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Topic: Crypto Trading or Online betting? 2k Usd budget. - page 6. (Read 19842 times)

jr. member
Activity: 60
Merit: 1
Focus on long term investing not daily trading!
I suggest to you neither... consider crypto investing. It might be a good time atm to invest in crypto, or anytime in the first half of 2019.
Why I say investing and not trading. Well because I think you will do much better if you make a position and wait 3 - 5 years before selling. Wait for new bull market to unwind, and try to sell when there is euphoria and everybody is calling BTC to go to 1M... this way you will probably earn more than if you actually regularly trade, but most of all you will stress less, and you will have plenty of time for your everyday things.
Except if you are trading professional, which you are probably not cuz you wouldn't be asking for advice here...
jr. member
Activity: 280
Merit: 1
Security and Privacy Features on the Blockchain
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?
Of course cryptocurrency trading is better than online betting games. I recommend you don't think about to play betting. Cause it is high risky and I've some experience about it. It is better to learn crypto trading properly.
sr. member
Activity: 882
Merit: 250
If you don't have even basic knowledge about trading, candlestick and technical analysis, and many others thing, then, I think, it should be better to choose gambling. There are more chances to win compared to the market Smiley
although we didnt have any skill, but please dont put your money into gambling table.its easy to run and need no skills.but our opportunity to earn profit was equal with our loss.
Gambling is the best source for wasting money. You can have good loss from it. So if you think you have got big money that needs to be remitted and wasted, bust it in gambling. Please wake up.
gambling is also the best source of earning a fast money but only if you are lucky enough  .  trading on the other hand is also risky just like gambling because you cannot predict the value's and the possible outcome of the cryptos and the market but if i were to suggest i think the op can better go in both activities  , he must allocate 30/70 . 30 percent for gambling just to try his luck and if ever he wons  ,then he must quit  imediately and cash out his earnings while the other 70 percent can go in trading for longer term .

I would never choose gambling even if I knew that the probability to win is very high. It is always a risk, and it is an addiction. Trading is a very good business that can help you earn if you are ready to work.
member
Activity: 546
Merit: 24
If I have 2K usd budget, I will buy it cryptocurrency. As of now, I can buy more altcoins because they are cheap right now. I don't know much about online betting and I don't want to try it unless I gain a lot in trading. Bear market is good for buyers, specially those who are waiting for the market to fall. Soon, ohr profits will arrive but right now, we need to buy more!
legendary
Activity: 1834
Merit: 1036
Given that the online betting is for sports, I guess there are more chances that you can grow your money there than crypto trading. In Sports betting, you get the odds who is the favorite and whos the underdog. You just pick which one will likely win with the help of of those odds. In crypto trading, you need to learn technical analysis or let someone do this for you. Problem with Sports betting and you bet at the one that is a favorite, returns are very low.
full member
Activity: 602
Merit: 118
Newbee here. Please guide me.

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

Both have risks and their respective benefits, but only the methods are different. For those of me who don't like online betting, I immediately chose crypto trading, even though trading is now a little less expected because market conditions continue to decline, but at least we can avoid these losses by holding them back.
member
Activity: 328
Merit: 10
www.daxico.com
Online betting is based more on luck than crypto which requires you to gain knowledge and experince first. But in all online betting has more to offer than crypto trading.
hero member
Activity: 1008
Merit: 500
You are still a newbie then maybe you chose online betting  Huh As this thread bumped to the first page after 10 Month, then I want to say to new people, never go for the betting! Betting is not for everyone, I have seen a lot of people who lost their Everything by playing bet game. Crypto trading is much easier than Betting. Anybody can buy BTC, ETH or higher ranking coins and then keep them hold for the future profit, But Online betting is different here. So, I would recommend Crypto trading, not online betting.
hero member
Activity: 994
Merit: 502
In my opinion it is more profitable to buy crypto currencies. By making online bets, you just play on luck and nothing really depends on you. With the purchase of crypto currencies, everything is different. Here you can influence your decision and change it depending on the circumstances. You can bought the currency, earned as much as you consider necessary and close the deal. Or if the price of the currency doesn't grow, then you can sold the currency and fixed a small minus. By betting you will not have such opportunities and you win or lose everything.
For example, if you buy Bitcoin, then in a year you will be very happy that you bought it, since its price will increase significantly. This is an example of behavior for lazy or very busy people. You just buy and wait.
If you have a real desire to consistently make money, then start exploring the necessary information for this. Invest money in good currencies and trade them.
sr. member
Activity: 854
Merit: 252
Newbee here. Please guide me.

