This year is the worst in the history of cryptocurrencies

1. Most people lost money in the first half of this year, and only a few made money. Moreover, many of those who lost money were old investors in the cryptocurrency circle. There are quite a lot of people with resources and capital. This is the most hateful bull market. Many of them are impossible to be untied.

2. Fear brought by collective consensus: According to previous thinking, there will be a big bull market two or three months before and after the halving of BTC. As a result, BTC almost finished rising last year. The same is true for altcoins. When the collective consensus believes that the market is coming, it is just the end. Everyone missed the BTC collectively boarding the altcoin, and the result is that you will never rise again after boarding the altcoin

3. Altcoins will change dramatically: many altcoins will return to zero. Unlike the previous rounds of bull markets, today's consensus logic, judgment criteria, and investment logic have all changed. Moreover, altcoins are not included in them. The changes of the times have eliminated too many slow-reacting people. It is a pity that the updates and iterations of this circle are far beyond the general level. The collapse of the Shanzhai consensus, after the inside story of the Shanzhai was revealed, no one paid for it. This consensus effect began to occur rapidly, and many people will be buried

4. The collapse of the VC consensus: people no longer have high respect and faith in VC.

The trust of everyone in what they say, do, and are optimistic about is extremely reduced

5. The difficulty of starting a business for the project party has increased again: the project party needs to understand the future trend. Understand the needs of the community, understand the market, understand marketing. Understand the community. It is getting harder and harder

So the successful projects are getting smaller and smaller, and the trust of retail investors in the project party is also decreasing, so a vicious circle is formed.

6. The crypto dividend fades: the tension of the currency circle dividend fades, everyone is thinking about quickly getting wealth and freedom here, very impatient and uneasy. Most people are worried about where they will go after this round of bull market in the crypto circle.

7. The ideology and consensus form of this round have changed a lot. Everyone needs to be more advanced and have a new understanding of the crypto circle. Don't be anxious, don't be discouraged, don't be happy too early, and don't be too conceited.

8. This round will return the accumulation of many years of many people who have not left the table. Things that you can't imagine will happen in this round. You have been happy for so many years. It's not too much to make you sad once?