May 17, 2022

• @cygnet3471

I have been very keen about the crypto when I heard the first news of public ledger or Blockchain based currencies that boast of decentralization in digital finance in 2012 when I was highschool going child.

In fact, telling you that I was very keen to invest in these luring currencies, but because of non - availability of funds, not having any formal knowledge and more importantly my country did not had any ecosystem to know much about these crypto-currencies.

Although, I have been a very passionate observer and from that period of time (from 2012 ) many crashes has happened in the crypto market due to its volatility but crashes in recent times has been different and they does not give a optimistic sign of near future reversal of trend.

What is the main difference between recent subsequent crashes and past moderating crashes.

Really speaking major crashes at the duration of 4 to 5 months is not a very healthy sign for crypto enthusiast as crypto market is becoming uncertain and unfathomable day by day, depriving people of their hara earned money.

In the recent crash a well-performed crypto LUNA was almost disappeared from the market wiping out billions of doller of people's money. This was one the different case which came to be seen here as this was expected by none. Although , crypto has been popular for its volatile nature but as the market price depends upon people's sentiment but in this also lies a pattern but recent developments negated these claims which require that desperate measures should be taken by crypto analyst to understand the market well.

In my view recent crashes depart from trends which has been in the earlier times imparting uncertainty to the crypto world and i think that this is the one of the major correction as prices of the many cryptos were booming up despite the fact that many cryptos did not had any fundamentals which support the perticular cryptocurrency.

As every market show correction whether is crypto or it is any equity, stocks. There is very fundamental reason behind this and that is when the intrinsic value of the asset increases many times the external value of the asset.

So guys be aware of the market before putting ur hard earned money in to the cryptocurrency.

I am very thankful and i am highly obliged that I got this platform to share my experience and knowledge. I am very thankful to the @TheRandomRewarder for encouraging me.