sh!tcoins will NOT make you a Billionaire!

I guess we all heard of those early veterans who had thrown a few hundred dollars in Bitcoin in the period between 2009 and 2012 and ended up being multi-millionaires in a matter of a few years without having to work or do anything.
We envy them, call them "lucky", and wish we were in their shoes...

Well... I personally would rather call them "wise" than "lucky".

Why?

Because they were able to discover the great latent potentials of crypto at an early stage when everybody was dismissing it, looked into the future with an insightful eye, and most importantly put their money where their mouth was. This is why I believe they fully deserved what they gained...
However, what I'm going to share with you today is the total opposite. A bunch of naive users who are completely clueless about crypto and its potentials and ended up making large amounts of money from investing in nothing but shitcoins
I don't know why, but the main media always tends to focus on this kind of investor

For example, a few days ago, I read an article on Cointelegraph about someone who bought $3.400 dollars worth of SHIB Inu token which is now worth well above a billion dollars. Yes, you heard it right. Someone has become a Billionaire from investing in such a dog-themed cryptocurrency. The crazy part is that this anonymous whale has kept purchasing SHIB over the recent months to acquire a share of more than 10% of the entire SHIB market cap

source

After that wallet address was shared on Twitter, many questioned whether SHIB can absorb this crazy amount if it was all dumped on the market. And if that was not crazy enough, this particular wallet has recently begun to distribute its holdings among multiple other wallets in what appears to be an attempt to concealment it

What that means is that there is one person in this world who has at least 10% of a token market cap that is ranked among the top-10 cryptocurrencies. This may pale in comparison to Dogecoin which has single wallet with more than 23% of Doge entire market cap and the top-15 addresses acquire over 45%

source

While it is hard to judge other people's views, I personally don't see any sense in investing in a nonsense coin that can drop to zero at any time, but again, no voice seems to be louder than the voice of greed when it comes to these shitcoins. And what really adds fuel to the fire is the media's tendency to focus on the few winning investors, neglecting to mention the vast majority who lost massive amounts of money on these risky coins. Last but not least, there is the naivety and ignorance of some new users who may look at these SHIB Inu and say:

"Oh, if I throw a few hundred dollars into this super cheap token and the price goes up to one dollar, I'll become a Billionaire!!"

Well...I hate to rain on other people's parade, but the only problem with this dream is that it goes against all the rules of economics and the laws of mathematics.
SHIB Inu has about 550 trillion tokens in circulation, while there are about 40 trillion dollars in the entire world, meaning that for SHIB to reach that $1 level, it would require people to invest about 14 times the amount of money that exists on the planet into this dog-themed crypto...

See how funny this dream is?

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