Gambling depend on luck, ont the other hand crypt market is fully different from gambling.
The probability of winning and losing when betting on black in roulette.
European roulette: there are 37 pockets, including 18 black, 18 red, and 1 green (0) pocket. The probability of winning on a bet on black is 18/37, which is approximately 48.65%. The probability of losing is 1 - 18/37, which is approximately 51.35%. So, the probability of the casino winning is 51.35%, which means that over a large number of games, the casino always comes out on top. American roulette has 38 pockets and 2! green (0).
As for the Bitcoin trading, it is more close to a zero-sum game with transaction costs (is actually a negative-sum game), rather than a typical gambling scenario. If players trade too frequently, their transaction costs increase (trading fees), and in this game, the cryptocurrency exchange always wins. In one or two years, in this game, 98% of traders will lose their deposits. Only 2% of players will win, which means they will take the money from the 98% who lost.
The difference between gambling and the Bitcoin market lies in the fact that in roulette, your losses are programmed, meaning there is no strategy that could allow you to consistently beat the casino over the long term. However, when it comes to trading Bitcoin, a players can win if they have a winning strategy.