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.
What does the diamond hands mean?
Diamond Hands Defined
When you have “diamond hands” it means that you hold onto an investment no matter what. You don’t sell it regardless of volatility, losses or gains. Someone with diamond hands resists panicking when prices dip, but he or she also doesn’t get greedy when prices rise.
What is Diamond hands Robinhood?
DIAMOND HANDS means “someone who holds stocks adamantly.” Within the world of trading on the stock market and in cryptocurrency, DIAMOND HANDS is used to refer to investors who hold their position and refuse to sell.
What is Diamond strong hands?
Here, “strong hands” (also known as “diamond hands”) refers to the intention to keep holding on long positions even in the face of falling markets or bearish sentiment. In either case, strong hands may be contrasted with weak hands.
Is it good to have diamond hands?
“Diamond hands” is an expression that signifies a high risk tolerance. It’s often used by investors on Reddit, Twitter, and other social media sites. If you have diamond hands, it means you’re the type of investor who won’t panic and sell off your holdings during big price fluctuations.
Who came up with diamond hands?
The phrase diamond hands was popularized early this year when r/WallStreetBets members teamed up to create a short squeeze in the meme stock, GME 一 they shorted the stock and called on each other to have ‘diamond hands’ and not sell until the stock went ‘to the moon.”
What is Tendies WallStreetBets?
Tendies is a slang term referring to gains or profits made on investments, such as stocks. … The use of tendies to refer to financial gains is associated with the stock trading subreddit (forum) /r/WallStreetBets (which has helped to popularize other investing slang terms, such as stonks and diamond hands).
Who is Mr Diamond hands?
Johnny Ruiz – Treasure hunter/ futuristic product inventor/ diamond miner – MR. DIAMOND HANDS | LinkedIn.
What is a Reddit ape?
There appear to be a lot of angry individual investors — the so-called apes of Reddit — who want nothing to do with the company or the stock. Some are even threatening to short the stock, betting it will go down.
Where did the phrase diamond hands come from?
Where Did ‘Diamond Hands’ Come From? The term diamond hands is believed to have been coined on Reddit in the r/WallStreetBets subreddit. It is used primarily to talk about those investing in highly volatile investments like meme stocks and cryptocurrencies.
What is buy the dip?
“Buy the dips” means purchasing an asset after it has dropped in price. The belief here is that the new lower price represents a bargain as the “dip” is only a short-term blip and the asset, with time, is likely to bounce back and increase in value.
How does short squeeze Work?
A short squeeze is an unusual condition that triggers rapidly rising prices in a stock or other tradable security. For a short squeeze to occur, the security must have an unusual degree of short sellers holding positions in it. The short squeeze begins when the price jumps higher unexpectedly.