Why much people still think Crypto is gambling?

[Lover840 0]

Hello my dear friend. I'm new in this crypto forum. So i dont have much idea about it. I think it is because of the forex Trading. As many ignorant people think crypto currency a illegal currency. 

[Polash0303 8]

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[ETheHedgehog 3104]

Because most people aren't interested in actually knowing what Crypto is, and it's their loss as crypto is going big in the future

[SuperCrypto 7193]

The success of both gamblers and currency traders depends heavily on self-control. But this similarity does not make gambling quite similar to currency trading. Despite some correlations, a strong currency trader will find himself undercover in trading science.

[Shaze win 107]

People think cryptocurrency is gambling because the prices of cryptocurrency is not fixed  and there are a lot of chances of loosing money only most experienced persons can do it and make money

Beginners can not do it they can never get profits from the crypto 

But it is not so because it is a pure business

[malik6314193 5449]

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?

I don't think so because I know crypto is best over all fiat currencies. I think in near future crypto currencies are going to overcome fiat currencies.. 

[Santo123 4]

I have been working in few year in many site but i lost my money in few site now i found a very trusted site crypto currency site now i earned a batter payment in this site

[moiz p 5]

On 1/11/2020 at 6:19 PM, coinyspace said:

Cryptocurrency is volatility and it is unpredictable. That is why many people think that cryptocurrency is gambling. Also a lot of people lost money on cryptocurrency and a lot of people lost money on gambling.

Cryptographic money is unpredictability and it is capricious That is the reason numerous individuals imagine that digital currency is betting Also many individuals lost cash on digital currency and many individuals lost cash on betting

[Malissa 14]

I actually don't know why people think crypto is gambling. But I say that this not gambling. Crypto is the platform where we solve our problems and also gain knowledge about cryptocurrency. 

[lifelline1262 15]

Some people were not able to understand how they could earn in cryptocurrency, so it is getting to hard for them to earn in cryptocurrency

[Sonjoy 0]

It's miles it is handiest depends on you that how you utility the crypto analogous a playing or likable a goodness factor due to the fact those who lost song their cash, in crypto world then they informed the rests that it's miles a gambling...

[Ahadfuyad 28]

I don't really think It's a gambling.because,it creates a lot of opportunities to earn money.we also can learn many things here.we are sharing knowledge and informations to a post.that's why we get paid.so,I Don't think,Crypto is gambling.            

[kpk333 18]

They think that way because of the volatile nature of cryptocurrencies in general. Cryptocurrencies generally exhibit wild swings due to which it is possible to lose your investment completely.

[Aishe11628 4]

Many people Don't know about crypto. That's why Their thinking is low. If they know about it they never talk about it. For their ignorance they think about it. But crypto is a Trusted site.

[Prince90 668]

Well we can't help everyone in this matter lots people think that it is gambling and lot of think it as a currency. But we can show them by earning from crypto world and let them understand by our work. Most commonly people think that it is a gambling because we invest our money and there is always a risk of loosing the money thats why people think it is a gambling.

[andrehol 16294]

I myself believe that cryptocurrencies are a gamble. This is a game of the rules, not a scam. Any investor or trader can lose all his money if he fails to conduct a transaction. Excitement evokes the feeling of the possibility of a big win.

[CryptoMaxim 2372]

In a way it is . Just not as banal as casino games . And more completely in the auction. After all, if someone is in profit at the auction , then someone is at a loss.

[rianpedia 816]

On 3/17/2020 at 5:57 PM, CryptoMaxim said:

In a way it is . Just not as banal as casino games . And more completely in the auction. After all, if someone is in profit at the auction , then someone is at a loss.

Yes, crypto is different from auctions. if the auction there will be something valuable and auctioned prices. crypto is more than that and is more profitable.

[SuperCrypto 7193]

Trading cryptocurrencies and currencies is controversial and they have many similarities but this is not true because unlike gambling you must take prudent steps when making money from cryptocurrency transactions.

[Laboni 755]

Many think of crypto as the only way to make money easily. Gambling is one of them. There you can earn money without any hassle. That's why people still think crypto is gambling. But I think it's a lot of risks. If luck is not good with you, you will lose everything. That's why there are so many sites on crypto that you can easily make money without having to worry about losing.

[iloveyobit 6599]

On 3/6/2020 at 12:27 PM, FARHAD HOSSAIN said:

In my opinion it is consider as gambling as you are risking your money blindly crypto is also shape of this so just because of this mostly,To some people, the idea and thought of storing or having electronic money is too good to be true to them.  

Yes, you are right, but crypto is not considered a gambling in the first place, gambling depends entirely on incitement while trading is a science that is studied in detail and depends on knowledge and patience.

[deepown 0]

4 hours ago, Tuni$ said:

Many people view it as safer than other forms of gambling.because it provisions every part of transaction facts on the blockchain. one obsession to store in attend to is that ,since cryto currencies are quite new ,some of these sites are as well.

So you too agree that it is gambling but only a much safer way of gambling?

[MrGox 880]

Because they get information from their friends or elsewhere about that. When they can make own research about that, what is crypto or how it works. Maybe they will stop thinking crypto is gambling.

[NevermindNe 549]

Because these people have read a lot of reviews about cryptocurrency on the Internet and realized that in the world of cryptocurrencies, many people both earn a lot of money and lose it as in gambling.

[BitcryptoHan 2557]

On 3/23/2020 at 6:43 PM, Anwyll Axel said:

Because they don't have enough knowledge about crypto technology so they thinks that it is like gambling. Crypto is a business for those who had knowledge of it.

It is not only about enough knowledge because some aspect of crypto are indeed gambling, example is crypto gambling itself and binary options. But crypto it self it not gambling but an asset.