In the year 2000, a famous event occurred in the American stock market called the Dotcom bubble. Stocks of all companies related to the internet dropped by about 50 or 60%, which was a catastrophic event in the stock market, unlike even the cryptocurrency market. Those who did not hide their investments at that time and held on to them are now millionaires, as the market has rebounded.
The idea is that any new technology goes through stages. At first, people do not understand it, then they become afraid of it. After that, they start to invest in it, and then a bubble of excitement, greed, and excess occurs, causing the bubble to burst. However, the real value remains.
Bitcoin, Ethereum, and many other major projects are not scams, but actual technological advancements that are set to change the world in the coming years. However, it is natural for human psychology to want large or quick profits. 80% of people have lost their money because they sold at a loss, put in more than they could afford, were in a hurry, or simply did not believe in the field and its value.
The market is now cleaning itself of all the greed and scams, and only true investments that have real and useful applications for humanity remain. About 50% of my money is invested in digital currencies that, after years of research and monitoring, I am convinced will change the world for the better.
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