Between futures trading and gambling - page 17.

Yatsan

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Quote from: AbuBhakar on June 23, 2023, 10:51:48 AM

Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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?

The purpose should be established first before dealing both futures trading and gambling. Gamblers playing gambling to have fun in the form of profit while traders are trading just to have profit and not for fun. You will enjoy gambling because it’s a for of entertainment while trading is a financial tool to get profit.

Both are risky but this 2 activities is far different and can’t compared to each other since they have different purposed of use.

Entertainment and satifsaction are indeed factors of distinction for trading and gambling. It is just the idea of earning profit which is being emphasized to both of these activities, which formed parallelism, but also with other activities such as investment. When it comes on futures trading and gambling, indeed luck would be a factor to both. Butbin futures, there's a pattern wherein people can rely on, even if it is not 100% accurate in some cases but that's because of volatility. In gambling, stats of fighters or players could be used as basis but the outcome is just hard to predict.

Knowledge contributes to winning tendency in futures trading while in gambling,knowledge about the teams or players could only be used as a reference but not with a futuristic approach.

Josefjix

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yes

Quote from: len01 on June 23, 2023, 10:26:45 AM

simple answer from my own experience.
I will be involved in both in my life because I need the entertainment from gambling and I also need to profit from futures trading. for me if gambling is used as a place to make a profit it is a wrong thought because gambling will not let its customers get profits every day and only professionals can do it.
while futures trading we don't compete against anyone but only technical strategies that we have to master to get profits so we don't need luck to get income from trading.

We choose the options that will work best with our plans rather than rushing into something that would not be beneficial to us and lead us to lose an enormous amount of money. They both play a significant role in the effort to live a better life. Gambling can result in huge losses if the odds are not well managed, but it also generate profits, trading is more legitimate and can be a reliable source of revenue. Although leverage allows for overnight huge winnings, trading futures is one of the fundamental, reliable ways to avoid short profits and losses.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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?

The purpose should be established first before dealing both futures trading and gambling. Gamblers playing gambling to have fun in the form of profit while traders are trading just to have profit and not for fun. You will enjoy gambling because it’s a for of entertainment while trading is a financial tool to get profit.

Both are risky but this 2 activities is far different and can’t compared to each other since they have different purposed of use.

cabron

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If you have patience and money to survive waiting for the bull run, investing would be better but if you are talking about futures trading then that's very different from just spot. While you can definitely make money in futures trading, it may just be difficult to do when this market is too unpredictable that a bullish market can be very bearish the next hour.

When the unpredictability of the market is one factor that makes your trading unprofitable, just leave it to the pros. Let's just try our luck somewhere like sports betting or lottery.

Twentyonepaylots

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The only thing which binds gambling into futures trading, is risk of losing money. But the truth is, trading would only be a gamble if you won't have any trading plan. Indeed anakyses won't guarantee a winning trade but atleast it would allow you to lessen the risk of losing and at the same time would help you manage the amoubt you would be engaging. Gambling is indeed somewhat alike but the distinct characteristic I guess is that in trading, there are more people who win in comparison with people who win in gambling.

Quote from: danherbias07 on June 23, 2023, 07:34:56 AM

Luck versus Knowledge. It's like you want us to compare the two. And we all know the answer to that.

Best representation.
But unlike with gambling, there's a period wherein most of the people in trading industry are winning;bullrun. And such feature does not exist in gambling. However I won't blame those who still thinks that these two are the same. There are even different ways to earn in this industry, in the first place.

len01

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simple answer from my own experience.
I will be involved in both in my life because I need the entertainment from gambling and I also need to profit from futures trading. for me if gambling is used as a place to make a profit it is a wrong thought because gambling will not let its customers get profits every day and only professionals can do it.
while futures trading we don't compete against anyone but only technical strategies that we have to master to get profits so we don't need luck to get income from trading.

Frankolala

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Gambling is done for fun and trading to make profit. It is only those that are greedy that think gambling is done for profit. Trading needs experience and skills,if you know the technical analysis,market analysis and sentimental analysis,you can become a good trader and hardly make loss. I know of a trader that survives with trader and makes profit from it daily.

On the other hand,gambling is more risky than trading because it involves more of luck than skill in an online casino. You can never use gambling as a means of living because it is unpredictable and the house edge will always win.

The bottom line of it is that, I would prefer trading to gambling because I think that making money is better than having fun.

danherbias07

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Luck versus Knowledge. It's like you want us to compare the two. And we all know the answer to that.

Anyway, I'd prefer trading if ever given a chance to have capital so enormous that it can really be life-changing. But for now, I am just using what I can afford to lose. Gambling is a hobby, there's no such thing as making profits out of it guaranteed either in short-term or long-term. It can be similar to trading in a way, but in gambling, there is no such thing as an analytical point of view. You cannot tell the dice will roll for you the next time by using its history. It doesn't work that way.

I'd prefer the horror of learning trading that the horror of losing a lot of money by gambling it in a way like we are trying to make it a daily job. There's no assurance to it.

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I see both as a gamble. After all, one of them is gambling. But I see both as a gamble. I have a lot of friends who lost all their money in futures trading. They all lost all their money at the end of the day, even though they claimed to have made fine calculations. I don't know anyone who gets rich with futures trading. Well, I don't know anyone who gets rich by gambling. But if I compare sports betting with futures trading, I can say that sports betting is more predictable. In fact, neither meets my wealth goal. Futures trading is the most dangerous thing in my opinion. And I gamble only for fun. But in the end, my choice between these two options would be to bet on sports events.

