I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??
Please tell me what do you think.
Its two different practice. In gambling you only have two chances, to win or loose in real time. While trading is wide. You can sell and gain, or hold and wait for the right price. You may also loose right away in trading but you can buy another for higher return. The two may seem similar but I guess trading is safer than gambling. On the other hand, gambling could make you have instant money also. Whichever it is, what's important is you find ways to grow your money.
That is the biggest difference in trading you can make a loss into a win if you are patient enough for example all of those people that bought bitcoin at 1200 and then bitcoin crashed, those that sold lost money but those that were patient made profits now that bitcoin touched 6000.