/biz/ - Business & Finance

>>22526224
In the first half of 2018, $1.5 to $0.17 was the worst feeling. The fact that the whole market fell didn't make it better. If anything it made it worse, because it made you wonder if the whole crypto space was destined to fail miserably while the rest of the economy was just fine. As if it was just a failed experiment that only a few nerds were into. All of this while normies and "serious" investors looked from the outside, with their "real" investments.

Fast forward to almost 3 years later... It's a completely different scenario. When you talk about crypto not everyone assumes you're involved in crime or money laundring. We haven't had a "real" crypto bull market since 2017. The virus hit, and suddenly the stock market is being propped up by dollar printers. We know some investors are going into btc/eth as a sort of hedge. Money is cheap and smart people don't know where to put their money. People are starting to think about automatization, online business and blockchains as something where we're naturally moving towards. More time at home means people are doing more trading (pic related), and getting into more risk because everything's going up. DeFi is the new thing (and guess who benefits from that). Now nerds aren't just into crypto, they're into yield farming. Normies are into crypto. It's all very different.

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