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by Alupis 1323 days ago
That one is easy... FOMO - Fear Of Missing Out. People see the 10,000%+ returns extreme early adopters obtained and think they need to get in before the good-getting is done. Most of the time they're wrong and just throwing money into dark pits...

"Gamified" trading apps like Robin Hood have made it all too easy to feel much lower risk that it is in reality though.

For the rest, crypto can be part of a diversified investment strategy. Not all crypto is outright scams... but you do need to be able to handle the volatility.