Post
Topic
Board Gambling discussion
Re: Gambling or Treading ( Binary , Crypto , Forex )??
by
Patikno
on 04/03/2025, 07:20:14 UTC
I used to be involved in gambling but after facing huge losses I left it now I am involved in trading for a long time which is known as binary trading and I have been very profitable. But I have something to know here do you agree with trading and do you not support binary trading I should leave binary and move to crypto or forex.

If you intend to seek big profits in gambling involving a lot of money, then I think it is not a responsible gambler, because we know that gambling is just a place of entertainment, even if you get a win or jackpot, it's just luck, because basically gambling is mostly about luck. Regarding your question, I don't think it's wise to use binary trading to get money, because as far as I know it's similar to gambling, CMIIW. You should leave binary trading, and you should move to Crypto, especially Bitcoin, while other altcoins are still considered to have a very high risk compared to Bitcoin in my opinion, whatever you do you should be careful and vigilant so as not to fall into a deep hole of loss.

You may be right, but remember not everyone that can afford to invest in bitcoin. Because most people prefer to go into something that can profit them within a short period of time, of which you and I know that Bitcoin investment  is not a get Rich quick scheme. Rather it requires a lot of time and patient before one can still profit from it, and you know most people can not be patient enough to HODL their bitcoin in the long run.Though you made a good suggestion by recommending him to go into bitcoin investment, of course bitcoin investment is more reliable than that of trading because it has a low level of risk.
It is true that not everyone can invest in Bitcoin. However, I assume that from the OP's story, it seems that he has enough income to do so, and I think he also has the awareness to choose a fairly safe income, so I suggest that you should enter crypto, especially Bitcoin, and I'm sure you also agree with me on this. Regarding the risk factor, I think it depends on the principles that each person has, if the OP or anyone is ready to accept the volatility that will be experienced in Bitcoin, then that's good, and if you can hold it in the long term then it's very good for future prospects, and be sure that Bitcoin is the same as gold, or even more than that.