This is not a comment on crypto as such, it's more a comment on how markets work. By the time you know what you're buying, it's priced in. When everyone agrees

This is not a comment on crypto as such, it's more a comment on how markets work. By the time you know what you're buying, it's priced in. When everyone agrees that some opportunity is amazing, they also agree the vehicle that provides it (shares, bonds, coins, whatever) has got to be expensive. At least more expensive than when it was just ideas.