The Blog of faiz1971

Whether it is any financial market or crypto, it has faced chaos. So here we are going to talk about all these things. Hello guys, if you are looking for historical financial crashes along with crypto crashes, then you have landed in the right place. There was a black Tuesday in 1929, and in cryptocurrency, there was a 2022 Meltdown of crypto. We have seen the crashes. Such a painful correction hurts the investors and also the people who are connected to the market. So here we are going to talk about the similarities between these two crashes. So let's start.

First, we are going to talk about the traditional market prices and the crashes like the 2008 crash, which was the reason for Bitcoin's birth, the 1987 Black Monday, and the 1929 depression. So these are the major crises that we can see in the traditional Markets. These multiple crashes Created Economic imbalances, and in such Crashes, Millions of people lost their jobs. Lots of banks and corporations collapsed. In such Times, sometimes even governments cannot help with the crashes because it is uncontrollable.

Now, here we are going to talk about the crypto crashes. And Crypto is not behind. We have seen that the crypto history is shorter because Bitcoin launched in 2009, after a 2008 crash, and since 2009, we have seen multiple crashes in the Crypto market. There was a crypto winter in 2018 and a 2022 crash. That was a big crash, which destroyed Tera USD and also caused major exchanges to fail. When the panic selling starts in the Crypto market, it does not stop because there is no closing bell like the traditional market. Crypto is still a small market, so it harmed the investors who invested in the Crypto, but it has not affected on a big scale and also to jobs worldwide.

So here you can clearly see the difference, which is the scale of impact. Because the traditional market is the entire global economy, which is directly connected to the banks and national currencies, Fiats. It has affected the world. While on the other side, Crypto was affected by its investors, so there is Less impact of cryptocurrency on a global level.

We have talked about the difference; now let's talk about the similarities. When we see both markets and one thing is similar: greed and fear. When we are trapped in a grid or in fear, we lose money. So if you are in the market, then you have to be a robot. You should not be emotional and make not Decision based on emotion.

So it is the cycle, and it sometimes booms and sometimes busts. So you have to be prepared for it, and you have to be careful for it. The most important thing is learning. You should learn from the failures and, based on that experience, you have to prepare for future crashes. Because crashes are an important part of the market, whether it is crypto or any other market, so be careful, and now I am signing off with good luck.

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