>>11593181When the prices of Beanie Babies crashed in late 1999 and early 2000, most people who'd bought them at high prices kept holding them. Only a minority sold and took the loss. Perhaps the market had become so illiquid that most people couldn't tolerate such a large loss.
Maybe it'll be the same for Labubus, but the situation is a bit different. Online resale markets are more established now than in the 1990s. Pop Mart will probably have a steadier hand than Ty (which was erratic: it announced it would stop producing Beanie Babies, then reversed its decision). So maybe it'll be a slower decline and only in certain parts of the world. So more people might sell their Labubus at a moderate loss instead of holding them forever.
