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

full member
Activity: 546
Merit: 100
It depends if you want the profit now or later. Online betting would give you the profit instantly but you could lose that instantly. The probability of succeeding in gambling is very low. While crypto trading will test your patience especially right now but I'm positively sure that you will get your profits.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Will be more safe in crypto  trading because in case you loss now you can hold that coins and wait for next bull run to recover loss and possible to earn profit. But in online betting if you loss you will never have hope to recover that loss.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
Newbee here. Please guide me.

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

Trading is preferable to betting on a long run you be the one to manage your capital, regardless to that you get more pretty good ideas from professional traders around the world on like side of betting, you might ended up loosing it all if you by in any means make a slight mistake. Well we do have legendaries who are great in betting but in the side of trading is a good catch for newbies.
hero member
Activity: 1064
Merit: 500
I don't recommend any of the two whether trading or online betting. I suggest you should invest your money in Bitcoin or Ethereum for long-term, there you'll make a decent amount of profits. With small budget no many people survive the market at the current situation talkless of the online betting.

You must be a professional gambler to get the profit. Your chances are very small. Trading is much better - simply get more information about it and start.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
I don't recommend any of the two whether trading or online betting. I suggest you should invest your money in Bitcoin or Ethereum for long-term, there you'll make a decent amount of profits. With small budget no many people survive the market at the current situation talkless of the online betting.
jr. member
Activity: 1523
Merit: 1
In my opinion, crypto trading would be more profitable in the long run, but you have to gain experience only then you can gain good profit. As far as, online betting is concerned you have to rely on luck there is nothing you can do about it.
sr. member
Activity: 658
Merit: 256
Crypto trading will be a better option than gambling. Gambling is based on your luck mostly, I think it is more interesting to plan a strategy and try crypto investing.
hero member
Activity: 2436
Merit: 877
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
I implore you to focus your time on crypto trading and get proper training on how to trade Cryptos with a working strategy this is quite profitable than online betting, with a good money management and compounding you can turn your $2K into a big amount of money  within some period of time.

Betting is too much risky. You can lose your 2K Usd within a day. I will suggest you to first learn trading and then start trading with the budget you have. The profit will not be at once, but with the passage of time you will earn good income from trading.
sr. member
Activity: 2618
Merit: 439
My question is why would anyone be talking about using a whole $2000 for betting? What if you lose it? That’s your choice though, but I would prefer to trade with the money and make extra money with it, but that can only be if you know how to trade, cause trading itself is not an easy one, you can still lose money in it. But if you take out time to learn it you will benefit a lot from it.
The OP is weighing is options whether to trade or gamble with that $2K budget. As a fellow gambler though, I wouldn't advise to go full gambling with that $2K, that's a lot of money to begin with. Much better if the OP go on trading with small amounts, just to get a feel of how the market operates and if he likes it then definitely he can slowly increasing his capital. But he has to take note of the high risk factor though, he can even lose it everything in just a couple of months because of the unpredictable price fluctuations, so just be cautious as well.
legendary
Activity: 2100
Merit: 1058
My question is why would anyone be talking about using a whole $2000 for betting? What if you lose it? That’s your choice though, but I would prefer to trade with the money and make extra money with it, but that can only be if you know how to trade, cause trading itself is not an easy one, you can still lose money in it. But if you take out time to learn it you will benefit a lot from it.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
Most people here know that trading is the best way to earn for long-term investment because betting/gambling itself might put your funds to the edge of losing without getting something. Gambling is not a way of source of income if you think like that, you are wrong.
gambling just speculation on our money.we get it or we loss it.that was the concept of gambling we could be rich man faster and vice versa.but as long as i know no one could be rich from gambling.
full member
Activity: 759
Merit: 105
Most people here know that trading is the best way to earn for long-term investment because betting/gambling itself might put your funds to the edge of losing without getting something. Gambling is not a way of source of income if you think like that, you are wrong.
sr. member
Activity: 1071
Merit: 253
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
I think you should use $ 2k to buy BTC now. Currently the BTC has a fairly cheap price and its price is about to rise to nearly $ 5,000. At the beginning of 2018, the market also grew strongly after Tet holiday. Believe in history and trust the value of BTC.
Right this is great suggestion mate buying bitcoin is the best choice for now because there will be more chances of earning but in case of betting online can put you into risk. If you played wrong trust me you will be sad so better to buy bitcoin it needs only time but the profit is certain. No risk no stress only patience to get your money back with more than double.
I also think that the better way is trading to earn more money and save it for its increasing time because its price will gain in very soon and that's why it will big happiness to get huge amount of profit but if some time you wanna spend a little bit amount of your money so it will never bad because some of needs are really important and that's why spending is necessary.
member
Activity: 448
Merit: 10
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
I think you should use $ 2k to buy BTC now. Currently the BTC has a fairly cheap price and its price is about to rise to nearly $ 5,000. At the beginning of 2018, the market also grew strongly after Tet holiday. Believe in history and trust the value of BTC.
Right this is great suggestion mate buying bitcoin is the best choice for now because there will be more chances of earning but in case of betting online can put you into risk. If you played wrong trust me you will be sad so better to buy bitcoin it needs only time but the profit is certain. No risk no stress only patience to get your money back with more than double.
hero member
Activity: 1834
Merit: 523
Trading or batting both are different things and both are risky.you can get profit in the long run if you buy the right coins in crypto trading so learn first otherwise you lost your cash.
But trading is less risk compared to the online betting because you can lose in one roll. But in trading you can lose only slightly or longtime not in shortime. The more bettee is the crypto trading than online betting. Every have risk but if im going to choose I will vhoose the less risk compared to the high risk.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
Newbee here. Please guide me.

