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Topic: Trading, gambling and binary options. Which one you prefer? - page 5. (Read 1127 times)

full member
Activity: 546
Merit: 122
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Among the three options, my friend told me that binary options are extremely risk among the trading and gambling. And it we don’t have any knowledge about that so that I didn’t want to try the binary options anymore. I’m just only stick with trading and gambling. But for me, the best way in earning profit is trading because it doesn’t need so much time to earned unlike the gambling you need to play all day to earned a profit and not surely if you win in every time you’d played so that in gambling are most consuming than trading. In addition, trading is a long term to earned profit but it really sure that we earned, and for gambling it is only a pure entertainment, not for earning a high profits.
sr. member
Activity: 714
Merit: 251
I do only trading regularly and gambling rarely , trading suits me best then gambling may be i understand trading good , never tried Binary options heard some words about binary options that its very risky , is it true ?
hero member
Activity: 2730
Merit: 632
I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
Everyone has their own cons and pros. Even some might treat binary options as their whole and sole source of income as they might even make great profits from that. But for us traders, we always find major profits in trading as we have experience in this field.

Not each of us might be having same thought and that is the reason why there are a number of platforms available with cryptocurrencies to start earning our wages. I never think about gambling as it have never served me with profits but major times I only had loss perhaps only because gambling is not meant for me. We should understand where we would fit in and start giving our best in the selected field.
For me both are really good to get earn particularly in trading but there's a thing traders should to especially to those newbie they should know how to monitor the market because this is the only tool can help them to know if its good to trade or not. Trading, gambling and binary are helpful to get earn but before doing this need a knowledge and they have skilled too.

Trading- Skills and experience
Gambling-  Pure luck
Binary options- A mix of both things.


Therefore, i can say that their entirely different when it comes to money earning or profits.Preference will vary if you do
seek for entertainment or just aiming for long term aspects.
hero member
Activity: 1190
Merit: 568
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I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
Everyone has their own cons and pros. Even some might treat binary options as their whole and sole source of income as they might even make great profits from that. But for us traders, we always find major profits in trading as we have experience in this field.

Not each of us might be having same thought and that is the reason why there are a number of platforms available with cryptocurrencies to start earning our wages. I never think about gambling as it have never served me with profits but major times I only had loss perhaps only because gambling is not meant for me. We should understand where we would fit in and start giving our best in the selected field.
For me both are really good to get earn particularly in trading but there's a thing traders should to especially to those newbie they should know how to monitor the market because this is the only tool can help them to know if its good to trade or not. Trading, gambling and binary are helpful to get earn but before doing this need a knowledge and they have skilled too.
hero member
Activity: 2534
Merit: 605
I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
Everyone has their own cons and pros. Even some might treat binary options as their whole and sole source of income as they might even make great profits from that. But for us traders, we always find major profits in trading as we have experience in this field.

Not each of us might be having same thought and that is the reason why there are a number of platforms available with cryptocurrencies to start earning our wages. I never think about gambling as it have never served me with profits but major times I only had loss perhaps only because gambling is not meant for me. We should understand where we would fit in and start giving our best in the selected field.
sr. member
Activity: 1148
Merit: 251
I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
Binary options is not for me I found it more complicated which I cannot long on using it before. Still, I prefer also trading as long as you know how to manage your risks. This is the problem in gambling some cannot control his emotions that turn into losses.
full member
Activity: 1190
Merit: 123
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I prefer trading to gambling and binary options because it's a good and profitable domain despite the fact that there is reoccurring risks involved I can tell that it's pretty much better than gambling and binary options gambling on the other hand I see it as a deadly form of disease because  if a gambler loses and couldn't control his emotions he may end up committing  series of crime it's risky is way greater than the  others here
member
Activity: 1204
Merit: 38
Actually, I prefer focusing on one domain which is trading, the quantity is not important when you have a lack of knowledge in these fields. Plus, I definitely disagree that gambling is a constant source of money and the opposite is true in my opinion, that field is too risky and to be honest, I have seen a lot of addicted gamblers, they lost all their money this led to negative consequences like, stealing money...ect
All of them are risky but basically, gambling has the highest risk of them all. Otherwise, all of them doesn't guarantee profit except you have learned the hardest way of making a strategy like in BOs and Trading.

