[jhoutromundo]

This article is wrong in so many points that I basically copy and pasted the whole thing.

> Disclaimer - I have invested 1% of my savings into stable cryptocurrencies such as Bitcoin and Ethereum etc.

The question is not how much. The question is when and how. The only thing that is good on this article is the % of the savings. 1% is fairly reasonable.

> Let’s talk about slot games first.

Bad comparison. Those who mix investment and lucky generally have a pretty wrong concept about investment.

> Most of them are designed in such a way that you will win only 49% of the time and the rest 51% of you will lose.

Considering that this is true, it is not a chaotic system like any economic system. Nobody can set a decentralized currency to fail.

> Cryptocurrency returns are a zero-sum game i.e. if 1 person gets a $10 profit, another person has to lose $10.

No, it is not. The monetary base expands with a fixed rate. Also, you are mixing profit and value here. One can easily profit $10, sell an the other one profit $10.

> To win in gambling, you must have a mathematical positive edge over your competitors.

Wrong again. For this to work, both you and the machine need to have infinite money. One lucky person can win you all.

> In my cryptocurrency world, no one really has a positive mathematical edge in cryptocurrency i.e. no one has such information which makes them better than other crypto investors. So, it is impossible to make a profit in long term.

This is so wrong that it is wrong in different levels at the same time. You can be a better investor in crypto. One example was the strategicly investing in currencies that that's inverse proportional due to its differences of philosophies (like BCH and BTC). Another level of wrongness is that crypto can reduce risks of a local currency, due to the fact that no individual institution can control.

> Why do I invest? I believe staying longer for longer period creates a mathematical edge as people in short term either book small profit and leave or accumulate huge loss and wait for price coming back.

This is wrong because you are completely ignoring some basic concepts called innovation, market shift, corporation wrongdoings. You are basically saying that a company can't fail if you wait long enough.

[gogo61]

You don't seems to have basic mathematical understanding. I don't want to argue with you. I would recommend to read it again.

I can prove each point with experiment.