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> crypto companies and influencers explicitly encouraged This wasn't Jim Cramer or some vetted CNBC talking head talking P/E ratios or future earnings potentia
by caeril 4y ago
> crypto companies and influencers explicitly encouraged
This wasn't Jim Cramer or some vetted CNBC talking head talking P/E ratios or future earnings potential.
These are carefully-engineered social media accounts with follower counts blown up by obvious market-engineering campaigns.
Again, to OP's point, if you're putting your life savings into speculative investment X, from the word of a rando instagram "influencer", you get what you deserve. Anybody in 2022 who doesn't understand that most social media presences are carefully curated, engineered, and biased, is a fool.
Live or die by the word of the shoeshine boy, it's a tale as old as time. We all learned of 1637 and 1929 in high school history. If you didn't pay attention, that's on you.