Why much people still think Crypto is gambling?

[SuperCrypto 7193]

There is a potential black swan event in the world of currency trading that has its equivalent in the world of gambling. In the financial world, the Black Swan event is a headline that is advertised, and sends the market into a very volatile reaction.

[Banito23 216]

Because of the high volatility of crypto coins, will make it impossible for some persons to earn daily profits from crypto. The game is definitely a win or loose one. Unless you have a trading strategy, you will continue to see crypto trading as a gambling.

[Sumayya 493]

16 hours ago, Siam Khan said:

Most of them also allow withdrawals using cryptocurrency. Believe it or not, there are even specialist Bitcoin ATMs where you can buy currency using no problem.

They have a high time to earn and they think it is base on luck which is the same with gambling that works with luck.

[khan22 3478]

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?

The peoples which will loss their money in the crypto market they are going to be loss in the market and they said that this is gambling but the crypto market is not the gambling this is the business and in this business we can make good money but we must to invest in good coins.

[Ra6402877 8]

The rapid growth of Bitcoin has been nothing short of exceptional. There was very little publicity for this digital currency when it was launched less than ten years ago, but it’s subsequently become a genuine phenomenon. There is now widespread interest in Bitcoin, and it continues to go from strength to strength.

[wijont 101]

there may be a first-rate danger to earn crypto via gambling and making an investment with out hard work and spending simplest mins on line. but cryptocurrency will no longer deliver profit to each person those who gamblers and investors.

[Fleur de Bleau 168]

I think it is because of volitality. If the price was crashing many investors  will lose  but some if we are smart trader wr cam take advantage those dump to make more profit. 

[Ali_hmwi 966]

On 1/11/2020 at 2:58 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?

My mother was saying that until i show here the money paper money from it 😂 now she courage me alot for that 😂

[Sunil kumar Behera 489]

Cryptocurrency is volatile. The value of cryptocurrency not same at all time and the value  is unpredictable. That's why people saying gambling.But in actual reason not to gambling.

[maxiway 44]

Sometimes I name him that I work with btc and they just laugh and say that the btc is worth nothing, that it is something fictional, and I only see them and stop talking about the subject because they are very ignorant, they have to see to believe, or win

[NIVLEM 172]

Investing or trading in crypto is not gambling, If you are technically skill and have a knowledge about it. Invest or trade in crypto without proper knowledge or plan is gambling.

[Christy 8]

People still think crypto talk is gambling because every business is based on risk taking, anyone that is  not ready to face challenges can not go far, be determined and optimistic

[Merytis 21]

Its quite true a lot of people still think crypto currencies are gambling maybe because of its instability and unpredictable activities associated with it.But its actually not gambling but investment 

[Imaankhan 208]

On 1/11/2020 at 6:37 PM, Satishmolankar said:

You can do gambling with crypto currency crypto is not a gambling with use if crypto currency you can play games or you can say dice games stake game and the most trusted site bisler this all site 

Yes you are right you can do gambling with crypto currencies but itself it is not gambling. People take things according to their mindset and understandings.

[Mr.Bit 212]

Because the think they can obtain a lot of funds in this but it’s wrong gambling can drain your fund and went to nothing hope you make you decisions right good luck.

[maybs999 111]

We all know that there are people like that who saying not good to the site they are insecure, as they all know it is business to invest and trade were it has labor after all. 

[Anik2020 1]

as its calm down about nice of direction right like laying a bet for the reason that we procure coins and we fair desire they spirit up and fail us profits and every so often we get something done and from time to time we lose...isnt that gambling?

 

[Hanuman 253]

I think if anyone here think that crypto is a gambling,he is mad or hw don't know anything about crypto.

In ny intention crypto is a good platform to earn money.

Here you have go do some comments then crypto is gave you money.

 

[Naqeeb707 11]

On 1/11/2020 at 6:46 PM, patitaycute said:

Because investing on crypto is also a gambling that you will not sure on the value of this coins because of it's volatility. Also, you are not sure if you might earn high profit or not.

yeab you are right it actually seems like gambling because the prices of the cryptocurrencies fluctuate in very less time so you buy it with some amount and after some time it has another value

[TasinHasan 421]

On 1/11/2020 at 6:58 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 most people's think crypto can be loss money or make money.they haven't original knowledge about crypto so they think investing crypto like aa gambling. but they didn't know people have to work hard to make profit from here.

[Jesoy 1342]

That's most likely the reasoning skills of most people who were closed minded of what crypto really is. Crypto isn't always about gambling, it offers us benefits that we can't even named all benefits that it posses. They must not always refer it as to gambling because it has many usage too especially in allowances.

[Elsayedelgyar 2]

I think the main reason of that's there is many people not yet understood the concept of cryptocurrencies and how it works. And there is have a lot of lose happened in cryptocurrencies more than profits. That's what I think. 

[Sumayya 493]

11 hours ago, Ryzinstarr said:

As we know several folks out here are ignorant about cryptocurrency u humbug absolutely accuse an run of the mill guy for philosophy soI reflect cryptocurrency is an intellectual course of assembly excellent currency with no labour at altogether
 

They have no basic idea and they only gamble to loss which makes it bad for them

[Razan alikac 1899]

Do not get angry and do not get upset, my friend. Many people do not know what cryptocurrencies are, and when we talk to them about them, they give a negative and sad opinion, just don't care.

[Balegi 112]

May be because they see people are losing and also earning. And when they try, they also sometimes earn and sometimes loss. They don't  use strategies nor analyse the market before going into a trade. They just foolishly go into market and expect luck to fall on their face, which is gambling.