02-20-2023, 04:26 PM
I’m going to miss the bear market.
<!-- SC_OFF --><div class="md"><p>Not saying we are totally out of it yet, but I’m going to miss the quiet building of the bear market.</p> <p>Most of the toxic noise has left the space at least from the frenzied pitch it was at the height of the last bull cycle. I’m finding I deeply enjoy the atmosphere in this space during the winters. No hype, just building for the most part. </p> <p>Weak projects that never had any business even existing get rekted. Memecoins are shouted down by the majority. I’m just going to miss this season of fundamentals mattering.</p> <p>In time the bull market will reemerge. Fundamentals will get thrown out the window in exchange for rampant speculation and another catastrophic bubble will form in the industry.</p> <p>The latest versions of Do Kwon and Terra Luna will emerge with faulty structures propped up by hype only to collapse when the next winter comes to stress test them.</p> <p>And we will do it all over again. The whole show will get repeated all over again. I am hopeful for one day a “super-cycle” to emerge and we break the mold, but honestly right now I think we get two more cycles before getting there.</p> <p>Hopefully I’m wrong, but I’ve learned to not underestimate human greed that forms bubbles.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/QualifiedUser"> /u/QualifiedUser </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1176pq8/im_going_to_miss_the_bear_market/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1176pq8/im_going_to_miss_the_bear_market/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Not saying we are totally out of it yet, but I’m going to miss the quiet building of the bear market.</p> <p>Most of the toxic noise has left the space at least from the frenzied pitch it was at the height of the last bull cycle. I’m finding I deeply enjoy the atmosphere in this space during the winters. No hype, just building for the most part. </p> <p>Weak projects that never had any business even existing get rekted. Memecoins are shouted down by the majority. I’m just going to miss this season of fundamentals mattering.</p> <p>In time the bull market will reemerge. Fundamentals will get thrown out the window in exchange for rampant speculation and another catastrophic bubble will form in the industry.</p> <p>The latest versions of Do Kwon and Terra Luna will emerge with faulty structures propped up by hype only to collapse when the next winter comes to stress test them.</p> <p>And we will do it all over again. The whole show will get repeated all over again. I am hopeful for one day a “super-cycle” to emerge and we break the mold, but honestly right now I think we get two more cycles before getting there.</p> <p>Hopefully I’m wrong, but I’ve learned to not underestimate human greed that forms bubbles.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/QualifiedUser"> /u/QualifiedUser </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1176pq8/im_going_to_miss_the_bear_market/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1176pq8/im_going_to_miss_the_bear_market/">[comments]</a></span>