So the question is if Bitcoin Trading is a Gamble or not?
I will express my views here and would love to know what you guys think.
It's investing. Buying and selling Bitcoin is an investment. Now, Is it Gambling?
There's a difference between Trading and Investing. Trading involves capital inhand kept for short period, typically for a few days, hours or even minutes. Investments on the other hand tend to be in months, years or even decades.
Bitcoin Trading isn't Gambling but Buying Bitcoin is gambling, in the sense that its an investment that could price crash at any time.
By definition Gambling is the wagering of money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods. More often we lose because of greediness.
For me trading of bitcoin is also a gambling, because we gamble our money but it is more likely to gain than lose.