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.
Gambling is based on chance, on putting a faith or betting something to gain while knowing that the odds are not always in favor. Trading has some similarities to it especially with how volatile the market is for bitcoin trading is essentially like gambling. Except that in trading you try your best to study every flow and evb of the value and try to make predictions off it.