Stock Market Crash of 2008

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  • Опубликовано: 15 дек 2019
  • This video shows the events of the 2008 financial recession. This event affected the whole world and cause major indices to fall about 40% from their highs and took several years to recover. This video is to show the dangers of investing and how no matter what low-risk stock you own, a crash of this magnitude has happened and can happen again so there is no such thing as a no-risk investment. Many companies went into bankruptcy, including bank giant Lehman Brothers, and many others were damaged for many years to come. The closest thing to the 1929 depression, the 2008 recession is the closest thing to the end of capitalism the United States has seen in the 21st century. I hope viewers can take away the notion that investing carries high risk, and you could lose everything if you are not diversified. I don't make any money because of the song I used so please feel free to Venmo if you enjoyed it at Miles102
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Комментарии • 18 тыс.

  • @dannycheek5240
    @dannycheek5240  3 года назад +4703

    I don't make any money from the videos because of the song so feel free to Venmo me at Miles102 if you enjoyed it! Thank you!

    • @dailygrsbstocic9622
      @dailygrsbstocic9622 3 года назад +33

      22 mins ago....kinda sus....

    • @animefan701
      @animefan701 3 года назад +37

      Congratulations this video is playing with youtube algorithm.

    • @slippytricks3020
      @slippytricks3020 3 года назад +2

      Considering you used media from that time. Do something with the media and gamestop(or whatever else sounds good) with clips from that if that is your style.

    • @evananglim3683
      @evananglim3683 3 года назад +17

      The next economic implosion is going to make this look like a walk in the park.

    • @premanand7803
      @premanand7803 3 года назад +5

      Make a video on how fast these stocks went up & where was its peak from the dip

  • @EverlyndPerez
    @EverlyndPerez 2 дня назад +5412

    I ponder whether individuals who lived through the 2008 crash had it comparatively easier because my portfolio has incurred a loss of over $27,000. I fear for the outlook of my retirement when I struggle to grow my stagnant reserve.

    • @Debbie.Burton
      @Debbie.Burton 2 дня назад +5

      You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.

    • @benitabussell5053
      @benitabussell5053 2 дня назад +3

      The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

    • @Theresaa12
      @Theresaa12 2 дня назад +3

      That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

    • @benitabussell5053
      @benitabussell5053 2 дня назад +2

      *Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.

    • @A_francis
      @A_francis 2 дня назад +1

      Thank you for sharing, I must say, Sharon appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.

  • @rf9645
    @rf9645 6 месяцев назад +5807

    My biggest regret is not buying stocks during this crash because I was 6 years old.

    • @cc3
      @cc3 6 месяцев назад +326

      You could have used those profits to invest in bitcoin at age 11

    • @anonymousfx5254
      @anonymousfx5254 6 месяцев назад +93

      "You're getting rich when you're buying. Not when you are selling"

    • @Uffhhirrr
      @Uffhhirrr 6 месяцев назад +7

      You can invest now

    • @kremlincapital
      @kremlincapital 6 месяцев назад +10

      Me too
      But I started investing in Russian stocks when the market was low after the war started

    • @anonymousfx5254
      @anonymousfx5254 6 месяцев назад

      @@kremlincapital stock market is for l osers. It will not give you good results. If you wish to double or make half of your investments monthly- get into Crypto trading, but only with Futures, not spot. Don't just buy crypto and hold it. Instead invest in futures contracts for crypto(price movements), this way you can earn money on price movement of certain asset, including when price goes down.

  • @FeelMyTruth
    @FeelMyTruth 2 дня назад +1604

    The market is more volatile than ever. I've been holding cash since '20 pandemic crash, but just went "all in" bought up $250k worth of ETF's & individual stocks at discount, and hoping to average down on ailing companies, in order to achieve passive income and early retirement.

    • @WestonScally7614
      @WestonScally7614 2 дня назад +5

      Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.

    • @SageMadsen
      @SageMadsen 2 дня назад

      A colleague once proposed the idea of diversification to me, hopefully for positive results to offset any negative performance. At once, I backed it up using an advisor in order to avoid any fiasco. As of today, my portfolio has yielded over $450k in profits, from an initial $180k this year alone... maybe you should do the same.

    • @FelineAirstrip
      @FelineAirstrip 2 дня назад +1

      A colleague once proposed the idea of diversification to me, hopefully for positive results to offset any negative performance. At once, I backed it up using an advisor in order to avoid any fiasco. As of today, my portfolio has yielded over $450k in profits, from an initial $180k this year alone... maybe you should do the same.

    • @louis71350
      @louis71350 2 дня назад +3

      I sincerely believe people often underestimate financial advisors' importance too. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

    • @SageMadsen
      @SageMadsen 2 дня назад +3

      this is huge! your advsor must be grade A, mind sharing more info pleas? in dire need of proper asset allocation

  • @jerrycampbell-ut9yf
    @jerrycampbell-ut9yf 8 дней назад +1533

    I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested this year?

    • @Peterl4290
      @Peterl4290 8 дней назад +3

      from my study, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor

    • @Mrshuster
      @Mrshuster 8 дней назад +2

      Certain Mag 7 companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

    • @sabastinenoah
      @sabastinenoah 8 дней назад +2

      this is all new to me, where do I find a fiduciary, can you recommend any?

    • @Mrshuster
      @Mrshuster 8 дней назад +1

      Vivian Carol Gioia who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.

    • @sabastinenoah
      @sabastinenoah 8 дней назад

      Cheers buddy. Smart and great looking lady. Hopefully will my time. I left messages, was told to expect feedback. Thank you.

  • @Coreyahno
    @Coreyahno 3 года назад +5739

    I had absolutely no idea this was even happening in the world at the time. I was just in my room playing Modern Warfare throughout the entire crash.

    • @Coreyahno
      @Coreyahno 3 года назад +78

      @@jendrizzyy Yeah, that too! The Sims games have always eaten up a lot of my time.

    • @leeshepherdtrading
      @leeshepherdtrading 3 года назад +44

      Best place to be. Best thing to do. 👍

    • @sourcesymbiosismetamorphis2228
      @sourcesymbiosismetamorphis2228 3 года назад +46

      I was on my PC playing the online multiplayer 2d side scroller "MapleStory".

    • @BigdawgR6R1
      @BigdawgR6R1 3 года назад +35

      I was sporting a new Yamaha R6 I bought while landing an IT desktop job at Chase. I had no damn clue

    • @jinnij9721
      @jinnij9721 3 года назад +128

      I was in high school no idea wtf was going on. Family was poor so it didn't effect that much lol

  • @RubySapior
    @RubySapior 3 года назад +20949

    If this were to happen now, Robinhood would simply suspend trading.

    • @WyattWinters
      @WyattWinters 3 года назад +908

      Simply built different

    • @tigertim719
      @tigertim719 3 года назад +1650

      Nono. Cannot sell, but only buy.

    • @Yeesack
      @Yeesack 3 года назад +407

      If they suspended trading but the opposite way this this time where u couldn’t sell they would get hammered so hard by lawsuits because there’s no excuse or loophole like saying “volatility”

    • @ulriklm1
      @ulriklm1 3 года назад +21

      zing!

    • @jieelyuu
      @jieelyuu 3 года назад +37

      It didn’t happen in the 2020 crash though

  • @kurtKking
    @kurtKking 14 дней назад +860

    This event still lives in my head rent free, shocking because presently I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

    • @Kaustavpatell
      @Kaustavpatell 14 дней назад +2

      Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.

    • @rachelonigirl
      @rachelonigirl 14 дней назад +1

      I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

    • @Owenra
      @Owenra 14 дней назад +1

      Inflation is over 10% here , but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

    • @rachelonigirl
      @rachelonigirl 14 дней назад +1

      Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'MICHELE KATHERINE SINGH' for the last five years or so, and her returns have been pretty much amazing.

    • @Owenra
      @Owenra 14 дней назад +1

      She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

  • @HodgeChris
    @HodgeChris Месяц назад +1264

    The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

    • @Pamela.jess.245
      @Pamela.jess.245 Месяц назад +2

      Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.

    • @carssimplified2195
      @carssimplified2195 Месяц назад +2

      You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Месяц назад +2

      Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

    • @carssimplified2195
      @carssimplified2195 Месяц назад +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’COLLEEN ROSE MCCAFFERY” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Месяц назад +1

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @hallertyler38
    @hallertyler38 2 года назад +22336

    I went through this as a poor kid, so I didn’t even have a quality of life change at all. It was amazing.

    • @Meezyb33
      @Meezyb33 2 года назад +1745

      Same here! I would get scared when people talked about how everyone was losing money all while everything at my house was the exact same lol

    • @mikealaniz7236
      @mikealaniz7236 2 года назад +847

      Oh it affected you. It made it way harder to move up out of where you were.

    • @Meezyb33
      @Meezyb33 2 года назад +264

      @@mikealaniz7236 I’m making 79k with adt, I’m up12% on my portafolio. I learned from their mistakes

    • @mikealaniz7236
      @mikealaniz7236 2 года назад +427

      @@Meezyb33 good. Remember the biggest mistake everyone made is trying to own a house that you couldn’t really afford.

    • @Meezyb33
      @Meezyb33 2 года назад +102

      @@mikealaniz7236 we weren’t going anywhere lol

  • @D-Man_Jam
    @D-Man_Jam 2 года назад +7947

    Dude, I remember 2008. Yet this footage looks straight out of 1997

    • @gabrielc7861
      @gabrielc7861 2 года назад +61

      reminds me of *big shot* soda *1997* ad

    • @retrosking
      @retrosking 2 года назад +14

      This quality look better than currents

    • @nightnday6675
      @nightnday6675 2 года назад +30

      On top of that your probably watching it on your phone which boosts the image quality.

    • @D-Man_Jam
      @D-Man_Jam 2 года назад +3

      @@nightnday6675 Dont know if the J3 has that kind of firepower

    • @anthonyw9129
      @anthonyw9129 2 года назад +27

      I know and 90s footage looks like its the 80s

  • @Margaret-tf5ty
    @Margaret-tf5ty День назад +534

    As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

    • @Ruth-sl5mx
      @Ruth-sl5mx День назад

      Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

    • @Elizabeth-hf2bg
      @Elizabeth-hf2bg День назад

      People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

    • @Laura-tx4pj
      @Laura-tx4pj День назад

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @Elizabeth-hf2bg
      @Elizabeth-hf2bg День назад

      Angela Lynn Schilling is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.

    • @Laura-tx4pj
      @Laura-tx4pj День назад

      Thank you for this amazing tip. I just looked the name up and wrote her.

