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Topic: Crypto Trading or Online betting? 2k Usd budget. - page 3. (Read 19810 times)

sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
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.
dont forget to pick altcoin such as ontology ,eos and other potential coins.holding altcoin will give us more profit in bullish trend.we will get doubled profit from its rate and bitcoin rate.
member
Activity: 663
Merit: 10
https://streamies.io/
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.
full member
Activity: 899
Merit: 101
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.
in crypto trading we could any strategy we want to generate profits.meanwhile in betting we just have one option , profit or loss.we could not manage our risk and also ratio between risk and reward only 1:1 .
We have no choice in online betting .only loss and profit no other choice for us .using 2k dollar could be gone in only few second.so becarefull with out money in gambling table.
jr. member
Activity: 197
Merit: 3
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.
in crypto trading we could any strategy we want to generate profits.meanwhile in betting we just have one option , profit or loss.we could not manage our risk and also ratio between risk and reward only 1:1 .
newbie
Activity: 14
Merit: 0
why poster asked this question?
I assume he had thought of dividing the money in half.
Even as a newbie, he knows value of cryptos.
yet he posted this question,
In my humble opinion, I guess he already chosen online betting, he just wanna make sure how willing he is.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
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.
sr. member
Activity: 868
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
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?
legendary
Activity: 2030
Merit: 1568
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!
hero member
Activity: 1456
Merit: 501
DGbet.fun - Crypto Sportsbook
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
Surely the answer is trading. gambling has a huge risk and I think gambling is only for people who have high luck, so they can make long-term profits. trading is where you have to predict market movements, this is purely how your skills in analyzing and making strategies, talking about trading risk is also a big risk if you don't really understand crypto.
Of course, gambling is never a good way to make a long-term profit because the nature of this game is to make money from us, we do not have any chance to win for a long time with this game, many people have tried and the result is just lost. Trading will be a better job, although it still needs luck but it is only a small part of trading, the things that are more important in trading and deciding everything are still our experience and knowledge, if we don't have those keys, trading will be similar to gambling, it will bury us
full member
Activity: 1638
Merit: 122

2k usd is a huge amount but to some people this may look small especially if they are rich  . if you can afford it to loose then go gambling because there is a slight possibility that you can double it instantly  but if you value your money youd better go on crypto trading .  trading is less riskier but its a bit harder for beginners  . the profit that you can get isnt also instant not unlike to gambling  .

hero member
Activity: 1666
Merit: 502
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
Surely the answer is trading. gambling has a huge risk and I think gambling is only for people who have high luck, so they can make long-term profits. trading is where you have to predict market movements, this is purely how your skills in analyzing and making strategies, talking about trading risk is also a big risk if you don't really understand crypto.
legendary
Activity: 1652
Merit: 1000
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.
Very good advice from you that trading and online betting were necessary to knowledge and if OP have good knowledge for both of them then split his funds to get maximum results or even if he loss from trading then he can able to get recover his loss through online betting even though there is no guarantee these way will be profitable
sr. member
Activity: 882
Merit: 297
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.
newbie
Activity: 15
Merit: 0
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
If you bet with that money you’re likely to lose it. If I were you I would look for a coin that is worth investing for a long time, like Litecoin, Bitcoin, ETH, Ripple and the rest of them I’m sure would bring profit later on. Invest in any of these coins now that the market is down and have Hodl for a long time till bull run comes and you can cash out a huge profit at last. Maybe you can buy BTC now and hodl.
You normally look at the return and the risk in the investment. In my opinion, investment in Bitcoin might make you financially much stronger than online betting. Better go for the option that interests you.
newbie
Activity: 55
Merit: 0
M8, if you are really interested in crypto, i guess you should trading, on the the other hand if you don't have any experience and don't want to waste you time learning information how to invest and trade in the right way than you should try your luck using only betting. That's all that simple as that. Good luck mate. I have one friendly tip for you, if you are ready to lose these money invest in ETH and hodl. If the price will raise, you will earn a lot. Good luck, man.
hero member
Activity: 1148
Merit: 504
Betting is pure gamble . Its full with uncertainties and you can lose all and everything.  Trading with the right technique and knowledge will profit you both on short and long term
well, if you compare the two, maybe trading is still better, because you can control 100% of the funds you have. however, for now, I don't recommend both, especially if you're new to this. it's better to look for information, and see the market situation directly, it might give you a wise choice, because $ 2k is quite a lot.
in my opinion even though the market conditions are still bearish you can still take small opportunities to make a profit, you just need to monitor and look for opportunities to buy and sell, make sure you do it quickly. yeah $2k is a big capital, of course using all your money is not a wise thing, and gambling is also not the right method to make money
hero member
Activity: 1148
Merit: 528
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
How do you think that gambling will be something benefitting? Have you done it before, have you been into online gambling before, especially gambling on a crypto site? Most people u have seen gamble with their money usually end up regretting it. I do know one person that managed to get a win in gambling, but calculating how much he spent so far and what he won at last it was just a waste of his time. I don’t mean to upset the gamblers here, but it’s a waste of time.

diversification of savings, investments and risks is the basis for successful investment.
However it's quiet hard when start capital is very small.
But, I do not think it will be hard for the capital of 2k dollars for the OP's case. Definitely anyone could go for full fledged diversification with that capital to ensure some decent profits even in short term itself. In long term, 2k dollars may grow to 4k dollars too if the right opportunities are identified.
sr. member
Activity: 868
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
Yes, correct, diversification of savings, investments and risks is the basis for successful investment.
However it's quiet hard when start capital is very small.
newbie
Activity: 1
Merit: 0
You can Betting in many games. You can also invest your half money for holding some good coin, top 20 on coinmarketcap, and half for trading.
sr. member
Activity: 572
Merit: 250
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
If you bet with that money you’re likely to lose it. If I were you I would look for a coin that is worth investing for a long time, like Litecoin, Bitcoin, ETH, Ripple and the rest of them I’m sure would bring profit later on. Invest in any of these coins now that the market is down and have Hodl for a long time till bull run comes and you can cash out a huge profit at last. Maybe you can buy BTC now and hodl.
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