Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
Hamphser
on 16/09/2023, 19:23:31 UTC
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

You can categorise both as game of luck and game of skills. Trading is not completely game of skill, as some luck factor is also involved here. Similarly gambling is also not purely game of luck, as in sports betting you need some skills to analyse the game. So yea both are different things with some similarities and differences. In gambling the risk is more while in trading the risk is comparatively less. So choose what you want to do, based on your risk intake capabilities.
Absolutely. Bitcoin trading and gambling may be similar in some features but are different at some point. But one thing is certain, if you don't have both the luck and skills, you will never be successful in any of them. Moreover, having high knowledge is also crucial in both as you can't just enter gambling or trading without prior understanding about it.
There are certain types of gambling games which does require skills and knowledge and of course a bit mix of luck for you to win which it is really that similar on trading but on the different essence since you are dealing with market on here and not that been choosing on which team would gonna win. It is really that totally different in speaking on whats a long term business or investment which you would be dealing which is possible with trading but not in gambling but somewhat there are so called professional gamblers who could really be able to make out such sustenance for long time for them to survive despite of the risks involved with gambling which not all would really be able to reach out such state.

Trading is different on leisure time and of course you would really be having that different approach when it comes to this and on how things should be done or dealt with.
Its impossible that you cant really be able to see on whats you are really that dealing with.