Taskford

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 AM

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?

Just do both if you can afford to do it since the enjoyment factor is different between those two options. If someone call it the same maybe they doesn't know what they are talking about. If you ask about what is more riskier then both if you are not careful on what you are doing on both platforms. But if you are skilled on trading and doing daily market analysis well a big chance that you can earn trading with different market conditions. Also with gambling if you are not greedy there still possibilities that you can earn and also have fun playing those games.

Mr. Magkaisa

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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?

- They are both dangerous sources of money, they can also provide a large income if you are really lucky, that's why luck often happens just by gambling because there is no such thing as luck in futures trading.

But if somehow you have a decent income every day, of course it is better and better in futures trading although it is opposite to spot trading, but in terms of income you can really get something here compared to gambling here in the crypto space.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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?

Earning money consistently is more guaranteed in future trading than gambling, however the rigorous journey to becoming a successful future trader will always discourage newbies who do wanted quick money to get involve in it, future trading is the riskiest form of trading and for a trader to have an edge over the market such a trader must have undergone a thorough learning process of skills and knowledge acquisition required to become profitable trader, this is based on my own personal experience because I had once switch over to future trading and unfortunately I had a sad experience of account liquidation, however with some little knowledge a gambler can have a mixed result i.e losses and wins.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 AM

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?

Well, I think that futures may also be somewhat considered as a gamble; however, generally, it is not a form of gambling. Futures trading mostly depends on the skills you have. On the other hand, most gambling games rely solely on luck.

For me, it is easier to gamble than to engage in futures trading. However, we do not have good odds here compared to futures trading, since gambling is based on chance. Moreover, it is important to be reminded that there is a house edge over the player, which decreases the chance of making a profit

Gozie51

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I think gambling is perceived as "an easy way out " but whether this is met is subjective. The reason for that phrase is that gambling requires little or no training, the most of training for gambling is to know how to bet and whether what you bet is going to be successful or not depends on your luck. That is, gambling is a lucky game. On the other part to trading, I have heard people talk of professional trade or trader and if there is anything of such name professional, that means there are amateurs. It means trading is knowledge based and the height of it which is futures requires high level of training, knowledge and experience to be successful.

Both gambling and futures trading are risky in their nature but if knowledge is required and not just luck it means the risk for futures trading can be reduced if proper training is adopted.

Quote from: X-ray on June 23, 2023, 02:08:24 AM

Futures unlike gambling. The main thing in future must be consistency. The more money you put in the future and the more profit you will get.

I think this allusion will be for both gambling and futures trading because in gambling you can increase your staking power for greater profit and for two different bettors who use different staking money, they won't be rewarded with the same potential profit. However for futures trading, I would think even with smaller capital, you can be building it gradually until the capital increase.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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 think both of them usually are the same thing and I know many people will disagree claiming that in future trading you have more chances of winning.I would say to these persons that it is the same as both in gambling and future trading,predicting the future is involved which is not a consistent way to make money as when we gamble we win 1 time and lose 100 times thus to relate to the future predicting,we predict it right one time and we predict wrong another 100 times,not much difference in my opinion between the two except that you can easily make more people come to trading than you can make them come to gambling,meaning trading is not seen as bad as gambling.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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?

Learning about trading is quite difficult and the comparison with activities that do not require special knowledge is unbalanced, you have to compare trading with other things that are the same or the difficulty is not much different and both can make money if you understand it.
Gamblers will of course prefer to gamble but do not rule out the possibility that gamblers are also traders who use gambling activities as a way to release boredom, which will be a question of which of the two activities they engage in first.

Quote from: Crypt0Gore on June 23, 2023, 01:29:06 AM

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 both are at risk especially if you do futures trading without proper knowledge, but if futures trade is done with sufficient knowledge then this is much better than gambling, but gambling will still be more fun even though you often experience defeat

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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 think I have both but won't say that I'm that experience already especially when it comes to sports betting, I mean I'm still learning and I think there are strats out there to learn for but I'm still grasping. I think both are risky and they can give life-changing opportunity but it requires usually time and experience and it doesn't give you all that overnight. Moreover, I think trading is a skill to learn if you want a less riskier endeavor if you know how to plan and have always stop-loss at hand. Just don't go all-in on both.

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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.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 AM

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

Personally, I would rather play in a casino and make some money, although there is a big risk not making one. For trading you need to have that knowledge and it will take sometime for you to learn and they you have to sit in front of your computer. So it's a complicated thing as compare to simply gambling.

Quote from: Crypt0Gore on June 23, 2023, 01:29:06 AM

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?

Both can give you life changing money. But I think gambling might be the easier to do that for you. Winning big jackpot in a casino or maybe if you try lottery and hit it, then that is going to be a big windfall.

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Quote from: Crypt0Gore on June 23, 2023, 01:29:06 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?

Gambling doesn't require that much knowledge, so for sure majority will simply prefer gambling over futures trading. Unless you yourself have the tools and understanding on how trading works, then you can go either world and play with your money and see how it goes for you.

So for me, easy answer is gambling, landbase or online will be a great experience. I used to play a lot on traditional based casinos but since the advent of covid-19 and everyone is playing home, then online for me now.

Topic: Between futures trading and gambling - page 17. (Read 1859 times)