LogFAQs > #953917218

MabusIncarnate posted...

Yeah, people keep saying this, yet it's gone from $0.001 to 55 cents in months. Ton of people made a hundred thousand dollars at this point. But yeah, meme etc. Worthless.

I don't think you understand what I meant by that. This is the exact stupid shit people were saying in 2018 right before the crash with everything. And then again with tons of meme stocks in February.

Not only is what you said not proof of anything, just because it's a meme, doesn't mean it's worthless, nor did I say there isn't room for some money. It's massively overpriced though and it's obvious why. This is exactly how bubbles work. People who joined a couple of months ago are not gonna see or understand that.

And "people have made thousands" goes directly against your advice, because unless you've sold, you've made nothing. The people actually making money are the people on the top that keep getting more and more idiots to bankroll them. It's zero sum and to think most of the money isnt gonna end up in their pocket is exactly why this works every fucking time.

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"It lies between the pit of man's fears and the summit of his knowledge"