<...>
Incidentally, those that actually studied the fundamentals and knew what were doing since the early ages, were the ones that got the highest rewards in return. So on the big picture, knowledge pays. Someone that has heard Bitcoin on CNBC and saw how some idiot bought a lambo with it, may want to take a gamble, but chances are they will panic sell at a loss.
Off these people, a small % actually do research, and become long term holders, because that is what you become once you understand the fundamentals.
Bitcoin is essentially a set of rules, open and transparent, while being the opposite of a democracy, while remaining decentralized-inmutable at its core. THAT is what gives it value, everything else added on top is just an extra, that may or not last. Some people never grasp this even after years of being around here.