How strong does a character need to be to set aside some amount of money on a weekly gamble?
What needs to happen to make it happen?
Does the great loss solidify our character?
What exactly does it mean to discipline yourself in gambling (in the narrow sense)?
Should we be disciplined in gambling, does it mean that we are better at gambling, or that we put less money at stake with more enjoyment, less fear, adrenaline, etc. ?
Me interested in answering the last question?
Discipline is surely important, in trading, gambling, in crypto, and in almost all worthwhile things in life. In gambling, discipline and control prevents you from spiralling out of control and doubling down on your bets.
We've seen too many times the gambler who panics about losing a bet and makes another bet double the amount in an attempt to regain losses. Stick to your gambling plan!