Today, a Korean guy texted me saying that the Korean stock market just halted trading again, with Samsung Electronics and SK Hynix continuously falling. He said this is the worst summer he's experienced as an adult. This year, he envied his colleagues who made a lot of money, so he threw all his savings into the stock market and added 5x leverage. But then the Korean stock market circuit breaker triggered, and he was liquidated directly—losing five years' worth of savings in one go.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned