© Reuters.
Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into (BTC) a few months ago, saying:
Crypto’s decentralized nature means there are no circuit breakers equivalent to the ones that exist on traditional stock exchanges. The resulting bull/bear cycles can be extreme, and difficult for the uninitiated to become accustomed to. Another Reddit user took the podium with a post titled “$60k and panicked:
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