Topic: Digital options - Gambling or trading? (Read 372 times)

Gambling is not just for entertainment but you can also earn a profit on them because you are using your money or your cryptos as bets . you can win or loose depending on your luck and skill .  yes skills do involved in gambling . didnt you see that there are methods and strategies out there ?  Same as trading . skills and luck are both also needed   . in terms of difficulty . id say both are not easy  . its hard to profit on both acts but both are verry rewarding and satisfying once you manage to earn .

Trading is easier for me because you can observe predictable patterns or trends.  I make profits on most of my trading cryptocurrencies...  I don't know if it is that easy for gambling

On any things that do involves earning money do really have that corresponding risk factor on losing out yet it do always needs some funds for you to earn money came from the money you have invested.
Trading is like gambling in the sense that you are doing it without any proper skills and gambling is just basically an another thing.

What is even more funny is that since luck is a factor, sometimes those who are not that good are doing better than those who are the best, and there are cases when those who are the best are performing worst of all.

There are several topics here saying that trading is very similar to gambling, and I agree with them. And this is not only about trading crypto or stocks, this is about any activity with which you can potentially earn some money.

Gambling is not a way of making money even if it is available at more convenient in these days,it just the growth of entertainment on our hands so use it in the appropriate way.

Trading can be quite same as gambling but not luck based gambling it needs lot of skills and can quit as well when we don't want to lose much of our capital if the market is down.

Trading is like gambling as well, taking risk without assurance in gaining profit when you invest BUT compared to gambling its way safer to put your money since its not associated with luck only. You must have knowledge and skills to prevent yourself from investing in shitcoins or failed project.

Both has risk but gambling is more on luck unless you're into sports betting wherein you need to have a knowledge in the particular game that you want to place your bet.

Well they might have similarities but if you think about the way how to deal with both, you'll realize their differences and its up to you of what you think is more profitable when you engage yourself.

Agree, it's a bit scary, even if you are a seasoned gambler or trader. That rush and then the sudden lost of money could have a impact on your emotions. So I don't go with that option, I would rather gambling on dice sites because it's not that stressful and has a higher chance to win.

I think which it is make it as gambling is when we lose, we lose all our bet. And if in trading, we sometime can minimize our loss and then can postpone our loss and then can make profit with it. In gambling when we lose, we just lose and opposite thing about it.

Two worlds that seemingly is similar but are worlds apart in terms of nature. Digital options may offer an option where you can speculate the price in a given time frame but there are internal and external factors that can be considered in order to verify your assumptions. Furthermore, people develop techniques and skills in every trade successful/fail trade they do since experience contributes to it.

Unlike in gambling, there may be techniques (i.e probability, etc.) to lower the risks but everything revolves around luck and the odds. Not to mention, there are various negative implications that an individual can succumb into in the long-run.

Digital options should be trading cause gambling can be at anywhere but trading is the same as gambling I mean loss rates are small in the trade but still loss yeah, big or small still loss it right so similar in terms of profit and loss.Trading actually waiting for the order and gambling is a game without playing we can't get a win or loss.

There's not much different on all the options that you've mentioned, it always comes down to invest what you can afford to lose, and you should no regret on how you play the game win or lose, the negative impact will only come if you are an irresponsible gambler or trader who cannot control how he plays.

According to this:

Digital Options Definition


We only need to predict where the price moves, is it up or down and then we place the trade. And if the trend is up and we place the uptrend, then we are making a profit, but it depends on how much price we want to close the order. I think it's almost similar to leverage trading, but I do not quite understand the difference.

But digital options can be gambling if we don't have analysis to know where will the price moves. As long as we can calculate the chance for the price up or down, we can make the analysis, and we can predicting the trends base on the market, I think that still trading. It will be back on how we can manage the money we use in digital options, trading, or gambling, so we know how bigger money we are trying to risk.

  Gambling and trading are both risky to be penetrated, we have to be knowledgeable, skillful and wise on every deliberation we create. Somehow, both has a huge contribution to every investor on which can give profits and wealth. But it all depend on how we deal the possible outcome, because if we are lack of informations about the two aspect, then accept the consequences and loses.

