Up until yesterday you could reliably hop on whatever the hivemind was interested and make some money. They even foreshadowed the market drop by mentioning the VXX before the correction.
It'll be interesting to see what happens in the next few days.
Not trying to be snarky, just honestly curious as I have seen very similar comments on wsb.
I've no dog in these fights btw. I don't actively manage my portfolio and have little interest in ever doing so. Though I do enjoy reading about the failures of those who do day trade with millions.
And being the contrarian isn't profitable except in rare scenarios. The dips this week were a minor pullback. Anyone who kept going short while waiting for this would've been insolvent by now.
Would love to see a comparison to hyped cryptos on /biz/