Hey guys, I don’t want to breed fud here, but as everyone knows, markets have their own trends (not only cryptocurrencies) and sooner or later, the bear will replace the bull.
So, my question for discussion is this.
As we all remember from 2018, many fundamental projects with technologically strong ambitions simply did not survive it.
Over the past 2 years, a lot of cool blockchains have appeared with their ecosystems, such as Dot, Near, Solana, Matic, AVAX etc.
do you think their technological potential will be able to survive the next trend? How strongly people value technology over speculation in 2021.
That's a good question. I will be honest here and I think people are just here for money. They just speculate and try to get profits from trading.
When a bear market occurs we will see many of these fundamentally strong projects go down and bleed in red.
That's what happened with ETH too in the 2018 bear run. We saw it dump from $1400 to below $100 which is a huge dip.
Although I think that the market has matured enough and we won't see such huge dips anymore, I believe we will still see good dips in all of these fundamentally strong projects.