I was reading an article the other day talking about the Forex markets and trade and all that shit...and I was surprised because being in crypto now I could see right through their bullshit and realize they were basically just losing their shit. Like when crypto crashes and we all run around like chickens with their heads cut off trying to figure out why. But, as you said, we've been talking about this for a while, so I didn't need to explain it away because of one thing. I saw the writing on the wall.
I still feel like I need to study economics and understand all this more...but reading articles every day about all this stuff has given me a grasp I didn't realize.
As to Bitcoin and investing...I am hesitant to give advice to people I don't know.
I told my dad to buy Bitcoin rather than a car when it was near the previous bottom. He didn't need another car. He already has one. He just has an obsession with them. With the price of the used car and how much he paid for repairs he could have bought two bitcoins. But lets say he bought 1. Then he sold it for $10k. Now he'd have $10k, rather than another shitty car, and he could pay for the car twice over. He actually could have paid for 4 of them at the price he paid, he'd just also have to do repairs, so that's more.
I don't wanna suggest that people buy bitcoin in large amounts...but if they're gonna buy something they don't need, maybe they should just consider not doing that, and maybe buying a crypto of their choice, after research. If they wanna buy more than that, that's fully up to them. But, even just spending some money they were gonna pretty much throw away on a few bitcoin, or other crypto, if that's what they're into, that's not a bad idea.
I wish I had bought bitcoin when it was still new and I REALLY wanted to get some. But I listened to dumbasses who said it was just a waste of money. I'd be a millionaire now. Just from buying a few Bitcoin for a few bucks I instead spent on stuff I don't even remember buying.