CyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 14 days agoThe folks on r/Wallstreetbets are going through ithexbear.netimagemessage-square47fedilinkarrow-up1146
arrow-up1146imageThe folks on r/Wallstreetbets are going through ithexbear.netCyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 14 days agomessage-square47fedilink
minus-squarefox [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up55·14 days ago Liquidating crypto they bought or mined when it was cheap to do so, and winning the gamble it would go up Taking debt and investing with the hopes of beating interest rates They don’t have that much and they’re doing leverage plays and getting burned They’re lying and doctoring screenshots They’re working in lucrative jobs in finance or similar and blowing their savings
minus-squareblame [they/them]@hexbear.netlinkfedilinkEnglisharrow-up24·14 days agoi think a lot of it is margin which is extra risky
minus-squareInui [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up17·edit-214 days agoIts definitely this one. Robin hood is still used for its simplicity (the other more ‘serious’ trading apps are pretty garbage) but because they also approve hella margin for everyone.
minus-squarekittin [he/him]@hexbear.netlinkfedilinkEnglisharrow-up10·14 days ago Being born into it and inexplicably assuming that meant they were smart
i think a lot of it is margin which is extra risky
Its definitely this one. Robin hood is still used for its simplicity (the other more ‘serious’ trading apps are pretty garbage) but because they also approve hella margin for everyone.