In previous cycles, you could close your eyes, buy a coin, and wait for profits to flow into your pocket. Excess cash from inflation flooded the market.
After 2022, the creation of cryptocurrencies happened faster than governments could print paper money. It completely destroyed the market structure, with coins being inflated and often listed at very high valuations. The creators quickly left with profits, leaving new investors with losses. Those who behave like thieves will continue to build new projects, and the cycle of crime continues. I call it a crime because it's like they are draining the blood from the innocent.
Hello June! Wishing you relaxing days ❤️