this post was submitted on 10 Jun 2026
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Technology

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[–] itsathursday@lemmy.world 33 points 23 hours ago (3 children)

How do I make money off this?

I want Cassandra levels of fuck you I told you so.

[–] Asafum@lemmy.world 8 points 18 hours ago

I'm going to give it some thought and then I'll tell you what I'm going to do.

DO THE OPPOSITE OF THAT.

My decision is 99.99999% guaranteed to be the wrong one. It always is lol

[–] realitista@lemmus.org 10 points 22 hours ago (2 children)

Short all these stocks of course. SOXS is a 3 times leverage short on semiconductors if you are feeling bold.

[–] eldavi@lemmy.ml 4 points 6 hours ago (1 children)

Short all these stocks of course. SOXS is a 3 times leverage short on semiconductors if you are feeling bold.

comments like this inspire me to become financially literate so that i could understand what was said.

[–] realitista@lemmus.org 1 points 23 minutes ago* (last edited 23 minutes ago)

It just means that when they finallystop buying semiconductors to fuel datacenters they aren't even building and the semiconductor stocks crash, SOXS will go up 3x for every dollar the semiconductors go down. Only problem is that no one can guess when that is, even if many are sure it's coming. It feels like soon but don't make financial decisions based on what some idiot says on the internet.

[–] inari@piefed.zip 15 points 16 hours ago* (last edited 16 hours ago) (3 children)

The market can stay irrational longer than you can stay solvent

[–] admin@lemmy.my-box.dev 3 points 5 hours ago (1 children)

Yeah, I wouldn't take trading advice from a group of people who are desperately hoping a for a certain technology to not exist.

Is AI overhyped and overused? Absolutely. Is its use doing to decrease? Most likely. Will it "collapse"? Don't bet on it. Or, well, do - I suppose. It's your money to lose.

[–] realitista@lemmus.org 1 points 22 minutes ago

As OP of this comment, I fully agree and strongly dissuade anyone from pursuing the ideas I am giving.

[–] Weydemeyer@lemmy.ml 10 points 8 hours ago

Tesla has been clearly overvalued for years. Had you tried to make money off shorting the stock - despite correctly observing this stock has to collapse at some point - you would have lost your shirt.

[–] realitista@lemmus.org 3 points 14 hours ago
[–] DarkCloud@lemmy.world 6 points 22 hours ago (1 children)

These days ChatGPT would respond:

"Money is printed in a mint, or more commonly deposited digitally into your bank account"

Then you'd need eight more clarifying comments before it "understood" what you were saying. This is because it was trained on reddit text.

[–] Ceruleum@lemmy.wtf 1 points 9 hours ago

"I did your mom", Reddit probably.

[–] tanisnikana@lemmy.world 4 points 23 hours ago