A lot of people are buying things, and when more people buy something, the number goes up. This is about how many people are buying special money called "crypto" and also a kind of money that can be traded easily called an ETF. The person who wrote this thinks that if even more people start to buy these things, their value will go up too. Read from source...
- The title "More People Buy, Number Go Up" is a fallacy of composition, assuming that what is true for the individual is also true for the group. Just because more people buy something does not mean that the value or demand of that thing will increase.
- The author uses the term "ETF flood gates" without defining it or providing any evidence to support this claim. This is a vague and exaggerated expression that appeals to emotions rather than logic.
- The author claims that the new crypto bull market has begun, but does not provide any data, statistics, or reliable sources to back up this assertion. This is another example of an unsupported and speculative argument.
- The author admits to being skeptical of crypto, yet he still holds onto it, which shows a lack of consistency and coherence in his reasoning. He seems to be influenced by the herd mentality and market trends rather than rational analysis.