Why much people still think Crypto is gambling? - Page 19 - Crypto World - CryptoTalk.Org Jump to content
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Why much people still think Crypto is gambling?

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Crypto currency is not only a digital currency but also a digital asset no doubt that crypto currency is been used as gambling by some individuals entities but it is not generally used as gambling claimed by some people. 

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3 hours ago, Osakha121 said:

Dear friends, people are not new to talking like this because foreign trade and investment are also considered as gambling because you risk your money as the size of crypto just because most people are not bad for gambling and business all from the same family both  You are investing in good profits.

The different between gambling and trading is that in trading you have a chance to study and become more of a real trader than just a gambler and a risk takers, while in gambling one is simply a gambler for the rest of his life.

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I think what people mainly lack is the awareness of how the cryptocurrency platform and the investing and trading part of it really works. If that section is clarified to the general public then this false notion that cryptocurrency is a gamble would be nullified.

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Cryptotalk is not a gambling  site where everybody will come in and go this is a platform where you share knowledge and experience with others and earn huge amount of money athesame time making useful content on the platform will make you earn money on that post you made

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I'm my opinion I think most people are not acquainted much on the cryptocurrencies and so they lack the ability and awareness to know how it works in this platform.but I guess with better clarification to public in general that concept would be void

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You don't care why people talk. You have a goal in trading cryptocurrencies. Nobody will stop you. Even if it is a gamble, you need a little risk, but you will earn a lot of money.

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Well said mate. I even don't understand why some of the members think crypto is gambling. I don't think they are right. While I think its absolutely fine. Even it's a great platform for making profits. 

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Cryptocurrency is basically gambling if you have not learning about it yet, but if youll be have the better knowledge on it, this cannot be gambling for you.

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On 1/11/2020 at 1:58 PM, hmind said:

I sometimes get sick and annoyed too when hearing some people who don't understand crypto problems easily consider it gambling.  Why and why do they think and mostly directly like that?

Friend, people who consider cryptography a game is because they do not have the knowledge and you have to make them understand by giving them solid arguments for its use, have patience with them and explain the benefits that its use can bring them...

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Since you are using the word crypto it looks like worse than gambling. The word crypto doesn't mean anything. Crypto what exactly. All the cryptocurrencies, all the websites about cryptocurrencies. Aren't there gambling websites too. Or the gambling trading websites that liquidate traders? This is gambling so this is what they understand when you tell them crypto. Why don't you tell them Bitcoin instead. What is this word connected in your friends mind?

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On 1/11/2020 at 8:58 AM, hmind said:

I sometimes get sick and annoyed too when hearing some people who don't understand crypto problems easily consider it gambling.  Why and why do they think and mostly directly like that?

Certainly not all people think the same because of what cryptocurrencies, some believe in them and some do not, but of course it is more evident every day that cryptocurrencies are increasing in popularity and increasing their use.

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Gambling contain greed. We should work hard with dedication and devotion in this platform. It's a great platform for you to learn and earn at the same time. You will really enjoy this Platform and you can share your experience with others people also by posting your content. You can also go through other experiences by reading the article and their view of the platform. It will improve your content writing skill also. 

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Yes you are right some people don't believed in crytop currency because they are thinking is scam or gambling but is all because they Dont have knowledge about it

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See from their perspective.

Quite a lot of cryptocurrencies disappeared without any warning and became worthless and they know people who went bankrupt because of that. Also, fraudulent sites do not end in this area, there are more cryptocurrency fraudsters than anywhere in the world

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I would say what a crypto is or what it is doing and most people call it gambling.  Thanks to crypto gamblers who know in advance about crypto and express the right opinion ... I still know that some countries have banned cryptocurrency for this reason.  But it depends on the market or the buyer or seller.  I have a question that can pump the share price of a company.

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Not trusting the intangibles is an important factor for people.
The movement of crypto prices, the rise and fall, and the potential loss that exists from the devaluation of a currency is what makes people say about crypto that it is gambling, just like trading on the stock exchange, many still think that it is gambling.

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Cryptocurrencies are a fairly new investment class and to some putting your money into Crypto is anything but investing, but rather gambling. In fact, many respected investors, like Warren Buffet, have spoken out against Bitcoin and declared it as being gambling.

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Some people still think that crypto is gambling because they don't have have knowledge about crypto. They believe in rumor that are spread by the haters of crypto.

If a person learns about crypto currencies properly he will never think crypto is gambling.

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They just realized that fiat means only the form of wealth and they cannot imagine other kinds of wealth so most people still think that crypto is gambling.This is probably because most online casinos use crypto.  If you run an online casino, you don't need to rent a large space or a lot of staff, and online gambling can be illegal in certain places.

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On 1/11/2020 at 8:58 AM, hmind said:

I sometimes get sick and annoyed too when hearing some people who don't understand crypto problems easily consider it gambling.  Why and why do they think and mostly directly like that?

This will always happen, it is normal, not all of us think the same but the positive thing is that the whole issue is that cryptocurrencies are increasing in demand and their popularity, few people will accept it by itself and it will not be a matter of taste but of benefits.

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On 1/11/2020 at 8:58 AM, hmind said:

I sometimes get sick and annoyed too when hearing some people who don't understand crypto problems easily consider it gambling.  Why and why do they think and mostly directly like that?

Those who think this way in the coming days or months will regret it because every day BTC and cryptocurrencies are more real and accepted, so they are losing a great opportunity.

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As we know that users of cryptocurrencies are increasing day by day but at the same time there are still many people who do not know anything about cryptocurrency. There are still many people who do not know anything about cryptocurrency and they do not even know how cryptocurrency can prove beneficial for them. They are ignorance about cryptocurrency. And these are the people who are called crypto currency gambling. Actually these people do not know anything about crypto currency, so this is called gambling although it is not like that at all. We need to treat such people and tell them about crypto currency so that they do not give bad reviews about crypto currency. 

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Most people think crypto talk currency is gambling because they don't believe in it and are ignorant about it they have no knowledge about it, what always come to their minds is how will someone just make a post and earn money just like that without any hard labour do the best solution is by making research and findings on crypto currencies in order to acquire knowledge and experience about it 

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Most of people thinking about Crypto is gambling because of many sites cannot pay and just for fraud and only their profit not gave any benefit to user's on the working but as using Crypto it's predictions is eliminated of gambling beacuse of it is working and pay regular. 

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In my friend, it is the job of people to say such things You must think that it has come or not If you really believe that this is what happened then how should you avoid .

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