Doom is as much a grift as boom
People love to talk about bubbles. It’s addictive—there’s a certain thrill in believing you see what others can’t. But what most don’t realize is that doom can be just as profitable for grifters as boom.
When markets rise, the hype merchants sell “the next big thing.” When markets wobble, a different breed sells fear: crash predictions, gold ads, bear newsletters, and “once-in-a-lifetime” survival trades. Both depend on emotion—just opposite kinds.
Boom grifters profit from greed. Doom grifters profit from fear. They both need attention, both demand urgency, and both pretend to know the future.
Don't be chasing either story. Instead focus on probabilities—not prophecy. Because whether it’s euphoria or panic, anyone selling certainty is probably selling you.