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Was this "market manipulation", or just dumb bots doing what they do? I'm a normal citizen who holds shares. I remember I got an email alert when the flash cra
by ForHackernews 7y ago
Was this "market manipulation", or just dumb bots doing what they do?
I'm a normal citizen who holds shares. I remember I got an email alert when the flash crash happened, had a minor heart attack, and then reminded myself that I'm investing for the long term and it doesn't matter what the market does on any one particular day. In that case, it wasn't even a whole day before my portfolio had recovered.
Markets need to be fair and transparent, but you can't save people who panic-sell in a crash.
- perl4ever 7y agoYou can't save anyone who gets their idea of a security's value entirely from the price, rather than the other way around. That's the root problem.