Why this meme is going viral and why 70 percent of private investors don't make money on the stock market

Why this meme is going viral and why 70 percent of private investors don't make money on the stock market

Herd mentality and its consequences

A vivid example is the 2021 GameStop hype on Reddit (there is a documentary about it on Netflix). Millions of investors bought shares at prices around $400—primarily because everyone else was doing it. Today, the price stands at around $25. A classic case of herd mentality.

Quelle

Hive smartinvesting Community

submitted by /u/No_Analysis4572 to r/btc
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Quelle: bitcoin-en