Pages:
Author

Topic: Between futures trading and gambling - page 13. (Read 1870 times)

hero member
Activity: 1106
Merit: 570
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.
hero member
Activity: 2828
Merit: 611
June 27, 2023, 11:28:53 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?
Less risky would be futures trading because skills can be applied here however skills can also be applied in some gambling games. The only difference is trading can be stressful while gambling is fun as long as you won't mind losing because the chance for it to occur is always there.

When it comes to the learning curve, I believe gambling is easier while futures trading isn't. In terms of earning capabilities, gambling had a better odds, I mean we can earn large amount on here quickly if we get lucky than in futures trading. Overall, I think I will be able to do both but I will mostly do futures trading and I will only play gambling on my break time to release the stress that build up in doing futures trading.
hero member
Activity: 1148
Merit: 796
June 27, 2023, 10:05:07 AM
In gambling your chance to win and able to beat the house is impossible based on calculation because it's not 50/50.

In trading your chase to win and able to beat the market is completely depend on your decision, there's no other thing can ruin your decision, so it's 50/50.

If you ask which one is better and has a good potential to make money? the answer is futures trading. But there's no fun if you lose in trading because you're only looking to make money, that's why gambling is good when you're gamble for fun.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 27, 2023, 09:54:10 AM
Taking more time to research all the things that you need before taking your trade or before positioning your trade, it's important to know all the aspects, though just by the same process, if you know more about the things that you are doing you can have some edge, it applies with sports betting and so with future trading, if you have that knowledge about the sports and you really paying attentions to all the factors that affects the outcome you can create good assumptions though not an accurate one but can have some little edge from those who don't have that knowledge,

Same process as future trade. If you focus on learning how the market moves, then you can anticipate the directions, still not an accurate but you can use it as a basis when placing your position.
So trading with sports betting has something in common where we have to take more time to research from various sources. And that's why we need the ability to analyze data from where we find it to determine when to enter the market or place a bet. With these basics, we can place bets or know when to enter the market to increase the chances of getting profits. Perhaps, the results we get cannot be accurate, but at least we can predict what will happen and make a backup plan if the results of our analysis are wrong. And everything is a process that we have to face where learning to analyze or learning how the market moves will never end. We must continue to learn if we want to benefit.
hero member
Activity: 1540
Merit: 772
June 26, 2023, 01:22:37 PM
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Both are interested in me doing because the ultimate goal is to seek profit even though it contains the same big risk.
If I think about the risk that I will get on both of them I will not do it. Other people might think the same as me if they look at the risk factors.

I personally am more interested in playing in the casino.
There is a pleasure that I can find besides expecting money from a win.
Futures trading is too troublesome and boring in my opinion.
hero member
Activity: 1400
Merit: 674
June 26, 2023, 01:07:35 PM
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.


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.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 26, 2023, 12:09:58 PM
I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.

I'm not a gambling expert, but I sometimes bet on football. But that was when I didn't have much to do. That means I do it for entertainment only. So I don't think of making money from gambling. Then for futures trading. I've done that, I can even earn $100 dollars in one day. But in the end I was greedy and my capital was exhausted. Maybe this is due to the reason that I can't manage emotions. But from then on I quit futures trading. I currently trade a lot in the spot market only. Not bad but I measured my ability.
I agree that greed makes us lose a lot of money in gambling and futures trading. I also experience and feel what you feel, and it's really not good. But I reduced my activity in gambling and tried to learn to trade better, including learning to analyze market movements that are always changing. I prefer trading more often than gambling because I gain much more. So I think taking trading more seriously would give us a bigger chance to make a profit. Spot trading can also be a solution to make money, but having skills in trading is a must for a trader.

Taking more time to research all the things that you need before taking your trade or before positioning your trade, it's important to know all the aspects, though just by the same process, if you know more about the things that you are doing you can have some edge, it applies with sports betting and so with future trading, if you have that knowledge about the sports and you really paying attentions to all the factors that affects the outcome you can create good assumptions though not an accurate one but can have some little edge from those who don't have that knowledge,

Same process as future trade. If you focus on learning how the market moves, then you can anticipate the directions, still not an accurate but you can use it as a basis when placing your position.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 26, 2023, 10:52:05 AM
I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.

I'm not a gambling expert, but I sometimes bet on football. But that was when I didn't have much to do. That means I do it for entertainment only. So I don't think of making money from gambling. Then for futures trading. I've done that, I can even earn $100 dollars in one day. But in the end I was greedy and my capital was exhausted. Maybe this is due to the reason that I can't manage emotions. But from then on I quit futures trading. I currently trade a lot in the spot market only. Not bad but I measured my ability.
I agree that greed makes us lose a lot of money in gambling and futures trading. I also experience and feel what you feel, and it's really not good. But I reduced my activity in gambling and tried to learn to trade better, including learning to analyze market movements that are always changing. I prefer trading more often than gambling because I gain much more. So I think taking trading more seriously would give us a bigger chance to make a profit. Spot trading can also be a solution to make money, but having skills in trading is a must for a trader.
hero member
Activity: 3038
Merit: 617
June 26, 2023, 10:39:01 AM
I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.

