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by potatototoo99
1467 days ago
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What about the AMC ou GME stocks? And if as you seem to imply, crypto is useless, then why isn't everyone shorting it to 0? Obviously you'll concede the stock market is not solely rooted on the underlying assets or dividend, but also on hype and future promise. Same thing for cryptocurrencies, only less utility and more speculation. |
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Because shorting isn‘t free, and as the old saying goes, the market can remain irrational longer than you can remain solvent.