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Author Topic: Is trading digital assets (crypto and Forex assets) an investment or a gamble  (Read 520 times)
gunhell16
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February 16, 2025, 03:24:51 PM
 #21

For those who have extensive knowledge in crypto trading, they will not think that it is like gambling, because they know that trading and gambling are different.
Although they both have risk, so they are still different.

Because in trading you cannot not study it, while in gambling even if you do not study if you are lucky you can win immediately, in trading it is not like that. Because if you know something
about trading you will definitely get profit most of the time here, but if you have zero knowledge it is unlikely that you will get passive income from trading.

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February 16, 2025, 06:38:23 PM
 #22

I reckon it's just a difference of how you'd define gambling is? In general I don't think sports betting is gambling, hence why I call it a bet. It can BE a gamble, but it doesn't have to be one. What your uncle did was exactly that, and the same thing could be done in trading imo. Gambling on the other hand? I define that as relying completely on luck, gut, or whatever the hell you want to describe it with. Like full on ofc, imo even betting has that bit of gut in part of it but it's never really used as a reference alone, unlike gambling.
You call sports betting a bet, therefore it is actually gambling. But there is also betting word next to sports, making it an obvious gambling. Maybe you think because it involves a skill or strategy but that is already a part of gambling or we can say another category of it. Trading is trading, but gambling word can also be used here, only because there is also a stake money and not really because we do it the random way like what typical gambling game goes.

trading and investing would definitely be different. I'd probably recommend for people who have a 9-5 to just invest than trade.
The difference is that trading is usually seen as active, while investing is passive but I think there are also bots in trading which can make it a passive activity, so it could still fit for a busy person.

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February 16, 2025, 11:36:13 PM
 #23

I've heard so many people say, I want to invest in trading, so many traditional workers(9 - 5 job workers) does this as a side hustle without really understanding what exactly trading crypto or forex is actually.
You're hitting them badly because it is real. These normies are expressing how they are earning with trading, whether it's with crypto or forex and making it look like an easy thing to do. That's why many are also aspiring to become a trader and when they do it, they cannot accept the fact that they're losing money instead of how the tales being told to them by these people especially the content creators that are in several markets. After all, they're for the referral and commission after signing up and they didn't give any warning that trading takes time and it is not for all.

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Lembo69
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February 17, 2025, 02:16:40 PM
 #24

Many people consider trading as an investment. Yes, you can invest in trading, but it will not be a good investment strategy. It will only be a continuous waste of wealth. Investing is about increasing wealth, but there is always risk in trading. Some people succeed and most people fail. But trading is profitable for you if you can be a gambler. You can take risks. You can invest without stopping, then you can become a successful trader.
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February 17, 2025, 05:41:49 PM
 #25

It's speculating
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February 17, 2025, 07:07:19 PM
Merited by Btcdeybodi (3)
 #26

For those who have extensive knowledge in crypto trading, they will not think that it is like gambling, because they know that trading and gambling are different. Although they both have risk, so they are still different.

Trading Forex or Cryptocurrency is an investment and not gambling, gambling has to do with luck but trading cryptocurrency or forex doesn't have to do with luck because if you depend on only luck you're going to lose all the time. To become victorious in trading either forex or cryptocurrency, you'll have to spent many days learning how to trade very well.

You'll also need some practice and during this time, if you're not using a demo account for practice you're going to lose. Some people consider trading to be gambling and this is why they keep on losing because they're using the wrong mindsets. You'll require knowledge to become victorious in trading but gambling can be done without having any knowledge because gambling depends more on being lucky than having real experience.

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February 17, 2025, 08:41:49 PM
 #27

Hey bro, it doesn't work that way tbh, no matter the category of your jobs, you ought to be disciplined and understand what investment and trading all about, that's a top tier habits to develop towards anything investment because that's your pride and never to be taken unserious.
There is a lot of knowledge available online today about trading, they can learn it. The main problem is that some people are tempted by the profits that other people get from trading, but they are lazy to learn. When they start doing it themselves, then it's almost like gambling because they don't do anything because maybe they will buy randomly.
At least starting from somewhere is a good starting point for someone ready to learn and start trading on her own, what ever ways he/she take doesn't really matter as long as she's been consistent on the trading journey till it gets to the last point of becoming an expert but that doesn't happen overnight as that's every learner has to know before embarking.

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February 17, 2025, 10:38:38 PM
 #28

-snip-
At least starting from somewhere is a good starting point for someone ready to learn and start trading on her own, what ever ways he/she take doesn't really matter as long as she's been consistent on the trading journey till it gets to the last point of becoming an expert but that doesn't happen overnight as that's every learner has to know before embarking.
No trader becomes successful overnight from the moment he or she discovers trading - on average it takes years to become successful as an expert trader. Moreover, just being an expert trader doesn't guarantee them consistent returns - of course, the market is sometimes very difficult to predict. There are times when bitcoin goes up and down to its original price overnight - the price goes sideways for some time or even corrects very deeply.

