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RE: The Psychology of Shitcoins

in LeoFinance4 years ago

"Just how irrational is buying shitcoins:

With the recent jumps in shitcoins, 62 % of all crypto investors expect to get rich off of crypto.
58% of investors with less than 10,000 dollars expect to get rich.
Only 18% don’t think they will get wealthy on just their crypto buying alone.
Just think about that, a market that is propped up by almost 7 in 10 people thinking they are going to get rich quickly by doing it with little work and a small initial investment."

Well this explains everything. Now i get why people in crypto and on hive are so dumb. Now it all makes sense to me. That my project a bitcoin fork with a front end like facebook that can reach billions of people and be worth trillions of dollars because it also incorporates ubi something that everyone cares about now. We can't go anyplace without hearing about it now.

Now it makes so much sense to me. Why these people are morons and thinking they going to get rich off defi and nfts. Like they believe these aren't bubbles and its going to save them and many investing less than 10k as you bring out in the article looking for a hail mary.

Depending on possibility instead of probability. This makes so much sense because the people like this i've seen them around here year after year but guess what? They still aren't rich never have been. They been living off hopium for years now. What a con they accept hook line and sinker.

7 out of 10 are fools and idiots. How interesting and how enlightening. Thanks

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I used to have a boss that every time we didn't have a solid plan in place to get something done would tell us, "Hope is not a strategy."

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