Pages:
Author

Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading! - page 6. (Read 800 times)

legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
Thrilling. I agree with that.

First off, trading actually gets boring once you get used to it unlike how it is with gambling.
You on the other hand are in horse racing so I think you will also understand sports gamblers because it's just the same that we have picks on what horse we want to win. Boxer in boxing, Fighter in MMA, Teams in Basketball, and so on.
The difference is we feel the game whenever we watch them while our money is on the line and there's a part that we cheer our lungs out while we feel the heat of the moment. That never occurred to me in trading and I don't think it will, ever.
I have been a sports gambler for a long time but until now I still get that feeling of being hooked with the game and I try not to miss one. Sometimes I watch 3 games in one day when there are so many listed.
I never get bored yet and I don't think I will. The gambling part adds so much flavor to make sports more entertaining.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
LE as I am reading the replies
Maybe thrilling was more appropriate than entertaining so feel free to use that!

As it seems I'm the only one betting on horse racing around here we need a bit of intro for this

So, two races out of 4 done by 12:18 GMT time and both horses I was backing, favorites,  Hunters Yarn and  Kourosh dropped their jockeys at the last hurdle, the first did it while being in the lead by 10 lengths, the second when battling for the first place, lost a bit on them and probably more to come as I'm 1 out of 5 bets right now but I didn't feel any remorse or regret or anything like this, moreover I feel really good because I saw some really entertaining races with a change in the last moment.
If you put it this way, it is quite thrilling especially that it gives one that thrill but the thing I hate about such sports such as horse 🐎 racing is that it takes away your emotions in the long term which affects your social well-being with people around you..

Btw which race course was this, would like to look at the racecard...

On the other hand, whenever I trade even if it's just small, really small positions and I lose a few $ I feel bad, I always tell to myself why I even bother to do it.
The thing about trading is that losing is part of this game,  and to succeed you need a tried and tested strategy to survive otherwise you will keep losing.

Btw to trade you also need to take away emotions from the equation as price could be going against you and the second you close a trade prematurely to save money that's the very second price turns into your direction and this is the kind of trading to avoid...

So hear me out:

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.
Someone this isn't a valid reason!!!

What you described is swing trading otherwise you want trades to be settled within a day or short time frame then go for lower time frames like the 1hour, 15minutes or 1min or possibly even the seconds timeframes....

So prove me wrong (if you think I am), what am I missing?

For me I enjoy both worlds, but if you say gambling over trading is your preference then it's either you haven't allowed yourself to perfect your strategy or you bias on this...
legendary
Activity: 3500
Merit: 1354
First of all gambling and trading are 2 different things so basically it is not apple to apple if we compare both.
Secondly, gambling can be something more stressful if we out of control both emotionally and financially.
Finally, it is all about preferences because some people may enjoy more on trading than gambling and some other people feel the opposite.
And some may feel relaxed and entertained with both gambling and trading.
hero member
Activity: 2002
Merit: 534

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.


This is a good summary of the difference between trading and gambling, but I think you can get entertainment from both of them equally. Both trading and gambling can be done freely whenever we feel like it. There is a difference between building a long term crypto portfolio where we don't need to do much trading and can enjoy watching our balances grow, and a more risky short term portfolio where we need to be more active and trade regularly. The big difference between gambling and trading is that with gambling there is no coming back of a failed bet. Once we place our money we quickly know if we won or lost, there is no in-between. This can be entertaining if we win, but once we lose all our money this is devastating. In trading we still own the coins and don't need to sell at a loss, there is still a chance for the next bull market to recover our positions. So, for small amounts gambling might be more entertaining, but for large amounts and our savings I would always prefer trading and building a large crypto portfolio.
sr. member
Activity: 1778
Merit: 309
With gambling you can feel the thrill, and excitement especially if you win the games but sometimes you also get stressed and keep overthinking what the outcome of the game will be. If we talk about trading, on the other hand, part of you will be sad and the feeling of exhausted because you daily check the situation of your account. If it is the state of your money gone high or low? But you will also be happy and rejoice when the market price increases.

