1 thought on “The bear market has never existed, and the future is coming”
Chad
Someone shouted a bear market every day, but in fact, the current cryptocurrency market is another scene. I I am not willing to call the bear market every time. Instead, I tend to call it a stable and shocking market, call back, panic and sell, but I rarely use the word "bear market". is just ... in the past few months, I have never really felt the existence of the bear market. Yes, although many things happened in the world. In fact, the development of the encrypted field is currently running counter to the reality field. The recent Defi field of God -Andre Cronje decided to leave temporarily, which also caused a small decline in my asset allocation, almost in the field of almost field with him All related projects tokens are falling, and almost every token in the DEFI field is related to him. but according to the standards of the encryption market, this is usually just an episode. We we only know the blindly giving Tuchou project CX. but people in the encryption field have never lack of "creativity", this boring state will not last long. When everyone is in a daze, there is a macro narrative to attract everyone's attention. So the founder of another strong man Terra, the founder of another strong man, and its LUNA tokens, USD stablecoin ($ 15 billion market value,), etc. In addition, it also released a series. In a Twitter Space, he told all listeners that he plans to purchase $ 10 billion in Bitcoin as a vault reserve in the market. This news was released, and everyone began to compare him with Michael Saylor. The founder DO KOWN will be used to buy the money to buy his own USS stablecoin. In the end, he can issue all new tokens as he wants. ("Print" is a simple term I use. Here is the details about how US/LUNA work.) This news caused the cryptocurrency world to fall into an enthusiastic state. 10 billion is a very crazy number. Some people speculate that it can easily push Bitcoin to $ 100,000. In addition, in the past few days, hundreds of millions of dollars have appeared in the market. People are trying to interpret these random market phenomena. But anyway, it has once again ignited the interest of the market, and the price of Bitcoin has risen crazy. The vitality in the encryption field depends to a large extent on narrative, and there is no lack of narrative in the encryption field, although the price performance of the market some time ago is not happy. Especially recently, as the price has risen, these things have begun to be disconnected from the real (boring) world. We already know that the narrative of "inflation" is already a bit unpredictable, just like "cryptocurrencies as privacy and sanctions avoidance tools", these are outdated narratives. The more and more narratives have begun to focus on the project itself. In the deepening of the encryption field, the new project continues to be launched. Old projects are transformed with developers with new products, updates, announcement, or expansion. In short, there are so many exciting things that happened at the same time in the encryption field, which is definitely not something that will happen in the bear market. The new (institutions) funds are constantly pouring . One of the biggest reasons for my refusal to see the bear is the traditional financial (Tradfi) institution's interest in the encryption field is constantly rising, although the entire real world is not so prosperous (World War, inflation, economic recession), but on the other side of the world, what I heard is the following news: Earlier this month, a company that controlled $ 155 billion in Capital Capital announced Their cryptocurrency -specific funds. A few days ago, Hedge, a well -known hedge fund company of Ray Dalio, was rumored that it would also launch a cryptocurrency fund for the first time. and I heard another news today, If you see that there are big funds around you, you are willing to sprinkle money in various projects related to the encryption field and web3. Go for a bear. The people who work at Web2 companies such as Facebook and Google, those scientific and technological migrant workers are running to web3. We may be at the beginning of technological and cultural transformation, rather than the end of the transformation. Tradfi world is now more useless. I always look at the encryption field, because I see all other markets, especially traditional finance. For me, TRADFI is a residual root in the old world. The process of gradually collapsed made many people feel frustrated. It will soon become unrelated, just like every thing abandoned by the times. , occasionally TRADFI still surprises me, because it is surprisingly ridiculous in many things, and what happened in the nickel trading market is a recent big joke. The is what happened. The very rich person lost money in nickel trading (very rich). He borrowed the world's largest banks such as Goldman Sachs. He did not close his position and paid the money he owed, but increased more positions, and the bank asked him to borrow more money until the nickel reaches a high price (100,000 US dollars per ton). Debilities have seriously affected the security issues of the world economy. So the bank opened the meeting, the exchange decided to close the transaction for two weeks, cancel the transactions of other people, and make the crowding short situation never happen. All these are just to protect a rich man. If you are annoyed, I can tell you that this is the same. And this is why we are optimistic about cryptocurrencies and DEFI, because it is actually the only free market in the world. An incident of "protection" that has the power will never happen in the encryption field. Here, whales and leeks are pulled by market forces. This is also felt by institutional funds, so the funds flow in. The world of Tradfi is too defeated and cannot be repaired at all. If the US Securities and Exchange Commission cannot protect ordinary citizens from unfair treatment, whether it is nickel transactions or Spac, then the market will eventually be destined to be abandoned. among the stock holders in the United States, rich people still account for the largest proportion. The housing market is another joke created by Tradfi. Except for encryption, there are no other places to avoid refuge for ordinary people. Because it is really the future. So what are the bears for the future?
