Quote from: Crypto Library on August 18, 2023, 04:32:37 PM

Quote from: leonair on August 15, 2023, 08:53:10 AM

Quote from: _act_ on July 11, 2023, 01:31:24 PM

Holding bitcoin is not the same thing as trading bitcoin. Gambling and trading are not the same thing too. Trading require you to learn trading skills but gambling require just some strategies. Trading can be risky like gambling, but they are not the same thing. If the price of bitcoin fall already, you can invest for months or years and you will most likely gain.

Trading is risky like gambling but not as risky as gambling. When a trader makes a wrong entry in trading then his balance is not 0 and he has a chance to recover the loss by holding those coins. But in case of gambling, if one makes a wrong decision, his balance immediately becomes 0 and if he wins the bet, he gets the profit according to the odds. So these two things are not the same there is a big difference between them. However, leverage trading can be said to be a form of gambling, but spot trading is never like gambling

For those who trade in panic and are more addicted to futures trading or margin trading, trading behaves like gambling, but trading does not behave like gambling for everyone. Trading is a type of digital business so it cannot be compared to gambling in any way. And some more difference between gambling and trading is that gambling is a bad addiction and it can make anyone addicted very easily but trading can't make anyone addicted very quickly. It is not easy to quit gambling but it is easy to quit trading

It's because gambling is for fun, which is why people got addicted to it as a form of entertainment, but in trading, it is somewhat of a skill or a job that you are pushing yourself to do just to gain profit. Also, people really misconstrue trading as gambling, as others just treat it like gambling by guessing where the price goes and relying on luck, and that is where the big losses start. Though there are still people who are addicted to gambling, let's say their screen time is more than 8 hours, as they are really wanting to trade, which is also a bad thing because you'll be trading huge amounts at that time and again prone to losses.