Quote from: doomloop on August 23, 2023, 10:45:03 AM

Quote from: uswa56 on August 22, 2023, 07:12:31 AM

Quote from: Vivageneviv on August 18, 2023, 05:30:22 PM

They both might share some common elements, but they are contrasting activities. With trading you often need strategic decision-making, analysis and research, while gambling is all about stakes. Crypto trading offers vast opportunities and risk free events like KCGI trading contest unlike gambling where you only rely on luck and chance

Nothing is free from risk, everything that has the possibility of profit will be proportional to the risks that will be faced, trading and gambling have significant differences, as well as the risks and benefits that may be obtained, and also both still have a strategy and analysis so that not a benchmark.
So we can choose between the two with different risk awareness in between.

There is basically no strategy in gambling, when we talk about gambling games, there is absolutely no strategy nor any knowledge or experience required, but if we talk about sports betting, one might build a strategy about which games they will be betting on or they might be choosing matches to bet on based on the winning odds, etc. And, sports betting also requires the bettor to have some knowledge and experience about the sport they will be betting on.

On the other hand, Bitcoin trading, whether in futures or spot markets, has to be executed as per a proper plan based on research and analysis. When you are investing for the long run, you might not need to do much but when you are a day trader, you will need to have a lot of knowledge and experience.

We know that gambling could be also classified on two different types;
•Strategic
•Pure luck

On which on the time that we do able to say that it is really something that could really be able to win up when you are really that knowledgeable specially on sports betting on which you could really be having the advantage but if not then it would really do otherwise. In trading then it could be also come into a point that you are doing gambling.On which way? On the time that you do dive in with the market without
having that ample or sufficient knowledge then you are just making out some positions without any basis then it is really just that simply showing that you are doing gambling. Both have
certain risks but in overall you cant really be able to make out that kind of similarities in between a business/career/income making to some entertainment or leisure thing.This is their main difference.