I've been around the crypto scene since pre 2013 pump. Been around blackcoin pumps, pinkcoin pumps (all the color coin pumps), all the country-coin pumps (remember those?), every shitcoin known to man.
I even knew about ethereum (commented on page 4 or 5 on their announcement thread) and was a huge believer in the project. .....but instead of sending btc to their ICO site on a summer day in 2014, I sent it to nitrogen sports with the intention of making more btc to send to their ICO.
Throughout the years, I've done similar things with various alts: Monero, dark-coin (DASH), Cardano, you name it. I had them with hopes of holding onto them to watch their value grow...but couldn't...and gambled it away with 3AM challenger tennis, random soccer matches, or baseball over/unders (though, when I go on a binge, I actually start off pretty damn well, but get tilted the moment I lose a few times).
I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.
Anyone feel similar?
How do you combat the urge to gamble with your cryptocurrency?
It is your money and whatever you do it is your decision. I have never had a chance of getting into big ICO's like Ethereum.
If I had the opportunity I wouldn't have missed this opportunity. So the choice depends solely on you what you want to do with your money.
It was different times in late 2013/early 2014. While I was certainly a believer in the project, there were MANY people who viewed Ethereum's ICO (which remember, was still a very new thing) as a scam. Many people who knew about it, missed out.