Between betting and Forex trading, which one is risky?

[hastral45]

Every one of us knows that both Forex trading and betting are forms of gambling activities in different dimensions, yet one is more risky than the other. Forex trading and betting all have staking formulas which if followed, could reduced chances of risks. Both are not guaranteed and not business ideal for hypertensive investors. Both can make you become rich overnight and at the same time make you poor. It always advisable to be financially disciplined and invest responsibly.

 

[Bisolami]

Every one of us knows that both Forex trading and betting are forms of gambling activities in different dimensions, yet one is more risky than the other. Forex trading and betting all have staking formulas which if followed, could reduced chances of risks. Both are not guaranteed and not business ideal for hypertensive investors. Both can make you become rich overnight and at the same time make you poor. It always advisable to be financially disciplined and invest responsibly.

I agree with you. Betting is more risky because it deals with predictions which does not even happen most times

 

[IB D]

Betting is pure gambling and it is very risky. Forex is less risky. Especially when you bet on virtual

 

[Edulady]

I would say betting is riskier. I am basing this answer on past events. I have won a fee dollars on betting but I have made more from forex trading

 

[Reedex]

Both forex and gambling are high-risk investment but gambling has a lot of risk than forex investment in all ramifications because gambling is a total game of luck and you can still add some experiences in forex trading.

 

[flower]

There's a big difference between gambling and forex trading and I want to reckon that gambling is more risky and your money could disappear into the thin air if you're not lucky.

 

[IB D]

I don't know which one is riskier between forex and betting. Forex is less risky I think. At least it has indicators that tell you when not to trade. Betting is just pure luck.

 

[Niyi Briggs]

Forex is not risky. It is the greed of the forex traders that drive them to incur losses. Betting is a less than 5% chance of ever winning. Betting is always risky.

 

[eldavis]

Both betting and forex trading have their own risk, there are persons who consider them to be the same due to the amount of risk both carry. Personally i would go for forex trading instead of betting though.

 

[Blessed19]

Well all o can say to you is that both forex trading and betting are risky things to do. Forex trading requires a very high skilled and special training which might take years to complete before one could take the bold step to start trading and that does not guarantee success in all trading. Betting on the other hand is just something that has no mastery at all.

 

[Springtime]

I would say betting a riskier. It is mainly based on luck. While I also do not know much about forex trading, I heard from some friends that there are strategies used in forex trading which can help you to make profit and reduce risks.

 

[cherry123]

The two are just too risky for me but gambling is worse as Betting is pure gambling which is about only luck and it is very riskier Forex is less risky.

 

[puroypoi]

Recently, I tried both, I'm into forex and in online betting too, I just lost all what I invested there, it is very risky but I just risk whatever I can take to loose.

 

[Starmix]

I think they are the same because they involved money. The two have no assurances of winning. But Forext trading could be an advantage oof the person is skilled, he might have a chance to win big. In betting, it is through luck.