Hello guys,
Today I am going to share my own experience about gambling, forex & Crypto trading. Although i am new in the forum but Its already been 5 years that i am connected with crypto trading, forex & gambling. I think its like a puzzle for new users to take decision where to start or not. Many of us working hard to earn from online and looking for a reliable source of earning. For that reason i will try to describe my own experience with all of our new comers.
Gambling
Gambling is a popular source of earning. There's been a lot of gambling projects going on successfully. Its true that you can earn a lot from gambling if your luck is on your favour. Here you have a big chance to make it 2x,4x,10x and on the other hand your balance could be zero too.
Personally i will suggest not to engage with gambling without enough fund. If you have fund limitation than you can't cover your loses where big amount holders can do it easily. Many people beleive that if you maintain good strategy on gambling than you can earn a lot. But in real i think it has no value. As an example you put bet on bet365 where you select football team Barcelona on spanish la liga as your side. Yeah its true that Barcelona is strong enough to win but you can't be 100% sure. So there is no way to deny that gambling is nothing but a risky source of earning.
Forex
Forex is a famous source of earning for online investors. Millions of people worldwide connected with forex. From my experience its is a good platform to trade foreign currency. But it is to notify that without enough knowledge and experience you can't make profits there. where i beleive if anyone wants to engage with forex he/she should learn every single basic.
As an example i wish many of our users knows about IQ option. Its a broker of binary trading where you have a chance to make your fund 100x in a couple of minutes. But there's chances to make your fund zero too. Its kinda simillar with gambling. There's many brokers available in forex but you always have to put it on mind that your strategy & knowledge will play the main role.
Crypto Trading
Crypto currency is showing its power to all over the world. Where its already been a favourite destination for online investors and traders. There's been a lot of advantags in crypto trading for a new user. Crypto trading have got lower amount risks than gambling & forex. Where in gambling & forex you always have a chance that your fund can be zero. But in crypto trading you can get notifications from exchanges if any of your purchased token or coin going to be delisted. There's always a chance for you to recover your fund.
Yeah as like as other source of earning you need your own strategy, knowledge & experience for crypto trading. Its a place where you can invest and hold an established coin easily for your future profits.
Honest Review from myside:
I want to say for our new comers that its not an easy task to earn from online. Before invest somewhere you should learn regarding knowledges about your targeted source of earning. I beleive its your skill, strategy, and experience will guide you to your bright future. Personally its been a long time I left gambling and also not so regular on forex now. In recent time i am totally spending time with crypto trading. As a trader I beleive its a golden chance to make a entry on crypto world. Its going be a wise decision to invest and hold crypto IMO.
Great points, and I would add to that, that gambling is by far something that could be improved by a lot in the sense of odds and transparency in the industry. There is a reason people lose SO MUCH MONEY in online gambling. Because odds are stacked against them.
And frankly, that's not even HALF the problems gamblers face.
What about:
- Withheld bonuses
- Account restrictions due to locations
- Hidden fees (withdrawal fees)
- Withdrawal restrictions
- Limits and slow processing speed of payouts
- Risk of fraud
We think of the gambling industry, and say "Oh poor Charlie" just when it comes to the losses. But what about the daily struggles they face practically?
Blockchain can come in and literally save the gambling industry and generate new profits for everyone. I don't think it's a matter of gambling VS forex VS stock trading.
Gambling is its own thing, and can be very powerful for people. If Blockchain were inserted into the gambling industry, you wouldn't even be trying to compare it to forex trading, stock trading etc. Because it would be its own unique thing - just un-comparable.
Hope that helps!