  • @arekkusubasu4483
    @arekkusubasu4483 3 года назад +8143

    *stock market plunged 10%*
    “WE’RE ALL GONNA DIE!!!”
    *Crypto losing 30% every hour*
    “It’s fine”

    • @resistorstudios
      @resistorstudios 3 года назад +763

      And back up 50% , just another Wednesday

    • @georgeesquivel7725
      @georgeesquivel7725 3 года назад +95

      It's so damn true tho 😂

    • @Dilabun
      @Dilabun 3 года назад +91

      The only Crypto I can think of that volatile is doge coin

    • @insomnia20422
      @insomnia20422 3 года назад +175

      GME losing 75%
      HOLD HOLD HOLD - TO THE MOON

    • @ryugurena3327
      @ryugurena3327 3 года назад +86

      GME has really made me immune to volatility

  • @theninethrees8044
    @theninethrees8044 3 года назад +6621

    In 2008, I was buying GTA IV at Gamestop
    In 2021, I’m buying Gamestop while playing GTA

    • @AbdoZaInsert
      @AbdoZaInsert 3 года назад +121

      Finest GTA & Finest stock

    • @thegreat9481
      @thegreat9481 3 года назад +47

      Gta 4 was the best

    • @throneborn
      @throneborn 3 года назад +88

      In 2008 I was going to amc theaters to watch movies.
      In 2021, I'm part owner of amc and looking forward to the movie about how I became that

    • @Crackuser69
      @Crackuser69 3 года назад +7

      And also rebuying gta 5 for ps5💀

    • @Ozgerkocdemir
      @Ozgerkocdemir 3 года назад +15

      Soon you Will be making money playing GTA with them bringing Crypto in to the game.

  • @benjaminsmith3469
    @benjaminsmith3469 Месяц назад +1214

    I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

    • @alicegomez7232
      @alicegomez7232 Месяц назад +1

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

    • @carter3294
      @carter3294 Месяц назад +1

      No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

    • @stevensmiddlemass2072
      @stevensmiddlemass2072 Месяц назад +1

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @carter3294
      @carter3294 Месяц назад +4

      Monica Shawn Marti is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @Emily-le2op
      @Emily-le2op Месяц назад +1

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @HafezBd
    @HafezBd Год назад +3678

    This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

    • @AustinReid09
      @AustinReid09 Год назад +5

      Due to their access to both the necessary strategy for making money in this industry and unreleased insider market information, professionals are currently dominating.

    • @patrickperez7387
      @patrickperez7387 Год назад +6

      Remind yourself of this occasionally. Both good and awful days exist. Although it's a zero-sum game, remember to diversify your holdings and make good financial decisions with your spending and investing. This will ensure that when one performs poorly, the others do as well. This can be done by working with a qualified professional whose platform offers a variety of investment opportunities. You may even end up with more as a result, leaving little space for remorse.

    • @patrickperez7387
      @patrickperez7387 Год назад +4

      @@godof-ou1dw It's amusing that you brought it up because I completely understand. Look up Ruth Loralann Brennan; she was in the news a lot in 2020. I'm not sure if I can say this. She oversees the management of my investments as well.

    • @williamporter5333
      @williamporter5333 Год назад +2

      @@patrickperez7387 I carefully searched for Ruth online and read glowing reviews about her professional background before I came across her website. Thanks

    • @krisfalkenberg
      @krisfalkenberg 10 месяцев назад +1

      Truth unites
      Walls don't keep the peace, who (x) lives behind fear; fear of one-self , for it denies the truth an another, that nothing lives over its shoulders, that walls discriminate, that only truth will unite. There's land for the wholly, that the consciousness unites with it, and the land, the wholly, that it provides under Yahweh, under a light an under principle for life to prosper, but a dry land is of the resentful and deceitful; that the future lays with the sincere.

  • @Muslifts
    @Muslifts 3 года назад +11290

    If this was to happen now . Everyone would be like 'buy the dip, we going to the moon'

    • @scottiZepidemic
      @scottiZepidemic 3 года назад +1901

      Well those that held thru the 2008 dip would be banking right now

    • @iambaguette4963
      @iambaguette4963 3 года назад +128

      Smort

    • @VALIS538
      @VALIS538 3 года назад +88

      Exceeding expectations? Some people not destined to be rich

    • @rasmusgreen6254
      @rasmusgreen6254 3 года назад +112

      And how would that have worked out long term for those people

    • @llumar100
      @llumar100 3 года назад +184

      @@scottiZepidemic market is make money easily but need time

  • @iamthewalrus.
    @iamthewalrus. 3 года назад +10211

    Everyone: WE ARE LOSING MONEY
    Me: stonks on discount

    • @jonboybilly
      @jonboybilly 3 года назад +522

      This is the way.

    • @xChemistryFTWx
      @xChemistryFTWx 3 года назад +514

      Ok, but seriously, this is why you keep some cash on the sidelines. So you can capitalize on periods of market weakness

    • @surajpatil7441
      @surajpatil7441 3 года назад +36

      @@xChemistryFTWx gold is better than cash

    • @nicholasrickhoff2912
      @nicholasrickhoff2912 3 года назад +241

      @@surajpatil7441 What broker do you use that accepts gold?

    • @broxxad
      @broxxad 3 года назад +54

      @@nicholasrickhoff2912 he probably means gold etf

  • @rannyorton
    @rannyorton Месяц назад +582

    I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single year for the first time. This success reinforces the importance of the advicmonth e mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

    • @belljoe
      @belljoe Месяц назад +1

      I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @smithlenn
      @smithlenn Месяц назад

      I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.

    • @latanyaconlontl5849
      @latanyaconlontl5849 Месяц назад +1

      Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000

    • @dawsondanny990
      @dawsondanny990 Месяц назад

      TRUMP2024

    • @latanyaconlontl5849
      @latanyaconlontl5849 Месяц назад +2

      The best course of action if you lack market knowledge is to ask a consultant or invest-ing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

  • @mohican-jx6fx
    @mohican-jx6fx Год назад +2693

    A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

    • @legacymedia8468
      @legacymedia8468 Год назад +3

      You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.

    • @judynewsom1902
      @judynewsom1902 Год назад +2

      @@legacymedia8468 On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.

    • @judynewsom1902
      @judynewsom1902 Год назад +2

      My advisor is "Sharon Louise Count" , a renowned figure in her line of work. I recommend researching her credentials further

    • @neverbrokeagain7701
      @neverbrokeagain7701 2 месяца назад

      Yeah I used corona crash as much as I could and gonna do a lil miracle with the halving ;)

    • @goatfood1504
      @goatfood1504 Месяц назад

      Scam scam scam

  • @trilingualkid
    @trilingualkid 3 года назад +9424

    "8% drop"
    Crypto traders be like...rookies numbers...

    • @PJ3721
      @PJ3721 3 года назад +70

      😂

    • @danielcasillas1133
      @danielcasillas1133 3 года назад +224

      Lol fr try 40

    • @ankitSharma-ct7rm
      @ankitSharma-ct7rm 3 года назад +175

      Yes 8 to 13 percent drop is normal in crypto drop above 25+ gives u tension

    • @ISILENTNINJAI
      @ISILENTNINJAI 3 года назад +103

      Me with doge. Every time I buy it crashes 10-15 % fml.

    • @francismartinevans
      @francismartinevans 3 года назад +14

      with this comment.... you won the internet today

  • @Ventus7777
    @Ventus7777 3 года назад +2478

    Meanwhile in the crypto market: whole market lost 30% it's value in 3h- "This fine we going to the moon boyz! 🚀"

    • @gigeanicusor4925
      @gigeanicusor4925 3 года назад +65

      Fcking true

    • @bullmeatt
      @bullmeatt 3 года назад +76

      every other day is a black monday lol

    • @tajneeley
      @tajneeley 3 года назад +26

      Buy the dip

    • @filipjacobsen2468
      @filipjacobsen2468 3 года назад +5

      Well, today 40

    • @rangelso
      @rangelso 3 года назад +1

      any asset you hold more than 24 hours will burn a hole in your pocket

  • @wilsonkrusk8652
    @wilsonkrusk8652 9 месяцев назад +1137

    I used to think every investor went broke during recessions, meanwhile some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some, and profit for others, it all starts from having the right mindset. That said, I've set asides $250k to invest for future, unfortunately l'm a complete noob.

    • @mateosantiago5795
      @mateosantiago5795 9 месяцев назад

      How may I contact your Asset-coach as my portfolio is dwindling?

    • @janedaniel4646
      @janedaniel4646 9 месяцев назад

      Thank you for this tip. It was easy to find your coach. I did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

    • @daliborlaverman9152
      @daliborlaverman9152 9 месяцев назад

      ⁠​⁠​⁠​⁠​⁠​⁠​⁠​⁠@eminentcasper2034wow guys look eminentcasper2034 is preaching coach olivia casper lucas and they’re definitely not the same person!!

    • @NaviYT
      @NaviYT 9 месяцев назад +59

      These are scams for anyone wondering ^^^ don’t fall for it

    • @daliborlaverman9152
      @daliborlaverman9152 9 месяцев назад

      @@NaviYT you'd have to be real stupid to fall for this tbh lmao, I feel like if u fall for this u deserve to get scammed out of ur money

  • @ExxonMobilCompany
    @ExxonMobilCompany Год назад +567

    Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency.
    With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon.

    • @charlotteflair1043
      @charlotteflair1043 Год назад +2

      It's important to keep in mind that investing is a zero-sum game with both good and bad days. However, by spending and investing wisely and diversifying your holdings, you can minimise risks and maximise gains. Hiring a knowledgeable investment advisor with a wide range of options can help you achieve this and leave little room for regrets.

    • @obodoaghahenry9297
      @obodoaghahenry9297 Год назад +1

      @@jamesvigor6409 Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.

    • @nela5250
      @nela5250 Год назад

      How can you lose a grip you never had. US Gov is grasping nothing but air at the THOUGHT of controlling Federal Reserve. With the way things are going 2008 crash about to like a scarp on the knee type of issues.

  • @ZenTradeGame
    @ZenTradeGame 3 года назад +3936

    Young Me 2008: Why are all these old people freaking out ? 😂
    Me Now: I should’ve bought that dip 😭

    • @Cblizy
      @Cblizy 3 года назад +93

      That hit home 🎯

    • @RPGyourLIFE
      @RPGyourLIFE 3 года назад +25

      Faaaactttttssss

    • @vancekang
      @vancekang 3 года назад +32

      Coming soon bro dun worry

    • @ollievw3450
      @ollievw3450 3 года назад +14

      Your time will come,hope you will just have a spine and some cash at that moment...

    • @elcojoilustrado5367
      @elcojoilustrado5367 3 года назад

      AJAJAJAAJAJ

  • @joshuanbray
    @joshuanbray 3 года назад +3106

    Bitcoin: "aaaaand we're down 34 percent today"
    Everyone: "sounds good"

    • @patrikbartos6483
      @patrikbartos6483 3 года назад +245

      time to buy

    • @AmandaVieiraMamaesouCult
      @AmandaVieiraMamaesouCult 3 года назад +163

      Just another Tuesday

    • @MudHut67
      @MudHut67 3 года назад +28

      No, no one says "sounds good" when that happens, and it doesn't happen every other day. Plenty of people get rekt by such corrections. It's only not a gigantic deal right now because we're in a bull market, but that's going to end this year at some point.

