1. Universal financial losses: In the first half of this year, investors were generally in a state of loss, and only a few lucky ones achieved profits. Among them are many veterans in the cryptocurrency circle. Even if they have resources and capital, they have suffered heavy losses in this bull market, and many people find it difficult to get rid of the dilemma of losses. 💰
2. Collective panic: In the past, people generally believed that there would be a big bull market two or three months before and after the BTC halving, but the reality is that BTC had already been rising sharply last year. Altcoins also suffered a similar fate. When the market generally believed that the market was about to start, it had already ended quietly. Many investors turned to altcoins after missing out on BTC, but the result was that they failed to see any further increases after getting on board. 💰
3. The collapse of altcoins: Many altcoins are facing a situation of returning to zero. Today's market consensus and investment standards have changed significantly compared with past bull markets. Altcoins are no longer viewed as investment opportunities, and many investors are being priced out of the market. As the consensus of altcoins collapsed and insiders were exposed, few people in the market were willing to take over, and these currencies quickly collapsed, leaving many people with losses. 💰
4. The collapse of VC faith: Investors’ admiration and trust in venture capital has dropped significantly, and their words and actions have extremely low credibility in the market. 💰
5. Severe challenges of project entrepreneurship: When promoting project development, project owners need to have a deep understanding of future trends, community needs, marketing, community operations and other aspects, which makes entrepreneurship increasingly difficult. There are fewer and fewer successful projects, and retail investors' trust in project owners is gradually decreasing, forming a vicious cycle.
💰Six. The decline of crypto dividends: As the dividends of the cryptocurrency circle gradually fade, people's desire to quickly achieve financial freedom has become increasingly anxious. After this round of bull market, many people began to worry about their future in the cryptocurrency circle. 💰Seven. Ideological changes: This round of bull market has brought many changes in ideology and consensus forms, which requires people to re-examine and understand the cryptocurrency circle. In this process, we should stay calm, don't be discouraged, don't get excited too early, and don't lose sight of the overall situation. 💰
8. Unexpected changes: This bull market may wipe out many people's years of accumulation, and some unexpected things may happen. But remember, life always has ups and downs. After so many years of happy times, occasional sadness is inevitable. 💵
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