> I don't understand crypto (didn't understand derivatives either). I have worried that my ignorance will cost me in investing — that people smarter than me are

> I don't understand crypto (didn't understand derivatives either). I have worried that my ignorance will cost me in investing — that people smarter than me are going to make bank while I'm derp-derping with my index funds. Crypto requires a constant influx of new investment to continue making that number go up. The FOMO narrative gets pushed hard for this reason. As long as regular investors are convinced they have to invest in crypto or else they'll miss out, the money continues to flow into crypto. The problem with these collapses is that it breaks the narrative and makes people wake up to the reality of the game. That's one of the reasons the crypto industry is moving hard and fast to distance themselves from FTX and SBF.