yes bear market but will move to bull soon as the tech market and stocks are Improving.

According to circulating articles, Mr. Putin said he was being anticipatory in his actions and thus trying to save Russia from her perceived enemies. Well, that is not my concern

HaHa.."Well, that is not my concern" I agree.

Quote from: TomPluz on July 02, 2022, 05:41:35 AM

Yes, we are now officially in the beat territory and there is no sight as to when this can be ending as the global economy lead by USA has the risk of falling into recession. The crypto industry is on the cleansing stage...those platforms especially DeFi that are not really performing well and was good in hiding their tracks are now slowly exposed and if they are not really fit they should go and be deleted from the face of the Earth. We have to be careful with what we are supporting with...as it would be so hard to determine a bad project from a good one...better go for those that have already proven a consistent history of value building.

I can't seem to agree more. These times of bear market, just go with the already well-established crypto projects in the market but because some people are still hooked on the get rich quick syndrom, you will find them investing in projects that might eventually die off the market if this bear season drags on for long which might. However, how much down the market will go is uncertain though from these chat, it doesn't seem like much but maybe we might start seeing some sideways movement before a retrace upward again.

Quote from: TomPluz on July 02, 2022, 05:41:35 AM

Yes, we are now officially in the beat territory and there is no sight as to when this can be ending as the global economy lead by USA has the risk of falling into recession. The crypto industry is on the cleansing stage...those platforms especially DeFi that are not really performing well and was good in hiding their tracks are now slowly exposed and if they are not really fit they should go and be deleted from the face of the Earth. We have to be careful with what we are supporting with...as it would be so hard to determine a bad project from a good one...better go for those that have already proven a consistent history of value building.

I can't seem to agree more. These times of bear market, just go with the already well-established crypto projects in the market but because some people are still hooked on the get rich quick syndrom, you will find them investing in projects that might eventually die off the market if this bear season drags on for long which might. However, how much down the market will go is uncertain though from these chat, it doesn't seem like much but maybe we might start seeing some sideways movement before a retrace upward again.

Thank you for sharing this was really wonderful.

Thank You the thread has been Informative. As a beginner who is learning about crypto was always fascinated by Polkadot and its use cases.

Staying optimistic, The market will bounce back and gain new better momentum and growth.

“Altcoins” are cryptocurrencies that exist in addition to Bitcoin. They have certain qualities in common with Bitcoin, but they are also distinct from it in other respects.

Like :
1. They share similar methods to either Bitcoin or other popular currencies like Ethereum or Cardano’s ADA. Altcoins also aspire to become bigger than bitcoin by becoming a more affordable way for digital transactions.
2. Altcoins are designed to overcome Bitcoin’s perceived restrictions in order to gain a competitive edge. Many cryptocurrencies, including Bitcoin and Ethereum, employ the Proof-of-Stake.
3. Altcoins have built a market for themselves by establishing a clear distinction between themselves and the Bitcoin currency.

In short, Any alternate crypto to Bitcoin is called an altcoin. Cryptocurrencies known as altcoins make use of a technology known as “blockchain,” which enables the transmission of secure peer-to-peer transactions. Building on the popularity of Bitcoin, they tweak the regulations a little to appeal to a wider range of customers.

Few alt coins that are good to keep watch:
Aave, Compound, Ripple and ADA are examples of altcoins.

Anything that is not in TOP 10-25 coins are all very risky the TOP 10 itself is risky so think simple.

If Bitcoin can slowly enter the gold market and occupy that place. Then people will believe in bitcoin more than gold. And in all the countries where bitcoin is not legal, they will gradually invest in bitcoin from gold. If JP Morgan's words are true.

First and