I'm not currently an active gambler, but I do play for some fun. So from this condition I understand that gambling patterns tend to do a lot of confident guessing and rely on luck. So it's very different from investing. People who invest tend to think through the management of technical and fundamental analysis.  They will analyze based on future forecasts and technical history that has similar patterns. This condition does not exist in people who gamble.

What I am talking about is day trading and long term holding, I am not referring to gambling at all. I'm even confused when so many people compare gambling and investing, they are two completely different fields. Like my younger brother, he absolutely hates gambling, he has never gambled online or offline but he is a pretty good forex and cryptocurrency investor.

Comparing bitcoin investment with gambling is like we are undervaluing bitcoin because investing in it will bring great benefits to us, unlike gambling. Furthermore, why don't we compare gambling with investments and stocks, gold and real estate? Why are there hundreds of threads comparing gambling and investing in bitcoin? I really disagree with this and I think these people look down on investing in bitcoin.

I think there is definitely a difference between a gambler and a bitcoin investor and the difference is big. A good bitcoin investor is constantly raking in the money whereas a gambler is wasting his money by gambling if he is too excited to make money. When a gambler invests money on the casino board, if luck does not favor him, he will lose the money completely. On the other hand, if a Bitcoin investor invests and monitors the market, if he sees that the market is going down, he can withdraw and hold the money according to his decision. I will always be on the investor's side, I will never condone gambling. You have to indulge in things where you can expect to get something.

But why do many people still lose money when investing in bitcoin and even lose it all? When you take profit or someone takes profit, it means someone will buy your high priced bitcoin, and when you win, someone must lose. That's how financial markets work and investing in bitcoin is no exception , so I won't agree with you that no one will lose money investing in bitcoin. Whether or not investing in bitcoin is profitable depends on the mindset of each investor, not bitcoin. In my opinion, the line between gambling and investing is knowledge, if you invest without knowledge then you are just gambling.




Basically, risk always exists around us because no one can predict what will happen to us, not only in investing and gambling are there risks. And to be able to control or avoid risk requires knowledge, knowledge is still the line that makes the difference between investing and gambling, IMO.

What you say is very true, investors will of course be able to use the wealth they have on things that can generate profits for them and they will always analyze first before deciding on something because they don't want the money they have to be wasted on things that are not. can be profitable for them and after they analyze it, they choose whether to continue or not.

In gambling, of course, they only hope for luck from the bets they place and we cannot really analyze this well and in gambling, most people experience losses compared to the wins they get, as you said, it is true that it is very difficult to get a good win. continuous from gambling.

Personally, I feel you are absolutely wrong. If you're referring to Altcoins you can say it has to do with luck because one is wagering from one coin to another hoping it will be successful or will yield profit but in Bitcoin you cannot say it is luck, I can give you reasons why you shouldn't put and/or classify Bitcoin investment as luck;

1. Bitcoin has performed for over 15 years plus and it has not failed or dropped upto 98% unlike the shitcoins you know.

2. Bitcoin is not a pump and dump scheme as you may think if it!

3. In Bitcoin you invest with awareness that even if Bitcoin drops it will still perform well in the future.

4. In Bitcoin you take calculated risk, long term investment is the goal not short term.

So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.

I think op meant to say is that investing in the right time might be the one that involves a little bit of luck. Of course as an investor or a trader, you should have already studied and analyzes to the best of your capabilities but maybe there is a little luck involved because at the end of the day, no matter how much you study the market everything is just an assumption and the movement of the market is all unexpected. Of course this doesn't remove the fact that when buying/selling, 90% of the decision came from market analyzation.

Personally, I don't even think that even with the level of volatility of bitcoin that is has to do with luck when trying to time the market. One thing you must remember is that bitcoin has partners, it have lasted over 15 to 16 years, so from the past history one can find the right time to invest using historical patterns. So this issue of luck is not for bitcoin.