Do you consider cryptocurrency trading a form of gambling based on luck?

[$crypto$]

If we trade without any knowledge then I think it can be called gambling, but if we trade based on proper knowledge then it is not gambling at all. Because gambling depends entirely on luck and each round cannot be analyzed, especially in slot games and the like.

Indeed, some people say this is the same thing, I actually have no problem with that because everyone has different views and we cannot force them to be the same as us, we can only convey what we believe.

That's true though but most times we can't force people as you said neither do we agreed to what they said but the right thing is when they practice it and fails then they would understand that is good to accept what people that seems to know more than them is saying. Mostly it happens to newbies who doesn't know how the system works and to them is the same but looking very well there's big difference in it.

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

[Doan9269]

If we trade without any knowledge then I think it can be called gambling, but if we trade based on proper knowledge then it is not gambling at all. Because gambling depends entirely on luck and each round cannot be analyzed, especially in slot games and the like.

Indeed, some people say this is the same thing, I actually have no problem with that because everyone has different views and we cannot force them to be the same as us, we can only convey what we believe.

That's true though but most times we can't force people as you said neither do we agreed to what they said but the right thing is when they practice it and fails then they would understand that is good to accept what people that seems to know more than them is saying. Mostly it happens to newbies who doesn't know how the system works and to them is the same but looking very well there's big difference in it.

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Some make trades and it's nothing to be referred to than gambling, not because trading is gambling, but because they are leaving the necessary things to have been done undone, we need to have the learning experience about how to trade, know the kinds of trades we have and how we can make use of anyone we have developed interest on, while on the other hands, gambling is also something different from what we thought, it's not like trading z we are gambling because of the purpose of being entertained while having fun at our leisure, which is nothing related to trading.

[SmartGold01]

If we trade without any knowledge then I think it can be called gambling, but if we trade based on proper knowledge then it is not gambling at all. Because gambling depends entirely on luck and each round cannot be analyzed, especially in slot games and the like.

Indeed, some people say this is the same thing, I actually have no problem with that because everyone has different views and we cannot force them to be the same as us, we can only convey what we believe.

That's true though but most times we can't force people as you said neither do we agreed to what they said but the right thing is when they practice it and fails then they would understand that is good to accept what people that seems to know more than them is saying. Mostly it happens to newbies who doesn't know how the system works and to them is the same but looking very well there's big difference in it.

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Some make trades and it's nothing to be referred to than gambling, not because trading is gambling, but because they are leaving the necessary things to have been done undone, we need to have the learning experience about how to trade, know the kinds of trades we have and how we can make use of anyone we have developed interest on, while on the other hands, gambling is also something different from what we thought, it's not like trading z we are gambling because of the purpose of being entertained while having fun at our leisure, which is nothing related to trading.

I don't know if other people sees trading as entertainment or as a means of making money, if you say is an entertainment then directly op could be right because trading is not gambling but however, most people don't see it that way.
Usually those who thoroughly understand how trading works can never classified gambling to be trading and you could be right as some people could just see trading as a means of easing ones sadness or engaging themselves to make sure they are being occupied at this point they may make profit while trading but to say is gambling is something that I wouldn't give credit to it.

[LUCKMCFLY]

If we trade without any knowledge then I think it can be called gambling, but if we trade based on proper knowledge then it is not gambling at all. Because gambling depends entirely on luck and each round cannot be analyzed, especially in slot games and the like.

Indeed, some people say this is the same thing, I actually have no problem with that because everyone has different views and we cannot force them to be the same as us, we can only convey what we believe.

That's true though but most times we can't force people as you said neither do we agreed to what they said but the right thing is when they practice it and fails then they would understand that is good to accept what people that seems to know more than them is saying. Mostly it happens to newbies who doesn't know how the system works and to them is the same but looking very well there's big difference in it.

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Well due to the high volatility of the crypto markets sometimes it usually gives the idea that it is just luck, but I think that when it comes to trading, things have an analysis that is very attached to the technical things and the events that are experienced in the world, therefore I do not see it as a game, in a casino one enters to play anything, like slots, where basically it is luck that makes us win or lose, if we enter trading with our sights set on pure luck we will be throwing away a great opportunity to make money, with knowledge you can win but only in trading, whether crypto or any stock.
               

