I consider chasing losses to be the first step towards ruin because to chase losses every gambler will definitely deposit or use more money, whereas once they start betting the losses will never stop.
This kind of behavior must be thrown away from gamblers if they want to be able to enjoy the true happiness of gambling.
There's no joy in chasing losses; it just reflects our inability to accept defeat and the desire to always come out on top. This approach doesn't involve logical thinking; it's solely based on emotional decisions, and I'd argue it's a flawed strategy unless you have an infinite amount of money.
Once you start chasing losses, your patience begins to wane, and patience is a crucial trait for maintaining discipline and safety in gambling.