Reasons Why I’m Scared of Cryptocurrency

All bubbles burst, sooner or later

Photo by Thamyres Silva from Pexels

I lived through the bubbles of the year 2000 (the DotCom crash) and 2018 (the sub-prime lending crash).

I barely made it even in 2000 by transferring all my stock positions to cash in a hurry. But I lost a lot of money in 2018 since there was no way to control the cratering mortgage market.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ugur Akinci

Ugur Akinci

Award-winning Fortune 100 writer. Father. Husband. Brother. Fabricator. Got nothing to sell but tips are humbly welcomed.