So overall, gambling and trading can't be far apart because they have the same goal. You as the investor or the bettor and them as the instrument to give you profit and give you the thrill and problem as well. The problem because the moment you invest your time in this kind of money-profit thing, you have no choice but to finish what you have started.

 Just remember to be a responsible gambler and a trader.
sr. member
Activity: 490
Merit: 346
Let love lead
Gambling and trading have different motives that drives them, trading is approached with the money making mindset and gambling is with a fun catching mindset. A man cut out to make just money is having less fun, if at all while making money. Trading also comes with lots of restlessness and panic and personally, I don't find that interesting at all.
Gambling on the other hand helps you relax and ease off stress bearing in mind that you're there to catch cruise and nothing more, and personally, I have little or no expectation from gambling which maintains me on the fun side of it. Most times, I gamble just to see how accurate I'm in predicting outcomes, and that's all.

Gambling is more fun inclined when you set out on it with the right motives, but beauty surely is in the eyes of the beholder.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
You can lose money on both but when it comes to the level of excitement, trading is nowhere near gambling, one of the reasons why people gamble is because they want to be entertained, but you cannot find someone who trades for fun, they only want to make money when trading so if you're going to create a poll I doubt if trading will win, trading is for serious people who wants to make money in the market, it takes a lot of effort and time and it's not fun doing this compared to gambling, in gambling you can just bet and forget and let luck play its.
You cannot do that in trading because in trading there are a lot of factors involved you're just throwing your money without any chance of profit if you just pick any trading pair.
sr. member
Activity: 1313
Merit: 302
Well it surely is more entertaining as by doing trading you get nothing as an emotion,sure you get that feeling I find it right and I won some money in the best case scenario while by gambling you are enjoying the graphics,music and theme of the slot,when you hit the bonus round and expect to win huge it is a feeling that you never will encounter in any trading session.

Trading is a whole lot more like sport betting as in there even when you bet you don't get more entertainment than in trading,you just place your bets and wait for the outcome,just like in trading you do your calls and wait for the outcome.

The trading will have the separate thrill and benefit,but the gambling had their own audience over ten decades because of it’s unique features.In general,the gambler was forced to loss some dollars in the gambling site.But still the gamblers will back to gambling in a week time,do you know what is the reason for it.Because the gambler will get the good entertainment in the gambling site.Some other gamblers will back to gambling site to recover the old loss occur in the gambling site.

Gambling is basically an emotional addiction especially in my case I consider it as the only source of entertainment. I never take gambling seriously outside of entertainment. Especially one day a week I only bet on sportsbetting. But when I get enough free time, I gamble two or three days a week. But I never consider gambling as a source of income.
However, trading is one of my main sources of income for my bitcoins. I keep myself connected with trading regularly and to say that I manage my family support as well as my study expenses mainly through Bitcoin trading.

The gambling addicted person should play the game for the joy with few dollars.So his addiction also fulfilled and only few dollars will be the loss for them.But if the gambling addicted person play for the longer time with huge dollars,he may loss all the dollars and start to get loan from their friends for the next game in the gambling site.
sr. member
Activity: 980
Merit: 282
Catalog Websites
This OP is true to a limit but I'll disagree to an unlimited point. Trading, when responsible, is managed and risk is reduced to its barest minimum.
Gambling, on the other hand, is not like trading. It has more to do with luck than skills which is the basic for trading. You also know what you are to loose when you set your parameters right but it's not the same with unhealthy gambling.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.

So prove me wrong (if you think I am), what am I missing?


It's all about our perspective,

About sports betting my perspective contradicts completely with yours because if I bet on something it adds a bit more extra pressure in the back of my mind which can ruin the experience of watching the game, we just expect all the time the result should be in the favor of our side even if the bet amount is negligible because that's the common psychology of human we don't really like to lose.

