The stock market is the exact same ponzi scheme as crypto. But over there people are celebrated for cashing out other people’s money

It’s a hard pill to swallow but there is no difference in Elon cashing out billions of dollars of Tesla shares early that others put into his stocks than the people who invested into Luna.

I’ll say this one more time for all the people who worship billionaires. Nobody ever became a billionaire except through the exploitation of others.

Whether stocks or crypto the fact will always remain. Those at the top, the creators, the early investors, the biggest bag holders all go in for the same reasons and all hope to exit at the most impactful time to suck up the money from the people who came in late.

That is all. There are scams that happen in both. Due diligence only goes so far for both. Do your own research will never lead you to a perfect solution because unless you invented it you’ll always be giving your money to someone ahead of you in line. Sure you may scoop up some of the loot from others on the way but overall the cashing out of stocks has a pretty tight correlation to how early you are and how well connected you are to the inside in order to know when to dump on everyone below you.

You know…..like a Ponzi scheme.

“Get yours while the getting is good”. That is quite literally the mantra of any investment protocol.

This is also why you always take profits and why the hodl mentality is a fallacy. Anything can go to zero. Anything.