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Topic: Trading, gambling and binary options. Which one you prefer? - page 3. (Read 1127 times)

sr. member
Activity: 1050
Merit: 377
I know little about binary options, but I can definitely say that gambling is an extremely doubtful form of earnings.
Entertainment - yes, but reckoning on gambling as a full-fledged job is exactly what to hope for good luck.

Therefore, I would choose trading. Let it be one of the most difficult disciplines in the world, with its development you can have a very good income.
In addition, the above character will be reinforced concrete if you go through all the stages of trader development.

jr. member
Activity: 42
Merit: 1
Let's be honest, everyone has their advantages, I mean every one of these income options. In fact, I think a lot depends on your preferences and how quickly and well you managed to achieve the profit you needed. In fact, I know people who have made a profit in each of these areas, and that's absolutely fine. Because I'm for the fact that everyone has to do what they love, that's what makes us happy people, and no one forbids you to experiment, that's what allows you to achieve results, and you can combine all these areas into one successful business to make your profits even more meaningful. I think that makes sense...
hero member
Activity: 1302
Merit: 503
I like both gambling and trading because this two is give me a good profit but gambling is this year only because when Im play before Im addicted in using my money and all my savings was gone because of the gambling but after controlling ny self I now earning and I added to my list that way of earning money.

But ever since trading is my favorite and my priority is that because I earn more money to this than the other way and I hope I can get more money to trading this year.
- Feel very surprised when you say that gambling has brought you good profits because a common situation that gamblers often get would be loss, profits have never existed for too long in their accounts even if that was the goal they tried in gambling. You may be a lucky person but I believe you also have bad experiences with gambling, even if you can give the controls, gambling should not be the preferred option and put on the list to make money, moving and focusing more on trading is probably more suitable for profit, entertainment purposes can be gambling and binary
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I will go for trading any day. Gambling is just like a video game and not business. Its motivation is pure greed or how do you explain someone aiming high on nothing without greed? This is the way I view it. As for binary option, it plays out like a normal buying and selling too except that you need a special kind of skill to trade it.

Oh I would love to see guys like you sharing with us their "business" strategies for trading. Are you saying your motivation for trading is not greed? I mean, look at all the signals and ads related to trading, it is about making money easily and from strategy and right calls. Gambling ads are about having fun and winning big.
sr. member
Activity: 2030
Merit: 323
What you don't know and what you know is very important as well as being able to say "I am out of my depth" is really important as well, that is what is missing from a lot of the traders. Gamblers know that there is 99% chance that they will lose their money, they would be super lucky if they end up winning after a long streak, or at least they know they can go all in once and if they win just get out.

Binary is something I have never been part of so I can't talk about those people. However comparing gamblers and traders, gamblers know that they will lose and still gamble thinking maybe they will win, that is their problem, traders know that what they should do and most of the time have the blueprint but they put emotions into it and end up losing that is their problem.
hero member
Activity: 1722
Merit: 528
Every job seems too difficult before it starts There are many experienced gambling professionals in cryptocurrency  but they seem to have nothing to lose but they are completely gambling The amount of loss is greater than the gains in gambling. I like trading from gambling too If the price is reduced while trading then the price increases but if you lose the gambling everything ends at once.

I think they are experienced gamblers but not professionals.

I don't know the basis of being a professional but I know for a fact that there are a lot of experienced gamblers and traders here in the forum. There are still those gamblers that are still inexperienced here when it comes to gambling but one thing is for sure, trading is better than the two options given because of the fact that we are not basing on luck and a 50% chance of having a profit but we have strategies, indicators and analysis to do.
hero member
Activity: 1834
Merit: 523
I like both gambling and trading because this two is give me a good profit but gambling is this year only because when Im play before Im addicted in using my money and all my savings was gone because of the gambling but after controlling ny self I now earning and I added to my list that way of earning money.

