My current feeling in the Crypto market!
We went through a bull cycle but now it apparently has ended, we are paddling hard into the Crypto winter, the business flow has dropped, the market has demotivated, and the main point is that no new money is entering the market, meaning the main flow of capitalization has already occurred. When this happens, two things occur: one is demotivation, meaning people get disheartened by the market and go live their lives with other activities; two is that the big investors start taking profits to try to exit at the highest peak possible. After these events, the market lateralizes and the business flow drops drastically, and we go through this period for several long years before we start to rise again up the "hill".
My suggestion is if you are not a Trader, do not trade; the probability of you losing absolutely everything is gigantic. In this market moment, it is precisely where experienced Traders also lose. Dollarizing is the key to protecting your capital; if you do not protect your money, absolutely no one else will protect it. Stay safe, enjoy your life, be grateful and happy.
Now, here comes a sincere revelation: I have been trading in the Crypto market for almost 10 years, and yes, the Crypto market is a big digital pyramid; it directly depends on more people and money coming in to stay alive. Regarding projects, those that have already consolidated remain alive because they created a flow of capital, but those that did not consolidate will lead to absolutely nothing. Unfortunately, this is the truth that many want to deceive themselves into not seeing.
