Cryptocurrency value investing: Follow the casino, don't become a gambler

Janak9955

Cryptocurrency is essentially like a casino. And the sole purpose of a casino is to ensure that players leave with nothing.

And you? You're one of those players!
To win in cryptocurrency, you have to play along with this casino. Only then can you leave with pockets full of money. Let's delve deeper into it.

When you step into the cryptocurrency casino, the first thing you'll see is Bitcoin. It's the most honest, most legitimate part of the casino, but nobody's interested. Players completely overlook it, swiftly flocking to so-called "meme coins".

Besides Bitcoin, there are other altcoins, DeFi projects, and all sorts of narratives and labels you can find in the cryptocurrency world. But they are just different sections of the same casino! And you're still in it.

Their goal is the same: to drain players' money.

When you're playing with the "meme coins" slot machines on Solana, they'll give you freebies like points, rewards, zero fees, and so on. They want you to keep playing (and lose more money).

But these freebies aren't really free. Neither are the points and rewards. Zero fees are just an illusion created by cryptocurrency DeFi. Paying for your drinks = paying fees using BTC or ETH native chains. In the long run, they are worth investing in.

Most cryptocurrencies are zero-sum games. This means if you make money, it means someone else lost. And the casino is always making money from you.

Why do you think there are so many casinos?

Or put it another way: why are there so many altcoins, meme coins, DeFi protocols, and so on?

Their purposes are all the same. In any case, they will take your money.
So, how do you avoid this situation? You need to play along with the casino and embrace Bitcoin.
When you see new players flocking to altcoins, perhaps you should invest more in Bitcoin.
Sometimes, you might dip your toes into other sections of the casino, buying some altcoins, but you must not linger there for long.

You always come back to Bitcoin, examining the entire cryptocurrency world from there.

Sometimes, a tempting offer (referring to market temptations) may arise, urging you to buy altcoins. But you should politely decline this invitation. Never accept it. If you decide to explore, go alone.
So, how do you play along with the casino?
You walk up to the casino's owner and start talking to him. Most of the time, he's also embracing Bitcoin.

As it turns out, he's building a new section of the casino where you can invest and own some slot machines.

The rest is history. There are still risks, but they're lower and more favorable to you.

For example,
You see the price of Solana skyrocketing. Meme coins in that ecosystem are going crazy. The Solana casino is making players excited.
Players are so excited that they put all their money into it.

As a result, they'll lose a ton of money until they have nothing left!

Well done, Solana. The casino is making a huge profit.

So, what should you do?

You can buy the slot machines on Solana.

In this example, it's RAY or Raydium tokens, where all the Solana meme coins are traded. But you don't buy Solana meme coins! If you do, you're becoming a player.

Again, you need to be the casino owner, not the player, as shown in the image below.

I bought RAY at $1.8. 24 hours later, it skyrocketed by 50%, and soon went above $3.

Instead of gambling on meme coins, invest your money into the casino. If you do your research, you'll make money.

When you're done with the area of the Solana casino, take your profits and invest them in Bitcoin.

That's where they should be, and that's where you should be.
If you find yourself spending too much time in other sections of the casino, that's a problem. Your wallet will be emptied, remember that.

Worse still, you might do something unthinkable!

For example, you might decide to sell your Bitcoin and permanently move to other sections of the cryptocurrency casino. If you do, I have bad news for you: you've become a player.

So, how can you become a value investor in cryptocurrency?
Invest in the casino and its games, but don't play the games.
Look for these opportunities, including in our community, and then bring your profits back to Bitcoin, and stay there all the time.
Only dip into your pocket to invest in the new areas of the casino when you find a good opportunity.

Jatin255

Being a gambler is also very tough.

Shri333

Following the casino means dancing with the dealer.