Fear of losing money because of gambling, then it would be better for you to avoid gambling. But, if you “Don't FEAR” losing money then wasting money is something that becomes commonplace if you have a personality that doesn't care what you spend your money on. After all, the basis for starting betting is also basically the courage to lose money, because if you do not dare to lose money then when you lose then you will be very disappointed and angry, of course. So yes, if you are afraid then please avoid gambling, but if you are curious and want to try your luck, then you can start gambling even if only with a low nominal.
We have been haunted by fears all our lives and we need to learn how to overcome them. Fears exist in order to warn us against threats that are related to life or, in our case, to the loss of money. And when a person experiences such fear, they become more careful when making decisions.
I don't think fear in gambling make us to be careful when making decision, instead it leads to mistakes and eventual loss of money. Fear have similar effect like greed and it should always be avoided in gambling. The main source of fear in gambling is gambling with funds that should not be put into gambling, that is, gambling above our financial level. When you want to bet with money you cannot afford to lose, you will be overwhelmed with fear and selecting the game to bet will become a problem and you will end up selecting the ones that will actually fail. To avoid this situation, we should only gamble with that part of our money that we can lose and not be damaged emotionally.