Post
Topic
Board Gambling discussion
Re: Crypto trading or gambling
by
hulla
on 01/01/2017, 10:14:14 UTC
Well, if i comparison between gambling and crypto trading, than i will choose both things. Because i am also doing both things, but which is better for me, You know sometime gambling is useful way for me. Because whenever i need money in a short time than i play it, and many time gambling help me. But crypto trading  is also profitable way, but in it, we know that every step, we are not depending on luck. Because we know when price increased when we sell our crypto than don't take tension, but only need patient.
This days I will say no to crypto trading and yes to gambling cos I made a trading acouple of months back and still not profitable. But will gamble/sport bet I make quick and easy money.

Trading is always better than gambling, because with gambling one could easily earn in a short time but as quoted by above mate it won't happen in every event. With trading based upon price variation to certain extent loss can be reduced, which is not possible with gambling. Gambling is similar to do or die situation.
The long term success can only be achieve in trading, in gambling you will win but that is just a temporary thing as the gambling operators will always have a long term success. For serious investors, trading is always a greater choice and gambling will always be a pure entertainment.

I think it depends on what gambling game you are playing.  Looking at sports betting, and crypto trading,  I think it will be easier to take a profit in sports betting than crypto trading.  The reason is that sports betting can have a high precentage accurate prediction because of the factor that can affect the result of the match.  While cryptocurrency trading is subject to scam altcoins, whale manipulation and pump and dump coins.  In this scenario, it would be better to bet in sports than trading with crypto.
i think if you have good study about the crypto market then it is better to put your money in cryto trading and specially if you have good trading skill and past experience in trading it will be an advantage to make money in trading alt coins. in sports game you still need a good luck to let you win your bet.

Serjent05, that's correct Smiley sport betting give a nice and clean chance to win some.
Speaking crypto trading, Whizter said studying chart and so on will bring profit. I think you said that cos you haven't invested in an altcoin which look so good and later become unprofitable out of the blue. I have money/some bitcoin  in one exchange site and I can't withdraw cos the coin I invested loose value in a snap.