Billy Markus doesn't think very highly of people who invest in cryptocurrencies.
The Terra stable coin lost 97 percent of its value in a single day last week, and it appears that large swaths of investors are in the same boat.
I would guess by reading what people say, that at least 70 percent have no idea how it works.
He suggested that investors do their own research, and that hype videos are not research.
He said to have a plan.
It's pretty good advice. Dogecoin investors got rich only after Musk plugged their joke coin via meme, so it seems hypocritical.
Musk explains why he is pro doge.
There are more on the Terra stable coin crash.
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