Topic: What do you think about trading feature? - page 2. (Read 1094 times)

That apparently may not be an investment trading format as long it is something prediction but however its reality tendency is being such of FX Trades.
It could either be an alternative chances to price winnings aside the gambling table.
I doubt if they are even in anyway of incorporation with any investment platform. Hence, you can as well provide us with a link to interested person's or for benefit of doubts.

Wont really be that much of a concern yet every tick could really be that be always be checked on known exchangers if we are trying to go along with those price movements.
Yes, price ticks could really be that somewhat manipulated and since this isnt something that you could be able to check on charts or something that could apply some analysis
then it do really just perfectly fit on calling it a pure gambling experience. Imagining on having that 1000x leverage on which this is really that obviously a gamble.
Price needs to be that getting in line on what you had predicted on which it is really that something that you could really be able to apply any analysis to it on a short time
or simply just cant that possible.

What do you think trading is all about then? I thought that's what we do in trading, predict the future outcomes and place our trades based on that. I know that it's not like gambling and there are so many differences, but predicting is what trading is mainly about.

However, have you ever done or heard about options trading? The game OP is referring to is basically how options trading works. You choose a coin, an asset, a stock, or anything the market offers to you, and you predict the price movement of that for the next few seconds or minutes. If you think it will go up, you go with up, and if you think it will go down, you go with down, after choosing how much you want to bet on your prediction. If the outcome matches your prediction, you win about 2x (maybe a bit less after the trading fees and stuff) and if it's wrong, you lose your money.

Casinos, decentralized exchanges, leverage. But, casino data sources' lack of transparency is particularly concerning. Yes, it's a major issue. Decentralized exchanges, on the other hand, offer leverage – up to 100x! That's massive. However, leverage is always gambling; everyone knows that. These platforms ensure fairness with many data points, which is admirable.

Casinos' no-fee policy is quite questionable. It asks several questions. Are data points manipulated? Definitely possible. A $1,000,000 attempt to find errors is mad, yet ingenious. The experiment is pricey, but someone should try it. It's crucial to resolve these concerns after your detailed analysis. Gambling and trade must be fair.

If the patterns are maintained over time and gives a constant output then it will be disastrous for the company and losses will be incurred to an uncontrollable level. As with charts, it's always a speculation, nobody knows the outcome but one can read up on history price actions and speculate the future based on history matching predictions. I will advise you to stick with what you know how to do and not deviate.

The problem with this is that you can never be sure where the casino is getting their data from.

Nowadays, you can go on many decentralized exchanges that allow you to leverage up to 100x of your balance....Leverage is gambling at any point. However, these platforms at least use many data points to ensure fairness.

The other problem is that these casinos do not charge anything for the position, while most the platforms mentioned usually have a fee structure, and charge interest on the leveraged position. That in itself is suspicious, no fees for leverage? What's the catch? The catch is probably manipulation through the data point.

I am sure if someone loaded up an account with $1,000,000, made large prediction bets and compared the data of losses against an oracle or a decentralized data point, there would be inconsistencies. However, no one will take that expensive experiment up

I was curious why a casino would turn into a trading platform all of a sudden but I later found out that OP misunderstood prediction for trading, that's no way near trading, because I can't use any tools or charts reading analysis on the platforms, they still functions as gambling because you just have to predict what will happen next, but there is a catch,  if you are already a trader and you have your tools you can easily do your analysis on another platform before placing your bet, to me it's still a lot like gambling.

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Either ways, trading features are still risky and you have to be very careful in order to avoid losing all your money, in the case of these two gambling platform that OP is talking about, you are only able to predict on numbers, there is no stop loss available, which is a very important feature when trading on any crypto trading platform, I am not a good trader but I can't imagine trading without using stop loss.

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When I started trading two years back, I never knew the importance of using stop loss, even after my cousin who is into trading told me about using stop loss I never took it seriously until I lost some money and I got angry losing it, then I decided to fix my issues with trading and I was amazed how good stop loss feature can be, at least when a trade go against me I will still have some money left instead of losing everything.

Still, trading is not like gambling it has many differences. Gambling depends upon luck only and some forms of trading like future trading taking high leverage resemble with gambling.
I think that traders are much more disciplined, and they do a proper fundamental and technical analysis before taking a trade. Some forms of trading like Spot trading is risk free (if you can hold the coins for the long term) and techniques like DCA will make your risk of losing even less.

I don't really think there's anything like "trading features" on casinos... Is there an alternative name for that? Cus anything trading doesn't really correlate with gambling... How's that?

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luck?. If it's actually a number prediction, how's that supposed to be called trading?... Y'all mix up alot of informations inappropriately. Maybe I'd have to look up this informations - on how true it is...

