What's a Wash Sale?

Whats a Wash Sale?
Wash sale manipulation is when someone sells a security, only to buy it back later.
NFT creators and sellers used wash sale tactics to inflate the market about 97% above what it should have been.

Tricking people into thinking the market was anything other than Tulip Mania.

This resulted in a bunch of speculators, starting to gamble on the asset class and losing lots of money when the house of cards fell down.

Today, the market is down about 99% or back to its correct levels. The next time these assets get inflated it would be wise to know what tulip mania is.

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