Treating altcoins in the manner gambling should be treated is just the only way to not get into some huge loss. We do this by making use of what we can forgo in a sudden dump of the token or coin which is highly anticipated from shitcoins. The short term profit is primari the only attraction from people going into investing in altcoins and which is why I don't express pity anymore than I used to towards people that loses money through some hyped altcoins. They knew what's likely to happen before jumping in, when they could invest in bitcoin and be patient with their holdings.
To be honest I don't feel pity for anyone who complains to me about losing money through Altcoins, some of these folks don't make research before they venture into investing on those shitcoins, they just listen to the hype and disregard the risk, forgetting that moat of these shitcoins are pump and dumps, most of the have the funds to invest on good coin like Bitcoin for instance but they want it so quickly, the want fast money without thinking of the risk factor that's involved in it, that's why I don't pity them when they lose their funds, atleast that's a big lesson so they'll learn.