Pages:
Author

Topic: Trading, gambling and binary options. Which one you prefer? (Read 1147 times)

hero member
Activity: 1624
Merit: 500
I choose to trade because it is easy to make money depending on expertise and analysis when trading, and all I do is trade long or medium term to get good profits.
but I also sometimes like to gamble and only fill my free time and have fun, and only provide enough capital to play casually without lust.
I think people will indeed choose a trade. in this case, quite a lot of profit from trading compared to the others. honestly, I prefer investment over trading, but, in this case, trading is also quite profitable. You have the choice to hold in the short, or long term.
full member
Activity: 1582
Merit: 101
I prefere trading, it's the most profitable and it makes the most sense.
Gambling is not meant to make profit but for fun and that is how I treat it, a leisure for my free time.
Binary options are two risky and personaly I don't like it, in fact I find it as a shady business.
For someone who is seriously involved in Bitcoin, trading is the best.

Yea, i think you are right here. I always try to do work with clean and clear way so here trading is the best option form me though there may be profit or lose but in mentally i am satisfied with trading. But Gambling and binary options is not mentally supported from me as there some times fraudulent and risky. So the work i will do what i love it or never ever. I personally know many men who lost their every thing by binary options because there also have gambler who control market.

So my suggestion to everyone to do work in right way and sleep with silent Grin Grin
hero member
Activity: 2968
Merit: 640
While I agree that gambling can never match the consistent earnings that are generated with trading but I have a few friends who do arbitrage gambling on sports and they earn pretty nicely and consistently so it just depends on the skill you have because gambling can be good if you know the right ideas and how to implement them. What my friend does is, he bets on both teams/players and there are many websites so he finds different odds and opposite favorites in close matches and use that to make free income which is not easy though but he has mastered the art of arbitrage.
Buddy, you’re right about this, yes there are people who knows how to gamble with the right strategy and they are making money.
I know such people who are gamble and make money and I keep asking myself how they do this. Have a friend that made wins three weeks straight, lol, was like magic. It is all about knowing what works for you.

There are people who understand gambling and they know how to make the right calculations. Then there are those who know trading and they are using the right strategy to make money. When you are focused on something then the chances for achieving what you dreamed is really high; without efforts you cannot be rich even some billionaires help you directly Wink.
full member
Activity: 1610
Merit: 102
In my opinion, trading can be taken as the best medium for these three subjects. Gambling may not really be good for anyone because it makes a person overly greedy and people invest money without considering money management and risk management which in most cases leads to losses and even extinction. Trading using skills and experience can be considered the best way to earn a living. Its user feedback on binary options is not as high as expected. I do not prefer it.
sr. member
Activity: 2660
Merit: 339
I might go for binary options and day trading, but I don’t think I will ever go for gambling. This is because of the kind of experience I have had before, not something that has happened to me, but to people that I know who are close to me. Some of them got addicted to gambling and it rendered them so useless, to the extent that everyday they are gambling but still achieves nothing but more losses. It affected me to the extent that I try as much as possible to stay clear from anything that has to do with gambling.

Where trading and binary options are about earning money but gambling is all about spending money. So, we can choose based on what we need finally Smiley.
While I agree that gambling can never match the consistent earnings that are generated with trading but I have a few friends who do arbitrage gambling on sports and they earn pretty nicely and consistently so it just depends on the skill you have because gambling can be good if you know the right ideas and how to implement them. What my friend does is, he bets on both teams/players and there are many websites so he finds different odds and opposite favorites in close matches and use that to make free income which is not easy though but he has mastered the art of arbitrage.

I myself always choose trading above any of these because it is much easier to do day-trading and sometimes buy and selling of altcoins and with time I have become more suited to trading and I agree with you a gambler who chases loss will dig a bigger hole and just loose more everyday unless he has strategy like arbitrage or similar.
full member
Activity: 1736
Merit: 116
I am a person who likes trading and gambling, but for binary options I avoid using it. Because binary options risk too big,
especially for newbies it is not recommended to make money from binary options. Regarding gambling I did not make it as
source of income, because I play gambling only removes stress from my daily work. For trading, I really focus on being able
to make a profit everyday. So if you want to make money, the best option is trading .
full member
Activity: 1498
Merit: 146
I think, gambling is harmful for our society, so it is not for us. Binary is not for me. Finally, trading which is preferable for us and in long term, we can more profit by trading. So, I always go with trading.     
Gambling is not a crime, it is still legal in most part of the world so its your personal view about the gambling not as society.Binary trading are the real gambling and no one should trust the binary trading platforms with big amounts.
full member
Activity: 1121
Merit: 100
I think, gambling is harmful for our society, so it is not for us. Binary is not for me. Finally, trading which is preferable for us and in long term, we can more profit by trading. So, I always go with trading.     
hero member
Activity: 2968
Merit: 640
I might go for binary options and day trading, but I don’t think I will ever go for gambling. This is because of the kind of experience I have had before, not something that has happened to me, but to people that I know who are close to me. Some of them got addicted to gambling and it rendered them so useless, to the extent that everyday they are gambling but still achieves nothing but more losses. It affected me to the extent that I try as much as possible to stay clear from anything that has to do with gambling.

Where trading and binary options are about earning money but gambling is all about spending money. So, we can choose based on what we need finally Smiley.
sr. member
Activity: 882
Merit: 253
I’m not really good when it comes to gambling. I’m always lose in it and when the time comes that I’m winning, I don’t easily give up and turn back my winning ended up losing again. I have no experience in binary options but it seems more complicated than trading and a lot of people don’t also recommend this method. Trading is the best option for these three mentions and it’s for long run. You can also learn different methods to improve your skills in trading. Different technics and analysis which you can determine the right entry and exit points
full member
Activity: 1540
Merit: 219
Before I started trading, I started gambling in casinos, in freebitcoin, and it consumed me all day, in fact I think I lost much more than I won, today I prefer trading because you can make plans and strategies, some people It does not matter and they confuse trading as gambling and they may find it, but when they run out of luck it is when they will know that it is best to prepare, because today I see trading as a business. In my case I prefer Trading.

