What was the duration of the previous crypto winter?
Darya KopytovaNov 26, 2021 · 3 years ago3 answers
Can you tell me how long the previous crypto winter lasted? I'm curious to know the specific duration and when it occurred. I've heard different opinions, so I'd like to get a clear answer on this.
3 answers
- Nov 26, 2021 · 3 years agoThe previous crypto winter lasted for approximately two years, from December 2017 to February 2019. During this period, the cryptocurrency market experienced a significant decline in prices and market capitalization. Many cryptocurrencies lost a substantial amount of their value, and investor sentiment turned bearish. It was a challenging time for the industry, but it also paved the way for the subsequent bull run.
- Nov 26, 2021 · 3 years agoAh, the crypto winter! It was a tough time for crypto enthusiasts. The previous crypto winter started in late 2017 and lasted until early 2019. It felt like forever! Prices were plummeting, and everyone was panicking. But hey, that's how the market works. It goes through cycles of ups and downs. Fortunately, things have turned around since then, and we're now in a more positive phase.
- Nov 26, 2021 · 3 years agoThe previous crypto winter, also known as the 'Great Crypto Crash,' lasted for about 14 months. It began in December 2017 and ended in February 2019. During this period, the cryptocurrency market experienced a massive correction, with prices dropping significantly across the board. Many investors lost a considerable amount of money, and the overall sentiment was quite pessimistic. However, the market eventually recovered, and cryptocurrencies started gaining momentum again.
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