How to Prepare for the Next Crypto Catastrophe (Because It’s Probably Coming)

This story was originally published on HackerNoon at: https://hackernoon.com/how-to-prepare-for-the-next-crypto-catastrophe-because-its-probably-coming . A Black Swan Event in crypto is an unexpected event that has a huge impact on the market, often causing extreme price crashes. Is it possible to predict one? Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #cryptocurrency-investment , #black-swan-events , #black-swan , #crypto-hacks , #crypto-scams , #crypto-price-volatility , #obyte , #good-company , and more. This story was written by: @obyte . Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com . Nassim Nicholas Taleb has used the term to describe outlier events. These events are often negative, very impactful, and almost impossible to predict. Examples include major exchange collapses, sudden regulatory crackdowns, or a global pandemic.