Post
Topic
Board Bitcoin Discussion
Re: Is Crypto another form of gambling?
by
Bountyfox
on 11/07/2023, 06:39:09 UTC
Bitcoin and other cryptocurrencies are not gambling because they serve as digital currencies and offer a store of value. Trading cryptocurrencies involves predicting market movements, but it's not purely based on luck. Unlike gambling, cryptocurrencies have utility, function, and underlying technology. While they can be volatile, this alone doesn't make them gambling. Successful trading requires knowledge, analysis, and consideration of various factors. Cryptocurrencies should be approached with a level-headed mindset and proper risk management.BTC