Topic: Is Bitcoin Trading Gambling? (Read 822 times)
There is a very thin line between bitcoin trading and gambling. However, if you bet on bitcoin without knowing what it is and just for the sake of people doing it then definitely its gambling. As long as u know the steps your are taking and the risks involved and calculate the profits, its a trading. It depends.
However much i would hate to admit it, the lurking feeling that the whole cryptocurrency market is right now the world's largest gambling platform in itself, doesnt wear off. Wonder why i feel that, hmmm.... 
So the question is if Bitcoin Trading is a Gamble or not?
I will express my views here and would love to know what you guys think.
It's investing. Buying and selling Bitcoin is an investment. Now, Is it Gambling?
There's a difference between Trading and Investing. Trading involves capital inhand kept for short period, typically for a few days, hours or even minutes. Investments on the other hand tend to be in months, years or even decades.
Bitcoin Trading isn't Gambling but Buying Bitcoin is “gambling”, in the sense that its an investment that could price crash at any time.
Yes, if we think logically bitcoin trading is gambling. we purchase bitcoins at a low price and predict its future price waiting for bitcoins to reach that point and we willingly wait for bitcoins to reach that point but sometimes bitcoins are unable to reach that point and even they go oppositely down which will indeed give us loss again. I will express my views here and would love to know what you guys think.
It's investing. Buying and selling Bitcoin is an investment. Now, Is it Gambling?
There's a difference between Trading and Investing. Trading involves capital inhand kept for short period, typically for a few days, hours or even minutes. Investments on the other hand tend to be in months, years or even decades.
Bitcoin Trading isn't Gambling but Buying Bitcoin is “gambling”, in the sense that its an investment that could price crash at any time.
So it can be compared to gambling but the money ones lost in gambling can't be recovered but the money invested in bitcoins can be recovered as well as multiplied with the increasing price in bitcoins so bitcoin trading is more preferred than gambling. Gambling has comparatively high loss as compared to bitcoin trading.
Trading is sort of gambling if you don't take time to study the market and read news.
But if you are skilled enough and take the time to properly study every piece of news that could have an effect on the market, then you can earn more with trading.
But if you are skilled enough and take the time to properly study every piece of news that could have an effect on the market, then you can earn more with trading.
Gambling is something that is fully based on luck, while bitcoin trading may count as gambling because the high risk that is being involved, but bitcoin trading also involves skills, the outcome is not based on luck, and also it is legal by law.
Bitcoin trading is the same as stock market trading, but involves higher risk.
Bitcoin trading is the same as stock market trading, but involves higher risk.
The difference between trader and gambler is slim. Not all traders are willing and able to perform in-depth analysis before they plunge into the world of trading. It's easy to find traders who rely on luck only. And yes, trading is legal in most countries while gambling is the opposite.
When gambling is being conducted in trading way then we can expect positive results. But when trading is being conducted in gambling way, we cannot expect positive results.
We can consider than buying bitcoin is Gambling. Well we know that it is decentralized, no ones control the price and we don't know when is the moon or when is the down, sometimes it is stable but sometimes the price is like zigzag. So, when we are buying it will going to be a great doubt sometimes and the half is great expectation also. It is also Trading because we can sell if we want and we can also buy if we want, buy low sell high.
Bitcoin trading at times termed to be similar to gambling. Here with trading at time people get lucky to profit big same as that happens with gambling on selection of teams or players on a random manner. Gambling and trading needs the skills to predict without which however winning is a tedious fact.
I think Bitcin trading and gambling are quite similar, but the are no the same. Both activities are risky and unpredictable. Success largely depends on luck. But the difference is that gambling doesn`t require special specific knowledge, skills and experience, while Bitcoin trading does. A person who does not know anything about crypto-currencies will hardly be able to successfully trade.
So the question is if Bitcoin Trading is a Gamble or not?
I will express my views here and would love to know what you guys think.
It's investing. Buying and selling Bitcoin is an investment. Now, Is it Gambling?
There's a difference between Trading and Investing. Trading involves capital inhand kept for short period, typically for a few days, hours or even minutes. Investments on the other hand tend to be in months, years or even decades.
Bitcoin Trading isn't Gambling but Buying Bitcoin is “gambling”, in the sense that its an investment that could price crash at any time.
I will express my views here and would love to know what you guys think.
It's investing. Buying and selling Bitcoin is an investment. Now, Is it Gambling?
There's a difference between Trading and Investing. Trading involves capital inhand kept for short period, typically for a few days, hours or even minutes. Investments on the other hand tend to be in months, years or even decades.
Bitcoin Trading isn't Gambling but Buying Bitcoin is “gambling”, in the sense that its an investment that could price crash at any time.
Gambling is based on chance, on putting a faith or betting something to gain while knowing that the odds are not always in favor. Trading has some similarities to it especially with how volatile the market is for bitcoin trading is essentially like gambling. Except that in trading you try your best to study every flow and evb of the value and try to make predictions off it.
