Moon

in trading •  7 years ago 

This is something that I've seen countless times, but still makes me giggle.

Security XYZ spikes up on hype/hoax/'fundamentals'/next big thing, you name it.
Like DGLY in mid 2014:
dgly.png

Thanks to available resources like Stocktwits or CNBC you can gauge the sentiment and to no ones surprise it is always:
bullish.png

Arguing with these people makes no sense and is very similar to every internet political discussion ever:
32308838_1780916031972524_805949732626104320_n.jpg

And then it crashes, dreams are shattered, accounts margin called, people lose money or become bag holders for life. And then it happens again, but this time with new 'great idea' and new cult like followers. And then they go broke. And it happens again. And again. And this is ultimately the faith of 99% of cryptos out there. But just try saying that out loud...

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