This, this, one million times this. The hardest thing to fight for myself and people I have orange pilled is the thought of “trying to find the next bitcoin.” Reading and truly educating seems to correct it.
Discussion
In 2017, if you timed things well, you could actually go from whatever you had in your wallet to $1m by hitting a streak of 10x flips. But you had to get lucky - no better than gambling. We called moonshot shitcoins “10xers” and everyone knew they were garbage. Bitcoin obviously moved too, all the way to 19k at peak in 2017 but it was not a move that made you a lot of money in a short period of time. But greed gets the best of people and the “last trade and I’m out “ is the one that punches you right in the face.
I won’t lie, 2017 was really fun from a gambling perspective.
I occasionally go to our local noob focused meetups and debunking ‘shitcoin X is better than Bitcoin’ narratives is a constant struggle.