Trading, we get to choose to be feel relaxed if we don't rush things and long-term trading is no stress once we fix how much our target price to be and open the trade and wait until it hits it which could be days or weeks but we know what is going to be the outcome of it. Cheesy
STT
legendary
Activity: 4102
Merit: 1454
Gambling is supposed to be for entertainment, both have a costs and risk to them but I'd say obviously the gambling is supposed to be more fun.  Trading is in theory the work end of risk vs reward gambles, theres a fair comparison between them but in trading you will find your competitors are deliberately trying to trip you up and give a false perception.  Gambling is far more the game vs the people rather then each other, sometimes like Poker is vs each other but still I'd argue knowledge of the game with experience is your greatest challenge.
hero member
Activity: 714
Merit: 521
DGbet.fun - Crypto Sportsbook
I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you!  Wink

So prove me wrong (if you think I am), what am I missing?

If we sre going by this, it's going to spike out lots of arguments because everyone will want to argue his own point and give reasons for that, but i will say this is more of a person decision and taste, some of us can't do without gambling because it's entertaining quite alright and that's the general approach gamblers take on that, but the truth is that, was it everybody that makes fun out of gambling even when they are not winning, fo we still remember it's a means of being entertained when we are loosing bets, trading to some people is a form of business or investment, so many people take it more serious and don't joke with it, it's a form of retaining or regaining our asset value in currency investment and we can take such for fun like we do with gambling.
hero member
Activity: 2828
Merit: 518
DGbet.fun - Crypto Sportsbook
Generally, gambling is entertaining and trading isn't.

If you are both gambler and trader at the same time, you'll already know the answer to this. Me, I see gambling as a way to have fun while trading is for serious venture, either a job or business but we are expected to be profitable for our end result. However, in gambling, regardless of the outcome, there's still that entertainment value we would get if maintain being responsible in gambling.

Sometimes, after I trade, when I could cash out some profit, I use it in gambling to relieve the stress in trading.
sr. member
Activity: 476
Merit: 307
I don't think this is any argument for anyone who have done both. The perfect example is that gambling is like a stable coin while trading is like Bitcoin that is volatile. Gambling is not just more relaxing, it is also easier to win because the options are numerous. You can control your risk and target just like trading but gambling is more flexible and realistic.  You will never see anything like slippage in gambling unlike trading that slippage can mess up one's trade.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
The thing that makes the time pass at ease on gambling is you know by when there would be a result and mostly the result comes pretty soon.
While on trading, you could be waiting for months for the price to hit your upper or lower point.
The pro about trading is you don't lose all of it and if analysed better, you have better odds at winning. But it's not as fun as gambling.
I was lucky today and doubled my $50 to $100 trading a coin in 12 hours. But I could just bet all of my $50 bankroll and have x4 profits in seconds or a complete loss.
Personally I believe trading should be taken as a way of earning rather than a fun place to gamble like casino.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
I gamble to have just fun.

I do not trade to have fun but to make money. Although I also use small amount of money to trade, just like gambling but a little bit more higher.

If asking which one is more entertaining, trading is not entertaining but exhausting.

Basically gambling is game-based entertainment, not about making a profit in the game, because this is a paid game but that doesn't mean it's a means of making a profit, the profits from gambling are just bonuses, where people who have a good mindset will gamble as a entertainment alone will not consider gambling as a source of profit generation. by enjoying the game it will make us happy with every round. People who gamble for fun do this gambling not to seek income or profit.

different from trading, where we have to be able to manage it well, because trading has to produce profits, and perhaps this tends to be more necessary to produce profits, and it is true as you said, trading tends to be tiring because in trading there is of course an element of profits must be obtained and this must be done so that everything can run well.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
You may be right in your analysis but one thing is for sure. Trading is more certain than gambling meaning you are more in control of your trade to close them when in profit as compared to the gambling results which are luck based and no one have control over the win and losses.

How is trading not luck?
You make it look like the price follows a certain track and somehow with a crystal ball you get everything right!
If that would be true how the f** is not everyone a billionaire by now?

So, from this point of view, Gambling has less chances of winning as compared to the trading

Show me the numbers!
I doubt a 1/10 bet has less chance of winning than trading fufumemeloveplus coin!

