You mean you invested an Altcoin that is already dead by now?
Not all Altcoins are dying out but some of them are having a hard time getting into the competition including your Altcoin so investing in Altcoin requires luck and also there are very stable Altcoin you can invest while it's not too late.
Bitcoin price is very high but it's not the reason that some Altcoin are murdered. Together with Bitcoin, Bitcoin Cash, Eth, ripple and other top Altcoins' value are also increased.
Investing
never requires luck. Gambling is a game of luck. Investing is a game of careful analysis and risk mitigation.
agree 100% with this, but don't deny that bullish BTC runs and hard forks cause a lot of disruption to alternative currencies.
Of course they do. But short time fluctuations are irrelevant to a savvy investor. They're just part of the ride.
Of course there's still luck involved though..
Roulette is pure gamble. Investing is more like poker, analysis and risk mitigation, but also luck.
You can get lucky and make more money than you expected. But if your losses are any bigger than you accounted for, you're doing it wrong. And most people here don't seem to have any idea how their portfolio will develop over time in different situations... so those are the roulette players.
Also, in poker you will lose if someone is better than you at analyzing risks or gets lucky. With investing, you should
never lose.