Crypto hodling as a form of gambling!

[Capt00]

Well there seems to be the same form from Holding and Gambling because the volatility of cryptocurrency is what made this area the same
In gambling you seek for luck to win,while the Holding needs also luck to profit(though the chance is large if you can afford to wait longer and not panicking)
Either way th important here is our capacity to risk what we can afford to lose

Only it makes the two similar is just because of luck but some of us just literarily think gambling is purely all about games. And even our future is a form of gambling neither, just the same the way we hold crypto cause we even don't know what will happen next.
May our luck will be with us all the time but it doesn't and that it makes that we sometimes lose and sometimes gaining.

[michellee]

When you invest in a solid project and hodl for the long term, then it's not a gamble, BUT when you invest in a worthless shitcoin with a scamming CEO, then buying & hodling for any length of time is a pure gamble with the odds stacked very much against you.

We don't gamble if we hold some coins, especially if we hold some potential coins that can increase anytime. Gambling itself is a game with the money involved, and it's not the same as holding. Holding is something that we keep for a while, and we are waiting for the price increases. If we hold for a long time, it doesn't mean that we are playing gambling because we know what we did.

it can be very gambling if the invest in unknown project. everyone has belief in a particular coin before buying a coin, if all wrong predictions back again to the coin holder. because basically what determines from the beginning is that the holder should have his own commitment and belief in what will happen in the market. different from ameteru trader who only bought without knowing the purpose from the start and only guessed the fate of the coin.

We don't need to select the unknown project because that will not give us a profit in the future. We need to search the solid project in out there, but I don't think that will be easy to find. But if we still invest in the unknown project, then I will call that is gambling because we don't know what the prospect in the future is. But if we can hold the potential coins or at least, we hold the strong coins at the market, I think that will not be gambling because we know that the coin will be increased in the future.

[Janation]

When you invest in a solid project and hodl for the long term, then it's not a gamble, BUT when you invest in a worthless shitcoin with a scamming CEO, then buying & hodling for any length of time is a pure gamble with the odds stacked very much against you.

We don't gamble if we hold some coins, especially if we hold some potential coins that can increase anytime. Gambling itself is a game with the money involved, and it's not the same as holding. Holding is something that we keep for a while, and we are waiting for the price increases. If we hold for a long time, it doesn't mean that we are playing gambling because we know what we did.

But can you fully say that you will earn from it?

Holding coins means you are investing, right?

And investing is also considered as gambling, that is why you are still gambling. Gambling doesn't always involve money, but as you said, you are holding coins, cryptocurrencies which can be considered as money if you will be thinking of it since some people accept it as a payment method. Gambling do not ensure winning, it is as a risk. What is the difference between analyzing a team for sports betting from analyzing a price chart for your investment? You do the same, you put your money into it, you may lose you may win, how is that different from gambling?

[doomistake]

Ever since I've got into cryptocurrency, I've had several experiences on the  prices on some of my holdings achieved ATH's in a matter of months alone especially on the 2017 bull market and was thankful I didn't sold out early when I got them. Having had a positive feeling about it, I became reluctant to sell some of these cryptos even at the height of its price thinking that I may gain more from them in the future and also believing that this projects have very good fundamentals and does have a room for growth!

Then at the beginning on the 1st quarter of 2018 (which started the period for bearish market), crypto prices nosedived sharply and in a matter of weeks my portfolio begun to shrunk and was reduced significantly but then again I was overpowered by my belief that crypto will have an eventual rebound in which I was wrong! Over a period of short time, I was forced to sell those cryptocurrencies at a significantly lower price and accepted my loss which led me to believe that hodling is indeed a form of gambling and thus has a risk / reward factors associated with it.

Until now, I don't have any regrets but only have lessons learned from this experiences and will remain having a positive outlook on cryptosphere because I know gambling will let us "win some and also lose some". 

I know some of you had already been on the same kind of experience just like me.

But it's not, holding your crpytocurrencies in your portfolio doesn't look like you are playing gambling at all, because there are two different meaning of gambling, and I assure what you were trying to say is like when you are playing gambling since you have posted this topic here in this section. Holding your cryptocurrencies is different compare when you are playing in any gambling site, why, because at least in holding your crpytocurrencies, you know that there will be the time when you could sell the coins you wanted to sell at the price the you desire to gain profits, and that is for sure, all you have to do is to be patient.

Unlike when you are playing in gambling, there is no assurance at all that you are going to win, you just don't know, you don't have any proof that you could win when you play in gambling, but when holding cryptocurrencies, you have your portfolio as a proof that you could earn big profits when the bull market comes.

[crzy]

Yes holding is a form of gambling because you bet your coins wether  you can profit or lose it without value at all. You need to be positive so that you can have your goal life. To meet your expectations in life.

That’s a gamble for life and not a gambel for greed, we do take a lot of risk because we believe into something. Now consider this as your good gambling decision because if you do support this decision, you can be more successful in the future.