Someone shouted a bear market every day, but in fact, the current cryptocurrency market is another scene.
I I am not willing to call the bear market every time. Instead, I tend to call it a stable and shocking market, call back, panic and sell, but I rarely use the word "bear market".
is just ... in the past few months, I have never really felt the existence of the bear market. Yes, although many things happened in the world.
In fact, the development of the encrypted field is currently running counter to the reality field. The recent Defi field of God -Andre Cronje decided to leave temporarily, which also caused a small decline in my asset allocation, almost in the field of almost field with him All related projects tokens are falling, and almost every token in the DEFI field is related to him.
but according to the standards of the encryption market, this is usually just an episode.
We we only know the blindly giving Tuchou project CX.
but people in the encryption field have never lack of "creativity", this boring state will not last long. When everyone is in a daze, there is a macro narrative to attract everyone's attention.
So the founder of another strong man Terra, the founder of another strong man, and its LUNA tokens, USD stablecoin ($ 15 billion market value,), etc. In addition, it also released a series.
In a Twitter Space, he told all listeners that he plans to purchase $ 10 billion in Bitcoin as a vault reserve in the market. This news was released, and everyone began to compare him with Michael Saylor. The founder DO KOWN will be used to buy the money to buy his own USS stablecoin. In the end, he can issue all new tokens as he wants. ("Print" is a simple term I use. Here is the details about how US/LUNA work.)
This news caused the cryptocurrency world to fall into an enthusiastic state. 10 billion is a very crazy number. Some people speculate that it can easily push Bitcoin to $ 100,000.
In addition, in the past few days, hundreds of millions of dollars have appeared in the market. People are trying to interpret these random market phenomena. But anyway, it has once again ignited the interest of the market, and the price of Bitcoin has risen crazy.
The vitality in the encryption field depends to a large extent on narrative, and there is no lack of narrative in the encryption field, although the price performance of the market some time ago is not happy.
Especially recently, as the price has risen, these things have begun to be disconnected from the real (boring) world.
We already know that the narrative of "inflation" is already a bit unpredictable, just like "cryptocurrencies as privacy and sanctions avoidance tools", these are outdated narratives.
The more and more narratives have begun to focus on the project itself.
In the deepening of the encryption field, the new project continues to be launched. Old projects are transformed with developers with new products, updates, announcement, or expansion.
In short, there are so many exciting things that happened at the same time in the encryption field, which is definitely not something that will happen in the bear market.
The new (institutions) funds are constantly pouring
. One of the biggest reasons for my refusal to see the bear is the traditional financial (Tradfi) institution's interest in the encryption field is constantly rising, although the entire real world is not so prosperous (World War, inflation, economic recession), but on the other side of the world, what I heard is the following news:
Earlier this month, a company that controlled $ 155 billion in Capital Capital announced Their cryptocurrency -specific funds. A few days ago, Hedge, a well -known hedge fund company of Ray Dalio, was rumored that it would also launch a cryptocurrency fund for the first time.
and I heard another news today,
If you see that there are big funds around you, you are willing to sprinkle money in various projects related to the encryption field and web3. Go for a bear.
The people who work at Web2 companies such as Facebook and Google, those scientific and technological migrant workers are running to web3. We may be at the beginning of technological and cultural transformation, rather than the end of the transformation.
Tradfi world is now more useless.
I always look at the encryption field, because I see all other markets, especially traditional finance.
For me, TRADFI is a residual root in the old world. The process of gradually collapsed made many people feel frustrated. It will soon become unrelated, just like every thing abandoned by the times.
, occasionally TRADFI still surprises me, because it is surprisingly ridiculous in many things, and what happened in the nickel trading market is a recent big joke.
The is what happened.
The very rich person lost money in nickel trading (very rich). He borrowed the world's largest banks such as Goldman Sachs. He did not close his position and paid the money he owed, but increased more positions, and the bank asked him to borrow more money until the nickel reaches a high price (100,000 US dollars per ton). Debilities have seriously affected the security issues of the world economy.
So the bank opened the meeting, the exchange decided to close the transaction for two weeks, cancel the transactions of other people, and make the crowding short situation never happen.
All these are just to protect a rich man.
If you are annoyed, I can tell you that this is the same. And this is why we are optimistic about cryptocurrencies and DEFI, because it is actually the only free market in the world. An incident of "protection" that has the power will never happen in the encryption field. Here, whales and leeks are pulled by market forces.
This is also felt by institutional funds, so the funds flow in. The world of Tradfi is too defeated and cannot be repaired at all. If the US Securities and Exchange Commission cannot protect ordinary citizens from unfair treatment, whether it is nickel transactions or Spac, then the market will eventually be destined to be abandoned.
among the stock holders in the United States, rich people still account for the largest proportion. The housing market is another joke created by Tradfi.
Except for encryption, there are no other places to avoid refuge for ordinary people.
Because it is really the future.
So what are the bears for the future?