@peter_adderton@SpaceX This is what large investors want. Retail gambling on nothing but hype. They get in early, go on X and talk up a storm on how well stock will do. Retail buys into it inflating the stock price, they sell. Rinse and repeat.
@WealthCoachMak That’s what I’ve been saying. I get that if you hold indefinitely maybe you can make some money. But the ipo wasn’t $2. You’d have to throw so much capital into it to see a meaningful return after taxes. Retail is just hypering this like it’s buying Amazon at the beginning
@FiSurgi Retail is exit liquidity. Investors, employees, and early insiders are making bank. Retail might make pennies compared to them. This market is all hype and fomo.
@Polymarket This is so they can announce millions of users to keep the AI hype going. Remember they also were launching satellites into space to provide internet for poor countries and handing out phones to inflate facebook usage. All these AI companies need to get AI into retail users hands
@Kalshi Cant you say this every year? Its buying season? The last 6 months were winter, it always picks up this time of year. It can be down 20% yoy and you can still say this basic information.
@whitey_xyz Its always interesting how quick people view what others should do when they make it in life. I guarantee he has everything hes claiming Americans dont want anymore. What he fails to see is Americans want a house and stability, but its out of reach and becoming normalized
@cryptofergani Its a gambling asset, why would you put money into something that can drop so much in a week. The use case is gone, you still have to sell it for money to use it in most cases. How are you hedging against inflation when it drops 20% in a week and you sell it for cash anyways
@PatsKam Most people dont have the mental fortitude to do that. Why do you think GLP's are so prominent, it makes you not eat as much. Personally I just eat meat and fruit and eat at a 500 cal deficit.
This is how most new age hype investments work. They buy in early, then they come on X and brag they have secret knowledge and you'll be so rich. But in reality they need to find people to pump it up so they can sell. You're the exit liquidity.