Cryptocurrency gambling can be seen as similar to gambling at a casino in the sense that both involve risking something of value in order to gain something else of value. You can be on the winning side today and on the losing side tomorrow too. However, here are some key differences between these gambling. Gambling games are games of chance where you could theoretically win or lose, but there is monetary value involved.
Gambling is based on chance, while cryptocurrency is based on mathematics/calculations and cryptography.
With gambling, you are betting against the casino house and board members, but with cryptocurrency you are betting against other people that have more or the same and similar amounts of money as you do.
In casino gambling there is usually a guaranteed win for them because they have an edge on their games while in crypto it requires strategies and skill to top up your game.
In my opinion, you can't compare gambling and trading with each other. They are different things. The level of risk is high in both, but for me, gambling is just a game, while trading is a serious analysis and approach.
Why people cant really be just that able to determine things in between investment/business comparing into for leisure time or entertainment? Using up our own common sense then we will really be able to determine or able to know that this is really that two different things on which it would really be needing up that two different approach. The main issue on where is that these people are really that trying out to apply when it comes to gambling behavior on which they will really be having that kind of possibility the risks will really be increased up even more. Also, if we do really make out some in comparison about investing then there's really that a specific level of risks but it is way more smaller or lesser than we do really speak or talk about for long time source of income.
It will really be just that impossible that you cant be able to distinguish the level of risk in between two. There are those who are really just that delusional because they are really that expecting too much.
So it will really be that up to you whether you do make use of your crypto on whatever aspects. Playing on it using crypto or simply playing fiat on a casino is really just that the same.
As long it is really that pertaining to gambling we do know that risks.