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❓ASK Forex trading vs Sports betting, which is better?

K

Kennysplash

Guest
I have tried all aspects of sports betting and I have discovered that making reasonable profits from it is not easy at all. In the end if you are not careful, it can affects one's finances negatively.

I don't do forex trading for now, but I see many testimonies of people saying they make consistent profit from it. But it seems I would need more capital for Forex.

Are you into both? Which do you think is better?
 
But the person has taken too long in learning. Is it likely that they are not courageous enough to start trading? Fear can hinder you from starting something even you have learnt so much in it.

Anyway, no rush. Let him take his time and start trading when he is confident enough. That will be very beneficial to him.
Trading is not what we can rush into because it is a money making avenue that require enough planning and formulation of strategy to win trades in the market . It also needed a lot of knowledge which means it is necessary to earn a lot of experience.
 
Anything gambling-related is no longer for us. Although I have witnessed a small number of people win at sports betting, those things are still mostly based on luck. This means that it is still a type of gambling and that you might lose a lot of money quickly without anything to show for it. Therefore, even if I am still receiving mentoring, I think that forex trading is more practical than sport betting, which is a very risky endeavor.
 
I have tried all aspects of sports betting and I have discovered that making reasonable profits from it is not easy at all. In the end if you are not careful, it can affects one's finances negatively.

I don't do forex trading for now, but I see many testimonies of people saying they make consistent profit from it. But it seems I would need more capital for Forex.

Are you into both? Which do you think is better?
It is very cautious of you to have noticed the harm that betting can do. In fact, many people that took time to realize this have lost their money. However, in forex, you eikt actually need much money before you can make money. You only need maximum of $10 to get started with forex and not really huge money as you might have been thinking.
 
But the person has taken too long in learning. Is it likely that they are not courageous enough to start trading? Fear can hinder you from starting something even you have learnt so much in it.

Anyway, no rush. Let him take his time and start trading when he is confident enough. That will be very beneficial to him.
You're right about that also. I think it might be fear because it seems like it's on a monthly basis that we do hear about news of people losing a fortune to trading in the forex market.
This might be a reason why he hasn't been courageous enough to start. But that's a maybe anyways.
 
I think Forex is much better since I do not consider that sport betting is a good way to earn money assiduously since there are many factors that play against you unlike Forex that only depends on your analysis and mentality, in Sport Betting the bookmakers and the odds are against you, Even if you put luck on your side, bookmakers can limit or block your account when they think it's just for being a winning player.
 
Everyone have is own option but for me I chose sport one millions times than forex I hate forex trading is better I bet sport because I know what am betting or all about sport but forex nothing to understand in it
 
Well really are totally different fields, which is better is a difficult question, although I would stay with the forex, because it depends more on you and your skills from my point of view, although there are also people who claim to earn enough money with sports betting, both can be lucrative but depends on the individual in the last stay and their strategy
 
I have tried all aspects of sports betting and I have discovered that making reasonable profits from it is not easy at all. In the end if you are not careful, it can affects one's finances negatively.

I don't do forex trading for now, but I see many testimonies of people saying they make consistent profit from it. But it seems I would need more capital for Forex.

Are you into both? Which do you think is better?
Don't ever think of forex is better you go for gambling forex is most worst thing that can make you go bankrupt without you seeing how it happened two of them is not advisable to do but if you are given opportunity to chose one go for sport betting
 
For me I chose sport betting more than forex trading ..in every state forex trading is like betting on things you can even guess or see with your eyes but sport betting you can bet on sport like football , basketball and others which you can watch with your eyes and see the final result
 
Forex trade isn't easy either. The testimonies you are heard would be mostly from the YouTubers. You don't have to believe the YouTubers too much, because they have a way of exergerrating things with their sugar-coated words. However, you would be more successful in forex if you are lucky.
I have said it once that forex trading is over hyped. You will see blogs and videos of people claiming to make hundreds of dollars on forex and this leads people to think it's that easy. But it requires expertise and sometimes luck as well.
 
