Gambling and Binary Options Trading - these two have a lot of speculations and unpredictable or slightly predictable outcomes that make me conclude: there's not much difference.
Binary Options trading involve staking on outcomes of price or rate changes between pairs of instruments like USD Vs CAD, BITCOIN Vs USD etc. These movements can be predicted nearly accurately based on market and international news and precedence and other factors.
Talk of gambling especially sports betting, you can predict outcomes almost near accurately depending on precedence, relative team strengths and team news. For example, when Barcelona plays against Leicester City, or when Nadal Rafael takes on Djokovic, you can make good prediction based on relative strengths, news and what's at stake.
In both cases, you do a lot of speculations.
Just that with the right strategies and some degree of luck (luck I said) you can win good returns in the medium to long term. (According to bettors I interacted with, lol.)
PS: You stand to lose all your money, your inheritance, you everything on these stuffs. Not recommended for anyone.
Gambling and Binary Options Trading - these two have a lot of speculations and unpredictable or slightly predictable outcomes that make me conclude: there's not much difference.
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Binary Options trading involve staking on outcomes of price or rate changes between pairs of instruments like USD Vs CAD, BITCOIN Vs USD etc. These movements can be predicted nearly accurately based on market and international news and precedence and other factors.
Talk of gambling especially sports betting, you can predict outcomes almost near accurately depending on precedence, relative team strengths and team news. For example, when Barcelona plays against Leicester City, or when Nadal Rafael takes on Djokovic, you can make good prediction based on relative strengths, news and what's at stake.
In both cases, you do a lot of speculations.
Just that with the right strategies and some degree of luck (luck I said) you can win good returns in the medium to long term. (According to bettors I interacted with, lol.)
PS: You stand to lose all your money, your inheritance, you everything on these stuffs. Not recommended for anyone.
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