The worst for the cryptocurrency market appears to be behind us after this year's spectacular crashes and bankruptcies like FTX, Luna, and 3AC in 2022, in my opinion. Don't you believe these incidents led to the disappearance of fraud and scam projects because the financial crisis demonstrated that dishonest businesspeople couldn't survive in such unstable market conditions?
This, I believe, has left behind projects that are generally secure and legitimate. A regular person will need an appropriate understanding of crypto to analyze all the significant events and trends.
Investors are now aware of cryptocurrency frauds and scams, thanks to recent events. As a result, cryptocurrency investors are more informed and will thoroughly analyze cryptocurrency using technical and fundamental tools.
Meme phrases and inventive white papers won't be enough to keep investors interested. Investors will examine whether the cryptocurrency project has applications and products in the real world and whether it is brand-new and innovative. They will also use all metrics and technical analysis tools.
What are your thoughts on this? After everything that has happened, is cryptocurrency now more secure, are bad projects and scams behind us, or are people even more skeptical about it?
According to this article:
"2023 is going to be a very good year for cryptos as all negative events are gone. Investors will try to analyze new cryptos in search of new Shiba Inu and Dogecoin more deeply. Bitcoin dominance and other important metrics will show how the crypto market is behaving and what to expect from it.
Good and reliable study materials will make it easier for newbies to understand more about cryptos. Sources mentioned in this article should be sufficient to start learning about cryptos now."
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