Ok so before you downvote let me explain...I've been part of both communities for years, I'm seeing the transformation in both and it worries me.WSB is fighting hedge funds that are short selling a GME at 120% basically pinning them down and making them go bankrupt by driving the share price up. Kind of a catch22 since shorts don't expire and they have to pay interest on them or buy share to close their positions given that the share price remains high. But investing at this point is activisim or greed depending on your intention, most of the money has already been made.This story got international attention and I see people got jealous trying to do a pump and dump with DOGE and MOON not understanding that doing so will screw the PEOPLE not the hedge funds!Our cause is greater, BTC was created as a response to the 2008 crisis denouncing FIAT and the manipulation of currencies through debt, bonds, money printing etc...We have the opportunity to give back the financial freedom that banks took from us, bank the un banked, make transaction cheaper and much more.The difference with most crypto is that they have opportunity to change the world, but we can't be taken seriously when people try to reproduce pump and dumps and then cash out in FIAT not caring who they leave holding the bag. ( spoiler alert it won't be Melvin capital)It's our responsibility as a community and movement to avoid the mistake that we made in 2017.Invest in projects you believe will work and have value, don't invest out of greed, ask yourself who is this benefiting and does it truly help the world.Cryptos will go up in FIAT value but I believe they will be actually mainstream currency and will make the world a better place. Patience is key, good luck all!
Submitted January 30, 2021 at 11:30PM
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