Is Bitcoin Trading Gambling?

[Oilacris]

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.

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.

[plenumetnormous]

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.

[Bet_On]

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.

[serjent05]

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 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.

[bhadz]

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.

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.

[DPrillio]

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 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.

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.

[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.  

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.

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.

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.

[ethereumhunter]

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 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.

[shesheboy]

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 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.

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.

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.

[christian07]

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.

[Tenderino]

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.

[rodel caling]

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.

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.

[God Fist]

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 .

[rhamzter]

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.

[mx667]

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.

[Netnox]

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.

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.

[Kayla]

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

[raven7886]

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.

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.

For me it is not a bad thing and it won't be harmful  to each other

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.

[Coins4Days]

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 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.

[marlboroza]

Bitcoin trading is definitely trading

I am shocked.

If you have invested, I do not consider it as gambing, because the price continuously increased over the time.

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.