Ever Heard of Tulip Mania
It is starting to look like the crash of tulip mania. Just about all crypto currencies have lost a major part of their market cap. Most alt coins have lost magnitudes in value. This could be the end of a lot of alt coins. There have been many alt coins that have lost just about all of their value in the past. But I don't remember this many cryptocurrencies losing so much value at the same time. This is reminiscent of the pandemic stock market crash. Just check out how much some of these coins have lost in value. Just a few example of the many. Don’t in vest in crypto right now folks.
There is a special case with Terra coin on why it is losing so much value this week. This crypto is by far the worst loser. Its all time high was a little over a month ago. In one week the price of this coin dropped to 20 cents from almost 120 dollars. The all time high is a 6000% increase from its current value. This drop happened in one week.
If you haven’t heard about tulip mania from centuries ago then you must look it up. That is what the chart on Terra looks like.
There is a special case with Terra coin on why it is losing so much value this week. This crypto is by far the worst loser. Its all time high was a little over a month ago. In one week the price of this coin dropped to 20 cents from almost 120 dollars. The all time high is a 6000% increase from its current value. This drop happened in one week.
If you haven’t heard about tulip mania from centuries ago then you must look it up. That is what the chart on Terra looks like.

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quiet Walrus_0257 : Just buy Bitcoin and eth
SpyderCallOP : Agreed. They are the only good ones. But they are collapsing as well right now. Wait for the bottom
quiet Walrus_0257 SpyderCallOP: DCA weekly no one can time the bottom
green x win : if all exchanges collapse the damage is going to spill over to stock exchange as well. time to get out from both
SpyderCallOP quiet Walrus_0257: Right. But if you closely watch volume and strength you can get times when you should pay close attention just in case there is a turn around. To make more money you must enter earlier than everybody else.especially with options
solo invest quiet Walrus_0257: Bitcoin and ethereum are the best. I like ethereum more. Charts are easier to read
solo invest quiet Walrus_0257: Hard to predict a bottom for sure. That’s why you wait for some sort of confirmation
SpyderCallOP green x win: agreed. Things don’t look good. But with crypto things can turn around pretty fast, dont get caught sleeping