The decision was made late last night to remove holi from the community.
For the sake of transparency, this had been something that we had discussed at the administration level for quite some time (months). Holi consistently made extremely poor decisions when trading which normally isn’t an issue, our community exists to educate and help people. However, in his case, he wholesale refused to admit he needed to be a student instead of a teacher and continually attempted to “educate” members of the community and call out plays despite having no reason for thinking he should be doing so. Members know holi from the YouTube video and automatically assumed he had some talent in trading and no matter what we did, we couldn’t seemingly make it clear enough that he shouldn’t be listened to.
We were very sensitive to the fact that holi had lost his AMC gains and because of this, we opted for months to keep him here despite knowing the negative effects he had on our community because, being honest, I didn’t want to take the last thing he had from him.
However, it was brought to my attention that since ESSC, he’d been having conversations behind the scenes with various people telling them that ESSC was purely my fault and that if I hadn’t been so childish, the play would’ve worked. This is of course forgetting the fact that it was holi himself that went on a Reddit posting spree which resulted in us making the /r/SPACs post to damage control him and that caddude’s “ESSC scam” post was almost entirely focused on screenshots of things he’d said. However, something to keep in mind is that I’ve known he was doing this for the last month, because… he wasn’t removed. People are free to criticize me, I’m not a fan of people doing it in the shadows like that, but everyone is welcome to their opinion. We even had a conversation yesterday morning after he was giving out questionable advice in VC about removal and I voted to keep him.
However, holi had let this jade him and he crossed a line to me which was that he began to undermine the 1K challenge. When I first created it, he announced his 150K to 1M challenge, which I was fine with, however, he then started telling people that the challenge is ridiculous because 1K doesn’t mean anything to me and I’m just going to YOLO it and nobody will learn anything. For me, this was the point where I know there is nothing that can be done.
The 1K challenge was created with the entire community in mind including holi. It was an opportunity for him to learn how to actually trade and how to do so with a responsible amount of capital. To hear him not only talking ill about it, but actively undermining the attention that would be put on something that is so important to the community was the last straw.
For those unaware, holi made 7M on AMC. He lost it despite a herculean amount of effort from those of us in the server who tried to get him to do the right thing. He traded so poorly he had to sell his car and is now trying to “invest that money” to get back to being a millionaire. His first play… was PTON puts, his money was saved by his transfer being late.
I liked holi, I avoided making this move for a long time, but now that its been made, its permanent. I wish him luck.