Do you think gambling doesn't require research?
I think the right way for a newbie is to learn everything first related to what someone needs in playing gambling. At least, he must know well what "dos and don'ts". A newbie starts playing gambling with random ways will be too risky and lead to failure. That's why he needs research and a good understanding of gambling firstly. [IMO]

Trading and Gambling is indeed a big contributor to the velocity of money in the world of cryptocurrencies. The nominal outstanding amount is very large, especially because of the presence of cryptocurrencies that provide convenience and flexibility. In my opinion it depends on everyone's ability, when they are able to do both then it doesn't matter. But most people just impose and in the end they are not able to exercise good control.

In trading maybe it takes a long time before you start in trading because it needs for you to research and having any technical analysis in the market to study the price movement. While for me gambling is you can start with it even you are a newbie on gambling. However, these two choices are very profitable, so if you have enough time you can do these things both.

Gambling is not that profitable and not a good source of income though of course if you’re lucky then you can earn in gambling. Trading is better because you deal with the real numbers and using your strategies. Time management is really important, you can be mode effective if you know how to use your time well.

Digital options definitely seems just like gambling for me but in a different format and I am pretty sure that the price is somehow manipulated in order to the owner to get profit everytime and only a few people to end up in profit. I mean, how could you determine what's going to happen with the price in the next 30-60 seconds? It's pure gambling

The two option or choices how to earn in digital crypto currency are both profitable but it's depends on the people what is fit for their capabilities, but most of them investing in gambling or working in trading by using time management.

Trading in general can very easily become gambling if you're making trades simply off of emotion and nothing else. Newbies tend to be attracted to high leverage at first starting out on a exchange like Bitmex, and this can result in your account being liquidated in minutes when a wick goes one way or another, and you should try to limit leverage to a max of 10x or 25x if possible. Trading options is purely gambling and you should avoid options if you're trying to make a profit trading, but if you want another way to gamble, options is a great choice.

Indeed, all are basically very strong skills or interests, both are very good if they have good knowledge so that they are all deepened themselves, for me both of them are very complicated for everyone to demand and think which strategy is good but if compared to trade is superior in the case of difficulties, everything goes according to the market conditions that occur, then both can be measured in their respective styles.

Both options are taking a risk but on this situation, we need to consider how long you have been known crypto. Then if you have good knowledge of having technical analysis on crypto price then you can go in trading. Because that needs fundamental skills and dip research before you have earned in trading. Unlike, gambling even you don't know what is bitcoin as long as you know how to gamble dice or casino, then you can earn from it and probably it will need luck too. But for me, I prefer to gamble than trading.

This is basically Binary options on where you do set out or predict on where would prices would go into a particular time frame or duration.Yes, it is somehow sort of gamble due to short period decision making but
this isnt actually compared to gambling yet you can make some analysis on where would prices possibly go on next duration unlike on gambling where you do fully rely on luck on the outcome and thats the difference among the two.

Trading and gambling is two different thing but if you are trading without knowledge or reading the chart then you could consider it as gambling.
Gambling is a game of luck and strategy while trading is about experience and knowledge.

A high Provability that you can accumulate more money in trading than in gambling as you said it yourself is a high possibility and I can not understand either why there are so many people that put their trust in gambling then frowning in the end when they hadn't accumulated their desired earning, Then that person mindset is very wrong towards gambling because when you enter gambling don't forget of the risk factors involved in it, Don't make a sudden desire that you can win and accumulate earning towards it because it will be at random,

While in Trading there is yes risk as well but the factors of seeing its movement are very high, You can surely check the graph when it forms a candlestick you can see the news it there are a positive or negative factors regarding it, Yes it has risk and unpredictable But you can research and check a possibility for its outcome.

Gambling is more of luck compare to trading. Actually, i had tested the two part of the digital options and have come into conclusion that, better to stick to what you know and understand than what you don't. Gambling has been my most favorite option in the digital world because of my luck whenever i play on gambling platforms. Trading has made me incur expenses that nearly brake me apart, so, gambling is my option.

