Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
Cointelegraph
Published Jun 21, 2022 03:50PM ET
Updated Jun 21, 2022 05:40PM ET
There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know that diamond handing can mean near (or total) annihilation.
Regardless of one’s investment philosophy, in risk-off environments, participation flees the space with haste. The purest among us might see a silver lining as the devastation clears the forest floor of weeds, leaving room for the strongest projects to flourish. Though, doubtlessly, there are many saplings lost who would grow to great heights themselves if they had a chance.
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Written By: Cointelegraph
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