I think all the bear trolling and attempts at scamming around Bitcoin is super weird. Go to any Precious Metals web forum and you never see bugs talking about TA charts, elliott waves, when to buy, when to sell, trying to call bottoms/tops, blah blah blah.
Interesting observation.
Gold bugs are more at the preserving wealth stage. Coiners largely at the earlier hustling-to-get-wealth stage.
The majority of the bugs I've seen on PM forums are self-admitted millennial age range, which blows a large hole in your statement.
Unless you mean crypto tarders... who are in the hustling-to-go-broke stage.
hmmmm, that's odd, when I was active on the Kitco forum, and later on AgStackers, admittedly 10 years ago, it was a bunch of old farts
I don’t doubt your experience, Torque, but mine, over the years, has been much more in line with jojo’s.
However, I made no mention of age and it’s not what I’m talking about. In trying to be concise I was perhaps unclear. I think bugs, psychologically, are more interested in hanging on to what they’ve got. That stage of user will come to bitcoin, but is not yet predominant. At the moment we have more hustlers, who hope to become wealthy, despite as you say (and I agree) that trading is likely to lead to losses.