Bitcoin and other crypto is fraud and illiquid on many exchanges so in reality the decreases in price in the crypto space are much worse than the numbers would indicate since the numbers are convertible to stablecoin and not USD. They are also taking on enormous risk being in the space since there are zero protections and the space is described as “Wild West” by the SEC and to be prepared to (possibly) lose everything so only invest what you can afford to lose. There’s no comparison here to investing in US stocks, which represent ownership interests in tangible companies regulated and traded publicly, with real earnings due to sale of actual value producing goods and services.
crypto bros do not know a whole lot about finance or economics and insiders in crypto and those who run the exchanges know this so they are take advantage of. They compare their returns to bank savings rates, rather than a 10 year return on S&P or US rental properties. They do not understand compounding, time value of money concepts, or US monetary policy. And It is hopeless trying to convince them otherwise, that they are victims of a scam and being tricked because they think they are the opposite - they think, based on price fluctuations since March 2020 or perhaps a few years earlier- that they are sticking it to the big man (eg the boomers, the big Banks, those who can afford homes etc.), when the reality is they’re being ripped off by insiders within their own space, guys like Michael Saylor and Justin, who control a very large proportion of the coin market share.