🔴🚨 MOST DESTROY YEAR EVER in HISTORY 🚨🔴
The Worst Year in Cryptocurrency History
1. Widespread Losses: Most investors lost money in the first half of this year, including many seasoned and well-capitalized participants. This is one of the most frustrating bull markets, leaving many unable to recover their investments.
2. Misguided Consensus: Traditionally, a significant bull market is expected around BTC's halving. However, BTC's major rise occurred last year, and altcoins followed suit. When everyone anticipated a market surge, it marked the end, leaving those who shifted to altcoins stranded without further gains.
3. Altcoin Upheaval:Many altcoins are expected to plummet to zero. Unlike previous bull markets, today's investment logic and consensus have changed, excluding many altcoins. This rapid evolution is outpacing many investors, leading to the demise of the 'Shanzhai' consensus as insider revelations dissuade further investment.
4. VC Consensus Collapse: The reverence and trust in venture capitalists (VCs) have significantly diminished. People's faith in VCs' actions and predictions has waned.
5. Increased Startup Challenges: Project teams face mounting difficulties in understanding future trends, community needs, and market dynamics. Successful projects are becoming rarer, and retail investors' trust in project teams is declining, creating a vicious cycle.
6. Fading Crypto Dividends: The promise of quick wealth and freedom in the crypto space is diminishing. Impatience and unease are widespread, with many worrying about their future after this bull market.
7. Evolving Ideologies: This market cycle demands advanced understanding and a new perspective on the crypto space. Investors should avoid anxiety, discouragement, premature celebration, and overconfidence.8. Unpredictable Outcomes: This cycle will challenge the long-term accumulations of many who have stayed in the game. Unexpected events are likely, testing the resilience of those who have enjoyed prolonged success.