Why much people still think Crypto is gambling?

[Zezo 306]

Mostly because people believed in tangible things
And I think those who say this often did not spend a minute to get to know the field and judge it

[Hydroiix 63]

Well crypto-currency is kinda related to gambling i do agree on this because it's like you never know what to expect you can win big and you can loose very big.

[Abo3laa 813]

I don't blame anyone because anyone who doesn't know the world of cryptography and circulation doesn't. 
I don't think Daily Trading is called gambling, because the process of buying and selling and profit and loss as natural in our daily lives

[BTC Future 3946]

10 hours ago, Abo3laa said:

I don't blame anyone because anyone who doesn't know the world of cryptography and circulation doesn't. 
I don't think Daily Trading is called gambling, because the process of buying and selling and profit and loss as natural in our daily lives

Probably you haven't day traded yet. It is gambling and the longer you keep with this the more you want to bet. It is like horse races or worse. Most traders in forex/robinhood/bitmex are losing. Statistics have shown that more than 75% of traders that use leverage (which is what these exchanges do) are losing. In some as in forex the percentage is even higher. These odds are similar to visiting your casino daily and thinking you have a chance to profit from slots and roulette.

[Mizan 96]

I don't think so crypto is gambling. Crypto  is big platform. Very profitable platform is crypto. Many people don't know about crypto.  

[Suhannewaz 245]

It is their own preference who think like that. Someone think like it is gambling who are not that much knowledgeable about crypto but yes people use crypto in gambling so final thing is crypto is not gambling people use it in gambling.        

[iloveyobit 6599]

Crypto is a type of gambling, but not in a direct way, because no one guarantees you your money while you are storing it on the platforms, meaning that it is subject to penetration at any moment, perhaps this is the reason.

[Hendy1 370]

Crypto is used not only for trading investment but also for playing casino, roulette uses crypto for gambling. Yes sometimes we have to distinguish it ourselves. where is crypto trading and where is crypto gambling. It's the same as the Fiat currency how we use it.

[Usman Abdulmumin 354]

Who ever think crypto is gambling that means the people doesn't know anything about cryptocurrencies that's why is hardly for them to know how really Powerful crypto is but any moments they will know how it is and they will regret for wasting a lot of time that they did without participating in crypto business

[guatazoo 7150]

11 minutes ago, vesuvius said:

People think bitcoin is a gambling because of its price unpredictable movement.investors purchasing it without assurance if it price will rise or fall.its like betting and the result will be get after certain time.

And many of technical analysis been failed, making it a game of lucky.

[Ayush Singh 1175]

In my circle i haven't seen any of my friends treating or seeing crypto as a gambling rather we all take it as a great opportunity to earn good income by trading or investing in the crypto coins and its running very over the world i don't think such users have the knowledge of crypto then.

[Grease Lightning 169]

People should stop thinking that way now. Because bitcoin has begun to be used by many people around the world. People who still think that way will be very disadvantaged and left behind.

[George10 9932]

One can say crypto is gambling if he or she doesn't have any knowledge about it and most of those are users who have been scamed before or invest without a strategy. in my opinion crypto is not gambling.

[Mashiur 77]

Actually I think they have no enough knowledge about cryptotalk. I think for this reason they think cryptotalk is still gambling. But cryptotalk is one of the best outsourcing site

[Investors Blog 385]

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?

This is true and correct, Investing in cryptocurrency is a gamble, In fact every trade we made is a bet that waiting for a positive results. Its like a dice site you can either win or lose your bet (trade). So they are somewhat similar in nature.

[Interface User 1070]

Because crypto currency is complex for them. This is win and lose situation. If strategy succeed money will come but if not try another one. But for me crypto currency was made to avoid or lessen the centralized form of rules and not only to earn too much money.

[Jeffreystandard 2]

As we be knowledgeable about several intimates out here are ignorant about cryptocurrency u false piety certainly attribute an be in the region of work for thoughts soI deliberate cryptocurrency is an intellectual income of assembly benefit coins with no labour at all

[Robot 93]

Actually I think there have no experience about this metter. For this reason they thik crypto is gambling site.

[kare 105]

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?

Those people who are talking about this have one time or the other lost a number of good money in the Crypto space thinking it is a scam or a gambling because the came in thinking they could make millions over night.

[kare 105]

3 minutes ago, Joy saha 2 said:

Also plenty of humans misplaced cash on cryptocurrency and a whole lot of human beings lost cash on gambling.

Yes friend that was the reason many people were all pissoff in Crypto currency which cause them to calling it gambling or a scam because they have lost money in Crypto investment on time or the other.

[Cryptohidayat 36]

These are the people with low patience and trust on his self. They are worried from bitcoin because they don't even have no knowledge of btc. Or they have lost money in trading or somewhere else so this could be the main reason. I once lost 17000$ but I have never lost trust one bitcoin I have recover my lost and still earning 

[Xsimple 441]

Yes in some perception it is gambling but for me it is a business especially when it comes to trading crypto but also it is kind of gambling but their is a chance of winning here than real gambling.

[Whited35 15285]

Some people may have been thinking so but I never think like crypto is just gambling. We can convert crypto currency into real life cash. Market demands of crypto is determined according to supply value and its demand in the market. 

[andrehol 16294]

Cryptocurrency trading is a game! I find this game very interesting. And if you trade successfully, you get a cash reward. But, at the same time, cryptocurrencies are a serious income for the owner of cryptocurrency exchanges and for cryptocurrency developers.

[avatarkiyoshi 270]

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 they don't know how the basic economy works (supply and demand). They just thinking of Bitcoin price and looking the number only without understanding how the price are formed.