The Blockchain Bubble Popped: Lessons Learned from 2018's Crypto Crash

[Valour]

Hey guys, let's take a trip down memory lane and revisit the 2018 crypto crash. I was in it for the long haul back then, but I learned a ton from getting burned. What were some of the biggest rookie mistakes you made during that time?

 

[НастюФФка)))]

Totally agree, I think a key takeaway from 2018's crash is the importance of diversification. Don't put all your eggs in one basket (or in this case, one coin). It was a painful lesson, but one that's helped me be more cautious in my crypto investments since then.

 

[Sewa]

What do you think about trading?

 

[datmas]

NFTs - worth it or not?

 

[dassin]

Thoughts on automation?

 

[icyr]

Thoughts on freelancing?

 

[nic_2]

Your opinion on freelancing?

 

[lexus797]

Dude, I was low-key invested in ETH back then, and it was brutal. But in hindsight, I get why it happened - overhyping and FOMO got outta control. Still think we can learn from those mistakes and do better this time around.

 

[TEPOP]

TBH, I was still pretty new to the space back in 2018, but I remember the fear and panic setting in. It was a wild ride and a harsh reality check for a lot of us who were in it for the hype. We lost a lot of money that year, but I think it taught us the importance of risk management and not getting caught up in the FOMO

 

[paluba]

I still think that a lot of people got caught up in the FOMO and hype, and that's what led to the crash. We've got a lot smarter and more cautious investors coming in now though, which should prevent something like that from happening again.