    • @joshuanbray
      @joshuanbray 3 года назад +85

      @@MudHut67 If you're not saying "sounds good" during any 34% move to the downside, whether it be in a bull or bear market, you need to either seriously reevaluate your investing/trading strategy, or realize crypto is not for you.

    • @MudHut67
      @MudHut67 3 года назад

      @@joshuanbray Do explain how a 34% move downward is a good thing if your bags are already full?

  • @jetkastrokdova
    @jetkastrokdova 10 месяцев назад +1437

    Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment..,

    • @MarkMilley810
      @MarkMilley810 10 месяцев назад +1

      ,Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments?

    • @MarthaDavis-fh6cw
      @MarthaDavis-fh6cw 10 месяцев назад +5

      @@MarkMilley810

    • @leonarodwell
      @leonarodwell 10 месяцев назад +1

      @@MarthaDavis-fh6cw Please can you leave the info of your investment advisor here? I’m in dire need for one.🙏

    • @MarthaDavis-fh6cw
      @MarthaDavis-fh6cw 10 месяцев назад +7

      @@leonarodwell ,,,Sure, the advisor that guides me is ''Charlotte Anne McConnell' she's well-grounded and known, shouldn't be a hassle finding her page, just look her up.>>>

    • @leonarodwell
      @leonarodwell 10 месяцев назад +2

      @@MarthaDavis-fh6cw seen her web page on the Net, thank you so very much.🙏

  • @martymcyourflysdown6872
    @martymcyourflysdown6872 9 месяцев назад +17

    “worst day on wall street”.
    What they mean is worst day for retail, best day for wallstreet and short sellers who caused it.

  • @SmittyFan
    @SmittyFan 3 года назад +721

    I remember sitting at A restaurant when it happened and being so poor I saw no change in my life at the time🤯

    • @bullmeatt
      @bullmeatt 3 года назад +38

      little did you know, your wages were devalued, meaning your time, life, skills and well being were devalued

    • @bigrobwazhere6268
      @bigrobwazhere6268 3 года назад +8

      @@bullmeatt eh....

    • @MrBrno
      @MrBrno 3 года назад +19

      @@bullmeatt to those of us who are poor, the stock market crashing doesn't change our lives.

    • @greatkentuckian9032
      @greatkentuckian9032 3 года назад +2

      Its weird that the worst economic downturns always happen in the Fall.

    • @Yophillips3272
      @Yophillips3272 3 года назад +3

      Yeah my family were already poor we didn't give a crap. It actually made it easier to find a job once things started moving again, same as now.

  • @kshitijgenext
    @kshitijgenext 3 года назад +3908

    Wall street traders at 25% drop : Craziest day ever
    Crypto traders : First time?

    • @zarrowthehorse
      @zarrowthehorse 3 года назад +87

      Wow what a funny joke. it's not like this entire common section is making the same one.

    • @jameswarlock1242
      @jameswarlock1242 2 года назад +18

      That’s because Crypto trading is a joke to anyone who is in actual real assets unlike Cryto crypto all i need is a good hardware and software and I can hack into anyone’s account it’s out there and it’s been proven many times but

    • @pattieshow942
      @pattieshow942 2 года назад +15

      Meanwhile crypto who dropped nearly -50% - 😐😐

    • @diderot555
      @diderot555 2 года назад +53

      Yeah, because behind stocks there are real companies, with real assets and products, and behind crypto there's absolutely NOTHING, pure speculation on a casino level.
      So don't be so proud to be a "crypto trader".

    • @kshitijthapa2205
      @kshitijthapa2205 2 года назад +5

      Coz Wallstreet traders actually buy and sell companies.

  • @lawerencemiller9720
    @lawerencemiller9720 3 месяца назад +905

    I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

    • @alexyoung3126
      @alexyoung3126 3 месяца назад +7

      Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

    • @johnlennon232
      @johnlennon232 3 месяца назад +1

      I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

    • @jessicamoore3093
      @jessicamoore3093 3 месяца назад +1

      Your advisor must be really good, how I can get in touch with them as my porfolio isnt doing well.

    • @jessicamoore3093
      @jessicamoore3093 3 месяца назад +1

      Thank you so much! I found her webpage and left a message. Hopefully, she responds

    • @marcelmk9701
      @marcelmk9701 3 месяца назад +19

      First rule: do not look for advice in any social media, forum or video platform

  • @Patriciabanks5
    @Patriciabanks5 4 месяца назад +494

    It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.

    • @ritalorrigan
      @ritalorrigan 4 месяца назад +4

      I believe SVB was making an effort to reorganize their bond portfolio. Yes, they would lose money if they sold their low-yielding bonds. But, they were trying to make up for it by repurchasing bonds on the open market at the higher interest rate.

    • @KevinClarke9
      @KevinClarke9 4 месяца назад +3

      Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go

    • @LukeMcfarlane5
      @LukeMcfarlane5 4 месяца назад +3

      Would you mind telling me how to contact this specific coach using their service? Unlike the rest of us, it appears you have figured everything out.

    • @KevinClarke9
      @KevinClarke9 4 месяца назад +3

      Carol Vivian Constable is the licensed advisOr I use. Just research the name. You’d find necessary details to work with to set up an appointment

    • @LukeMcfarlane5
      @LukeMcfarlane5 4 месяца назад +2

      I appreciate this, man. I'll look her up, and I hope I'm able to reach her.

  • @joshuad1716
    @joshuad1716 Год назад +9868

    Crazy to see how many peoples parents lost everything…I remember my dad being cheap AF around this time telling me “all these people are broke, they can’t afford any of this, you’ll see soon” All my friends had new bikes, dirt bikes, skateboards, clothes, their parents had new cars and we had….none of that. Hand-me down everything’s, parents drove old cars so on and so forth. I was constantly bullied in school for “not having” the same things as many of my peers. I was always left out of activities because my parents refused to drown themselves in bad debt.
    While the world melted around us, we had 0 change in quality of life. If anything, everything got better as my father was able to begin his real estate investing “side hustle”. My dad perfectly predicted this and this is just one of the many many reasons my dad will forever be my hero.

    • @Jjf109nine
      @Jjf109nine Год назад +1306

      Your Dad knew the difference between an asset and a liability.

    • @grobbler1
      @grobbler1 Год назад +426

      A number of people near me, some in part-time jobs, lease Range Rovers and suchlike mainly for the school run and they dress up to the nines for that as well. As Warren Buffett said, ''only when the tide goes out do you discover who's been swimming naked.''

    • @XVXC-M8
      @XVXC-M8 Год назад +111

      So you basically had a shit childhood and missed out on basically everything but got better slowly overtime. How is that any good

    • @mikepignataro8465
      @mikepignataro8465 Год назад +662

      @@XVXC-M8 he learned a million dollar life lesson and will prosper with a high probability

    • @muziklvr7776
      @muziklvr7776 Год назад +561

      @@XVXC-M8 It's only a shit childhood if it revolved around materialism. Most who lost everything in 2008 due to living beyond their means are still fucked to this day.

  • @metaketan
    @metaketan 3 года назад +8044

    That's a normal day for crypto traders.

    • @harman_.sandhu
      @harman_.sandhu 3 года назад +168

      True😂😂

    • @harman_.sandhu
      @harman_.sandhu 3 года назад +550

      In whole vedio I was like
      Buy the dip😂😂😂

    • @metaketan
      @metaketan 3 года назад +37

      @@harman_.sandhu yess🚀

    • @crowbar3
      @crowbar3 3 года назад +24

      700 was pretty big back then though

    • @metaketan
      @metaketan 3 года назад +3

      @@crowbar3 yes indeed

  • @Americanpatriot723
    @Americanpatriot723 Год назад +1259

    There are lots of mixed opinions about stocks and there projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading, but then again what do I really know? I'm just looking for the right moves to grow and hedge my stagnant reserve of $370k from inflation.

    • @MIchaelGuzman737
      @MIchaelGuzman737 Год назад +2

      It takes some gut to really remain in the market despite downturns and all. So just find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

    • @sommersalt88
      @sommersalt88 Год назад +4

      The market's uncertainty is one of the reasons I have my daily investment decisions guided by an investment advisor, as their skill set is built around going long and also shorting the market to maximize returns, both employing profit-oriented strategy and laying off risk as a hedge against inevitable downtrends, and when combined with exclusive analysis, it's nearly impossible not to outperform. Since the 2020 pandemic, I've made more than $1.5 million after subsequent investments thus far.

    • @kashkat987
      @kashkat987 Год назад

      @@sommersalt88 This is exactly what I want to do now too. Can I get access to your investment advisėr?

    • @sommersalt88
      @sommersalt88 Год назад +4

      Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "LISA ELLEN SHAW" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

    • @kashkat987
      @kashkat987 Год назад +1

      @@sommersalt88 This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @elvismark5172
    @elvismark5172 Год назад +2572

    Sincerely, I'm not sure if investing at this time is a good option. Pay attention to how often things fall apart. Despite reading charts and predictions from renowned investors from the past and present, I'm still seeking for a better way to invest my money because I still have some time before retiring. I want to create a strong and trustworthy portfolio in order to produce passive income.

    • @AnthonyHart34
      @AnthonyHart34 Год назад +6

      Without a doubt, the Fed is to blame for the exceptional catch-up measures currently in place since they were initially too slow to control inflation. The outbreak, supply-chain issues, and the state of Ukraine are all contributing reasons to the impending inflation perfect storm. Not to mention the steep rise in housing costs, another aspect that makes it difficult for the Fed to keep inflation under control. In conclusion, if you have the money, remove it quickly away to take advantage of the high savings rate.

    • @mattandersen2458
      @mattandersen2458 Год назад +5

      The issue is this! People with little to no experience in the stock market commonly try to buy on their own. Prior to doing the correct thing and getting in touch with financial advisor Ruth Loralann Brennan
      in the US, I had the notion, but now everything is different. I began seeing incredible returns on my investment.

    • @lewisberg8911
      @lewisberg8911 Год назад +5

      @@mattandersen2458
      Although this is impressive, I really need their help because my portfolio is in such bad form. Please let me know how I can contact her.

    • @mattandersen2458
      @mattandersen2458 Год назад +3

      @@lewisberg8911 She is a highly sought-after advancer, so I'm not sure if she accepts new applicants, but you can try. You can look her up on her website even though it wouldn't be appropriate to simply give out her phone number.

    • @belginberk3443
      @belginberk3443 Год назад +3

      @@mattandersen2458 I checked her out after reviewing her credentials and resume and can see why you said she was probably booked up. Nonetheless, I scheduled a meeting with her.