[$crypto$]

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Well due to the high volatility of the crypto markets sometimes it usually gives the idea that it is just luck, but I think that when it comes to trading, things have an analysis that is very attached to the technical things and the events that are experienced in the world, therefore I do not see it as a game, in a casino one enters to play anything, like slots, where basically it is luck that makes us win or lose, if we enter trading with our sights set on pure luck we will be throwing away a great opportunity to make money, with knowledge you can win but only in trading, whether crypto or any stock.
             

Well, that's also what we have to pay attention to, not only technical analysis but we also have to analyze the fundamentals because it will also affect price movements.

This depends on us actually, because in trading requires mastery of not just one factor, but we have to master many factors to make the trades we do run according to what is desired. Although in some moments we also need a little luck, the difference is that the luck we get is the result of the analysis we do.

[0t3p0t]

I don't think so because in trading for us to be able to be profitable we need to learn fundamentals and technical analysis which I think we can't do that in gambling if I am not mistaken. Gambling purely depends on luck not skills so yeah for me I can only say that crypto trading without the proper knowledge is some sort of a gambling.

[robelneo]

There are traders who make a lot of profit and their results is not based on luck but more on their insight and analysis, Although both are unpredictable, trading is more like sports betting, where you can also lose even if you are equipped with a good tools to analyze the game, so its gambling but not based on luck and you have a good chance on trading than luck based games.

[SmartGold01]

If we trade without any knowledge then I think it can be called gambling, but if we trade based on proper knowledge then it is not gambling at all. Because gambling depends entirely on luck and each round cannot be analyzed, especially in slot games and the like.

Indeed, some people say this is the same thing, I actually have no problem with that because everyone has different views and we cannot force them to be the same as us, we can only convey what we believe.

That's true though but most times we can't force people as you said neither do we agreed to what they said but the right thing is when they practice it and fails then they would understand that is good to accept what people that seems to know more than them is saying. Mostly it happens to newbies who doesn't know how the system works and to them is the same but looking very well there's big difference in it.

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Well due to the high volatility of the crypto markets sometimes it usually gives the idea that it is just luck, but I think that when it comes to trading, things have an analysis that is very attached to the technical things and the events that are experienced in the world, therefore I do not see it as a game, in a casino one enters to play anything, like slots, where basically it is luck that makes us win or lose, if we enter trading with our sights set on pure luck we will be throwing away a great opportunity to make money, with knowledge you can win but only in trading, whether crypto or any stock.
             

Exactly that is why I don't focused much on people saying trading is luck, sincerely when people keeps depending on luck to trade there's every possibility to lose trade while hoping on luck but if that person rely on their knowledge like, knowing more of technical analysis on the coins to trade then there is huge chance to make profit and that must depends on the form of coin to trade. Trading new coin most times is very risky because of its volatility nature can lose value at any given time without the trader knowing it would happen.

[$crypto$]

Exactly that is why I don't focused much on people saying trading is luck, sincerely when people keeps depending on luck to trade there's every possibility to lose trade while hoping on luck but if that person rely on their knowledge like, knowing more of technical analysis on the coins to trade then there is huge chance to make profit and that must depends on the form of coin to trade. Trading new coin most times is very risky because of its volatility nature can lose value at any given time without the trader knowing it would happen.

Relying only on luck is not enough to make us gain profit from trading activities and it is the same as gambling. For me luck will come if we know the knowledge, so luck does not just come without being equipped with the knowledge we have.

There are many ways for us to increase our knowledge, as long as we want to learn it then nothing is impossible. I can conclude that people like that are lazy to learn.

[Findingnemo]

No, it's not and the closest to gambling is sports betting that is where you can make analysis based on the previous stats and come in to the conclusion that player/team x is favourite when playing against y.

But people still don't even consider trading as a profession due to the exact same mindset but it's their loss, one who grabbed their opportunities are riding their Lambo or atleast move one step ahead in their quality of life.

[0t3p0t]

No, it's not and the closest to gambling is sports betting that is where you can make analysis based on the previous stats and come in to the conclusion that player/team x is favourite when playing against y.

But people still don't even consider trading as a profession due to the exact same mindset but it's their loss, one who grabbed their opportunities are riding their Lambo or atleast move one step ahead in their quality of life.

Sportsbetting is a gambling maybe from different category if I am not mistaken. Well to be honest I can see a lot of successful individuals doing trading more than gambling as we all know winning a life changing prize in gambling is one in a million so yeah trading would be the most profitable thing even if other people may still call it gambling it doesn't matter but I may consider it as skill based game not gambling.

[Findingnemo]

No, it's not and the closest to gambling is sports betting that is where you can make analysis based on the previous stats and come in to the conclusion that player/team x is favourite when playing against y.

