MultiversX Tracker is Live!

Innocent Market Question

Etherum Reddit

More / Etherum Reddit 201 Views

Hi, I haven't been in the space for long and don't have a masters in business or anything, so maybe someone more experienced than me can enlighten me:

A lot of people who have been in crypto for years seem to share this sentiment that, since the market moves in cycles, we're bound for a major correction after the current bull run similar to the 2017/18 situation. Still, in the last two years, we have seen an unprecedented amount of adoption and crypto is becoming more and more "mainstream". By now crypto really has started to position itself as a disruptive technology, similar to AI or Extended Reality.

So in the case that the market really should break down, wouldn't there be a lot more capital and most importantly general trust in the technology to support it than say 2017. Could it be possible that this leads to the foreshadowed crypto "winter" becoming more of a crypto autumn?

Of course, all of this doesn't account for the effect of S&P500 and the general economy on the space which is still hot potatoes due to covid - then again isn't part of the premise of BTC as the first and biggest cryptocurrency to decouple from those markets one day?

Or would you call that naive?

Sorry for the potential spelling errors - not a native speaker.

Thanks.

submitted by /u/cvmra17
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments