You are absolutely correct the best way to go about Bitcoin is to buy and hold for a long period of time but because of impatient and the quest to get rich quick make people indulge themselves into trading and gambling Bitcoin which is very risky and not advisable for someone with little fund or one who's new. I disagree with this your statement " Bitcoin is not a tradable coin to make profit", when you say something is not tradable it means that particular thing can not be trade right? But we all know that there are people who are trading Bitcoin as we speak so that means you are wrong about that..., Perhaps you should said that Bitcoin is not worth to be traded though some people make profit in trading Bitcoin but everything has principle on how to go about it of which trading Bitcoin is little or not part of the principle of how to go about..., that is why the possibility of making loss is very big and the earlier we know this the better for us.
Trading and gambling are complementary to each other. I think if someone wants to gamble, he can gamble with everything.
It's impossible for someone to gamble with everything they have, be it bitcoin or any other asset. It will be foolish for someone to gamble with all what they have, even a potential asset like bitcoin is not even advised to invest all what we have. It is advised to invest with what we can afford to lose and the rest fund will be in our discretion to be able to settle other necessary things.
Gambling with Bitcoin is not impossible. But whether you gain or lose everything will determine your fate.
Actually every investment is risky including bitcoin because it's About profit or loss, but when classifying asset base on gambling, bitcoin can not be classified as such or included because it has more potential compeard to most fucking shitcoins. Your fate can be determined by how long you're able to HODl unto Bitcoin after accumulating alot of BTC.
Gambling with Bitcoin is not impossible. But whether you gain or lose everything will determine your fate.
Actually every investment is risky including bitcoin but when classifying asset base on gambling bitcoin can not be classified as such or included because it has more potential compeard to most fucking shitcoins. Your fate can be determined by how long you re able to HODl uto Bitcoin after accusation alot of BTC.
Most people in the world have lost from gambling and a small number of people have gained from gambling. But my comment is that their wealth is not enjoyable. Because gambling is illegal at every level and no one can live happily with illegal wealth.
Your post doesn't sound good to me. First of all you are gradually turning this board to a gambling bord. You should have be talking about buying bitcoin or bitcoin related stuff. Then let me ask you, because you said few people have won from gambling and their wealth is not enjoyable because gambling is illegal. are you now telling me that it is because the money is gotten from gambling thats why it not enjoyable? Permit me to say you are confused. because I don't see any correlation between gambling being illegal and the money goten from it not enjoyable. With my understanding money won from gambling are of different categories that is to say that some one might win $2k another $1k and the other $100 while some will win as low as $20. Now tell me a reasonable thing a person who won $20 will do compeard to the $2k person? This is to let you know that people achieve begger thing by the amount they hold. Moral of the story is that "Don't compare your 1 step to another person's 100 step" all fingers are not equal.