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Topic: Between futures trading and gambling - page 2. (Read 1870 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
August 15, 2023, 07:46:31 AM
And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.
I see a significant distinction between spot trading and gambling. In my opinion, spot trading leans more towards investing than trading. There's a famous saying: 'You don't lose if you don't sell,' illustrating the concept of being a strong holder  Grin. And this approach isn't applicable to future trading or gambling."
If we talk about spot or futures trading and gambling, the risk of losing both is the same as being able to lose money quickly runs out, the only difference is that futures trading can make more profits and profits while gambling is difficult to get wins let alone profits, on average if I collect gamblers and traders feel the winning ratio of futures trading is more favorable than gambling. because I've tried to do it.

There is a difference in spot trading and futures trading, futures trading can lose money quickly the same as gambling, spot trading we are enough to be the strongest holder to get profits but as I said above that futures trading still has the possibility of getting a win compared to gambling. I've lost money fast in futures trading almost -90% sometimes I can get +300% profit
hero member
Activity: 2366
Merit: 594
August 15, 2023, 07:23:06 AM
Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space.

No matter how much I tried to achieve at least some significant results in betting, I didn’t succeed, but in trading everything is different, to tell the truth, trading on the spot and not on the futures, so the risks are much lower. And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.

The only difference is knowledge. In trading, no matter if it is spot or futures, as long as you are knowledgeable and have a proven strategy, you have a high percentage of winning your entries, and if you lose, you know why, unlike in gambling, where you don't know why you lose even if your prediction seems right, like in sports betting, where you thought that the stronger team would win, but not all the time, so you've lost that time. In gambling, it is really a mix of luck and strategy, but in trading, it is your skills that will make you win.
full member
Activity: 504
Merit: 144
August 15, 2023, 07:04:38 AM

If you know how to do a TA, then apply it to that context of the OP, they are two totally different areas, the only thing that brings them closer in comparison is the risk.

It's like comparing water polo to football.

I believe that the risk in trading or gambling is equal if you lack strategies or skills. Therefore, the key point I'd like to discuss is that we can apply many established skills to trading, more so than gambling, which leads to a higher probability of success. As a result, we have more famous traders than gamblers.

And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.
I see a significant distinction between spot trading and gambling. In my opinion, spot trading leans more towards investing than trading. There's a famous saying: 'You don't lose if you don't sell,' illustrating the concept of being a strong holder  Grin. And this approach isn't applicable to future trading or gambling."
sr. member
Activity: 1484
Merit: 323
August 15, 2023, 06:59:31 AM

I would choose trading over gambling without any doubt, by some means I still have control over the outcome of my trading compare to gambling. But of course, trading requires research and knowledge, unlike gambling that does not require that much expertise and somehow only rely on pure luck.

Of course, both are risky, there is no certainty in gambling because you cannot predict the outcome. The same as in trading, markets are volatile and changes overtime but with right knowledge and experience there's a high possibility that you will succeed. So, I would say that gambling is more riskier than trading.

 
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.

I completely agree on this one. Trading can actually be a full-time career opportunity and I know some people who generate huge amount of income. On the other hand, I don't really see gambling as something that we should rely on to earn a living. For fun and entertainment, yes it can be, but being dependent to it to earn a living is a big no.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 15, 2023, 05:46:58 AM
Well, first of all, i think its even out of sense to compare trading to gambling, this is because gambling as i believe we all know if not a profession, but more of something to have fun and pass time with, trading on the other hand is a profession, a very good one at that, there are many professional traders who make a lot of money on daily basis, they have nothing else doing aside trading, and with that, they are living large, have good family, live in a big house, driving good car, eating good food, wearing good clothes and so on, trading is a noble profession which any body can be proud of any where he or she goes.

