Post
Topic
Board Gambling discussion
Re: Do you consider trading as gambling?
by
danherbias07
on 09/07/2016, 14:08:38 UTC
Just like what I said here: https://bitcointalk.org/index.php?topic=1290215.msg15453353#msg15453353

Trading is one example of gambling. Why?
Because gambling is basically putting your money to risk.
You may lose your money if you did not predicted nicely.

You will lose money if you do not use your head and just trade blindly. That is why there is called research and charts. You use them to predict properly and not trade no blindly. If you do that, the risk is lessen and it will not be too much of a gamble. You will be assured of profit for all your trade. Just do your work first before doing trades.

So meaning if a person is not doing his research and just follows what he reads in this forum when he wants to trade altcoins, can that be considered that he is gambling? I think it can be.

Yes. Once you put your money in the line for something that is considered as gambling. You dont know what will happen you just got some information in a forum and still not sure if it will really happen. That is how gambling works.