Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
tygeade
on 15/07/2023, 16:05:23 UTC
Trading is totally different from gambling even though it involves luck. You trade for one reason and believe in the potential profit you will make after doing some research or analysis, but gambling is something different. Price volatility due to supply and demand allows traders to make profits, while losses occur for the same reason. But there are some similarities between gambling and trading, but these two risky activities are completely different.

There are several types of traders who have something in common like gamblers, they are traders who only expect price fluctuations without doing research and analysis before buying. While traders who do research and analysis also rely on volatility, they trade because the assets they trade have the potential to be profitable for one reason or another. Use cases, adoption and such are all driving factors, so it's not a gamble.
Unfortunately people do not see that, I wish they do but they do not and for some reason it is getting even worse. I do not care that they think trading is like gambling, I care that they trade like it is a gamble, which is a big big trouble. I mean if you are going to just risk all your money in an all-in leverage for example, you will end up with a big loss and I feel like people do that because they think it's like a gamble and they think they flipped a coin and hoped to be right and were wrong.

It's not like that at all, we are talking about a big deal that ended up being a bit different and that causes the situation to be a big unlikely result. I hope that it will end up with a true return and could happen to be a bit different eventually.