Sometimes I feel that our whole life is gambling. As for me I trust only Bitcoin, I read about altcoins some years ago, but decided not to invest in it.
Somehow, I agree with you. Our life is full of gambling. Once we make a decision, we don't know what is the result until we do that. But we can prevent the big risk that might impact us. That will be the same thing if we apply it on gambling. As long as we can know how to minimize the risk, which we can limit our money to be used in gambling, we can reduce the risk of losing big money. Related to investing in cryptocurrency, if we can invest in the right coin, and we can accept the fluctuating of bitcoin price, I think that will not be the same as gambling because bitcoin price will have the time to increase. However, after the price increase, the price can decrease.
I agree. I learned for a long time to set limits and minimize risks when I learned to play poker. Then, when I started investing in bitcoin, I had to develop restraint and calm, since I bought it at 3k, and 6k, and 8k, and 9k. And every time the price changed a lot, my emotional state changed too. But I took a long game and decided to check the price of bitcoin once a day in the morning.