I hate that s*** so much 💀

rt lmao

I literally said time and time again I want folks to make money

I just don’t wanna see outsiders see s*** like this and think it’s foolproof because it’s the furthest thing from it

Hope everyone in here gets rich af

Haven’t been on WSB in months. It’s a wasteland now. Overthrown by a bunch of nerds turning it into some political movement. I call it occupywallstreetbets now

They rarely have any actual talks about s*** too anymore & barely have any theories & trend talks etc. Its all about "HOLD FOREVER" or "lets all be re'tards n throw money at this thing just cause".

Theyre trying to clean it up with different modes (like there is a button to push that says "meme-less mode" 💀), but its a mess & now full of hype. I was even ahead on AMC before them from my own basic research n theorizing in feb/march, which tells u theyre not a leader anymore but a follower overall filled with too many hyped up new booties.

I still use them just to see general talk & potential buy ins outside of hype, but i def use other pages n other sites to compare n look into now. If theyre the only or main one hyping something up (like that Nokia s*** i still dont understand), then i know its just a bunch of air.

Sucks too cuz i feel bad for the vets there. All serious talk n goal/market planning gets buried & meme'd on lol.

Time in the market beats timing the market

Buying during crashes and recessions provide the best opportunity to increase returns

You also begin to move funds away from stocks or mutual/index funds as you age towards bonds. That way in any recession you can pull from the bonds and maintain the upside of the portfolio as things bounce back.

Long term investing is the (boomer) way...5-10% of portfolio for short term or truly risky investments

The f*** are you talking about wsb literally chose GameStop because it would be funny to pump a failing company, amc was always gonna pump once Covid restrictions were lifted but the memes and hype have it way overvalued. Also to generalize all crypto as a ponzi is comedy

This what i say itt from time to time too regarding the stock part haha.

GME was the true shot in the dark & actual joke.

AMC was already going up n had plans before it became the next explosion target.

I didnt think amc was going past 20 to 30 tho, but then it became the new talk of the internet.

How the f*** is Ethereum a ponzi scheme bro

I made some straight money off GameStop and a couple hundred off amc back in January lol. I can’t believe how much amc has popped and gme almost back to 300 these Reddit mfs don’t give up

People are MAD

It absolutely is lol but whatever floats your boat (mine will be a nice yacht in a couple decades after my money compounds like crazy)

wsb has been pushing this revolution s*** for a long time what are you on lol

They want people to feel like they are a part of something important

Which has worked great for them to be fair, but they also drown out the negative consequences that could happen if you're a little too excited and playing with your safety net because you want to "own the 1%"

okay not all crypto. didnt think i needed to specify that

agree, 90% of people get burned in meme stocks and the ones that win usually end up losing eventually because they have poor money management and trading habits.

however, if you have good trading and money management habits I feel you are doing yourself a disservice if you don't jump on meme's but be smart about it, especially nowadays when just brute community force can drive a price up.

I think most people aren't realizing that most people are already burned on AMC and BB, being pressured to buy in, doing it at a high, even worse they've yolo their savings on a weekly call.

not saying anything about OP just contributing the discussion the past two pages.

if you gotta know yes I've been in on AMC for a couple months now.

Exactly lmao that was my entire point but ppl in here got all offended. Guess if you’re offended by that then you’re one of the idiots who will likely get f***ed in the long run by the reckless nature of these trades 🤷‍♂️

LMFAOOO

i agree crypto is a ponzi scheme and you shouldnt think of it as an investment.

but the "meme stocks" are actually based on research. people didnt just randomly say everyone go buy xyz stock.

how op sleeps every night knowing he didn't invest

how op looks when he doesn't even have a trading account

how op looks posting on ktt instead of making easy money

how op looks when he's a knicks fan no wonder your down bad

i worked on Wall Street at an IB for the past 2 years lmao

Everything is "technically a ponzi scheme" if u wanna look at it that way as in the earlier youre in the more likely your payout/percentage is bigger than the next man coming in i guess is what he meant or sumn idk 💀

slow day again

Why is everything down today? AMC plus a bunch of other s*** like other hedges n "legit" things 🤔

Everything i looked at is down by like 2 to 5 percent from yesterday 🧐