Post
Topic
Board Trading Discussion
Re: Is trading gambling in another form?
by
Natalim
on 16/09/2022, 09:28:10 UTC
Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they  take many things into consideration before taking the final call.Hence, they have more chances of earning.
It is really to know that people haven't changed their minds but consider crypto trading as an easy way to make money or earn profit just like what they know about gambling - instant millionaire.
Trading requires knowledge and skill while Gambling needs knowledge, skill, and of course LUCK. And they are both risky but the chances of earning from gambling are very slim, unlike if we do trading.
Well, if they actually know the difference between the two will help them realize that they are wrong and change their market approach.