5 August 2024

The Stock Market just CRASHED - i LOST my life savings... (2024 flash crash!)

5 August 2024 · 8:04

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Summary

A flash crash erased nearly £1,000 overnight; portfolio fell almost 20%, reaching £7,600 and £11,375 total losses on £20,000 invested. Gold mining and Chinese holdings failed to protect him; Tesla gains vanished, while Bitcoin fell 21%, costing about £60. He plans to buy the dip—Tesla, Nvidia, S&P 500, and Bitcoin—while aiming to exit markets next year.

Insight

Catastrophic predictions coexist with confidence in recovery and renewed risk-taking.