Mindao
@mindaoyang
Perpetual Optimism | #investing#, AI, crypto, social movement, my opinion is mine (乱弹琴）
Joined February 2012
1.2K Following 60.7K Followers
2022's bear: self-mistake & correction, a clear way out eventually.
2025's bear: identity crisis for builders, VCs, OGs. Wall St takeover, casino-only apps, ghost chains, extractive VCs & MMs, AI cannibalization. No clear path.
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TBH this is the easiest bear market I've ever seen.
Seems like most of you have forgotten what 2022 was like. Luna collapsing, then 3AC, then FTX, then Genesis, BlockFi, Axie, NFTs--pretty much everything felt like a house of cards.
And then after all that stuff collapsed, the BANKS collapsed, stablecoins depegged, Gary Gensler and the president tried to destroy almost every company in the industry--I really wasn't sure how much of this stuff was going to survive.
Compared to that? This is breezy.
Prices have gone down, yeah whatever. Fundamentals are great. Crypto is working.
So relax, get something to eat. Lock in. We'll be fine.
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