So, like I said earlier I'll do some research about this and I realised that most of you are right. I just discovered that there are many ways people make money out of events, I wasn't too diverse at first before I posted earlier but now I understand.
Judging from these two links the first one is still ongoing while the second one finished last year. So it seems there are different ways to get money in a simple term and be safe with your assets not necessarily mean you must trade especially if you're using a cex
For this space we have several ways to make money and it can be done if we understand how.
Why many people don't like trading is because they don't understand how to do it so there are a lot of risks involved when trying to do it.
I never want to recommend exchanges but I just love it when people actually hold onto the best assets like bitcoin. Trading can be carried out when someone understands how to do it and they must also master how to trade correctly.
Both investing and trading require money and neither can be done if you don't have money. Simply put, you can trade when you are ready to face the risk and most importantly you have the skills to carry it out.