Topic: What do you think about trading feature? - page 4. (Read 1187 times)

I don't doubt the successful possibility of those features but then to a great extent,  we haven't seen anything like that before m,  where a casino also offers a trading feature or an exchange also operating as a casino,  this is something that we haven't been really involving in and don't not know how it did work in some instances,  also we have to be very accurate in some of the terms not to make mistake,  just like the ops because what he is saying that it be a trading feature,  is not really trading per se but just a currency speculations where you win or lose predicting the next price of most coins.

Have you experienced one before in trying out the features to find out that trading is not looking lie gambling on a gambling platform, though am beginning to see the reason why may still believe that trading is gambling to an extent, you can enlight us more if you already have an encounter with the use of these same function of trading on a gambling platform.


Is it the banks that grant them license or the government through their agencies.

I am not really interested in that kind of game, if a person wants to speculate with the fluctuations we may see on the price of bitcoin or other altcoins then they are free to pick any reputable exchange and perform their trades there, but doing this on a gambling platform will only cause you to not think of trading as you should and you will begin to think of gambling and trading as the same thing, which is not true as the main purpose of trading is to make money through your skill and not trying to do so through your luck.

Trading done in a gambling platform is still trading, it is not gambling because it happened in a gambling platform.  I find it no difference in trading in a gambling platform or an exchange platform, since a casino has implemented a trading feature, it can be considered a trading platform too.  However,I believe a casino needs another license from the central bank to be able to implement a trading or exchange platform in their gambling site.  If they failed to secure a license on this feature, the casino might face a serious problem in the future.

Futures trading could really be that somewhat be considered to be a gambling already but just as you had mentioned that application of strategies or analysis would really be giving that kind of edge on a certain individual on which it could really be that totally separates gambling into things on which it do really rely purely on luck.We do know that there are things which can be considered a gamble basing up on how things been done.
Here on what we are talking about trading type of game on the said sites like Rollbit which they are even giving that 1000x leverage which is totally that not possible when we do speak about those exchange platforms
that do really only give out 125-150x max as far as i remember or basing up on experience which we could say that this 1000x is really that a huge gamble considering on how fast you would really be busting up yourself .
So if you do have that trading experience then you could really be able to apply your knowledge on something this type of gambling-trading thing on which you do know that you could really
take advantage specially if you do have that trading experience and knowledge on which you could really simply apply that knowledge which it would really be giving that good odds on winning or making yourself
that profitable.

It has been accepted by some people that trading is also gambling because of the risk level one can go or get involved with while trading, but it is very important to know that they are two different things, when we are gambling as well, we are taking the same risk as well but there's a way we can play both gambling and trading with minimal risk involved, he decision is ours to make on what we want to see come through with our experience in them.


It's still as gambling and not trading completely, if you want to trade, it's better done on an exchange, but the gambling platforms are incorporating trading into gambling to help them attract gamblers and increase the level and numbers of services offered to gambling, this would make them feels more comfortable staying more longer on a casino and engage in many gambling activities with several features offered.

Futures trading with 2x to 5x leverage doesn't fall into gambling because those leverage limits can actually be good for advanced traders. Man, trading is a lot different from gambling if we pick a small leverage because higher leverages are somehow risky but we can reduce the risks and increase the profits if we know about hedging tactics. I have been doing futures trading for a long time now and I can proudly say that you can earn a lot of money with futures trading if you have a good strategy and if you have set proper goals.

The casino games are purely luck based games and we can't really have any good strategy with those games. But as futures traders we can have proper trading strategies which can increase our profits if we use leverage. However, futures trading also have it's risks and we can't ignore those. A futures trader if trades without any proper strategy then he/she is throwing his/her money into a well in hopes of getting their wishes fulfilled but they don't know that the well is too deep and instead of getting their wishes fulfilled they may lose their money.

Futures trading requires strict discipline and a firm mindset which doesn't really fall into the illusion of the humanly emotions. Our emotions should be controlled in order to have profits in futures trading because as humans we have emotions like greed which can blur our mental abilities and sometimes we take very wrong decisions when we fall into the trap of those emotions. If we find a way to control those emotions then surely we can earn enormous profits as futures traders.
 

Makes perfect sense. I didn't even have to have any of the information to know what was most probable here, though it is surprising that CoinTelegraph is involved in this. I know these crypto msm companies are sellouts, but not to this extent. I thought it would have instead been a sellout twitter "influencer" or one of these types.

I hope that real players pull them up on it. I see their token value climbing while complaints about their casino are rising. I have a bad feeling about rollbit and have been since I started seeing unsustainable growth and increasing complaints.

Right from when I knew future trading, I classified it to more of gambling than trading. I am not surprised that casinos have started to include future trading in their sites. I haven't traded futures before but I have read about it and I do not think that it presents any advantage over the usual casino games.
In as much as the knowledge of the chart might help you make some refined decisions, it doesn't actually follow a constant and known directions. It is gambling and I will even prefer sports betting to it because in sports betting I have some data to rely on while making predictions while the future only have fundamentals and some times it doesn't play out as predicted. So it is just like the normal casino games.

The prices do follow repeating patterns, but not always.

And while you can get the power of probability closer on your side so that it develops into a kind of house edge, (but for you as house) I do not think that there is a 100% certain way to make price predictions even with all the skill and knowledge you can gather. Because there are always unknown variables. You never know what is going to happen next.

