Post
Topic
Board Bitcoin Discussion
Re: Common Q&A about Bitcoin: Non-Technical Edition (Earn Merits)
by
Minnasan
on 04/03/2018, 07:45:13 UTC
many people around me ask about whether btc trading is the same as gambling because guessing price in the future? What do you think..?? because I can only answer them casually and say that it is not a gamble because the one in the trading when not guess the price but analyze the price from when you buy btc and when you will sell your btc. how about the answers I gave them do you think that is enough, or should there be things I have to explain again to them ...?

I usually compare bitcoin trading to stock trading. There really isn't that much of a difference, with the exclusion of regulations in crypto trading. As long as any two items being traded retain value, how can it be gambling? I would answer their question by asking them the following question: "Do you consider stock trading as gambling? If so, then Bitcoin trading is no different."......

thank for your answer, maybe i can use your answer for explain to some people around me who ask about topic that i was ask to that you, and to be honest i have a same opinion about trading with you but before i read your answer i not sure to explain that to people who ask to me.. so thank you.. Wink Wink