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Topic: Are new generation of investors more into gambling? - page 4. (Read 566 times)

full member
Activity: 896
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Yes no dout in this mostly new investor are doing gamling they won't have any experience and also try to become a successful trader in short time which is not possible that's why they do future trade and many more mistake
legendary
Activity: 3122
Merit: 1140
Should we say that even trading normal markets such as spot is part of gambling?
Because obviously one has to "bet" a given amount of funds with hope that the price or value of the item he bought or invested in will grow?
Robinhood is one of the worst exchanges a sober crypto trader can use
It depends, if you are actually using a trading strategy you have backtested and you are following it no matter what then that is not gambling and you are really a trader, but if you are following your instincts, gut feeling, a strategy you do not really understand or the advice of someone else then you are gambling, now I do not think there is anything wrong with gambling as long as you do so at the right place like a casino, but gambling in the markets is just wrong and it will be impossible for you to get any profits if you keep that behavior.
You could actually see it for yourself whether its a gambling or totally a strategic based type of thing and you would really be able to realize when you do have the real experience and those key points you had mentioned
which are actually on point and precise.

Gambling in trading is on the sense on which you do apply guts and instincts on making up trading decisions rather than on going with technical and fundamentals which you should really depend on but there are
circumstances which you cant really able to avoid up.

Deal it according on what means and as long  you do sustain then that what matter the most.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
Should we say that even trading normal markets such as spot is part of gambling?
Because obviously one has to "bet" a given amount of funds with hope that the price or value of the item he bought or invested in will grow?
Robinhood is one of the worst exchanges a sober crypto trader can use
It depends, if you are actually using a trading strategy you have backtested and you are following it no matter what then that is not gambling and you are really a trader, but if you are following your instincts, gut feeling, a strategy you do not really understand or the advice of someone else then you are gambling, now I do not think there is anything wrong with gambling as long as you do so at the right place like a casino, but gambling in the markets is just wrong and it will be impossible for you to get any profits if you keep that behavior.
legendary
Activity: 2716
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Once a man, twice a child!
As if the US regulators truly care what people do with their finances apart from getting taxes from them. Again, while I don't like gambling I still don't think it's enough to force people into investment patterns they don't like. Advising this upward thinking generation to go into stocks as against the fast paced crypto industry for quick ROI will be like dragging people decades back from civilization. Is that what these regulators want, all in the guise of suppressing crypto trades? Whether Options or spot, crypto trading is already a very risky business. By the way, is there any business that isn't prone to risk? Regulators should allow traders choose their risk by themselves. Even stocks aren't safe Haven.
hero member
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Isn't stock investment making you part owner of the company?

While playing in the options trading is gambling with the big companies as they are both on the same side betting on the players speculating where the market price goes. It's a rigged game in which they are the house that wins all the time. There was even a report about trading platforms selling thier order flow data which they make more money out of it than providing trading services.

Yes that's why I said "almost". However, the company can always go bankrupt and your share's value can go to zero or lower than what you bought. You buy a stock because you want it to go higher against the dollar. When you do options, the same logic applies. What you want is always more USD.

You just have to be on the right side of the trade to make them work.

And no, stocks don't always go up. Paypal was $300 6 months ago, now it is trading at $188. You may own the stock, but if you bought at $300, right now you are holding a negative position. It may never recover and make a new ATH. Nobody can guarantee it. Was it gambling just because you bought at $300? No it was just a bad investment.

What I meant is that if the investor is just on the spot market, he wouldn't lose all his funds after the price goes in the opposite direction. On the spot, even when the price hit its bottom, his investment can still be withdrawn although he loses a percentage of it. He didn't lose it all. Buying $300 means you lose all of it in the options trading executing in the hourly chart but he'll not lose it all in the spot market. 

Well, I think the term "gambling" is wrong to describe the activity? Instead of calling it gambling, it should be a much riskier option compared to spot trading no? Well granted any type of investment that one just willy nilly enters is gambling in itself, but if it isn't, then comparing the two, options are simply riskier and that's about it. 
Around 39 million options contracts have changed hands on an average day this year, up 35% from last year and the highest level ever, according to Options Clearing Corp. data as of the end of November.
Regulators worry is that companies like Robinhood and Ameritrade easily approve users to gain access to options which makes the surge of these new gamblers. Retail investors are also enticed to join this frenzy because leverage is quite high while zero transaction fees.

