Between futures trading and gambling - page 11.

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Quote from: Rabata on June 30, 2023, 12:52:41 AM

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type.

Futures trading is not normal trading. You're trading an index that doesn't have much to do with the real thing. It takes data from exchanges that it partners with and you're betting money on that data going up or down, without owning anything.
When you trade an asset like bitcoin, you own it. When you sell it, you really get rid of it on the market. When you decide to buy futures, you buy nothing, a contract with a company, just like when you send money to a bookie. In this matter futures trading and gambling are very similar.

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Quote from: piebeyb on June 30, 2023, 05:38:04 AM

Quote from: Rabata on June 30, 2023, 12:52:41 AM

~snip~

Yes, it only has similarities in terms of risks, although in everyone's view, of course, it is different, not completely the same. If a gambler is good at gambling, he should not play futures trading or vice versa, if a trader, don't try to play gambling because of course it will be very difficult to win, so both have differences. how to play but can be played by each skill.

There is no need to distinguish between the two because they both have the same risk, it's just that sometimes what distinguishes the two is how to play and the players, don't say futures trading is risky if you are a gambler, never say that gambling is very risky if you are a trader, so just play with what you have the ability of either of the two.

I grasp your viewpoint, yet allow me to illustrate a parallel. Picture trading and gambling as two dogs. One is a disciplined service dog; the other, a feral hound. Would we expect identical behavior because they're both canines?

Futures trading is the service dog - regimented, strategic, seasoned with some educated forecasting. On the other hand, gambling is akin to the feral hound, erratic and at the whim of fate.

Absolutely, everyone should adhere to their expertise - their 'dogs', per se. But, just as a pastry chef differs from a sushi master, despite both being in the food business, each arena requires distinct skills, risks, and rewards. Bear in mind, the market has amnesia. Don't misconstrue yesterday's windfall as today's skill.

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Quote from: Rabata on June 30, 2023, 12:52:41 AM

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.

The primary reason we fall into these two areas is for the purpose of generating profits. Gambling and trading are both perilous, and we should conduct extensive study before investing in either. I'd rather trade because the entire process would benefit from basic ideas. Reading and understanding everything we come across helps us grow every day, unlike gambling, where we have a 90% risk of being addicted if we don't manage ourselves, I've witnessed countless cases where people turned into addicts and become more frustrated in engaging into gambling activities.

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Quote from: Fredomago on June 30, 2023, 04:56:35 AM

Quote from: maydna on June 29, 2023, 09:18:35 AM

~snip~

Knowing the grounds and potential and all the risk that sorrounds either gambling or future trading is very important, it depends from how a certain individual interpretations of opportunities, though like what everyone of us are saying, the risk is always present it will be depending from how you pick the venue and how well you will going to analyze your potential benefits.

Gambling or future trading is for people who can take the risk and can manage the actual risk that they are taken when they place thier money in this kind of industry.

The risk is clearly behind futures trading and gambling. But the risk may be much greater in gambling because no one knows when we can win. But when it comes to futures trading, people can profit even though they can also get a loss. But if they keep trying to analyze the market and find the right coin, they can recover their losses. They should realize this so they don't gamble too often and instead use futures or even spot trades to make a profit.

People willing to take risks can make money, but it depends on what they do. They will make it if they can manage their finances and find a way to make money.

piebeyb

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Quote from: Rabata on June 30, 2023, 12:52:41 AM

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.

Yes, it only has similarities in terms of risks, although in everyone's view, of course, it is different, not completely the same. If a gambler is good at gambling, he should not play futures trading or vice versa, if a trader, don't try to play gambling because of course it will be very difficult to win, so both have differences. how to play but can be played by each skill.

There is no need to distinguish between the two because they both have the same risk, it's just that sometimes what distinguishes the two is how to play and the players, don't say futures trading is risky if you are a gambler, never say that gambling is very risky if you are a trader, so just play with what you have the ability of either of the two.

Doan9269

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Quote from: Rabata on June 30, 2023, 12:52:41 AM

Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money.

If you're interested in trading and embark doing it without having the ideal knowledge in trading, I will assume you're gambling even though trading is not gambling, but what we do that present us far away from the chances of making profits due to the level of risk could be termed a gambling

Quote from: Rabata on June 30, 2023, 12:52:41 AM

There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.

Since there are many other forms of trading one could engage doing amd it will not appear to be like gambling as in doing future trading, we can decide bitcoin trading base on our choice, everything we do is on the chase after making money to profit from, we also stand the risk of loosing while doing that.

