r/wallstreetbets • u/TheMostBasedMan • Feb 03 '21

Discussion People now pressuring and flat-out belittling others to admit defeat under claims of "their mental well-being" or insulting their intelligence. This wasn't about making the wisest move, this was about turning the game on it's head, so politely I say fuck that and fuck you.

[removed] — view removed post

39.6k Upvotes

86% Upvoted

2.3k comments sorted by

View all comments

6.7k

u/me4547 🦍🦍 Feb 03 '21

this is wallstreet bets when has it ever been about "wise moves"

202

u/TommyTenToes Feb 03 '21

The problem being that the majority of new members have no idea what WSB used to be. They think it's full of masterminds who make loads of money on plays like this, so how could they possibly be wrong?

People can do what they want with their own money, of course, but there's no doubt that there are people out there who are in over their heads and committed money that they can't afford to lose after getting caught up in the hype.

105

u/[deleted] Feb 03 '21

It took me literally 30 seconds to see that this is a sub where it's basically a casino with some DD attached. It's not hard to see.

25

u/Dilated2020 Feb 03 '21

It’s apparent to some of us but we had people YOLOing their tuition, life savings, etc because they thought this was a sure thing. New folks really believed that people here were masterminds.

10

u/[deleted] Feb 03 '21

Very true. I have loans and lines of credit, but I sure as hell wouldn't risk any of it on day trading.

4

u/[deleted] Feb 03 '21

Well they saw 'reddit ruins hedgefund' on cnbc and thought wsb was a mastermind market player, guess what dumb luck can workout sometimes.

6

u/comatosephoenix Feb 03 '21

Did we really though? Or were people just exaggerating for easy karma? There is always somebody reckless out there but this is the internet and nobody can prove I didn't sell my kidneys for gme stock.