No i think most crypto people are gambling addicts. There is confusion in the difference between investor and gambler. Most in crypto probably never had an investment. They want to come in and get rich and see crazy daily gains. It's a word for that. It's called being an idiot. Has nothing to do with making smart investment choices.
if i say to a person on hive. Here's what we're going to do. We're going to create a perfect bitcoin. We're next going to create the oil of the 21st century in data, interoperability and connectivity. Something that can scale. Something with a wallet easier than paypal or cash app.
Something more deflationary than bitcoin which isn't a theory or even arguable anymore as to why bitcoin has the value and network effect it has. if i say all this to people in crypto and show them it exist all they need to do is reach out and try it. Try a multichain token that you can move to every major blockchain and won't have any network congestion issues.
The first question they will ask me is what are the monthly gains, lol. Are they 600% a month or something just so unrealistic and unsustainable they'd have to be gamblers or morons to even believe they can get rich from it.
They have no concept of projects people will need as we enter a robotics revolution. They are this stupid people on hive. Never going to break into the top 100 of coins because they are retarded. They don't know anything about anything but to try to get rich as fast as possible. how is that working for them? if they were getting rich like that. You'd never hear from these people like ever. That's not normal we hear from them daily because they full of shit.
So they aren't very smart people in short. Has nothing to do with expectations. The expectations are products of their ignorance. That's pretty much the situation.
RE: The fallacy of fast gains in crypto