One thing that has come up in my groups recently has been the notion of just how many, or how few, cryptoasset investors read the whitepapers associated with their investments.
A Noted Stacker of ETH stated in just such a forum that he believed that 90% of cryptoasset investors failed to perform this most basic aspect of crypto due diligence. I'm not sure I believe that the number is all THAT high, but I'd be willing to bet that 2/3 of the people with coinz don't read the WP.
Where do you think this number lies?
I wouldn't be surprised if that number was closer to 1/4 people. They would blindly invest because some friend or some family member said "THIS IS GOOD, GET IT!" What ends up happening...they get scammed they don't make their 4x, nothing. I try to tell people to do their DD before investing into anything. No one cares or hears me, and those that do? Well a simple thank you would be sufficient.