There is no connection between trading and gambling, unless you are a gambler yourself. Otherwise, then any trade could be considered gambling, which in particular applies to the stock market and trading in apples at the bazaar. And if you use risk management in trading, then trading will never become a casino for you.
Trading is very similar to gambling - especially when we are talking about bitcoin and considering the difference between investing and trading. If you trade with bitcoin, you are likely to be engaging in a form of gambling, especially if your goal is to accumulate more bitcoin, then if you are selling in order to accumulate more bitcoin, you are doing the opposite of what you should be doing and you are taking a chance the BTC price is going to go down rather than up. it is not a good idea to trade (or gamble) with bitcoin. it is much better to invest, which means ongoingly buying bitcoin and not selling it until you reach over accumulation status, perhaps 4-10 years or longer into the future.
The difference between gambling and trading is as follows:
- If you trade without a trading strategy, it's a gambling.
- If you exceed the risks, then this is a gambling.
- If you're trading on emotions, then this is a gambling.
- If you don't stick to risk management, then this is a gambling.
- The lack of skills is the gambling.
As for selling more expensive and buying back cheaper, I did it in 2017-2018, which allowed me to increase the number of bitcoins in my wallet by 3 times.
I do not rule out a DCA strategy, since in fact the BTC I received and did not spend as part of thesignature campaign are the very DCA, but at the same time, unlike you, I do not deny the existence of trading.
