Markets have a way of teaching us the same lessons over and over again until we finally learn them, and can then stop paying the price of tuition. On Oct. 10, crypto’s flash crash delivered a pop quiz with real consequences. Prices went lower, forced de-leveraging hit decentralized exchanges (DEXes) hard, and plenty of smaller tokens collapsed in minutes before snapping back in the largest crash event in the sector’s history.
More importantly for the future, the past couple of weeks offer investors a few critical lessons, so let’s take a look.
Image source: Getty Images.
1. The sky really was falling for a moment
Perhaps the most surprising lesson about the flash crash is that it…
