This bear market has caused a lot of negative sentiment and people think that cryptocurrency can not have another bull run like before. However, going by historical data, it will happen again when new users who haven't experienced loss in it invest due to the hype of becoming millionaires overnight.
Is Cryptocurrency Dead
- Thread starter Golden9
- Start date
It is totally wrong to believe that cryptocurrency is dead. In ctuality, cryptocurrency has potential to grow in the future based on the forecast and what we have seen in the crypto space.
I would definitely say that cryptocurrency is not dying at all. We may be seeing some types of cryptocurrency that are dying out but with coins such as Bitcoin and also Litecoin as well, I would definitely say that cryptocurrency is here to stay.
Most definitely,.cryptocurrency is not going anywhere and it is growing exponentially . we should expect more from cryptocurrency in the future because there are lot of development that has been included and the technology is taking it to another point.
These days it is becoming hard to own digital assets because of the volatiity and other scandals that have given a bad reputaion on crytpocurrency.But the fact is that cryptocurrency is not fazing off but one needs to have the knowledge if they are to benefit from it fully.
I believe that now is the right time to engage in cryptocurrency. The market have come to a stage where you can easily profit from it. Now, you can understand the market movement through precedents.
Well , it is just like saying morality and humanity is dead because it is actually dead in many countries people are mean and the ones having everything consider they deserve it , I pity on their sense sharing is caring , sharing love does not reduces it .
Its totally understandable to feel a bit down with the current market situation but cryptocurrency has always been a rollercoaster ride. Just think about the times when people thought Bitcoin was dead, only for it to skyrocket later on. Hype is a powerful force and the influx of new investors is bound to happen, sparking another bull run.
Cryptocurrency is not dead because it is needed by financial institutions to carry out financial transactions in a different way . Significantly , away from the traditional way we carry out transactions.
It is not dead and we even have a countless numbers of people who are investing in cryptocurrency at the moment. Even big people in the world are also investing in it so it is not dead
The wrong dream of dreamers or novice investors to become millionaires overnight, from the history of people who got rich from Bitcoin were those early investors who bought Bitcoin in large amounts and kept it for more than five years. Commodity market price increases/falls are something that reasonable. When crypto prices are cheap, buy crypto and save, wait until the price reaches the sky. Crypto users have spread throughout the world, even in countries that prohibit it like China, so crypto in general will never die.
It's important to remember that bear markets are a normal part of any investment cycle, especially one as volatile as cryptocurrency. Those who've been in the space for multiple years have seen this before, after every big surge there comes a cooling off period.
It's important to remember that bear markets are a normal part of any investment cycle, especially one as volatile as cryptocurrency. Those who've been in the space for multiple years have seen this before, after every big surge there comes a cooling off period.
Cryptocurrency is far from being dead because it's a dynamic space and it will continue to evolve. A lot of Cryptocurrencies are also evolving and it use cases are emerging as well.
Cryptocurrency is very much alive and I can see it in its potential. It gas disrupted the traditional finance and technology industries and this particular feature as keeps it very relevant.
Volatility of cryptocurrency can give you an impression of instability but the volatility is a big sign of it early stage development. Despite the volatility, it continue to gain adoption.