Some crypto assets are to be seen more as gambling token because of how their future tends to be, a speculative future that you’re still wondering whether the token will succeed in the long time or not, when trading such tokens, it’ll make one refer to crypto as gambling. With the way bitcoin has evolved over the years since the time of its inception, one cannot want to argue so much about it being seen as a gamble coin or even a gamble investment. History keeps repeating itself and thereby putting Bitcoin in a very conducive option when it comes to investment in cryptocurrencies.
Trading may be seen by some people as gamble also because you’re the one deciding where you think the outcome of the trade will be, and when you are able to predict it well, you can win big in it or otherwise lose your money. Trading involves high skills, so I want categorize it as such because it has helped in many ways that makes it a dependable option for those that have the right knowledge about it. To my own understanding, trading should only be referred to as gambling if the trader has no knowledge of trading and risking to see if he can predict the market well. That pure gambling without trading knowledge and it should be avoided.
I also agree in that there is very thin line in between trading and gambling and it all depends on the intention and the understanding of the perpetrator. For instance, to make a clear distinction, being put money on and hoping for gains while not having grounds for this in reality, that person is actually gambling and not trading. If someone is aware of market structure, risk analysis and capital management, this already belongs to the area of skills. As with any coin, Bitcoin also has quite a long history behind it and so we don’t take to it the same as newly emerging coins from time to time that are often fashioned just to catch a trend. This world is all about differentiating between they things of value and they are nothing but speculation. I don’t believe the problem lies in the crypto, I believe the issue lays with how people deal with it.