Between futures trading and gambling - page 8.

noormcs5

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Quote from: bittraffic on July 20, 2023, 12:22:12 PM

Quote from: darewaller on July 20, 2023, 11:33:10 AM

Quote from: Nheer on July 17, 2023, 05:54:41 AM

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

Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.

I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.

If you want to compare gambling and future trading in terms of risk, then I must say that both of them are risky and you cannot choose any one of them to be less risker. I think one should make up their mind to either trade or gamble with respect to the interest they have in both things.

Some people may be crazy about the crypto trade and they feel comfortable trading the crypto's futures market while others may feel enthusiastic about playing casino games or betting on matches.

Hard to choose between the two although both of them are entirely different ways to earn money.

Agbe

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

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

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

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

I will like future trading than gambling though these two things look similar, gambling can crumble you and likewise trading within a second you are empty. But if you are good in trading there is no way that you be empty a day, definitely you must make profit a day but gambling is not like that, if your luck is bad in that day then yours is gone. Upon all these I still like trading to gambling. Gambling is for fun but the money you loss would definitely pain you. So the fun comes with pain as well.

Fredomago

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Quote from: bittraffic on July 20, 2023, 12:22:12 PM

Quote from: darewaller on July 20, 2023, 11:33:10 AM

Quote from: Nheer on July 17, 2023, 05:54:41 AM

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

Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.

I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.

That's the point, nothing is easy in terms of making money either with future trades or gambling, it's simply to say that it will be a quick way to lose your money, one mistake will cause you money and there's nothing you can do if the market or if the outcome did not favor your side,

there's always a good value if you will continue to study and research either you are into gambling or into trading, your chance of making money still possible but in an accurate or continuous ways, that's something that really unusual from both business.

bittraffic

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Quote from: darewaller on July 20, 2023, 11:33:10 AM

Quote from: Nheer on July 17, 2023, 05:54:41 AM

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

Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.

I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

Personally, I find it less risky to bet on casinos because I can skip some games if I find it risky while if you are in BTC/USDT finding your way to make it in futures trading. It is hard to predict, the sideways movement today is just liquidating traders wherever the market goes.

Generally, there is no easy job. No easy money at all. You'd still gonna have to work it out and either gambling or trading, you can lose money.

darewaller

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Quote from: Nheer on July 17, 2023, 05:54:41 AM

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

Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.

I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games.

There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it.

ethereumhunter

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Quote from: piebeyb on July 17, 2023, 03:03:22 AM

Yes, you are right, because not all experts, be it trading or sports analysis, still not all the predictions they make are accurate and right on target because there really needs to be other luck as a supporting factor to achieve certain goals, I have done analysis and not all of them are right. the desired target, have really experienced failure, almost often fail so that's what you say.

We also all know that everyone who has the ability to predict or analyze is also experienced, has certain limits, so it is not easy to be right on target because it could miss what has been analyzed. that's why it's important not to take other people's analysis and predictions for granted. because not everything is really exactly as expected

And if we don't have good analytical skills, we can keep learning, maybe reading about other people's analyses to add to the insight and knowledge we have so we can improve our analytical skills. If we want to keep learning, we can have the opportunity to develop better and it's okay if we still fail because it's all a process that we have to go through.

One day, our abilities will develop properly and we will be able to predict or analyze well at that time. We also don't need to rely on other people's analysis because we can already analyze it ourselves. But we should not assume our abilities are the greatest because that will make us arrogant.

Nheer

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

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

People who gamble for entertainment purposes are one hell of people, like how do you spend and lose money for fun? Do they have excessive wealth and do they lack enjoyable activities to engage in, or do they prefer to lose money? I still don’t see the fun in it because I gamble for the purpose of making money and if i lose in the process I accept my faith and go again another time.

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

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

No matter how much you know about them, they both carry a significant level of risk. When you are already familiar with trading, gambling is usually simple because it doesn't take much effort to comprehend gambling; all you need to do is watch several games you are interested in, and over time, you will learn how to bet. However, it would be challenging to enter trading if you are a skilled gambler because you will have to deal with tension and learn about trading.

I am aware that they are both risky, but I don't believe I can handle the uncertainty of trading the future, therefore I think I would rather play in a casino and earn some money.

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

Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it.

Negotiation

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Quote from: QueenVera on July 08, 2023, 03:28:37 PM

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

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

I was reading your response with so much keen interest hoping to see the difference between gambling and futures but I didn't see you mention any difference between them and I don't know if I'm wrong.
To the best of my knowledge, I've always seen trading in general and gambling as one and I personally will always chose trading above gambling because I think I feel more secure and at some points, I have to use the money received from trading to gamble and thats to say that i would see trading as a major job and see gambling as a side hustle.

