This year is the worst in the history of cryptocurrencies!
1. Most people lost money in the first half of the year, even the old investors and those with resources and capital. This bull market was too harsh, and many people couldn't get out of it.
2. Collective consensus brings fear: I used to think that there would be a big bull market before and after the BTC halving, but BTC ended its rise last year, and the same is true for altcoins. Everyone thought the market was coming, but it was actually over. Everyone got on the altcoin train, but it never rose again.
3. Altcoins have changed dramatically: many altcoins will return to zero. Unlike the previous rounds of bull markets, the current logic, standards, and investments have changed. No one wants altcoins, consensus has collapsed, and many people have been buried.
4. VC consensus collapses: People no longer believe what VCs say and do, and the trust is extremely low.
5. It is more difficult for project parties to start businesses: you have to understand trends, understand needs, and understand marketing communities. There are few successful projects, and retail investors don't trust project parties, which is a vicious cycle.
6. Crypto dividends fade: Everyone wants to be rich and free quickly, and they are very impatient and worried about what to do after the bull market.
7. Ideology and consensus have changed, and we need to have a new understanding. Don’t be anxious, don’t be discouraged, don’t be happy too early, and don’t change the pattern.
8. This time, the years of accumulation that have not been left will be taken away. Unexpected things will happen. It’s not too much to be sad once after being happy for many years!
If you want to dig deep in the currency circle, but can’t find a clue, you can read my homepage profile if you want to get started quickly and communicate with each other
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