The crypto market is not a lottery or a casino, but if you enter it with that mentality it will treat you the same.

Not financial advice.

I have seen many people compare the crypto market to a casino or lottery system. With the lottery it is based on randomness and odds. Similarly, casinos are rigged to let most people lose, hence " the house always wins. "

In crypto there are a variety of factors that determine the flow of the market or the worth of a coin. There is a speculative element that can be compared to gambling but even that isn't the same.

If you're one of those people that gets your advice from YouTubers, influencers, and you generally aren't good at reading patterns or larger sentiment then you'll find yourself in hot water very quickly.

My advice, learn to read patterns. Why is something valuable, or why do people perceive it to be? Are there development teams competing in that area? What is the latest trend that hasn't caught on yet but is being mentioned enough to not be a total coincidence? These are some questions. Read enough and eventually patterns start to reveal themselves. You'll be surprised at how good your own mind is at detecting patterns rather than some influencer trying to take you to the cleaners.