[samhw]

The worrying thing (for me) isn’t which one it is. The worrying thing is that so many people seem incapable of even making a creditable attempt at answering that question and analysing its fundamentals. This has opened my eyes to how many people only think through the prism of “well, this has got really popular lately, and the internet did that too, so this will be the next big thing even if I don’t know why!”. Survivorship bias is very very real.

[SZJX]

Or I guess many people are not dumb at all, they just simply want in and profit as long as the hype is still going and they (hope that they) are not left as the last people holding the bag. They might find all sorts of excuses to try to convince the others, even to some extent themselves, when they’re just fundamentally doing the above.