Hello everyone … The uncertainty about when the bear season in the cryptocurrency markets will end may be pushing you into negativity. But patience is required. Bear markets create good opportunities to collect assets. I can say for myself. I'm busy collecting airdrops, testnets and potentially very cheap cryptocurrencies. It's a bit tiring, but all you spend is time and effort...
After a short introduction, we can enter our main topic. In this article, I would like to talk to you about a subject that I hear very often …
Investment professionals, cryptocurrency phenomenons very often use the phrase …
“99% of projects in the cryptocurrency markets will disappear…” According to CoinGecko data, there are about 1000 cryptocurrencies in the market. They claim that only 100 cryptocurrencies will remain.
All I'm going to say until this sentence is "A big bullshit..."
Let's dive into this a little bit...
There are millions of companies in the world right now. They serve their customers in the face of problems. In addition, companies that offer different solutions on the same issue are trying to grow in competition. It works according to the supply-demand of the customers and develops my products. Naturally, the companies that the customer does not demand disappear after a while. But now millions of companies and projects serve their customers.
Why is this not necessary in the blockchain and cryptocurrency markets… ?
These projects offer different solutions to problems with the development of technology. Investors decide in line with the services they provide. It's such a simple matter...
I want to explain to you with an example…
The operating systems currently used in the world are Windows, IOS, Linux, Android … These take a market share according to the features of the products they offer. This is valid in blockchain…
Blockchains such as Bitcoin, Ethereum, BNB, Polygon, … market shares change in line with the products they offer. Bitcoin and Ethereum are very valuable because they were the first coins. But that doesn't mean the others will disappear. New releases offer different solutions to the shortcomings of Bitcoin and Ethereum. If customers adopt these solutions and show interest, they will thrive, otherwise they will perish. It's a natural process...
My Last Words; Don't pay any attention to them. Blockchain technology will come … Embrace the projects you trust. Invest. Collect cryptocurrencies from projects that could become GEMs like I did. When the bull comes, let's evaluate these cryptocurrencies and get rich…
As I always say, “Listen to everyone, decide for yourself…”
Good luck …