Trading can come with a lot anxiety and stress especially when you trade with big money, I remember watching my one of friend during his trading session, it was something of laughter and I also felt some of pity for him because that day was a dreadful one for as he lost at almost all five trading session he partook and the funny part is the facial expressions he give me whenever the candle stick drop in a session he actually bought and it was as If he is going to cry but yet he kept trading more.

Yup, exactly my pint, so what would be the difference between a gambling grasping his ticket at a racecourse and this guy having a free colonoscopy on his chair with every green or red candle?

But I'm curious, who said trading is fun?

Open a topic about trading being fun in the speculation board and you will see tons of them!  Wink

While for trading everything you can learn and qualified knowledge and experience will be able to make it easier for you to be able to achieve a pretty good profit,

Again, why re not all traders billionaires by now and why there are hundreds of them still pinching pennies with raffles and signatures campaigns on tis forum when with knowledge you could achieve good profit? Oh, even better question, why are you not doing that yourself?  Wink
LDL
hero member
Activity: 742
Merit: 671
Gambling is basically an emotional addiction especially in my case I consider it as the only source of entertainment. I never take gambling seriously outside of entertainment. Especially one day a week I only bet on sportsbetting. But when I get enough free time, I gamble two or three days a week. But I never consider gambling as a source of income.
However, trading is one of my main sources of income for my bitcoins. I keep myself connected with trading regularly and to say that I manage my family support as well as my study expenses mainly through Bitcoin trading.
sr. member
Activity: 1022
Merit: 363

So prove me wrong (if you think I am), what am I missing?


I will not prove you wrong but in fact, support your claim that gambling is entertaining, and relaxing and there's a lot of thrill attached to it, I also have the same experience in horse racing, off-track betting was so popular back then that there's so much buzz and tips going around and you need to be good in analyzing those tips coming from tipsters and insiders I remember almost hitting the winner take all races jackpot but unfortunately I failed to capitalize on an insider's tips because I have a hard time verifying in the last minute and I have lack of funds to diversify my bets, it was too late because the tips coming from an insider is the one that delivers in the last race of WTA although I have a consolation.
I feel that the race is exciting because the favorite whom I bet only loses by a fraction of a second, and there's a need for a photo finish to verify the real winner.
Gambling is more fun and exciting which makes it addictive even though you know that you can lose money you always come back to capture the thrill, and horse racing is one of them.

Yes because we are not here anymore if we don't feel relaxed about it and we always find gambling more entertaining since the feeling also the excitement is different while playing then waiting for the outcome of our bets.

That's why I kinda agree with this that gambling is made for us to enjoy. Trading is for investment and I don't find it entertaining since I always feel that we need to be more serious dealing with our investment since we can't play lame around with that.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
This depend on how passionate the person on gambling or in trading since people would really say that they are more feel relax when gambling than trading and same what will be the trader said for gambling.
This does not depend on the one someone is passionate about. Trading is not fun at all and not entertaining in any way. If you are a scalper or a day trader, you will understand what I am talking about. No trader will say trading is entertaining. But if a trader is good, the trader will see trading more as a business and a way of making money instead. Gambling can not be seen as a way of making money because with experience, you have more chance to make money in trading.

Of course these two things are very different between gambling and trading, where gambling is only recommended as a place of entertainment when you have free time or feel bored, while trading is specialized as a place to earn, another difference is, can you learn gambling? or does it mean that the strategy you bring to gambling will be useful? No, because there is absolutely nothing to learn there, which means that it remains in the initial understanding that gambling is nothing more than entertainment.

While for trading everything you can learn and qualified knowledge and experience will be able to make it easier for you to be able to achieve a pretty good profit, on the other hand I agree with your idea that trading activities are not fun because the place is not to seek pleasure but to earn, but maybe there will be some situations that can make you quite happy and one of them is for example when you can reach your daily profit target if you are a day trader. In terms of opportunities are also clearly different, not least because in trading if you have good enough skills and knowledge then obviously your chances of profit will also be easily achieved, while in gambling there is no such thing but everything depends only on how lucky you are. But on the other hand there are indeed few similarities such as in terms of risk management, both of these require mental and psychological calmness to stay fine and so as not to suffer significant losses.
Pages:
Jump to: