⚠️ Defiance $UKW (-0.75%)
Sect: Majority of GetQuin users deny climate change ⚠️
This one is for the newbies here (in the financial world, on GetQuin and on the Internet)
What the heck has been going on this week?
GetQuin users start buying $UKW (-0.75%) and motivate other users to do the same. Is there a new $GME (-1.47%) underway, launched from a small Gallic village called GetQuin? Probably not. It's just a few users with a large reach buying shares in a small way $UKW (-0.75%) shares, but advertise this massively (without investment advice, of course). The only one who holds up the flag of reason is @leveragegrinding with his question, where this hype comes from: https://app.getquin.com/activity/mXNWRLmwQY
Let's jump back a few days. A jackass claims Lionel Messi is more polluting than $BTC (-0.16%) and lets the GetQuin community vote on reactions to this post. His perfidious plan? To intentionally mislead users. The frequently used 👍 reaction, which is gladly given without thinking (especially with well-known users from whom one is used to good content), stands for "Climate change is an invention of power-mad scientists". More than half of the users vote 👍down. So is the GetQuin community a collection of climate opponents, even though masses of $UKW shares are being bought? Probably not. But they are either very easily manipulated, don't read correctly but still have an opinion, or want to see the world burn by deliberately voting against their actual opinion.
To be read here https://app.getquin.com/activity/rUiilPZQlT , documented in the screenshots at this post (in case someone wants to change his reaction afterwards 😉).
Continuing with $GOOG (+0.1%) , which is known to win every vote, as by now not only @RoronoaZoro knows. Why? Because it's simply a damn good company. But what happens when you explicitly ask for the worst stock in a poll? Then wins $GOOG (+0.1%) wins, of course, as @RisingAktie has impressively proven (or is at least close to it, voting is still going on, intermediate status documented in the screenshot): https://app.getquin.com/activity/szxUFYFEWc . Again, this shows that often people just click on anything without even reading what it's about. Do you really want to leave the decision about your investments to such people?
And then there was @Abofahd7700 who was simply looking for someone to help him increase his money - of course against a generous commission of 40%. It came, as it had to come, some shitposter recommended (probably not meant quite seriously) All In $BTC (-0.16%) to go. A short time later the GetQuin portfolio of @Abofahd7700 a $BTC (-0.16%) share in @meta or @oliverplass amount of over 98%. Did he actually put everything into Bitcoin, even though his profile description says he is following in the footsteps of Warren Buffet? Possibly. Maybe not. But even if not, I have the impression that some newbies here blindly trust the community with their investment decisions.
You can find the corresponding post here https://app.getquin.com/activity/ZOwJqJQuiN and documented as screenshots in the attachment.
What does that mean for newcomers?
The magic word is DYOR - Do Your Own Research. Feel free to get inspired by the community, that's what GetQuin is for. But don't trust every troll on the internet when it comes to your investments (and not otherwise either). Even if he has a very trustworthy donkey profile picture. Some want to see the world burn (eg. @California_Dreamin ), many have no idea or dangerous half-knowledge and a lot simply do not read correctly, but still share their assessment.
Yes, finances are exhausting and for many just dry. But there you must unfortunately by. Question the "facts", consolidate demonstrably trustworthy sources and educate yourselves financially further (or buy in the emergency simply only $VGWL (-0.2%) - surefire tip from the donkey but no investment advice 😉). That's the only way you'll avoid losing money that you really shouldn't - be it through risky investments or inflation. And as soon as you feel safe and understand what you are doing, you can also sometimes with the community a $UKW (-0.75%) bet with the community or gamble on $BTC (-0.16%) gamble.
