Reasons Why The Crypto Dream Is Turning Into A Nightmare

No Easy Money

There’s an old saying that if a deal appears too good to be true, then it probably is. Many people jumped on the crypto bandwagon because they believed that it was stupid not to. However, the recent crash left them with eggs on their faces and a hole in their wallets (via CNET).

This huge market crash wiped out two trillion dollars of market capitalization. This is an incredible amount of money and shows how many people bought into the crypto dream. But sadly, many of them lost everything because this is a massive gamble. Unfortunately, it’s too late for most of them now.