Correct.
It's all speculative.
Risky business even with a calculated approach.
My wife's students play with crypto. They're 11 years old. God knows how they got Binance accounts.
She had them doing a collage last week and they were putting up cartoon images of shiba inus.
Ultimately stock picking doesn't have a great track record either. Admittedly I indulge but on a limited basis. You just have to know what you're getting into in terms of risk and expectations - and the truth is most of us don't - it's really not a great long-term investment strategy.