Permit me to say I’m in full support of what the market is doing right now, from a totally different perspective of what the media is pushing out and what majority are thinking, the idea of crypto that I had formerly and what we were recently experiencing was beginning to contrast themselves.
How many of us will admit that we were pushing it too far, spinning off baseless projects from left to right, and pumping them to oblivion in the name of bull run and “cryptocurrency”, definitely at some point the market was going to purge itself off the parasitic elements holding it down.
When people ask me what attracts me to a crypto, it used to be the noise, but now I’ve gotten accustomed to being attracted to developments, the quality of it, rate, uniqueness, commitment, timeliness, delivery, it goes on.
That’s a lesson I’ve learnt from being on Hive for 3 years and has kept me going.
The markets needed the purge. The space was getting infected with parasitic elements, and people were gobbling them up like apple pies because they wanted to get rich quick.
My bags are filled with the type of projects that fulfill my development objectives, so because I know where they are coming from, where they are and where they aim to be, I’m the least worried about this market dump for as long as it’ll take.
Wallets are taking a hit no doubt, it’s not nice to see but it’s the price we have to pay for accommodating the shenanigans perpetrated by the bad players in the sphere, for example, buying Safemoon to ride safely to the moon, not for any other intricate utility.
I bought some Doge to flip a dolla too, I also bought some shiba and sold, like it or not, I’m part of the people accommodating the shenanigans, many of us contributed to allowing shitcoins see the light of day in the name of chasing profits.
Like I said in the beginning, I’m sharing my thoughts to explore some perspectives I haven’t seen much about else where that may have led to this dump, it may or may not correlate to what’s actually going on,..I hope everyone takes this dump to reassess their positions going forward.
The old joe says.....follow the money....new school says....follow the development. I hope we learn to take our own advice.
Thanks for reading