But people still don't even consider trading as a profession due to the exact same mindset but it's their loss, one who grabbed their opportunities are riding their Lambo or atleast move one step ahead in their quality of life.

Sportsbetting is a gambling maybe from different category if I am not mistaken. Well to be honest I can see a lot of successful individuals doing trading more than gambling as we all know winning a life changing prize in gambling is one in a million so yeah trading would be the most profitable thing even if other people may still call it gambling it doesn't matter but I may consider it as skill based game not gambling.

It's not a game, and it's not a gambling all I said it's the resembles not exactly same. Making life changing money from sports betting is not possible either, it's only possible in casino games that explains why where there is skills involved the chances of success is higher so obviously it is going to affect the revenue of casino.

Myself clear with what is gambling and trading even though the results are unpredictable.

[Rubel007]

If we trade without any knowledge then I think it can be called gambling, but if we trade based on proper knowledge then it is not gambling at all. Because gambling depends entirely on luck and each round cannot be analyzed, especially in slot games and the like.

Indeed, some people say this is the same thing, I actually have no problem with that because everyone has different views and we cannot force them to be the same as us, we can only convey what we believe.

That's true though but most times we can't force people as you said neither do we agreed to what they said but the right thing is when they practice it and fails then they would understand that is good to accept what people that seems to know more than them is saying. Mostly it happens to newbies who doesn't know how the system works and to them is the same but looking very well there's big difference in it.

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Well due to the high volatility of the crypto markets sometimes it usually gives the idea that it is just luck, but I think that when it comes to trading, things have an analysis that is very attached to the technical things and the events that are experienced in the world, therefore I do not see it as a game, in a casino one enters to play anything, like slots, where basically it is luck that makes us win or lose, if we enter trading with our sights set on pure luck we will be throwing away a great opportunity to make money, with knowledge you can win but only in trading, whether crypto or any stock.
             

Exactly that is why I don't focused much on people saying trading is luck, sincerely when people keeps depending on luck to trade there's every possibility to lose trade while hoping on luck but if that person rely on their knowledge like, knowing more of technical analysis on the coins to trade then there is huge chance to make profit and that must depends on the form of coin to trade. Trading new coin most times is very risky because of its volatility nature can lose value at any given time without the trader knowing it would happen.

I can never equate trading with knowledge to luck. Trading is not gambling for which I can compare it to luck. However, for those who trade meme coin, many people equate sudden big profit with luck. In this concern comparing trading with luck then that is a different matter. But trading in general sense can never depend on luck.

[LUCKMCFLY]

We are just trying to convey what we believe and how they accept it is up to them because there is no obligation to force opinions on people who have different opinions.

But the most important thing is that they must master their knowledge if they want to be like that, when trading, they should not only rely on luck or instincts in their heads, because that is what will lead us to losses.

Well due to the high volatility of the crypto markets sometimes it usually gives the idea that it is just luck, but I think that when it comes to trading, things have an analysis that is very attached to the technical things and the events that are experienced in the world, therefore I do not see it as a game, in a casino one enters to play anything, like slots, where basically it is luck that makes us win or lose, if we enter trading with our sights set on pure luck we will be throwing away a great opportunity to make money, with knowledge you can win but only in trading, whether crypto or any stock.
             

Well, that's also what we have to pay attention to, not only technical analysis but we also have to analyze the fundamentals because it will also affect price movements.

This depends on us actually, because in trading requires mastery of not just one factor, but we have to master many factors to make the trades we do run according to what is desired. Although in some moments we also need a little luck, the difference is that the luck we get is the result of the analysis we do.

Yes, I completely agree with you, we should always do a great price analysis Because based on the things that are happening in the world that are so changing, everything has a repercussion, for this reason we will always add one thing, the analysis of both will always be an advantage for us , when we are looking for more options to win in trading, we should do and consider each thing, yes , luck can help us win or lose, but at least in crypto volatility is always one of the things we have to Deal with the most.

[Charles-Tim]

when we are looking for more options to win in trading, we should do and consider each thing, yes , luck can help us win or lose, but at least in crypto volatility is always one of the things we have to Deal with the most.

Luck should not be considered because that would be seen as gambling to professional traders. The traders that earn money while trading prefer to set up a trading strategy and other trading plans that will help them to make money, but many of the traders are gambling. Some traders will learn about indicators and also continue to fail because they have poor strategies and trading plans. To continuing earning money in trading, excellent trading strategies and other plans are important.