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Topic: Trading, gambling and binary options. Which one you prefer? - page 7. (Read 1149 times)

legendary
Activity: 3052
Merit: 1188
I would prefer something like trading but not really trading. What are we all working for? Money. why do we want money? So, we can have a better life. Now I am pretty sure there are super rich people here who probably want to have huge conglomerate level of money and I can totally understand them, that is fine and understandable but I am not aiming for that, and I am sure not many others neither.

What we want is enough money income that we won't have to work ever again and just simply do whatever we want in this life without working to pay for it. So, I want to invest big enough to make enough income every month to actually never have to work again. Isn't that the biggest dream billions of people have?
hero member
Activity: 2912
Merit: 556
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I don't try binary options, and I prefer to do crypto trading because I see that I have more chances in crypto trading than binary options. I feel that binary options are more complicated for me, but I don't learn deeper about binary options. The risk of both crypto trading and binary options will be the same, especially if we don't learn anything and only buy and sell at a random price. That will lead us to gamble to make a profit, and that will not be recommended for new people who want to try trading. Trading will be better to make money than playing gambling because you can get many chances to buy low and sell high, and you will also have a chance to make a profit in trading.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
If you are okay with gambling and stuff that requires luck to get something, then gambling and binary options are the choice. I would not recommend these kind of method to earn money because you can actually lose all of your money in short span of time before you realize.

For safer method, please try trading. At least if you lose, you can still minimze the loss amount by doing cut loss method.
sr. member
Activity: 658
Merit: 250
enterapp.io PRE-SALE IS LIVE
I prefer trading for life and gambling for fun but never try binary, it will break your dream and pocket in second. Binary look's more easy than gambling/ trading but have bigger pressure, if you don't have good psychology you'll loss everything. Choose trading and try reduce the risk, the journey will give you experience to handle money and psychology on the right track.
hero member
Activity: 1372
Merit: 564
I buy and hold bitcoin, and participate into sports betting whenever I know which teams will play and if there are important leagues happening. I have tried doing your regular day-trading scenario and I know that it's just not for me. There are tons of different things you need to consider first before making your first trade, and as a busy person taking up post-grad degrees, it's hard to keep it intact and in one piece knowing that time is your enemy. A few missed minutes on the clock might cost me a fortune and I can't handle that's stress too fast, thats why I decided ro help my parents out.
Me too,  I prefer to hold my coin because in here theres only less risk to take just keep your coin then if the value of the market rise then I trade some of them. I only do gambling when I have extra money. This three can give you earning, there are both good to get earn but have different risk to take, if you can take all the risk and accept all the possible loses then its means you can handle all risk you might encounyer.
legendary
Activity: 3542
Merit: 1352
I buy and hold bitcoin, and participate into sports betting whenever I know which teams will play and if there are important leagues happening. I have tried doing your regular day-trading scenario and I know that it's just not for me. There are tons of different things you need to consider first before making your first trade, and as a busy person taking up post-grad degrees, it's hard to keep it intact and in one piece knowing that time is your enemy. A few missed minutes on the clock might cost me a fortune and I can't handle that's stress too fast, thats why I decided ro help my parents out.
sr. member
Activity: 1876
Merit: 318
Everyone has their own expertise, for me trading is the best way to make money. Because compared to gambling and binary options that I think
are too risky to do. I have had a bad experience with gambling, I lost a lot money when playing gambling. Because gambling can be addictive,
and make our capital run out. Even though I have never tried binary, but I know by reading a review. I am immediately not interested in binary
options after reading it. Then it's better to trade in my opinion, far more profitable.
full member
Activity: 261
Merit: 100
Win 10,000$ Daily - click on sig
All of them, gambling is most exciting
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
I've tried everything besides the binary option. other than that, at the moment I am just preparing myself to trade. I hold assets to prepare worth trades when prices go up, I might start it. however, so far, I have only been preparing to trade, and stay away from gambling games, because it is really risky for the assets that I have collected so far.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.
That's right, gambling only makes you lose your assets, it's full of risk, you only need a fortune to win in gambling. In contrast to Trading where we have to really learn how to read charts by analyzing technical or fundamental.
Gambling is satisfying and entertaining, but it is a high risk because it won't give you any assurance with regards to the possible result of your decision. It is either you win or end up losing and you don't have any choice but to accept the outcomes. Gambling can easily help you earn huge amount of money but it still depends on your luck, so if you want to ensure that you will earn profit then go with trading. It requires knowledge and patience because you have to consider various factors that may affect your trades.
full member
Activity: 1498
Merit: 146
Gambling is not meant for making profits so just skip the gambling at first.
Well for some people gambling is their source of income making it their job ultimately for making money online. I also gamble whenever it's my leisure but it does not mean to intentionally just spend and lose your money on it. I find gambling good for making profit especially when you play the card games physically and just transitioned to digital.
Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.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.
There isn't much problem with Binary trading, there are just some things people that want the binary trading needs to know especially the information of the service provider. I don't really see complaints that much about bugs or any error, I just see some with scam and shitty provider of binary trading.

