you are right about FOMO especially if we get to above 1$ levels. new people thinking they will get rich fast is the worst thing for the space :)
Could be that you are right, i was going with my experience. Because dealing with Bitcoin means you learned about it and made a strong decision to invest. Or you did not learn about it and you make stupid decisions. just few days ago a friend told me about his collogue that invested 10.000$ in BTC, on Quadrig.
i vaguely knew about crypto before joining, but i think i would never invest in it if not here. The hassle i need to go through to buy crypto would probably be the step i would not take. But after trying to cash out to fiat, seeing that it works got me more interested.
Now that you mentioned brave rewards i can't even remember did i made a wallet for that? i probably did as i do have some 9$ of it. maybe i don't have it, as i don't remember making a wallet, so maybe i did and it is gone :D
Absolutely. Greed eats brains. That's what happened in 2017. In 2018, many then became disillusioned. Fittingly, just read by chance :D
And exactly your example shows why I would possibly not directly recommend Hive or the like. Only when someone has made the first steps in the space and has an idea of what is happening here and what is actually behind all these coins and tokens.
In principle, however, I recommend everyone to make at least a small investment. 100 euros or the like. My experience is that people then automatically become more intensively involved with the matter. As long as you limit their focus, they are initially skeptical of the other, but at least deal with Bitcoin properly. Maybe that will change when there are only billionaires playing in the market, but I'm keeping it that way at the moment.
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