Same goes in gambling but for few specific games.
Sportsbook can be considered as profitable source of income but still not everyone can do it so trading is the best compared to binary/options trading just ignore the game its not the source of money making it depends on your luck and skills.
hero member
Activity: 3024
Merit: 680
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Actually, I prefer focusing on one domain which is trading, the quantity is not important when you have a lack of knowledge in these fields. Plus, I definitely disagree that gambling is a constant source of money and the opposite is true in my opinion, that field is too risky and to be honest, I have seen a lot of addicted gamblers, they lost all their money this led to negative consequences like, stealing money...ect
All of them are risky but basically, gambling has the highest risk of them all. Otherwise, all of them doesn't guarantee profit except you have learned the hardest way of making a strategy like in BOs and Trading.

Same goes in gambling but for few specific games.
sr. member
Activity: 1456
Merit: 267
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I did Binary options for a while, I manage to get good results, all you need it's good money management.  I guess In all type of trading you need good Money Management,  about 2-3% of your capital available for investments.  All trading its a gamble, anything can happen in a blink of an eye.
Yes and you need to be responsible in order not to lose everything in a split of a second, knows your limits and don't take the pressures without
thinking wisely. What is important dealing with this activities is proper judgement and good anticipations and adjustment when you are not seeing
things favorable to your position.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I tried about binary options maybe 10 years ago or so. I was also tricked by the "deposit bonus" non sense. And basically the binary options had available 60 second contracts, so I figured how hard can it be. Was I in for a surprise.

First of all, using any binary options less than 60 minutes is basically a coin-flip, there is some much randomness out there in a timeframe that low, its pretty much a gamble. Only time is maybe when there is some news report out like employment numbers.

Second of all is that "deposit bonus", the trick is. If you accept the deposit bonus, take a few trades and then find out that you will never make any money this way and try to withdraw you won't be able too. Why? Because you need a certain roll-over and the roll-over is very high, so most likely due to huge house edge you will lose all your money. Hence why its not allowed in USA.
Binary options are in my opinion very similar to gambling and while I enjoy gambling and have fun with it I am not really expecting to make any kind of money with it and binary options seems like a deceptive investment product to me, binary options are just like gambling except you do not get any fun out of it, so if what you are looking for is to get money then you need to learn how to trade the traditional way and if you are looking for some fun with your money then gambling is the correct option.
full member
Activity: 868
Merit: 116
Actually, I prefer focusing on one domain which is trading, the quantity is not important when you have a lack of knowledge in these fields. Plus, I definitely disagree that gambling is a constant source of money and the opposite is true in my opinion, that field is too risky and to be honest, I have seen a lot of addicted gamblers, they lost all their money this led to negative consequences like, stealing money...ect
legendary
Activity: 3052
Merit: 1273
Binary options can only be profitable in forex trading, that too when you are an expert in determining the price levels as well as at least 70% idea of where the market will be heading towards, but forex trading still gives you chances in making money through binary options while only doing it whenever a news release is about to happen and you're damn sure about the results as well as what it'll paint over the charts. Whereas if you're doing it for crypto, you should rather go for trading as crypto is not everyone's cup of tea and choosing binary options to make money through crypto predictions is an extremely stupid idea. You also need to prevent yourself from getting scammed by brokers who, at first, give you perks and then just add a wick when you play big and make you lose as their system is rigged, or they just never let you withdraw at all.
legendary
Activity: 2996
Merit: 1132
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I did Binary options for a while, I manage to get good results, all you need it's good money management.  I guess In all type of trading you need good Money Management,  about 2-3% of your capital available for investments.  All trading its a gamble, anything can happen in a blink of an eye.
This is the first time I do hear about positive review/opinion about binary option. Are you still doing it? I'm really curious to know about your special strategy for binary options. You are emphasizing about money management in binary option; I believe you must be right because you definitely do not need any big technical skills and capabilities for binary option but you must need to focus on not spending big money for the own particular order and need to manage your capital according to the risk levels. This way I guess, you have managed to make profits from binary option.

I do not agree that all the trading are gambling because even anything may happen at the blink of eye, it will be possible to avoid such a big thing to happen. It is all about when to trade and when to stay away.

