Why are altcoins worse than a lottery?
"Disguise":
The lottery is sold as a chance to change your life. Trading altcoins is disguised as an investment where you can "earn" money, which is often just an illusion.
Illusion of control:
In a lottery, you know that the outcome depends on chance. In trading, you think you can control the situation by analyzing charts, reading news, etc. But in reality, control is minimal, especially for beginners.
Psychological traps:
Trading creates more psychological traps (fear, greed, FOMO - fear of missing out), which lead to erroneous decisions.
Expenses: The lottery has a fixed cost. Trading may include commissions, spreads, service fees, which reduce your chances of profit.
Time:
Trading can take a lot of time and energy, distracting from other important matters.
Higher risks:
Losses can be much greater than in a lottery.
Analysis and "predictions": In a lottery, there is nothing to analyze. In trading, they analyze, build charts, use indicators, but this often does not work.
