[3princip]

What a mean and immature article. The "influencer" is stupid (and a psychopath apparently), everyone is stupid, well everyone except the author of the text.

It does read like someone very young wrote it, I guess the author is young enough to know everything.

[paulpauper]

I have observed that mainstream pundits such as on TV and in print give worse advice compared to advice on Reddit, blogs,and other non-mainstream sources. James Cramer, whose only usefulness is he draws huge ratings, has been costing his viewers millions over the past 15 years with terrible stock picks. Wall Street Bets got in early on Gsmestop, Palintir, Tsla, Amc, AMD and others, while the likes of Peter Schiff have been saying to buy gold forever which has lagged stocks.

[dcow]

Totally agree. I came off the reading wondering how young the author is. The essay is quite immature.

[lern_too_spel]

The author is telling you how to make money. There is nothing immature about making money.

There is an interesting tangential public policy issue about how to limit societal damage from people taking advantage of others, but that is not the point of the article.

[dcow]

We're talking about the tone. The author's point is not entirely whacko: "hey plz stop using astrology to make investment decisions, it's stupid". But the tone of "hey look at how stupid Maren and all her 1MM followers are how does this even happen I thought the humans were more sophisticated than this, wow such crypto much stupid" is really kind of unpleasant.

But to your first point: how do you make money on crypto markets? I must have missed this nugget of wisdom in the author's rant.

[grumple]

Do we really have to be respectful of deliberate nonsense? It seems that only serves to validate that nonsense as worthy of serious debate... which it isn’t. This time policing serves only to help spread the ridiculous conspiracy theories, anti-science, and anti-reason.

Taking the high road has repeatedly failed in public discourse.

[dcow]

> ridiculous conspiracy theories, anti-science, and anti-reason

I am more humble than that.

It's not so much that I respect it out of awe or because I think it needs to be validated or is correct. It's that I disagree with such a hyper-rational conviction that there's no possible correlation between astrological events and human behavior (a market is entirely human behavior). Such conviction can be.. dangerous.

I do not believe a market is rational or scientific (they are certainly "efficient" though). I actually find those with a desire to approach such a human phenomenon scientifically to also fall in the anti-science anti-reason bucket, because they do not understand the limits of the scientific method or western rationalism.

When presented with a black-box market:

The scientific method can help you discover a model that answers the question, "how does the market work?".

Science cannot answer the question, "why does the market move?".

[lern_too_spel]

> But to your first point: how do you make money on crypto markets?

The author states this quite clearly. The way to make consistent legal returns off crypto is by selling snake oil to crypto speculators. "She’s leveraged her massive following into several lucrative revenue streams."

[marcodave]

from the About page

college-educated-thirtysomething

well, young is relative :)