But for gambling, gambling is not a profession, and for someone who tag him or herself as a professional gambler, he or she must have other chains of businesses that is bringing money, else, he or she would live a very frustrating and stress filled life, gambling should only be done for fun and never be taken as a profession cus it can never be one, except for those that build and run gambling casinos.
Indeed, gambling and trading are different. Trading can be a job if one is serious about learning the details of trading. Meanwhile, gambling is only for entertainment so it cannot be used as a job because we will only experience many defeats if we try it. And although some people do manage to earn money from gambling, they probably won't be able to earn it as often because gambling is really just for fun and not to make money.

We should be able to decide never to use gambling as a job and better find another job. And if we are also struggling to make trading a job, we can find a job that we can do. And we have to choose it and don't look at what other people are doing because maybe it won't suit us if we do it too.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.
Trading is not as easy as it sounds because before we decide to trade, we must be able to learn more about trading and practice it. Without practising it, we will not have enough ability to benefit. And many have tried to learn to trade but they haven't been able to make a profit and have finally given up and instead relied on trading signals from other people.

Gambling is only for entertainment and if anyone wants to try to make money from gambling, they better not try it because the result will not be what they envisioned. Gambling as an entertainment will not be a source of income and it is different from trading because by learning to trade even better, they can make a profit.
sr. member
Activity: 2296
Merit: 348
August 15, 2023, 03:50:40 AM
Why not both?

If someone is interested in both trading and gambling, they don't have to choose which one is better.

Obviously the goal of trading is to make money, while gambling is for entertainment, both of them have a different purpose. But if he can make money in trading and allocating some money for gambling, it's not a problem.
That's basically how people should think about this, trade with your capital every day and have a fixed budget out from the profit you make from trading to gamble whenever you feel like it. What's unfortunate is that a lot of people take gambling as a way to earn money, I know it's a crazy thing to think about gambling knowing that casinos are businesses for their owners and they aren't created to provide for us people still avoid these things and gamble for money.

However, those who understand the essence of trading and take gambling as a way to get entertained will basically enjoy their lives more because they will be earning money through trading and spending a small part of it on gambling when they feel stressed out or tired by watching charts and stuff for so long.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
August 15, 2023, 02:39:00 AM
Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space.

No matter how much I tried to achieve at least some significant results in betting, I didn’t succeed, but in trading everything is different, to tell the truth, trading on the spot and not on the futures, so the risks are much lower. And it’s hard for me to somehow compare spot trading and gambling, these are too different things. The fundamental difference is that gambling is for fun, while trading is, in a sense, work.
hero member
Activity: 1148
Merit: 518
August 15, 2023, 01:24:23 AM
I prefer trading over gambling as a means to make money. The level of access is easier, and there are fewer legal risks. We can engage in trading anywhere and anytime, as long as we have smartphones and internet access.
Trading is thought to be more sophisticated than gambling, which only requires acquaintance with the system and basic knowledge of how to play at casinos and clubs. Trading, on the other hand, necessitates the creation of adequate time for research and knowledge of the essential sectors expanding across the space. They both have the same positive and negative results. The only way to ensure our own well-being is to stay on the winning side, which will trigger and motivate us to gain favorable points from the system. Both are available, and we may place bets on games classified as online gambling using only our smartphones.
hero member
Activity: 1470
Merit: 790
ARTS & Crypto
August 14, 2023, 11:51:55 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?

It seems to me that it is not very correct to compare these two classes since their principles are different. The fact is that I have not heard about the dependence on trading, perhaps in it the influence of luck is not as strong as in gambling, and therefore there is no such excitement. In trading, much more depends on your skills than in a casino (in poker and other cards, of course, a lot depends on the player). Yes, traders sometimes do not know the measure, and everyone has heard about those unfortunate people who ruined themselves during the strong falls of stocks, but I repeat that the phenomenon of dependence here is far from the same as in gambling.
sr. member
Activity: 1106
Merit: 391
August 14, 2023, 11:27:58 PM
I prefer trading over gambling as a means to make money. The level of access is easier, and there are fewer legal risks. We can engage in trading anywhere and anytime, as long as we have smartphones and internet access.

