"I'm setting up a Lambo service center on the moon, it's gonna be busy up there!"

I've been hearing this along with many other similar optimistic sentiments out in the crypto space on up days like today, but never when were going sideways. The same people that praise crypto on green days are the ones who bash it on red days. This is especially popular on Twitter and YouTube.

This is very telling about the type of people that are invested in our market. It seems as if the newbies here who bought in during the pump, at the ATH or in the bull trap are for the most part, illiterate in financial and market trends. There is a slight tick upwards and their favorite crypto YouTuber releases a video titled "CRYPTOCURRENCY MARKET TO MOONSHOT TOMORROW?!?" and they think their investment that is 40% of what they paid is going straight to the moon, so without doing any market analysis (which would clearly show a downtrend) they FOMO in trying to buy more of their YouTuber's favorite coins before the price gets to its ATH again, just to have their new investment hammered, bringing them deeper in the red. If they decide to do any market analysis, they tend to look at the 1 hour candles (sometimes less) instead of the 1 day candles, which will give them a false sense of optimism on a day of green only for that to be crushed when the market falls back down.

These people are not seasoned investors, most are just average Joe's trying to get rich quick, that are being easily manipulated into thinking that can be done. It is good to have new investors in the space, and it does take time to learn any market, but it is the responsibility of anyone with knowledge and influence over this market to not spread false "LCB - love. certainty. belief." (cryptohoney) when the market is clearly not in that state to the knowledgeable investor. I'm not saying to spread FUD, but tell the truth, not just what will get you more clicks. Remember that although you state that your video or post is not financial advice, MANY people take it that way, and your words carry a lot of weight.

Well, that's just my opinion on the matter, let me know if you think i'm wrong, or if you agree with what i'm saying. I'm curious with what the community thinks of this problem. Remember, bears and bulls make money, pigs get slaughtered.