Every time there is a Bull knocking, people try to get other people to believe too much into something - too bad people still fall of for it. It's inevitable to see everybody being cautious in such times..
If we’re talking about a bull market, there’s nothing wrong with that. But when that bull market is used to push Ponzi scams, that’s where it becomes a problem. These scammers take advantage of hype during bull runs to promote their scams because they know people are excited to invest. And sadly, it’s usually the newbies who FOMO in and end up on the wrong side.