What is Diamond hands Reddit?

What does Diamond hands mean Reddit?

The primary goal of someone with diamond hands is to hold a position until they achieve your investment goals. “Diamond hands” is a phrase flying across Reddit’s r/WallStreetBets, the forum that led to the GameStop frenzy early this year.

What are diamond hands?

Commonly depicted in its emoji form (see below), ‘diamond hands’ refers to someone who has a high-risk tolerance for high volatility stocks or assets that they own. They don’t cave under pressure and sell their stocks, essentially.

What are diamond hands WallStreetBets?

Popularised by r/wallstreetbets, diamond hands (or more commonly depicted in emoji-form as ) refers to someone who has high risk tolerance to stomach through the high volatility of the stock/ asset that they own; they don’t cave under pressure.

Is Diamond hands a good thing?

Some say you need to keep holding your investment for the long haul, even if the price has increased and you can sell at a profit, but most just see it as staying strong during downturns. Under the latter definition, if your investment is up big and you want to sell, your diamond hands status is safe.

What is the origin of diamond hands?

The slang diamond hands is thought to have originated on the forum website Reddit in the /r/WallStreetBets subreddit, where the term has been used since at least 2018. The term gained popularity in 2019, when multiple users began to frequently use the term in reference to persistently holding stocks.

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What is Tendies?

Tendies refer in general to any financial gain on the stock market and is used when traders make money from a stock. … The tie between chicken tenders and financial gain comes from a 4CHAN (a popular image-based board) story about adult men who live with their mothers.

What does Yolo mean on Reddit?

WSB refers to Wall Street Bets (r/wallstreetbets), the sub-Reddit that is driving the retail trading frenzy around GameStop, Blackberry, Nokia and other stocks. YOLO is an acronym meaning “You Only Live Once.” Used to acknowledge engaging in reckless behavior or throwing caution to the wind.

What is buy the dip?

“Buying the dip” is another way to say purchasing a stock or an index after it’s fallen in value. As the stock’s price “dips,” it may present an opportunity to pick up shares at a discount and enhance your future gains if and when the stock rebounds to its previous high (or more).

What are apes in stocks?

To put it concisely, apes are social-media traders battling against powerful institutional investors by attempting to push heavily short-sold stocks higher. The term “apes” is a reference to the Planet of the Apes series of films.

Whats paper hands mean?

PAPER HANDS means “someone who sells too early.” In the world of the stock market, someone with “paper hands” exits a position, or folds early because the financial risk is high. In other words, they panic sell. Their hands are described as paper because they fold or break with the slightest pressure.

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What is the meaning of a diamond?

Traditionally seen as a symbol of faithfulness, love, purity, innocence and relationships filled with love, diamonds have been regarded over the centuries as a love-bearing crystal which are ‘dependable in its virtues when received as a gift’ – so it is no surprise that diamonds are used in our engagement rings and …