You are right, it's a gamble. I mean, it's not a real investment. It's like the card tricks on the street. You guess the right card the first time, you bet a little more again, you guessed it again, you think you can win even more, so you bet big... and bam... you lost it all.
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You should never use money you can't afford to lose and be sensible about what you're investing or gambling with.