I love his response to the questions of others, namely to help them clarify their own parameters and to help them realize that they may need to understand the essentials before deciding how much to risk in terms of resources.
“Unfortunately, I disappointed them, and asked them a lot of questions that made them think about why they were investing / trading, how much time they had to dedicate to their endeavor, and what their risk tolerance was. The coup-de-grâce, which served as inspiration for this essay, was when I inquired if any of them had read the Bitcoin whitepaper.”