Gambling depends entirely on luck here there is a very little gap or difference between the trader and the gambler, and that is that the trader works according to his prior plan, and accordingly he expects the real reflection to expand and improve his chances. But you won't find that in a gambler because their thinking is not really practical. But the investor starts thinking like a gambler they wait for luck here it is important to remember that luck comes and goes.

piebeyb

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Quote from: ethereumhunter on July 17, 2023, 01:20:49 AM

Quote from: Eternad on July 16, 2023, 05:22:09 AM

The ability to predict the outcome is very easy to do by everyone. But predicting the outcome accurately is a different thing which only very few can do this and you can’t do this alone with prediction through analysis since tough luck is still a deciding factor to win a prediction. There’s some game which a heavy under dog manage to have a big come back with just one lucky punch or submission. Same with other sports that a favorite team didn’t perform as expected due to unknown reason.

Indeed, everyone can have predictive abilities, but the problem is that not everyone can have predictive abilities that are almost accurate (don't say accurate because it's very difficult). Only by continuing to learn to analyze the information obtained that people can do because it can improve their abilities. After having that ability, they can choose an easy match according to them. And also the chances of winning will be greater than before because they already have good analytical skills.

Yes, you are right, because not all experts, be it trading or sports analysis, still not all the predictions they make are accurate and right on target because there really needs to be other luck as a supporting factor to achieve certain goals, I have done analysis and not all of them are right. the desired target, have really experienced failure, almost often fail so that's what you say.

We also all know that everyone who has the ability to predict or analyze is also experienced, has certain limits, so it is not easy to be right on target because it could miss what has been analyzed. that's why it's important not to take other people's analysis and predictions for granted. because not everything is really exactly as expected

EarnOnVictor

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Quote from: Silberman on July 08, 2023, 01:25:10 PM

Quote from: dezoel on July 08, 2023, 10:25:10 AM

Quote from: pakhitheboss on July 06, 2023, 03:42:23 AM

The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.

No one can actually control the outcome in futures trading, that is a wrong statement, what you can do in futures trading is predict the outcome more accurately with the help of market knowledge, experience, and fundamental and technical analysis, and that is what makes it different from gambling because you don't have a chart to read or a team or a project to analyze or a past to check when it comes to gambling, it's pure speculation.

The outcome of both of course isn't guaranteed, even in futures trading, you don't win all the time, if that were the case, there wouldn't be millions of dollars getting liquidated every now and then, that happens because people choose the wrong sides and market moves the other way, but it is just that if you are careful and have a lot of experience, you will have more chances of getting profits.

Traders need to understand that this idea that everyone can win over the long term is not realistic or even possible at all, trading is very similar to poker, if there are 10 players and each one has 1k over the table then that 10k will be redistributed among them, some will leave with more than 1k while some will leave with less than that, now in theory poker is a zero sum game but since you need to pay the rake as well then this means the amount everyone leaves the table is even less than 10k, and the same is true for trading due to the commissions exchanges charge you.

There is no trader that can win every time, the same goes for gamblers. But your further comparison of a trader with poker is entirely wrong, it shows that you don't even know what trading is all about. Are you saying that the few and negligible fees/commissions charged in trading are a big deal? This is never a big deal, once you know how to trade, then do it, if you don't, then quit. By this, the commission charged will not be a burden as you are gaining.

Now, trading can be well planned, traded and managed, can you do that in poker? Definitely not. Trading is not simulated or predetermined by the in-house, the board and price of trading are transparent and could be viewed with the same accuracy all over the world. This makes it fair and once you can speculate and manage your account well, nothing can stop you from making regular income, which is not possible in poker where you solely depend on luck.

Mauser

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Quote from: dezoel on July 08, 2023, 10:25:10 AM

Quote from: pakhitheboss on July 06, 2023, 03:42:23 AM

The biggest difference between futures trading and gambling is that in futures trading, you can control the outcome, whereas in gambling, you cannot. Futures trading involves speculating of the future price, while gambling is a form of entertainment. With futures trading you do need to consider a lot of factors like maket trend, analysis data and make correct trading decision. In gambling all you do not need any kind of skills, comparing the two does not make any sense. It is incorrect to assume that they are the same, as they are not.