Talking about ease of access, actually gambling is much easier to access than trading. Because trading requires analysis, tools, and so on, and I think devices like smartphones are small enough to be used for trading, at least you need to use a tablet, and you can't trade anywhere, because you need concentration and a quiet place.
As for gambling, with only a few dollars and a smartphone you can access many games directly and this can be done anywhere and in any situation. And you don't need KYC or anything, you can directly deposit with crypto and play on your device.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 10:59:27 PM
In my opinion, trading is best option because through trading we shall become expert. In future, people will show trust on us and they will give us money to invest and make 50-50 percent profit. In this way, we can invest other money and can get a huge profit  because every person investment plans are different. Some people can invest 100000$ but they don't have skills, in this way we can help these persons and we can make a huge profit. If we have skills, we can invest own money and can get good return on investment. But in case of gambling this is not possible, there is no learning, no skills and no experience. One day you can win and will be king and next day you will be on road, if you lose.
You are very sure that trading will provide profit especially if you are an expert, and in that way intend to provide opportunities for other people who want to put their funds in you with a 50-50 profit share, even though nothing is certain in trading even though you are an expert, you will still have the opportunity to experience losses and when you experience a loss people who put their money in you certainly won't like it and usually people who are willing to put their money in other people because they think they will get a definite profit and really don't understand what trading is. So trading is no less risky than gambling so you have to be aware of that and always use money you can afford to lose.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 10:56:56 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?
To differentiate between gambling and futures trading I would consider both risky. Because when I gamble for income in a casino there is a lot of risk if I bet. Most of the time when betting in the casino it is possible to win a few bets but then most of the time the bet is lost. And many times in casinos, if someone wins big money, he becomes a big man and can change his life. On the other hand I think futures trade is more risky because when a person starts trading futures there is more chance of losing money. But not as risky as it is in risky gambling, it is often seen that if money is likely to be lost, it can be recovered by losing some money. Again, many times it is seen that a lot of money can be gained by trading futures, so the difference here is that when there is a possibility of liquidation in futures, if there is more money added, it reduces the risk of losing money. In that case I think Futures trade is a bit different as there is hope of some money in futures trading but all money is lost if you bet on the casino platform.

It is okay for your gambling to be systematized as you do on trading, but you cannot put our gambling practices into your trading. Otherwise, you're doomed to lose. Because in trading, there is a professional standard that you have to meet to become profitable. You get to follow rules, you get to heck your psychology, and maintain and regularly check if your strategy is still working. Unlike in gambling, you just need to bet. Let the luck play it's role on your gambling.

Both have immense risk One wrong click. One wrong type or added zero, you're likely  to lose all your money.
sr. member
Activity: 700
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🎗️🍁🎭
August 14, 2023, 09:24:44 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?
To differentiate between gambling and futures trading I would consider both risky. Because when I gamble for income in a casino there is a lot of risk if I bet. Most of the time when betting in the casino it is possible to win a few bets but then most of the time the bet is lost. And many times in casinos, if someone wins big money, he becomes a big man and can change his life. On the other hand I think futures trade is more risky because when a person starts trading futures there is more chance of losing money. But not as risky as it is in risky gambling, it is often seen that if money is likely to be lost, it can be recovered by losing some money. Again, many times it is seen that a lot of money can be gained by trading futures, so the difference here is that when there is a possibility of liquidation in futures, if there is more money added, it reduces the risk of losing money. In that case I think Futures trade is a bit different as there is hope of some money in futures trading but all money is lost if you bet on the casino platform.
sr. member
Activity: 462
Merit: 328
August 14, 2023, 02:48:27 PM
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.
In my opinion, trading is best option because through trading we shall become expert. In future, people will show trust on us and they will give us money to invest and make 50-50 percent profit. In this way, we can invest other money and can get a huge profit  because every person investment plans are different. Some people can invest 100000$ but they don't have skills, in this way we can help these persons and we can make a huge profit. If we have skills, we can invest own money and can get good return on investment. But in case of gambling this is not possible, there is no learning, no skills and no experience. One day you can win and will be king and next day you will be on road, if you lose.
legendary
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Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 05:30:01 AM
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.

