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I mined 200 BTC in 2010-2011. Did not hodl until today. rarely anybody does unless they forgot about them and remembered a few years later that had them.

Rarely anybody means some & besides that there are people who have been succesful with putting money into a new coin that went up a lot of %. My point is that I agree with you that money flows to the top, which makes total sense, but that new people , who don't suck as human beings, reach that top.