  • @mrgwd3797
    @mrgwd3797 3 года назад +1451

    No one went to jail and they broke the law . Once again this will happen

    • @dvelop4975
      @dvelop4975 3 года назад +115

      Yeah just have your savings ready to buy

    • @MrCTruck
      @MrCTruck 3 года назад +18

      See you then mate lmao

    • @fredrik2k3k
      @fredrik2k3k 3 года назад +97

      Hold the stonk

    • @lyon9489
      @lyon9489 3 года назад +16

      It feels like in this market most of the great companies have their shit together

    • @donnyzhu9659
      @donnyzhu9659 3 года назад +10

      Time for a big short

  • @ouffouff7374
    @ouffouff7374 2 года назад +8139

    Don’t you love it when you experience two “once in a lifetime crashes” in less than 20 years? What an amazing system we live in!

    • @Shvabicu
      @Shvabicu 2 года назад +541

      It is amazing because these are opportunities of a lifetime

    • @rawk2058
      @rawk2058 2 года назад +171

      Ignorantly Defending the system and dreaming

    • @peterpete4631
      @peterpete4631 2 года назад +79

      Lol, is there another system? One that works better? Covid could not be avoided, since it's human-related. You'd die working for another kind of economic system, but you'd still die. Same thing goes for 2008. You can change the system, but you can't change the way people are. They've been greedy, there weren't enough controls at the time. Just change the system, add controll. But people will still be as greedy, and will find another way to fuck up, trust me. We aren't as smart as we think, we are just evolved monkeys that constantly try to hide their animal instincts.

    • @KainDestinedAscension
      @KainDestinedAscension 2 года назад +300

      @@peterpete4631 there is another system, it's called a scary word for americans, that being socialism

    • @dylanung3158
      @dylanung3158 2 года назад +267

      @@Shvabicu Wouldn't call it opportunity of a lifetime when millions lose their jobs. Sure you can buy the dip but that's assuming you have enough cash to invest and survive the recession

  • @williamculligan
    @williamculligan 10 месяцев назад +615

    Often times the best way to outperform the market amidst fall is usually to earn more and wait it out, but considering how down bad we are soaring inflation, I’m on the clock and I can’t help but panic considering I should be retiring soon, how do I grow my stagnant reserves of $3million I’m running out of options.

    • @Gabrielle..
      @Gabrielle.. 10 месяцев назад +3

      Things are actually way worse than the government admits it is, y’all stay safe out there hope we don’t end up in hyperinflation.

    • @williamculligan
      @williamculligan 10 месяцев назад

      I’d really appreciate the information, finding your financial advisor was a simple process. Before we planned our phone call, I made a research of his full names online, based on his online resume he appears to be smart and well accredited..

    • @luis-gabriel1
      @luis-gabriel1 10 месяцев назад

      I've been making more than six figures passively investing with John Desmond Heppolette, who showed me the right community to join and grow mv finances and I don't have to do much work. It doesn't matter if the market is crashing, I will always make returns.

    • @nick9602
      @nick9602 9 месяцев назад +1

      Don’t fall for these bullshit bots people^^^this “john” person is probably just a scammer😂 You can find similar comments made by other bots referring to different scammers all over this comment section and one like it. It’s really pathetic what lengths some people will go to just to scam.

    • @sabalisigns4474
      @sabalisigns4474 25 дней назад

      You "guys" (bots) forgot to put your comments in order. If you are trying to scam at least reply to his comment AFTER he posts not BEFORE

  • @DanielPanuzi
    @DanielPanuzi 8 месяцев назад +288

    What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio.

    • @RickWatson-xu6gw
      @RickWatson-xu6gw 8 месяцев назад +4

      Amidst recession, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor

    • @albacus2400BC
      @albacus2400BC 8 месяцев назад +3

      The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look I’ve netted over $450k in the past 10months.

    • @NormanGhali
      @NormanGhali 8 месяцев назад +3

      I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?

    • @albacus2400BC
      @albacus2400BC 8 месяцев назад +2

      I started out with an FA named *Sharon Louise Count* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

    • @MikeS-mt2tz
      @MikeS-mt2tz 8 месяцев назад

      Short sell so you make money as it goes down

  • @russellpuff1996
    @russellpuff1996 3 года назад +1090

    "The opening bell is about to ring in 5 seconds, but to be honest with you, I wish it wouldn't." I'm fucking dead. XD

    • @dannycheek5240
      @dannycheek5240  3 года назад +21

      Its the best part of the vid. Make sure to subscribe!

    • @soldiernew5187
      @soldiernew5187 3 года назад +14

      @SEAN PETAIA around 1:25
      P.S.
      Buy AMC stock

    • @ScottRothsroth0616
      @ScottRothsroth0616 3 года назад +3

      Timestamp 1:16.

    • @realSamAndrew
      @realSamAndrew 3 года назад +5

      RIP Mark Haines. He also called the bottom on the exact day. They just sold an NFT for that clip from 2009.

    • @soldiernew5187
      @soldiernew5187 3 года назад +1

      @@realSamAndrew wonder who will get it this year? Cramer? Pftttttt 🤣

  • @beanzor
    @beanzor 2 года назад +4100

    I was 11 when this occurred. I didnt even remember this occurring but I do remember my parents talking about it at the dinner table. To many folks, 2008 was a horrible year, but to me (as a kid) It was the happiest time of my life. I just played video games, hung out with friends, watched TV, all without worry. I miss being a kid.

    • @AlexTaylorAlex
      @AlexTaylorAlex 2 года назад +167

      '97 babies 💪
      Same here, I remember gta 4 came out that year, it was good times.

    • @sings83
      @sings83 2 года назад +51

      We all miss being a kid! I had just graduated college a year prior to this crash. The job market was already bad and this made it worse. We were blessed to suffer any major losses though.

    • @fuarrkk
      @fuarrkk 2 года назад +4

      thanks for the info

    • @eccentricgamer4111
      @eccentricgamer4111 2 года назад +46

      Same here. I hardly remember anything about the recession, it was just business as usual for my carefree young self. Either my family was fortunate enough to avoid the worst of it or I was just too young to understand what was happening.

    • @keeratpanwar1499
      @keeratpanwar1499 2 года назад

      @Aiden same here brother

  • @Cristian_M_
    @Cristian_M_ 3 месяца назад +18

    Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life❤❤

    • @geralyncainglet2626
      @geralyncainglet2626 3 месяца назад

      Cypto is a whole different ball park. I would only invst funds in it that you are willing to lose or don't need. In terms of day trding cypto I don't keep an eye on anything at the moment except XRP. Wouldn't be the right guy for day trding cypto

    • @thylda7877
      @thylda7877 3 месяца назад

      It’s been so rough for me trading on my own because I have had much losses. Think the real market is manipulated. Please can anyone help me out or tell me what I’m doing wrong

    • @clydeorlan2615
      @clydeorlan2615 3 месяца назад

      I came about Stacy by a friend of mine and that is how I keep on trding over three months now. She had really made name for herself

    • @ramadhanipongela1360
      @ramadhanipongela1360 3 месяца назад

      Stacy Griffin is legit and her method works like magic

    • @ramadhanipongela1360
      @ramadhanipongela1360 3 месяца назад

      She made it more easier even when I thought it's difficult

  • @williamyejun8508
    @williamyejun8508 8 месяцев назад +286

    I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading, but then again what do I really know? I'm just looking for the right moves to grow and hedge my stagnant reserve of $370k from inflation.

    • @alexyoung3126
      @alexyoung3126 8 месяцев назад +2

      This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.

    • @jessicamoore3093
      @jessicamoore3093 8 месяцев назад +2

      Wow! This is great! How about you recommend your financial advisor, please? I could really use some help.

    • @jessicamoore3093
      @jessicamoore3093 8 месяцев назад +2

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @joeyevans7450
    @joeyevans7450 2 года назад +7910

    My dad lost his job in 08 because of the crash. I’m one of 5 kids, and we were forced to live in a one bedroom apartment because that’s all we could afford. My parents are very generous with their money and donated 500-1000 dollars every year to charity. They decided in 08 that they should still give the money to charity. One month later, my dad got a call from the local high school. They hired him, he’s now the head football coach of the team, he’s won 3 state titles, and got promoted to principal, and is retiring at the age of 52 next year. Goes to show how good always comes from giving.

    • @thegodofsilence5580
      @thegodofsilence5580 2 года назад +721

      I’ve given 15k dollars to charity and I now live in my parents guest bedroom good does not come to those who give

    • @joeyevans7450
      @joeyevans7450 2 года назад +305

      @@thegodofsilence5580 be smart with what you give too; don’t give up 15,000 dollars if that’s all you have. My parents could afford giving up some money while still getting by, although it was tough in 08.

    • @noctuh.
      @noctuh. 2 года назад +81

      @@thegodofsilence5580 maybe cause of what you just commented I doubt the father was expecting for his life to turn around just for giving all he could he did it cause it was a good thing to do regardless of a reward

    • @emmanuelquerol
      @emmanuelquerol 2 года назад +29

      @@thegodofsilence5580 it won't come quickly, it'll take time.. and also, how come you had 15k but living with your parents? where did you get the money?

    • @emmanuelquerol
      @emmanuelquerol 2 года назад +26

      @@thegodofsilence5580 it's time to be self sufficient dude, dont get close friends, just acquaintances, don't consider anybody as your close friend because there will be none, they only care about their own happiness and fun, the people close to you dont care about your suffering because they find it boring, so avoid those people.. then a few years from now, you'll be in a better situation, without the help of anybody.. succeed on your own and treat no one as your friend.. yourself is your friend who can help you in times of needs.. walk through the city streets all alone, dont look back at anyone.

  • @kodyeldridge5847
    @kodyeldridge5847 3 года назад +830

    "Be greedy when others are fearful."

    • @yoyob44
      @yoyob44 3 года назад +94

      buy when there's blood in the street, even if it's your own

    • @MrBastion1000
      @MrBastion1000 3 года назад +18

      Catch a falling knife

    • @jimmcneal5292
      @jimmcneal5292 3 года назад +22

      And fearful when others are greedy

    • @shaneness6885
      @shaneness6885 3 года назад +3

      Oracle of Omaha

    • @tek6423
      @tek6423 3 года назад +7

      Much easier said than done.

  • @charleskaren3948
    @charleskaren3948 9 месяцев назад +230

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

    • @pierrelouis6841
      @pierrelouis6841 9 месяцев назад

      The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

    • @nicolasadrien5100
      @nicolasadrien5100 9 месяцев назад

      The stock market rally run is gone, but I'm not
      sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $300k reserve.

    • @gabrieljules2424
      @gabrieljules2424 9 месяцев назад +1

      ​@@nicolasadrien5100the market is profiting if you are using a good broker or account manager to help out with trades or provide signals

    • @guillaumeclement2363
      @guillaumeclement2363 9 месяцев назад

      Making touch with financial advisors like Kimberly Kent who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.

