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Why much people still think Crypto is gambling?

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This is a wrong idea, there is no relationship between crypto and gambling  in my opinion, but there are people who want to win currencies such as bitcoin and others by gambling in a short time and this is dangerous because it is likely that he will lose all his money

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Everyone believes that cryptography is a gambling and graft due to the presence of several casinos that are famous online and play through cryptocurrencies in addition to the direct offer casinos available on the dark web that are paid by bitcoin, which affected the reputation of cryptocurrencies


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Unfortunately most people ignore cryptocurrencies and another part thinks it's false to be able to make money from cryptos but I think sooner or later they're going to have to accept that it's totally real and they'll take them seriously

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28 minutes ago, alex72 said:

in my opinion some people still think that cryptocurrency is a gambling because it's price is not stable. it is continuously getting high and low this is the main reason why people think crypto is a gambling.

But even though it is not stable it is still analyzable, makes it perfect for making regular profits.

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Biggest reason behind most of the people thinking that Crypto is a gambling is lack of knowledge. People don't know how to trade. They think that it's just like lottery or a game of rummy. But I will probably this agree this type of people

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I don't  know if someone  think that crypto  is gambling.  If some one considered  crypto  as gambling  it is only  because  of his less knowledge  about  crypto. 

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On 11.01.2020 at 15:58, 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?

for people who are not familiar with cryptocurrencies the way it is, this is roulette, they cannot know which cryptocurrency will rise in price, they have no experience, and can only rely on their luck

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On 4/16/2020 at 9:05 PM, P A Ashif said:

Biggest reason behind most of the people thinking that Crypto is a gambling is lack of knowledge. People don't know how to trade. They think that it's just like lottery or a game of rummy. But I will probably this agree this type of people

Yes, the outline that you said is true, cryptocurrency will be considered gambling in the context of trading if trading without knowledge, just as cryptocurrency will be considered gambling in the context of investment if we make investments without clear plans, observations and management, both of them provide conclusions, that if we want to be serious in the world of cryptocurrency then study cryptocurrency first before we use money for speculation or blind trading (trading without enough knowledge).


 

 

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These rumors spread about it being just a gambling that came from failed experiments, they seem to have invested and presented possibilities without knowing that the cryptocurrency market is receptive and they prefer not to deal again with it and the injustice of others with them by spreading these rumors. This is wrong

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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Fear is in the human nature and there is no adequate person that fearless, so if you see a person that thinks crypto is gambling, you should probably tell him the truth.

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This is what happens to me, me too. When I mention the tired coins and eat them, all my relatives think that they are gambling games and a fraud, and this is because of their ignorance and lack of knowledge of this matter so we always have to educate them and explain to them that cryptocurrencies are a nice opportunity for everyone


 

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On 3/28/2020 at 8:09 PM, outsskux said:

I'm not sure what they think about cryptocurrencies, there are many reasons for them to think so. but the biggest reason is their lack of understanding of cryptocurrencies. even with deals. even with foreign exchange. they don't have the experience they don't know they immediately take it as fraud, gambling ...

I know the reason. They see their friends and people around them to invest in crypto based on luck and guess. After a while, some of them will earn and the others will lose heavily. When they see their friends earning and losing, they think crypto is like a game of chess with winners and losers. They don't understand it is just a trading job like stock and Forex. They also hear a lot about people being hacked and funds being stolen because social media is full of negative news. So, they form a bad attitude towards crypto based on what they hear not what they read. Gaining information from people can be very misleading. It is better to experience crypto based on your own research and study.

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3 hours ago, Jump said:

I think that there are still many persons that don't trust cryptocurrency and looks at it as a gambling only because they are afraid that they will lose money all the time. I hope that their minds will change to cryptocurrency. 

Some people trust what the governments says too much, they might just never change their minds about bitcoin at least not anytime soon.

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Gambling is a game of chance that you may won crypto and lose crypto at the same time. Since it is a game of chance so some believe that it is really unpredictable to hoe much you will earn. That is why many poeple think that once you take an action, you gambled already.

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On 1/24/2020 at 8:49 PM, Thefighter said:

You are wrong. Gambling is a game of luck where you cannot control the outcome, if you are lucky you win. But in trading if you do some research before and have enough knowledge you can improved your chances of winning by a lot.

This is true mate but cryptocurrency can used in gambling so that many people thinks that crypto is gambling, we should have to control ourselves when we are playing in gambling because if you are being greedy, there is a possible to lose all of your money.

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Whoever thinks that Crypto is gambling does not know anything about Crypto, but some go to gambling sites and know nothing of their lives other than gambling.

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There is little laxity on luck in many areas of coding, but certainly not completely gambling, there are preferences and there are studies and thinking at every step. Gambling is relying on luck completely without there being any other escape.

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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?

It's because were just like playing gambling here, we are risking each and every time we have when we are posting here without any assurance if until when does this campaign runs. Because we all know that everything has it's own ending.

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On 3/5/2020 at 1:56 PM, Ojil10 said:

It is true that some people are think crypto is gambling becouse they are not knows every things about crypto and not knows also this benefits. 

I agree with you some people don't understand what cryptocurrency is so that's why they are spreading fake things on social media because of this many people are leaving cryptocurrency 

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Because they don't enough about this crypto world! Crypto world is really deep and when you learn good about crypto so you can start trading or investing to make good profits..

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Most people don`t understand at all what crypto is so they think that it`s very simple technology which can be affected by any outside factor, but it`s not true, so they consider that crypto is gambling 


 

 

 

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On 5/14/2020 at 4:55 PM, Magnom said:

Because they don't enough about this crypto world! Crypto world is really deep and when you learn good about crypto so you can start trading or investing to make good profits..

Indeed most people don't actually have the time to figure out how to earn from cryptocurrencies so they just avoid it. They've also been told by the media that crypto is used for illegal purposes and not want to get involved for this reason as well.

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Most people think cryptocurrency is a gamble because they see people convert there fiat into cryptocurrency and invest or trade with it, most of them profit from it while others lose from the investment. But when you're truly using cryptocurrency, you will know it is not a gamble but a legit way of making money.

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Most of the people's thinking crypto is gambling because crypto most of the crypto market control by whales and big traders. Also they got loss in crypto market that's why they camper crypto with gambling.

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I don't think they have any knowledge about crypto so they still think that crypto is gambling Crypto is a very good platform for work Gradually crypto is becoming very popular. If they practice the crypto market properly they will be able to know the exact information and become accustomed to crypto.

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