Why much people still think Crypto is gambling?

[Mcd0d0 5882]

i think because they have no knowledge about this forum and they no willingness to join and to learn about this but for me its a legitimate site that paying its so helpful site that may known by all people around the world.

[alexisfuentes 2130]

On 1/15/2020 at 1:10 AM, Emran23 said:

I think we should teach them how to earn on crypto. I think a lot of people misunderstood crypto because when they heard it they didn't understand what crypto was, which is why many would think of it as gambling.

In the gambling there is something called variance, this one can be calculated, all gambling tells you chances you have of winning, in gambling you can know accurately, they are always against but people bet the same.

 

The trader is an investment, which has volatility cannot be calculated, it is vague there is no exact formula for that, but other methods are used.

That is, each has its advantages and disadvantages, comparing gambling with the trader , does not have an objective sense.

 

 

[Sasaki 171]

Just because they don't want to accept it and maybe don't know it, well if they just started to know that cryptocurrency is the new technology maybe they will also start to accept it. 

[Aereen 456]

I actually think that cryptocurrency is actually gambling, we all know that the cryptocurrency world is an unsure place to be, you just have to have that gut feeling, similar with gambling, you are not really sure with what you are doing but you hope to earn from it.

[DrHaman 375]

People container prepare yourself sleeping some sort of choice having crypto foreign exchange crypto seriously isn't some sort of sleeping some sort of choice having an app in the event crypto foreign exchange people container effectiveness particular sports rivalry or maybe people jar suggestions chop playoffs pole activity along with the largely honest area biller that each of position.

[Arsm 63]

Thats probably because most online casinos use crypto. You dont need to rent a big place or hire lots of staff etc if you run an online casino, and online gambling may be illegal in certain places, and they wont be traced if using crypto rather than cash as they can be traced to bank account owners etc. And the use of a anonynous secure online currency is of course great use to online casinos now.

[Tarek Ahmed 0]

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.

[Naga 1250]

On 1/22/2020 at 5:19 PM, fo1lluko1l said:

Gambling in crypto is only a daily trading, if there is no ihx it is not a gambling game, it is just a long-term investment.

how is day trading gambling? i think only long term holding is gambling because you dont know if the project will keep existing in such a long time or will it survive.

[Aereen 456]

On 1/11/2020 at 11:04 PM, Sholly said:

The reason is that, in most cases, people fear what they don't understand. Many have not yet understood the concept of cryptocurrency and how it works. To some people, the idea and thought of storing or having electronic money is too good to be true to them, hence, they believe nothing good can come from trading it. 

I agree with you, most of the people who do not engage into the cryptocurrency world often judge it rather than to actually put effort into finding it meaning into the world. I believe this usually happens because there are people that do not keep up with the changing times.

[steve197 522]

because they don't know that this kind of work is in the universities and it's an whole study on its own

it's totally based on facts and it's not gambling for sure

[guatazoo 7150]

33 minutes ago, Loqiemean1 said:

I think that crypto world is not a gambling what it is it's only depends on you that how you use the crypto like a gambling or like a good thing because those who lost their funds in crypto world then they told the rests that it is a gambling.

 

If one does  not have the crypto education  they need, then crypto will always be gambling to them.

Edited January 26, 2020 by guatazoo

[pakjobhelp 1585]

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?

In my view there are two types crypto trader. First those who use the short cut method for earning more crypto coins and want become richest, in this way these trader takes risk and use crypto gambling.

Second those crypto trader they wants earn but without risk and and they follow all the crypto market rules.

I suggest you that don't become greedy and work with market policy then you earn more and survive long time in the crypto market.

[Akbor 1042]

On ‎1‎/‎13‎/‎2020 at 9:18 PM, auiwrb4 said:

Because you risk your finances because of the exact size of the cryptocurrency, you may be able to make a profit but it may also be a loss, depending on your risk.

Mainly the profit or loss depend on the experience in crypto market. there are many person who cant make good profit as they don't know how to make profit.

[rajonmia 181]

Most of the time new users say that. Because beginning time they can not trust properly. So do be afraid about this. But old users and specialist do not say that. Maybe you know that brother.

[Vanessa 1266]

Some if them even think that it is scam and I hate the fact of their ignorance on the system. Whenever I try to explain to them their mind is close. I also admit the ignorance before and regret and hope I have discovered it earlier.

[phpMailz 568]

People think cryptocurrency is gambling cause they don't understand what cryptocurrency is, they think of it like some internet tokens that people are just buying and selling without any usage or value but they don't know that cryptocurrency is one of the ways many people now do transaction online.

[samislam 403]

this is not for first time.people considered forex as gambling and now they think crypto is the same thing.they don't understand the system and never had better knowledge about crypto currency.they made loss without knowing the market.as a result they find the gambling in crypto

[zhaazure27 524]

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?

We cannot blame them for their ignorance. When I firts got to know crypto I also throught that this was a game like gambling. The deeper it gets, the more it knows its purpose and purpose.

[Oxygen 1004]

because crypto currencies have set an example in year 2017 and many of peoples get into FOMO and invested blindly in crypto currencies. when the got rekt they said it as gambling or a high risk currencies.

[mskhatri24 299]

In my opinion people are still not much aware about cryptocurrency and day by day they only hear the news of internet fraud or digital fraud or they only understood that fiat money is only form of wealth and they cannot imagine other form of wealth therefore most of the people still think crypto is gambling.

[Vanessa 1266]

Because if the ignorance, and this people even don’t understand what is crypto currency and yet they have tag it as a scam or gambling. They need to be educated with the system. For some also buying a lot then gambled in the games in the end they are broke bu their grediness.

[AL SHAIMON 1293]

many people still think crypto is gambling because they do not have proper knowledge about crypto. they do not know how crypto work. we should tech them that crypto is not gambling.

[Crypto22 40]

Cryptocurrencies are highly volatile and unstable and many people are losing money but many made money.  People dont have proper knowledge about crypto and we have to educate them that crypto is not gambling, its a new technology

Edited February 4, 2020 by Crypto22

[mani982 286]

People who do not know about crypto market and about digital curriencie they think that this is gambling or ponzy because they can not beleive on that we can do trading online and can earn profit.

[Ummita 303]

Yeah from their own aspect is gambling cause that's what they can see out of it. Because they don't know about it and how it is run lack of idea and knowledge of it.