My thoughts on the Community Going Down: (Long Read Warning)
They got uncomfortable with people dissecting star Darwins, questioning the decisions of the star traders, and questioning the decisions made by the company. Period.
Putting it on regulation is a convenient cop out. The worst case of self-promotion was last seen with Darwin providers like BUX who hasn’t posted in ages so why use that as an excuse now? It’s okay to use the community when they need opinions of people, but discard it when there’s a bit of disagreement and when people started to point out how the company has started to veer off the initial USPs that attracted traders with small capital. Lol.
One of the users (or staff?) also joined in and recently started a campaign against descriptions and what is contained therein, but that’s just another straw clutching as well if we look at it deeply.
Someone saying “best to invest for X periods” doesn’t qualify as investment advice, especially as all the Darwins on the platforms are covered by Darwinex’s risk warnings plastered everywhere. Even on the third party websites, there are disclaimers everywhere so it’s not a reason. But hey, we’ll keep adapting to whatever new rules. Until we no longer need to.
Might as well close down all broker websites where they advertise different products and strategies. Isn’t the whole point of Darwinex the fact they provide blanket cover for the small guy? A disclaimer on the website supersedes everything else posted by a user or guest.
After all that drama and restrictions, you can’t stop investors from following the newest shiny toy—even if they also remove descriptions. Some of the most followed Darwins that bombed recently didn’t have a description. Others had a description but never had a thread on the community or posted until recently.
Those of us that had community threads from day one saw it was largely pointless. Regardless of what you explain or do, the investors only want regular profits. If it comes with a straight line curve (doesn’t matter if it was manufactured), even better!
Making people that had threads or talked about what’s best for investors on their strategy feel like they’ve done something wrong is funny because all through my years on the platform, some investors were looking for exactly that kind of thing. They wanted traders to talk more about the strategy.
If the problem was “self-promotion” and “giving unsolicited investment advice”, what stopped them from just making new rules and banning people that start posting like BUX was doing back then? So, anyone that believes those are the only reasons must be pretty naive.
Only a matter of time now before the Darwinia ends as well, then everyone apart from the 20-25 lucky darwins with all the money can finally disperse and stop dreaming. At least they won’t have to worry about the outrage in the forum when that happens.
It’s funny they are supposedly clamping down on people encouraging others to make investment decision because of regulation, while the most invested Darwin on the platform has promoted tweets all over Twitter!
