[Bloomberg ETF Analyst Says Degen Traders Profit from TQQQ by Buying Low and Selling High] Odaily Planet Daily News – Bloomberg ETF analyst Eric Balchunas stated on the X platform that Degen traders treat TQQQ as an ATM, consistently buying low to generate inflows and selling high to generate outflows, breaking the 'dumb money' stereotype. If TQQQ were a casino, they might be banned for winning too much. Similar situations are observed with SOXL and other similar products, which helps explain the popularity of these products.