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Forgot the dump part on the pump/dump scam he got into
He probably didn't know it was getting pumped. That's how the scam works, tricking people.
They all knew. I watched an otherwise brilliant friend of mine lose money this way. They all think they're smarter than each other.
The best marks are the overconfident ones who think they will be able to out scam the scammers. They are the ones who will gladly dump their life savings into shitty ape pngs thinking they will be the one to make it big.
Shit was I stupid for avoiding the whole thing and instead building a portfolio?
Exactly, should've gone with a "greater fool" portfolio.
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