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What crash?
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@VincP3 No crash -> natural correction of some tech stocks by 40% to 70% 😜
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@Fl_ow I just took a look at your portfolio. I see what you mean.
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@VincP3 In the long run, I'm in a good position, but it still hurts, haha
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@VincP3 I was just wondering the same thing. My portfolio is at an all-time high and has been performing better and better over the last few days 😃
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@VincP3 The problem with many people who want to get rich quickly on the stock market is that they chase after whatever is trending without any real knowledge. Take AI hype and crypto, for example.
Anyone who doesn’t diversify their portfolio will inevitably experience a correction or a crash… sooner or later, at any rate.
Much of this resembles the Tulip Mania of 1637.
Ultimately, it’s greed that creates “bubbles,” yesterday as well as today.
Anyone who doesn’t diversify their portfolio will inevitably experience a correction or a crash… sooner or later, at any rate.
Much of this resembles the Tulip Mania of 1637.
Ultimately, it’s greed that creates “bubbles,” yesterday as well as today.
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@VincP3 I wonder that too. It's just like on Reddit. When Bitcoin drops 40%, the newbies are all preaching "Diamond Hands" 💎, and the next day the price skyrockets 🚀; but when a solid portfolio is down 4%, everyone's talking about a crash.
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@VincP3 I'd definitely say that was a crash. Not at the index level, but definitely at the individual-stock level. Especially considering that the Nasdaq 100 lost 16% during that period.
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