💥 Exchange VS Casino: What is similar?)
📣 The comparison of the exchange and the casino 💸 arises from the common psychology of gambling and the high risk of quick capital loss.
🚨 If you act on the exchange without analysis, you are just as likely to "throw money" in hopes of winning multiples, just like in a casino. And there is a similarity here; analysis does not always come true, and it depends solely on your luck or when you entered the deal)
In this case, there is no difference for you between betting on "black" and buying a random coin "on the hype".
However, their essence is fundamentally different:
Basis of Decision: On the exchange, success depends on ANALYSIS (technical, fundamental, risk management). In the casino, the result is determined solely by RANDOMNESS.
Platform Advantage: The exchange has no built-in advantage over the participant. The casino has a built-in mathematical advantage (House Edge).
Goal: The exchange is a tool for increasing capital. The casino is a form of entertainment and gambling.
