The Real Deal: Binary Trading vs Crypto Spot Trading

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sam.chadNewbie
Posts: 6 · Reputation: 3
#1Nov 9, 2017, 01:23 PM
I used to be all in on binary trading thinking I’d make a fortune. Got sucked in by promises and lost a bunch... then found crypto trading through a community. What a difference!
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shard_2013Full Member
Posts: 643 · Reputation: 287
#2Nov 9, 2017, 04:33 PM
Sure, binary trading is gambling. But why tell people to stop? Some folks enjoy it. If they lose, they’ll figure it out. Trading has risks too, just gotta manage your cash.
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wagmiNewbie
Posts: 302 · Reputation: 14
#3Nov 9, 2017, 10:36 PM
I’ve lost a lot on binary options. Thought it could make me rich fast, but long-term? Not gonna happen. You can't analyze the market in those quick sessions. It’s just luck.
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Posts: 11 · Reputation: 208
#4Nov 10, 2017, 02:33 AM
Anything related to predictions is a scam in the long run. You might win a few times, but then it's just you against algorithms. Better to learn real trading skills.
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nick_sageSenior Member
Posts: 45 · Reputation: 940
#5Nov 10, 2017, 03:57 AM
People see binary trading differently. Some think it's trading, others see it as gambling. But when they lose big, they realize it’s not what they thought.
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Posts: 68 · Reputation: 40
#6Nov 10, 2017, 04:21 AM
Disagree, man. Predictions are everywhere. Starting a business? Betting on sports? All of it involves risks. Just because we can’t predict outcomes doesn’t make it a scam.
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fudbusterSenior Member
Posts: 196 · Reputation: 1344
#7Nov 10, 2017, 08:10 AM
Just because it didn’t work for you doesn’t mean it’s bad for everyone. My buddy’s crushing it with binary options. I started with that too, then moved to crypto because I wanted more control.
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nick.orbitFull Member
Posts: 245 · Reputation: 446
#8Nov 10, 2017, 12:35 PM
The gap between binary trading and crypto spot trading is huge if you do your homework. Binary’s all about timing, you can win or lose in a second. Spot trading feels more like a legit business.
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MadProtoMember
Posts: 128 · Reputation: 159
#9Nov 10, 2017, 05:22 PM
News flash: even crypto traders can act like gamblers. A lot just chase trends without doing their analysis. They don’t use stop losses and keep pouring in money.
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serHero Member
Posts: 589 · Reputation: 2321
#10Nov 12, 2017, 02:43 PM
Trading without knowledge is just gambling. I don’t know much about binary trading, but if you get into crypto without learning, you’re in for a rough ride.
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maxoracleMember
Posts: 356 · Reputation: 74
#11Nov 14, 2017, 03:01 PM
It’s all about knowledge. If you're trading junk coins, you’re just giving money away to scammers. Stick to solid coins and learn the market.
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0xHawkMember
Posts: 176 · Reputation: 132
#12Nov 14, 2017, 06:44 PM
I’d be shocked if anyone actually profits from binary options. They’re designed to make you lose money. Most traders struggle to even break even in the spot market.
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mikeforkMember
Posts: 6 · Reputation: 123
#13Nov 15, 2017, 12:55 AM
I had a rough start too. Learned the hard way that binary trading rewards participation, not skill. Now I'm focused on spot trading and I see a brighter future.
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sam.chadNewbie
Posts: 6 · Reputation: 3
#14Nov 15, 2017, 06:06 AM
You lost money because you didn’t follow good practices. Now that you're getting guidance, you’re on the right path with spot trading.
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Posts: 137 · Reputation: 95
#15Nov 15, 2017, 07:49 AM
Binary trading is like a casino. You’re betting on outcomes without owning the asset. In spot trading, you can actually sell part of your asset for profit.
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cipher51Full Member
Posts: 85 · Reputation: 260
#16Nov 16, 2017, 08:57 AM
Yeah, it’s been proven that binary trading is gambling. If you know people pushing it, they’re probably just looking to make money off you. It’s a scam.
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SilentBearFull Member
Posts: 63 · Reputation: 453
#17Nov 16, 2017, 09:06 AM
I’ve heard the hype about binary options but never tried them. I was curious once, but I ended up in crypto instead. I believe what you’re saying is true.
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sigma_ninjaFull Member
Posts: 37 · Reputation: 252
#18Nov 16, 2017, 10:06 AM
So by your logic, use trading is gambling too. Why risk everything on a small price change? Makes no sense to me.
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wolf2013Member
Posts: 23 · Reputation: 128
#19Nov 16, 2017, 12:06 PM
Even skilled traders can make money with bad coins. If you’re not there yet, stick to safer options. It’s your cash, choose wisely.
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stacksatsHero Member
Posts: 404 · Reputation: 2023
#20Nov 16, 2017, 02:07 PM
Binary trading is just another gambling form. The difference? You’re betting on market movements instead of sports or slots. Predict right, you win. Predict wrong, you lose it all.
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The Real Deal: Binary Trading vs Crypto Spot Trading | Cryptotalks