This is one of the reasons I used to worry about shitcoins. I think many have entered into the space and then tar bitcoin with the same brush once they get rekt. This then leaves a sour taste in their mouth and are twice as reluctant to get into the real btc when they have a chance. Still I guess everyone eventually buys bitcoin at the price they deserve. In this case, those that got burnt will probably be the laggards (last 10% of people) that finally enter the space and end up paying the highest prices possible for their poor decision making.
You know, I am always blown away by the hoops some newbies jump through just to buy some of these shit coins... I mean, registering on scammy websites, sending crypto to shady addresses, buying a token to swap for another token to be able to send it to an address posted on Twitter, ect...
Meanwhile the ability to buy Bitcoin is so readily available and easy. Just about every mainstream app has it available. Not to mention you can buy it from a BTC ATM everywhere. The fucking grocery store I go to has one.
I guess many are driven by greed and thinking Bitcoin might be good but (insert shitcoin here) is better and will make me rich next month.