Trading certainly doesn't mean that traders always make a profit - but there are always ways to increase your chances of making a profit. Trading strategies are very important here and every trader must learn them and practice them directly into trading sessions. Volatility gives traders the opportunity to make a profit - it can also make them lose money.
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February 18, 2025, 01:15:27 AM
 #29

Cryptocurrency trading can be interpreted as either an investment or gambling—it all depends on the approach. Experienced investors see trading as a controlled process that involves analysis and planning, while beginners who enter just to "make quick money" often turn it into gambling. 

That’s why I believe this is a highly individual matter. It all depends on the person and their mindset in this field. And, of course, on their goals—what they want to achieve in trading and why they got into it in the first place. Wink
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February 18, 2025, 01:57:36 AM
 #30

Actually it would be wrong if we consider gambling and crypto trading as the same. What is gambling? Where we bet with risk either win or lose (50% chance of loss or win). If we win the gambling bet then we get capital and profit, on the other hand if we lose then we lose all the money.

Now if we talk about trading, not all trading is like gambling. If you do spot trading then there is no risk of losing all the money, if you buy a coin for $20 and the price of the coin drops to $16, then you can cut the trade and take $16, here there is no risk of losing your entire money, if you can hold for a long time then there will be a chance of profit. Now we can call futures trade as gambling.

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February 18, 2025, 04:44:57 AM
 #31

I am not agree with your opinion, crypto trading and gambling a bit different but both have high risks, because if you bought a project altcoin then it can go down at any moment, and it's can also huge up at any time, on the other hand gambling is also big risks, your uncle is 80% right predictor but it seems not guaranteed profits, 9 to 5 job workers have enough time to research about market.

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February 19, 2025, 12:03:49 AM
 #32

...That’s why I believe this is a highly individual matter. It all depends on the person and their mindset in this field. And, of course, on their goals—what they want to achieve in trading and why they got into it in the first place. Wink

If a person is a gambler by nature, then he will remain one regardless of what he does. Accordingly, if such a player is engaged in trading, then his approach to trading will be commensurate with the casino. Accordingly, if such a player is engaged in trading, then his approach to trading will be commensurate with the casino game, which will eventually lead to a loss of money.

 
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February 19, 2025, 03:32:59 PM
 #33

If a person is a gambler by nature, then he will remain one regardless of what he does. Accordingly, if such a player is engaged in trading, then his approach to trading will be commensurate with the casino. Accordingly, if such a player is engaged in trading, then his approach to trading will be commensurate with the casino game, which will eventually lead to a loss of money.
It's about personal human characteristics that is very hard to change. It can be changed but most people can not change their characteristics like they are too greed, indiscipline, carelessness for example. Trading and gambling are dangerous and are one of quickiest ways to lose money, and if people have some or all of aforementioned bad characteristics and some others, they should stop their trading/ gambling forever.

If they resume their trading or gambling, they will be addictive and fall to same failure pathways previously.

 
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February 19, 2025, 03:45:54 PM
 #34

At least OP has come to the conclusion that there is indeed a difference between the two and trading still cannot be said to be gambling. Whether someone trades carelessly or not, trading is still trading. Meanwhile, even if someone does it with careful analysis or does it haphazardly and carelessly, gambling is still gambling. Many are confused about this. But if we already understand what the difference is between trading and gambling then it can be understood easily. It's just up to the person whether they want to learn it properly or not. If you only learn from limited knowledge such as that which only exists in your mind, it will take time to arrive at the correct conclusion. But if we want to search and explore more and deeper knowledge, the differences between trading and gambling are very simple and easy to understand. Especially with today's search engines and AI. We can more easily find the answer and combine it with our thoughts so that we can understand it better.

My simple example is just this. A trader is like a football player on the field and the managerial staff at a club, while a gambler is like a spectator on the sidelines who tries to guess the score that will be produced and bets with his friends on what the results will be. Football players and staff make analyzes and calculations and practice so they can win. And a spectator who bets also does the same thing in order to win with his bet. But in the end, spectators and football players are still different, right?  Cheesy

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February 22, 2025, 04:25:31 AM
 #35

Trading and gambling posses the same risk then you are betting your money then speculate for certain growth so there's similarity if towards how things goes with those two comparison so expect people will say that its the same and I don't disagree with them for saying that.


Sincerely speaking I use to think that way that trading isn't different from gambling because they posses similar attributes and that was before I started my journey in trading and gambling. Sometimes I think it's best to give a trial and that's why they mostly say a trial may convince you, yes I saw through it. So when I experience it I had to make s clear comparison and contrast about them and that's when I discovered that trading is more or less better if than gambling. But what thing I understand that differentiate between them is the fact that you tend to learn and have a good knowledge in how to go about trading so you get profits but for gambling even if you learn all the strategies it's always a 50/50 possibility that you will win or lose so that's it.

