Hi,
as you may have noticed, we are in another bear market. Everyone might hope for a fast rebound, but let me tell you, it won happen, or at least not this year.
I wished also to have another growth period, to take some profit and improve the living standards at some point, but well, we are in a bear market.
This bear market might be helpful for crypto at the end. Why? Well, it might clean the cryptoworld from projects that have been born dead or which can't be sustainable.
Which are this project? I might say 99% of the 10000 out there. There are way too many, that are crap. And even with this, people invested in them. Money was too easy and people have not put their minds into it. The fruits of this stupidity are ripe now and ready for harvest.
Crypto still did not mature yet. We have great projects, but they are just a few. Money is pumped too easy and nobody cares about it. If I would try to build a factory today, I would need a lot of approvals, even if I would invest from my own money. And a factory gives people work and feeds families, compared to a coin named after a dog, that is worth billions.
Crypto needs to go to the masses, but maybe in a different way. I'm not speaking about regulations, which I'mnot a fan of, but of more mindfulness. Something that makes sense for the team that has created the project and also for the user. Just for holding a shittoken and expect it to pump, is not investment, by any means. It is gambling, with a record behind, as a blockchain never forgets.
So, from my point of view, this bear market was probably needed, only by means of not letting the crypto world evolve into a big bubble. It is a cleaner and hopefully a step forward crypto maturity.
