I get it, its VERY frustrating to see this. Almost every coin on the market is down by more than 50% including Bitcoin. In fact, the majority of alts are down by more than 70% right now.
I’m not here to push the cringe worthy narrative of “why aren’t you buying” cause I bet the majority of us on this board have run out of extra funds to reinvest and we’re frankly tired of people urging others to buy more and more.
I am, however, going to say that the exaggerated price jumps and drops (in relativity to other markets) are the exact reason we entered this market and are so infatuated with it.
I don’t think any other market can offer this much gains in this small time span honestly. And for that to happen, you need to see huge dips like this one.
Instead of focusing on prices all the time, why don’t we focus more on the development that’s happening in the market instead?
Look at Chainlink for example, they’ve been upping their development progress by a wide margin even compared to how it was back in the bull market. HBAR foundation has also been allocating hundreds of millions of dollars for expanding and improving the Hedera ecosystem and they’ve been doing a great job at that.
Right now there’s a lot of huge development going on in the market and I think this is what we should be focusing on cause this is exactly what we need for the long term.
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