Day Traders During the Dotcom Bubble (1999–2000)
Day Traders During the Dotcom Bubble (1999–2000)
Story:
During the Dotcom boom around 1999–2000, tech stocks were rising like rockets.
Many new investors and day traders jumped into the market without understanding
the fundamentals, driven purely by hype and FOMO (Fear of Missing Out).
They made
emotional decisions, buying overpriced tech stocks just because everyone else
was buying. When the bubble burst, many of those stocks crashed to almost zero.
Several traders lost their life savings, and some even left their jobs to trade
full-time—only to end up with nothing.
Lesson:
Making emotional decisions based on hype or fear can be dangerous. Always
research and think logically before investing.
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