    • @adrienjulien5573
      @adrienjulien5573 9 месяцев назад

      Her strategy trade EUR/USD is quite impressive and her currency pairs are 100% beneficial. With her help I've been able to leave my 9-5

  • @SHARKNADO_2006
    @SHARKNADO_2006 10 месяцев назад +13

    I can't believe I lived during this as a young kid. It doesn't even feel like it happened to me

    • @user-ex7lc2rc4l
      @user-ex7lc2rc4l 9 месяцев назад

      Because you were not earning or incesting. Use ur senses broo

    • @SHARKNADO_2006
      @SHARKNADO_2006 9 месяцев назад

      @@user-ex7lc2rc4l no shit

  • @kollective3608
    @kollective3608 2 года назад +9578

    I love how everyone’s sharing their stories. My family decided to move to America in 2007 for the American dream lmaoo, I really can’t think of worse timing.

    • @aaryanexplores5764
      @aaryanexplores5764 2 года назад +144

      holy moly

    • @donglebookpromax6405
      @donglebookpromax6405 2 года назад +561

      That timing was probably pretty good, house prices were really low

    • @land2097
      @land2097 2 года назад +42

      @@donglebookpromax6405 it was a bubble

    • @donglebookpromax6405
      @donglebookpromax6405 2 года назад +362

      @@land2097 that’s my point, it was a good time to buy right after the bubble popped

    • @muraddiab6393
      @muraddiab6393 2 года назад +475

      I know a guy who quit his job to pursue comedy full time four days before the pandemic hit.

  • @GhostTraderz
    @GhostTraderz 2 года назад +8256

    The best buying opportunity of a lifetime!

    • @mistahozzy
      @mistahozzy 2 года назад +463

      The government bailout of banks during the crash was the main reason bitcoin was invented

    • @christopherhiggins4249
      @christopherhiggins4249 2 года назад +187

      @@mistahozzy Bitcoin was invented to sell from people with no trace.

    • @mistahozzy
      @mistahozzy 2 года назад +368

      @@christopherhiggins4249 is that what cnn told you? The inventor specifically mentions the banks bail out. It’s no coincidence there’s a limited supply unlike fiat cash.

    • @christopherhiggins4249
      @christopherhiggins4249 2 года назад +62

      @@mistahozzy I don’t watch cnn bud. Maybe you should turn off the news.

    • @mistahozzy
      @mistahozzy 2 года назад +153

      @@christopherhiggins4249 I never mentioned I watched the news

  • @mattwilliams3104
    @mattwilliams3104 10 месяцев назад +21

    The crash caused tourism to drop in my hometown and ended up putting my parents restaurant out of business. They were super successful with their business for the first 8 years and in the matter of three years they had to declare bankruptcy.

    • @RetardskillMe
      @RetardskillMe 9 месяцев назад

      Hate to ask this, but how? If they were successful for 8 years, they should have made some money..

  • @doriradden483
    @doriradden483 5 месяцев назад +436

    *Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.*

    • @BRAINBABBOTT-2233_
      @BRAINBABBOTT-2233_ 5 месяцев назад

      Gold and copper remains the best investment to venture in, especially as a beginner, it’s not always affected by the downturn of the market

    • @daviddayerl9381
      @daviddayerl9381 5 месяцев назад

      ​@@BRAINBABBOTT-2233_I won't recommend gold and coop although it's a good investment. I'II suggest digital assets as it's the best future investment. It's advisable to seek financial assistance based on your available capital and area of interest or preference.

    • @DavisFreeman-nu1cu
      @DavisFreeman-nu1cu 5 месяцев назад +1

      I don’t rust them. They all gamble about the same thing which they are not even sure of. It's a waste of time

    • @ArturoM.Dykstra-55
      @ArturoM.Dykstra-55 5 месяцев назад

      ​@@MichaelPraise-bm3dmFinding financial advisors like
      Patricia strain who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @ArturoM.Dykstra-55
      @ArturoM.Dykstra-55 5 месяцев назад

      Patriciastain

  • @DOPEdwarf
    @DOPEdwarf 2 года назад +4931

    Family lost the house, parents divorced, mother moved into upper poverty, father moved into my grandparent's home as his business declined dramatically. I was around 10-12 years old. This whole experience still scarred me and informs so many things I do. Luckily both my mother and father recovered nicely but the paranoia is still there

    • @ginger_breadman
      @ginger_breadman 2 года назад +105

      Huh … did they put all their money in stocks?

    • @TheCosmicGuy0111
      @TheCosmicGuy0111 2 года назад +74

      Welp hope they’re ready for the one to come….

    • @andis9076
      @andis9076 2 года назад +89

      I lost my job back than, many parents in neighbourhood as well and they have to sold their house and move to different state where they can get a job. It was really scary back then.

    • @guysumpthin2974
      @guysumpthin2974 2 года назад +67

      It’s not paranoia , it’s a very realistic sense of expecting disappointment/disaster. All the large banks , insurance, stock market … from so many angles added to the problem

    • @trustmebro8500
      @trustmebro8500 2 года назад +12

      Did your parents get back together?

  • @iFerg
    @iFerg 3 года назад +3788

    Ha, this has nothing on the people that bought GME at $496

  • @Jessicatorres_768
    @Jessicatorres_768 7 месяцев назад +118

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.

    • @alicebenard5713
      @alicebenard5713 7 месяцев назад

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @SophiaBint-wj8wn
      @SophiaBint-wj8wn 7 месяцев назад

      I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser

    • @Jessicatorres_768
      @Jessicatorres_768 7 месяцев назад

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @user-cr8nd1sy8e
      @user-cr8nd1sy8e 7 месяцев назад

      I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

    • @KatherineAnderson-lm8bw
      @KatherineAnderson-lm8bw 7 месяцев назад

      Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

  • @Josh-Jones
    @Josh-Jones 8 месяцев назад +21

    And then came the fed to the rescue, creating the biggest bubble in history

    • @mekaniklboltmb4880
      @mekaniklboltmb4880 2 месяца назад

      "NO YOU ARE JUST CREATING A BUBBLE!"
      "Haha money machine go BRRRRRRRRR"

    • @CaiqueDeQueiroz
      @CaiqueDeQueiroz Месяц назад

      Blackrock is on the way 🚀🚀

  • @BoxOfKleenex
    @BoxOfKleenex 2 года назад +5623

    I remember I just started college a year after this happened, so a ton of older students were coming back to school since the recession tanked their careers. I was majoring in art at the time. All the adults in my classes urged me to find a "recession proof" career so I didn't "end up" like them. I switched my major to math and statistical analysis because I feel like visualizing data is still "artsy". I'm so glad I listened to all those kind strangers now with the current economy.
    Edit for everyone butthurt in the comments: I chose to switch majors because math gave ME PERSONALLY more financial stability. I PERSONALLY didn't find majoring in art fulfilling enough for ME. If YOU we're successful with YOUR art major choice in life, then good for YOU! Not every single comment on the internet is a personal attack on YOU.

    • @s3oood2008
      @s3oood2008 2 года назад +182

      Good girl

    • @bigdogstatus4528
      @bigdogstatus4528 2 года назад +363

      Good for you glad to see someone actually take advice instead of ignoring them and complaining when the thing they were warned about happens

    • @shparto1118
      @shparto1118 2 года назад +155

      @@bigdogstatus4528 Oh yeah basing your major life choices on the opinion of people who know little to nothing about you sounds very reasonable lol

    • @Aldo-lq8fd
      @Aldo-lq8fd 2 года назад +24

      How does math compare to what you wanted to do originally? As in, are you happy with your choice to change?

    • @BoxOfKleenex
      @BoxOfKleenex 2 года назад +136

      @@Aldo-lq8fd I do BI visualizations so it's super artsy! I'm very happy.

  • @Bamaedc
    @Bamaedc 2 года назад +712

    This destroyed my family. I was 12 when this happened. Lost cars my childhood home. Parents divorced, my future snuffed. My dad got super into survival preparation because he thought the country was going to fall.

    • @lashlarue7924
      @lashlarue7924 2 года назад +121

      I was reduced to driving a tractor trailer long haul. I had been a financial analyst. I lost all my friends and watched my relationships sour. I ended up having to sleep in a storage unit. I feel your pain; you are not alone.

    • @mspaic10
      @mspaic10 2 года назад +16

      Was you family over-leveraged?

    • @MarcusT86
      @MarcusT86 2 года назад +14

      Just don’t fucking dance, okay?

    • @4777hamza
      @4777hamza 2 года назад +20

      you father & mother are responsible for not setting themselves up for failure - not the market.

    • @rayallen9166
      @rayallen9166 2 года назад +84

      @@4777hamza literally everyone was fucked over during this. That was probably the most ignorant thing someone could say and you said it

  • @alicegomez7232
    @alicegomez7232 4 месяца назад +718

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @selenajack2036
      @selenajack2036 4 месяца назад +3

      It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.

    • @mesutserim1595
      @mesutserim1595 4 месяца назад +4

      Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.

    • @lucasanderson8993
      @lucasanderson8993 4 месяца назад

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @mesutserim1595
      @mesutserim1595 4 месяца назад +3

      Heather Lee Larioni… that’s my advisor’s name. Thank me later.

    • @stevensmiddlemass2072
      @stevensmiddlemass2072 4 месяца назад +2

      Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

  • @user-ny5xe2hx7t
    @user-ny5xe2hx7t 7 месяцев назад +615

    My journey has been truly remarkable. I went from experiencing significant losses without any substantial profits to turning a modest $5000 investment into an impressive $25000, all thanks to the steady weekly returns I've been receiving.

    • @AnaOliveira-io1hx
      @AnaOliveira-io1hx 7 месяцев назад

      That's seriously impressive! Could you share some tips or strategies that helped you achieve such remarkable growth?

    • @JacolienVos
      @JacolienVos 7 месяцев назад

      Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?

    • @LisaCunningham-bn7qv
      @LisaCunningham-bn7qv 7 месяцев назад

      Copy Trading' with a focus on major currency pairs like EUR/USD and GBP/USD has streamlined my path to success by leveraging expert traders' skills, especially as I'm still in the learning phase

    • @GeraldBarnett-su8vo
      @GeraldBarnett-su8vo 7 месяцев назад

      so personally, I can vouch for the effectiveness of my current trader, Mrs. Shanita Creswell, she operates out of the USA. Her strategies have been generating substantial profits for me. If you're curious about strategies that truly work, she's a great example to consider

    • @DeborahPearson-ng2cs
      @DeborahPearson-ng2cs 7 месяцев назад

      Isn't that the very Shanita Creswell that my neighbors have been discussing lately?

  • @smartcontract7929
    @smartcontract7929 3 года назад +791

    The legend says that same day Satoshi locked himself in his room with his computer.

