• @[email protected]
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    11 month ago

    Even as a dumb investor you can extract a lot of money via pump and dump. Just got to get in/out at the right times.

    Spread that out over several portfolios, and you can get rich without ever contributing a single thing to your community!

    • @[email protected]
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      11 month ago

      Yes but in order to do that you have to have another “dumb investor” lined up and convinced that the stock is going to continue to appreciate.

      • @[email protected]
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        11 month ago

        Yep, which is why you’ve got to sell while folks think it’s still pumping time. Then everyone in the know dumps and it’s better luck next time to the bag holders.

        If you aren’t in the know, well, hope you’re lucky.