I consider it safe and secure since it is a regulated instrument legally across the globe.
But 99% of people who thinks that gambling will make income for their living will go bankrupt so this is not the right way even if many people are doing in that way.

I meant that selective scam so no one can claim that they are complete scam but one who met the situation are crying now.One of the most used binary platform got recently into scam accusation but isn't there enough evidence that to prove they scammed the user.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Gambling is not meant for making profits so just skip the gambling at first.
Well for some people gambling is their source of income making it their job ultimately for making money online. I also gamble whenever it's my leisure but it does not mean to intentionally just spend and lose your money on it. I find gambling good for making profit especially when you play the card games physically and just transitioned to digital.
Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.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.
There isn't much problem with Binary trading, there are just some things people that want the binary trading needs to know especially the information of the service provider. I don't really see complaints that much about bugs or any error, I just see some with scam and shitty provider of binary trading.

I consider it safe and secure since it is a regulated instrument legally across the globe.
legendary
Activity: 1806
Merit: 1521
Congrats to the OP, he finally arrived. Most people blow up a couple trading accounts and leave forever, they don't actually learn their lesson and become profitable swing traders. Good job!

The lesson here (besides "don't trade binary options") is it's important to analyze and trade long term trends. Short term trading, fading, scalping can be okay if you have a good handle on the bigger picture trend and know how to trade around a core long term position. By that I mean this:

Quote
But, I later switched finally to long term trade in which i buy at low price, hold, and later sell at high price. This is where I gained more than 500% of my capital this year alone. I still trade on short term bases, but the cryptocurrencies i used is 5% of what I used to trade on long term bases.
hero member
Activity: 1008
Merit: 500
It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.
That's right, gambling only makes you lose your assets, it's full of risk, you only need a fortune to win in gambling. In contrast to Trading where we have to really learn how to read charts by analyzing technical or fundamental.
legendary
Activity: 2464
Merit: 1102
Lol, one thing I have never done before is gambling. A lot of my friends are into it, but I just don’t like it because I see the addiction they get from it and how they end up losing their money. And the worst part of it is that they never stop even when they are losing their money, every little money that goes into their hands they plan to gamble with it, that’s what annoys me the most.

So, I have been staying clear from anything gambling. I have been into binary options before and I used to trade with iqOption and Expert option, they worked good but it’s not really as easy as you might think and you can lose money from it. Though sometimes you might get lucky. Long term cryptocurrency trading has also been the best thing for me so far and that’s where I have benefited the most.
sr. member
Activity: 1176
Merit: 301
It depends on what I like or need,
If I want some profit and less risk then I would prefer trading.
But if I want to have fun and excitement then I would go with gambling,
I haven't tried binary option yet so I couldn't say anything about it.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Gambling is not meant for making profits so just skip the gambling at first.Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.

I disagree with your statement as gambling is more of a productive way to make more and one of the easiest, surfer you have equipped yourself with the necessary skills and probably have luck on your side. Gambling and binary options have more similarities than trading since the act of trading has less luck factor and more if your research and knowledge on that asset you're trading.

I'll prefer trading to the others since you can duplicate your success on different occasion but that can't be said about the other two. There isn't an assurance of been lucky each time you gamble.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I don't think binary options is for me. I keep on seeing their ads on YouTube and it never enticed me to get into it despite of having a lot of encouraging and attractive ads.

Trading as usual and gambling at the same time.

Someday might be I'll get into BOs.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
you have made decision but i tend not to believe in stopping gambling because for me this is one way of enjoying the game and also a chance to win (if luck is with me sometimes)i do gamble on a weekly basis depends on my available time and Budget sometimes twice a week but very rare of 3x.
though we will both agreed in Long term holding,but i wonder How long is Long term for you?because you've said 500% in just a year profit meaning 3-4 months the longer?sorry it made me curious the way it delivers because for me?well this is only my opinion but long term means year or so.
dont stop if you just want to play just to enjoy some of your time.
Stop only if you think you do it as addiction already and you already lost too much money  gambling .

Holding can be profitable = but its always depends what coins you want to hold for long when it says long term it takes year 1-5 years can be considered  as my understanding not just a month.
full member
Activity: 2576
Merit: 205
you have made decision but i tend not to believe in stopping gambling because for me this is one way of enjoying the game and also a chance to win (if luck is with me sometimes)i do gamble on a weekly basis depends on my available time and Budget sometimes twice a week but very rare of 3x.
though we will both agreed in Long term holding,but i wonder How long is Long term for you?because you've said 500% in just a year profit meaning 3-4 months the longer?sorry it made me curious the way it delivers because for me?well this is only my opinion but long term means year or so.
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