Is Bitcoin Trading Gambling?

[CyberR.]

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.

[1715304370]

1715304370

[milewilda]

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.

[shursight]

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 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.

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.

[An0nyMoose]

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 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.

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.

[Coins4Days]

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!

[Bustart]

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.

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.

[LuanX3]

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.

[audrey12]

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

[STT]

Bitcoin Trading isn't Gambling but Buying Bitcoin is “gambling”, in the sense that its an investment that could price crash at any time.

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.

[pixie85]

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.

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.

[Rinsend]

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 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

[crwth]

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

[Ramtapsbtc]

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.

[sheenshane]

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 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.

[Indrawan77]

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

[BlackPanda]

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.

[daringdiscovered]

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.

[chris200x9]

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.

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.

[jossiel]

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.  

[Shenzou]

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.

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.