Look about you: people on the left and right are abandoning crypto because "they don't believe in it anymore," but the real reason is that they are no longer making money from it. They wouldn't dare to get out if we were in a bull market with green candles all day, every day, but if we were in a bear market, they'd be dancing all day and yelling crypto to the moon.
Many people have lately said their goodbyes on this sub, and I believe these events signal a likely market bottom.
The basics of cryptocurrency have remained constant: bitcoin is still rare, Ethereum is still the most popular smart contract platform, NFTs from BAYC and High Sloth Society are selling like hotcakes, and other advancements have remained unchanged.
If you're a developer, you'll undoubtedly appreciate having this time to build a project, polish it, and gain funders and members.
If you're a regular investor, you probably don't enjoy staring at the color red every day.
Right now, most retail newbies have left, leaving only me, you, and the whales.
Thank you for your time. Have a wonderful day!
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