The answer would be definitely a big YES, trading is quite similar to gambling in some way, because traders could never know when is the lowest price to buy or sell bitcoin for certain week, the price of bitcoin could rise a lot in one week but drops hard in just a few days due to negative news.
Trading is way better than gambling because in trading we can analyze the market while in gambling it is depend on just luck. Just so happen that people took too much greed and that is the time when trading becomes gambling which is really not good specially using bitcoin. Short term trading can also be consider gambling, so if you hate gambling or what better to hold it for a long time so it can be consider as investing.
The answer would be definitely a big YES, trading is quite similar to gambling in some way, because traders could never know when is the lowest price to buy or sell bitcoin for certain week, the price of bitcoin could rise a lot in one week but drops hard in just a few days due to negative news.
Trading is way better than gambling because in trading we can analyze the market while in gambling it is depend on just luck. Just so happen that people took too much greed and that is the time when trading becomes gambling which is really not good specially using bitcoin. Short term trading can also be consider gambling, so if you hate gambling or what better to hold it for a long time so it can be consider as investing.
The answer would be definitely a big YES, trading is quite similar to gambling in some way, because traders could never know when is the lowest price to buy or sell bitcoin for certain week, the price of bitcoin could rise a lot in one week but drops hard in just a few days due to negative news.
Trading is way better than gambling because in trading we can analyze the market while in gambling it is depend on just luck. Just so happen that people took too much greed and that is the time when trading becomes gambling which is really not good specially using bitcoin. Short term trading can also be consider gambling, so if you hate gambling or what better to hold it for a long time so it can be consider as investing.
Trading and gambling both have capitals or the amount of money needed to start. Trading taking risk on a crypto and usually for a long time and has lower risk. Gambling bets on a game and within a second, your luck will tell you to win or not. Cryptocurrencies volatility is affected by different aspects on the market while gambling depends only at the speed of spin.
Bitcoin Trading isn't Gambling but Buying Bitcoin is “gambling”, in the sense that its an investment that could price crash at any time.
Bitcoin trading is not gambling because while trading we will look for smaller margins of returns and it will be in our control whether to sell or buy. If we are happy with the returns we got we can sell them at the price if we are not satisfied we can wait for some trades to increase its price.
The answer would be definitely a big YES, trading is quite similar to gambling in some way, because traders could never know when is the lowest price to buy or sell bitcoin for certain week, the price of bitcoin could rise a lot in one week but drops hard in just a few days due to negative news.
Trading and gambling are connected with its risk and thats why it is sometimes mistakenly as the same. Trading requires more time, skill, experience, knowledge before doing it and gambling is just a matter of luck. In trading you have a more probability of earning while gambling is most completely 20/100 most of the time. Trading focuses on what the investments project based on its history while gambling well, not.
If generalized, then yes its been a mistake thinking that trading just because there's some risk behind has been labelled as gambling, where more people start being curios and start investing and tried to earn from this business, you are just act like gambling when you don't have enough knowledge to analyze which project to support with and place your investment. but if you already have all the knowledge that you need then you have some a good edge to invest with any project you take, while in gambling, you are just relying with luck alone. 
Trading and gambling are connected with its risk and thats why it is sometimes mistakenly as the same. Trading requires more time, skill, experience, knowledge before doing it and gambling is just a matter of luck.
Not just due to the risks involved but the rewards we can make with them. Both are highly rewarding if everything favors us. If something is missing then we cannot expect any returns but our capital/bankroll itself will be at peril. There are lots of similarities which makes people to compare them.In trading you have a more probability of earning while gambling is most completely 20/100 most of the time. Trading focuses on what the investments project based on its history while gambling well, not.
The probability of winning with trading improves when a trader gains more knowledge and experience where gambling is not providing any such room for improvement like we always need luck to favor us. 
Trading and gambling are connected with its risk and thats why it is sometimes mistakenly as the same. Trading requires more time, skill, experience, knowledge before doing it and gambling is just a matter of luck. In trading you have a more probability of earning while gambling is most completely 20/100 most of the time. Trading focuses on what the investments project based on its history while gambling well, not.
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I think no trading is not gambling because when you bet you will received an amount equivalent to what you bet but in trading the rate or amount of return is not specific also trading is regulated while gambling is not. What was same with this two is that both will require taking chances and the risk that you either lose whatever amount of capital you have.
That is what mostly people think about trading , it gives you a return even you lost it.No wonder as trading is a good way and reasonable business compared to gambling.
People know that trading with proper analysis won't feel like gambling , it is a real opportunity to get profit steady.
although to get back our investment sometimes needs too long because the price is on the bottom but we still have a big chance to recover our money. in gambling, we cannot do the same as we do in trading but if we place our money in the investment section in the gambling, then we have a big chance to make a profit. but for me, trading is different than gambling because it depends on how we could determine the movement of the price and place the buy and the sell order.
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