Bitcoin Forum

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.

Trading can really be considered as an investment but on the category of short-term only depending on how you do hold of your possesions/coins. Since you did put money then it no doubt its an investment only the duration do differ.Talking back on bitcoin trading is gambling,this is actually been asked for how many times but i would answer you this, It do have the sense of gambling because you are risking money to earn money and it would really turns out to be a pure gambling if you do trade without any knowledge but risk involved is manageable.

Why would it be considered as gambling? I really enjoy trading, and i enjoy much more to hold those coins.
I am a big fan of ICO tokens, and all those altcoins that are listed and under the radar right now.

For me, it doesn't have risks unless that you do not know what the hell you are doing with your money.


So no, it doesn't apply in here, it can not be considered as gamble as long as you are not just puting a whole bitcoin in a single coin and hoping to double it in just twenty minutes.

"Why would it be considered as gambling?"

Well this is quite obvious... because cryptocurrencies are so new that trading them is more risky than using the stock market for example. Bitcoin goes up and down 10% every day whereas the stock market tends to go up 10% every year consistently. Based on this and that no one knows if BTC will even be the dominant crypto in 10 years, it definitely is risky and could be considered as gambling.

Pretty much, yeah. It's a lower risk type of gamble if you are an experienced trader, but you cannot control the market and you never know what could happen. You should never gamble more than you are willing to lose. The same applies to trading. You can also hit the "jackpot" in trading like in a casino - invest in a pumping ICO and dump it before everyone else does. The best type of trading is to HODL!

If you are risking your investments with bitcoin, I think it's not same as gambling because in gambling the possibility of losing quickly is there. Trading can be waited while price is at losing stage, but if you have patience in all that you do I am sure that you will be able to earn bigger profits in trading compared from what you are expecting from lucky gambling wins.

There is some level of gambling in trading, since there is really no way you can tell whether the coin you invest in will pump or dump real hard. Take DOGE for example, no one could have imagine that it would pump that hard, for sure the first ones who pumped it had profited really big because of it and the ones that invested in to it when no one else was buying had profited really well from it.

No, trading is different from gambling, in trading there's a specific amount of return that you can have also the chance of earnings is more possible than trading rather than gambling, though both of them requires taking risk people can be more confident with trading. Gambling at times become illegal while trading is not

The price of dollar can crash at any time, hate to break it to you but there is 40 trillion in debt across various countries that use dollars.   The US gov itself cannot repay that debt if its called on and in recent years they have made most debt short term in order to reduce its cost.     So matters can change rapidly.

A gamble or a risk is mostly decided by if the risk is reasonable.    If you are trading bitcoin value that you do not own yourself then its a gamble.   If just using bitcoin in a practical way then its just a normal risk which is attached to everything, dollar, bitcoin even an exchange in gold has some risk.

Not all activities that involve risk are called gambling. You have no idea what you're talking about. Gambling is based on risk and you're putting up a certain amount of money that can disappear in an instant. It can be a bet on horse racing, dice roll, blackjack, when you lose the bet is gone 100%. When you're trading it's never like that. It starts to go down you can get out and lose just 1% if you're fast, wait it out, get back in and win additional 2%. It's not all or nothing like gambling.

I also have the view that trade is gambling.
but the index is different.
if in trade there is nothing to lose from the profit that we can,
other than gambling like poker
there is someone who is harmed because there is a win and there is a loser

Another topic like this? I don't know why some people just create and create topics like this and it's been answered and been posted so many times. It's like the topic Trading vs Gambling thread but I guess it's still being posted. I'm just saying.

Reference: https://bitcointalk.org/index.php?topic=1560811.1500

I consider Bitcoin trading gambling because you may win and you may lose in trading. That is what gambling is all about, winning or losing.

Trading and Investing are the same when you put you're capital to invest and trade is always there's a risk, it is slightly gambled compared to play gambling site or poker. Putting money in cryptocurrencies to invest is like lower risk type of gambled already in your money, we don't know what will be happen next by cryptocurrencies either the price crash at any time.
Besides how risky putting money in bitcoin just to invest but many people trust bitcoin and i'm the one of them.

There are slight difference between gambling and investing, in investing or trading you have data to help you decide which coin is good and how many percentage that the price is going up or down, but in gambling you just rely in your luck to win the game, but if you pick a coin to invest without analysing and research then its the same with gambling

Simply putting an investment can give us an advantage if we are right in making decisions. While in the gambling game we can not be sure to be able to gain profit, as well as any skill and our experience then it will not take effect because gambling game just stick to a luck. So please think again that investment can make us profit, but gambling will only make us get life so uncertain.

Bitcoin trading is not like the actual gambling, yeah we are risking our money on it but it is not like we are going to lose it like the way we are going to lose it on gambling. Trading is about "gambling" our money risking on holding our coins, maybe it is similar to gambling in some ways but it is not totally like gambling like what we think.

