![]() Wallstreetbets is an eight million strong forum where members can talk about investing in the stock market. ![]() Diamond hands held their stock through the event, while paper hands cashed out early (sometimes, at a loss). Reddit is a social media platform where members can engage in discussion threads about various topics. Over the years, the community keeps also based a distinctive lingo you to. The incident also unearthed the Reddit forum of r/wallstreetbets (WSB), which describes itself as if infamous forum 4chan found a Bloomberg terminal, as well as a litany of new phrases and. Usually, the community enjoys even centered exclusive lingo one to kits it. The greatest from Reddits paying organizations, WallStreetBets (WSB) comes. Most investors, even the bros on the r/WallStreetBets subreddit, understand that investors have to buy, hold, and sell at the time that feels right to them.ĭiamond hands, paper hands, tendies, and other r/WallStreetBets slang entered the public lexicon during early 2021's epic GameStop stock rollercoaster ride. The largest regarding Reddits spending communities, WallStreetBets (WSB). Both labels, however, are often applied semi-ironically. While investors with diamond hands are praised as courageous on r/WallStreetBets, those with paper hands are derided as cowardly. Other times, diamond hands hold a stock because YOLO, and they don't care whether they lose all their money to market swings. Reddit’s WallStreetBets has 3.3 million members and counting and its own language MarketWatch illustration/iStockphoto, WallStreetBets Referenced Symbols GME -2.66 DJIA +0.08 SPX -0.07 Calls. Sometimes, these investors hold a stock because they genuinely believe the stock is undervalued and its price will bounce back. Among the users of Reddit's r/WallStreetBets subreddit, investors who hold a stock through losses are referred to as diamond hands.
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