It's hilarious how you kind of put it 😆, especially the last line there. I never saw it that way, anyway. The gambling part (though not gambling as used here) comes with everything business in life. One moves in with one's conviction that the business/investment one is putting one's money on would come up well but in most cases it doesn't. I did a lot of flipping with Shib. Bought and sold, then repeated and rinsed a couple of times. I even staked to earn a particular time, repeated that too. At the moment I hodl not a single Shib. Though I'm waiting for price to drop further and see if I could get in again at discount.
There is huge difference between making business decisions based on solid premises (such as opening a vegetable store in a new neighborhood with no competition, estimated population X, estimated demand Y, and costs Z) versus investing in a token with what they perceive as a "funny name" and a peak valuation of $40 billion. People were literally buying shares in "funny name" at $40B valuation. How else could you call it if not a gambling? I have 2 other names - hot potato or a game or greater fool game.
and trading on something that is doomed to decline by 99% is not wise either. Even if you sometimes succeed, the statistics are against you. In my opinion, trading shib is also not moral because it gives liquidity and capital to people who are destroying the industry.
