So All Coins Are Meme Coins Now?

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This market is really something

Some months and even years ago I saw some coins (no, not memes!) crash and just keep crashing. -80% -90% and -99%+. It seemed like I got involved in some unlucky projects that just didn't make it. But from the looks of it, it rather seems that this fate is shared now by essentially all other ALT coins as well. Many, many projects with good fundamentals, a strong community and a strong use case are now down to the "failed" 99%+ levels, which makes them dead "on paper".

The good news is that I didn't just pick the unlucky ones since all coins have or are currently failing. The bad news is of course that all of the money I ever put into Crypto is essentially toast. Again, this fate is shared by everyone atm, so at least no one has to blame it purely on oneself.

Crypto veterans have been in this game long enough to know that selling a bag with a 99% dent in it, isn't an option. It means capitulation. The end of a journey. And also spells out "stupidity". So we rather try to deny that and look for hopium charts... Yes, not the best of options.

I get it now why people throw in their towels and give crypto the cold shoulder. I mean I'd honestly like to do that as well. But the things is that I am invested - solely - in projects that I believe in. I believe and see the vision that is possible. I see the use case, the community. Sure, there are some fundamental issues, but overall I think the tech is still good and worth a lot more than what some chart currently says.

I won't deny that I am hoping for some March reversal when we get the last blood moon for several years. This has so far always concluded the pain and bear phase... Will it again? It would be nice to see some growth after years of loss of confidence. Will we ever get to witness that again? It would be nice and a breath of fresh air. It would also be some long needed relief and some confirmation that the projects we are involved in are actually somewhat meaningful...

As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!

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