Post
Topic
Board Altcoin Discussion
Re: It's the year 2018 over again
by
Altryist
on 12/05/2022, 20:00:05 UTC
Many people believe the bear market we are facing this time is a short bear market, if 2018 we have to wait more than two years to see the bull market recover, this time it might be just a year or even less. In fact, in my opinion, project developers seem normal with the bear market this time, they are still focused on developing their projects ignoring market conditions, but will look for opportunities to get hype in various conditions.
It's hard to say now how long this bear market can last, but I don't think there's much hope that it will be short. History teaches us that bitcoin cycles last for several years, I see no reason why this time something can happen differently. I really expected that before the big fall, altcoins would be able to make the last leap up, and I expected this in May. It looks like I made a mistake and now I just have to wait for a new cycle.