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February 25, 2025, 12:25:13 PM
 #36

-snip-
At least starting from somewhere is a good starting point for someone ready to learn and start trading on her own, what ever ways he/she take doesn't really matter as long as she's been consistent on the trading journey till it gets to the last point of becoming an expert but that doesn't happen overnight as that's every learner has to know before embarking.
No trader becomes successful overnight from the moment he or she discovers trading - on average it takes years to become successful as an expert trader. Moreover, just being an expert trader doesn't guarantee them consistent returns - of course, the market is sometimes very difficult to predict. There are times when bitcoin goes up and down to its original price overnight - the price goes sideways for some time or even corrects very deeply.

Trading certainly doesn't mean that traders always make a profit - but there are always ways to increase your chances of making a profit. Trading strategies are very important here and every trader must learn them and practice them directly into trading sessions. Volatility gives traders the opportunity to make a profit - it can also make them lose money.
Real thing that people should be thinking about is to realize something that trading isnt something that you would be able to learn up overnight. This isnt something that you can be able to have a good grasps in a short period of time on which basically means that you would really be that needing up to search up everything about it and learn accordingly. Trading with something which is volatile would be called as a gamble if you wont really be applying any analysis and in depth research on what you've been dealing into. We are all sharing on the same target or goal on which it is really that to make money or profits via trying out to deal with volatile space on which buying low and selling high kind of sentiment. Doesnt matter whether you are dealing with crypto market or will be on forex or with stocks on which these markers does have those unpredictable movements. Learning up such skills isnt something that could be acquired or having that good grasps in a short span of time. It will be needing up that sufficient engagement and proper risks handling.

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February 25, 2025, 12:55:30 PM
 #37

If trading were a gambling game, then we could call the sellers in the bazaar gamblers) After all, they, just like cryptocurrency traders, buy their goods with the hope of selling it more expensive, but it also happens that they suffer losses by selling goods cheaper.

 
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February 25, 2025, 02:08:31 PM
 #38

But here is my input, I believe trading is neither both, trading is a kind of business venture, this business is known as trade, here you buy and sell digital assets in a market environment provided by a trading firm(brokers or CEXS). Trading it's literally just buying and selling and making profit or loss which is the most basic definition of business trade.
with this, I've concluded part 1, stay tuned for part 2 where we will discuss the pecks, the waves, the retracement (this is me being figurative) in trading

Trading should not be seen as gambling because they’re not even on the same category at all. When you place a bet in a gambling game, you only wait to see result base on possibilities you’re foreseeing the market will react to, but for a trader, or as a trader, one thing you’re always looking into achieving is getting yourself better in market analysis in such a way that you’ll be 90% right most of the time and your analysis will never fail you. One significant difference between gambling and trading is that hardwork and consistency in the game pays you as a trader but that is not the same case for a gambler.

No matter how good you are at gambling, the odds been put on a game will change your view on the outcome of a game, either by winning more money or by just scared of losing when you place base on the analysis you’ve done yourself. Trading needs patience and might take time to be successful and when the success comes, you would be made for life by then. While gambling and winning does not guarantee you to continue winning on such streak and you’re liable to more losses if the luck don’t keep coming.

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February 25, 2025, 03:03:09 PM
 #39

Trading and gambling posses the same risk then you are betting your money then speculate for certain growth so there's similarity if towards how things goes with those two comparison so expect people will say that its the same and I don't disagree with them for saying that.


Sincerely speaking I use to think that way that trading isn't different from gambling because they posses similar attributes and that was before I started my journey in trading and gambling. Sometimes I think it's best to give a trial and that's why they mostly say a trial may convince you, yes I saw through it. So when I experience it I had to make s clear comparison and contrast about them and that's when I discovered that trading is more or less better if than gambling. But what thing I understand that differentiate between them is the fact that you tend to learn and have a good knowledge in how to go about trading so you get profits but for gambling even if you learn all the strategies it's always a 50/50 possibility that you will win or lose so that's it.

But even if you have good knowledge, a lot of experience, good skills...there is no guarantee that you will definitely make a profit from trading. Those factors can only help you increase your chances of winning but do not guarantee anything because the market is basically unpredictable, the future is unpredictable.

It can be said that trading and gambling are different but we have to admit that they have a lot in common and the line between them is very thin. If we are ignorant, greedy and do not know how to control our emotions when trading, it is no different than gambling.

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February 25, 2025, 06:28:18 PM
 #40

I thought that there is some meaning with the bold letters at the beginning of the sentences OP.  Cheesy

If trading were a gambling game, then we could call the sellers in the bazaar gamblers) After all, they, just like cryptocurrency traders, buy their goods with the hope of selling it more expensive, but it also happens that they suffer losses by selling goods cheaper.
I think the idea comes from, if there are winners of the market then there are also losers and that's why they are associated with gambling. Other than that, the risk is also but it's totally different from the actual gambling because this is using some certain trading strategies and principles.

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