Is Bitcoin Trading Gambling?

[Kakmakr]

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.

[mirakal]

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.

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.

[maxj57634]

So the question is if Bitcoin Trading is a Gamble or not?

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 an investment. Now, Is it 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.

[vv181]

Buying and selling Bitcoin is an investment. Now, Is it 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.

[TheUltraElite]

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

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.

[lili song]

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 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.

[Flor1982]

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.

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.

[BabyBoss]

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.

[iv4n]

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.

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.

[noormcs5]

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. 

[denny27]

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.

[Finestream]

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. 

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.

[francesyrus]

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.

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.

[lienfaye]

So the question is if Bitcoin Trading is a Gamble or not?

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.

[yamortsac]

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.

[xanaxxx]

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

[iqlimasyadiqa]

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. 

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.

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.

[omonuyak]

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.

[vintages]

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.

[crzy]

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

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.