500+ days filled with states ranging from fear, depression, doubts about one's own choices, loss of confidence and turning away from the market. If you've been through all of this, let's say goodbye.
We have finally graduated from an exam that lasted more than 1.5 years full of pressure and a succession of events that could not have been worse.
- The economy goes down. Inflation increased. The FED raised interest rates at the fastest rate in history.
- A series of failures from LUNA to FTX makes anyone looking at the market say "all scams", "scams". Hacks are countless and uncountable.
- Cash flow has been withdrawn for many consecutive months. Organizations are reluctant to invest in the blockchain field, causing capital flows to dry up.
🔸 Finally, everything is over.
Which of these two factions in the market will you be:
- People holding 100% fiat will say: It's just a temporary wave of the market, it will collapse again.
- Person holding the token: Take profit, the market has already increased. Even bullish people are looking to take profits.
Regardless of which side they are on, everyone is facing difficult decisions after going through a very long downtrend season.
That is the Disbelief stage.
🔸 Will this time be different?
No, even if it's 100 or 1000 years from now, people's thoughts will not change. This time is no different from other market cycles. Maybe, this season the waves will be bigger!
It is the resonance of:
- #Bitcoin ETF (if the SEC does not approve it between November 9-17, there will be a 90% chance of approval of all 12 institutional applications in January - according to Bloomberg).
- #Ethereum ETF (Blackrock filed an application yesterday in Delaware. Previously, Grayscale also applied to convert Ethereum Trust into Ethereum ETF). This will also take several months to be reviewed and approved. However, it is possible that if $BTC is passed, $ETH will also be easier to breathe.
-#RWAand the participation of major financial institutions in the world. This is an exciting play with not only crypto, but also institutions that are realizing the positive benefits of tokenizing assets.
- The strong development of Layer 2 and cross-chain applications will create an expanding premise for strong liquidity. Because liquidity has been fragmented over the past few years, it has created a barrier for the development of Defi applications.
🔸 In the end, there are still two options
- Stay on the sidelines to miss the big wave in crypto history.
- Look back at the past time, review your portfolio and choose the right civilization.
Which one do you choose?
