WallStreetBets — the unprofitable indicator for investments

The European fintech-platform Capital.com conducted research during which it became clear that WallStreetBets (WSB) was a bad reference point for investments in 2021. WSB is community of the amateur traders which users urge to buy up actions of various companies. During the research Capital.com which was carried out from January 21 to December 17, 2021, it became clear that ten most mentioned actions the movement WSB brought negative monthly profitability. The average week loss made 1,6%, and monthly 6,7%. Losses increased to 8,2% in the quarter...