Quote from: Bd officer on Today at 03:05:50 AM

Quote from: Kelward on July 11, 2023, 01:18:51 PM

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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.

There is a difference between the type of gambling you want to do, whether you actually want to gamble or not, you have to put it first if you can, but there are successes and failures in both winning and losing, the more experience you gain, the more you achieve success. You can, here everything depends on your first target if your target is then your decision should be the same, on the other hand, if your target is gambling or trading then your target should be the same, but in my opinion, higher risk in gambling than trading. Much more because if you trade, you understand the profit and loss part. On the other hand, the more you gamble, the more you'll find that you don't understand your profit and loss portion, and depending on you, more losses and more profits. Whichever you decide, but there are also many successful people who have achieved success in both fields.