Over the years, has there ever been a major shake-up in the crypto market that didn’t leave bodies everywhere?

Newcomers dream of “getting rich overnight” as soon as they enter the space. Seasoned veterans have already seen through it all—this game never plays by the rules. One careless move and your account gets wiped out.

In 2014, Mt.Gox was hacked and 850,000 BTC vanished into thin air. Investors around the world panicked and dumped their holdings—no one was spared.

In 2017, the “94” policy hit, wiping out 80% of market value overnight. Blindly going all-in meant blind losses, with liquidation announcements flooding the screens non-stop.

In 2020, the “312” black swan struck, with ETH crashing below $80. Countless accounts went to zero in an instant, cries everywhere.

In 2021, the “519” contract massacre saw more than 600,000 accounts liquidated in a single day. High-leverage players? Wiped out.

In 2022, LUNA collapsed. The so-called “algorithmic stablecoin miracle” turned into just a string of code in the blink of an eye.

Early 2025, a major drop in US stocks triggered a domino effect, causing the entire crypto market to plunge. Those who tried to catch the bottom? All ended up as bag holders.

The FTX blow-up was even nastier—one of the leading exchanges collapsed overnight, user funds evaporated instantly. Years of savings, gone in a flash for so many people.

These aren’t just stories from history. They’re lessons paid for with hard cash!

Whenever the market warms up a bit, some people start getting cocky. Right now, coins like SUI, BONK, PEPE, OM, SOL, and PNUT are all being hyped up. But you need to understand: those who actually make a comeback on these are always the very few; those who get out unscathed are even rarer.

This isn’t hindsight. I’ve just seen it too many times—right before a black swan event, the market is eerily calm.

Bottom line: If you don’t take the initiative to recognize the risks, I can’t hold you back. But if you wake up and want to take things slow and steady, we can still walk this path together.