But ever since trading is my favorite and my priority is that because I earn more money to this than the other way and I hope I can get more money to trading this year.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
Trading is definitely recommend in my opinion. I have been experiencing these platform. Although i'm short term trader but it’s my favourite from your others options. I wouldn’t make big comparison both of trading and binary option, these are trading related platform. But gambling is very different platform both of them, it’s not for everyone i think.                 
sr. member
Activity: 1960
Merit: 329
I will go for trading any day. Gambling is just like a video game and not business. Its motivation is pure greed or how do you explain someone aiming high on nothing without greed? This is the way I view it. As for binary option, it plays out like a normal buying and selling too except that you need a special kind of skill to trade it.
newbie
Activity: 18
Merit: 0
I won't prefer gambling because it is not believable at all. In my experience, gambling too much will lead you too a zone call "blind betting", it is when you are really need to stop gambling. Gambling just for fun not for making money. However I think trading is suitable although its profit at first is not very big but it will make you to used to trading and market place.
jr. member
Activity: 40
Merit: 4
Well, I think that any of these ways can be a great source of money. It's all about finding something that can make you money on a regular basis. That's why there is such a variety, because everyone is looking for something for themselves. In my subjective opinion, the most profitable option for making money on a regular basis is forex, because this is the format that has clear and accessible ways to analyze, which allows you to find the situation on the market at any time, which will allow you to earn here and now. On the other hand, this format is so gambling, so you have a better chance that you will take it seriously. It's about how you feel about it.
full member
Activity: 714
Merit: 104
To be honest, I don’t consider gambling as a good source of income.  For me, the most feasible direction for generating income is daily cryptocurrency trading.  Of course, there are certain risks, but nevertheless I know what I trade and what I own.  But this is a separate topic for discussion.  I have never dealt with binary options, but based on individual user reviews, I am afraid of this activity.  It seems to me that putting money into binary options is not a purchase of an asset, but an investment in a binary broker, on which your profit depends.  In other words, you do not own anything at all.
Binary options is just some sort of gambling imho yet you would need to guess on the price either lower or higher on the amount you had entered.
The difference here is that you do able to analyze the charts when predicting prices compared when you do totally gamble up on random basis.
Gambling is never been considered as a viable source of income but rather for entertainment but people do treat on other way that why theyve been
hooked in addiction and in result to loss of money.
Thanks a lot.  You are just very accurately you said what my concerns were.  Since I am not a fan of gambling, binary options are no longer available to me psychological.  But I am really familiar with people for whom Excitement is vital and with the appropriate experience. These people can receive a good and even stable income through gambling, which always surprised me.  Including trading binary options for gambling retailers is a worthwhile find.  But this kind of activity is really not for me  Grin and maybe the circle of people who do it is very small.
hero member
Activity: 1624
Merit: 500
You posted this in the Trading section so expect that you will get replies that they prefer Trading than Gambling. Binary option is almost the same as Trading or it is trading in a different way because you will predict the direction if it is going up or down. You base your decision of research and market condition.
LOL, you're right. it's just that I think people who trade, sometimes also do gambling games, even though I don't.
Well, I prefer trading over other options. I prefer to move with strategy than a move by depending on luck.
hero member
Activity: 1666
Merit: 629
To mention about my binary options experiences, I think it is a method of fraud that should never be used. Even though I have done binary options trading for a very short time, I would like to say that even gambling is a much safer method than this method. Although I don't like to compare gambling with investment tools, I would like to say again that the binary options option is definitely not a method that can be used and you can make money. On the other hand, I would like to mention that earning money with gambling is just a dream, since gambling always earns cash, although it is a chance to win. Gambling is something that should be played only for pleasure. To write something about myself, I only play gambling for pleasure and I do not use binary options scams either. For this reason, my preference and suggestion will be trading.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
Every job seems too difficult before it starts There are many experienced gambling professionals in cryptocurrency  but they seem to have nothing to lose but they are completely gambling The amount of loss is greater than the gains in gambling. I like trading from gambling too If the price is reduced while trading then the price increases but if you lose the gambling everything ends at once.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
I appreciate writing about your experience in trading gambling and binary options. I prefer to trade and do data analysis, I am happy with data processing and making technical analysis. I was also attracted to binaries and some forex.

gambling is a zero-sum game, where half of the people for and half of the loss. This is interesting because many people come only with capital.
A game of luck though with binary you can also relied with news that will comes up and do some analyze in order to anticipate what can be
the next market movements.
Trading if aiming for holding with specific time period also gives some weight with your investment.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Trading is just on a world of its own when compared to other two, it doesn't have the thrill of the others but it also provides food for your table if you know what you are doing. On gambling there is usually a house edge unless you are playing a pvp game like poker against other players but even with that house gets their cut from the pot so it is not really perfect.

On binary things are a bit different but honestly you can not really trust yourself when it comes to binary since it is insanely risky as well, one mistake and all your money gone and that is too much risk to take for me. However when it comes to trading it is less riskier and it usually is simple if you know what you are doing and you give it some time to recover when you fail as well.
legendary
Activity: 1834
Merit: 1036
You posted this in the Trading section so expect that you will get replies that they prefer Trading than Gambling. Binary option is almost the same as Trading or it is trading in a different way because you will predict the direction if it is going up or down. You base your decision of research and market condition.
sr. member
Activity: 2660
Merit: 339
You should not even be confused in between trading, gambling and binary options if you really are good at trading. You should only concentrate on trading and try to enrich your skills by practically experiencing many more things. Checking out your list gives me a rough estimate that you do posses some great skills which would be most useful for you in the coming future.

Trading can serve us with great profits if you have the knowledge and ability to make great research. Never follow anyone else's TA but instead try to make your own technical analysis and you would surely make great profits. I am not sure about binary option and gambling but I could confidently suggest you to go for trading only.
hero member
Activity: 1834
Merit: 566
I want to say that the problem you faced earlier by jumping up and down different carrier or business is the reason that people in trading businesses don't succeed. They fear losses but don't want to do the right thing by cutting down on risk levels. You can do all of you have knowledge but if not, we can still to the one aspect we have trained ourselves to understand or we quit.
You have been able to put yourself into one aspect and that is good for you.
Knowledge is the most valuable aspect of day to day activities of every person but greed/buzz can jeopardize everything if not put in check.
What I'm trying to say is that having knowledge about something is not enough if ones don't have control over his emotion, affection, buzz and greed level because these are what always leads to the loss of people in the crypto world including the highly experienced investors.

To be honest, I don’t consider gambling as a good source of income.  For me, the most feasible direction for generating income is daily cryptocurrency trading.  Of course, there are certain risks, but nevertheless I know what I trade and what I own.  But this is a separate topic for discussion.  I have never dealt with binary options, but based on individual user reviews, I am afraid of this activity.  It seems to me that putting money into binary options is not a purchase of an asset, but an investment in a binary broker, on which your profit depends.  In other words, you do not own anything at all.
Binary options is just some sort of gambling imho yet you would need to guess on the price either lower or higher on the amount you had entered.
The difference here is that you do able to analyze the charts when predicting prices compared when you do totally gamble up on random basis.
Gambling is never been considered as a viable source of income but rather for entertainment but people do treat on other way that why theyve been
hooked in addiction and in result to loss of money.
@Arkann, gambling is a game of chance and even a genuine gambling site will never tell you gambling is a good source of income. What important most is every individuals understand the part thats work for him and put is buzz/greed in check. Mind you, gambling which you and i see as something risky, someone gambler see it as the way to survive and it work for them.
@Mahanton, binary option is like gambling but also work for people that follow whales movement.
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