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Quote from: maydna on June 29, 2023, 09:18:35 AM

Quote from: Josefjix on June 28, 2023, 09:06:53 AM

Quote from: maydna on June 28, 2023, 05:26:48 AM

~snip~

Gambling is not an option for me; it has never been and will never be my thing. Gambling and future transactions are not the same thing, even if both involve a certain amount of luck. Gambling necessitates the availability of games as well as statistics in order to record successful results. While trading deals with fundamentals and technical analysis, understanding them at one's fingers allows one to predict market seasons. I prefer futures trading to spot trading since it provides more earnings while also generating losses if not traded intelligently.

That's great if you've decided gambling isn't for you. I think you've seen a lot that happens in gambling, including many people who have lost. And it's better to use trading for profit than gambling because we can choose coins to trade. But if there really are people who want to choose gambling over trading, that's up to them, and we hope they know the risks and are ready to accept whatever the outcome. And they can compare the results they can get between trades, be it futures or spot trading with betting. And if they see that more trading can provide better results, they should choose trading over gambling.

Knowing the grounds and potential and all the risk that sorrounds either gambling or future trading is very important, it depends from how a certain individual interpretations of opportunities, though like what everyone of us are saying, the risk is always present it will be depending from how you pick the venue and how well you will going to analyze your potential benefits.

Gambling or future trading is for people who can take the risk and can manage the actual risk that they are taken when they place thier money in this kind of industry.

Rabata

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Gambling and trading are not similar. There are quite a few differences between gambling and futures trading in terms of type. In gambling, money is completely put at risk so the gambler gives up hope of that money. There are chances of winning and losing the bet money. The amount of money a gambler will win or lose on a bet can be determined in advance. in addition trading is basically speculative. There the gambler can have no preconceived notion of profit or loss. Futures trading is also risky as it is highly volatile. Although some consider gambling and futures trading similar in terms of risk but they are different.

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Quote from: darewaller on June 29, 2023, 12:58:50 PM

Spot trading like you said is much easier so it's more profitable than compared to futures trading. This is ideal for beginners and pro. We should only do futures if we have extra, like on what we did in playing a gambling.

It doesn't mean that a much easier to do is more profitable.

There are even traders who didn't even experience being in Future Trading but already losing lots on Spot trading and can't deal with those stress effects after losing. We can't compare the level of profits at both Spot and Futures since it depends on every user's approach and knowledge.

Maybe the best appropriate thing to say is, Spot maybe user-friendly in terms of technicality compare to Futures but overall, both are risky, obviously.

The same goes for the usual gambling. Again, the key to profits at those will depend on the user's own way or approach.

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Quote from: piebeyb on June 29, 2023, 09:13:02 AM

Gambling can also lose faster so both are the same depending on how we choose which one is best for us to play, if you are good at analyzing crypto prices you can try futures trading but if you are not good at trading but good at gambling you should just focus on gambling games don't try both . because both are equally high risk.

I think you mean in the aspect of losing money. Yeah, you are right; in both, one can lose money, but I think if you are very skilled in future trading, you will really know how to maximize profit and minimize your risk since trading is not measured by luck just like It is with gambling. You know gambling can get one more addicted than trading would, because in trading, you would really know that you are not there for fun but for a serious business, but in gambling, you could also get carried away by the fun and keep gambling and losing. I can just say that trading deals more with skill than gambling, which is more about luck.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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Quote from: QueenVera on June 27, 2023, 04:39:31 PM

Personally I don't see any reason to compare them when I can do them both. The only time I enjoy future trading is when I have some reasonable trading capital but for gambling with as low as $1 i might be having some incredible wins such in the case of a friend who won about $300 with a less than one diary bet and thats the sweetest thing about gambling but if you want to enjoy trading(future) then I will advice that you get some reasonable capital and if I'm to choose between the both provided im.getting all my requirements then I will chose trading over gambling.

Your friend must be extremely lucky because that doesn't happen to everyone, and it is never possible to start gambling with just $1 because you can't just always start winning as soon as you start gambling, sometimes you face multiple dead bets right after you start gambling and that will result in you losing your small bankroll before you can even win something, however, you are right that trading requires a bigger capital than gambling.

Even though both futures trading and gambling are dangerous because you can lose everything you have in no time in these two, I would still not compare trading with gambling because gambling is a pure game of luck while there is a lot of involvement of knowledge and experience in trading.

darewaller

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Quote from: bangjoe on June 26, 2023, 01:07:35 PM

Quote from: Crypt0Gore on June 23, 2023, 12:29:06 AM

There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?