Logically right, it's not easy for it is but if you take time to learn more about what influence or what are the factors that impact the market then future trading may give you some decent profits, though same concept with gambling mostly with sports betting where you can also research what are the things that might impact the possible outcome of the game before placing your bet.

Opinion base for me, it's either you choose future trade or gambling in taking the risk and have that time to continue studying the market of your chose to make some good patterns and strategy that may give you extra edge and possible positive income.
legendary
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Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 04:07:59 AM
I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.
I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).


People who were doing futures were also always sharing their won. The problem if you didn't know how much their margins. It's caused by they were only sharing their template that hows how much they earned from their futures.
The margin can be big or small. It's kinda different in gambling caused by you just share your actual bet whether it won or lost. You were sharing how much you are betting.
I see no difference between gambling and future. The risk is the same but the method used to get the money is kinda different. Trading is still using some informations to determine the trend.
Sometime when you are correctly predicting the trend and you will able gained thousands percents of profit in futures trading.

Gambling and futures are differ if we are seeing through method to get  profit.
hero member
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Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 03:57:39 AM
I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.
I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).
exactly! there are very many small gamblers out there big gamblers share about their big wins because with small capital they can get a lot of money even though it is not equivalent to the total loss but for futures trading it is very rare for them to share the results they get because sometimes they trade for the long term so it is not at any time it can be shared with others about the experience but for gambling it is like an instant when someone is lucky one can easily get that big win.
most importantly for me gambling and futures trading will always be different and gambling always carries a higher risk of losing all the money.
hero member
Activity: 2156
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Top Crypto Casino
August 14, 2023, 01:30:14 AM
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.

Actually trading is not that easy as it sounds, to make money through trading you need to learn and build trading skills. On the other hand gambling is just game meant for entertainment wherein a player with out any skills can win money with only luck. With trading you do need some luck but skills plays a major role in your earning. Day trading is way to make money through trading everyday and most pro traders are doing day trading.
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 01:22:54 AM
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I'd concentrate my time to trading; perhaps it's a lengthy procedure in which we achieve substantial profits after we begin trading and utilize beneficial techniques. Gambling is primarily guesswork and unreliability, and it readily cultivates addictions in people. One of the reasons I don't gamble is because of this basic fact. But trading has helped me throughout the years, allowing me to be self-sufficient and earn a solid living by working at the comfort from home. Gambling and trading are distinct pursuits, yet they all point to the same goal: generating profit.
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.
Well, first of all, i think its even out of sense to compare trading to gambling, this is because gambling as i believe we all know if not a profession, but more of something to have fun and pass time with, trading on the other hand is a profession, a very good one at that, there are many professional traders who make a lot of money on daily basis, they have nothing else doing aside trading, and with that, they are living large, have good family, live in a big house, driving good car, eating good food, wearing good clothes and so on, trading is a noble profession which any body can be proud of any where he or she goes.

But for gambling, gambling is not a profession, and for someone who tag him or herself as a professional gambler, he or she must have other chains of businesses that is bringing money, else, he or she would live a very frustrating and stress filled life, gambling should only be done for fun and never be taken as a profession cus it can never be one, except for those that build and run gambling casinos.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 14, 2023, 01:06:19 AM
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
I'd concentrate my time to trading; perhaps it's a lengthy procedure in which we achieve substantial profits after we begin trading and utilize beneficial techniques. Gambling is primarily guesswork and unreliability, and it readily cultivates addictions in people. One of the reasons I don't gamble is because of this basic fact. But trading has helped me throughout the years, allowing me to be self-sufficient and earn a solid living by working at the comfort from home. Gambling and trading are distinct pursuits, yet they all point to the same goal: generating profit.
Concentrating time on trading will be better than playing gambling because trading will give you more opportunities to make a profit. And if you continue to study trading analysis, it will surely be useful in finding coins to trade. The better your analytical skills, the greater your chances of making a profit. And you can also set aside a small amount of money for other things that can benefit you in the future so you can make a profit too. But it's different if you focus on gambling, where gambling is not a place to profit.
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