Post
Topic
Board Altcoin Discussion
Re: How was last crypto bear market
by
Gayong88
on 17/06/2022, 07:59:24 UTC
This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Well, I think it's worth noting that BTC is currently trading at  21113$  which is much higher than it was in 2019 and even 2020. And to some extent, this is driven by fears of future regulation of cryptocurrencies. In fact, some people are so anti-cryptocurrency by the time they actually buy BTC in hopes of collapsing completely. So in a sense, it bears some resemblance to what we saw in 2019—the crypto bubble burst and the price plunged to much lower levels. But as you said, there isn't as much hysteria or panic involved here as before.