I have said several times that in gambling do not expect to get money, it is a wrong decision in seeing gambling, because in fact if gambling is made a place to make your money likely to lose money, but if you take trade, the possibility of your defeat Get it in the initial stage is much bigger, but if you do it consistently and learn every mistake, surely the trade made will bear fruit and it can be a long -term knowledge for profit from trade.

I think it's better to find money in trade, especially in spot trading, rather than having to find income in gambling, it's better to gambling is a place where we spend money to find pleasure.

Even if you play for fun, you are still going to lose your money most of the times. The only difference is the acceptance. It's that gamblers who play for fun can accept their losses easily and there are no regret feeling that can cross in their mind but the opposite gambler will feel the opposite thing. In trading, as long as the beginner don't engage in real time actions immediately, they will not lose their money yet but they will later on although it can be minimized and on top of it is greater profits.

Spot trading like you said is much easier so it's more profitable than compared to futures trading. This is ideal for beginners and pro. We should only do futures if we have extra, like on what we did in playing a gambling.

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Quote from: tusandii on June 29, 2023, 07:55:09 AM

Quote from: bangjoe on June 26, 2023, 01:07:35 PM

Quote from: tusandii on June 24, 2023, 10:27:56 PM

I don't know why I don't agree with your answer because in short-term trading it can also be done and in short-term trading we can avoid losses from falling crypto prices that we trade.
But all of that is their individual choice and I respect what is your opinion.

I myself prioritize trading if I really want to find a profit with a risk that we can still control and use gambling only as a place for fun and to entertain myself if you are lucky to get a win but a win is just a bonus.

Long -term investment or short -term investment if done in the trade spot is not gambling at all, because we will not lose our money when prices turn from what we have pddy, I think more about that trade that has elements of gambling is future trade, which When you count the wrong you will lose your money that you have input to guess the price.
For example, you take "long" for BTC prices in trading, but the market turns red which makes MC, that's why your money is lost and you don't have your coins, isn't that the same as asymmetrical gambling?

Yan we have to be happy is that gambling has many types, so it cannot be equated with objects whose mechanisms are not the same, such as card games and sportsbooks, it cannot be equated.

Trading is not gambling and trading cannot be said to be gambling because in trading we ourselves determine the chances of losing or winning and even every step we can take to maximize profits or minimize losses.
Some people out there think trading and gambling are the same thing but in fact they are quite the opposite.

In the long term we usually call it an investment and investment is still uncertain because it is expected in the next few months or years.
A drastic reduction in price does not make the coins we buy disappear because the amount will remain the same at any time, it's just that the mat value will disappear and the coin will become worthless and this cannot be said to be a form of gambling.

If you understand very well what is meant by me, I am more focused on the "Future" futures trading which is technically almost the same as the binary option trading, which is technically we can minimize losses and maximize profits because it has quite high multiplication.

I do not debate the "spot" trade because as you say the number of coins you have will not be reduced even though the price continues to decline, it is clear like a sheet of stock and or other assets, whether it's short -term investment or long, number of coins in your wallet does not increase and do not decrease.

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Quote from: Josefjix on June 28, 2023, 09:06:53 AM

Quote from: maydna on June 28, 2023, 05:26:48 AM

~snip~

Gambling is not an option for me; it has never been and will never be my thing. Gambling and future transactions are not the same thing, even if both involve a certain amount of luck. Gambling necessitates the availability of games as well as statistics in order to record successful results. While trading deals with fundamentals and technical analysis, understanding them at one's fingers allows one to predict market seasons. I prefer futures trading to spot trading since it provides more earnings while also generating losses if not traded intelligently.

That's great if you've decided gambling isn't for you. I think you've seen a lot that happens in gambling, including many people who have lost. And it's better to use trading for profit than gambling because we can choose coins to trade. But if there really are people who want to choose gambling over trading, that's up to them, and we hope they know the risks and are ready to accept whatever the outcome. And they can compare the results they can get between trades, be it futures or spot trading with betting. And if they see that more trading can provide better results, they should choose trading over gambling.

piebeyb

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Quote from: Lida93 on June 29, 2023, 08:12:16 AM

Futures trading is of higher risk to gambling and you got to be a pro with veteran wealth of experience to make it through futures trading otherwise you can go from $50k to $0 within few seconds in futures trading on the other hand gambling despite some risks involved there's also some fun we derive from it as gamblers, a fun you can get from futures trading. For real, I'll go for gambling than futures trading as I can always replace the futures with spot trading being less risky.

Futures trading does not rely on luck like playing gambling so it can be analyzed first before opening an order, besides that you can set the amount of take profit and loss so that it makes it easier to minimize the money you have so that it doesn't run out in seconds as you said, gambling too like some casino games there are settings for automatic bots to adjust take profit and lose.

