Not sure if this is long term or not, but this could help someone with gambling losses, im almost certain. I’ve been a bitcoin maximalist since I graduated HS in 2015. Graduation money went to a vacation with the girlfriends family, and bitcoin.
I gambled with bitcoin, easiest online transaction ever, etc.
Fast forward to 3 weeks ago, I just decided to take my bitcoin knowledge even more maximum. Stop selling bitcoin. Stop trading it for gambling entertainment. That started me investing in 2 more stocks as well, creating a nice portfolio of 5 stocks, and 2 cryptos. I dont know if ill be going back to gambling. Ever.
Its super fun to gamble and win, but I’d feel better losing to investing than gambling.