It’s also because everyone thinks they are a retroactive fucking genius.

“If only I knew about this shit in 2010 I would be a trillionaire”

Meanwhile here’s what really happens:

- Pussy out because even $500 a coin seems like I’m throwing away my money.

- Finally grow some balls to buy some

- Forget about it for a while and either lose keys or just leave it dormant

- Your bags increase and you make $10k-$50k and think “this shit is an anomaly. If I don’t sell now I’m going to regret it”

- maybe you shitcoin for a bit

- THEN you wise up and do the right thing.

I know the above would have probably been me. Especially me simping out at a 10x. I could bet my stack that I would have fucked it up if I got in super early.