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hmind

Why much people still think Crypto is gambling?

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I think this field is not for everyone. The one who works with it must work hard, learn and master the work, and know where to invest his money. We must not listen to the frustrated and the losers in this field.

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Because they do not yet understand about the world of Crypto and they only consider it temporary, but if they have entered the world of Crypto they will slowly understand that Crypto is not a place for gambling, only certain elements use it as a gambling place.

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On 1/11/2020 at 7:58 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?

Because some people proudly connect it with the gambling site and even talk about it. They also think that bitcoin is not a mature technology. They think investing in bitcoin will be a big risk.


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If you think about it, generally with the knowledge of how cryptocurrencies are decentralized which means there is no one who governs, so technically you are going to bear all the risk of loss that comes with it when the prices go down.

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I think these people do not know well about crypto and they heard only from other that how much they earned and how much they lost due to which they are saying that it is gambling. 

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You cannot understand the people who think that crypto is gambling because neither they have good knowledge of this and nor they understand the trading in the market online.

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Blockchain technology, Bitcoin, altcoin in general are not the problem for many people.

 

the problem comes when they have to use an exchange and do trader, usually people don't see it as positive. Currently it is big problem, because the reality is that many would prefer to use the coins directly in their expenses, as they do with the Fiat currency.

 

Losing or winning when selling or buying a cryptocurrencies is something that most people don't care about, they just want the fair value for their money or active crypto

 


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Some people think crypto is a gambling site but I think they lack sufficient knowledge they don't know about crypto money making site where you can make money by post or invest.

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In the meantime I have learned that many people still think crypto is a gambling site but I think they lack sufficient knowledge and do not know it well. gambling site but I think they lack sufficient knowledge and do not know it well.Crypto is a fundraising site where you can make money through meaningful posts or investments.

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On 1/13/2020 at 2:31 PM, mukty said:

I think they don’t have enough knowledge about crypto..also they don’t know how to trade that's why sometimes they invest in scammed site and lose their money..        

Many if people are getting heard about bitcoin that's can make you rich, but they don't believe on it for the point that why the whole world are not richest

On 1/13/2020 at 2:31 PM, mukty said:

I think they don’t have enough knowledge about crypto..also they don’t know how to trade that's why sometimes they invest in scammed site and lose their money..        

When newbies knows about the bitcoin they are always starting trading cryptocurrencies by predicting the price that's why they believed it is gambling

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Because they are very primitive in looking at the crypto world of their minds if they already understand that crypto is the same thing as fiat but in terms of material and systems that are different.

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Much people thinking about Cryptocurrency gambling.Because they always want to rich overnight.They have too much greed

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People should get to know more about coding so that they can benefit from it. The dangers are great in coding. But if we learn good trading and the right investment, the risks will be less and we can achieve

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People who say crypto is a gamble might be because they don't know clearly how crypto works and systems.  If crypto is a gamble what about people who buy gold when drop and sell it when it rises?  Is that gambling?  Doesn't the crypto work the same way. The only thing that distinguishes physically between gold is precious metals while crypto is digital money.

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Well, I've met people like that said. Because they don't know crypto yet, they think crypto is indeed like gambling that can produce. Even though real crypto isn't gambling, it's just a digital asset that everyone can have.

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new peoples thinking crypto is gabling because not knowledge about crypto currency.crypto is not gabling also my some friends thinking crypto gabling. 

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Because of they don't have enough knowledge in crypto and they don't know what to do if they would join the crypto world maybe some are a gamble like cloud mining because more sites or other sites are not legit.

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Why people think that crypto is gambling I do not think because this is pure market and we earn from this market when we have strong skills of trade. 

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I think many people are not seeing this crypto as a gambling, they seeing this by illegal because they think that this is using from the bad activities like buying some illegal drugs in black market, gambling in cryptocurrency is just normal, this is the way of earning if you want to double your coins, do something way how you can earn money.

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When having to check the current price of bitcoin, you start wondering how bitcoin is then a gamble, cuz now its at $8972 on yobit exchange price chart

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On 1/11/2020 at 8:58 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?

That is what they are believing, if they really think that these crypto things are just gambling, and you cannot really convince them, maybe just let them, respect them and move on. At least you tried to explain what crypto is. That's enough, do feel sick and annoyed. Do not stress yourself because of that. 


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because look at the movements it makes... 

 

highly volatile price, no knowledge of technology, bad news from the media, etc.. all this makes many people believe that it is like gambling

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There are a lot of people in the world who don't know about crypto, they say it is gambling without knowing what the crypto is or what it is doing, and most people call it gambling.  No thanks to the crypto gamblers who know about crypto in advance and express the right opinion ...

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