Meaning of "basement"
This is a metaphorical expression used to describe a state of despair and emptiness, where values or circumstances continue to plummet to such an extent that there seems to be no end in sight, no matter how far one goes.
"Stock prices kept plummeting, so everyone said, “Surely there can’t be any lower than this?” as if in resignation."
Related slang words
Open your mouth(Figuratively) Refers to the attitude of watching and waiting—keeping one’s mouth open (as if waiting)—for opportunities to buy at the bottom during a market crash or downturn, until there is a significant price movement.BontalAn abbreviation for "breaking even," referring to the act of exiting an investment while minimizing losses or preserving the principal, even if no profit was madePre-reflectionThis refers to the view that future positive or negative events are already reflected in current prices, meaning the market has already anticipated their impact.Domhwang TeaA meme that playfully twists the pronunciation of "run away," jokingly warning people to evacuate before stock prices plummetAccumulationThis refers to the practice in which influential players or major investors quietly accumulate large volumes of shares before driving up the stock price, thereby reducing the supply of shares on the market and creating a favorable foundation for the stock price.PenthouseA term used to describe a situation where investors buy stocks (or other assets) based solely on the expectation that prices will rise further from their all-time highs, leaving them stuck at the "highest point" and unable to exit the marketDelisting BeamThis refers to a phenomenon where a coin slated for delisting experiences a temporary surge in price at the very end, driven by factors such as "manipulation by market players" or short-term positive supply-and-demand dynamics.FactionA power or group that, based on vast financial resources or influence, determines the outcome of a situation or sets the direction of events