Poll: Are We In A Bear Market Or Is This Our Normal Crypto Market?
Admittedly I joined the crypto world late. However I did join in time to see the end of the last bull run. In fact I got caught up in it and bought some XRP (My First Crypto Purchase) for over $2 each. Today XRP is trading at $0.27XXX USD. I think its fair to say I got caught up in the FOMO (Fear Of Missing Out) that was taking place at that time.
Shortly after my purchase the price of XRP (along with (almost) everything else crypto) started to tumble downwards and we have yet to see a full recovery or have we?
After all a notable crypto assets has stood out among the rest. The game Steemmonsters (Splinterlands) has digital tokens known as monsters and an in game currency known as DEC, both have held their value very nicely.
Not only has the cards (which are a form of crypto) held their value but in many instances card values have went up and continue to do so while the majority of other cryptos stay stagnate or continue to fall/recover a little and then fall again. Lets take a look at the current market cap for the in game digital cards, its at $4 Million and looks like its growth isn't stopping anytime soon
What if we aren't in a Bear Market, (Shocked Face) ,What if the current market that we are experiencing is the normal crypto market. What if the downward spiral we experienced was a massive correction to the correct market prices of our crypto assets?
As someone who joined the crypto world late, I would love to hear your thoughts on the above in the comment section below.
What is @steemmonsters ?
Steem-Monsters is a digital card game created by @aggroed and @yabapmatt. Early game release has launched and prizes are already up for grabs. Some of the cards in this game have already sold for upwards of $3000. You can check out Steem-Monsters by clicking here. You can sign into the official site using your Steem details.
- Bear Market
- Normal Market
Answer the question at dpoll.xyz.