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Asmonist
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January 10, 2018, 10:57:19 PM |
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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.
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oegarod
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January 11, 2018, 02:42:54 AM |
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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. |
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Nerman
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January 11, 2018, 04:04:04 AM |
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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.
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jossiel
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January 11, 2018, 06:43:18 AM |
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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.
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, 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. 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. |
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anavir
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January 11, 2018, 07:01:44 AM |
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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
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sofi@
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January 11, 2018, 07:32:14 AM |
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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.
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TheUltraElite
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January 11, 2018, 07:46:54 AM |
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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
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. |
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RealPhotoshoper
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January 11, 2018, 09:56:55 AM |
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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. |
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boyptc
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January 11, 2018, 10:04:16 AM |
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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.
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Netnox
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January 11, 2018, 10:47:09 AM |
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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.
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eann014
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January 11, 2018, 11:40:45 AM |
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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.
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Pixyoxx
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January 11, 2018, 12:28:34 PM |
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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.
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Manchumichael
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January 11, 2018, 12:38:29 PM |
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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. 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. |
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joebrook
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January 11, 2018, 12:44:08 PM |
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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 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. |
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piloder
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January 11, 2018, 02:03:18 PM |
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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.
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siti25
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January 11, 2018, 03:20:48 PM |
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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.
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FrueGreads
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January 11, 2018, 04:31:39 PM |
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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.
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ralle14
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January 11, 2018, 07:53:28 PM |
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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.
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Lionidas
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January 11, 2018, 08:01:58 PM |
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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.
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Reid
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January 11, 2018, 08:27:29 PM |
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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.
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