That is true when you trade without any knowledge. But if you which coin need to buy and when to sell based on coin background check then it is not a gambling instead it is an investment but comes with some risks. Anyway, we all know that all investments will have some risks of losing money but that doesn't mean that it is gambling. Gambling is for entertainment purpose but trading is for earning money.

We surely does different key points on this thing. In my own point of view, trading is a gamble in a classy way. It's not that you are really gambling but the mindset was changed due to the word "trade".

But what we are doing there is totally the same as binaries, it has a win and lose result so that will be like the same as gambling.

Other traders/gamblers will say like this, "it's not a typical gamble but it's quite a gamble." Shaking my head.  ???

Well I could agree with you on the part of buying bitcoin is sort of a gambling, having to put some of your money on buying it requires a lot of looking into whether the price is going to end up going up or down, and that is a bit of a gambling as the price is unpredictable and unstable, that is why right now investing in bitcoin is in a sticky situation especially with this high price where you will be losing a lot when making a bad decision.

I do not consider something gambling, if you can manage the risk. Let's say you invested $1000 into Bitcoin a year ago and you sold it when the price was high and you made a $250 profit and then you took the profits and banked it. Then you bought some bitcoin for $1000 again, when the price dipped and you sold it again for a $250 profit.

In this way, you manage the risk and reduce your potential losses and increase your chances to make a profit or to get a return on your investment.

Gambling is different because it is what we are doing, we choose the game we play and we hope we can win, most of the time we love to enjoy and play luck based gambling. Trading is quite different because you need to prepare by educating yourself so you can make better decision, of course we never see the outcome so we have to look on a relevant basis to make sure our prediction will hit as that is the only way to make money.

The mere fact that the loss is inevitable in trading it will be consider as gambling, when there is uncertainty about the profit and you are taking a risk of making a profit it will be consider as gambling.


Buying and selling bitcoin is not an investment its called trading, when you invest in bitcoin means you are holding it for a longer amount of time and will be sold as it suits your desire amount.

Yes its still gambling because you can be certain that the price of bitcoin will be higher or lower in the future.

Well, buy and sell is part of an investment.

I don't see a reason why an Investment/Trading is a gambling. I mean the outcome of both activities is predictable so we can make a plan about it.

In many countries bitcoin or in general crypto trading and owning has been illegal though I hope this will be amended soon. Gambling has always been illegal in many places and as far as I am concerned its not my thing.

Trading on the other hand is something very interesting - every new coin that is booming after the bitcoin price rise has given me good returns. Would the same be true for gambling - sadly no. Gambling will only lead to long term losses and trading does not always need to be that risky since you always have the ability to buy and hodl for long term and then sell at ease when you want.

I think bitcoin is not gambling, but it's investment for the future. But bitcoin can use for gambling I know that.
But for me I use bitcoin for investment only, not for gambling. Because I concern bitcoin for my future.

For me trading is like a gambling too because you will put your money without knowing what will be happen next if you will gonna gain or lose but the different is in trading we cant prevent sure losing by researching and knowing the commodity first before we pour our money unlike in gambling we will just rely on luck no matter how skilled we are after we throw the dice.

Well, in my own point of view also bitcoin is trading gambling because you have the right if you want too, to sell it at your goal price as long as you want to sell it in your own goal of price while it is also investment gambling because you can also keep holding it for atleast months or atleast years or let's just say a decades but this is very dangerous if it's keep in decades because we don't know the future of bitcoin weather it will grow more or wil going to crash sooner or later.

In years behind this question was asked many many times, and I think people were always half half, halfbof the people claims that trading is separate thing with no connections with gambling, other half thongs that trading is the same like gambling.
For years I'm talking the same thing, gambling is not just gambling, there are so many different games with different rules and you can't classify all that with one word. Trading is one of this gambling games, with some special rules and you can win just with special skills, you can't trade like you are playing roulette, I mean you can but results will be based on luck. You need to know the game before you even think about start earning from that game.

In my point of view, It is true that bitcoin trading is not gambling, but most of the similar points are here between them that when we are doing trading or gambling then both are look same. But actually we just think about it ,but in real, it is not. Bitcoin gambling is gambling and bitcoin trading is trading and if we do invest then it call investment. 

Indeed it's almost resembles because it dependency on one thing, but still trading can't be said as a gambling because it has different characteristics and certain efforts, which gambling is more directed to just a game that's played just for fun in general.

We know a trader has the ability to reading the situation and then change it theirself with several efforts such as involving many aspects ranging from market research and analysis, financial management and risks management till psychology management for recognizing market psychology. While a gamblers is rely on lucky and dependency on games that's played or like just raffle a fate, because the game played is so random and unalterable as to what we want till can making a definite profit.

I think bitcoin trading becomes gambling when a person does not have a skill in trading so he tends to be in a forward and backward motion,taking risk in his part.But when an expert does trading,he does not gamble at all because surely he will make profits than losses.Maybe in bitcoin buying i guess it's quite gambling in the part of the buyer because bitcoin has its volatile nature,he never knows when will the price increases or may just stick on a lower price.