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

I'll give you a third option, it is less profitable but much safer: Lending. You can do that in both exchanges and gambling sites. Exchanges use the lending money for margin traders, and gambling in their bankrolls for the winners.

Of course the wisest choice is to diversify: divide your capital and try the different choices in parallel. Trading is hard and betting is luck. Have fun!
Hm, I think this is interesting option. But how to choose fair site which will not cheat you? And how much is potential profit of lending?

Well IMO exchanges are pretty safe (Ie. Poloniex and Bitfinex) as far as you trust the exchange... For gambling sites it depends on the site, you'd have to review (or check reviews about) each. As for earnings, think about 4%/year. Variance in gambling sites can make you wait at least a month or more before seeing profits (just like the luck in mining), and you will see constant loses / winnings as the players win and lose. In the long run you will earn, otherwise the site would shutdown (the house cannot always lose!). Again its not much but quite safe, if in doubt just diversify and don't put all your eggs in the same basket, and DO wait a few months once you commit (yes its slow and boring, compared to trading) to see (good) results.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
It is upto what type of knowledge you have if you have crypto trading knowledge then you can go for it, if you have online betting sports knowledge then go for it, If you have both knowledge then split your investment in both and try it , where you get more profit workout it and go according to it.
Yes but mate I think in betting only knowledge does not work you will have to have good luck too because it is all about your luck and betting will make money only for lucky people but trading is a thing which makes profit for skillful people so if you have skills in trading you can take start with trading long term with crypto like BTC.
Speaking of online betting, I think this refers to sports betting, and I believe knowledge and skills is vital for the success.
Luck is a big factor but that's out of the strategy since one has no control of his luck, it's just some kind of law of attraction, when you does things most of the time, it will bring you what you expect.

Trading on the other hand is like gambling also, an skilled based gambling but they required different strategy, and that is what you need to discover.

the real question is: Is crypto still a good bet?

ABSOLUTELY!
sr. member
Activity: 1236
Merit: 252
It is upto what type of knowledge you have if you have crypto trading knowledge then you can go for it, if you have online betting sports knowledge then go for it, If you have both knowledge then split your investment in both and try it , where you get more profit workout it and go according to it.
Yes but mate I think in betting only knowledge does not work you will have to have good luck too because it is all about your luck and betting will make money only for lucky people but trading is a thing which makes profit for skillful people so if you have skills in trading you can take start with trading long term with crypto like BTC.
legendary
Activity: 2413
Merit: 1003
the real question is: Is crypto still a good bet?
member
Activity: 345
Merit: 13
Hard work is the most important key to success.
Trading or batting both are different things and both are risky.you can get profit in the long run if you buy the right coins in crypto trading so learn first otherwise you lost your cash.
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