Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

This is why you should really be that making yourself that aware about those potential risks. Always put up into your mind that not your keys then its not your coins on this kind of principle on which it would really be always reminding you that you shouldnt really be storing up your assets into those platforms because anytime it could really be experiencing those issues which it would really be leading up into those loss of funds.
In regarding on what OP been saying about raking up with fees, then its normal since this is a business on which it would really be just that not shocking that they will really be making up money out of those
trades been done by those traders. Why would really be that minding much on how they do make money in the first place? You are doing trades into their platform, you are really that making
those buy an sell and it is really just that normal that they would really be monetizing on the site that they had built. So i dont really see any issues not unless if you do have that kind of personal hate
towards them. lol

Business is business and nothing personal. Cool