I'm not a gambling expert, but I sometimes bet on football. But that was when I didn't have much to do. That means I do it for entertainment only. So I don't think of making money from gambling. Then for futures trading. I've done that, I can even earn $100 dollars in one day. But in the end I was greedy and my capital was exhausted. Maybe this is due to the reason that I can't manage emotions. But from then on I quit futures trading. I currently trade a lot in the spot market only. Not bad but I measured my ability.

So many had committed suicide after losing in the futures market. Probably not reported but there are some like the kid who lost all his money from Robinhood. But of course, there are also lots in gambling who end up homeless.

They are both that risky, both require more skills than just counting potential profit. It's easier to just try my luck on forex than on BTC futures at least the mt4 software they have is pretty stable than usingthe browser platform of exchanges.
hero member
Activity: 1400
Merit: 770
June 26, 2023, 07:00:10 AM
#99
I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.

I'm not a gambling expert, but I sometimes bet on football. But that was when I didn't have much to do. That means I do it for entertainment only. So I don't think of making money from gambling. Then for futures trading. I've done that, I can even earn $100 dollars in one day. But in the end I was greedy and my capital was exhausted. Maybe this is due to the reason that I can't manage emotions. But from then on I quit futures trading. I currently trade a lot in the spot market only. Not bad but I measured my ability.
legendary
Activity: 2058
Merit: 1015
June 26, 2023, 06:52:58 AM
#98
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?
Good topic. I chose to gamble because I lack the patience to learn to trade. It takes time to learn how to trade, but once I do, I'll take trading over gambling any day. I've always seen videos on TikTok of people making a lot of money in futures trading but also losing a lot of money, but the good news is that they're still in positive profit.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
June 26, 2023, 06:43:12 AM
#97
there are bettors who have really won a lot and have achieved excellent results with small investments same as trader that operates with futures.

betting in the casino and making money is practically impossible in the long run (and honestly without cheating).

I would make a comparison between the possibility of professional betting on a specific sport and futures trading...at a certain level/approach gambling and trading are two similar activities.
Yes, it's true it's a similar activity but the way it works is different even though both of them can make us rich and make us poor in a short time, still if I were asked to choose of course I prefer futures trading because we are still analyzing prices from crypto trading and it would be impossible for anyone to play that price, in contrast to gambling which could have been arranged to win the dealer.

I don't think that gambling is better than futures trading because until now I haven't found many users who do futures trading broke but what we mostly find are gamblers who are broke, that's why futures trading is much better than any kind of gambling despite the way they work and have the same risks.
hero member
Activity: 3038
Merit: 634
June 26, 2023, 06:12:43 AM
#96
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Well, this is like always the topics about unending futures and gambling. Both can be done at work so if my preference, I'll go with trading because it's got some calm way of gaining through spot and if I want to get some quicker way then futures is there.

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?
About it being risky, I'd say that it relies on the type of game you'll choose in gambling. Like if you're in sports betting, that's easier than futures trading.
hero member
Activity: 1974
Merit: 534
June 26, 2023, 06:07:23 AM
#95
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 traded futures in the past and I find that gambling suits me personally better. There are quite a few differences between futures trading and gambling in a casino. First of all the risk is much higher in the futures market, because we can lose more money than we actually invest. In a casino we can only lose the money we have, there is no leverage, once our walletis empty there is no more active bet. When trading futures we have to put money in a margin account and our actual trading size is much larger, which can lead to higher losses. Once our money in the margin account is gone we will have to put more money. That's why I prefer to play in casinos, I know the games before and my chances of winning. Also I don't think someone who is good at gambling will be good at futures trading from the starts. The two need different skill sets and people should train for it.
hero member
Activity: 1666
Merit: 629
June 26, 2023, 05:37:34 AM
#94
Indeed, I see your effort to differentiate gambling and trading, but your analogy feels too simplistic. The subtleties of both actions are more than just a split of fun versus profit. Ponder the aspect of risk control. Gambling's risk is purely monetary - the stake. In trading, particularly futures, risk management becomes multifaceted. Traders must consider things like market shifts, liquidity, and margin requirements. They're taking calculated steps based on multiple variables, unlike gamblers who are mostly luck-dependent.

Consequently, to label trading as merely a "risky profit" method is a vast oversimplification. Responsible trading is a complex task, involving study, competence, and strategic insight - a disciplined endeavor that distances it from the erratic nature of gambling.