So its just semi-gambling on top of full-gambling.

I would welcome a trading feature only if there are no unfair trading fees. But then again this would mean that the casino would require great investment to implement this feature and it might not be worth it, (in terms of profits) in the end.

But something that you could really be able to apply some analysis too knowing that those movements are reflecting on what are those real time market movements then you could really be just simply open up another window and draw up some technicals doesnt matter if it would really be on scalping area but as long it could be applied then this is something on which you could really be able to apply and make use of it. Although just like been said that its never been that simple on trying out to hedge or scalp in a short period of time or lets say a minute or under which there's no way that you could really be able to apply some analysis with that short time frame.Just as expected then everything that has been offered would really be having that corresponding house edge or deductions whenever
you do have a winning bet on which it is really just that normal yet they are running business in the  first place. 

I think not all gambling games has a 50 over 50 chance but casino always make sure they have more advantage over the players because how can they be able to profit a lot if not? In trading, I think the chance can vary only to the skill of the trader. It might be called as binary trading, but other user define it as a way to predict small fluctuations.

And in a bull run, there are still small fluctuations that can happen a long the way so don't say that earning a profit during it is going to be easy. AFAIK this trading game is already been there in Rollbit even before but it's my first time hearing it in B.C game. I'm still not into trading so I will stick only on the old games that I know.

Crypto Futures in Rollbit have been available since the introduction of their casino here. Correct me if I'm wrong, but I'm quite certain about that. I recall my initial thoughts when I first learned about this feature; it was genuinely intriguing, unique, and faced very little competition in the gambling space. However, I haven't had the chance to try it yet. Most of the time, I'm playing mostly with slots and live games.

While there may be some repeating patterns in this game, blindly following them could lead to swift losses. The game has a remarkably low house edge, but the higher the leverage, the greater the risk. Therefore, I recommend playing it with caution and a sense of responsibility.

Well, if you are lucky enough in slots you can hit a bonus round... and if you are extremely lucky you can get a "max win". That's why slots are much more interesting, among other things, of course!

There’s different type of trading and the one you are defining is a spot trading. Binary option is the one which this casino are using on their game. This same with the binary option offered by trading platform which user can bet on what will be the position of the current currency on the target date.

I would say it’s both gambling and trading at the same time. The game focus on determining the asset price in the future.

This isn’t actually trading to be frank. We consider something as trading, when we trade assets for other assets. This is the theoretical meaning of trading. Now what these casinos are doing is just prediction games. You predict the price if the coins, whether it will go up or down. They impose housedge on these types of games too and makes good profits. You can consider this as a coin flip game where you decide heads and tails, but here you will decide price will go up or down.

It's good to see casinos improving their features and yes I was aware of this new trading feature but to me it's still very much a gamble than trading, I don't see spot trading on these casinos which is the safest trading for beginners, you might not make much but you aren't exposed to higher risk compare to binary option and crazy leverages.

It would be closer to trading if we can use some RSI software on the platform like trading view enabler or somewhere close, also I don't know where they are getting their present price from we have no clue about it, so it's still better to gamble safely here, if you are good at trading you can try it out and drop your feedback.

I will still prefer to play Slots on these casinos and if I want to trade I will use other platforms instead, predictions base on price movement are always uncertain and traders are able to make predictions with tools that's why they have the good results more than the bad results.

The game operates on a mechanism not vastly different from binary options. It gives the illusion of trading due to price fluctuations, but it's essentially a facade where the actual valid market movements are not accurately depicted. The chances of winning are at a 50:50 ratio, as it typically involves mere guesswork between up or down movements.

Binomo has faced similar issues in this regard, where the platform labels it as trading, yet legal scrutiny reveals it to be a binary options platform manipulated by individuals behind the scenes.

Playing it with disposable income is the wisest choice since games of this nature are most likely entirely controlled by a hidden system. Don't be enticed to bet larger amounts when you experience your first victory. Maintain control over your game to avoid falling into the algorithms of online casino platforms, as we are well aware.

Honestly speaking which this is really just like binary options trading on which you do certainly guess on where the price would be going on the time that you had made out entry which is neither up or down and since
the time frame would really be that just short then even if you are a trader it wont really be giving out assurance that you would really be able to predict on where prices could go even if you do have that good technical analysis kind of approach but somewhat having these kind of analysis would really be giving out that kind of advantage comparing into those people who do make out just choice without having any basis.
It is really that truly could get someones attention specially on a trader at the same time you do make out some gambling for sometimes which it will really interest you in to make out some bets considering
that you do have that trading experience.

So far im only aware on Rollbits kind of trading kind of gambling which this is the only place which im aware about its existence and didnt know about BC.game. Wait? ISnt BC.game facing some issues right now?
If ever this is true then better to stick out on playing on Rollbit but of course it would really still fall down according into your own preference.

Completely agreed, and this also doesn't take into account where they get their data from. A centralized exchange has an order book and market makers to ensure that market activity and market data is continually up to date. Some also take into account index prices in real time for additional reference of the price. Some decentralized exchanges take this one step further by using data oracles, which are points of data that average out multiple price feeds, to ensure that data is decentralized.

Where do you think BC.game and Rollbit get their price? I can tell you, their backend. The short term price that you see on BC Game and Rollbit would not match that of a price oracle, especially when large bets are being placed