Renowned cryptocurrency analyst Willy Woo likened all cryptocurrency trading other than Bitcoin to gambling—unless you’re an insider who knows the game is rigged in your favor.

In an X post, Woo said that without an informational or structural edge, one shouldn’t invest in “crypto.”

“Not that I recommend buying crypto, you need to be an insider to get an edge, it works like a casino, the house will take your money,” they argued.

It’s worth mentioning here that Woo sees BTC and altcoins as very different and rejects lumping them together as “crypto.”

I’m seeing crypto folk falling into the trough of dispair after an abysmal bull market with mainly losers and BTC outperforming their “beta”.

Let me tell…