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Cryptocurrency Q&A Why did people lose money on tulips?

Why did people lose money on tulips?

HanRiverWave HanRiverWave Sat Nov 09 2024 | 7 answers 1215
People lost money on tulips due to a speculative bubble in the 17th century, known as Tulipmania. During this period, tulip bulb prices skyrocketed due to excessive demand, but eventually crashed, leaving many investors with significant losses. Why did people lose money on tulips?
tulips lose money investment bubble

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