I have said it once that forex trading is over hyped. You will see blogs and videos of people claiming to make hundreds of dollars on forex and this leads people to think it's that easy. But it requires expertise and sometimes luck as well.
Hahaha, forex trading is not as easy as projected. You see all these flashy videos and testimonials online. They're just to increase subscribers base or earn subscription fees. It's not always profitable.
 
I have said it once that forex trading is over hyped. You will see blogs and videos of people claiming to make hundreds of dollars on forex and this leads people to think it's that easy. But it requires expertise and sometimes luck as well.
While there is a lot of hype around Forex trading, it's important to remember that it is still a risky investment. It is possible to make large profits from Forex trading, but it is also possible to lose a lot of money. Before engaging in Forex trading, it is important to understand the risks and be prepared for the possibility of losses.
 
Hahaha, forex trading is not as easy as projected. You see all these flashy videos and testimonials online. They're just to increase subscribers base or earn subscription fees. It's not always profitable.
Yes, not always profitable. Buy the media won't tell you that. I even saw a video that say you can be making 1k dollars consistently every week. Forex trading has no consistent earnings, so they just say that to favour themselves.
 
While there is a lot of hype around Forex trading, it's important to remember that it is still a risky investment. It is possible to make large profits from Forex trading, but it is also possible to lose a lot of money. Before engaging in Forex trading, it is important to understand the risks and be prepared for the possibility of losses.
That part where you say it is possible to lose a lot of money is what they don't tell people. They make it seem everyone can be making consistent income in forex trading. And many people believe that.
 
While there is a lot of hype around Forex trading, it's important to remember that it is still a risky investment. It is possible to make large profits from Forex trading, but it is also possible to lose a lot of money. Before engaging in Forex trading, it is important to understand the risks and be prepared for the possibility of losses.
Yes, that is true, but I think that Forex trading should only enter people who are really prepared to take that risk, or those who are prepared to really learn to dominate this market or who already know how to do it, otherwise they could mean massive losses for the individual, Forex trading is not for everyone and needs extensive knowledge and spend a lot of time studying.
 
Yes, that is true, but I think that Forex trading should only enter people who are really prepared to take that risk, or those who are prepared to really learn to dominate this market or who already know how to do it, otherwise they could mean massive losses for the individual, Forex trading is not for everyone and needs extensive knowledge and spend a lot of time studying.
Entering the forex market requires extensive preparation and an understanding of the risks involved. When trading in the forex market, it is important to understand and be aware of the risks associated with the market, such as currency fluctuations and potential losses.
 
In my own opinion I will take forex trading to be better than sport betting the reason is that when it comes to sport betting the society usually frown at it because people will tag you as a gambler and one can easily lose all is life savings if the person is not careful.
Whereas when it comes to forex trading one need to understand the technicality aspect of it and the trader can work for a company or banks if he specialize on it
 
The choice between forex trading and sports betting depends on your personal interests, skills, and risk tolerance. If you enjoy following economic news and analyzing market trends, forex trading may be a better fit for you. If you enjoy following sports and have a good understanding of the teams and players, sports betting may be a better fit.
 
The choice between forex trading and sports betting depends on your personal interests, skills, and risk tolerance. If you enjoy following economic news and analyzing market trends, forex trading may be a better fit for you. If you enjoy following sports and have a good understanding of the teams and players, sports betting may be a better fit.
As you have said it is a choice. It is just like being in a state dilemma. Though in our society today it will be always hard for somebody to call himself a gambler or choose sport betting as a career.
But if you tell somebody that you are a forex trader people will respect you.
In all one can easily work for a bank as a forex trader with much respect because it is a skill that anyone will wish to acquire
 
Hey, once you lose whatever is at stake in betting, then you have lost it. Whatever loss occurs in forex, it is not a loss for you as long as you do not change the currency at a loss. Example: Pound investors still have the same amount of pounds they bought and will not make a loss unless they sell at a lower price than they paid.
 

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