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Topic: Crypto Trading or Online betting? 2k Usd budget. - page 12. (Read 19842 times)

jr. member
Activity: 43
Merit: 2
It depends on your level of risk and how much insider information you acquire.

For example, I think that there's a killing to be made on pro wrestling betting because it's really easy to get insider information on it.
full member
Activity: 448
Merit: 102
If I have $2,000 then I will invest into 10 POS coins like $200 each. Waves must be one of them. I believe into holding and staking rather than trying to trading nor betting. In my experience both trading and betting are same. We never be sure about making money even we have all the required skills.
member
Activity: 266
Merit: 10
Online betting is more like getting luck on your side because there isnt a strategy or plan involve. But with crpto trading there is a clear direction of how you will be doing with your investment. I think crypto is more safe than online betting.
hero member
Activity: 756
Merit: 504
In both cases you have the chance to lose a lot of your money, especially in the early stages if you make a bad guess. With crypto markets, you can research and predict which the coin will be in the near future. You can act off that and split your money across multiple coins. Overall, that's why I think crypto trading beats out online betting. With betting you're pretty restricted in comparison to the many options. Make sure to keep this in mind when you choose what to do.
jr. member
Activity: 238
Merit: 7
Trading would be the best option, because from trading if your investment is in a loss you would be only losing a fraction of your investment whereas in gambling you could lose all your investment with one click. For gambling, you need to be lucky, but for an investment, you need an analytical mind about when to invest & when to cash out in profits. So do what you could afford to lose while taking the decision.
hero member
Activity: 1078
Merit: 507
Even if you ask for short term, I will also suggest you crypto trading because suggesting Online betting means that you have no capability to earn money with your knowledge and you totally depend on your luck even if you loose or win this totally depends upon your luck nothing else but in case of crypto trading you can work hard to increase the chance of increasing your money. Even if you lose money in Crypto Trading due to market down fall you still have chances to earn that amount back when market gets green but in case of online betting, once you lose money you loss it completely.
sr. member
Activity: 1400
Merit: 269
Absolutely trading because unlike online betting or gambling that is just absolutely pure luck and what your betting is absolutely random results. Trading is where you can anticipate how much you can profit from a coin you buy. Unlike gambling, trading has fundemental and technical analysis that you capitalize.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

betting online is really about luck. better you choose for trading, pick one of the coins which have a future and potential, then wait for a long term to get a profit.
I agree with you, online betting or gambling is all about luck, you may win and make profit, but it's not secured and it's not like you'll always win in gambling. If you're gonna invest in crypto, make sure that you have knowledge about it before starting, you should learn before you start so your chance of loss will decrease. Just like what the author said, it's for a long run, you need a high patience in crypto too.
full member
Activity: 1218
Merit: 112
Online betting is more riskier compared to cryptocurrency trading, so it would be better if you go for crypto trading. This is a good amount, diversify your investment portfolio to do well in trading.
full member
Activity: 644
Merit: 101
Iam not famiiar with online betting and i think this is like gambling, i prefer to chooce crypto trading that we can manage the risk by make some management of money and risk like use the stop loss and trailling stop on every trade. Crypto trading offer bigger posibility to make profit and less risk than online betting. I think people who possible to earn profit and get successfully from trading can be more than 50% but in onLine betting i think not more than 5%.
newbie
Activity: 99
Merit: 0
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

betting online is really about luck. better you choose for trading, pick one of the coins which have a future and potential, then wait for a long term to get a profit.
legendary
Activity: 3052
Merit: 1188
Of course, I would go for cryptocurrency trading. It is way less riskier than online betting. I have tried them both, and in the end, online betting made me lose a lot of money. As long you know about the basic principle of buying low and selling high, for sure you will win in day trading. Just my two satoshis.
Crypto trading do have a lot of risk too if you do not have a pretty good idea on how to trade as that would make you jeopardize your whole investment, and you would not be different from someone who is gambling. The risk is minimized with great knowledge as well which makes it even more interesting most of the time for those who are actually looking to experience it. Online betting is even far from it, and I would rather hold my money than participate in such.

