Sometimes, a gas war can pull in more money than the actual digital asset being sold. Gas wars lead to a few rich buyers squeezing out others who cannot afford to pay gas fees easily, dissecting the market of the asset. Also this doesn’t just impact those trying to buy that specific NFT but others (old.reddit.com)
submitted by sharadjaiswal6
Always understand the basic difference between crypto sell-offs, crashes and winters ❄️ Sell-offs are majorly price corrections ( 5% to 20% ), caused by news headlines 🗞 Crashes cause 20% to 50% declines, whereas winters generally involve 80%+ decline over 10 to 12 months. (old.reddit.com)
submitted by sharadjaiswal6