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IF there is another bull run, it will definitely be the biggest one yet. Here's why:

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by COINS NEWS 91 Views

I know what you're thinking: "Another hopium post?" Well it might be a hopium but my head blew up these past couple of days and here's why:

So I recently took on an HR project for my company to hire new Analysts. As the job description includes a lot of macroeconomic and market research (primarily on equities) during the interviews, every candidate casually dropped that they "traded" crypto at some point in the past couple years. ALL of them. At the end of the interviews, out of curiosity, I would ask them if they still hold and most of them said no but they will look to buy in again.

I know this is not a massive sample size or a complete survey or something but after like 30-40 interviews it hit me:

So many people have already bought (and probably still hold) small amounts of crypto. We can assume that most of them know how to buy and already have an account on an exchange or something.

This wasn't the case before (at least pre-2020). One of the main obstacles to mainstream adoption is the fact the accessibility of crypto ownership to the masses.

Now, let's talk macroeconomics and significant events. I'll keep it short without details: The economy goes through cycles, interest rates will eventually be lowered, and risky assets will once again become attractive for investors. This has always been the case. No matter the fundamentals, when money flows, risky assets appreciate in value.

Talking of cycles, BTC goes through halvings, you all know that. Next halving comes in less than a year, this could increase institutional demand and may cause BTC's price to increase. What happens then? FOMO. Every single person who "bought some" before, will start buying again. It's simple. This is how it always works, especially recently with how easy it is for every person on the planet to throw their cash on the latest meme stock and shit coin.

Don't forget, retail btc addresses are still higher than institutional btc addresses.

Sure, people lost their trust due to the collapse of Luna, Celsius, FTX, and all those greedy degens who thought they were untouchable. People lost money in every sort of scam coin, meme coin, rug pull, influencer stunt, and so on. But do you think these people won't rush to throw their money in once again when BTC starts climbing up towards $50k, $60k, and past previous ATH? It will happen at some point. It always works like that. The economy won't suffer forever, and new BTC won't be created forever.

There's a lot of things that need to be discussed ofc: regulatory frameworks, more scams, bank failures etc. But at the end of the day, I'm talking about BTC here. And as long as bitcoin lives, the rest of them will too.

submitted by /u/DerpJungler
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