I will say that trading is gambling for more that 80% of the participants many want to be on the top 20% making huge profits but it is not easy at all to get to that group especially as you state since there a are a number of participants that cannot lose money, like insider traders, whales, exchanges and arbitragers, so the chance a trader that does not belong to one of those groups makes money is even slimmer.

I don't see how it can be otherwise. As I have already said in OP, a sideways market and speculative one at that like Bitcoin's, is a sort of controlled "lab" environment where things can't be different. Well, I have heard that point of most traders losing in the long run mentioned multiple times here and there but since I didn't have any source I just looked for it myself. Here are the hard numbers. I think you can find plenty of other sources to that tune. Other than that, I don't say that all trading is gambling. It is gambling for most traders, which I also mentioned in OP.


Well, this is the point I'm trying to make here. No matter how sophisticated your theories are it still comes down to chances.


I refer to house edge here as something which you can't beat, neither in gambling nor in trading. You can think of trading against a lot of other traders like yourself as a manifestation of what loosely matches luck in gambling. So you either win or lose and it is a game of chances minus the house edge.

I think trading is not gambling. although trading often has drastic changes but trading can we analyze. with the right analysis then we can get a satisfactory result. you have to explore the various things dah you also have to find information on the coin that will be invested. the better we do the analysis the more satisfying the results we will get.

Ill analyze gambling vs poker vs trading in three different dimensions

-1: House edge and winning odds-
A. Gambling: The house has a fixed edge of 10% or so, there is no skill, and you will always lose in the long run
B. Poker: The house still has an edge of 10% via the rake, but you are playing other players so if you are 10% better than other players (or 20% depending on the maths here), then you will win in the long run. Its very hard to get this kind of skill but its possible.
C. Trading: The house has a rake of 0.4% via commissions, and the game is based on skill. So its much easier to beat the game than poker if you are only 0.4% better than the other players.

-2: Risk-
A. Gambling: Typically betting 100% of your money which can be instantly lost
B. Poker: Typically bettering 100% of your money which can be instantly lost
C: Trading: Uness you are using margin, the loss is rarely 100%. A typical crypto loss is around 5-10%. On the worst of days, bitcoin goes down maybe 50% before having a hard rebound and if you have patience you wont even need to take that loss. You control your risk. You can set stop losses, you can catch rebounds. A good trader only takes losses of less than 1-5%, and makes wins of 50%+. Youd have to be in dozens of these losing trades in a row to lose your money.

-3: Bitcoin X factor -
Bitcoin has historically been in a bull market. Even with the 'rake' and even as a bad trader, the odds are always highly in favor of investors. Its still a zero sum game but the people who pay are going to be the big time investors that buy at the very top of $1M (or maybe it was $20K). So if all you do is make long trades, it is very hard to lose fiat (but easy to lose coins). This of course will no longer be the case once bitcoin finally fails.

I want to straighten it out, trading is not a gamble. Well, if you are just guessing in trading it can be said as gambling.
But here trading requires the expertise of the analyst so you do not lose.
Only a few people who think commerce is gambling because of the lack of science in trade, they just do their luck.

poker is a gambling games and it's using money to attract people to play. but trading is not a gambling as long as we know how to trade. and if we only know how to buy at lower price and sell at high price, then I don't think that this is including in gambling because we still use the basic strategy of trading. and if we can stick with this then trading is not a gambling.

But anyway if seen from the basic of the effort, it's really not a gamble, it's more dependent on the expertise in analyzing the prices over time as well as choosing the right coins to be used as a trading effort. This is not a game such as in a gambling, which's only dependent on lucky (not strategy), and I think the luckies in trading depends on expertise on the price analys, it's different with a gambling that's just dependent on the game which's really randomly and testing our luckies.

Trading looks like a gamble when you are in a hurry and want to quickly make alot money in short time and without proper analysis. So when you lose, then you judge that trading is gambling.

There is no simple task here in life, you need to exert more effort if you want to become successful, there is no tree full of fruit of money that we will just pick up of course everything we are doing needs time and patience as well as gamble since we don't assure what will happen.