The stock market maintained its last bit of glory, even though some people had already seen the signs and withdrew early, yet people continued to flock in.
The next morning, countless people opened the stock market and were immediately hit with a cold splash of water as the market took a nosedive.
In just one night, it dropped by 5%. The new investors were crying in frustration—how come everyone else made money, but they lost as soon as they joined?
The most crucial part was such a steep plunge, but they quickly realized their bad luck, having bought in at the peak.
The market began to shrink, and countless people started frantically selling their stocks.
During a price rise, everyone rushes to buy, pushing stock prices even higher, not just because of the intrinsic value growth, but also due to the rush of people entering the market, as rare goods always find buyers.
