Feel free to educate me as I never have participated or even cared to take part in these gambling plays.
I think it would be much better for the space and projects to just be able to grow organically with out having the sell and buy pressure, it’s like this gives reason for markets to be manipulated by the whales and instantiations. I suppose they could just buy and dump and repeat.
I know I’m missing information or what role this actually brings to benefit the market and I just wanted hear it from the Reddit family that takes part in this or doesn’t and get some opinions and views on why’s it great and healthy or why it’s not. I’m more interested in why it is healthy for the markets because I’m on the other side obviously.
Like I said I am very ignorant to this topic, I know people make alot of money and people lose alot of money doing this.
Just looking for some reason to why all this is allowed in the markets crypto/stocks.