Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
Bd officer
on 18/09/2023, 03:05:50 UTC
...
So having made all this comparisons, do you think that bitcoin can be classified as gambling?
Bitcoin trading and gambling are different and can never be the same. Because if you gamble on something, if you win you will get 150 or 200 for 100 bets, if you lose you will lose the whole money. Those who trade in Bitcoin wait until the price drops to buy and try to sell when the price goes up, with little chance of losing their entire money. Those who understand trading well can earn good profits. Many families do not like gambling. I have seen many people have become destitute due to gambling losses. Bitcoin trading can lead to risky gains or losses.