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I'd imagined many times what this bear market would look like, because with Trump, the president of ProCrypto, in power, the fundamentals of crypto seemed much stronger than they had been in the past decade. Now we're seeing it: the collapse of faith in crypto.
More and more people are starting to dismiss crypto as unoriginal, and even industry veterans like the former partner of Multicoin are surrendering and fleeing. This despair and suffocation is the long-lost flavor of a bear market.
However, @DoveyWan is right, experience cannot be compressed. Time is the only asset no one can cash in.
My fellow warriors, we will eventually overcome this.

Dovey "Rug the fiat" Wan (hiring)
@DoveyWan
02-02
Have been thru so many "existential threat" moments in crypto, every time the ride is getting less existential
- First shock: Mt Gox. I was so stunned didnt even feel it. My net worth in crypto wasnt huge in absolute terms, still massive for a fresh grad
- Second grill: the
Today truly felt that suffocating feeling of past bear markets, much stronger than on October 11th.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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