Here's a fresh joint for you, as a treat for showing up here. Sit tight, light it up and enjoy!
How have you been? I hope everyone is having a great day, even though the bear market is making it somehow impossible for most of us. I have been quite busy with life recently, which is why I haven't posted anything within the last couple of days. But I am back to make it up to you!
So what do you think is the main reason for this crypto crash?
Why are so many whales panicking and selling their coins like crazy? I believe that the more people panic, the worse the situation is going to grow.
Thanks, Captain Obvious.
Wait, you did not get my point. I meant to say that it all has to do with the public sentiment, and this is something that changes dynamically. A few months ago many people believed we'd be witnessing a massive bull run by now; nobody even dares to think about anything like that at the moment.
This means that the near future doesn't look good for the market.
It is going to take a lot more time and effort to restore people's trust. Some of us involved in the cryptoverse are long term believers, however many people just don't care about anything that has to do with the blockchain technology, and therefore, are in for some quick profits and that's it. Such people are panic selling and running away right now. And guess what, they are the majority.
So let's just blaze and keep moving on.
I am sure times will change.
But that's just me.
And these are my opinions on the current state of the crypto market.
I believe many of you have been thinking about the current situation.
Even if this post isn't entirely smoke-related, it is definitely crypto-related.
I would like to know your thoughts.
Are you buying? Are you selling? Are you leaving? Are you staying?