Some people will just never wake up.

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Discussion

I said this earlier. People like Melker, Raul etc should be ashamed. They are going to rek so many young/naive “traders” when they could just say “buy BTC via DCA/transfer to secure wallet & ship to cold cold storage anything you don’t want to spend soon”.

That is just too boring for most. Gamers gotta game.

Unfortunately the “cRyPto inDuStRY” is mostly broke teenagers and twenty-something’s hoping to get lucky and hit big. It’s gambling lite and you can do it from home and call yourself an “investor”.

They are too inexperienced in life to realize wealth is a long game. Unfortunately, some choose to learn these lessons the hard way.

Agree 💯 but Gambling heavy, not lite, I think.

It’s sports betting for people who think they are above sports betting.

It’s bad incentives chasing after quick high time preference gains.

For some, pain is the only lesson that will course correct.