I Think, It Is Not Right To Not Believe Cripto

I know it's a bit ironic that we are actually talking about a drop in total cryptocurrency market capitalization when we increased by 350% compared to six months ago, but this seems to be the norm in almost every crypto-focused forum. nowadays It's true that we've been in correction mode for a week now, but I believe it's absolutely plausible considering the tremendous growth we've witnessed over the past six months.

I am aware that cryptocurrency spoils us all a bit as we are used to making insane profits in very short time frames, but let's not let greed do our best. This is human nature, but let's not forget that the total cryptocurrency market capitalization fluctuated around $ 400 billion in October 2020.

With that in mind, I think all this FUD is a bit funny to say the least, wouldn't you agree?

Some people argue that we see everything and there is no way we can go up and continue exploring new peaks, but I disagree. I think the crypto game is a living organism, it is constantly moving from one stage to the next, and it is obvious that we are still in the early stages. The fact that the crypto rush is still quite complex for the average Joe is a sign that there is still a lot of work before it goes viral.

However, positive statements made by governments, central banks, payment giants and giant companies reveal that this is inevitable. The big guys running the show realized that it couldn't stop the crypto industry, so they decided to accept it and adapt. There is no other way.

Crypto is inevitable

Central banks are spiraling out of control, printing money at a higher rate than they give to customers who trust their funds, and therefore kill the value of your money as the minutes go by. And as if that wasn't bad enough, they have been increasingly autocratic with more and more restrictions over the last decade, making it all the more clear that we need a reliable decentralized alternative.

These are just some of the reasons why I believe we are currently in the disbelief phase of the market cycle. Also the graphic is very similar to us.

Now, there is no way for us to get safe conclusions just by looking at the chart itself, because this is a very complex equation with many parameters, we literally have no way to describe it, but if you go back and start controlling the cryptocurrency market capitalization fluctuations right away, and after major events in crypto history, There are too many similarities to ignore.

To put things in perspective, let's take a quick look at the tables below. In the image below, you can see the effect of the bull run in late 2013 on the total crypto market capitalization chart. That year's bull run, which started at $ 1.5 billion in October 2013 and reached $ 15 billion in December, shocked the world and made investors very happy.

Isn't it surprising?

Now let's take a look at the table below which shows the fluctuations in the total cryptocurrency market capitalization over the past 8 years. So my question for you is: do you see the ups and downs of the 2013-2014 cycle? Everything is so damn straight. When you look at things from today's point of view, it's as if literally nothing happened.

The crypto game shocked the world in 2013/2014, but the supposedly incredible run of the past looks bad today. Can we expect more of the same in the not too distant future? I can't see any reason not to happen. The game attracts a lot of attention and humanity is now capable of generating much more wealth than it was ten years ago.

How long will it take us to see another major run that will make all previous peaks and dips look flat?

The patterns are there

When we did a big bull run that took the market to new heights, previous market cycles with all their dips and peaks would disappear from the charts. All that remained was the obvious trend that was always magnified in the runs that followed. Now I understand that this cannot go on forever; What I'm trying to say is I believe there is more to come up the road.

As far as I can see, we are now entering the Abyss, moving from Early Adopters to the Early Majority stage. Crypto is slowly but steadily being recognized as a means of payment and is considered a valuable asset by financial institutions and gigachads. Once the HTTP protocol is established, it becomes increasingly easy to join the game, as the internet does.

It's all speculation, so take everything you read with some salt. However, the signs are there and they look good. What do you think? Do you think there is more, or do we expect further decline in market value? I'd love to hear your thoughts in the comments below.

Thank you for taking the time to read these lines.

This is by no means financial advice. I share my personal views and experiences. Please do not take my word for your investment preferences and always do your own research.

Always stay safe, do not forget your comments and likes.