Post
Topic
Board Gambling discussion
Re: Crypto hodling as a form of gambling!
by
harizen
on 04/09/2019, 22:14:12 UTC
Over a period of short time, I was forced to sell those cryptocurrencies at a significantly lower price and accepted my loss which led me to believe that hodling is

Bottom line:

You consider hodling as a form of gambling since you are playing with the risks of holding BTC or any altcoins on a chance that someday that effort will be paid off or not. But for me, don't take hodling as that since even we are risking money holding our crypto, we don't literally play gambling here.

Unlike in gambling where you are bound to rely on luck (house edge gambling games) and strategy+luck (on a strategy-based games) then wait for the final result, hodling and selling is pure of strategy on how to deal with volatility and that depends on how "YOU" managed it along the way. You are the one who will make the result here. Of course to take your hodling into worth thing to risk, then only hodl those coins who are proven to have a strong foundation which is BTC is the best example.