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I was going to say the same thing. Long holds work exactly like this... Don't look at it for a long time to restrict your temptation to day trade and potentia

I was going to say the same thing. Long holds work exactly like this... Don't look at it for a long time to restrict your temptation to day trade and potentially make a wrong move at the wrong time. Every successful investor I know does this. They put in it, don't look at it for months, if not years, and do a eval-reshuffle of their portfolio every 5-10 years. The more media /r/wallstreetbets gets, the more I'm convinced it's going to implode from within due to money and power.

emteycz 6y ago
Its very different. Speculating on a market vs taking over a sub after being inactive for years to get into the spotlight when it's in the news is not comparable at all.
- leetcrew 6y ago
  agreed, I think in this case reddit made the correct (or "least bad") decision. I just find it amusing that users of a subreddit dedicated to getting rich quick by making wild bets would complain about a mod cashing in on their position. it's sort of like a graffiti artist complaining about someone defacing their work.
  - jayrot 6y ago
    > it's sort of like a graffiti artist complaining about someone defacing their work. "bomb condos not murals"
  - lupire 6y ago
    WSB (read the name) is for gambling, not exploiting or defacing anything, so there's no reason members would condone trashing their home for money.
- deleted 6y ago
  [deleted]
throwaway316943 6y ago
Well that’s one strategy, nothing wrong with it but there are a lot of other ways to generate money from the stock market.