    • @RaulDragonLord
      @RaulDragonLord 3 года назад +85

      @@DaveReithmiller1983 yes, clearly. lol

    • @Jessrobbie
      @Jessrobbie 3 года назад

      Trading in crypto or stock require an expert, account analyst or you win today and below off your entire account the next day. That's why you need expert like Tracy Monroe trade for you 👌

    • @kelvinroyy9196
      @kelvinroyy9196 3 года назад

      @@Jessrobbie Hey
      I did invested with her , i made huge profits
      Thanks for recommending her

    • @muhdgarba5503
      @muhdgarba5503 3 года назад +1

      @@Jessrobbie Hey can you connect me to her?

    • @Jessrobbie
      @Jessrobbie 3 года назад +1

      @Leila Denmark wow surprised.. I thought people don't about her

  • @tripnils7535
    @tripnils7535 3 года назад +517

    "OMG Apple down 7%, Ebay down 6% panic!!!"
    TSLA traders: "Totally normal phenomenon, will rebound eow, buy the dip stocks on discount."

    • @harwinderthakur9708
      @harwinderthakur9708 3 года назад +1

      That 7% or 6% carried on more than a day.

    • @harambe4656
      @harambe4656 3 года назад +6

      im now 47% down with NIO

    • @illitero
      @illitero 3 года назад +2

      When you've got a CEO able to manipulate the market to his advantage because of a generally sycophantic public, then yeah, you're almost guaranteed to be fine haha

    • @tonyOn1ce
      @tonyOn1ce 3 года назад

      Considering how big a 6 and 7 percent dip is that's very big and a lot of money.

    • @anshumaanthakur1413
      @anshumaanthakur1413 3 года назад

      @@illitero exactly.

  • @exiledmonastic4650
    @exiledmonastic4650 10 месяцев назад +58

    so easy to look back at this in hindsight but i can only imagine how terrifying it must have been in that actual moment for people

    • @themetalhead1463
      @themetalhead1463 9 месяцев назад +2

      I was in my 30s and it wasn’t scary at all. I didn’t have money in the stock market, I didn’t work for a publicly traded company. It actually got better for me because we had deflation.

    • @Kyalaen
      @Kyalaen 9 месяцев назад +3

      You're in luck, you might get to see it again real soon!

    • @jpdprophotography6693
      @jpdprophotography6693 9 месяцев назад

      Give it 12mths you might not have to imagine.

    • @jenislyjensen
      @jenislyjensen 9 месяцев назад +2

      In 2008 I think I was around 14-15 years old. I remember many lost their jobs. But in my country, we were still safe compared to America.
      Greetings from Denmark 🇩🇰

    • @user-vu9dg3lq2i
      @user-vu9dg3lq2i 9 месяцев назад

      @@jpdprophotography6693that’s what everyone’s been saying the past 5-10 years lol . Stop living in fear dimwit

  • @AmyThrash
    @AmyThrash 7 месяцев назад +4

    The only thing I remember about this crash is my church in Birmingham, AL being prepared because God had told our pastor years before that this would happen. “Economic upheaval is coming...” “People will be throwing their hands up and… jumping out of windows.”
    My church was well prepared and members had even taken their $$$ out of the stock market.
    We were also advised that God would provide for us, and he did. ❤
    Stay close to God, He will always show you things to come.

  • @ryandent8569
    @ryandent8569 3 года назад +1548

    I’m high af and this is exactly what I was looking for. What a nice piece of history

  • @gnizz0021
    @gnizz0021 2 года назад +3293

    My brother worked on Wall Street during this time. Made more money than my whole family combined, heading some department that did consulting work with several major banks. He had lots of contact with people. He knew two guys who committed suicide because of this. They apparently lost millions of dollars. They went from living in penthouses and driving Maseratis to unemployed, living with their parents. They weren’t bad guys either, they had worked their way up honestly and given it their all. My brother took a major hit too, but had a lot of assets and smart investments (mainly gold) so he was more or less fine.
    He says the big banks saw it coming, and they knew exactly what they were doing. He heard from someone who heard from someone in a high stakes meeting that directors of major housing and loan departments threw parties because they had profited so well from the crash.
    Makes me sick just thinking about it. People dying from this, but the VIPs partying because now they have more commas showing when they show their account to the stripper on the pole.

  • @meryannesim2656
    @meryannesim2656 9 месяцев назад +74

    THE BEST DECISION I EVER MADE IN MY LIFE WAS INVESTING IN FINANCIAL MARKET. TRUST ME GUYS,IT PAYS!

    • @MelissaNaschenweng-km3wz
      @MelissaNaschenweng-km3wz 9 месяцев назад +4

      Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.

    • @corey67
      @corey67 9 месяцев назад +2

      Crypto trading is very profitable when you trade well.

    • @isiekwenesuccess2506
      @isiekwenesuccess2506 9 месяцев назад +1

      How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.

    • @isiekwenesuccess2506
      @isiekwenesuccess2506 9 месяцев назад +2

      Just bought $5k Ethereum and $10k bitcoin with the recent dump in crypto I was told it's the right time to buy and get ready for a skyrocket.

    • @sarahclark1796
      @sarahclark1796 9 месяцев назад

      @@isiekwenesuccess2506The only safe reliable,genuine and highly experienced expert I can refer you to is Mr's PAMELA MORGAN

  • @itsmitch2162
    @itsmitch2162 3 года назад +877

    So, I graduated high school in 2009, and my parents didn’t understand why I had a hard time finding a job. Reference for my parents:

    • @jinyboi
      @jinyboi 3 года назад +42

      But we are in 1998

    • @KiRMett
      @KiRMett 3 года назад +37

      Did they not watch the news back then?

    • @itsmitch2162
      @itsmitch2162 3 года назад +13

      @@KiRMett lol apparently not

    • @KiRMett
      @KiRMett 3 года назад

      @@itsmitch2162 🤣

    • @s1n-n3d
      @s1n-n3d 3 года назад

      how are you now?

  • @MrHowardMoon
    @MrHowardMoon 2 года назад +2063

    I remember leaving school in 2008 and the job market had collapsed. Warehouse jobs had stopped hiring 16 year olds because of insurance and so I went to college instead. The course I took was supposed to be 3 days a week, but because of the recession, the tutor wanted 5 days a week work from the college and so he started making us do 5 days instead of 3. When I eventually got into some warehouse work 2 years later, I saw so many people who were working every hour they could to afford their stupidly expensive mortgages that they couldn't afford to begin with.
    EDIT: I'm from the UK.

    • @Craigish93
      @Craigish93 2 года назад +17

      I left the same time with almost every lad at my age wanting to go into a trade of sorts, I knew there was very little apprenticeships remaining if any at all so I decided to go into office work instead were the office was like 18 women to 2 men so I was welcome with open arms so to speak filling the diversity quota, works a bit boring but I've never looked back and in a sorta sick way its thanks to that stock market crash 😄

    • @goqsane
      @goqsane 2 года назад +40

      Bad memories. Please be ready. The market is about to crash in a much larger fashion soon.

    • @hhhqqq3918
      @hhhqqq3918 2 года назад +5

      @@goqsane uno reverse it

    • @mapleleafsfan27
      @mapleleafsfan27 2 года назад +65

      I remember 2008. I made out pretty good. The wife inherited a crapy house on 3 acres I was constantly fixing. It was 2 years of hell living there. In August 2008 Some big developers offered us a lot more cash then that shit hole was worth if we would sell and leave in a 10 days. Put our stuff in storage and lived with family. Then the crash. Took the money and got a nice place for a great deal in November. More then once someone has asked me how come you work at the garbage dump your wife works at a grocery store and you live in a big house in the nicest part of town. One word LUCK

    • @ringo14765
      @ringo14765 2 года назад +4

      Shoulda joined the military...I made out just fine with no debt.

  • @romanporter6049
    @romanporter6049 8 месяцев назад +50

    Man I remember my dad losing everything, parents would argue and it went all downhill, life before the crash was great😢

  • @michaelbread5906
    @michaelbread5906 Месяц назад +3

    I hate bots. Imagine if someone ACTUALLY left behind good financial advice on one of these videos, and not filled to the brim with very obvious scammers.

  • @NajibElMokhtari
    @NajibElMokhtari 2 года назад +8866

    Crypto people be like: lol

    • @pay-o-matteo
      @pay-o-matteo 2 года назад +45

      😩🤣🤣🤣🤣

    • @pembebulut2781
      @pembebulut2781 2 года назад +251

      Crypto would be worse for a short time. When a stock market crashes, it takes commodities with it. Because most of the etfs are bundled with gold and silver. Also when people have huge losses, they try to offset it by selling valuable assets like crypto. The next crash might happen next month most likely. Im keeping away from stocks or cryptos until it becomes discount price

    • @MrDan2912
      @MrDan2912 2 года назад +223

      Crypto people be like: aww shit, btc farted here we go again

    • @pjn-je4hb
      @pjn-je4hb 2 года назад +63

      @@pembebulut2781 Next month most likely. Hahahahaah sure.

    • @pembebulut2781
      @pembebulut2781 2 года назад +28

      @@pjn-je4hb evergrande is like china’s lehman brothers. When did Lehman brothers filed bankruptcy? In September. When did stock market crash? In October. There are more companies like evergrande that are about to collapse with $300B unpaid debt. Only that news made crypto loose 25%. Lets see how that causes domino affect.

  • @thomasphoenix3228
    @thomasphoenix3228 3 года назад +552

    "The opening bell is gonna ring in... Uh... 5 seconds and to be honest with you... We wish it wouldn't."

    • @cbz3237
      @cbz3237 3 года назад +4

      Thank for transcribing

    • @dadeee7776
      @dadeee7776 3 года назад +5

      @@cbz3237 yea this guy is a gem, I didn’t know how to translate that English into English

    • @AA-xk1uv
      @AA-xk1uv 3 года назад +1

      Thanks for that...We none speaking english can not understand fast english.

    • @rhettmeyers474
      @rhettmeyers474 3 года назад +5

      CBZ323 simply highlighting a funny part from the video

    • @thomasphoenix3228
      @thomasphoenix3228 3 года назад +2

      @@rhettmeyers474 The only person who got it. Thank you lol

  • @graceocean8323
    @graceocean8323 11 месяцев назад +216

    People are affected by inflation far more quickly than they are by a stock or property market crisis because it directly impacts their standard of living. The current level of negative market sentiment is not surprising. To survive in this economy, we urgently need your assistance. The ETF/Equity market continues to fluctuate. My portfolio of $370K is laid bare in ruins 🤦

    • @champhallier8468
      @champhallier8468 11 месяцев назад +2

      Indices frequently go from a bear market to a bull market when the news is at its worst and investor confidence is at its lowest. This demonstrates how quickly the direction of the market may alter.

