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How did the dot com crash influence investor sentiment towards cryptocurrencies?

avatarFlowers FletcherNov 25, 2021 · 3 years ago1 answers

In what ways did the dot com crash impact the way investors perceive and approach cryptocurrencies?

How did the dot com crash influence investor sentiment towards cryptocurrencies?
Cryptocurrencies
Investor Sentiment
Dot Com Crash

1 answers

  • avatarNov 25, 2021 · 3 years ago
    The dot com crash had a mixed impact on investor sentiment towards cryptocurrencies. On one hand, it made investors more cautious and skeptical about investing in new and emerging technologies. They were wary of another market bubble and subsequent crash. On the other hand, the dot com crash also created a sense of opportunity for some investors. They saw cryptocurrencies as a way to potentially profit from the next big technological revolution. Overall, the dot com crash influenced investor sentiment towards cryptocurrencies by making them more cautious, but it also created an opportunity for those willing to take calculated risks.

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