No one can actually control the outcome in futures trading, that is a wrong statement, what you can do in futures trading is predict the outcome more accurately with the help of market knowledge, experience, and fundamental and technical analysis, and that is what makes it different from gambling because you don't have a chart to read or a team or a project to analyze or a past to check when it comes to gambling, it's pure speculation.

The outcome of both of course isn't guaranteed, even in futures trading, you don't win all the time, if that were the case, there wouldn't be millions of dollars getting liquidated every now and then, that happens because people choose the wrong sides and market moves the other way, but it is just that if you are careful and have a lot of experience, you will have more chances of getting profits.

While it's true that there is uncertainty in both gambling and futures trading, the two things are very different from each other. Gambling is artificially created games in their own system setup by the casino. Every game is the same with the exact same winning chances. There is no influence from the outside world that is going to change our chances, or we can't exploit the games by hedging our positions. That is one advantage in the futures world, where all the contracts can be replicated with the spot market. For example, if we see that the underlying assets become very cheap today, we might lose money on our futures position, but we can already some assets cheap at the exchange and just hold it. In the long run when prices rise again, we will make money on the futures and on our spot position. Also, in gambling we know very quickly if we won or not, there is no in between state where we can comeback in one month and see if our bet changed and we might have won. In futures trading it's the exact opposite, prices are changing every day and just because we lost money today doesn't mean we are going to lose money every day, even a bad trade can change back into a winner over time.

ethereumhunter

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Quote from: Eternad on July 16, 2023, 05:22:09 AM

The ability to predict the outcome is very easy to do by everyone. But predicting the outcome accurately is a different thing which only very few can do this and you can’t do this alone with prediction through analysis since tough luck is still a deciding factor to win a prediction. There’s some game which a heavy under dog manage to have a big come back with just one lucky punch or submission. Same with other sports that a favorite team didn’t perform as expected due to unknown reason.

Indeed, everyone can have predictive abilities, but the problem is that not everyone can have predictive abilities that are almost accurate (don't say accurate because it's very difficult). Only by continuing to learn to analyze the information obtained that people can do because it can improve their abilities. After having that ability, they can choose an easy match according to them. And also the chances of winning will be greater than before because they already have good analytical skills.

fullhdpixel

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Quote from: Helena Yu on July 16, 2023, 03:04:18 AM

Quote from: Popkon6 on July 12, 2023, 06:46:48 PM

Especially in my case I would prefer a casino or gambling game. Because I can start gambling on any match or casino but I will have a hope which site will win. But in the case of a futures trading, it is never possible to predict when the market momentum may reverse. In some cases the money is life changing so I think casino is the best way to make money which is less risky than futures trading. Futures trading can kill people's lives within moments which is very risky. But I had a lot of fun making money from the casino but it seems pretty safe.

Lol, there's not possible to predict and hope which one will win because players always changed, they get older, shit can happen etc. While futures trading, you're need to learn about candle stick and how to scalp, with a big experience you got from trial and error, it's technically possible you can make money in futures trading.

Casino is a luck based game, even though you're playing sport, poker etc, you still need luck.

Some people basically don't understand that even sports betting and poker require luck for you to win because they are also parts of gambling, even if you have a lot of experience and knowledge about both poker and sports betting, you can still lose a bet even if you think that it's a sure win and there is basically no chance for you to lose it, and it often happens in sports betting where you bet on the stronger team thinking of an easy win but still lose.

So basically, no prediction has a 100% possibility of being accurate, there is always a chance of a prediction being wrong, especially when it comes to gambling because in gambling, there is no sure bet because every single bet has some possibility of going against you.

bittraffic

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Quote from: noormcs5 on July 16, 2023, 05:27:43 AM

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

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

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

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

Trading and gambling both are totally different, however, i may highlight the key difference between them.

Gambling requires no skill, you just deposit, bet and win or lose. The same goes for the casino games. Everything depends upon luck. Even a layman can understand gambling without any problem.

However, trading is a skill and future trading is even more difficult. Going into a future trade without a plan may end up losing all your portfolio. You need to understand the basis of the financial markets before you can understand and do the trading.

Some people are simple minded though. If they both can make you money instantly, it's all the same as binary like win or lose. Futures trading to them is like red or green light on the intersection. They don't even need to learn indicators to bet for it will be like predicting whether the next 1 hour candle will green or red. A gambler who can luckily go long and incidentally the price goes up, then it's a win.

If they put it that way then futures trading can be considered gambling.

noormcs5

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

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

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

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

Trading and gambling both are totally different, however, i may highlight the key difference between them.

Gambling requires no skill, you just deposit, bet and win or lose. The same goes for the casino games. Everything depends upon luck. Even a layman can understand gambling without any problem.