    • @hannahdonald9071
      @hannahdonald9071 11 месяцев назад +1

      @@champhallier8468 You need a Financial consultant to avoid being taken advantage of. They offer personalised advice to individuals based on their risk tolerance and investment capital. They do have a great reputation and some do have a strong track record to go along.

    • @mcginnnavraj4201
      @mcginnnavraj4201 11 месяцев назад +1

      @@hannahdonald9071 Been looking at comparable opportunities in the current market because I know a lot of people who made fortunes from the Dotcom crash and the 2008 crash. Could this consultant who helps you be of any assistance?

    • @hannahdonald9071
      @hannahdonald9071 11 месяцев назад +1

      I've spared myself the hassle that a disorderly market brings. Because of my line of work, I am unable to manage my portfolio, so I simply mimic the trades of SALVATORE FORTUNATO SOFIA, an investment advisor I watched on Bloomberg Business News. These days, the best approach to enter the market is through reading, researching, being patient, and getting advice when necessary. After that, everything went smoothly.

    • @krisfalkenberg
      @krisfalkenberg 10 месяцев назад

      Truth unites
      Walls don't keep the peace, who (x) lives behind fear; fear of one-self , for it denies the truth an another, that nothing lives over its shoulders, that walls discriminate, that only truth will unite. There's land for the wholly, that the consciousness unites with it, and the land, the wholly, that it provides under Yahweh, under a light an under principle for life to prosper, but a dry land is of the resentful and deceitful; that the future lays with the sincere.

  • @anasmas80
    @anasmas80 Год назад +5

    You guys don't understand that the stock crash is the best opportunity to invest, the market will come back to the top again 100%. It's a huge discount that ppl don't appreciate. 🤷‍♂️

    • @demarcorr
      @demarcorr Год назад +1

      weak to strong hands, the composite man buys the dip as he intended, mitigates positions and moves on. shits been happening for at least 100 years

    • @m.cuongnguyen7475
      @m.cuongnguyen7475 11 месяцев назад

      Problem is that not that many have free liquidity on their hand to make it matter

    • @luxurylife7464
      @luxurylife7464 3 месяца назад

      I totally agree. Every investing book I read from the GOATS of investing, say that same thing. Bear markets bring opportunity. Millionaires are made in bull markets. Billionaires are made in bear markets.

  • @Rassamdul
    @Rassamdul 2 года назад +721

    And then the stocks recovered and the rich got richer than they ever had before.

    • @sonofgreatsteppes9497
      @sonofgreatsteppes9497 2 года назад +65

      And the regural folk just got poorer....is there anything new under the Sun?

    • @G1ennbeckismyher0
      @G1ennbeckismyher0 2 года назад +93

      @@sonofgreatsteppes9497 i mean... you only lost money if you sold.

    • @luisarmstrong8084
      @luisarmstrong8084 2 года назад +10

      That’s the plan of the money masters! To take poor people property go watch money masters

    • @G1ennbeckismyher0
      @G1ennbeckismyher0 2 года назад +28

      There are two problems with this line of thinking.
      1. It assumes that the economy is a fixed pie in which if somebody gets rich, therefore somebody else must get poorer.
      2. If the saying "the rich get richer while the poor get poorer" is true, why is the quality of living for the average person substantially higher now than before the industrial revolution?

    • @g.williams2047
      @g.williams2047 2 года назад +6

      Well it was utilized by those in power to get richer via the feds bailing them out.

  • @sacredprovenance
    @sacredprovenance 2 года назад +3327

    Imagine buying the dip at this time

    • @JoeSmith-sx5gw
      @JoeSmith-sx5gw 2 года назад +87

      Or buying puts

    • @Theroadneverending
      @Theroadneverending 2 года назад +31

      Buy da dip

    • @John-X
      @John-X 2 года назад +21

      @@Theroadneverending Ooh Da Dip, good choice

    • @RedsHitpostMedia
      @RedsHitpostMedia 2 года назад +43

      Sure you could but you can never know what the "dip" is or IF itll recover. Because stocks can keep falling and falling until theyre pennies.

    • @sukhmaidickoff
      @sukhmaidickoff 2 года назад +63

      @R If you´re still in Tesla stocks I would sell right away. People must be crazy in order to justify the current pricing of the Tesla stock, considering a company that currently "only" sells 600-700.000 cars a year (compared to Volkswagens 11 million and Toyota about the same) has the 6th-largest market cap of any company in the world. The market Cap of Tesla is the same as the COMBINED market cap of the 9 largest (current) automobile manufacturers. It is simply beyond ridiculous!

  • @prestonmoore9996
    @prestonmoore9996 11 месяцев назад +2

    This was awful, I remember being 13 years old and my father telling me my neighbors dad put a shotgun in his mouth and killed himself because he lost everything.

  • @NicholasBall130
    @NicholasBall130 18 дней назад +5

    Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

    • @Wellerpage
      @Wellerpage 18 дней назад +3

      Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

    • @StocksWolf752
      @StocksWolf752 18 дней назад +1

      Uncertainty... it took me 5 years to stop trying to predict what’s about to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

    • @FarrahBaker467
      @FarrahBaker467 18 дней назад +2

      Could you kindly elaborate on the advisor's background and qualifications?

    • @StocksWolf752
      @StocksWolf752 18 дней назад +1

      The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name, She's established.

  • @boyifyoudont1836
    @boyifyoudont1836 2 года назад +416

    I remember walking home from middle school and saw my mom home from work early. Then my dad called me from our house phone and said your mother just lost her job and to help her take it easy. From that point they did literally everything from collecting rain water to lower our water bill to my Dad working a 9-9 just to keep our house. I didn’t realize just how stressed they were until I understood how bad this recession was many years later.

    • @HughJass-jv2lt
      @HughJass-jv2lt 2 года назад +1

      Good times
      ❤❤

    • @muhammadswalih8923
      @muhammadswalih8923 2 года назад +7

      Collecting rain water bruh how much does water cost in Your Country?

    • @stevensteven9657
      @stevensteven9657 2 года назад +7

      @@muhammadswalih8923 water bills depending on where you live could be crazy like if you live in a place like Nevada which a desert.

    • @muhammadswalih8923
      @muhammadswalih8923 2 года назад +1

      @@stevensteven9657 I lived in Saudi Arabia for 13 years, It is a Desert nation. Water bills weren't an issue. My dad earned like 15,000 dollars a year.

    • @raskult
      @raskult 2 года назад

      @@muhammadswalih8923 it’s just GREED lol. And deception. Companies don’t really need that much money for electricity/water

  • @FOT2010
    @FOT2010 3 года назад +472

    "History doesn't repeat itself, but it often rhymes" - Mark Twain

    • @user-lg3yj2fz2j
      @user-lg3yj2fz2j 3 года назад +12

      More like capitalism fails every 10 years 😭

    • @nhdarling2
      @nhdarling2 3 года назад +1

      History is full of human fingerprints, it's bout to happen cause we like patterns lol

    • @TienNguyen-ry5jz
      @TienNguyen-ry5jz 3 года назад +7

      @@user-lg3yj2fz2j yes and socialism succeed every time in history

    • @TheVallin
      @TheVallin 3 года назад +2

      @@TienNguyen-ry5jz Not sure anyone's ever really tried Socialism. Like real Socialism.. No, that's Communism, it's not the same. No, that's Fascism, very far off. No no no, That's Social Security. Though that's closer but it's still a part of a healthy Capitalist economy. But I agree with the sentiment. Socialism by itself doesn't function. And neither does Capitalism. Got to blend a little of everything to get the right balance. Or not. I'm sure everyone's happy the way it is now. =D

    • @TienNguyen-ry5jz
      @TienNguyen-ry5jz 3 года назад +8

      @@TheVallin I do agree, a mix system works best, I just think we the people should not give the government more and more power everyday. Through the entire human history, Every disaster begins with government intervention. I just don’t want history to repeat itself.

  • @oneiljerry9460
    @oneiljerry9460 8 месяцев назад +149

    I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.

    • @bobbymainz1160
      @bobbymainz1160 8 месяцев назад +1

      That sounds great and what signal do you invest with?

    • @stephaniestella213
      @stephaniestella213 8 месяцев назад +1

      That's awesome and please how do I connect with this broker lady?

    • @IDThief123
      @IDThief123 8 месяцев назад

      @@alexyoung3126How can i get in contact with you

    • @MrFight6666
      @MrFight6666 7 месяцев назад

      Don't look at it if it bugs you that much lol. The volatility this past month is nothing.

  • @shardulthakkar8233
    @shardulthakkar8233 10 месяцев назад +1

    Whenever i have shorted the market and am feeling low i come watch this clip and it cheers me right up

  • @eltaco2433
    @eltaco2433 3 года назад +637

    Gamestop has trained me for a moment like this

    • @pablo_fre5hcobar
      @pablo_fre5hcobar 3 года назад +32

      This is the way

    • @jakewallace9060
      @jakewallace9060 3 года назад +21

      @@pablo_fre5hcobar This is the way. We might as well call ourselves a cult now.

    • @instalivetalentshow3424
      @instalivetalentshow3424 3 года назад +2

      @@jakewallace9060 💀💀

    • @Stoneface_
      @Stoneface_ 3 года назад +8

      Crypto taught me this. I'm basically immune to market volatility...

    • @chillfuturist9668
      @chillfuturist9668 3 года назад

      Only trading options from being priced out of markets and crypto allows me to snort volatility off the toilets of dive bars.

  • @ryanwhittier7314
    @ryanwhittier7314 2 года назад +1410

    2008/2009 hit my parents hard. Having only been 10 at the time, i didn’t know what was happening, nor could i fathom it as they kept it on a downlow for myself and my little brother’s sake. Found out later that because my great grandfather passed on in Christmas of ‘09 and because he wanted us to have the house he built back in the ‘50s, we just narrowly escaped living on the street.

    • @jdbhatts2912
      @jdbhatts2912 2 года назад +31

      Shit I sure am glad for you

    • @Justinian169
      @Justinian169 2 года назад +33

      Similar situation. I just started to drive around this time and remember 5$ barely getting me enough gas to get to school. Gas prices were crazy. I was working in a restaurant and it was so dead for so long it was bad. I observed it first hand at 15-16 and now understand how to manage risk to avoid this bullshit.

    • @garden0fstone736
      @garden0fstone736 2 года назад +39

      I remember my dad was buying all kinds of new plasma TVs and electronics and was living large then the next thing I knew my mom was screaming what are we gonna do in the kitchen when my dad was laid off months later. Kept hearing them talking about losing the house. It was a dark period. You can just feel the fear. Scary stuff I was about 13 when it happened. Still couldn’t fathom it. But life at home changed. Mom started working a lot. Dad was home all the time. Eventually he started doing his own small business but it was just such a shock. But I also had a grandfather that was pretty wealthy and helped them through it. All of the sudden I haven’t been to a doctor until I moved out on my own 10 years later.

