Post
Topic
Board Gambling discussion
Re: Trading has become too much akin to gambling. Let's embrace it
by
tsaroz
on 03/12/2024, 23:11:15 UTC
Would you gamble on casino games that are based around the real fluctuations of BTC's price?
Definitely some people will prefer to gamble on the price fluctuations of bitcoin price. I have also seen it on two other gambling site before.

But as for me, I will prefer no to do that. I will prefer to go for perpetual future trading which is what that I prefer and not actually gambling like the binary-option-like ones like betting on fluctuations of bitcoin price

Leveraged trading surely is a gambling of a kind. I created and was running 5 different leveraged grid and two of them were liquidated even in current sideways market. I know I was being greedy and looking for larger profit in shorter time but that's a general tendency. Leveraged trading just looks like a few steps more risky and more rewarding trading than spot trading but having that option makes trading more near to gambling. Even in the bullish market, I might end up with less crypto value than I was holding a few months ago.