However, trading is a skill and future trading is even more difficult. Going into a future trade without a plan may end up losing all your portfolio. You need to understand the basis of the financial markets before you can understand and do the trading.

Eternad

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Quote from: ethereumhunter on July 16, 2023, 05:00:29 AM

Quote from: Popkon6 on July 12, 2023, 06:46:48 PM

Especially in my case I would prefer a casino or gambling game. Because I can start gambling on any match or casino but I will have a hope which site will win. But in the case of a futures trading, it is never possible to predict when the market momentum may reverse. In some cases the money is life changing so I think casino is the best way to make money which is less risky than futures trading. Futures trading can kill people's lives within moments which is very risky. But I had a lot of fun making money from the casino but it seems pretty safe.

It is very possible to predict the market if you have the ability. Just like you can gamble and win money. Everything will depend on how well you can make money, whether from a casino or trading futures. If you are comfortable betting on sports because you can win some money, you can stay in it and keep making money. Meanwhile, if people are comfortable with future trading, they can still make money from future trading. But we must know that gambling and trading have their own risks and that's what we must avoid by knowing how to avoid big risks.

The ability to predict the outcome is very easy to do by everyone. But predicting the outcome accurately is a different thing which only very few can do this and you can’t do this alone with prediction through analysis since tough luck is still a deciding factor to win a prediction. There’s some game which a heavy under dog manage to have a big come back with just one lucky punch or submission. Same with other sports that a favorite team didn’t perform as expected due to unknown reason.

hahay

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

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

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

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

I seem to be pretty sure that they would prefer a game that makes money, and that they can get in gambling. Although futures trading and gambling can both make money and lose money, but basically futures trading requires them to do a lot of learning and understanding first. At least such a process may be considered difficult and may make feel like a waste of time, because basically they will prefer instant ways to make money like in gambling.

ethereumhunter

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Quote from: Popkon6 on July 12, 2023, 06:46:48 PM

Especially in my case I would prefer a casino or gambling game. Because I can start gambling on any match or casino but I will have a hope which site will win. But in the case of a futures trading, it is never possible to predict when the market momentum may reverse. In some cases the money is life changing so I think casino is the best way to make money which is less risky than futures trading. Futures trading can kill people's lives within moments which is very risky. But I had a lot of fun making money from the casino but it seems pretty safe.

It is very possible to predict the market if you have the ability. Just like you can gamble and win money. Everything will depend on how well you can make money, whether from a casino or trading futures. If you are comfortable betting on sports because you can win some money, you can stay in it and keep making money. Meanwhile, if people are comfortable with future trading, they can still make money from future trading. But we must know that gambling and trading have their own risks and that's what we must avoid by knowing how to avoid big risks.

Helena Yu

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Quote from: Popkon6 on July 12, 2023, 06:46:48 PM

Especially in my case I would prefer a casino or gambling game. Because I can start gambling on any match or casino but I will have a hope which site will win. But in the case of a futures trading, it is never possible to predict when the market momentum may reverse. In some cases the money is life changing so I think casino is the best way to make money which is less risky than futures trading. Futures trading can kill people's lives within moments which is very risky. But I had a lot of fun making money from the casino but it seems pretty safe.

Lol, there's not possible to predict and hope which one will win because players always changed, they get older, shit can happen etc. While futures trading, you're need to learn about candle stick and how to scalp, with a big experience you got from trial and error, it's technically possible you can make money in futures trading.

Casino is a luck based game, even though you're playing sport, poker etc, you still need luck.

Silberman

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Quote from: Popkon6 on July 12, 2023, 06:46:48 PM

Especially in my case I would prefer a casino or gambling game. Because I can start gambling on any match or casino but I will have a hope which site will win. But in the case of a futures trading, it is never possible to predict when the market momentum may reverse. In some cases the money is life changing so I think casino is the best way to make money which is less risky than futures trading. Futures trading can kill people's lives within moments which is very risky. But I had a lot of fun making money from the casino but it seems pretty safe.

Gambling at your favorite casino is a great way to obtain the fun and entertainment that you are looking for, but with the exception of a few professional gamblers out there and some lucky people, for the rest of us gambling produces losses and not profits, in the case of futures trading the chances of losing are also very high, it is just that with the right knowledge and skills you could become profitable, however if you do not have what is necessary to make those profits your losses can be quite high, as in theory you will be using a great deal of the money you have saved over the years and it will be difficult for you to recover from such loss.

Topic: Between futures trading and gambling - page 8. (Read 1870 times)