There’s a degenerate gambler in every crypto investor. That’s why we do our due diligence and invest in several low cap altcoins which we think have the potential to surge in price and make us big bucks. We grow this moonshot portfolio as much as we can, hoping that we place the right bets on the right coins.

However, no matter how thorough our research is, we cannot foretell the future. Shit sometimes hits the fan. Founders abandon their projects (read: Fantom); bridges get hacked (read: ONE); big exchanges delist crypto (read: Helium), thus casting a negative light on the crypto. We see the value of these altcoins plummet. Some of us bite the bullet and sell them at a loss (and perhaps divert the funds to BTC and ETH). Others may still choose to HODL because it doesn’t seem worth the while to sell anyway.

Have these failed investments sharpened your crypto acumen, is my question? Do you think your losses have refined your thought processes and helped you to make better informed decisions for your next bets on altcoins? (We’re in a crypto casino, we aren’t going anywhere.) Do you reckon that your instincts and logic have been honed through your painful experiences?

originally posted on r/cryptocurrency