I started off writing something different. Something like 2018 was for crypto like 2008 was for half the world. But then it turned into this... The bigger issue is not what happened to those who lost a couple 10k USD, it’s those who went all in with all their money and then some. Those people who had millions of dollars worth of shitcoin in January 2018... Why?
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Them snake eyes... will get ya'. Greed... it's a much more potent addictive that hope or any physical drug. We are all human... we all succumb to temptation sometime. That... and the magic-pill and lottery ticket mentality that we have have. Not cool bro.
To try maintain a clear mind, clear thoughts, unbiased while full on distracted by our emotions of that moment.
I'm starting to think that trading and investing is like an emotional shit-testing on our minds to see we survive not falling on pitfalls and traps. Hmm...
Oh yeah... investing all your nest egg without proper research, analysis, and having without some kind of system or method... just basing it on "blind faith" on a technology is a big, big, BIG NO! NO! Noob mistake.
Ooh I just feel heavy for those people. :(