1 Year Ago, My Heart Skipped a beat
Throughout my 9 years in crypto, I have seen and experienced much, but 10/10 was a special event.
$CRO went from $0.19 to $0.06 in a matter of minutes. Dropping -64% in the time of a commercial break.
Liquidations followed for many, providing a valuable lessons about the dangers of leverage, but we did bounce back. Trust though was broken on that day. Trust in a mature and reliable crypto market.
One year later trust is slowly recovering, and the mechanisms causing the price cascade have improved. The crypto markets will continue to grow and prices will restore to their previous highs (NFA), but let 10/10 be a reminder for the incredible risk that crypto bears.
No risk. No reward.