if you focus on the price of bitcoin, you are gambling

[dunfida]

I don't think so. To gamble means to risk your coins. Looking at the charts and checking it frequently doesn't put your coins at risk. I don't see the connection of your idea with gambling. That's basically just waiting for the best time to sell your coins. It's technically called trading. If you missed selling at a high price, your Bitcoin would still be the same. If you have 1 BTC, you'd still have 1 BTC. Just wait for another time to sell your coins.

Agree,  the word  gambling   means  you are risking your money to get money but  in OP's  situation hes  just  waiting  for the right time to buy bitcoin therefore its not gambling at all since  all you do is wait but    i would recommend that its better  to  risk your money at these days rather than waiting  because  you wont gain profit on just waiting.Price movements are  unpredictable.

[absy]

if you focus on the price of bitcoin, you are gambling.  calculate how much USDs you have in hand while you have bitcions in your wallet.

if you focus on the tech of bitcoin ,and hold bitcoin without exchange for more than half a year. then you are playing bitcoin.

that's right?

I would name it trading . Gambling is something where luck matters and I don't think price of the bitcoin involves luck , its purely depends on the market ( People buying and selling ) so If you are holding bitcoins and you are focusing on the price of it , its more of trading .

[Omegasun]

if you focus on the price of bitcoin, you are gambling.  calculate how much USDs you have in hand while you have bitcions in your wallet.

if you focus on the tech of bitcoin ,and hold bitcoin without exchange for more than half a year. then you are playing bitcoin.

that's right?

I would name it trading . Gambling is something where luck matters and I don't think price of the bitcoin involves luck , its purely depends on the market ( People buying and selling ) so If you are holding bitcoins and you are focusing on the price of it , its more of trading .

But depending on people buy and sell involved luck, because you didn't know when other people will sell/buy their bitcoin. And if your unlucky, you might be loss if someone dumps after you buy your btc. Trading is actually gambling too if you look it in other perspective. 

[Herbert2020]

if you focus on the price of bitcoin, you are gambling.  calculate how much USDs you have in hand while you have bitcions in your wallet.
if you focus on the tech of bitcoin ,and hold bitcoin without exchange for more than half a year. then you are playing bitcoin.
that's right?

playing means just focus on bitcoin  and it's tech.  and enjoy the logic of it
gamble and investment mean you care ,you lose or win .

this doesn't make any sense!
i think you are one of those people who thinks trading bitcoin (looking at the price) is like gambling. but it is not. it is an investment and if you do it as a daily investor/trader then you are taking more risks and if you have the knowledge you can use the chances to make money : there is no gambling risk and win or lose here.

and you playing bitcoin doesn't make any sense either, if you use bitcoin then it is like fiat (USD) for you so if you are playing USD then you are playing bitcoin too.

[BitMaxz]

if you focus on the price of bitcoin, you are gambling.  calculate how much USDs you have in hand while you have bitcions in your wallet.

if you focus on the tech of bitcoin ,and hold bitcoin without exchange for more than half a year. then you are playing bitcoin.

that's right?

I would name it trading . Gambling is something where luck matters and I don't think price of the bitcoin involves luck , its purely depends on the market ( People buying and selling ) so If you are holding bitcoins and you are focusing on the price of it , its more of trading .

But depending on people buy and sell involved luck, because you didn't know when other people will sell/buy their bitcoin. And if your unlucky, you might be loss if someone dumps after you buy your btc. Trading is actually gambling too if you look it in other perspective. 

Honestly not totally lose because you can be still holding your bitcoins for a long time and sell them in the right time to have a good profit.. people are losing in waiting for the price increase they cant wait for price increase back if the price is decrease in the present price..

its not for luck base you this is depends in your analysis and the price of bitcoin is depends in demand and supply.

[Red-Apple]

if you focus on the price of bitcoin, you are gambling.  calculate how much USDs you have in hand while you have bitcions in your wallet.

if you focus on the tech of bitcoin ,and hold bitcoin without exchange for more than half a year. then you are playing bitcoin.

that's right?

I would name it trading . Gambling is something where luck matters and I don't think price of the bitcoin involves luck , its purely depends on the market ( People buying and selling ) so If you are holding bitcoins and you are focusing on the price of it , its more of trading .

But depending on people buy and sell involved luck, because you didn't know when other people will sell/buy their bitcoin. And if your unlucky, you might be loss if someone dumps after you buy your btc. Trading is actually gambling too if you look it in other perspective. 

the fact that you can't make sure when to buy or when to sell which is also known as speculating or analyzing the market doesn't make trade gambling but it makes it gambling only for you.

there are a lot of signs that you can follow to see what really is going on and yes there is always a chance of losing money and be wrong about your analysis but that is only because you can not predict unpredictable incidents like the bitfinex hack which caused a downfall. but you can use these too. for example in that particular situation you could have sold fast before the bigger drop and bought 100$ lower than the current price.

so you see it is not at all like gambling.

[hua_hui]

it is always good to know more. So monitoring on the price of btc is also a good thing. Similarly, even if we need to use btc for transaction, we also need to focus on the price of bitcoin to buy more or less.

[talkbitcoin]

i think your wording of your comment in OP could be a lot better. for example you could have said if you are expecting bitcoin price to go to the moon and make you become rich then you are gambling.

but it is not true that if you are watching the price or investing in bitcoin and think it can go up in reasonable amounts you are gambling.

[shanem]

i think your wording of your comment in OP could be a lot better. for example you could have said if you are expecting bitcoin price to go to the moon and make you become rich then you are gambling.

but it is not true that if you are watching the price or investing in bitcoin and think it can go up in reasonable amounts you are gambling.

No matter what OP is focusing on the price or tech for bitcoin, it is considered gambling as you are taking a risk to bet that the value of bitcoin will rise. To me, you are gambling when you buy a stock, a foreign currency or invest in anything. However, you can increase your chance of winning if you research before buying.

[shintosai]

i think your wording of your comment in OP could be a lot better. for example you could have said if you are expecting bitcoin price to go to the moon and make you become rich then you are gambling.

but it is not true that if you are watching the price or investing in bitcoin and think it can go up in reasonable amounts you are gambling.

No matter what OP is focusing on the price or tech for bitcoin, it is considered gambling as you are taking a risk to bet that the value of bitcoin will rise. To me, you are gambling when you buy a stock, a foreign currency or invest in anything. However, you can increase your chance of winning if you research before buying.

thats the advantage knowing the possibility of your position can say that you are just helping the stock to grow and be ripe after that harvest will come and earnings for you is for sure so its not gambling its pure investment that waiting for your commission in return just for my opinion though.