By definition Gambling is the wagering of money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods. More often we lose because of greediness.

For me trading of bitcoin is also a gambling, because we gamble our money but it is more likely to gain than lose.

If you put your money in something without assurance of return or you dont exactly know the outcome then its like gambling. However in trading, you have the control if you will sell your coins already or wait for your specific target price in short it depends on your decision unlike in gambling wherein you have to depend in your luck.

For me bitcoin trading is not a gambling because in gambling you are playing a game of chance for a price while in trading you put your money into something that you know you will earn from that. And yes i agree that buying bitcoin is a gamble in the sense that you are not sure if you will gain or lose.

same question would be "is trading gambling?". I don't see any different from this perspective between btc and other markets

It all depends on the initial goal we have, that's why the importance of a vision when it comes to doing something. I do Trading because I know that by trading I can earn income. I have the skills and I believe that I can do the analysis to make the right decision.

Bitcoin trading is quite different from gambling and you can just know this buy Google the two phrases. Trading involved a strong analytical reasoning and good skills on fundamental analysis to be able to make serious money in it why gambling don't need those analysis.

I understand what you meant; both gambling and trading involves high risk in the sense that you put your money and you aren't sure of what to expect or the outcome. Well, they both may seems alike because of this unique charateristic they have but you shouldn't ship them together. In trading, you are certain to some extend to expect a profit after a good research on a coin,  but in gambling; its a complete game of chance or probability.

Trading are way better compare to gambling simply because in trading you study every price movements of the coin and you trade with your goal and target price while in gambling you are just hoping for some luck. Both are risky but if you want to control your money well go for trading.

Gambling is something like risk losing. When we do bitcoin trading we risk to somehow loss or be keen to win. So therefore, trading has a gambling features since you gamble into something like buying and selling. Its not totally gambling it all the way but it has a period of time. Somehow its confusing but I guess the bottomline is we either loss or win.

With bitcoin trading and gambling risk is associated. In my thinking gambling has got the highest risk compared to that of trading. Because with gambling if won we earn big, or we lose everything we have placed as bet. With trading when we sell at least we get an amount even when price of particular asset has fallen low in value.

Although they have a few similarities Trading and gambling is different.

Many people would say that trading is gambling but there are major differences:

Similarities
Risk
you need a capital to start with


Differences
Gambling is short term while trading can last a lifetime.
Once you lose your money is gone. trading as long as you do not click the sell button it is just paper loss, you may recover the money in the long run.

Just like what I'd said that it was quite a gamble but that's not totally a gamble. It's confusing right? But we are playing differently the usual way of gambling is.

There are some sort of similarity with binary trading which is also a trading that you will predict a price but it's totally different. I know you are confused the way I'm explaining but it all goes depending on how you will take a look at bitcoin trading.

To make it short, things that has risk is surely a gamble.

sort of...because to have bitcoin you have to use your hard earned money to buy bitcoin hoping for a big profit with no assurance wither it will continue to rise high or lower its price

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.

Well bitcoin price has risen a lot if you observe the graphs at coinmarketcap and overall capitalization of market. Since the economic model of bitcoin is deflationary its price is bound to rise as more and more people invest into it. Hence we can buy bitcoin at low price and sell it once it touches high - but the patience is necessary.

In gambling its like roll it and see what happens. You cannot use your experience to get the odds on your side specially not in EV- games.

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.

My answer will be yes on this matter. Bitcoin trading / altcoin trading is gambling, you are putting a risk on it and there's win or lose just like any other gambling games. Its a gamble no matter what others think if it's not, you'll just say that you lose when your trades gives you an headache.

I guess that is the case. Till now, no one has successfully predicted the Bitcoin prices in the long term. Look at what happened during the past 24 hours. No one saw the Korea ban coming. The same was the case in September, when the Chinese tried to ban the local exchanges.

Trading is not a gambling, gambling and trading are different things. Trading can considered as investment but not as gambling. We put our capital into trading to gain money if we sell it in the future. Just like in investing. For me they have a similarities.

In a way, yes it is very much alike gambling.
In gambling, the risk factor is very high, the duration is quite low and the predictability is quite low. Same is the case in bitcoin.

Bitcoin also have very high risk due to its excessively volatile nature. For non-investors the duration that they trade in is anyways low and predictability of bitcoin is as good as anh gambling game, i.e. pretty uncertain. So i think trading in bitcoin is not less than gambling.

yes trading is not a gambling, here we will not get 100% loss we will get chance to withdraw our investment. In gambling only if you win your bet your money will come back or else you need to forget your investment. So trading is far better than gambling.

In some you can catergorize trading to be gambling as well, Most of the times when put put their capital into trading, it doesn't always end up with the trader making profits, they buy and hope that it may go high and then sell and when it doesn't they make a loss.Its based on luck most of the times.

