Post
Topic
Board Bitcoin Discussion
Re: Is Crypto another form of gambling?
by
lepbagong
on 21/06/2023, 02:02:25 UTC
I disagree with the statement that crypto is a form of gambling. Investing in Bitcoin and other cryptocurrencies obviously comes with risks, but so is any investment. A conscious and well-thought-out decision allows you to significantly reduce this risk. When throwing the dice or playing roulette, you can only count on luck and that is gambling.
it is indeed difficult to give a certain definition of gambling and there are still many who interpret that crypto is gambling, where I also agree with you that something is very different and can be seen clearly, when it comes to any risk involved in investing you can be sure that it will have a risk where the risk it can depend on the situation, the more we are able to minimize the situation, the more we will be able to reduce the risk that the worst will happen. in crypto we are able to carry out the smallest possible risk by being able to continue to analyze every movement even with long-term investments the risk will be even smaller. agree with you friends, when gambling, we only rely on luck in which direction we will get, there are only wins and losses, but in crypto we are given the opportunity to be able to analyze properly before making a choice, there is even certainty that it will increase in time if you want to be patient.