The 2018 crypto winter wiped trillions from valuations as speculative frenzy collapsed exposing fragile projects weak fundamentals and investor panic.
Bitcoin crashed in March 2020 during pandemic fear then rebounded as stimulus liquidity and institutional interest reignited confidence in crypto.
The 2022 Terra Luna collapse triggered stablecoin depegging bankruptcies contagion losses and calls for transparency regulation oversight tighter risk controls.
FTX exchange implosion in 2022 shocked markets revealing mismanagement missing funds governance failures and intensified scrutiny on centralized platforms worldwide.
Repeated crashes teach investors diversification secure storage disciplined risk management thorough research realistic expectations to survive highly volatile crypto cycles.