95% Crash for AMAZON back in the Year 2000, during the so called 'Dot Com Bubble'.
The Price of AMAZON had dropped from 112$ to 5.45$ a share.
💡Well, the price of AMAZON is 2156$ today while it had an All Time High of 3780$ at the end last year.
Let's talk about the Dot Com Bubble now:
💡Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the 1940s, transistor electronics in the 1950s, computer time-sharing in the 1960s, and home computers and biotechnology in the 1980s.
Wikipedia
The dot-com bubble, also known as the dot-com boom, the tech bubble, and the Internet bubble, was a stock market bubble caused by excessive speculation of Internet-related companies in the late 1990s, a period of massive growth in the use and adoption of the Internet.
Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon.com, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value.
💡Now Let's talk Crypto:
History repeats itself. In our opinion, some crypto projects will vanish but even fireworks can allow huge profits, given that you can take profits on time.
Some other projects will stay and they have the potential to be the 'AMAZONs' of the future. Our task is to find them.
in the meantime we are NOT going to the moon (Luna) since it dropped to the ground of Earth (Terra).
💡Time for a Forest Gump Quote:
“My mom always said life was like a box of chocolates. You never know what you're gonna get.” 🍫
Forrest Gump And Lieutenant Dan's got some Apple back then 🍏
One Love Forest,
the FXPROFESSOR
ps. in reality, selecting the right crypto is not just luck, it's mainly research. Do your own research
(I, personally believe in Bitcoin, Fantom, Cardano, AFFYN and PulseX)
The Price of AMAZON had dropped from 112$ to 5.45$ a share.
💡Well, the price of AMAZON is 2156$ today while it had an All Time High of 3780$ at the end last year.
Let's talk about the Dot Com Bubble now:
💡Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the 1940s, transistor electronics in the 1950s, computer time-sharing in the 1960s, and home computers and biotechnology in the 1980s.
Wikipedia
The dot-com bubble, also known as the dot-com boom, the tech bubble, and the Internet bubble, was a stock market bubble caused by excessive speculation of Internet-related companies in the late 1990s, a period of massive growth in the use and adoption of the Internet.
Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon.com, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value.
💡Now Let's talk Crypto:
History repeats itself. In our opinion, some crypto projects will vanish but even fireworks can allow huge profits, given that you can take profits on time.
Some other projects will stay and they have the potential to be the 'AMAZONs' of the future. Our task is to find them.
in the meantime we are NOT going to the moon (Luna) since it dropped to the ground of Earth (Terra).
💡Time for a Forest Gump Quote:
“My mom always said life was like a box of chocolates. You never know what you're gonna get.” 🍫
Forrest Gump And Lieutenant Dan's got some Apple back then 🍏
One Love Forest,
the FXPROFESSOR
ps. in reality, selecting the right crypto is not just luck, it's mainly research. Do your own research
(I, personally believe in Bitcoin, Fantom, Cardano, AFFYN and PulseX)
✨🦄 💎🚀 CRGPT Token : Join the Crypto AI Revolution 🌟 www.cryptogpt.io/
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🌐FOREX SPECIAL: fxprofessor.com/forex-special 💡💙💬 Public Telegram: www.t.me/fxprofessor88 💎
