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Don’t Fear the Reaper: Why the Market Downtrend Is Good for Crypto

Risk, Businesses, Dont, Good, Whats, Wrong, Fear, Serious, Reaper, Downtrend, Crypto, Market, Management, Usd, Bitcoin1 min read

Sergey Vasylchuk: The market is going through yet another recession, crypto winter, downturn — you name it. Anyone with slightest idea of risk management knew for a fact that it would happen sooner or later. The bear market always comes after bull markets and vice versa. To stay in crypto, you must act like a tough entrepreneur in a highly volatile market and think about creating value for the ecosystem, not consuming it. The market will grow again and it will be over and over again with each serious iteration of business models and more efficient and sound business models, he says. Those who faint looking at bitcoin price charts have no right to stay in the bitcoin market. Source

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