Inverse reddit investment - a case of Solana

There is a myth in our community that redditors are notoriously bad when it comes to picking altcoins... so much so that some of you suggested that people should do the opposite of what redditors suggest.

Here is the case study of extreme sentiment coupled with extreme price movement of a certain coin.

The coin is ofcourse Solana.

Around new year there was a number of posts here discussing the future of solana, whether it will recover or not. The sentiment in comments of each and every of those posts was extremely extremely bearish...

An example of comments in recent solana posts

Funnily enough Mr Cramer also added to the confluence around that time

Price action on solana throughout the period of extreme pessimism and the above comments

And the guy that knows how it's done u/Fr3sh-Ch3mical

Hope he actually traded this :D

Ofcourse this may be anecdotal but I've been on this sub for quite awhile and have never seen such animosity towards a certain coin. Whether that animosity has ground or not remains to be seen but one thing can be sure... extreme sentiment leads to extreme price movements.