Now let's take this to a discuss; how correct is this statement? And is there any similar statement like that in your home-country that's popularly used among gamblers to encourage themselves from quiting gambling because they're losing?
Or would you allow your decision to quit gambling to be affected by any popular statement among your fellow gamblers or it's a no no thing for you?
I think we shouldn't let any popular saying affect our decision instead we should make decisions based on how were seeing the condition that we're in. You should quit if you noticed gambling isn't doing you any good as you keep losing instead of winning like others are doing.
If you're winning then you should continue gambling, you quiting earlier can help you to look for how to make money in other things like instead of wasting the money gambling, you can decide to invest the money into cryptocurency and you get profits when the bull market comes.
Many gamblers has the mentality already and that's why they don't stop gambling when they're losing, they believe they can win meanwhile they forget that gambling isn't for everyone and it can't favor everyone as many has to be lose for the few that's winning.