This is exactly how I felt when I was FOMOing in to Steem at $1.60 and again at $0.80. I was somewhat projecting my own knowledge onto the general population and convinced myself that price action couldn't dip much lower than that. Investors wouldn't allow that because of all the massive potential.

The thing about education is, it doesn't matter how much you learn. The general population always stays just as ignorant on average. At least in America, ignorance is practically celebrated and reveled in.