There is a lot of wisdom in this quote but, it only lacks one thing, true friendship. A true friend will always want the success of his or her friends.
A true friend will want that. But money has a way to corrupt things. A successful experience with crypto could make that bond stronger, but in case of a negative experience such as the loss of a significant sum, that friendship could be put to a serious test. I understand why UserU said what he did.
Besides, those who get into crypto after seeing ads on social media during periods of hype rarely want to research and learn about the subject. They want the same profits that were promised to them in whatever it is that they were watching and if that doesn't happen, they can easily put the blame on those who introduced them to crypto in the first place.
The Fear and Greed index is provided free. You can get it for Bitcoin or Ethereum that are the two largest cryptocurrencies right now.
Follow the index and
follow the smart money.
I have actually never paid any attention to that. I can't call it bollocks because I don't understand if one can make a serious correlation between what the index shows and how the markets are moving. Is there a connection between the two in your opinion?