04-01-2022, 05:43 PM
This sub lack of financial education is extremely concerning
<!-- SC_OFF --><div class="md"><p>There are no words to express the financial ignorance of the average user here. Literally, I want to rant but I can’t even find the words to express myself.</p> <p>There’s no notion of intrinsic value, no concept of risk management, no financial planning, no DD.</p> <p>Hell, most of you can’t even understand basic articles that get posted; I just saw dozens of you ranting about the SEC willingness to list users holdings on CEXs as liabilities, tf else should they be listed as?</p> <p>The quality difference between this sub and any other financial sub, even other smaller crypto ones, is honestly appalling. Ffs, even WSB is better in overall quality.</p> <p>Y’all cry day and night that crypto doesn’t see major adoption, and yet most of you don’t even understand the bare minimum of what you’re even investing to.</p> <p>I bet most of you don’t even research anything financial related out of Reddit. I can’t explain it otherwise.</p> <p>And the fact that there are people here yoloing all their life savings on assets they don’t understand just sends shivers down my spine.</p> <p>Some time ago I felt angry about all the prejudices sorrounding crypto bros. But honestly, after seeing what this sub has to offer, it’s all deserved.</p> <p>Do better.</p> <p>Now downvote me to hell offering no counter argument and proving my point.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mbugu"> /u/Mbugu </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ttud87/this_sub_lack_of_financial_education_is_extremely/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ttud87/this_sub_lack_of_financial_education_is_extremely/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There are no words to express the financial ignorance of the average user here. Literally, I want to rant but I can’t even find the words to express myself.</p> <p>There’s no notion of intrinsic value, no concept of risk management, no financial planning, no DD.</p> <p>Hell, most of you can’t even understand basic articles that get posted; I just saw dozens of you ranting about the SEC willingness to list users holdings on CEXs as liabilities, tf else should they be listed as?</p> <p>The quality difference between this sub and any other financial sub, even other smaller crypto ones, is honestly appalling. Ffs, even WSB is better in overall quality.</p> <p>Y’all cry day and night that crypto doesn’t see major adoption, and yet most of you don’t even understand the bare minimum of what you’re even investing to.</p> <p>I bet most of you don’t even research anything financial related out of Reddit. I can’t explain it otherwise.</p> <p>And the fact that there are people here yoloing all their life savings on assets they don’t understand just sends shivers down my spine.</p> <p>Some time ago I felt angry about all the prejudices sorrounding crypto bros. But honestly, after seeing what this sub has to offer, it’s all deserved.</p> <p>Do better.</p> <p>Now downvote me to hell offering no counter argument and proving my point.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mbugu"> /u/Mbugu </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ttud87/this_sub_lack_of_financial_education_is_extremely/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ttud87/this_sub_lack_of_financial_education_is_extremely/">[comments]</a></span>Kind Regards R