Post
Topic
Board Bitcoin Discussion
Re: John Oliver 'You’re not investing, you’re gambling'
by
paolo099
on 14/03/2018, 09:39:45 UTC
investing in something, stock market or crypto it's a gamble, you can't be sure to gain every time, market move so fast and based on anything (news, fuds, bad weather and so on) that each order you put it's a sort of gamble.
If we want to make a parallelism with betting on football matches, when you bet for the team x to win (or you are buying/selling at particular price) you do it for an outcome: to win/gain based on your last trading action.
Despite the result, unless you are an holder = buy and forget, daily trading is kinda gambling.