paperhands

Twitter 2015-01 business active

#paperhands

Selling investments during volatility due to fear (opposite of diamond hands). Originated in WSB culture, spread to crypto. Paper hands sell bottoms, miss recoveries. Examples: selling GME at $100 (went to $400), selling BTC at $30K 2021 (went to $69K). Psychological: loss aversion, panic, weak conviction. Diamond hands mock paper hands relentlessly. Nuance: taking profits ≠ paper hands.

Sources: Market data, cryptocurrency tracking sites, financial news

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