Indian Fintwit has changed a lot over the years. A chronology:
2019: This year was all about few big option traders posting regular MTMs & dominating this space.
2020: This year saw huge growth in not only Fintwit, but overall retail participation. Many upcoming furus also
2019: This year was all about few big option traders posting regular MTMs & dominating this space.
2020: This year saw huge growth in not only Fintwit, but overall retail participation. Many upcoming furus also
started posting regular MTMs but they were majorly few lakhs only. 920 straddle was the phenomenon in this year, which allowed everyone to trade options easily.
2021: Threads started coming up in this year. People understood that fake MTMs can be easily created and is an easy
2021: Threads started coming up in this year. People understood that fake MTMs can be easily created and is an easy
growth hack. Fintwit people also started migrating to YouTube for monetary benefits. Backtest results were published regularly while asking for retweets. Many ultra bullish furus with only few years of experience started giving crazy calls on all kinds of stocks.
Million MTM screenshots became the new normal at the far end.
2022: Markets became relatively tough. What used to work well in last couple of years started backfiring. Many relatively geniune people stopped posting MTMs, while the other not so geniune used it to their advantage.
2022: Markets became relatively tough. What used to work well in last couple of years started backfiring. Many relatively geniune people stopped posting MTMs, while the other not so geniune used it to their advantage.
It was also the year where Telegram premium channels became a hit. Many new forces also came up to counter all the furu activities. They spread awareness among the innocent retail resulting in regular trolling of furus. The growth hack which furus depended upon stopped working,
resulting in decrease in their following. Many furus had also bought followers which after the Elon takeover and some algorithm changes resulted in huge reduction in their visibility.
2023: The year has started with Legal notices....
To be continued
2023: The year has started with Legal notices....
To be continued
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