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

If I were you, even you're still a newbie crypto trading is the good one for you to start, only invest for small capital while exploring yourself in learning here compare to online betting is much more higher risk than Crypto trading. Try also to watch tutorial in video on youtube or ask here in the forum besides many members here are accommodating to those who is asking about this things.  
member
Activity: 387
Merit: 11
Well, as far as Online betting is concerned, you are completely dependent on luck, as there is no skill involved. On the other hand, for crypto trading you have to more rely on skills instead of luck.
full member
Activity: 868
Merit: 104
Betting is noway can be compared with online trading, If you really want to bet keep a low budget for that like 100 USD, if your luck shines you can earn money from that 100 USD as well, online trading is a business, treat it like a business, like the amount invested, the risk taken and the reward calculation. If you are new to trading then try with a small amount, learn different analysis, technical, fundamental and sentimental, learn to make a plan, practice more and more than only you can earn from online trading.
member
Activity: 392
Merit: 12
Although, the market has been going down for some time, i would still recommend crypto trading. As the market is down, so the price is low. If you invest now it would be very profitable in the long run when the market goes in bull trend.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
If you don't have even basic knowledge about trading, candlestick and technical analysis, and many others thing, then, I think, it should be better to choose gambling. There are more chances to win compared to the market Smiley
although we didnt have any skill, but please dont put your money into gambling table.its easy to run and need no skills.but our opportunity to earn profit was equal with our loss.
Gambling is the best source for wasting money. You can have good loss from it. So if you think you have got big money that needs to be remitted and wasted, bust it in gambling. Please wake up.

gambling is also the best source of earning a fast money but only if you are lucky enough  .  trading on the other hand is also risky just like gambling because you cannot predict the value's and the possible outcome of the cryptos and the market but if i were to suggest i think the op can better go in both activities  , he must allocate 30/70 . 30 percent for gambling just to try his luck and if ever he wons  ,then he must quit  imediately and cash out his earnings while the other 70 percent can go in trading for longer term .
Yes I supposed. Online gambling can make you rich on instant but it really needs a one in a billion luck to be able to. Both trading and gambling is based on decision making you have and instinct of course, but trading on cryptomarket is much more skill requiring job since market is really uncertain and volatile 0 or 100. It is a matter of luck and wise decision making.
hero member
Activity: 1148
Merit: 504
betting for some people is an instant way to increase assets very quickly and this considers probabilities and luck, very different from trading which uses market analysis, market trends and also technical and fundamental factors. I suggest trading because it has a lower level of risk with a balanced profit compared to betting
I myself have a mindset that gambling is not a method for making profits, so I will not compare it to trade, gambling should not be used for the only way to gain profits and wealth because the results will not be predictable, you might be bankrupt at the end?
full member
Activity: 756
Merit: 102
If you don't have even basic knowledge about trading, candlestick and technical analysis, and many others thing, then, I think, it should be better to choose gambling. There are more chances to win compared to the market Smiley
although we didnt have any skill, but please dont put your money into gambling table.its easy to run and need no skills.but our opportunity to earn profit was equal with our loss.
Gambling is the best source for wasting money. You can have good loss from it. So if you think you have got big money that needs to be remitted and wasted, bust it in gambling. Please wake up.

gambling is also the best source of earning a fast money but only if you are lucky enough  .  trading on the other hand is also risky just like gambling because you cannot predict the value's and the possible outcome of the cryptos and the market but if i were to suggest i think the op can better go in both activities  , he must allocate 30/70 . 30 percent for gambling just to try his luck and if ever he wons  ,then he must quit  imediately and cash out his earnings while the other 70 percent can go in trading for longer term .
newbie
Activity: 37
Merit: 0
If you don't have even basic knowledge about trading, candlestick and technical analysis, and many others thing, then, I think, it should be better to choose gambling. There are more chances to win compared to the market Smiley
although we didnt have any skill, but please dont put your money into gambling table.its easy to run and need no skills.but our opportunity to earn profit was equal with our loss.
Gambling is the best source for wasting money. You can have good loss from it. So if you think you have got big money that needs to be remitted and wasted, bust it in gambling. Please wake up.
hero member
Activity: 1065
Merit: 510
If you don't have even basic knowledge about trading, candlestick and technical analysis, and many others thing, then, I think, it should be better to choose gambling. There are more chances to win compared to the market Smiley
although we didnt have any skill, but please dont put your money into gambling table.its easy to run and need no skills.but our opportunity to earn profit was equal with our loss.
Good suggestion!

Even if we dont have any skills on trading but making gambling as your next option wont really be ideal at all.Instead on making money
you would surely lose it out. Risk factor will be greater than on newbie on trading. Gambling can give you out instant lose of money.
sr. member
Activity: 980
Merit: 250
If you don't have even basic knowledge about trading, candlestick and technical analysis, and many others thing, then, I think, it should be better to choose gambling. There are more chances to win compared to the market Smiley
although we didnt have any skill, but please dont put your money into gambling table.its easy to run and need no skills.but our opportunity to earn profit was equal with our loss.
newbie
Activity: 82
Merit: 0
crypto trading will be safer than you have to do online gambling because it will make you lose and when you lose from online gambling, the assets you have immediately disappear, while when you use your capital to trade and when you lose your assets remain intact if you not sell at cheap prices.
I have the same opinion, it's better to do crypto trading than gambling online. If you are lucky to gamble with 2k USD you can 10k in quick time, but the chances of losing are bigger because in gambling the winner is the city. Gambling is one way to get poor quickly.
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