Many people compare Bitcoin trading to gambling, but their idea is wrong, gambling always gives you the opportunity to succeed by relying on your luck, but trading relies on your talent or your skills. However, those who want to be successful investors and build their portfolios, they must invest for the long term. Bitcoin did not disappoint those who invested in Bitcoin in the past, but rather gave huge profits to those investors, and now I think the price of Bitcoin has dropped for a short period of time, giving new investors an opportunity to buy, because the bull run is not over yet, if someone wants to make quick profits by investing in Bitcoin, they did not come for the purpose of investment, they came to expand their business, it can be assumed that a trader faces more losses than profits by investing for 1 week or 1 month, but long-term Bitcoin investors or holders face very few losses, but it seems that no investor has been successful without taking this much risk.
Bitcoin trading is synonymous to gambling reason being that both gamblers and traders have the same motive to make quick profit, The risk of losing money in both is high in fact that there are so many reasons why traders are seen as gambler's.Buying bitcoin and trading it within intervals of weeks or months in other to make quick profit is gambling with bitcoin.Even gamblers also have skills they don't rely on luck alone , successful gamblers knows how to analyse games and gambling has to do with speculation, trying to predict how each game will turn out while traders on the on other hands are trying to speculate the price of bitcoin.