People in invest in crypto because the gains have been ridiculously good. However some people have lost their money because of bad security or scams. You can mentally it like, you invest $1000, plan to exist when the value hits 10x and have 5% probability of losing it all, you can calculate the expected value and decide if the risk is for you.
Better analogy would be "it is not worth living because you might die"
Better analogy would be "it is not worth living because you might die"