I can say that those who have succeeded have been lucky. Just as in a gambling den, there can be profit or loss in shit coins. Some investors can dream big by investing in those gambling tokens in a short time, but in reality it is completely baseless. In the long run, shitcoins are just trash in the wallet. if Bitcoin is invested as a reliable investment medium not for luck-based investment, then an investor can own a permanent asset in the long run even if he does not get anything in the short term. Personally, I also did not understand shit coins well at the beginning of my investment. I lost my investment due to greed. But when I gained a good knowledge about the market and bitcoin, it started to seem that only Bitcoin is permanent asset in the long run and it is a great asset for people, so I have been holding Bitcoin as much as I can.
It cannot be denied that Bitcoin is the most promising crypto asset and until now there is no other crypto asset that can compete with it. So if you want to look for an investment path that has less risk, but has quite promising potential in the future, then Bitcoin is the answer. But of course not everyone is aware of this potential, even those who do know are quite a few who ignore this potential and prefer to buy shitcoins. But don't be surprised, because that is the nature of humans who cannot control their emotions well.
The reason is, people who cannot control their emotions tend to prefer to ignore assets that have great potential such as bitcoin just because they are lazy to wait, but choose shitcoins on the pretext that they can multiply their money quickly.No, I don't think it's about emotions, because Bitcoin investors have no business being emotional about their holdings, that is for traders, I think it's more of Lack of knowledge or being greedy.
* Lack of knowledge: these are newbies investors that don't has the right knowledge, they don't know that investing in shit coin is suicidal, sometimes they are just misinformed.
As for the greedy ones: those are the ones that knows all that it entails about Bitcoin and shit coin, but they still went ahead to invest in shit coin due to greedy of 10x to 20x, so it's not about emotions that makes investor to invest in shit coin, it's more of greed or lack of knowledge and sometimes inpatient as you have rightfully claimed already.
It seems you forgot one thing, greed is part of negative emotions. Apart from that, the point I convey also leads to greed, because if you look closely at the words you have printed in bold. I say bitcoin investors sometimes can't wait and prefer to invest in shitcoins. If this is interpreted in detail, greed is what makes people impatient to wait a long time when investing in bitcoin. That's why people choose to invest in shitcoins, because people think that shitcoins can double their money quickly. So if you say that emotions have nothing to do with this, I think that assumption could be said to be inaccurate. Because I think emotions play an important role in any decision in our life, including when we invest in an asset. But I also agree with your assumption, that lack of knowledge is also one aspect of why someone buys shitcoins. But in my opinion, someone who is lost and chooses to buy shitcoin is mostly because of his emotions. Because with uncontrolled emotions, people who already have experience and knowledge about investing in crypto can fall into the abyss of loss.