Most of the gambling games in a casino are luck-based games so that you have no full control of your money. That's the main disadvantages of gambling, it is really hard to make profits out of it.

While in trading, you have your own decision, own strategies, and own technical analysis in the market so that you can secure your profits and minimize your losses..

It is much better to do trading rather than in gambling, most of the people know that.

Even though it's entirely possible you might be able to make a living from trading, it's unrealistic to expect to do so because most people just don't even make money from trading overall. It's a tough task.

Not all of us have the ability to make money in trading because it needs a lot of experience and skills to become more effective in the market. We have different skills and approach in trading, it depends on you if you are willing to grow in trading.

Gambling is not meant for making profits so just skip the gambling at first. You realized that long term is best among all kind of trading methods because it doesn't need much efforts all you have to do is wait and get reap when it is available for you.

Just like what I've said, it is not the best option to do if you want to have a stable profit.

Gambling and trading is both risky, but in trading, your assets are more secured and you can control yourself. I do trading for so many years because I want to secure my future that's why I'm doing my best in performing technical analysis every time I prepare myself in before making transactions.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
im gonna go with trading. gambling is not a great idea to make money and binary options is one of gambling but it has "trading" mechanic even though you didn't get your order after buying it, when you lose on binary options you lose all of your money which means that is gambling. will prefer trading because even though we lose, you can still get your portion of money back
full member
Activity: 1190
Merit: 117
Of course I would choose trading over gambling and binary options, we know the trading to be able to make a profit. And for gambling,
I only use it for fun, whereas binary options are not interested at all. So we must can make decisions wisely, lest we choose wrong and
can ruin everything. I believe trading can produce profit that I can use to buy my daily needs. Besides, I have been trading since 2014,
so I am sure with trading compared to others.
sr. member
Activity: 1050
Merit: 377
indeed some people make gambling their livelihood. but sooner or later they will fall deeper. and true, gambling is not something that is said to win or lose, but where when they get good luck and managed to go further than what was expected.

I agree. It is very difficult not to fall below when you are completely absorbed and give yourself up to gambling.
Without connection with the values of family and friends, this will happen anyway.
Each addict must be very responsible about his life and build connections with values that can help him not fall into bad conditions for him.

sr. member
Activity: 1593
Merit: 284
you are betting on an outcome with binary options as you would betting on an event at a casino.
This is one of the simple reason why people are still comparing gambling with trading. But in my experience after gaining lots of knowledge on these two, I must say these two are completely different thing and we must need different approaches in order to find success in respective field. If you try in one by assuming like another one then definitely you will face big disasters at the end of the day.

After many days of experiment, I have decided to try only  trading and a leaving off all other things because in my experience, gambling is not meant for money making but trading is purely designed to find opportunities to make big profits out of small capital. But, trading requires a typical approach and if you are failing to give that then trading will become gambling which means no big differences in the results (given that in gambling house will always win).
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
All those three things were different from each other on their operation and almost each has same amount of risk but I will choose trading over other things because trading looks profitable in long term while other two things are like hit and run with profits only for few times.
In trading you will not depend on our luck 100%, if you work hard on it then good profit will come and this is why I will also go for trading. Honestly, I don’t have enough experience ok Binary option but I know its risk, while gambling is pure of luck and I lose money so many times in gambling.
There is no transparency on binary trading so even if you are supposed to make money the platform may scam you and not willing to pay the profits to you and there are many proofs available even for reputed binary trading platforms so choosing gambling is better than binary trading but both are not really for money-making.
hero member
Activity: 2688
Merit: 588
Honestly there is no option for that but I would say investment. I realized long time ago that I will not become rich over night, there is no way I can make so much money from trading that I could quit work and just relax in my life, that requires me to make about 10000000% in profit or something because I do need a lot of money to quit everything.

However what I can achieve is investing into stuff that gives me passive income and keep on investing back to them constantly to increase my passive income. That way I do not need to have cash in hand to retire, that would take a long time, however I could possibly just have a decent passive income instead and use that to retire. Which is why I have been investing for years now, I am not anywhere near where I want but at least I started down the path.
hero member
Activity: 1036
Merit: 524
Right now is better for joining future trading in Binance because you have bigger chance to get profit with your assets than gambling, you have large chance when getting bitcoin with lower price and you can put buy order. There will give big chance depend with how much money do you use for binance future trading.
full member
Activity: 1232
Merit: 186
As of now, I'm just focus on gambling because that's what I already do when I was in highschool lol Grin. I am not saying that I'm really gooad at it but at least I've got the basic knowledge and guts to deal with it. Though I badly want to try daytrading but I really can't because of lack of funds/equipment (e.g. computer) as well as the basics. Another hindrance that I get is my busy sched. So far, I can't find time got that but as soon as I finished what I need to finish then I would love to try it of course Smiley.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
All those three things were different from each other on their operation and almost each has same amount of risk but I will choose trading over other things because trading looks profitable in long term while other two things are like hit and run with profits only for few times.
In trading you will not depend on our luck 100%, if you work hard on it then good profit will come and this is why I will also go for trading. Honestly, I don’t have enough experience ok Binary option but I know its risk, while gambling is pure of luck and I lose money so many times in gambling.
Pages:
Jump to: