Post
Topic
Board Gambling discussion
Re: Digital options - Gambling or trading?
by
koroke
on 09/04/2019, 10:34:44 UTC
I think many gamblers alike will agree with me that gambling can be exciting most of the time.   The joy and satisfaction you feel when you call it right is amazing.  Its funny though that society frowns so much at gambling even though like most things in life, its just risk management.  Like any other investment type, there is potential to lose it all because in the end, it still gambling.  Just with varying risk levels.

Although a relatively new form of trading (Apparently), digital options is fast becoming popular due apparently to its simplicity.   A simple choice of choosing that a stock, commodity or currency will go high or low in its value over a specific time frame.    There is also a fast (turbo) mode with around 30 seconds expiration time with potential returns of as much as 90%.   Question is, how is that still trading if you can't be sure of what might or will happen in that short time frame?

Safe to say we humans can be very greedy  Grin.  Admittedly, increased risks come with potentially higher returns which is what attracts many of us.  Funny thing is that we all gamble one way or the other.  Some better at it than others.  Smart gamblers/traders tend to assess their losses to see how they can improve.      

IMO, digital options is a type of gambling but then again what isn't?

I see that you have something to point out and your argument is fulfilling the Reader's curiosity. On the other hand I think we shouldn't choose between trading or gaming since both of them are useful and helpful in terms of gaining profit. In trading, it allows you to explore and be involved about digital projects that companies is trying to advertise while in gaming it allows you to explore different ways how to enjoy and entertain yourself while pursuing your luck in it. Though the stated features of the two were good enough for us to pursue it specially the gaming, we can't expect to have luck at any time, it's you who needs to execute different strategies to prevent multiple losses ,and that's what I usually do whenever I play into an online casino which is Vegas casino  playing variety of games that I love with proper moderation as well as enjoying their great deal of welcoming reward just for doing my deposit into it.