Many people on X worship positive role models and idols.
The result of worship: the only belief in the era of wealth. On platforms like X, the outcome > process > moral evaluation. The tags associated with him are: young, high exposure, financial freedom, presence in the global financial circle, and ability to continuously generate topics. Many people see not his controversies but a simple conclusion: he won. In an era of wealth anxiety, people are more likely to form a mindset: Those who can make money must have ability; Those who are alive today are definitely stronger than those criticizing them; This is a typical survivor bias worship. From an investment perspective, the signals behind this phenomenon are quite interesting. When a market begins to heavily worship “Gray Scale success stories,” it indicates that speculative sentiment is heating up, and long-term faith is declining. People trust the trend more than value, which is often a characteristic of an increasing risk appetite cycle. Truly mature investors usually do not idolize anyone. They only study two things: where the money they make comes from. Whether this model can be replicated from this perspective is closer to the essence of making money than emotional worship.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Many people on X worship positive role models and idols.
The result of worship: the only belief in the era of wealth.
On platforms like X, the outcome > process > moral evaluation.
The tags associated with him are: young, high exposure, financial freedom, presence in the global financial circle, and ability to continuously generate topics.
Many people see not his controversies but a simple conclusion: he won.
In an era of wealth anxiety, people are more likely to form a mindset:
Those who can make money must have ability;
Those who are alive today are definitely stronger than those criticizing them;
This is a typical survivor bias worship.
From an investment perspective, the signals behind this phenomenon are quite interesting. When a market begins to heavily worship “Gray Scale success stories,” it indicates that speculative sentiment is heating up, and long-term faith is declining.
People trust the trend more than value, which is often a characteristic of an increasing risk appetite cycle.
Truly mature investors usually do not idolize anyone.
They only study two things: where the money they make comes from.
Whether this model can be replicated from this perspective is closer to the essence of making money than emotional worship.