Why much people still think Crypto is gambling? - Page 6 - Crypto World - CryptoTalk.Org Jump to content
hmind

Why much people still think Crypto is gambling?

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On 1/11/2020 at 5:58 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?

IMO.. It is all about facts. When you are involved into any highly volatile crypto then it is considered gambling. on the other hand, when you are involved into any stable coin so it is considered an investment. 

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I think much people still think Crypto is gambling.  Crypto has a long term future and day by day Crypto network become more strong and popular. People become like this network. We all know that these two are risky such like gambling but not gambling. 

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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?

maybe because of the amount of information they got there was a kind of gambling in it, they were not mistaken for it because I also found that kind of thing and I have my own thoughts about this

11 minutes ago, kuseav said:

You are the holder, you must be a very patient person because it will take a long time to make a profit, Crypto is a type of gambling because you trade your cryptocurrencies to make a profit.

maybe this opinion is also true because this money has no legal basis and there is no system to regulate it, my opinion can be wrong can be right I apologize if wrong

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You cannot rule out, that investing in crypto is too some extent gambling, because you are investing in something that you are not sure of. Maybe your investments give you 100% back or maybe it gives a loss of 50%. So it is not much different to gambling. .

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On 1/11/2020 at 8:48 PM, bliznec said:

Trading in cryptocurrencies is not gambling at all, and you need to know and remember about this. By placing an order to sell bitcoin, you calculate the delta. 

I agree with your opinion this time I never even imagined trading in cryptocurrency is not gambling at all but it is selling and buying bitcoin on the market so they can count with deltas or others. Those who think trading in crypto as well as gambling do not think they are wrong.

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Because there are more gambling sites in crypto earning. We buy coins and just hope that they give us profit sometimes we get profit and sometimes we lose isn’t it gambling.           

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Its not thinking .. as you know the Gambling world is so big in crypto currency market so we can explain for people that there's trading and minning and the airdrops/bountys and giveaways 

 

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Many peopl think Crypto is gambling because they only see many project that is fake and not true. That's why they easily fall in that mindset. I think they only need some evidence that will say crypto is not gambling.

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First of all, I am new here. And I don't know much about cryptocurrency that much but I don't thing that cryptocurrency is a free currency you have to to earn it. Otherwise you don't get anything and Cryptocurrency is not gambling as many people does gamble which cryptocurrency but but that doesn't mean that ki progress is all about Cameron because almost 80% of cryptocurrency users invest cryptocurrency So no one can say that cryptocurrency is gambling.

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Maybe because it is based in investments, especially high risk investments, and that seems to them more like gambling.

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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?

Well, on my opinion, people that it is a gambling because we are betting on something. We are hoping that btc will pump ita value and maybe people think it a wrong way. Also, we earn high profit that the people think it comes from gambling.

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They have no idea about it so they call it what they want and call it gambling because they can not get a profit from it

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It is not gambling it is digital currency nd it is a way to earn money or to learn more about this kind of platform or people also earn by their minimum effort so by comparing it by gambling is not so right

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Well, its true but its not the exact gambling they referring, gambling in investing in cryptocurrency means that if you will invest in crypto without a greater knowledge and not sure if you will earn or not.

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29 minutes ago, fila said:

yes i agree with this that people who have no research or interest in crypto calling it a waste and gambling and not real and all of that stuff. People whom do not know anything about a topic or have not researched it enough should not be negative about something that they do not know anything about. Crypto is real and we can all get paid out in fiat currency if we wish but i guess it is simply still too geeky for some people to get involved with and want to understand how it works in the first place. Well maybe they will regret that at one point or another.

This image should have been lost because many people have used crypto. So what the op said is stale. Right now, we should discuss the positive side of crypto because we have gone through 10 years. But there are still those who live in the past.

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 most likely as of lots of of them assume that to gain crypto you require to good buy it and in the caseif after that the estimate will take off down they will delay in minus. scarcely for the reason that of unknown be capable of predict the charge and its conduct yourself the a large amount of associates brand similar between having crypto and gambling. 
 

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I now and then become ill and irritated too when hearing a few people who don't comprehend crypto issues effectively think of it as betting. Why and for what reason do they think and generally straightforwardly like that?

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Because it involves alot of tention in the process of trading and investing and also coins are involved which in the process you etheir win or loose just like gambling.

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It look likes but they are not the same.they say that becouse if there is a risk it is still form.of gamble.investing in crypto currency is also a form of gambling in a very nice way 

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I know many people don't believe in bitcoin and think of bitcoin as gambling, it's hard to explain but actually my parents think bitcoin is gambling. and I couldn't make my parents believe it until I took the money and told my parents that I made it with bitcoin.

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It is honest like a game to vocation in crypto as it may bequeath you profit or debit not sure. even though you run rigorously but even now your earning is risky. a lot of experts round about it is betting for the reason that they believed it not machinery on reality. It single practical upto it has demand.
 

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Guide them how to get started. The best way you can help them is to share some forums, promotions, airdrops or parks. Also a lot of people lost money on cryptocurrency and a lot of people lost money on gambling.

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Many people lose money here that is why they think is is gambling market but I think is pure technical and fundamental analysis based market because I noted this. 

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Trading and investing is also consider as gambling as you are risking your money blindly crypto is also shape of this so just because of this mostly peoples like this which is not bad at all gambling and trading both are from same family.

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Many Ponzi scheme adopted Bitcoin when they came out and many people became scammed. This is the reason many people still see cryptocurrency as gambling. Cryptocurrency is not gambling.

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