Investing (1 Viewer)

[Qeru]

When’s the bubble popping lol.

It looks like it's still going strong, the short squeeze is still going on I think?

 

[vernburn]

Im not that big of an expert on the stock market, but would you say it's a lot more accesible to people who aren't like multi-millionaires?

The way people trade stocks has been altered by the rise of no-fee apps like Robinhood. Apps like this have democratised investing. Small investors far removed from traditional banks/funds, now have free access to sophisticated trading instruments. Also instead of paying an analyst at a big firm or hedge fund a cut of the profit or a fee, you can simply make a reddit account now and get free advice online (as is what happened with AMC and GME).

 

[vernburn]

It looks like it's still going strong, the short squeeze is still going on I think?

Not for long. You would be a fool to invest now

 

[vernburn]

The pop is going to look hilarious.

More like a blood bath

 

[black.mamba]

would you short sell now then

 

[Qeru]

would you short sell now then

Wouldnt that just make it worse?

 

[black.mamba]

Wouldnt that just make it worse?

not rly sure how this works but if you short sell now, you'd make a profit once the bubble bursts?

 

[idkkdi]

would you short sell now then

No one is probably willing to offer a short.

 

[vernburn]

No one is probably willing to offer a short.

Exactly! Way too volatile. It’s best to just stay out and watch from afar.

 

[dighead]

It's tanking now that a few apps temporarily halted buying and only allowed selling. Shorting any stock (let alone GME) is highly risky even for those who know what they're doing. A lot of people tried to short Tesla as well and they got absolutely rekd - even though everyone agrees its highly overvalued, there's a lot of psychos out there who are willing to chuck everything into it to keep pumping it up.

 

[Squar3root]

Why am I so dumb?

feelsbad man

 

[HazzRat]

bitcoin

@Squar3root plz say u invested in bitcoin when u wrote this

 

[HazzRat]

bitcoin is dead.

Yeah it is

bitcoin was good to invest in the 1st year or two. Now its very risky.

eversince the crash in '14 it's fallen in popularity.

Y r these ppl dismissing bitcoin in 2015??? They could have been millionaires if they invested in it dummies

 

[scaryshark09]

bitcoin was always a bad investment as a general rule of thumb

 

[Squar3root]

@Squar3root plz say u invested in bitcoin when u wrote this

Yes lmao I was completely degenerate and put large sums of money into Bitcoin, ethereum Solana and doge

 

[Squar3root]

Y r these ppl dismissing bitcoin in 2015??? They could have been millionaires if they invested in it dummies

It was a different vibe back then

When others are greedy, be fearful

When others are fearful, be greedy

 

[WeiWeiMan]

Yes lmao I was completely degenerate and put large sums of money into Bitcoin, ethereum Solana and doge

yo we go way back

 

[HazzRat]

Yes lmao I was completely degenerate and put large sums of money into Bitcoin, ethereum Solana and doge

Welp u won capitalism

 

[Squar3root]

yo we go way back

Do we my niqqa?