đšđ„ Cryptocurrency Carnage: A Year Like No Other đ„đš
1. Widespread Losses: Investors, both seasoned and new, faced significant losses, making it a frustrating bull market.
2. Misguided Consensus: BTC's major rise happened last year, not this year. Many who moved to altcoins expecting gains found themselves stranded.
3. Altcoin Upheaval: Many altcoins are heading towards zero, with changing investment logic leaving investors behind.
4. VC Consensus Collapse: Trust in venture capitalists has plummeted, diminishing their influence.
5. Increased Startup Challenges: Projects are struggling more than ever, leading to a decline in investor confidence.
6. Fading Crypto Dividends: The allure of quick wealth in crypto is fading, causing widespread impatience and unease.
7. Evolving Ideologies: This cycle demands a new understanding and perspective, avoiding premature celebration and overconfidence.
8. Unpredictable Outcomes: Long-term players face unexpected challenges, testing their resilience and past successes.