- doesn’t know the difference between ‘relative strength’ and ‘higher beta’
- spent most of their time gambling with shitcoins on Solana or leverage trading
- inflated ego because they caught a few runners early and managed to make good money
- never withdrew profit into the real world
- owns 0 Bitcoin, or any spot for that matter, besides dead shitcoins where the fundamentals are: “the cat pops”
- doesn’t realize they are this cycles version of ‘telegram community members’
- followed influencers that have been here for several cycles which told them to buy popcat 87 times on leverage, as it went -90% lower (twice, this year, lmfao)
- is too ignorant to understand that these people are clueless, still praises them because ‘that person is wealthy and I wanna be like them’ mentality
- genuinely believes they could’ve repeated same behaviors, but in a different year, and results would have been polar opposite — ‘if I were here in 2020, I would’ve caught DOGE and been retired by now’
- proceeded to miss PEPE, WIF, BONK, TRUMP, PENGU, PUMP, AI meta, ZEC, etc., anyways
- same influencer reinforces for that belief bc helping the majority cope is how you attract mass followers — doesn’t realize they’re in an echo bubble of unhealthy validation
- refuses to change, decides to blame ‘regime shifts’ like “crypto failed—look at gold/silver outperforming”
- doesn’t realize the same thing was said in 2023 when uranium outperformed.
- waiting to be saved by the market; have yet to realize they must save themselves.
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> “this cycle sucked”
- crypto trader, 22 years old, joined in 2023
- doesn’t know the difference between ‘relative strength’ and ‘higher beta’
- spent most of their time gambling with shitcoins on Solana or leverage trading
- inflated ego because they caught a few runners early and managed to make good money
- never withdrew profit into the real world
- owns 0 Bitcoin, or any spot for that matter, besides dead shitcoins where the fundamentals are: “the cat pops”
- doesn’t realize they are this cycles version of ‘telegram community members’
- followed influencers that have been here for several cycles which told them to buy popcat 87 times on leverage, as it went -90% lower (twice, this year, lmfao)
- is too ignorant to understand that these people are clueless, still praises them because ‘that person is wealthy and I wanna be like them’ mentality
- genuinely believes they could’ve repeated same behaviors, but in a different year, and results would have been polar opposite — ‘if I were here in 2020, I would’ve caught DOGE and been retired by now’
- proceeded to miss PEPE, WIF, BONK, TRUMP, PENGU, PUMP, AI meta, ZEC, etc., anyways
- same influencer reinforces for that belief bc helping the majority cope is how you attract mass followers — doesn’t realize they’re in an echo bubble of unhealthy validation
- refuses to change, decides to blame ‘regime shifts’ like “crypto failed—look at gold/silver outperforming”
- doesn’t realize the same thing was said in 2023 when uranium outperformed.
- waiting to be saved by the market; have yet to realize they must save themselves.