Pushing gambling into investing. (A single example)

I'm an amateur investor. In the past 5 year's I've probably only made about 300% on my money.

I'm an entrepreneur as my main income and have a small business that's growing at a stable rate, investing (in the sense that we talk about it here at r/investing) is absolutely not my main income at the moment.

With that preface laid out, I'd like to talk about the one "fun" gamble I've learned how to create into an investing strategy.

The way I see it, there are 2 ways to place your money with intention. First you can think about long/short term confidence you have in a investment moving in a certain direction. The second is to place your money on your confidence of speculation of others in the market.

The second example above causes move volatility, risk+reward opportunities. I know this is old news for most experienced guys and gals here so I'll get to the point.

I've seen some deep and silly conversations about cryptocurrency on here, but I feel if we take away the stigma we can see there are strategies to extract wealth from those markets.

1. They are very emotional
2. They are tech driven projects so they lack true deep confidence among the populous
3. They have sustained for the past 5+ years so they're probably not going away.
4. They attempt to represent economic models that are well studied in previous economic lessons or simulations.

With all that stated, I've simply followed the highs and the lows of those communities and I've made out very well... When all is depressed I buy, when things are euphoric, I sell.