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Don’t Fear the Reaper: Why the Market Downtrend Is Good for Crypto

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Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.______As bitcoin (BTC) sunk below the USD 20,000 mark, the panicking voices filled with eschatological fervor seemed to come from around the community.

The same USD 20,000 mark that five years ago looked like a pinnacle of cryptocurrency success is now a grim gravestone sitting comfortably over the crumbling pipe dreams of Lambos, luxury yachts, and gambling sprees in Monte Carlo.This is the very thing that is wrong with this sort of thinking.

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