After money management you must need to manage your emotions accordingly so that you enter into action only when tides are in your direction.
newbie
Activity: 8
Merit: 1
I did Binary options for a while, I manage to get good results, all you need it's good money management.  I guess In all type of trading you need good Money Management,  about 2-3% of your capital available for investments.  All trading its a gamble, anything can happen in a blink of an eye.
hero member
Activity: 1876
Merit: 721
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The binary options are very dangerous. I tried it 5 years ago. And got very bad results which is very scary. Binary options can bring you huge losses in a short period of time. As like gambling. Binary options seems like complete gambling to me. I have lost some of my funds in binary options. I know many people who have lost their all funds in binary options. So now I do crypto trading. Trading will help you get to the right place if you have good knowledge about trading. 
hero member
Activity: 1750
Merit: 589
Gambling is one of the hell platform that i'll never recommend to anyone for earn money. Cause no matter how much you start good end of the day you will lose everything. Like you said "I still lost all my money to gambling.
I strongly disagree with this coz if you can't really win then why are you playing or gambling? Gambling is not profitable when you are only thinking of the profit. As a gambler for a while now, I don't really intend to gain a profit in a day, I just think on how to win a game as for me, I play poker and other table games like blackjack.

"[/i] And i will always choose Trading over Binary Options. Cause i think in trading you have better opportunity reach success than binary options. I didn't try gambling but i tried binary options before and in my opinion Trade is way much easy, comfort and freelance than others. Of course you will loss sometimes which is part of trading but in bottom line you can stand yourself in any situation.
anything is potentially a profit gainer it just depends on who handles it.
hero member
Activity: 1274
Merit: 513
I don't know anything yet about binary options so that I can prefer to choose trading and gambling.

Trading and gambling is good way to earn more money they have advatanges and disadvatanges doing this two but what I like is I earn money and that is the important they have risk in my money but I can manage it and as far now Im happy doing this .
full member
Activity: 1484
Merit: 136
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I do both trading and gambling.
At first I only do trading preferably altcoin trading and margin trading. Then decided to try out gambling and sports betting. When doing some trades, we have a basis like technical analysis. While in gambling, no effective strategies in the long run but purely base on luck itself. However, I am both enjoying them so far.

For now, I am still doing some DYOR about binary options. Haven't try it but I am well interested to do some binary trading in the future.

Be careful if you still playing gambling because you know the danger of playing gambling. But for playing gambling with little money will not be a problem because we don't risk too big money in gambling, but you need to know when to stop in gambling.

In trading, you can have the opportunity to make a profit bigger than playing gambling because you have so many coins that can allow you to buy and sell and make a profit.

Binary will need more knowledge because if we know about crypto trading, it doesn't mean that we can use the skills to analyze in binary options. You still need to learn another lesson about binary options.
The problem on gambling is depending on the persons doing, Not every one of us can be addicted after winning or losing some money, But it's true that when you are addicted it is hard to stop playing gambling and it might cause you trouble in the long run. The advantage is it is a fast way to earn money than trading and other ways. On trading, on the other hand, is safer and will not let you get bankrupt in an instant but it requires more knowledge to be able to have a successful trade.

Today there are a lot of methods that can we use to make more earnings with the use of cryptocurrency and fiat currency and most of the method on it is the investment. This is just a simple if you would like to follow the rule of buy low and sell high by that you can make a profit quickly still it depends on the person how they manage their outcome about this market price. Next, we have gambling this game is full of fun and excitement many people want to play around and go to a casino to experience the ambience of their desired to play; this game requires a lot of knowledge, technique and experience to make sure you will win the game. Lastly is the trading that you will need to predict the market price of the currency and it looks like easy but be aware that the price of the coins are volatile there is a chance you will lose your money because of it. All of those possible can earnings I use is gambling because I love to predict sports, and it is too easy to identify which team will win the game, and I got my profit.
legendary
Activity: 2492
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I do both trading and gambling.
At first I only do trading preferably altcoin trading and margin trading. Then decided to try out gambling and sports betting. When doing some trades, we have a basis like technical analysis. While in gambling, no effective strategies in the long run but purely base on luck itself. However, I am both enjoying them so far.

For now, I am still doing some DYOR about binary options. Haven't try it but I am well interested to do some binary trading in the future.

Be careful if you still playing gambling because you know the danger of playing gambling. But for playing gambling with little money will not be a problem because we don't risk too big money in gambling, but you need to know when to stop in gambling.

In trading, you can have the opportunity to make a profit bigger than playing gambling because you have so many coins that can allow you to buy and sell and make a profit.

Binary will need more knowledge because if we know about crypto trading, it doesn't mean that we can use the skills to analyze in binary options. You still need to learn another lesson about binary options.
The problem on gambling is depending on the persons doing, Not every one of us can be addicted after winning or losing some money, But it's true that when you are addicted it is hard to stop playing gambling and it might cause you trouble in the long run. The advantage is it is a fast way to earn money than trading and other ways. On trading, on the other hand, is safer and will not let you get bankrupt in an instant but it requires more knowledge to be able to have a successful trade.
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