Sandra 🧑‍🦰

  Trading features is still a very risky venture, there  are not much difference between the two of them (treading and gambling) features it’s self is highly volatile that’s what makes it even more scary. I know people that have lost their savings on mere trading futures. The interesting thing about it is it’s determine your faith there and then. Futures and options are the part of derivative and mostly it is used for hedging by institutional investors.
In order to initiate trading in FUTURES you have to understand how it works and how can get profit with your own analysis and experience. Options and futures are both financial products investors can use to make money or to hedge current investments. Both an option and a future allow an investor to buy an investment at a specific price by a specific date. But the markets for these two products are very different in how they work and how risky they are to the investor.   
  A best practice for any trade is to understand the risks and price targets prior to entry or exit in the underlying asset. Because of the increased risks of trading futures, contracts should be carefully monitored. In futures entry and exit point matters the most. This is where the different order types to buy and sell may come into play and help manage the trade. A limit order offers control over the entry and exit prices. If you know the levels in which to enter and exit a trade these limit orders, as well as a stop loss can help traders execute their strategies more efficiently. You should subscribe or associate yourself with trading research analyst of the Indian stock market.

As many of you have given their opinions on this, it's all about taking the risk involved and if we think of having this unique and special features will be of an added advantage to us than it has always been before now, why not go for such, the little challenge here is that only few casinos are making the use of this same trading features, in which most are still passing through the testi period before approval for use or given a recommended standard.

I have a contract with a new casino, and their team asked about these new features that leading casinos have started to implement (Rollbit, stake) such as trading features such as Binary option and crypto trading . I can't be sure if the market for these gambling games connected to real market prices or market makers. To test it I played a bit on Rollbit Casino and found many features that are similar to those used by most trading brokers, including different time frames and various coins to trade. I would describe this feature as similar to an absolute binary option, like what you can find on IQ Option or other trading brokers. I can't definitively say if it's a good idea but it's clear that many players are participating in it so it's profitable for the casino.
For me, I would definitely suggest it for my team.

you're right, man. There are platforms where APY exceeds 100% and it's true, you can make a nice passive income

What you called more like standard gambling, but there are platforms where you can besides the classic games, such as staking platform tokens and earn more from it or participate in tournaments. At the last tournament I won 200$, it's not a lot of money, but it came to me very easily. So if you don't know what to do in the cryptocurrency market, try to participate in a Fairspin tournament, play their games or bet on TFS it's a great chance to win some extra money.

Develop trading skills? I dont think so.

Yes, its trading but its not something that we do see on exchange considering the leverage is really that high. You cant really be able to form any analysis into such short manner
and if we do try to look out thoroughly on how hard trading is then there's no way that you could be able to make a good analysis with that and just like that mentioned
that it is really that trading since it is really that on high leverage. Only gamblers who could really be just that able to take up such risks on doing such trading position
but for those who are really that doing trading but having that risk management then they wont really be touching up this thing for sure.

I think that’s a wonderful idea. Not only it is a fun game, it will also help you to develop better trading skills. The more you play the more experienced you’ll become and when you acquire enough experience you will become a master trader and then you may continue your journey as a full time crypto trader. It is a win for everyone. I am kind of surprised why the other casinos don’t follow this great idea. It definitely beats playing dice type games. Even if you lose while betting on prices, you will learn something and that’s a plus which you can’t get from playing dice.

Only people or gamblers who are really that knowledgeable about trading would really be definitely be the ones who would come interested when it comes to this type of games which i have said that they would really be making use of their knowledge for them to increase out their advantage towards that type of gambling game on which i could say that it would be relevant but due to short time frame or lets say a few seconds kind of result knowing situation then for sure there's no strategy that you could really be able to mold it out. Therefore, it would really be that a total gambling on every step you would made plus having that 1000x leverage then this is out of this world kind of leverage but well its understandable that the ones who would really be taking out such leverage are the ones who are really that willing to take risks literally. It wont really be called gambling in the first place if you arent staking up on extreme manner.

This is really that good to look at on which considering that we do have this type of gambling game then you could really be able to choose up according into your own interest.

Having to bet on the price of cryptocurrencies I must say that it's an interesting game, but the only thing is that, just as you have said, it's a game that requires some trading skills, even though the game according to my understanding, is so designed in a way that, you still will hardly come up with an accurate prediction of the price no matter how professional you are with trading the market, yet, the knowledge of how to analyze the market still makes playing such a game more interesting.

Comparing this type of game to slot games, I would say that they are almost the same thing, since to me, both games are very much based on luck, there is no much difference.

Actually there are several sites that hold games like this, usually the sites are decentralized, although there are also some casinos, this game doesn't have many users because it requires skills to analyze prices so that the correct guess can make us win easily but sometimes it can also make us lose money. faster, all games still have risks and very few people play games like this because they are not experts in analyzing prices.

I can analyze the price of never playing this game because there are many cases where operators or bookies can play with the charts so I am more interested in playing other types of gambling to find luck, for example sports betting and sometimes I play casino games that are played more by other gamblers besides slots. because I don't like boring slot games 

For Rollbit I have used it several times to use the trading features they provide but for Bc.game I have never tried it once.

It not just a kind of exchange from one coin to another for withdrawal transactions or for betting but it really pure you can buy and sell it directly there and the token also has the same price almost as the market price.
In several trading transactions in Rollbit several months ago I only used the RLB token because at that time this token had quite significant price ups and downs so it was very profitable if used as an asset for staying up late in the relatively short term.

It's true that it very rare for gambling sites to have this kind of trading feature but regarding the benefits and whether or not it up to us to use it up to us to use it.
It just that when there is a site with features like this, it might provide additional income for gamblers who want to make money from staying up late.