China’s Stock Market Implodes! Investors Revolt, Losing $20M Down to $8,000, Slapping Themselves

This man in the video is the vlogger called "Big Blue" by stock traders. Recently, he's been getting a lot of hate from netizens because many believed his prediction that the Chinese stock market would surge after the National Day. As a result, a lot of people lost almost all their savings.

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[LoydJohnson-kpjv]

Losing that much in such a short period? But honestly, didn’t some people see this coming? The warning signs were there for ages. I mean, China’s market has always been volatile, and there were concerns about government intervention and slowing growth

[johnbts]

None of these people are investors. They are gamblers with poor risk analysis😢

[jaspervaneck]

If people are shouting "all-in" ... don't.

[benyomovod]

The money is not gone, its just in another pocket

[lisagerman]

Those of us who had Great Depression era parents were drilled with the rule - if you cannot afford to lose the investment in a stock/the stock market, don't invest. Period.

[glum]

Don’t feel sorry for people who throw all their hard earned money into something some guy on the internet promoted. They are just gambling.

[wayneo]

Worked in Atlantic City for years and learned the Chinese LOVE gambling and will bet on anything. The stock market is just another casino to most of them.

[SteamCheese]

Calling these Idiots "Investors" is a tall order. They gambled with money that wasn't theirs, used leverage they couldn't afford and followed vloggers blindly without a speck of skepticism.

They have the survival instinct and critical thinking ability of a depressed lemming.

Is it scummy what the vloggers did? For sure! But they have only themselves to blame that they gambled "all in" on something they barely understood. This is pure financial suicide by stupidity.

[yomin]

Just put your money in an S&P500 index fund bro. Chinese stocks are crazy.

[floxy]

Many people in the West have unrealistic ideas about the stock market but these people veer into the realm of Magical Thinking.

[TJLuhrs]

This is a lesson in greed. A deadly sin.

[waynehewett]

Any one knows the Chinese stock market is nothingbut a big money pit where you lose, all your money

[jeffreyjones]

Who got your money? It’s not gone. It’s the ccp needs your money

[russelbrown]

It blows my mind how many of these people use their parents retirement money to gamble with!!!

[KenApo-kr]

I invest 50$ in stock I lost it all. I play at casino 50$ I lost it but I got free 🍺 beer.

[tylerkuykendall]

Sounds like a scam. With so many investing so much the stocks should be soaring. Smells like bull.

Pump and dump.

[fadzilhashim.]

Now the value of the Malaysian 🇲🇾 Ringgit ( RM ) are rising sharply 😎 .

While the value of the Yuan ( RMB ) are fallen sharply 😏 .

So ironic 😏 .

[tukkajumala]

The three greatest investors in history: Coulda, Woulda and Shoulda.

[KleinArn]

Don't blame the people that you followed. Instead be accountable, and blame yourself for following blindly.

[MTN-]

Stock market is not for the incompetent or the unskilled…Blame yourself if you lose money in it as nobody sent you an invitation to invest