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Did you earn money or lose money in the cryptocurrency market? How about with NFTs? Or the GameStop Wall Street Bets craze? Unfortunately, most people end up on the short end of the stick when it comes to speculative investing, which is a high risk approach to any investment strategy. It happened in 2008 with the housing market crash, as showcased by the movie "The Big Short", but it was predated by one of the first major market bubble crashes, known as Tulipmania. Think you would never be overhyped and throw all of your life savings into buying tulip bulbs? Well, your friends may have just done so with Bitcoin or an NFT... so just remember, it seems history repeats itself no matter how much we know about it! Leave a comment to let us know what financial concept or moment you'd like to learn more about next! Help us deliver more awesome content by liking, subscribing, and following @FloQastStudios / floqaststudios / floqaststudios Works Cited www.investopedia.com www.britannica.com history of Tulipmania: The Dutch Tulip Bulb Market Bubble video essay financial vlog series adam ruins everything drew carrick the rapping cpa therappingcpa floqaststudios floqast studios accounting terms investments retirement planning financial advisor advice cpa certified public accountant educational content economic lesson federal policy crypto nft big short become a millionaire wealth management wealthy tricks lifestyle Amsterdam holland dutch capitalism trading company stock market grow your money what is speculative investing market crash hype flowcast #marketbubble #investing #financialhistory the plain bagel investing made simple nerdwallet slidebean 00:00 Introduction 00:56 Do You Believe the Hype? 02:15 How Does A Bubble Happen? 03:53 The Lifecycle of a Market Bubble