make money from gambling and trading, but we may pass its losing streak first before hitting the winning streak.

I do not fully agree with that. Maybe with trading. You can actually make money there if you've built up enough knowledge, experience, solid strategy and discipline over time. Although tbh, I don't believe anyone can really pull that off. lol

But with gambling, if you go in with that exact mindset, the longer you play, the deeper the losses pile up and you could endup an addict.
Anyone gambling with idea of making money never really gets a happy ending, man, imo.

[SuperBitMan]

Both can actually make you quick money if you are the lucky type, but if you are not the lucky type you can go broke.
Trading will actually take you more time to learn and master but gambling, like sport betting will not take you time to learn.
You can actually use a day or 2 to learn everything you need to know about sports betting but you can’t do that with trading.

My advice, there’s no quick money anywhere, if you are trying to make quick money you are going to get scammed very soon and if you are lucky that you don’t get scammed you are going to lose all your money to either gambling or trading.
Remove the mindset of wanting to make quick money.

[Goasvuean]

i think both carry risks, but trading gives you more room to study the market instead of relying mainly on luck.