Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
People are comparing trading to gambling due to the high risk they both involve. A lot of people are losing money in trading just as they are also losing in gambling, and that is why they always compare them. Even gambling is not fully based on luck; if someone can analyze it well, there is always a better opportunity to win than for those who just want to fully rely on luck. Let's know that we have different types of trading; some types of trading are akin to gambling.
But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
funny. How will investment be more dangerous than trading? It is not possible. In fact, let me tell you that people who easily lose money in the crypto industry are almost always traders. Many of them involve themselves in trading not because of anything but because they are eager to make quick money due to their lack of patience in investment. Whether someone buys Bitcoin at once or uses the DCA method, neither can be as dangerous as trading because even experienced traders lose money.If someone always follow news, someone will see almost every day that traders lose significant amounts. Just imagine if they had invested the money in Bitcoin I believe they wouldn't that certain amount in just a few days.and with time the Bitcoin price will really record and be in great profit.