You're not the person he's talking about. You are here on the forum, reading topics, learning about it. Many investors don't do any research and never join any forum, they just see something going up in value and put their money into it thinking it will continue like that forever. Then they get carried by the wave, start counting their profits with the money still invested in a coin and suddenly they wake up one day and see the chart went back below their entry point. They panic and sell at a loss. A typical story of a sore loser investor that later turns into a hater. He goes around saying how this is a scam and how he lost money. Sad but true!