But if we want to talk about trading, then here of course it does not depend on luck, but here you have to achieve success based on your own skills research and the right strategy at the right time. Not everything is easy here, market research is a very difficult subject, and where market research requires time and deep thought and decision making, there is very little chance of people getting addicted. However, if after a few losses people close their eyes and start taking trades on emotion without any research, then the matter is different.
However, there are cases where trading is more dangerous than gambling. Gamblers, at least know that the outcomes are purely based on luck. But many new traders wrongly think that charting along with some indicators makes them extremely talented. If an individual increases his trades continuously in order to earn back his losses, then he behaves like a gambler.
Trading is not more dangerous than gambling, but yeah, trading addiction is way more dangerous than gambling addiction. That's something a lot of folks just don't get.
Because a trader rarely sees himself as a gambler. They think they are investing, analyzing the market and trying to make money . Even when they keep taking losses , they convince themselves it's just part of trading and that they're doing the right thing.
It is true that without a proper strategy, good money management skills, and control over emotions, crypto trading has very less difference from gambling at the casino. People always find it difficult to accept their dependence, although it is just a legitimate practice with very high risk.
It's simple, addiction is all about losing control of your behavior and emotions. That's exactly why anything can get you hooked, not just gambling and trading.