based on the years of experience crypto trading is much better and can make you more than double profit not only that fast earning and fast losing as gambling.
You sound like emphasizing that trading is somewhat same as gambling. Fast earning and faster losing. That is the case of insufficient knowledge. An experienced trader will not lose more than what he had booked in the previous trade.
sr. member
Activity: 770
Merit: 278
Crypto trading is definitely better than online betting. Although, both have their risks, I believe the risks of online betting far outweigh the risks of crypto trading.
If you have  the right knowledge and possess the required skills for trading, you can determine how and the amount of profits you'll make simply by buying when the price of bitcoin is low and selling when the price is high enough to make profit.
of course the risk on online betting is greater because it only depends on luck, there is no other factor besides luck which will increase the likelihood of profit, whereas trade will be safer, because there are many factors you can have to reduce risk and increase the likelihood of profit, such as skills, knowledge, etc
I leave it to the person who has been an experience gambler and trader to choose but in my own opinion and based on the years of experience crypto trading is much better and can make you more than double profit not only that fast earning and fast losing as gambling.
sr. member
Activity: 1162
Merit: 251
Crypto trading is definitely better than online betting. Although, both have their risks, I believe the risks of online betting far outweigh the risks of crypto trading.
If you have  the right knowledge and possess the required skills for trading, you can determine how and the amount of profits you'll make simply by buying when the price of bitcoin is low and selling when the price is high enough to make profit.
of course the risk on online betting is greater because it only depends on luck, there is no other factor besides luck which will increase the likelihood of profit, whereas trade will be safer, because there are many factors you can have to reduce risk and increase the likelihood of profit, such as skills, knowledge, etc
full member
Activity: 406
Merit: 156
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

Crypto trading has  a lot of parameters that control it , and if you're smart enough to / ballsy enough to purchase a load of coins now you'll have high chances to see your wallet stacking with money in a few months .
Whether with betting , you may see constant decrease of your money without any other replacement , and that's what you get if you let the fate of your money controlled by something that you can't have any control over and that can be totally random . Online betting will just make you go through a lot of pain and frustration in case you loose your money and there's no 2nd chances for that , and you really need a huge chunk of luck to make a good profit out of gambling with exploiting some spectacular opportunities that may not present themselves at all or that you might not even consider them for being too good to be true and have them pass just under your nose while seeing your bankroll decrease every day ..
legendary
Activity: 1386
Merit: 1058
Of course, I would go for cryptocurrency trading. It is way less riskier than online betting. I have tried them both, and in the end, online betting made me lose a lot of money. As long you know about the basic principle of buying low and selling high, for sure you will win in day trading. Just my two satoshis.
Who would not even want to go for something more interesting, that once you learn pretty well and good at it, can set you up for life, but I guess some people just would not get it as they are just so bound on doing things that would end up ruining the amount they could have saved up because the question the OP asked is not even one that should be asked in the first place.

It is more like seeing wealth and poverty, then deciding to go for poverty. Who does that ? Probably some may choose that out of rush but after some period of time sustaining with that will come to the the reality of their stupid decision. But, at that time they might have lost all their $2k then what will be the use of realizing later. I mean, we must make a concrete decision which should not go for wrong at any circumstances too.
legendary
Activity: 1834
Merit: 1036
I would go for Crypto Trading if I have a spare $2,000 USD. I know that in online betting, you have at least a guide on which one have more chances of winning because you can tell by looking at the odds, but still the risk and returns are not worth it. Example is during the NBA finals, if you place $100 USD on Golden State Warriors against Cavs, you'll gain only $8 USD as the odds are -1220 for GSW. However, tables might turn during the game and Cavs may have pulled a win, after the game, your money is gone. Unlike Crypto Trading, if your investment is down by 5%, just HODL on to it and wait for the right tome to Sell it with profits.
sr. member
Activity: 700
Merit: 275
if you use your capital in gambling , which percentages bigger between lose and win? in gambling it always have same percentages both of them.but in crypto trading very different with that.we can set our profit and risk by using analisys and risk management.
In gambling also we can make changes in the risk level by changing the games because different games different probability of winning so it involves different risk levels too.But gambling is different from trading we can consider trading like a job so we can increase our winning percentage by knowing and researching the market well ad when you are experience you can be more successful but in gambling the winning percentage will always be the same depends on your luck.

Indeed but still carries bigger risks than the crypto trading method. When it comes to betting which is nothing but sort of gambling then it is all about the unknowns and probabilities ! In case of trading however, you get the lead by having some fundamental and technical data to asses the situation of your trades so that you can always carry out metrics of going up and down of your portfolio. This way can lead to higher profits and less loss as compared to gambling on your luck. The betting stuff always carries huge risk due to its nature of working model - unknown!
newbie
Activity: 26
Merit: 0
crypto trading is best but you have to buy coins and hodle. dont try to day trading or short term because i think you are new to crypto trading.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
if you use your capital in gambling , which percentages bigger between lose and win? in gambling it always have same percentages both of them.but in crypto trading very different with that.we can set our profit and risk by using analisys and risk management.
In gambling also we can make changes in the risk level by changing the games because different games different probability of winning so it involves different risk levels too.But gambling is different from trading we can consider trading like a job so we can increase our winning percentage by knowing and researching the market well ad when you are experience you can be more successful but in gambling the winning percentage will always be the same depends on your luck.
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