What is YOLO Stock & Crypto Trading?

What Does YOLO Mean in Investing?

YOLO stands for “You Only Live Once” and represents an aggressive mindset when it comes to stock & crypto trading.

YOLO investors seek out extremely high upside opportunities that can 10x to 1000x their money in a relatively short period of time.

We’re not talking about buying a slow moving dividend stock like Walmart (WMT) or investing in an index fund.

I wrote a list of the best YOLO stocks to buy right now if you’re interested in seeing a few examples.

Characteristics of Yolo Investments

Generally, a YOLO investment has some or all of the following traits:

  • High social media buzz
  • Risky Nature
  • Low share or coin price when compared to larger companies/cryptocurrencies
  • 10x to 1,000x upside opportunity

Most YOLO investments are backed by a massive social media following on sites such as Reddit. There could be millions of retail traders buying up the stock or crypto to send it to the moon.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *