“Formal education makes a living, but self-education makes a fortune,” Rohn explained.
We have now learned that Coinbase is making good these losses to amateur Ethereum traders. This is foolish, introduces Moral Hazard into the game, and invites greater and greater speculative activity. It will not end well.
In general you are better off holding Ethereum than going through the mad, greedy, FOMO process of buying ICOs.