Gambling can also lose faster so both are the same depending on how we choose which one is best for us to play, if you are good at analyzing crypto prices you can try futures trading but if you are not good at trading but good at gambling you should just focus on gambling games don't try both . because both are equally high risk.

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Quote from: Lida93 on June 29, 2023, 08:12:16 AM

Futures trading is of higher risk to gambling and you got to be a pro with veteran wealth of experience to make it through futures trading otherwise you can go from $50k to $0 within few seconds in futures trading on the other hand gambling despite some risks involved there's also some fun we derive from it as gamblers, a fun you can get from futures trading. For real, I'll go for gambling than futures trading as I can always replace the futures with spot trading being less risky.

Yeah, for an absolute novice to futures trading, it is much better settle with gambling, since literally any body who has never gambled before, can wake up one morning and in the next 3 to 4 hours, they are already winning some games if they are lucky.

But for futures trading, even 3 months long training sometimes is not enough to master the art and intrics involved with trading the futures market and coming out in profit.

But still, I will not fail to say it that, a professional trader who have mastered the art of trading will still go for futures trading over gambling, simply because, trading can give you a stable income while gambling can't.

Lida93

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Futures trading is of higher risk to gambling and you got to be a pro with veteran wealth of experience to make it through futures trading otherwise you can go from $50k to $0 within few seconds in futures trading on the other hand gambling despite some risks involved there's also some fun we derive from it as gamblers, a fun you can get from futures trading. For real, I'll go for gambling than futures trading as I can always replace the futures with spot trading being less risky.

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Quote from: bangjoe on June 26, 2023, 01:07:35 PM

Quote from: tusandii on June 24, 2023, 10:27:56 PM

Quote from: qwertyup23 on June 24, 2023, 06:25:43 PM

To answer your question, I would divide my answers into two (2), which are as follows:

Short-term: Gambling; and
Long-term:: Trading.

I don't know why I don't agree with your answer because in short-term trading it can also be done and in short-term trading we can avoid losses from falling crypto prices that we trade.
But all of that is their individual choice and I respect what is your opinion.

I myself prioritize trading if I really want to find a profit with a risk that we can still control and use gambling only as a place for fun and to entertain myself if you are lucky to get a win but a win is just a bonus.

Long -term investment or short -term investment if done in the trade spot is not gambling at all, because we will not lose our money when prices turn from what we have pddy, I think more about that trade that has elements of gambling is future trade, which When you count the wrong you will lose your money that you have input to guess the price.
For example, you take "long" for BTC prices in trading, but the market turns red which makes MC, that's why your money is lost and you don't have your coins, isn't that the same as asymmetrical gambling?

Yan we have to be happy is that gambling has many types, so it cannot be equated with objects whose mechanisms are not the same, such as card games and sportsbooks, it cannot be equated.

Trading is not gambling and trading cannot be said to be gambling because in trading we ourselves determine the chances of losing or winning and even every step we can take to maximize profits or minimize losses.
Some people out there think trading and gambling are the same thing but in fact they are quite the opposite.

In the long term we usually call it an investment and investment is still uncertain because it is expected in the next few months or years.
A drastic reduction in price does not make the coins we buy disappear because the amount will remain the same at any time, it's just that the mat value will disappear and the coin will become worthless and this cannot be said to be a form of gambling.

xSkylarx

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We can do both because gambling is just for fun which you can easily learn it but for trading this requires a lot of your time and patience as you needed to learn it overtime and you cant learn it in just one night, others takes months and even years then that is the time they are earning profit but that doesn't mean that you keep winning on it there are really times that you'll lose . But for me doing both is good because gambling is for fun and trading is for profit and knowledge

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hmph..

Quote from: Cryptmuster on June 29, 2023, 03:55:24 AM

If we compare futures with gambling, I also believe that there will be more chances in gambling, but I would add spot trading to this list, because I achieved the best results in spot trading. Wouldn't like to consider futures, this is the most difficult direction for me, in gambling I play with little money, it can hardly be called a serious occupation, but spot trading brings me the best result and, accordingly, I work with significant finances for me, to get the best result.

Well some people say both of these are gambling and I agree with you. Because, none of the assets are held while entry in futures, we can only guess the price up or down. For example, we place Long, here we are make a guess based on the analysis we are seeing from the candle and its fundamentals. Meanwhile, gambling is playing games and betting or watching sports and betting. The analysis also revolves around the condition of the players in sports. So, this is the reason that futures and gambling are considered gambling. Of course, the perspective of each user will be different depending on how he sees futures positions and bets.

Topic: Between futures trading and gambling - page 11. (Read 1870 times)