Topic: Online Gambling 'or' Day trading cryptos- Which one is more lucrative? (Read 961 times)
July 27, 2021, 03:40:39 AM
These are both online earning methods. Some peoples like gambling because they wanted to get rich with low effort but it is a highly risky game. But some peoples want to earn money with consistency and in a professional way those peoples choose this way. But trading is a secure and professional way of earning money through crypto market. Everyone has its own choice. But i like day trading for earning money through crypto market
April 17, 2021, 09:38:46 AM
I think that was obvious to see. And since I also engage into both of them, I could really say that trading is more profitable but of high risk.
Gambling needs luck in order for us to win and with some application to the gambling skills which is far different from trading where we don't need luck. Maybe sometimes we ask for it but not necessary.
The good thing about trading is that if you are good in TA's, deep knowledge in trading, and have good strategies, it for sure you will gain profit. Unlike if you are in gambling, cos even though you are an expert but we still rely on hope and luck especially for card games that mostly never comes to us.
Gambling needs luck in order for us to win and with some application to the gambling skills which is far different from trading where we don't need luck. Maybe sometimes we ask for it but not necessary.
The good thing about trading is that if you are good in TA's, deep knowledge in trading, and have good strategies, it for sure you will gain profit. Unlike if you are in gambling, cos even though you are an expert but we still rely on hope and luck especially for card games that mostly never comes to us.
April 17, 2021, 03:41:11 AM
in my opinion, I would definitely prefer trading than gambling. Speaking of gambling, I still gamble seldomly but I have had numerous unlucky encounters with sports gambling to stay away from it. Humans are the most complicated creatures to predict. Instead, I prefer casino games. Since there is no emotions but luck it will always be my choice of gambling.
The both things you have mentioned carries risk and you can lose your money while you’re doing any of these, although the way they work is totally different; I would say that casino and the rest of them are relying on luck while the trading is all about doing analysis and knowing what can be the outcome of the market next, but you can’t be 100% sure that that it is, but you will know that there is the possibility of that such thing happening.So the both of them has risk, but I do hear more of bad stories when it comes to gambling, although I have also seen people who were very lucky and won huge money that changed their life, but I wouldn’t say it is lucrative. Just go for trading, but you can still be trying out your luck in casinos if you wish.
April 16, 2021, 10:48:16 AM
Both are lucrative, whatever you choose between the two of them you can earn or not it depends on your choice.
Now, when it comes to the percentage of risk of course gambling is much more higher than day trading. Due to in gambling
most of the players depend their profit to their luck or fortune while in day trading is not, because there is skills and technical
analysis involved based on my own perceptions as an individual traders here in crypto space.
- Objective perspectives will allow us to feel that both are lucrative but real tests or even without our own experience, just looking at the results of others, we still know the risks in gambling are significantly high. It can even be said that gambling is not profitable, it only produces a high percentage of losses whereas for day trading, we will have a very relative failure and success rate and without too great a limp, even the odds will be improved due to improved management skills but this will not exist in gambling, the failure rate will always be maintained at a record number. Now, when it comes to the percentage of risk of course gambling is much more higher than day trading. Due to in gambling
most of the players depend their profit to their luck or fortune while in day trading is not, because there is skills and technical
analysis involved based on my own perceptions as an individual traders here in crypto space.
April 16, 2021, 12:52:14 AM
Both are lucrative, whatever you choose between the two of them you can earn or not it depends on your choice.
Now, when it comes to the percentage of risk of course gambling is much more higher than day trading. Due to in gambling
most of the players depend their profit to their luck or fortune while in day trading is not, because there is skills and technical
analysis involved based on my own perceptions as an individual traders here in crypto space.
Now, when it comes to the percentage of risk of course gambling is much more higher than day trading. Due to in gambling
most of the players depend their profit to their luck or fortune while in day trading is not, because there is skills and technical
analysis involved based on my own perceptions as an individual traders here in crypto space.
April 15, 2021, 11:13:35 PM
This comparison is very lame. The benefits generated from gambling is not the metric to compare with day trading. Even so, the gambling profits will be very high if you have your Patronus with you. Intraday trading has the same standards of calculation and thinking, along with careful analysis. It doesn't rely much on luck. There is no absolute concept between gambling and commerce. it has nothing in common.
On the whole, I agree with you that the comparison is not entirely correct. However, it is still possible to carry out a certain parallel. Namely, that during trading, our task is to predict the trend in one direction or another. At the same time, in gambling, our task is to predict a certain course of events (although this cannot be applied to all casino games). Therefore, there is still a connection. Gambling is simpler, but also much more risky, in trading you need to spend a lot of effort to make it profitable.
In gambling everything is given to luck, if you are very lucky obviously you will have a gigantic profit, but if you are not on a streak the losses are also huge, in trading conditions change because theories are established that can occur, and so " random "and" luck "do not represent the highest percentage.
