Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
TelolettOm
on 15/07/2023, 23:20:10 UTC
Yes, the similarities are not too big because overall, trading and gambling are different,
in gambling we can only rely on luck but it is different with trading because we need to have knowledge and skills,
that's why trading is so complicated.
Indeed. Basically, trading and gambling are very different, especially on the technical aspects. When we trade, we need to learn charts, the fundamental factors, and must determine the strategy. While in gambling, sometimes we don't need to learn anything and we even don't need a specific strategy. If we gamble on the luck-based games, we just have to play and see the result. The only thing we need is the money to pay to the casino.

The similarity may be about the goal. Both trading and gambling have the same goal, it is earning money. But in a certain case, people sometime gambling for fun only, the prize isn't very important since it is difficult to get.  Grin