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

[Aanuoluwatofunmi]

Trading is not a platform related to gambling, it is not also by luck we do trades, trading is on its own a unique way of investing on currencies against each other to either fall or rise, gambling is in many forms different from trading and it will sound unprofessional of us if we compare the two together, no matter what kind of trades we made, it is in no way qualifies to be gambling.

[LUCKMCFLY]

In trading you always have to consider a lot about what we have, the concept of luck, and another part of the strategy, although many traders do not see it, I know that some are looking for the way to do things well, either with strategy or without strategy, but in itself casino games like slots, and roulette and others will always be based on luck, for me experience has a lot to do with when we have to bet, if we bet well it is because it goes according to the strategy and that is where the player's expertise is seen.

[$crypto$]

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.

If we can realize all that, I think we will be better in the future and will get a lot of benefits. Although in practice it is not easy at all, but with hard work and continuous learning, nothing is impossible.

In addition, we must have a calm mind, do not be afraid of being left behind so that we make decisions in a hurry. Do not be too relaxed so that we miss good moments, everything must be balanced.

[summonerrk]

Trading has many advantages over gambling. There, the influence of luck is not so strong. I understand that there are different types of gambling, including poker and slots. But nevertheless, trading seems to me to be the most controllable process.

[LUCKMCFLY]

Trading has many advantages over gambling. There, the influence of luck is not so strong. I understand that there are different types of gambling, including poker and slots. But nevertheless, trading seems to me to be the most controllable process.

Yes, that is how it can be done better since roulette games, poker, all have their point of luck and sometimes everything is there, in mere luck, and obviously strategies can be used, but based on the fact that a casino game is careful because you have to be careful not to spend all your money, when we compare it with trading, in trading for me it is not luck, for me it is 90% wisdom and 10% that we can leave to luck and that is when we take into consideration the factor of volatility that can change everything.

[summonerrk]

Trading has many advantages over gambling. There, the influence of luck is not so strong. I understand that there are different types of gambling, including poker and slots. But nevertheless, trading seems to me to be the most controllable process.

Yes, that is how it can be done better since roulette games, poker, all have their point of luck and sometimes everything is there, in mere luck, and obviously strategies can be used, but based on the fact that a casino game is careful because you have to be careful not to spend all your money, when we compare it with trading, in trading for me it is not luck, for me it is 90% wisdom and 10% that we can leave to luck and that is when we take into consideration the factor of volatility that can change everything.

I also think that in trading the percentage of control is very high, and the percentage of luck is small. Although I am sure that there are plenty of people who will say that the market is uncontrollable, and there is not a single person in the world who knows where the price will go next.

[milewilda]

Trading has many advantages over gambling. There, the influence of luck is not so strong. I understand that there are different types of gambling, including poker and slots. But nevertheless, trading seems to me to be the most controllable process.

Trading isnt for entertainment which gambling is, when you do make out such comparison then it would really be impossible that you cant really be able to determine those things along the way.
Trading would really be that become gambling on the time or moment that you wont really be that applying any analysis on which it is really that something understandable.
Based on luck in trading? Some sort of because not all the time on which price predictions would really be always on what you wanted. 

[Ricardo11]

In trading, if you don't trade perfectly it depends on luck like gambling. Trading is one such thing, which we can treat like gambling. Because it depends on luck most of the time like gambling. Do not give up in trading, if you fail once, practice more, be perfect. And always make the right decisions. Make sure you understand each thing well and trade.

[Agbe]

I think trading is better than gambling. Though are all the same in risk, and in trading you are involved and participate fully to the core and it is also call trader centre business while gambling is casino centre business. Trader centre business in the sense that the trader determine when to start and when to end and also monitor the trading process and if it is not favourable, then he he can stop the trading. But in gambling you can stopped the game when it is going on unless they have asked you to cash out.

[Aanuoluwatofunmi]

We shouldn't take cryptocurrency for gambling, though in gambling, we can make use of crypto coins but when it comes to trading, this is an entirely different case, gambling is not trading and when we are trading also does not mean we are gambling, the mindset in which we have towards the two also may have to do with how we approach them, while their differences are obvious and plain.

[SmartGold01]

We shouldn't take cryptocurrency for gambling, though in gambling, we can make use of crypto coins but when it comes to trading, this is an entirely different case, gambling is not trading and when we are trading also does not mean we are gambling, the mindset in which we have towards the two also may have to do with how we approach them, while their differences are obvious and plain.

I think you are not getting what op is saying when said of gambling.. what op is comparing is the lost that comes in cryptocurrency while investing in it, for instance when you buy some meme coin and the price falls unexpectedly where you never regained any amount back is considered as gambling. Because in gambling when you bet and completely loss the amount it's considered that you lost all the entire amount used for gambling same it's applicable to cryptocurrency that went entirely flats without rising again. With this people can call it gambling.

[libert19]

In gambling, when you lose your money, it is over, while when your trades lose, you can recover... but You still need to get lucky AGAIN :

If you lose a bet in gambling, you can bet again there too to get lucky again, it's not over there either.

Anyway, to answer to the topic, I consider trading similar to gambling as well, although the world has attached wrong notion to gambling alone and not so too trading.

[LUCKMCFLY]

I also think that in trading the percentage of control is very high, and the percentage of luck is small. Although I am sure that there are plenty of people who will say that the market is uncontrollable, and there is not a single person in the world who knows where the price will go next.

And what you say is reality, there is no other way to do it or think about it , only that to have that Control it must be materialized in money , not in other things , for me money is what we must take care of the most, there is no other way, those who are guided by preserving Technology , being Enthusiastic about an action , a Crypto, I repeat , but they are tools to make money , the same Happens with the casino , which is where we will have the least Control , Clearly the market is not under control but according to our wisdom we know if we make money or not , that is why every time we try things we must do them as best as possible, always try to know more about Trading so that the success rate is Better , and for gaming , if you take advantage of luck at the right Moment.

[summonerrk]

I also think that in trading the percentage of control is very high, and the percentage of luck is small. Although I am sure that there are plenty of people who will say that the market is uncontrollable, and there is not a single person in the world who knows where the price will go next.

And what you say is reality, there is no other way to do it or think about it , only that to have that Control it must be materialized in money , not in other things , for me money is what we must take care of the most, there is no other way, those who are guided by preserving Technology , being Enthusiastic about an action , a Crypto, I repeat , but they are tools to make money , the same Happens with the casino , which is where we will have the least Control , Clearly the market is not under control but according to our wisdom we know if we make money or not , that is why every time we try things we must do them as best as possible, always try to know more about Trading so that the success rate is Better , and for gaming , if you take advantage of luck at the right Moment.

Drawing conclusions after each of your actions is the only way to understand whether the activity you are doing now makes sense or not. And not everyone is capable of this. It was through this analysis that I realized that the market is almost unpredictable, but there are levels that give a forecast that has a probability of price movement that differs from 50 to 50.

[Rubel007]

Many people find similarity in gambling with crypto by looking at certain market behavior. I also won't deny that crypto has nothing in common with gambling. There are certainly some similarities. But I agree with what you said that gambling is entirely about luck. However, while there are some similarities with trading, major differences exist. Due to these factors we can never think of gambling and trading as being on the same level.

Since the trading platform always goes through ups and downs, there may be some profit or loss due to price differences but a trader cannot lose his wealth completely. But gambling does not have that opportunity. There is not enough opportunity to use the talent in gambling. In trading if I buy bitcoins I may lose temporarily but in long term I will profit but gambling does not have that chance. Many compare crypto to gambling because of some of the shit coins, but in reality there is a wide difference.