By definition gambling is a way or an act of betting money or something of value either on games or events with the intent of wining more money or something with more value,as we all know gambling is just an act of taking risk because you don't really know the outcome of what you are betting on, in betting sometime you are lucky to win and sometimes you loose
Now looking at how cryptocurrencys works, it is advisable to risk what you can afford to loose because anything could happen at any time with crypto, volatility is a very critical part of crypto and this gives crypto alot of uncertainty,it could be right in your favour and the next minute is against you. So for any one trading or investing in crypto must always have this at the back of their mind.
During investment, the intention of every investor is to make more money of profit from the crypto market,most of the time it's easier to buy crypto or invest in cryptos when their is a fall in price because it's more cheaper to afford by then,but one big problem every investor face in crypto is that know one knows when crypto rises or fall in price all we do is to invest and wait for the prices start rising before we can be in profit.
For the past one year there have been a fall in the general price of crypto, most cryptos has falling in price from their all time high and up till now the price is no way near to there all time, I so much understand that with time that cryptos might even rise in price and surpass their all time high but the question is when, how do you have to wait and what if it does even rise to get to the price at which you bought it.
Well to me this seems like a gambling game because no one is sure of when the price will rise or fall before even making profit, this look like you are just trying to believe that one day the market might go your way but you don't know when, so the whole thing is that if eventually the price rises you could be in profit and you win and if it doesn't you might end up loosing the value of what you invest. So now the question is are we all gamblers when it comes to investing in cryptos.
