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Most got wiped out in 2022 and has not yet recovered financially, and most likely vowed not to touch crypto again.
Every bear market has "wiped out" countless people who bought tops and sold bottoms.
But markets have continued to cycle.
Your position sounds reasonable, but it's not aligned with historical data.
Your three friends perhaps won't buy, but countless others will encounter their first meme coin rally this time.
Countless others will discover what a smart contract is.
And countless others still will experiment with the role of BTC in a fiat debt-spiral.
Most of them will remain in indecision.
It's all a scam, unless they time the market of course.
Until the markets start moving 20%+ in a day.
For weeks.
And when they've had enough punishment, gouging their eyes in disbelief as people make money on trump and frog coins while their timely trades get liquidated, then they'll buy the next top.
And end up like your friends from last cycle.
And we'll still be here in this thread talking shit, debating when the proper time is to buy and sell.
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