Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
lalabotax
on 16/07/2023, 21:39:13 UTC
So having made all this comparisons, do you think that bitcoin can be classified as gambling?
Simply, Bitcoin trading might be included in the gambling category if in trading, someone does it based solely on predictions, luck, and also only at a glance. So, if you don't have in-depth analysis of the market, know when to enter and exit, and without risk management and good emotions, then this could be gambling. because that person doesn't really understand what he is trading and how the mechanism should be.
And this kind of thing should be avoided in trading or investing in Bitcoin. Because basically, between trading and gambling should be different. There are certain stages to trading intelligently and wisely so that you can get optimal results without relying solely on luck.