    • @iremo1977
      @iremo1977 2 года назад +7

      Sorry to hear such experiences in life when you were supposed to be playing care free as a kid. Down the lane nothing seems to have changed pandemic and stuff. Not sure where we are heading to.

    • @alexandrexavier3273
      @alexandrexavier3273 2 года назад +16

      Same here. My parents had a small construction business and in 2007 they invested in a warehouse in another country to meet costumer demand and reduce logistics costs. My father was abroad when shit hit the fan in my country. Suddently all costumers stopped to pay. Funny thing is when there is a lot of money circulating and people have status they can ask for whatever credit they want and you would loose a huge deal if you denied it. My mother cried everyday. Bills started to pile up as she felt the moral obligation to keep the business running because of its 15 employers, including a bunch of relatives. I was 13 at the time and i didnt know what to do but to keep supporting her. A lot of family friends suicide because of debt, others fell into alcholism and never were the same. In 2011 my mother decided to close the business and all the workers trash talked my family, although the 3 years of pain we had to endure for them to not be jobless. I dont wish even to my enemies to live like that. All because of wallstreet speculation. Fuck all of them.

  • @RichV20
    @RichV20 9 месяцев назад +42

    I was living in my Rust-belt city hometown at the time and the 2008 economic crash had little impact. My city suffered massive steel mill closings during the 80s Reaganomics, sunk to an economic nadir during the Tech Boom 90s, and struggled through county budget crisis of the early 2000s. The city's economy started to climb back actually show life during the 2008 meltdown. Real estate had been stagnant for so long that it was the only US city where housing prices were rising during 2008-09 the housing market collapse.

  • @cailathornton1313
    @cailathornton1313 2 года назад +682

    I remember being in high school in accounting class. Our teacher was actually letting us watch this news. I can’t imagine how this news would feel to me now as a 30 YO who knows what news like this means.

    • @chupapibingbong
      @chupapibingbong 2 года назад +10

      Well you might get an answer on how that teacher might turned out now if you still stay in touch
      If he's still teaching, he fucked it.

    • @smalfable
      @smalfable 2 года назад +6

      Ikr? I'd be so damn screwed right now. I didn't fully comprehend how much people lodt during this time as a teen.

    • @stevenbonilla7276
      @stevenbonilla7276 2 года назад +5

      Well get ready for another one this year or next year

    • @burningmachine6200
      @burningmachine6200 2 года назад +1

      @@stevenbonilla7276 Why because of covid ?

    • @stevenbonilla7276
      @stevenbonilla7276 2 года назад +10

      @@burningmachine6200 nah COVID is the one of the least important factors. The main factors are inflation, big Real estate firm that went bankrupt and own trillions of dollars to thier investors, thousands if not millions of investors in the stock market that are betting against hedge funds and banks, and the treasury running out of money to print.
      P.S. The inflation rates right now are the same if not more than it was in 2007

  • @RSI24
    @RSI24 3 года назад +695

    I wish I was old enough to invest then. I would had gone on a shopping spree of those discounted stocks.

    • @ronaldosmth
      @ronaldosmth 3 года назад +57

      Stonks*

    • @MultiQuikscopez
      @MultiQuikscopez 3 года назад +160

      you had another chance in march

    • @alieosharp3083
      @alieosharp3083 3 года назад +72

      You'll have another chance rather soon...

    • @toluoshinowo6505
      @toluoshinowo6505 3 года назад +39

      @@alieosharp3083 true. Summer sale is coming

    • @David28311
      @David28311 3 года назад +2

      It’s coming again soon get your wallet ready

  • @trustyrex1014
    @trustyrex1014 Год назад +3

    My dad talks about the 2008 recession with 1000 mile stare like he’s having a nam flashback

  • @MarinaArtDesign
    @MarinaArtDesign 4 месяца назад +1

    2008 - if you were alive, no matter what age, and you did not buy stock, houses, land, anything.... you are regretting it forever.

  • @CJ-wright
    @CJ-wright Год назад +3268

    Why you should start accumulating undervalued stocks.
    Later, when stocks begin to rally, short-term investors, day traders, technical analysts, brokerage firms and news media work for long-term investors and help stocks rise significantly.
    Let them work for you.

    • @Brittany-reeds
      @Brittany-reeds Год назад +5

      Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

    • @Victoriataylor5668
      @Victoriataylor5668 Год назад +4

      @@Brittany-reeds That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on.

    • @Rubyeverly-Jessica
      @Rubyeverly-Jessica Год назад +3

      @@Victoriataylor5668 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?

    • @Victoriataylor5668
      @Victoriataylor5668 Год назад +4

      @@Rubyeverly-Jessica Having a counselor is essential for portfolio diversification. My advisor is ALICE ELAINE HAYHURST who is easily searchable and has extensive knowledge of the financial markets.

    • @Rubyeverly-Jessica
      @Rubyeverly-Jessica Год назад +2

      @@Victoriataylor5668 Thank you for this wonderful advice. I simply Googled the person's name, discovered her website, and wrote to her outlining my financial market objectives. I hope she gets back to me soon. Gratitude once again.

  • @lyxnick
    @lyxnick 3 года назад +330

    "you can't look at it after you buy it cos it's so horrible"
    My investment story in a nutshell.

  • @JJoa74
    @JJoa74 3 месяца назад +2

    "several years to recover" Bruh I feel the world never recovered from that.

  • @Judynowakowski
    @Judynowakowski 5 месяцев назад +72

    🎉Hit £500k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with £20,000 June 2022.❤️

    • @bethanharvey
      @bethanharvey 5 месяцев назад

      It's strange how people talk about all the profits they have been making through trading of crypto, while am here making huge losses. please can someone put me through on the right path or at least advise me on the strategy to follow.

    • @Jonathankirchner_
      @Jonathankirchner_ 5 месяцев назад

      Making touch with financial advisor like Kathleen Susan who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.

    • @wilfredmcalister
      @wilfredmcalister 5 месяцев назад

      Yeah that's right I think the best watch is to invest with a professional, at least it saves the trauma of too much losses. This just surprised me because I also invest with Expert Mrs Kathleen Susan

    • @Stevenmurray_
      @Stevenmurray_ 5 месяцев назад

      Kathleen Susan is an expert, she invested my 3.6Eth to 7.5Eth in the space of 2 weeks, she is so consistent and reliable. God bless her for me. She has been a blessing for me and my family since trading with her

    • @Michaelwarmbierton
      @Michaelwarmbierton 5 месяцев назад +1

      I started my investment journey with £5,000 but now earning up to £22,000 in profit lol 😘, so excited!

  • @vincentdemartini1468
    @vincentdemartini1468 3 года назад +374

    1:19 “The opening bell is going to ring in 5 seconds and to be honest we wish it wouldn’t” 😂😂

  • @tekc0der
    @tekc0der 3 года назад +624

    A 700 down day is just an evening session now

    • @Traderkishore
      @Traderkishore 3 года назад +75

      Percentages matter more than mere numbers.

    • @juanio7036
      @juanio7036 3 года назад +50

      Yes, but the Dow is 30000 now as a pose to 9000 back then

    • @osamabinladen824
      @osamabinladen824 3 года назад

      Exactly

    • @johnmaloney4489
      @johnmaloney4489 3 года назад +6

      a 700 point drop back then is equivalent to a 2100 point drop now

    • @what.3133
      @what.3133 3 года назад

      @@juanio7036 dyou... Dyou mean as opposed to?

  • @larrymark1399
    @larrymark1399 6 месяцев назад +25

    BUILDING WEALTH INVOLVES DEVELOPING GOOD HABITS LIKE REGULARLY PUTTING MONEY AWAY IN INTERVALS FOR SOLID INVESTMENTS. FINANCIAL MANAGEMENT IS A CRUCIAL TOPIC THAT MOST TEND TO SHY AWAY FROM, AND ENDS UP HAUNTING THEM IN THE NEAR FUTURE. PUTTING OUR TIME AND EFFORT IN ACTIVITIES AND INVESTMENTS THAT WILL YIELD A PROFITABLE RETURN IN THE FUTURE IS WHAT WE SHOULD BE AIMING FOR.

    • @Graysonmatthew3544
      @Graysonmatthew3544 6 месяцев назад

      Assets that can make one successful in life

    • @Graysonmatthew3544
      @Graysonmatthew3544 6 месяцев назад

      1.forex
      2.stocks
      3.shares

    • @haidarose
      @haidarose 6 месяцев назад

      But i don't know why people remain poor due to ignorance

    • @haidarose
      @haidarose 6 месяцев назад

      Forex is profitable and lucrative investment online

    • @Amelia1206
      @Amelia1206 6 месяцев назад

      Natural, there's a lot of math involved in forex trading. but this is often presented in forms of daunting technical charts, indicators, patterns.

  • @user-xb8wn2gw5n
    @user-xb8wn2gw5n 9 месяцев назад +7

    Economic crash in usa
    Meanwhile black rock : 🗿

  • @kanyesassistant
    @kanyesassistant 3 года назад +2325

    The funny thing is this looks like a healthy crypto market 😭😭

    • @harrisonzhu3300
      @harrisonzhu3300 3 года назад +73

      Healthy crypto market? A contradiction in and of itself

    • @kanyesassistant
      @kanyesassistant 3 года назад +35

      @Roy Hundred k I didn’t ask lol. It’s my money why you do worried about it?

    • @Marco-zt2jj
      @Marco-zt2jj 3 года назад +36

      Cryptos don't mean shit, they're virtual lotteries, the price can go up or down and nobody cares other than the bunch of people who bought them. What happened in 2008 affected the whole world's economy for years

    • @TonyRyad
      @TonyRyad 3 года назад +13

      @Roy Hundred Thats why you're broke

    • @AstrologyGames
      @AstrologyGames 3 года назад +3

      @Roy Hundred cap. You’re about to see that it’s not once it’s regulated 🤣🤣 stop spreading false info

  • @billie0429
    @billie0429 3 года назад +1887

    9% drop and they’re freaking out? Man, last month we had a 60% drop in crypto and we are still buying the dip

    • @critterdude311
      @critterdude311 3 года назад +209

      Your account values are milk money, the pros on Wall Street are managing huge account balances.

    • @kamrongerhardt7329
      @kamrongerhardt7329 3 года назад +81

      @@critterdude311 lol the pros on Wall Street MADE money in 2008 what are you talking about. It was the regular working class with “milk money” as you call it who lost.

    • @problemstube7266
      @problemstube7266 3 года назад +12

      Buy the dip.......hope atleast ur children will see the gains in crypto.

    • @Marco-zt2jj
      @Marco-zt2jj 3 года назад +180

      @@billie0429 the 9% drop crashed the world's economy and caused a crisis that lasted for years, cryptos' 60% drop doesn't do anything close to that, that's the difference

    • @seanentrikin9263
      @seanentrikin9263 3 года назад +8

      @@Marco-zt2jj exactly