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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock. (www.theverge.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[–] Moneo@lemmy.world 2 points 9 months ago (1 children)

In my opinion you are describing gambling not investing.

[–] stoly@lemmy.world 1 points 9 months ago (1 children)

So people shouldn't get into low-stakes investment for some reason? Do you think that most poeple in the US have the money to do higher-level investment?

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 9 months ago

Low risk, not low stakes. Choose index trackers, not individual stocks.