Honestly, I don't even see the issue here, pretty sure that they know what they're getting into, whether it be spot, options, futures or whatever, investing means accepting the fact that you can lose whatever you invested in. Trading is a zero-sum game, people win, people lose.

The issue is that options trading is rigged because the platforms are just betting against these gamblers and they are on both sides of the game.
legendary
Activity: 3276
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Isn't stock investment making you part owner of the company?

While playing in the options trading is gambling with the big companies as they are both on the same side betting on the players speculating where the market price goes. It's a rigged game in which they are the house that wins all the time. There was even a report about trading platforms selling thier order flow data which they make more money out of it than providing trading services.

Yes that's why I said "almost". However, the company can always go bankrupt and your share's value can go to zero or lower than what you bought. You buy a stock because you want it to go higher against the dollar. When you do options, the same logic applies. What you want is always more USD.

You just have to be on the right side of the trade to make them work.

And no, stocks don't always go up. Paypal was $300 6 months ago, now it is trading at $188. You may own the stock, but if you bought at $300, right now you are holding a negative position. It may never recover and make a new ATH. Nobody can guarantee it. Was it gambling just because you bought at $300? No it was just a bad investment.
hero member
Activity: 2548
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Well, I think the term "gambling" is wrong to describe the activity? Instead of calling it gambling, it should be a much riskier option compared to spot trading no? Well granted any type of investment that one just willy nilly enters is gambling in itself, but if it isn't, then comparing the two, options are simply riskier and that's about it. 
Around 39 million options contracts have changed hands on an average day this year, up 35% from last year and the highest level ever, according to Options Clearing Corp. data as of the end of November.
Regulators worry is that companies like Robinhood and Ameritrade easily approve users to gain access to options which makes the surge of these new gamblers. Retail investors are also enticed to join this frenzy because leverage is quite high while zero transaction fees.

Honestly, I don't even see the issue here, pretty sure that they know what they're getting into, whether it be spot, options, futures or whatever, investing means accepting the fact that you can lose whatever you invested in. Trading is a zero-sum game, people win, people lose.
legendary
Activity: 1680
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If you buy random/new coins without doing any research, it's a gambling. But if you doing research first, what's the project use cases and reason why you use them, then it's not a gambling.

And yet most of new generation were a gambling since they're very like to choose new/hype/fork projects. After they got scammed, they will say crypto is scam and the market is full of gambling.
sr. member
Activity: 980
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The new generation mostly are young people who still like to gamble their money to get decent profits, we couldn't call them investors since they are not really invest their money instead of placing the money for bet.
I know if crypto price could be analyze and cannot generalize as a pure bet but still, having the chance of losing all of our money could be call a gambling.
Futures and options platform are everywhere right now, if we compared to 2-3 years ago there are so few of them in cryptospace, this means the users are growing high so people are having lot profits by making those platforms.
hero member
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#SWGT PRE-SALE IS LIVE

Robinhood is turning the new generation into gamblers and regulators are concerned because options trading is now preferred by the newer generations over stock trading or investing. We all know options trading is not investing because with options trading you are just betting what the price will be of a company's stock.


LoL wat? Who decides that it is a gamble to buy options? If options investing is gambling, then everything is gambling. Buying stocks on spot is also gambling if you follow this same logic. Why would anybody care anyway if people want to gamble? It is their money and they can do whatever they want with it.

If trading options is gambling, so is buying stocks, so is starting your own business, so is eating outside.
When you own a company's stock, you still bet on the price of the company's stock. You want it to go higher. It is the same thing. (almost)

Isn't stock investment making you part owner of the company?

While playing in the options trading is gambling with the big companies as they are both on the same side betting on the players speculating where the market price goes. It's a rigged game in which they are the house that wins all the time. There was even a report about trading platforms selling thier order flow data which they make more money out of it than providing trading services.





legendary
Activity: 2338
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CoinPoker.com
For sure most of these "new generation of investors" who are into gambling/most trading on futures, are newbies or don't have risk management at all or they don't know how options trading works.
For me. these trading platforms should make some awareness to their clients, to let their customer knows the risk of trading options, most newbies now don't really care about such risks because they thought it is easy money.
sr. member
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Quote
Around 39 million options contracts have changed hands on an average day this year, up 35% from last year and the highest level ever, according to Options Clearing Corp. data as of the end of November. Retail traders recently made up around one-quarter of all options activity.

