There are no words to express the financial ignorance of the average user here. Literally, I want to rant but I can’t even find the words to express myself.
There’s no notion of intrinsic value, no concept of risk management, no financial planning, no DD.
Hell, most of you can’t even understand basic articles that get posted; I just saw dozens of you ranting about the SEC willingness to list users holdings on CEXs as liabilities, tf else should they be listed as?
The quality difference between this sub and any other financial sub, even other smaller crypto ones, is honestly appalling. Ffs, even WSB is better in overall quality.
Y’all cry day and night that crypto doesn’t see major adoption, and yet most of you don’t even understand the bare minimum of what you’re even investing to.
I bet most of you don’t even research anything financial related out of Reddit. I can’t explain it otherwise.
And the fact that there are people here yoloing all their life savings on assets they don’t understand just sends shivers down my spine.
Some time ago I felt angry about all the prejudices sorrounding crypto bros. But honestly, after seeing what this sub has to offer, it’s all deserved.
Do better.
Now downvote me to hell offering no counter argument and proving my point.
EDIT: and remove Moons for the love of all that is good
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