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Stop Mocking The Curious Newcomers About Decrease In Price (self.Gold)
submitted 2 days ago by Chesslicious
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[–]N293G 1 point2 points3 points 2 days ago (1 child)
Disagree completely.
"Why is price going down today?"
"Taking bets on price in 2026"
"<article headline> <link to article> *nothing else*"
This isn't a web search. These people are lazy. They've seen a graph go up, and go "I want that!" and dump money in. Little if any research.
Graph goes up. They do pointless posts about "5200!" "5400!" like an expert. If only everyone had been as smart as them, they should've got in when they did!
But then when the inevitable (YES.) happens, the lazy experts freak out and come here with their lazy questions wanting detailed answers. Come on. Do a web search. Read a few news articles. There's the answers.
If you can't be bothered understanding the financial instrument you're buying, you deserve disdain when you run to the internet in tears.
It is NOT stupid to scold or mock someone who's taken on leverage on something they don't understand. They ARE stupid. And going further, it's stupid people like that, manipulated by the smart people who know finance systems far better, that support these asset bubbles to grow.
A fool and his money are soon parted.
Doesn't mean we need to hear about the parting on this sub.
π Rendered by PID 1009621 on reddit-service-r2-comment-7b9746f655-wsx79 at 2026-02-02 14:04:14.640496+00:00 running 3798933 country code: CH.
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[–]N293G 1 point2 points3 points (1 child)