Why the Crypto Market Always Seems to Let You Down | HackerNoon

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'Why the Crypto Market Always Seems to Let You Down' by mkhelfman btcprice bitcoinbullmarket

When you entered the crypto market, you found a lot of excitement. Data models predicted riches. YouTube and Twitter told you the market would explode to the upside.Since last summer, you’ve stood on the ground floor of the next leg up, and it’s a whole different experience. Scary. Exciting. Frustrating. Terrifying. Stressful. Hopeful. A mix of emotions.

Crypto remains a wealth-creation machine, a generational opportunity to build lasting, durable wealth from owning a stake in the financial networks of the future.To paraphrase a US general, you may have thought crypto is all glory, but I assure you, it is all hell.In 2019, the market did 4x in six months to kick-start a three-year parabolic run, with upswings of +500% and downswings of +60% along the way.When the market zooms for three months, you feel a sense of ecstasy and excitement.

What happened to $288,000 bitcoin by the end of 2021? Stock to flow says we should be above $100,000 now.

 

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