If you are the kind of investor who will not cut losses, but will cover your position and hold on to it when you are trapped.
Then, in fact, trading in copycats is a little worse than leveraged trading.
Leverage allows you to quickly clear the market, which is painful but also fast.
Unscrupulous copycats make you feel valuable, but in fact they keep drawing pie in the sky to deceive you and keep emptying your wallet until the day when they are removed from the shelves and return to zero.
They are also destined to return to zero, but copycats are more harmful.
Many young brothers have been cut to death by copycats recently, simply because the pie has reached a new high and the copycats have not taken off comprehensively.
On the contrary, those memes that most people think are worthless have taken off. Why do memes take off? The main reason is the age change of new leeks. Now they are all new leeks born in the 2000s.
These people are generally more boastful and more radical. The parents of the post-2000s are generally the parents of the 70s and 80s. Their parents' mortgages may not have been paid off. They have the only right to be more radical to accelerate the redistribution of assets.
Yes, the essence of meme is a game of rapid asset allocation. Concept Bs are too slow, and the post-00s can't wait.
Why is there a premium for kimchi in South Korea? Because island countries are generally more gambling, the class solidification in South Korea is more obvious, and it is more difficult for young people without power to turn over, so this kind of high-speed asset redistribution is needed.
What you want, I will check it out