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RE: The most important thing is not what is happening in the markets

in LeoFinance2 years ago

It is no secret to anyone that in terms of the evolution of cryptocurrency prices, this year has been and is a disaster...

I wouldn't fully agree with this. Yes we have had a bad month but over the course of the past year it's been quite solid and we are steadily growing over time.

I would say that it's a disaster for shitcoins and dodgy projects which are falling by the wayside. That can only be a good thing for the long term health of the industry as the poorly ran and underdeveloped projects disappear.

Hopefully we get to the stage where investors actually back good projects with use case and value instead of trying to get rich quick.

It's up to each of us to look at the markets and make smart decisions but only a few of us will buy the lows where as most will sell when it drops and buy when it peaks.

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If you look, I was not referring to the performance of the crypto market in the last year, but to the performance of the crypto market in 2022; due to from my point of view, the performance of cryptos in general has been disastrous on that sense, of course it is only my personal opinion given the current scenario and I totally respect your opinion on the matter.

Also, just as I said in my post that the performance of the crypto market has been a disaster this year (2022), I also said (and say), that what is happening are normal market cycles, and you can see it in this part of the post. :

Knowing this, we realize that everything we are seeing in the markets are normal cycles that occur based on a series of factors that are also normal in the markets. Basically everything is moved by supply, demand and speculation.

But as I said at some point in the post, the most important thing is not what is happening in the markets, but what we do in the face of what is happening in the markets. So I totally agree with what you just said about the fact that it's up to us to look at the markets and make smart decisions.

Thanks for comment. Greetings!

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