An Anonymous Investor On Reddit Claimed He Turned $100,000 Into $2 2 Million, And Says He’s Now Betting Big On A Cruise Line Nclh

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Learning when to quit may be a crucial think about managing your money. As such, informative post punters can set a limit and stop wagering when their losses have reached the set amount. Chasing losses will only open doors for more trouble and, therefore, highly discouraged.

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He became famous for betting against the housing market before the great recession kicked in around 2007 and 2008. He’d invested in GameStop but also said he believed all this behavior was “unnatural, insane and dangerous.” A little over an hour later, the Reddit community was publicly available again, denizens had created a new Discord chat group, and GameStop and AMC stocks were recovering from their sudden slumps. If you’d put down your phone to watch a movie before it happened, you might never have noticed by the time it was done. That appeared to spook investors, who suddenly sent GameStop and AMC stock diving that same time. And it reversed the ban and promised to work with the community instead.

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