If you are doing binary trading with Bitcoin market than it's gambling but normal trading can't be considered as gambling because luck is not the only factor that affects your profit.

Trading can't be considered as gambling but most of newbie invest in Bitcoin without any deep research so they can easily loss so much just like gambling.

Not because to me gambling is basically a game, a game involving money to stake. While trading is not gambling even though both are risking money, but trading is not risking money on the game and I think trading is more like a business than a gamble. So gambling is a game, trading is a business, they are different.

I think bitcoin trading, or any sorts of trading for that matter, are forms of gambling simply because you can't be sure that you will not get returns from your investments. You can call it educated gambling, since there is a lot of skill involved, and if you are good you can probably have profits in the long term, because you are making good decisions, but it's just like playing poker, or making sports betting. There is some part of your investment that is left for chance, and you can't control that, so you are gambling.

The word gamble has more than one meaning if you google up the word it could either be playing a game with stakes involved or going for a risky move that could result in a better outcome. Bitcoin trading is indeed gambling because traders want to profit and at the same time lose money. It fits with the other meaning of the word but I know that there are other people that would disagree to this.

I don't see trading with cryptos including bitcoin and even alt coins gambling.
You hold those in your wallets on the exchanges you choose.
So you are not losing them but trying to leverage with them.
So you are not gambling with them necessarily but just on the pumping and dumping of the markets that you are putting them towards.

Even those who do it on Forex is also a gamble.
You risk a money and bet it on one item. That is already gambling.
They just made it a little good with names calling it "investing". But the truth is deep within it. You bet on one side thinking it will make you rich but there will always be a possibility for it to sink.

Gamble is always there because we risk something and talking about binary options i would consider it to be more a gambling thing than on those traditional trading ways on bitcoins price.If you just put up some orders without any preparations then most of the time you will lose up some funds or this kind of step isnt really different from gambling at all.

The hability of each "player" is based on the fact that you need to make money or, in other hand, you have to make money. The view point to face this specially new modality of investment as a gambling game, at this moment, is old-fashioned. Bitcoin has already stabilised in the world as an investment currency for the ones who do not play with cards or dices but for those who deals with economic information sources. Gambling bitcoins may be an irresponsible form of investment.

All trading is gambling in its core. You can lose your investment or you can make more money. Is is the very basic of gambling.

I got your points because of the unknowm future after buying bitcoin but, I believe buying Bitcoin is far from gambling.  The reason for this is that we can research early, before buying Bitcoin, we have control on when we will enter the market which is pretty logical.  Even after buying Bitcoins, there are lots of option to minimize the risk and or completely nullify it.   Unlike gambling that we all have only one option but to wait for the result of the "roll" after betting.

It's a gamble and by buying a coin that doesn't have an idea if it will grow or not in the future is certainly a gamble. I'll compare it to sports bet, many sports bettors are studying first the match before it comes and that's what we call analysis before betting. The same goes with trading, whether that altcoin will grow or not we need to study it first before buying it. And other traders are just gambling it that they want to buy that altcoin because they just feel it.

Yes, i think we can call it gambling since in the first place we gamble the situation if it is the right or wrong time to trade because we cannot visually project if when is the right time to trade because we always have an fear that what if the coin value will still climb or it will totally down so in that situation we are gambling because we cannot tell what will happen next.

I'm just comparing binary trading with the normal or usual way of trading. I'm giving it as an example as others are calling it a way to trade and some treat it as completely way of gambling.

Okay let's set it here.

Trading does have risk, gambling does have risk. You can gamble without thinking and you can trade even without thinking.

You can recover easily with trading and you can't with gambling but it all depends on the situation as there are gamblers who can recover their losses luckily and it's easy to them.

Okay, I'll stop here as we are getting far.

I don't agree with you because in trading if we have the skill to analyze the coins, we can make a profit. I think even if you are lost in trading, you still could make a profit if you have the patience to wait for the price increase back and not all people have this. and if they cannot wait the price is back, then they might be selling the coins at a low price and they lose their money. it is different from gambling which we cannot recover our money once we are a loss because the chance to make a profit is too low if we compare the trading itself.

trading is still the same as gambling because there is still a risk and your putting on your money as a form of investment to buy the specific coin in order to trade them but in the case of gambling your putting your own money as a form of bets in order to start playing.

of course yes we can still recover our money if we loose as long as we still have a balance to bet for another round. although the chances are pretty small because gambling depends on pure luck and not on skill or patience.  but overall if i were to choose on both of them , id still prefer to trade rather than gambling as it is more profitable and have a lesser risk.

OP It's both risky but it's different in many ways like if you trade it base on the coin if you can earn and in gambling with pure luck.I think you need to read and be careful what you post also or you create a topic here because your subject is double meaning so i say do it properly,Moreover you already create a topic then we answer your question base on what we understand in your post.

