Sometimes I just wonder how people invest in things they know so little about or don't know anything at all because to me is just a gamble of whether they win or lose. Even though knowledge about assets you want to invest in does not guarantee you success in the nearest future but it assures you to some certain level.
The future of any investment can not be determined by the present success or present failures. The perfect example is terra which was doing so fine at a certain point, people were talking about how amazing this project was but things quickly. It later crashed within days, and billions of dollars disappear into the air just like that. I know nobody saw it coming and before terra crashed if anybody in crypto was asked about a good yield we will all have mentioned it.
Knowledge about a project sometimes does not guarantee success but this doesn't mean that investing is a gamble. The sad truth about life is that nothing is certain and anything can happen. Is just like imagining how people's lives change in the blink of an eye whether for good or bad.
Uncertainty of life is one of those things that makes life unique because whether you are investing based on knowledge, based on emotions or just to gamble the fact remains that any of this investment is not completely wrong or completely right because those that make millions on meme coin will argue with you. The end product of our investment is what matters.
Calculate it.
Any investment involves risk which is something we have to consider all the time. We must be able to measure our risk in a way that suits our pocket and will not affect us in the long run whether it works out or not we should learn to calculate our risk based on the excepted outcome. The amount of money you will invest in bitcoin should be different from the amount of money you should invest in shitcoin. Our risk on each investment should be based on the pocket. You can risk, gamble, and make decisions based on emotions but the most important thing is not to be stupid.