The Status Quo of Crypto: Exploring the Dark Side
Although it may seem obvious from the prices, crypto as an industry is not in a good place right now - but prices are only one part of the equation. From the fact that many newcomers seem to care only about speculation, to fund managers failing to raise enough to meet their goals, even crypto exchanges are struggling to keep trading volumes up. But the optimism is hard to beat.
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Still hoping that it would pump-up soon to the moon!
I personally think cryptocurrencies like Steem will eventually get another pump @diosarich but there are still risks that it won't happen, and even if I'm right, and it does happen.. I'm not sure when.
It could be 3 months from now.. 6 months from now, or even 1 to 3 years from now.
In the meantime, we can continue to build our stake, and can eventually build projects like @bisaya for side income, and as a way to open ourselves up for new opportunities in the future 😊👍
Crypto is in a great place right now. Institutional investors are gearing up to make big movies into bitcoin and other cryptocurrencies. The infrastructure is growing fast and adoption is increasing. There has never been a better time for crypto. The market cap of all cryptocurrencies has grown from less than 8 billion to well over $110 billion in less than three years. How could anyone see this as bad?
I personally don't think the cryptocurrency industry as a whole is doing too bad either.. and there is a lot of development happening in the Steem ecosystem!