Bitcoin trading is definitely trading as you bet on an uncertain outcome and if you take a look at the price chart, you will see its huge swings of $ thousands. If you have invested, I do not consider it as gambing, because the price continuously increased over the time.

have deferrence trading and gambling for my opinion in the trading job you need a patience and time to wait the price raised up or you need to monitor the price when up or down that is the very important for the traders, in the gambling need a luck and skills but very risky almost 100% of you money become lost if have can't control self.
if you analyst almost the same have a risk trading and gambling both are a skills and knowledge control itself to avoid losses on that both activities
but for me trading is profitable and gambling are only for relaxation and fun not to get profits is only game.

Trading is somehow a bit of gambling , but at the end , and in the case of a loss , your loss won't depend on random parameters or just luck . Trading can go as smooth as possible according to research and how much effort and thought you've put too , it is much more safer and you got the upper hand on your money , whether with gambling , you got no hand at all and the fate of your money is a random output that you can't control by any means on earth .

Bitcoin trading is also like gambling that you need to invest, but the percentage you earn income using trading is much higher than gambling. In terms of gambling you may earn a lot of income but you can possibly lost high amount. However, in terms of trading you can possibly earn high amount of income without any losing of investment.

Any investment you do not understand is gambling. Anything you're not sure of but you do, means you're gambling on something uncertain. That's tantamount to gambling because most gambling is closely related to luck. Conversely, if you do invest from the things you know and you learn, then you'll know that the investment you make must be profit, and that's not gambling. Unlike gambling, you do not know whether you'll get a profit or not. You can lose and you can profit in the investment, but that's only in certain circumstances. I hope you understand what I am saying.

What load of BS? Either you don't have an idea about crypto-trading, or you are just posting rubbish to increase your post-count. Who told you that there is no chance of losing your investment in trading? A lot of people have lost their entire investments in trading alts and Bitcoin. There is always a risk associated with trading. If there was none, then everybody in the world would be trading crypto.

I think bitcoin trading is not gambling. And investment  is not gambling. Each person wants to fulfil  the needs of their life, that is by trading or investing bitcoin. For me it is not a bad thing and it won't be harmful  to each other

There are lot of differences between investing bitcoin and trading bitcoin, even investing is subset of trading. Here, we need to consider only trading aspects and not investing things. Bitcoin trading may become similar to gambling when a trader takes blind decisions. Because technical analysis is the only part which differentiate trading and gambling.

If you conduct gambling and trading at the same time then it will be harmful to each other. Trading must be a sensitive thing and we should not do that with any other activities.

There is a big difference between investing in bitcoin and day/swing trading bitcoin. If you invest some money and forget about it, that's one thing. If you constantly try to ride the wave of bitcoin's price and try to multiply your money a few times a day or week, that involves so much more risk, one bad call can ruin it all. The latter is gambling.

I am shocked.
Strange, what if you'd invested when bitcoin price was $20K? Now it is 13-14K, and literally no one can say is it going up or down, whoever invested back then lost almost half of investment. They don't say without a reason - invest only what you can afford to lose.

Your explanation is make sense. Daily traders, people who buy and sell bitcoin in daily basis can be considered as gambler. Tbh, in our daily life, there are a bunch of things that can be called as gambling as well. But, as long as it is legal, we shouldn't worry too much.

Trading is a better way to make profit only if you know what to do there , not a random trading.
A lot of people trading based on nothing , just do it by the feeling and wish it can produce profit , what a fool.
In the end it is always on how you treat both , trading better just because it is not addictive.

I'm sure there are many day traders who try their best to analyze bitcoin's price path, and they may luck out often, but the bottom line is it will be impossible to predict bitcoin's price 100% of the time. If someone can ride the waves, good for them, but emotions can easily get in the way and ruin everything.

Yes, many things can be considered a gamble. Some people gamble with their freedom when they commit illegal acts to make money (robbery, selling drugs, etc). That's a totally different topic though :P

But what makes a difference between Trading and Gambling is in trading we can make a technical analysis to analysis any possible outcome, and we know some Gambling games don't really need a skill except the skill-based gambling. So. I disagree any Bitcoin trading/investment is a gamble. Except If some people just blindly following others people investment/trading advice, then we can safely judge the people is gambling.

Well honestly speaking there is a thin line between gambling and trading, what makes it different is the attitude. In gambling you let it go as it is about luck while in trading it’s not like that. In trading you have to work hard before you jump in to it. Till the moment you can’t analyze things yourself it means that it is similar to gambling, just the game is different for you. I don’t know much about gambling but in trading patience is must along all the analysis and identification process.

In my opinion that is different, bitcoin trading is an investment which skills can be used and not based in your luck unlike for gambling it is pure luck also trading method is much profitable than gambling.

I prefer to do trading than put my time in gambling. Also even small amount of capital in trading you can make good amount of profit.

Whether it is legal or not but still gambling is a waste of money if anyone doing it every day. Including day trading also very risky because it is hard to predict prices on a day by day because even very good coin prices also can't say how it will perform today or tomorrow but in the long run, we all know it will give a good profit. So I consider gambling and day trading both are same.

Actually both gambling and trading are both risky.
But like whtat you said, not all the activity that involve risk are can be called as gambling.
Trading is just risky because you every time that you buy a coin,
You have no guarantee that it will increase.
It always has a chance to fall down , lower than the price when you bought it.
And that the reason why you experience losses.

To me, it has nothing to do with gambling.
In gambling, it's just you versus mathmatics. You have no chance to win in the longterm.
By trading, several skills must be used to achieve the best result; in gambling it makes almost no difference if you're experienced / skilled or not.

It differs with sports gambling which is pretty much the same as trading because you can set limits and control the way you loose or win a bet. I don't think you are not gambling as a trader also because the outcome of a trade  can go either way too (profit or loss).

I totally agree with you, it's just the same as day trading because you try your hands on them daily and you can either win or loose in a day but the accumulation of your daily outcomes will make you know whether you are in profit or not. I will opt for both in order to diversify the money i can afford to loose.

You can make as much technical analysis'  as you want, the bottom line is you will not be able to predict all price swings. This is where it gets complicated... How much to risk at certain points, when not to ride the wave, when to go all in, etc. One wrong call and you can potentially lose it all. Then emotions come into play. How do you keep them out of the picture? If you have a bad day, do you not trade that day, or can you leave those emotions out of your trading? The more experienced you are, the lower risk it can be, but nothing is guaranteed. I think if you trade bitcoin for a whole year and stay green, that's when you can call yourself experienced. It takes a lot of nerve and brainpower to make the right calls most of the time.

When i do trading and then i do gambling, then i also feel both are same. Buying and selling like a gambling. Similarity is trading and gambling, in gambling we play games and in trading we play with coins and all the time, we have risk and our money on the risk. In this wise, i also think that bitcoin trading is bitcoin gambling.

I disagree with your explanation as trading or even day trading can be called as gambling except if you are just buying and selling randomly of course. In all kinds of trading you need to have a plan and also your buying and selling decisions will be based on technical analysis. While in gambling you winning is always based on your luck. Also riding the wave or the trend of Bitcoin's price is really not called gambling as your basis is of course the trend of its price action which is involve in technical analysis as well.

Yes I think so.  Trading is still a form of gambling as you are making speculative trades hoping that luck is on your side in terms of markets. The only out right difference being that with trading, your decisions could be informed by some analysis that you do prior to investing.  Equally, there are associated risks with both and one has to be very careful.  Both trading and gambling are one and the same in my view and both has been known to help people become successful or ruin their lives completely.

People would say it is. I mean mainstream people..

But they wouldn't for stock trading. Which is wrong. I mean, crypto trading is same as stock.
You shouldn't think that as gambling. Simple as that.

Aside from that , trading depends on the outside factor such as news, development, hype, FUD etc,  while gambling only depends on its internal setup and is driven by chance.  This means the risk involved in trading can be manage, mitigated or nullified if the person doing the trade is skilled while gambling , we just rely on chance and risk is fixed and cannot be mitigated.

This is just my opinion, yes can be considered as gambling also because it is an activity involving of betting money but as a business minded too, partly can be considered as investment too, it depends on how you look at it, because as i’ve said it is just my outlook on that, but whatever how you look at it, it means for good anyway😃

as I've already said on a thread that is almost the same as this. bitcoin is not gambling, but bitcoin is an asset and a place to invest. in investment there is nothing to lose if we get profit. but in gambling there must be a loss if we win gambling. whether fellow gamblers or the web gambling

From the word i'is known that trading is different from gambling. Trading is analysis based. While gambling is only a mere profit.

How could you say that gambling is a mere profit when you can lose everything? It's not always profiting because you could lose a lot of money. Trading definitely requires analysis but gambling could be analyzed as well with different strategies.

Probably it will depend on how you see gambling. Gambling can also define a trade since the end result isn't entirely on your hands. Yes you need to have the tools to have a better chance but at the end of the day, you're still not certain of a good profitable trade, hence its still in a way, a gamble. Unless you're a whale with enough btc to sway the movement of coins.

But I don't agree that gambling is a money making method. You're not diversifying but by knowingly your wasting your money on these games. In day trading if prices go down and if you don't sell your coins then you still get a chance to make money in the future or at least recover back your money if prices go up. But in gambling, if you lose means gone forever and no way you can get back your money.

This is the advantage of trading which even if you missed the chance on selling out or even on buying out there still chances for you to make money later on when prices tends to move on what you are expecting.As long you didnt sell or buy you wont lose nothing. Gambling cant really be considered on money making and as you said this is just really wasting up your money.

Trading is like a gambling in terms of selecting coins to invest, because you can't know if you win and earn high amount of income. Trading and gambling are probably high risks but one thing I can sure.