If you examine my comment more carefully you can see that I have stated in a very simplified way what trading is but mainly informing about futures. So, although I have explained the definition of trading very simply the phrase "risky profit" that I have mentioned here is used to emphasize futures. So, basically what I want to tell here is that trading is a method of earning with various difficulties and factors to be followed but futures are increase the risks that may arise from trading.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
June 26, 2023, 05:19:18 AM
#93
...at a certain level/approach gambling and trading are two similar activities.

I totally agree and I have it in my recent posts I just don't believe that you can make money on gambling on a continuous basis or make it a goal.

You'll get busted and your expectation crumbles if you play to make money, whereas in trading the probability is always there, there are traders who can boast that they can make money and even made huge money and they got it based on their experience and skill, its hard to do that on gambling, even if you have a plan it's still 50/50 that it's going to work.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
June 25, 2023, 04:09:24 PM
#92
Quote
Would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

In order to give a clear answer to this question, the person must first decide whether his or her purpose is to make money or have fun. Although both methods of comparison are quite risky and they are certainly not the same thing. Gambling is a form of entertainment rather than a way of earning but trading is a way of earning. It is not necessary to have knowledge and experience to gamble and it will only be enough to solve the working principle of the game to be played. But trading requires knowledge and experience. Also wants to do research and learn up-to-date information about the financial product you will be trading.

When it comes to trading futures, it would not be right to say that it is a gamble because futures potentially increase the risks of trading. So, trading futures is a risky way of earning but it's not exactly a gamble.

In summary, gambling is a form of entertainment, trading is a way of earning and trading with futures is a very risky way of earning. For this reason, you are comparing two different things and a direct comparison of the two would not be very accurate.
Indeed, I see your effort to differentiate gambling and trading, but your analogy feels too simplistic. The subtleties of both actions are more than just a split of fun versus profit. Ponder the aspect of risk control. Gambling's risk is purely monetary - the stake. In trading, particularly futures, risk management becomes multifaceted. Traders must consider things like market shifts, liquidity, and margin requirements. They're taking calculated steps based on multiple variables, unlike gamblers who are mostly luck-dependent.

Consequently, to label trading as merely a "risky profit" method is a vast oversimplification. Responsible trading is a complex task, involving study, competence, and strategic insight - a disciplined endeavor that distances it from the erratic nature of gambling.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 25, 2023, 12:22:26 PM
#91

Not everyone can brave risking on futures trading while the market is very much unpredictable. Gamble is more predictable and the result is always losing  Grin

Seriously, both has risk. The problem with futures trading is that traders also lose all the time. You will need to lose thousands first before you lose everything and learn. In gambling, you can alreadyprofit when your lucky.
If there is a possibility of liquidation in case of futures trading then you can add more deposits to reduce the amount of liquidation. And later when you get profit then you can avoid future trading with stop loss.
But if you place a bet in gambling and you know that you are going to lose for sure but at that time you cannot withdraw your bet. As a result, what you bet in gambling will be lost forever.

There's a feature in gambling if you are into sports betting a cash out option but inside a luck based gambling, then it's true that there's nothing you can do if you anticipate that your bet is already in a losing side, unlike with future trade you can minimize if you are focusing with the daily or hourly market movements,.

You can change it up and you can adjust to the possibility that you'll be able to recover in case in your first position the market
went in another direction. You can do stop-loss and then re-position yourself.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
June 25, 2023, 12:02:35 PM
#90
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?

Futures trading is gambling for traders. For regular gamblers, its not really fun.

But with futures trading it feels like you are in control because you somehow think you can predict price movements or market sentiment. Just like with day trading. But the danger in the first kind of trading is that you can get liquidated, aka lose all your coins. With regular daytrading you might have less than you started with but you will not lose all your money just because of a single bad market movement.

Either way you are 99% not going to be making money with futures trading nor with daytrading, in the long run. Prices have too much volatility to be considered profitable trading. You get liquidated eventually.

hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
June 25, 2023, 11:55:55 AM
#89
The thing is EASIER. And in futures trading, it won't be easy because you have to learn many things technical analysis, psychology, and such. It will take you a lot of patience and discipline to be a profitable one. So if you want an easy route, then go for gambling. Both will absolutely give you an insurmountable amount of money if you do it right. Both have risks but different levels of difficulty. One requires luck while the other requires you more skill. It's just a matter of what risk are you willing to tolerate.
are you sure you give advice to gamble? on the other hand you already realize that gambling is all about luck.
trading we do have to have skills but at least be able to overcome losses not too much compared to gambling which will definitely lose because of the house edge and luck will not come every time or every day.

and you have to remember luck with these skills is very different.
Pages:
Jump to: