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Lesson 6.1
Lesson 6.2
Debunking the myth: Cryptocurrency Is Gambling
2 minutes
Watch the instructional video before starting the quizDescription
In this lesson, we tackle the common misconception equating cryptocurrency investment with gambling. We clarify the difference between the two, explaining that gambling is a game of chance with outcomes based entirely on luck, whereas investing in cryptocurrency is a strategic decision that involves research, analysis, and understanding of market trends. The lesson breaks down the skills and knowledge required to invest in cryptocurrencies and compares it to the process of investing in a startup, emphasizing the importance of technology, use cases, token economics, and the development team.