In the trade, some who enter gambling are lucky, but when their luck runs out they usually experience the greatest failure they can bear, what differentiates from gambling and trading is that trading you have more control and the chances of winning are much higher that gambling, each movement is the absolute responsibility of the trader's analysis and if he wins it is because he was correct, if he loses it is because he really did not know how to have the correct vision of the trade, that is where the difference between gambling and trading.
April 13, 2021, 05:21:01 PM
This comparison is very lame. The benefits generated from gambling is not the metric to compare with day trading. Even so, the gambling profits will be very high if you have your Patronus with you. Intraday trading has the same standards of calculation and thinking, along with careful analysis. It doesn't rely much on luck. There is no absolute concept between gambling and commerce. it has nothing in common.
On the whole, I agree with you that the comparison is not entirely correct. However, it is still possible to carry out a certain parallel. Namely, that during trading, our task is to predict the trend in one direction or another. At the same time, in gambling, our task is to predict a certain course of events (although this cannot be applied to all casino games). Therefore, there is still a connection. Gambling is simpler, but also much more risky, in trading you need to spend a lot of effort to make it profitable.
April 13, 2021, 04:22:46 PM
It's hard to distinguish between those two, It will all depend on the person on which of those two is he better at. We can all agree that trading has less risk than gambling though trading takes more time to earn profit compared to gambling. You can possibly gain a one-week trading profit on a single-day gambling session, That is how fast you can accumulate profit on gambling. It is just hard to know what is the most lucrative on both trading and gambling. There are many factors to consider like luck, the person who is doing trading/gambling, The amount of capital, current scenarios, and many more that can affect the activity of both gambling and trading.
We can make our own jurisdiction on things and its eventually obvious on which one is better and what are the things which are intendedly or just in sole purpose on why its existing.Being lucrative does talk about simply on being profitable and both could really give that thing but the odds on what they would mainly differ.Trading can possibly give out on long term runs but
the intensity isnt that much the same on gambling which can give instant.
These things does have its own sole purpose of existence.One is for pleasure and one is for money making or profits.
April 13, 2021, 12:54:11 PM
It's hard to distinguish between those two, It will all depend on the person on which of those two is he better at. We can all agree that trading has less risk than gambling though trading takes more time to earn profit compared to gambling. You can possibly gain a one-week trading profit on a single-day gambling session, That is how fast you can accumulate profit on gambling. It is just hard to know what is the most lucrative on both trading and gambling. There are many factors to consider like luck, the person who is doing trading/gambling, The amount of capital, current scenarios, and many more that can affect the activity of both gambling and trading.
April 13, 2021, 12:17:30 PM
For me it’s day trading, especially if you’re really good at it. It’s easy to make profit when you day trade and you know the coins you want to trade them on. Unlike gambling, let’s say you gamble daily and chances of getting profits out of the amount of money you gamble are low; there is a great chance for you to lose all the money you gambled in online casinos whereas in day trading. If you just trade it with the right cryptocurrencies for sure the money you invested won’t be zero compared to gambling.
April 13, 2021, 11:38:51 AM
This comparison is very lame. The benefits generated from gambling is not the metric to compare with day trading. Even so, the gambling profits will be very high if you have your Patronus with you. Intraday trading has the same standards of calculation and thinking, along with careful analysis. It doesn't rely much on luck. There is no absolute concept between gambling and commerce. it has nothing in common.
Yeah, I too think trading is more lucrative than gambling. Imagine someone who is poor and gambling, do you think they will be able to get out of poverty through that gambling? Nah, that doesn’t seem like it’s possible, because they will be losing and also wasting the little money they have in that gambling, and when they make wins it’s usually going to be just some little change, while they continue waiting for when luck will shine on them, and of course it does shine on a few people sometimes, maybe like 10% out of 100%.As for trading, yes it is also difficult, but there are people who are very good at trading that they turn it into their day job and they are making a living through it, but you can’t be make a living through gambling, like turning it into your day job and going to the extent of quitting your job, gambling is something you mostly do for fun.
April 13, 2021, 02:23:19 AM
If someone says online gambling is more lucrative than day trading, it means that the person is really addicted to gambling, because I believe
there are many people who know gambling cannot be used as a source of income. I am very happy with the market conditions since the beginning of
this year it continues to be bullrun, so it makes it easier for me to get profit from day trading. Whereas online gambling I only think of it as
entertainment, to relieve stress from the workload.
there are many people who know gambling cannot be used as a source of income. I am very happy with the market conditions since the beginning of
this year it continues to be bullrun, so it makes it easier for me to get profit from day trading. Whereas online gambling I only think of it as
entertainment, to relieve stress from the workload.
April 13, 2021, 01:58:23 AM
Day trading cryptos is more lucrative than online gambling because if you carry out your personal research very well, it will hard you to lose from that trade you are trading in the market. During the pandemic many traders made a lot of profit from their day trade when the price of bitcoin hit $50k compare to gambling that you play with luck and the end of it you are not happy with the results you got from your gambling.
April 13, 2021, 12:47:14 AM
This comparison is very lame. The benefits generated from gambling is not the metric to compare with day trading. Even so, the gambling profits will be very high if you have your Patronus with you. Intraday trading has the same standards of calculation and thinking, along with careful analysis. It doesn't rely much on luck. There is no absolute concept between gambling and commerce. it has nothing in common.
