If This Is the Last Crypto Cycle, What Next?
Crypto cycles should be (have been) one of the first things new investors learn about crypto. Right after the "How to invest in cryptocurrency?" guide. FOMO and FUD should be explained in there too.
That could help avoid the initial bad experience of a huge virtual or even worse, marked, loss that many new crypto investors experience. And then some will try to "catch the falling knife", thinking it's a dip. More experienced investors may be fooled when the market turns from bull to bear, but not when it becomes clear.
I lost money during my first cycle in crypto too, and so did many of the people I know. It is a sort of baptism by fire I guess. That hardened and prepared us for the next cycle, but maybe some of us would have learned from the experiences of others and not made the same mistakes.
Personally, I learned about the crypto cycles after I made my first mistakes. But it's been a crypto eternity since then.
There are voices who say this is the last crypto cycle. I may be wrong, but I think this was said about the previous one too.
I don't dispute that the cycle we are entering might be the last. I am not sure it will be though, but time will tell.
The theory is that as major players like Blackrock, Fidelity, Visa, Mastercard, and others enter the crypto space, that will trigger mass adoption. As that happens, we will have crypto assets go up like in a regular bull market or maybe even in a stronger fashion, but they will never come down 80-90+% in a following bear market, because the demand will continue to be high and absorb the generous offer.
I remember the same thing being said about the cycle we have probably finished, and yet crypto coins went down by over 90% in many cases.
Maybe that's because of the overlapping bad economic conditions. The crypto verse wasn't going to be allowed to appear publicly as a solid alternative when everything in the fiat world was crashing.
But that would be a different story by the next cycle. The economy would have recovered and more key positions would have been controlled by the right people. Would this be the last chance to buy low?
The logic seems correct in assuming that once mass adoption happens, the floor will get higher. And with behemoths entering the scene, the moment when that happens is closer and closer.
I have a feeling at that time some assets will take off while others will not. Cycles will be replaced by targeted investments. In some way, this is already happening... But the difference will grow.
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It won't be so bad if this turns out to be the last crypto cycle. At least we'll get to see crypto being adopted worldwide and that's a good thing.
However, it's safe to say we can't know for a fact what to expect. Maybe this is the last or not it's left for the market to decide.
For us who are already early adopters, it certainly won't be bad if the cycle stops. Even though we learn more and more about it with each cycle that goes by.
I agree, it's unclear if this is the last one, but chances are it might be.
Hello @gadrian Im sorry that you lost money on the last cycle, I think we all did. Only the very sharpest and most vicious traders made out like bandits while the rest of us were left holding the bags.
This time around we all have to be smarter about taking profits!
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Not on the last cycle, but on my first cycle. It's been a while since then (in crypto time).
Yep, this part I've yet to master myself, even if it was better than in the past.
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Whether last or not, many valuable lessons have come out of it.
That's certain! And a painful lesson is easy to remember. Maybe that's why fewer people learn from other people's experiences and more from their own.
I believe this time around if this cycle ends, it will provide more millionaire
That's almost certain. At the same time, more millionaires means being a millionaire isn't such a big deal anymore. Inflation moved the rich status from millionaire to billionaire.
The floor price will definitely keep increasing with every crypto cycle. This might be the last cycle to accumulate tokens at this discounted prices. I'm also noticing the shift to targeted investments. There are investments that are moving independently and not following the general market sentiment. It could occur more in the coming years.
This is a sign of the crypto market maturing. There will continue to be cycles, they exist in everything (financial markets, economy, nature, etc.), but maybe as crypto grows we will see sectors inside crypto moving alike, divergent coins, and things won't be as simple as one big bitcoin cycle that pulls everything with it.
I will also say one thing here that if someone wants to come in this industry, he must first gain knowledge about all the things about it, otherwise he will do a lot of damage, the way I did before and this. After all I have read for a whole year.
Absolutely! If one doesn't learn about this market and what one invests in, that's treating crypto like gambling, and is a pretty sure way to lose money.
Yeah you are right.
I also lost money during that time. I did not really understand how the investment works so i was just doing anything I love
Yep, many of us had to learn the hard way.
What you say collerates with the Bitcoin dominance dropping less and less each cycle and now seems to be back recovering to near its usual dominance level but not quite as high as the previous cycle.
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Bitcoin often serves as a safe option during the bear market, and now with the regulatory uncertainty for much of the crypto market, including stablecoins, and with bitcoin regarded again as the safe option until the storm clears, I think it's normal for its dominance to raise again to very high levels. I doubt everything will concentrate in bitcoin and ethereum going forward and everything else dies because SEC says so. :)
That makes sense, it is an exciting time for sure whatever happens.
I still think cycles will happen but it might be more targeted. Cryptos linked to specific features will go up together. In a way, similar to how there are multiple sectors in the stock market like tech, finance and etc.
Ha ha ha, look at my reply here:
Do we think alike in this matter or what? :)
We might expect less volatility and more liquidity when the crypto market will be massively adopted by the mainstream.
In fact, volatility has been dropping in crypto (no more +/-20% days for bitcoin and 30-40% for alts), in general. And probably the liquidity has increased, at least for bitcoin and ethereum, but also on the DEXes. The trend will continue for sure.
The more liquidity and adoption, the range of volatility will become like the traditional market eventually.
True, nice info~
Yeah, sometimes we lost money on the first try. Most people left after that while others took the loss to experience. Experience really makes us grow.
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OK @gadrian maybe Blackrock changed to crypto now and that will help make it better with Visa, Mastercard, Fidelity. This will be good then so maybe Blackrock wants to help people now. It's looking up now and more positive! This is way better news than was SEC is doing in the US. Barb !BBH !CTP
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These guys are always after profit. They don't care about crypto, but they like the profit that can be made in the space.
Right Profit for sure. Places that big don't care about people that much as the profit they will make. !BBH !CTP
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