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Topic: Between futures trading and gambling - page 14. (Read 1870 times)

legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
June 25, 2023, 10:24:45 AM
#88
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.
hero member
Activity: 3038
Merit: 617
June 25, 2023, 10:22:18 AM
#87

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.

Traders has the option to not lose actually and thats to just be on the spot market. Its the only way to avoid hitting the stoploss limit or some margin call. Depositing more is just feeding the loss, you can only do this if you are sure that in the next few hours the market trend will go your way. Otherwise Just exit the position.

If OP is stuck which is which that he would go, he'll find comfort in doing both gambling and trading in binary trading options.
hero member
Activity: 2926
Merit: 567
June 25, 2023, 10:10:58 AM
#86


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

Even if I choose to make money at the casino it's not going to be possible, because the house edge will always beat you and even if it's sports betting there's no guarantee of making money, you can make money on trading provided that you have the time and the motivation, so between the two trading is preferable.  

Quote
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?

Between the two trading is less risky, you can minimize your losses compared to gambling you can lose everything, both options involved emotions, but I find emotions in gambling hard to manage or control which is why so many gamblers are prone to chasing their losses.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
June 25, 2023, 09:41:42 AM
#85
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?

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.
LDL
hero member
Activity: 742
Merit: 671
June 25, 2023, 07:42:16 AM
#84

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.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
June 25, 2023, 03:09:49 AM
#83
In my opinion, both are risky. And actually the two may be almost similar when we are not really good at analyzing the market and trading futures. In this case, there are several important things that must be understood and mastered before doing futures trading, because after all we can easily lose our money like when gambling. so, we don't just rely on luck, but indeed the expertise to trade in the future. Personally, to be honest neither of them are for regular activities.
You are right, but gambling and trading are both risky. Trading requires learning and experience and ability to stay on the rules, to focus and be disciplined against emotion just like what gamblers have to do to minimize losses, because if not, it is very risky like gambling too and the loss can even be more than gambling. Both needed discipline. But in making money, I can not consider gambling as one, it should only be taken for fun, but I can still try all my best to use trading to make money. In the process of using trading to make money, it becomes a problem for many traders and they lose just like in gambling or more than while gambling. But both of them can be a regular activity if you know what you are doing. But instead for some people to become addicted, it is better not to make any a regular activity just like you said.
hero member
Activity: 1652
Merit: 521
Leading Crypto Sports Betting & Casino Platform
June 24, 2023, 10:27:56 PM
#82
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.
hero member
Activity: 1666
Merit: 629
June 24, 2023, 09:30:35 PM
#81
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.
hero member
Activity: 2268
Merit: 789
June 24, 2023, 06:25:43 PM
#80
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?

Interesting question- both trading and gambling are risky ventures on itself but they provide a possibility of getting significant high amounts of profit.

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

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

If you are chasing for profit, it is almost impossible to profit in gambling due to its nature. Sure, every now and then a person may experience a profitable day in gambling but the results cannot be consistent as you are dealing with odds.

In trading, while it may be risky, experience teaches you a long-way. The more you trade, the more knowledge and experience you gain from the process which makes a person expert in this field. There are lots of possibilities to lower the chances of a person failing on a trade as there are also devices for emergency purposes.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
June 24, 2023, 04:58:52 PM
#79
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?
In my opinion, both are risky. And actually the two may be almost similar when we are not really good at analyzing the market and trading futures. In this case, there are several important things that must be understood and mastered before doing futures trading, because after all we can easily lose our money like when gambling. so, we don't just rely on luck, but indeed the expertise to trade in the future. Personally, to be honest neither of them are for regular activities.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 24, 2023, 04:37:02 PM
#78
Trading and gambling have many similarities but the differences vary depending on the person. Gambling is mostly about luck but the same factor has less percentage effect on the futures trading. Ofc, the risks are there on both options but you have to be able to learn trading skills to manage the account, unlike gambling. Gamblers usually don't have proper money management mechanisms but experienced traders can manage balance very well to avoid bad results. Just my 2 cents.
full member
Activity: 2086
Merit: 193
June 24, 2023, 04:06:36 PM
#77
In gambling, we must know that the house always has the advantage and always wins. And gambling activities you can easily lose money even in an instant, and although there are some who win or gain, most lose.
but in trading, the market does not consistently appreciate or depreciate over time. And this means that in the long run, the odds will be in the trade's favor. And I prefer to trade and gamble just for fun, which I do in my spare time.
This has been the main idea that we should not forget about gambling ang yes we know how this thing works and with trading your chance of making profit are higher compare to gambling. Though futures are too risky since you are trading beyond your actual capital and this can be consider as gambling as well once you trade without proper knowledge. I do trading and I’m more serious on this compare to gambling and I prefer this the most.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
June 24, 2023, 04:06:30 PM
#76
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 thought you would ask if future trading is the same as gambling or if they're different and that's what I was prepared to answer but for your question I'll choose future trading over gambling. Future trading and the normal trading are the same thing just that you risk more with future trading.

