What Does Diamond Hands Mean?
Investors referred to as Diamond Hands are characterized by their particularly strong adherence to their investment decisions. They are not swayed by even acute price changes and important market news. The term refers to the hardness property of diamonds. In 2021, the Gamestop share was probably the most impressive example of the Diamond Hands approach. At that time, Diamond Hands were not influenced by the massive collapse of the share after many investors had previously agreed on a share purchase via the social media network Reddit, which initially led to a veritable explosion of the share price. Diamond Hands is therefore not a term from the cryptocurrency sector.