If you invest for trading you can sure that you are not lose because if you make trading into different coins in the crypto currency world. While if you invest in gambling your chances to win is 50-50 like a person in an ambulance. But if you are lucky it's good for you, because whatever happens you can possibly to recover all amount you lost.

This argument will never end. We can conclude that trading and gambling are the same because there's risk on it. And every investment has risk will be called like a gamble so whether you trade, you gamble or do anything to regain some profit out of your capital can be called as a gamble.
Not all does have a good TA so there's no assurance that you won't lose when you trade.

Yes bitcoin investment is just like a gambling but it's a lower risk than to play in casino or in gambling site.
For me i you having a lose or win in bitcoin then that probably a gambling so therefore that is gambling, because not all who involved in trading are always win some of them are having a lose. In putting capital in trading just put amount that you can afford to lose don't put all your money in trading just to gambled.

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.

Gambling is pure crap if you do not know what you are really doing or if you are just playing because you are "bored" and i know a lot of people who are just doing it so because of that.

And no, it can not be compared with trading...

Yes it is very different. The gambling game is just a way for people who are frustrated because they do not know any other way to earn an income. Though in fact gambling game only rely on a fortune. While trading is a more realistic thing, trading can be said to be successful and can give us income when we can make decisions and analyze well. So these are all different things, gambling is very influential to luck as trading is strongly influenced by the analysis we have.

Why not compared to trading as many people prefer going for trading in their bored times.
Yes, they are not ready to spend time for technical analysis but they want to make money from trading. They do feel technical analysis as a bored job but wants big money in more quicker times.

Trading is not exactly a gambling but many people are approaching trading in a same way how gambling suppose to be conducted. With respect to those lazy people, trading and gambling do not have any big differences.

While trading stock and bitcoin are similar, I do not think they are the same. Bitcoin is a lot more volatile than the stock market. Since stocks are backed by companies, most stocks will not lose 33% of its value in a day like btc did back in December. Higher risk is an understatment.

Gambling differs for every gamblers in the world so it is the on the way of people how they saw gambling so it is different for all people who invest in gambling .

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 it comes to legality then trading would suit it but there are gambling sites which are legal depending on which country they are operating.Coming back topic about the comparison trading which have been done by newbies is always like gambling because of lacking knowledge on doing it which is entirely the same as gambling.

It can be a form of gambling because you are wagering on a development team's ability to deliver the goods.

I believe so.Bitcoin trading is definitely not gambling because you have to think first before you trade,and for sure you will not trade when the price is still low.The best time for it is when you see the price really gets higher so you can also make a profit out from your capital.But on the contrary gambling,you can make make it anytime you want.Yes it is mainly based on luck.And if you're not lucky enough,you will totally lose the game.

I agree with some points given by Coins4Days. Despite the lack of entertainment (in my point of view) when it comes to trading, it still somehow gives you the same feel and sense of gambling due to the risks it can involve you in. However there's a part of me that really thinks that both aspects truly differ from one another since gambling is a game of luck while trading allows you to analyze and study the trends and other data which can help you in your decision making. This is something that you can't incorporate in gambling since it involves mostly of chances.

Well, bitcoin trading is having similarity in gambling only in terms of profit assurance since by trading bitcoin we also have to gamble the situation if it really more profitable or not, but still more chances of having good profit than that of gambling itself because as we know that gambling is somehow to lose more and win less and and the long run bettors are still the loser.

I agree, they are totally different from each other. Trading is even better because we can gain profit just have a good knowledge and with it and we can do it. Gambling is more on luck and we cannot say if we can win and if we can get back our investment with it after betting. We cannot say that after we bet we can still get it, there is a small chance of winning in gambling.

I agree. I believe that bitcoin trading  is very different with bitcoin gambling. Although this two way of earning require risk, it cant still be consider as the same.
Especially in trading , you can do day trading where you can earn a small profit everyday. It is quite sure tha doing gambling. Because in gambling you only have 50/50 percent of chances. While in trading if you have a proper skills then definitely the chance of you have an income come bigger.

It's definitely a different thing because you need to have a proper skill with both of it. For example in trading, you need to know how to read graphs and to interpret it so that you would know when and where it is going to rise or fall. You would know when to buy. In gambling, you need to know the game to play it. Definitely, the goals are the same and that is the thing we want most, profit.

Yes you can say that because I don't think majority of the people are gambling because they want to profit from it some think of gambling as a way of entertainment and winning is what entertains them the most. We can all have different emotions to what gambling and trading is but they all have some key differences. Gambling is always based on luck your analysis don't matter as you can only win or lose in a bet. Also in Trading your basis is of course technical analysis which you have the full control when to profit as you have the decision when to buy and sell.

I see a similar aspect in trading and gambling: in gambling we have house edge, in trading we have the exchange conversion tax, and if we compare trading with sports betting I think it's almost the same thing. Skills/analysis will affect both situations, but a bit of luck is needed anyway.

The difference is that when trading you hardly lose all your money at once. You can have some losses by selling a coin cheaper than you bought, but you won't lose 100% of the invested money at once as you can still sell the coin and recover part of the investment. In gambling it's not possible, if you 'invest' X, in case of loss you will lose X (100%) at once.

The only thing that can be compared to "gamble" is just investing on ICO's. Otherwise, it can not be compared with gambling because it is not even similiar to it.

Stop with your bullshit, because we all in here know that it can not be compared.

Gambling and trading are pretty similar, especially trading cryptos. You could lose everything with one bad call. They can be compared very well, that's the whole point of this thread.

Trading it's all about making predictions based on the market data where gambling predict things without anything to look at just you and your feeling to play certain games expect to have some profit. If you know how to trade properly you won't consider trading as gambling at all , it's different clearly.

There are a lot of users who are now addicted to gambling and even some gamblers have their own views on gambling and also some gamblers have high profits in gambling which makes them go towards gambling. But gambling can hardly be profitable because the amount we win in a game is multiplied and lost in the another game which in return gives you nothing but loss.

Whereas bitcoin trading can be hardly compared to gambling as we purchase a amount of coin and wait for it to grow up and sell the. Bitcoin trading is completely opposite then gambling according to me.

Yes we can consider that trading in bitcoin is a firm of gambling because when you are able to have a trading since bitcoin is an a transactions that needs investment or such as flow of money. So that we can consider that when you are able to  trade in bitcoin is you already gambling.because you are able to sacrifice you money and investments to gain more money that is trully needed a lot of time to reach for it.

My opinion YES, especially in the case of newbie traders or/and newbie in a crypto world. In such cases decisions towards sell-buy usually based on the feelings and on words of other people, so to me it all looks like a real gambling, because of nobody do not give any guarantees that everything is going to be exactly like that, but not the other.

My also opinion is Yes, in these case, risk and no guaranty to win or lose, risk and sell or buy no guaranty to make profit, these ways look like we are playing gambling and doing trading. Sometime we feel a lot of similarity in them, but we don't forget that both names are different. These main difference are i feel it that trading is not easy and gambling is easy to play but we make money mostly in trading than gambling.

But it's fun to gamble that's why there are a lot of people getting in and failing to control themselves to recover from their losses. There has been no guarantee with anything especially in gambling because it's a risk that you will take if you will do that. I agree that trading is not easy and requires a lot of study with different approaches with it.

It's completely different between bitcoin trading with gambling. Gambling is easier to play in my opinion, because luck more dominant. Easy to make decisions in gambling, then let luck or misfortune come to us.

People should really be aware on the risk that might happen if they do decide to do pure gambling which is on possible on those games we do know but talking about bitcoin trading is entirely a different thing.It may turn out to be a gambling because its an investment which do have always a risk on losing money but with out knowledge and skills we can able to handle that thing.Everything on this world do always tied up with gamble if we do like to earn something then we do really need to risk.

Yes it is the major factor. Gambling completely depends on our luck as anything can happen in a game. Even a loosing team can win in any sports and vice-versa the winning team can loose. Whereas bitcoin trading is not like that and even if the price for bitcoins goes down after we purchase some coins, that loss can be recovered by holding the coins for long term and selling them once they are high enough.

The money lost in gambling can't be recovered and also gambling is highly addictive as compared to bitcoin trading. And the loss in bitcoin trading is comparatively low.

It depends on a persons way of investing because trading somehow becomes gambling in particular of buying some very high risk coins out of nowhere. Investing on bitcoin trading is not gambling if you know how you will make profit in a sure coins.

I think if you're just buying and selling in the short-term in the hopes of making profit, it is much closer to gambling. But if you buy bitcoin to hold in the long-term, it is probably similar to an investment.

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.

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.

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.

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.

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.

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.

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.

It is like gambling, but not as risky. When you gamble and lose all your money it is impossible to receive any kind of refund, it could happen while trading, though, but the probability is lower, you can track the price changes at least. Also trading isn't addictive, so you don't feel like you have to put all in because of a chance to gain a lot more.

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.

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.

You could also analyze in gambling like what strategies to use, whether you would bet it or not, it's something like that so it needs to be sure. It's fun to think about because if you win, you get to have lots of money but the downside is, you can get greedy because if you have done it once, you can do it again mentality, and that's what is going to get your balance.

Choices or decision doesnt really involves analysis because most of the time intuition is the thing which do make those moments on where we do think of if we would proceed or not.This is only applicable into some games but not to those who totally dependent on luck games. Trading can be learned up and its way more better to engage to it than on gambling alone.It might not give fast profits but it is sustainable for long term.

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.

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.

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.

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.

It is different only for the people who know how to gamble and how to trade. But, some traders are not ready to make proper predictions for their trading and they test their luck with trading in a manner they are supposed to do with gambling. When both trading and gambling are based on predictions, I believe they are getting confused about each other.

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.

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.

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.

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.

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....  ::)

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.