Yes, the Bear market washes shit away

Oh no! (Insert random exchange nobody Heard about here) went bust! Whitdrawals have been disabled!
Yes, that was bound to happen. People need to understand this Is the kind of thing people are talking about when they say bull markets bring a blessing in disguise and bad projects get flushed out.
This Is merely removing bad weeds from the soil so that good crop can actually flourish. This Is the direct opposite of a Bubble, here even good projects suffer because realistically speaking there's no accurate and widely adopted model or standard to value cryptocurrencies yet.
Do you look at active adresses? TVL? Maybe the number of new projects being built on these networks?
So yeah, chill, there's no prospect about where the bottom Is, all models are right until they aren't, and no, the projects with actual utility won't die because as long as someome Is able to extract value from them they'll eventually flock to it and thrive.
Enjoy a red portfolio, understand this Is detox from obcene greed and that ultimately you know what brought you to crypto. If it was out of need then you can't go wrong enduring these market conditions.
Ultimately, cycles will cycle.
submitted by /u/DMugre
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