The big crypto plunge over the last year
By Pitstop
@pitstop (12969)
India
November 28, 2022 10:43am CST
The graph shows the steady and steep fall in bitcoin value over the last year - from November 2021 to November 2022. It peaked at about 70000$ and now is barely over 10000$! Imagine if your bank account lost 75% of its value in a year. That would be disastrous!
People are still enthusiastic and optimistic about crypto though. Do you think the worst is over or is the worst yet to come?!
8 people like this
9 responses
@LindaOHio (153180)
• United States
29 Nov 22
I don't have much faith in the crypto market.
2 people like this
@kaylachan (56255)
• Daytona Beach, Florida
28 Nov 22
I think it depends on your perspective. It's only bad if you want to believe it is, and you've invested in it like a lot.
1 person likes this
@kaylachan (56255)
• Daytona Beach, Florida
29 Nov 22
@pitstop Then I don't think you have anything to really lose, now do you?
1 person likes this
@allknowing (130088)
• India
29 Nov 22
I have earned in BCH but these days I do not. Nothing much to write home about.
1 person likes this
@porwest (78726)
• United States
31 Jan 23
Well, of course hindsight is always 20/20, and we now see it inching back toward $24k. I am still mostly on the fence about the future of crypto, but I have a tiny investment and so I do watch it. It will either make me incredibly rich or not...but I do not have enough invested it will make me poor.
So, it is at least interesting.
1 person likes this