Bear Markets Aren't Fun, But They Aren't the End either.
The crypto market is still very new. There are risky and volatile technologies, many of which are failing in spectacular attention-grabbing fashion this week. But at the same time, the industry is in a stronger position today than the last bear market of 2018, the crypto winter.
Still, we can come to the bear. The mood needs to change, and we can be there.
In 2018, the bear market kicked off when word started getting around that the US Securities and Exchange Commission was knocking on the doors of startups funded by initial coin offerings.
Today, there is no clear single reason for this, partly because the cryptocurrency market now has more use cases and more operating companies.
Bear markets are familiar. No one likes them, but they come up so often that established leaders know how to take them off.
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