Your have explained this post in a very impressive way. I really like your ideas that you have given here. Great research work is the only key for such a great post.

Such events are actually the reminders of the high risk that are always linked to the high volatility of the crypto markets.

Cryptocurrency is still a work in progress, there are already solutions to stabilize them like the use of stablecoins and I am sure there will be more solutions in the future for its stability and collateral problems too.

I also agree with you at this point. We all know that the cryptocurrencies are still not much older as they are introduced about 11 to 12 years ago.

So, there are many flaws and drawbacks that could be solved with the passage of time and we strongly believe on the bright future of cryptocurrencies.

Although this incident has caused a lot of misunderstanding among the investors but we can never ignore the impressive benefits of the cryptocurrencies.

Thanks a lot for sharing your Quality post with us and wishing you a very good luck for the contest.