Topic: Crypto Trading or Online betting? 2k Usd budget. - page 16. (Read 19809 times)
Well considering that online betting is often on 'rigged through coding' servers, you should probably go with trading.
if you don't know what you are doing then your trading is going to be like betting too and you lose the same amount of money in both of them. maybe even more in trading since the altcoin dumps are sometimes big and fast.
but if you learn it and know what you are doing in trading, then it is not even correct to compare trading and gambling because gambling is pure luck and you will definitely end up losing in the long term because of things such as house edge but in trading you will make money even if you lose a couple of times.
but if you learn it and know what you are doing in trading, then it is not even correct to compare trading and gambling because gambling is pure luck and you will definitely end up losing in the long term because of things such as house edge but in trading you will make money even if you lose a couple of times.
Newbee here. Please guide me.
Which is more profitable in the long run, Crypto trading or online betting ?
Which is more profitable in the long run, Crypto trading or online betting ?
Trading anyday. You might get lucky once or twice if you bet online. But there is way more probability of losing your money and getting addicted and losing more. Its a risky gamble.
Since you mentioned 2K budget you can split into 1K for Holding and 1K for trading. Invest some money in promising ICO's. This is sure to get you some nice profits. And now is a good time since the prices are low. Like mentioned above Hodl some good Alts like NEO, XRB, ARK, ICX etc etc. Do your own research.
Also while trading don't simply put your money in some shitcoins. Make yourself thorough with some Alts and be updated with the current news so you know which coins are sure to go up.
FYI: You might have to move this topic to trading discussion.
Definitely Online trading, if you trade conservatively. Always try to reach a ROI with your trading investment first, before you expand into more unknown Alt coins that might look promising. Both are a gamble if you do not do proper research on the Alt coins that you are planning to invest in.
Your best bet, will be to start with coins like Bitcoin, LiteCoin and Ethereum for now. ^smile^
Your best bet, will be to start with coins like Bitcoin, LiteCoin and Ethereum for now. ^smile^
Newbee here. Please guide me.
Which is more profitable in the long run, Crypto trading or online betting ?
Which is more profitable in the long run, Crypto trading or online betting ?
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