The words "drifting" and "powersliding" are often used interchangeably, but each is distinct from the other. The differences in technique are shown here by a guy who obviously has plenty of practice doing both. Even when he messes up, he gets a smokey donut out of it.
After explaining the differences between the two terms and demonstrating the techniques. He lets his friend try it out. This is a perfect example of why these techniques should only be tried on a track. Even for a car show presenter with tons of experience driving cars fast, he struggles to perfect each, especially the E-brake drift. So get yourself to a track, and learn how to drift and powerslide. Even when everything goes wrong, it still looks like a lot of fun.
Related: This left vs right foot braking comparison can make you a better driver