Six Major 'Black Swan' Events in the Cryptocurrency World
The cryptocurrency market fluctuates like a roller coaster, and historically, six major 'black swan' events have severely impacted the market, reminding investors to be vigilant about risks:
1. Mt. Gox Incident (2014)
The world's largest exchange MTGOX was hacked, with 850,000 BTC stolen (accounting for 7% of the total), causing prices to plummet by 80%, leading to a collapse of faith.
2. China's 94 Regulations (2017)
Domestic ICOs were halted, leading to a collapse in token prices, with BTC dropping by 32%, and over 100,000 people's assets shrinking, freezing the industry for a time.
3. Cryptocurrency 312 Crash (2020)
The pandemic caused global panic, halving BTC prices, extinguishing safe-haven expectations, and significantly reducing many investors' assets.
4. China's 519 Regulations (2021)
The central bank named virtual currency trading violations, causing BTC to plummet by 34% in a single day, resulting in a market 'bloodbath'.
5. Luna-UST Collapse (2022)
The algorithmic stablecoin UST lost its peg, with Luna's price plummeting by over 99%, wiping out hundreds of billions in market value, leaving investors with nothing.
6. FTX Exchange Collapse (2022)
FTX, valued at $32 billion, went bankrupt due to financial issues, triggering a trust crisis in the cryptocurrency market, with BTC dropping over 75%.
If anyone feels confused due to market fluctuations, unsure how to deal with being trapped, or feels misled during operations, please feel free to communicate!
