[fakedang]

I dumped my BTC (2011ish early adopter) once my mom began to talk about a Bitcoin investor who played the crypto markets and made so much money at my age. My mom does not know how to format a Word file.

I just hope my parents and relatives aren't secretly stashing away their life long savings in crypto because of all the hullabaloo.

[vishnugupta]

> once my mom began to talk about a Bitcoin investor

There’s an ad running on Indian TV literally of this script..Two moms are talking, while one brags about her son being in USA, buying cars etc the other’s son is seemingly trading crypto on a mobile app. The other mom then retorts “all that is fine, but have you invested in crypto?”.

It’s crazy, they are drumming up FOMO.

If you are curious and know Hindi: https://youtu.be/KKItA9fDCk4

[fakedang]

The video could have been better without the stupid memes and just the ad, which is shocking in itself.

[ngc248]

This .... exactly this, You did a good thing by getting out of it. When a normie on the street starts talking about crypto, it means crypto has jumped the shark and it is a pure bubble driven mainly by people's greed.

[oraphalous]

This isn't any more sound as an investment strategy than a dude is hip because they listened to band X before it was cool.

[minsc__and__boo]

You don't own a stake in band x

https://www.investopedia.com/terms/h/herdinstinct.asp