A quote from the article Investors Are Using Robinhood, Other Platforms to Jump Into Options Trades, Worrying U.S. Regulators

Robinhood is turning the new generation into gamblers and regulators are concerned because options trading is now preferred by the newer generations over stock trading or investing. We all know options trading is not investing because with options trading you are just betting what the price will be of a company's stock.

Regulators worry is that companies like Robinhood and Ameritrade easily approve users to gain access to options which makes the surge of these new gamblers. Retail investors are also enticed to join this frenzy because leverage is quite high while zero transaction fees.

Robinhood also offers crypto trading so I wonder if Bitcoin Futures & Options are also the most preferred today by the new generations of traders than on the spot market?

Well since they offered so many promos many youngsters only attracted to try using options trading, also using your luck rather is easier than learning a new skill tho. They always persuade new investors with a great return, safety, promos and others. Now lately I saw many ads about it lmao 
sr. member
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Don't know how many percent, but binary options really hype this time. I mean in past some people avoid this kind of thing to make money, but i see on some social media, influencers get endorsed by some binary option sites and they only tell people if this kind of thing is really good to make people rich, because they only need to guess if price will up or down.
hero member
Activity: 1834
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Rollbit.com ⚔️Crypto Futures
The fact that crypto gambling has an investor slot. am sure these guys also want to get the feel of how crypto gambling works and to check if the business is a viable....besides these assets are tiring to look at on the charts all day hense gambling could be a refresher course.

 
legendary
Activity: 2100
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Heisenberg
Should we say that even trading normal markets such as spot is part of gambling?
Because obviously one has to "bet" a given amount of funds with hope that the price or value of the item he bought or invested in will grow?
Robinhood is one of the worst exchanges a sober crypto trader can use
sr. member
Activity: 2310
Merit: 332
The new generation is just battling with hard times, things are changing as government not taking up responsibility properly to help the people under them so the people have taken to gambling to survive for daily bread but unfortunately gambling is not easy to make win from so the people end up to lose the little they have to gambling. Just a few percentage that have winning from gambling and the rest loser's money are used to pay winners. Losers will keep making effort to get some win on there money but that is hard because not all players will win.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
You always see gamblers or degens in any market. In crypto market, you have more because it is a more volatile market that satisfies need to gamble.

But don't turn yourself to be one of them. Do your own research and be knowledgeable investor.

Crypto market can make you rich if you can hold Bitcoin. I emphasize, hold Bitcoin and if you want to do investment in altcoins. Ethereum and BNB are my choices.
This, it is not as if the stock market is safe either, there are penny stocks that are like the icos of this market in which you can invest in small companies and hope for big returns, it is true that we see a lot more people with those tendencies here and mostly this has to do with the volatility of the market, however there is nothing to do, if people want to gamble in the stock market then they are within their rights to do so, after all that money does not really disappear and it goes towards the hands of responsible and smart investors instead.
hero member
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I would agree that the people that I know trading in real life, they're exploring more with options since they think it's a way for them to become quickly wealthy.
We can't stop them until they realize that they've been hit hard and they've quickly losing money from it. But if they're good as the others who are making not just 10x but more than 100x then that's actually good for them.
sr. member
Activity: 1988
Merit: 283
 It depends if they don't take it seriously, like what others lazy people doing nowadays in the space and complaining what results they all have after all. Lol , me personally i dont believe after how many years crypto investment will become too tough for others such new comers.because indeed all the information can be found easily in the internet..  So it depends if they will not invest time for it as well to study first in order to obtain specific information how crypto really works because that's the only key to become successful, it's all about knowledge to be honest..
full member
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LoL wat? Who decides that it is a gamble to buy options? If options investing is gambling, then everything is gambling. Buying stocks on spot is also gambling if you follow this same logic. Why would anybody care anyway if people want to gamble? It is their money and they can do whatever they want with it.

If trading options is gambling, so is buying stocks, so is starting your own business, so is eating outside.

When you own a company's stock, you still bet on the price of the company's stock. You want it to go higher. It is the same thing. (almost)

I completely agree with what you say. Further I wanna add this that "in gambling a winner is the one who knows when to stop". People think that crypto is purely a gambling while stock is not. Its because in stock there is a physical company that stands before the share while in crypto there is no such thing. Someone please tell them there is huge crypto community standing behind BTC.
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