If you're a trader that has experience with the normal spot market that everybody knows, if you put interest in learning how to trade future market, you'll understand it quickly and can start making profit but gambling is always game of chance, you'll always need luck to win.

Both gambling and future trading can give you life changing money and they can also cause you life destroying losses when you don't know how to manage your risks. Nothing can be done when you over bet with large capital but when trading you can always use stop loss to reduce losses.
legendary
Activity: 2534
Merit: 1338
June 24, 2023, 01:47:46 PM
#75
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?
When it comes to making money I do not like either one of those two options, I like gambling as a form of entertainment and I think of it exclusively in this way, however while futures trading is a way of making money, the risks that you need to take are simply too high for my tastes, and if the majority of the traders already lose their money with spot trading, this is many times worse when it comes to futures trading.
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro
June 24, 2023, 12:57:38 PM
#74
Futures trading and gambling are not the same thing dude. Yes, but without knowing any knowledge about trading, if you go directly to trading with the hope of some profit then I will call it gambling. But basically the two are not the same , In gmabling the main factors is luck, and in future trading depending on your analysis skill, how much profit or loss are you going to get.
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 think you are conflating these two things, I think a person can do both gambling and futures trading together because the two things are different. He can earn by trading futures and gamble for entertainment. So here I left the question of where to choose and what will be easier.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
June 24, 2023, 12:35:15 PM
#73
In gambling, we must know that the house always has the advantage and always wins. And gambling activities you can easily lose money even in an instant, and although there are some who win or gain, most lose.
but in trading, the market does not consistently appreciate or depreciate over time. And this means that in the long run, the odds will be in the trade's favor. And I prefer to trade and gamble just for fun, which I do in my spare time.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
June 24, 2023, 11:57:45 AM
#72
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 get that you can alsp gamble with the prospect of profit in mind but I must say, no sane human being would do it for that very reason, as gambling for profit is a death wish and a nasty trap that will force you to spiral down to addiction.

On the other hand you trade in futures for the sole purpose of profit. And unlike gambling which takes little to no skill to learn and do, futures trading is a high-skill ceiling craft that takes some people even years to just he decent in it. I don’t personally do futures since I’ve seen stories of people losing all their hard-earned assets to liquidation, but at the same time between gambling and trading futures, I’d choose the latter any day.
hero member
Activity: 3038
Merit: 617
June 24, 2023, 11:52:00 AM
#71
Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it
Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.
Future trading can make you rich, but the same way it can make you poor, and the instance that you are giving might even make you poor easily,  most especially for people using the kind of leverage which you recommended above, using 75x is really risky, any slight mistake in your analysis, then you are going to be liquidated, i know the high reward in future trading is one of the things that's always pushing people to trade future, if you are trying to trade futures and you want to reduce your risk, then make use of low leverage, and if you are using low leverage, then your profit will also be low.

It's a double edge sword, you could win big when you chose higher leverage but this is also the ones that get you liquidated in no time when all of a sudden the market positions against your trade. It's a gamble on your analysis.

If you wanna gamble with market analysis, I think the binary option is really a good alternative for guys with such personalities. I don't see a good platform for it though. No developers are willing to develop anymore. Traders as just too good at predicting market direction, and binary options website loses more.

hero member
Activity: 1484
Merit: 928
June 24, 2023, 11:28:43 AM
#70
Trading just like gambling will involve emotional fear and decision at least for the reason that they both involve the possibility of losing your money if it doesn't go your way. This is sure because money is the primary focus here in both and a trader or gambler fight to secure the money and to increase it
Yes but gambling is more riskier than trading because whatever you do there is no stop loss or dca that you can do to prevent larger loss, in gambling you just sometimes need to rely in your luck or strategies you have been done before. But I agree there's no such big difference among these two, but futures can make you instantly rich if you will increase it in 75x cross but in another way you can also be poor instantly when things go dip.
Future trading can make you rich, but the same way it can make you poor, and the instance that you are giving might even make you poor easily,  most especially for people using the kind of leverage which you recommended above, using 75x is really risky, any slight mistake in your analysis, then you are going to be liquidated, i know the high reward in future trading is one of the things that's always pushing people to trade future, if you are trying to trade futures and you want to reduce your risk, then make use of low leverage, and if you are using low leverage, then your profit will also be low.
full member
Activity: 1358
Merit: 207
Catalog Websites
June 24, 2023, 10:54:49 AM
#69
I will prefer future trading because, it will make you to earn so much money than a gambler who don't know when he or she will earn from gambling. Once you achieved trading skills in an organizations, very easy for you to start making money that will help you to open many businesses that will be bringing income to you and it will make you wealthy. There are many people who sold their prosperities to gamble, but they ended up in regret by looking for way to take their life because they don't know how to explain it that will make people to believe, but if you use that kind of money to trade cryptocurrencies , it will be difficult to regret in future.
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