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RE: Trader's tell you "Don't FOMO" for a reason!
Brilliant post! Absolutely agree with your points.
As FT quoted Vitalik Buterin talking about everybody's attitude in the current Crypto climate: "Lambo[rghini], vrromm, buybuybuy now!”. I guess it says it all!
Best Wishes
@Shenobie
While the excitement to find the "next Bitcoin" will always be there and is what brings new money to the space, I truly believe that we need to self regulate better and offer as much help as we can to newcomers on TA and FA in hopes they do not continue down the same paths we did. The problem truly is that people came here for instant money, and several made out well, they spent it terribly thinking we would never come down, and now they are in a bad financial spot because of their poor money management. Sadly the only ones benefiting is old money, which also happens to be what we wanted to get away from and create a better future for ourselves.
I could not agree more!