✍️ Is it investing, speculating, or gambling?

Lately, it's been interesting to review my various trades. I definitely don't feel like I'm investing; instead, it all feels like speculation, and more specifically, gambling-like speculation.
🌟 I copied the homework wrong, even copied the name.
Actually, I'm profitable in A-shares overall, mainly because copying homework worked well — I directly copied all the semiconductor + optics stuff.
After making money, I felt like I had achieved enlightenment and could show off.
Then seeing that $SPCX was about to list, I decisively went into aerospace, and then it died🤣.
The funds were not in this at all.
Also, when I realized something was wrong, I should have cut losses and run decisively, but instead I added to the position.
Tsk tsk tsk tsk, I can only say that A-shares are now like U.S. stocks — completely localized pumping, with most going all the way south ⬇️.
So if I bet wrong and copied wrong, but if it could ripple through once, I would probably think I'm a genius.
🌟 Different cost basis, truly different mindset.
Many people are constantly fomo-ing into storage and such, which is understandable because the cost is really low.
For example, I actually bought MU at over 200, swung it all the way, and finally got off at 1000.
Everyone has a different entry price and a different mindset.
With costs of 100 and 1200 both on the ride, it's hard to imagine that the person at 1200 has a better mindset than the one at 100.
Not being able to hold is the main theme. I see all the teachers saying good things, everyone is buying the dip, but I don't know where all that money keeps coming from.
Just saw @momochenming post about $MUU and realized it rose over 500% in 2 months — compared to 2x Hynix, which gained over 900% in 2 months, that's still a bit less 😂.
Many people worry about ETF decay, but they find that decay is much smaller than losing money. If you open a futures contract, you get liquidated; if you buy 2x ETFs, you take off directly.
So in the end, it's still gambling, just seeing which one can earn more.
🌟 You profit from volatility, not the underlying asset.
Actually, for the vast majority of crypto players, they are good at catching "big volatility."
The prerequisite is not having "aversion" to any market.
Whether it's A-shares, U.S. stocks, or whatever, isn't it just trading? We trade crypto air so well, let alone things with some theoretical basis.
It's just about whether your direction is right or wrong, and whether you dare to place your bet.
With volatility like BTC, some group friends max out leverage and can make a few million in a month.
If it's volatility like U.S. stocks, with max leverage, group friends could make tens of millions in a month, provided the direction is right?
So I feel it's pure: flip a coin, use leverage, choose a direction, go where the money is, go where the volatility is big, and just collect money simply.
If that doesn't work, just start a paid group and act like an expert, after all, this is actually simpler.
🌟 Stop loss quickly; all losses come from not stopping loss.
Looked at one account: win rate 95%, account balance -20%😮‍💨, all losses came from holding positions.
All those wins were taking small profits and running, while a big wave is still being held.
Actually, if you strictly stop loss, it's all okay.
Feeling that holding positions is a disease. The thing is, even if it eventually breaks even, I would definitely run, so what's the point?
Just keep copying homework. Actually, the homework is quite simple. Over the weekend, I copied Chen Liwu's speech, and it was really okay — A-shares react slowly.