I have read Op but I can't exactly narrow your argument as to if you are making a comparison between gambling and trading. Of course, gambling is what it is. Trying your luck even when sometimes, you know you won't win  

But trading for my view involves a directional projection guided by some apparatus called technological analysis, fundamental analysis or and sentiments.

But this is also the area in which people are losing huge,greed is not found in every human because the ratio of greedy people and not are not alike.still many of us can manage our eagerness to win while greediness manage us only to lose
No wonder why gamblers always lose their money because of greediness

I think you do not understand what is being discussed here. It is not about preferences between gambling and/or trading but it is about digital options or binary trading.

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For me binary trading is like a combination between gambling and trading as we are predicting the price will go up or down in specified time. To predict the price, it requires some knowledge and analysis like what we usually do in normal trading but in result is like gambling (only win and lose). No chances to do something to avoid lose like what we have in trading.

I will take Trading even though it is boring at some point but I don't see it as a game, as it will be much safer than gambling. Although if you want instant win or lose then everybody should be gambling right now. It doesn't really suits the case where we all want to be rich in an instant without any risk taken. Well for other reasons such as depression and whatever might be the problem that triggers a lot of pressure in us we most likely what to spend our time to either drink, girls, gamble and all of that are staple in one places.

Yes it's just pure gambling based on the exchange rates, it's really not at all like trading, since you almost can't make informed decisions in such a short amount of time.
I'd be pretty wary of the companies that offer services like these, there are lots of scams floating around.

Gambling and trading is both good depends on the people what is better. They have cons and pros of choosing one that.  You will earn money in trading and gambling but in reality you can also lose money if you do not know how it workrs properly we are different thingking about that and we neee to be respect other choices.

I like gambling but I don't like trading and I don't see them as similars.Trading involves you thoroughly and you need to be updated in realtime with markets, forex and commodity prices before deciding on what to do.

In gambling you don't need this, whenever you feel like you need to gamble you fire up your browser , go to your favourite casino and start playing.For me trading is stressful compared to gambling.

I share your sentiments actually.  Indeed, Bet365 was infact the first place i saw it also.  For me, the Turbo mode option is quite scary, i'm not a seasoned gambler or trader.  The way i see it, its much more a gambling on an off chance of being correct within such short time frame. 

id say trading is the most prefer by people because its less riskier  . if the coin drops , you dont loose permanently not unlike to gambling that if you loose you already loose permanently  .  if you have balance left you can recover your losses but the chance is fairly slim  .  however im also aware that others will say that they go for gambling because gambling does not require a good knowledge and skills  that you must need to posses before you can do trading  .

Ive seen this option on Bet365 and a few other sportsbooks and they are similar to day trading I feel. I used to bet on it a couple of years ago but it is hard to predict generally speaking. I'd say Dice is easier and has better value in gambling digital options.

Digital option is pure scam. It is neither trading or gambling.
In gambling you still have insight that this team can win but in binary trading you dont have a single clue what you have is greed to earn or multiply your money.
Kindly be away from such schemes.

You are right at same point.
I remember myself when I was full on gambling and eventually lost the funds that I had for gambling, to turn to investment opportunities such as trading. For me, people will still prefer the traditional gambling because anyone can gamble. Trading needs knowledge if you want to perform efficiently.
But, yes I can agree that all digital options are a type of gambling.

Greed is found with each and every human being. Out of greed people have lost through gambling as well through trading. These two were the top contributing industry to the growth of cryptocurrency, also these were one on which people get good earning upon the risk taken investing big. In this regard users focus on both these for the betterment and for long lasting.

I see that you have something to point out and your argument is fulfilling the Reader's curiosity. On the other hand I think we shouldn't choose between trading or gaming since both of them are useful and helpful in terms of gaining profit. In trading, it allows you to explore and be involved about digital projects that companies is trying to advertise while in gaming it allows you to explore different ways how to enjoy and entertain yourself while pursuing your luck in it. Though the stated features of the two were good enough for us to pursue it specially the gaming, we can't expect to have luck at any time, it's you who needs to execute different strategies to prevent multiple losses ,and that's what I usually do whenever I play into an online casino which is Vegas casino  playing variety of games that I love with proper moderation as well as enjoying their great deal of welcoming reward just for doing my deposit into it.

I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  .  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?