Many people compare short-term investing to gambling, which leaves me wondering how true this really is. But I am not willing to compare short term investing with gambling.
Gambling is one of the means of entertainment where people spend their time and have fun but excessive addiction causes huge loss of gambler's wealth and he loses periodically but limited resources and time can greatly reduce his loss.
Short term investment through currency selection and investing accordingly is very risky but choosing the right currency and making the investment decision accordingly is very important for an investor. Many investors are making huge profits by picking the right currency and will continue to get richer because they prioritize early buying and diversify their investments short-term or long-term when a stack is formed.
In conclusion I can say that gambling is one of the means of entertainment and it is not only a means of earning money as many try to present it differently. On the other hand, short-term or trading is a popular way of making money that keeps money flowing in the market.
Because I gamble for fun, and short-term crypto investments cannot provide the same level of pleasure, I will always prefer gambling. Even though we often advise people not to gamble for the purpose of making money, it is still possible, especially if a gambler is lucky, to make money from gambling. One of the advantages of gambling is that it can result in quick and unexpected wins. However, this should not be the basis for engaging in gambling.
In my opinion, both can be risky and dangerous, but with proper research, it becomes easier to mitigate the risks in gambling and make better informed decisions. In the crypto market, a variety of factors influence it, and rates are determined by these market forces, which means that profit is not guaranteed. Thus, I will be content to have fun gambling rather than investing in the short-term crypto market.