How many black swan events have you experienced in the cryptocurrency circle?
Mentougou incident in February 2014: Bitcoin plummeted 80%, which hit the entire market hard.
September 4, 2017: The regulatory storm swept in, the market value evaporated 80%, and the market changed suddenly overnight.
March 12, 2020: Ethereum plummeted to $80, and market panic spread, as if it were a bottomless abyss.
May 19, 2021: 600,000 contracts were liquidated, and the market staged a brutal long-short duel.
LUNA black swan event in 2022: The DeFi field fell into crisis, and market confidence was severely frustrated.
FTX explosion in 2022: The trust crisis that shook the entire industry, the market was in an uproar.
Have you experienced these tests in these storms? Whether you are a novice or a veteran, every black swan event reminds us: Although there are opportunities in the cryptocurrency circle, there are also huge risks. To be invincible in this ever-changing game, we must always be vigilant and keep learning and improving.