April 12, 2021, 09:18:31 PM
The higher the risk is, the higher potential of having profit there is. Gambling is most likely based on luck while day trading you can apply skills and knowledge if you have
April 12, 2021, 12:59:19 PM
Day trading is much better online gambling, in trading you analyze which token will be rising,you perform short trades and long trades which is holding. Online gambling using bitcoin is much risky if you are lucky then you should gain lot of money but its much risky than trading. Better trading than online gambling.
When it comes to risk then nothing beats out with gambling and we know that trading could really be able to handle out if you do really know on what youre doing.Hence, trading is something that can really be dealt in long term and this is some sort of occupation or thing that you can rely upon if you do able to sustain and gambling
is just for entertainment.You can actually tell the difference.
Both could be lucrative.It is just a choice wether you do go for something a real money making or with just enjoyment or leisure thing.
April 12, 2021, 12:48:00 PM
Lesser risk in trading if you know what you are doing, if you completely understand the market, else, it just like gambling where you are just leaning with your luck and if that's not favor your way, it will turns out losing your investment.
It's gives you more opportunities in terms of extending or adding more chances of earnings, unlike with gambling after placing a bet
you only need to wait what outcome will how up.
A time frame is essential in discussing which is more lucrative. If it will be based daily you can earn more into gambling since its more about luck and less of a chances where in trading you manipulate that chances for your favor, you can earn as much as possible in gambling instantly as long as you're not scared of losing. The conclusion is gambling gives more profit but has higher risk while day trading gives you more chances of earning and less risk.
You can always wait for the bullish trend and withdraw for profit. There is always a chance for some crypto currencies to go bankrupt but one is less likely to encounter such downfall with a bit of research.
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This makes day trading for me more lucrative, it doesn't necessarily give you more profit rather it gives you different paths to manipulate your capital while in gambling you only have 2 end roads which is either profit or loss.
It's gives you more opportunities in terms of extending or adding more chances of earnings, unlike with gambling after placing a bet
you only need to wait what outcome will how up.
April 12, 2021, 12:34:43 PM
This choice is both individual comfort and convenience. There are three characters, first people who like to gamble but do not like crypto trading, on the other hand there are those who like to trade crypto but don't like to gamble, and the third like both.
well here in general, people will say that gambling is much more profitable because it only takes once or twice a slot can have a large nominal multiple, but we can't say which is better, because everyone has their own preferences. Likewise, they feel much more secure and their financials will not decrease, in other words, trading crypto is relatively low loss. So there are similarities and differences between gambling and trading crypto. all have their own advantages and disadvantages. and I personally like both of them, even though I'm not too good at gambling, I always try new things at the risk that I agreed at the beginning.
well here in general, people will say that gambling is much more profitable because it only takes once or twice a slot can have a large nominal multiple, but we can't say which is better, because everyone has their own preferences. Likewise, they feel much more secure and their financials will not decrease, in other words, trading crypto is relatively low loss. So there are similarities and differences between gambling and trading crypto. all have their own advantages and disadvantages. and I personally like both of them, even though I'm not too good at gambling, I always try new things at the risk that I agreed at the beginning.
Agree, someone's view is different. Between gambling or day trading it can't be said which one is more profitable, but everyone must have a different opinion about the two options. As he said, some like one of them and some like both. In my opinion, both options are mutually beneficial. But I prefer day trading to gambling, I tried it and made a profit, but, somehow, in this way there is a mismatch for me, it's hard to explain. But indeed, that feeling could not be deceived, as if there was a sense of discomfort in my mind when making profits through gambling.
Coming back to our own preferences or favorites, both methods are mutually beneficial if executed correctly. Discussing about the advantages, namely the advantages and in every way must have drawbacks too. Both methods have their respective advantages and disadvantages, both gambling and day trading. Choose according to your convenience, sometimes we also need to try both, just to know and feel how gambling is? what about day trading ?. From there you can distinguish which of the two is better for yourself. Good luck !
April 11, 2021, 03:13:52 AM
A time frame is essential in discussing which is more lucrative. If it will be based daily you can earn more into gambling since its more about luck and less of a chances where in trading you manipulate that chances for your favor, you can earn as much as possible in gambling instantly as long as you're not scared of losing. The conclusion is gambling gives more profit but has higher risk while day trading gives you more chances of earning and less risk.
You can always wait for the bullish trend and withdraw for profit. There is always a chance for some crypto currencies to go bankrupt but one is less likely to encounter such downfall with a bit of research.
This makes day trading for me more lucrative, it doesn't necessarily give you more profit rather it gives you different paths to manipulate your capital while in gambling you only have 2 end roads which is either profit or loss. April 11, 2021, 12:56:31 AM
Day trading is much better online gambling, in trading you analyze which token will be rising,you perform short trades and long trades which is holding. Online gambling using bitcoin is much risky if you are lucky then you should gain lot of money but its much risky than trading. Better trading than online gambling.
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