I have gone through many threads in this forum and other forums and I came to understand that, alot of people in this forum and othe forums are still confusing trading to be gambling, which is very wrong, though they might look thesame, but they are not, even for the fact that it has to do with staking of money, gambling and trading are two different thing.
Gambling is said to be the process of someone trying to predict how a particular set of games will play, either in casino bet or any other bet, in other for the person to stake a particular amount of money and wait for the games to play, if the games play according to the person's prediction, then the person will win the games, but if the games play the other way round the person will lost the games.
And in gambling you have to watch the games play or you check the play result.
In gambling you can cash out when you see that the amount of money you staked has increased, that is if the games are no longer play according to predictions.
Now let talk about trading, trading has to do with buying and selling of assets in the crypto market, within a short period of time, either within a minute, an hour or in a day.
In trading you have to get full knowledge about the crypto market, in other for you to carry out technical and fundamental analysis before you can be able to place a trade.
In trading you monitor the crypto market to enable you make quick decisions and react to the market fluctuations.
Many people think that trading is gambling. Trading is very similar to gambling, which is why everyone calls trading gambling. But trading is not gambling because when you trade, you have to have a lot of ideas about trading. You have to spend a lot of time in the market, understand the market's movements, understand market psychology, learn to draw lines, etc. and many more things. When someone trades without learning or understanding all these things, it turns into gambling.
When someone bets on playing cricket, no one knows who will win or who will lose, they just bet without seeing if there are good players in the team. There are just some traders who start trading without understanding anything. And when they trade in this situation, almost everyone loses.