Post
Topic
Board Trading Discussion
Re: Is trading digital assets (crypto and Forex assets) an investment or a gamble
by
Ndabagi01
on 25/02/2025, 14:08:31 UTC
But here is my input, I believe trading is neither both, trading is a kind of business venture, this business is known as trade, here you buy and sell digital assets in a market environment provided by a trading firm(brokers or CEXS). Trading it's literally just buying and selling and making profit or loss which is the most basic definition of business trade.
with this, I've concluded part 1, stay tuned for part 2 where we will discuss the pecks, the waves, the retracement (this is me being figurative) in trading

Trading should not be seen as gambling because they’re not even on the same category at all. When you place a bet in a gambling game, you only wait to see result base on possibilities you’re foreseeing the market will react to, but for a trader, or as a trader, one thing you’re always looking into achieving is getting yourself better in market analysis in such a way that you’ll be 90% right most of the time and your analysis will never fail you. One significant difference between gambling and trading is that hardwork and consistency in the game pays you as a trader but that is not the same case for a gambler.

No matter how good you are at gambling, the odds been put on a game will change your view on the outcome of a game, either by winning more money or by just scared of losing when you place base on the analysis you’ve done yourself. Trading needs patience and might take time to be successful and when the success comes, you would be made for life by then. While gambling and winning does not guarantee you to continue winning on such streak and you’re liable to more losses if the luck don’t keep coming.