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Mind Of Mav

Is A Market Crash Good For Crypto In The Long Run?

 
 

When individuals lose a lot of money or perhaps their careers, some of you may wonder, “What’s so good about this?” There are a lot of reasons to be hopeful, after all.

People become more rational after a market crisis. Anyone hoping to make a fast buck by speculating or pumping will be calmed down by this. Sobering up individuals who live on hopes and dreams is what this does for such people. Approximately 75% of the market seems to be made up of this kind of participant. Real life has the power to chastise such conduct.

As a result of people’s preference for expectations over reality, this downturn occurred. If 75% of the market believes it will collapse, then it will collapse.

This is how markets operate: they simply meet the expectations of their customers. As a result of this, it seems that certain opportunistic whales reportedly took roughly a billion dollars from naive lemmings or risk-averse investors.

In the wake of these losses, many smaller enterprises succumbed to the same fate. Celsius, on the other hand, was dragged into the muck by regulatory scrutiny and dangerous remarks. The ETH staking market was thrown into chaos as investors sold their ETH in fear of losing their stakes. The result is a last-minute flurry of activity.

But, once again, what’s the big deal? In a nutshell, this is the market’s way of weeding out ineffective actors.

It is because of them that the market is the way it is, and they deserve it. There is absolutely no justification for those who swoon when they see bitcoin price charts. While skydiving requires you to be prepared to lose a limb, dealing with crypto requires you to be prepared for market downturns and downtrends. In all honesty, if you aren’t committed, there is no use in starting.

This economic slump pulls the scumbags out of business. It evicts people who became rich quick and then declared themselves financial messiahs and gurus as a result of their success. It will put a stop to firms that rely on a steady stream of funding rather than good business strategies to fund their operations. Because of this, programmers are more likely to work on actual projects that have a stable economy, risk management, and a long-term outlook.

The market will continue to rise and fall, and this cycle will repeat indefinitely. However, as time goes on, more and more effective firms will emerge that are committed to innovation rather than just earning a fast cash.

In other words, if you’re serious and ready, you’ll make it. What can I say if you aren’t? It’s only fair.

 
 
 

The ReadySetCrypto "Three Token Pillars" Community Portfolio (V3)

Add your vote to the V3 Portfolio (Phase 3) by clicking here.

View V3 Portfolio (Phase 2) by clicking here.

View V3 Portfolio (Phase 1) by clicking here.

Read the V3 Portfolio guide by clicking here.

What is the goal of this portfolio?

The “Three Token Pillars” portfolio is democratically proportioned between the Three Pillars of the Token Economy & Interchain:

CryptoCurreny – Security Tokens (STO) – Decentralized Finance (DeFi)

With this portfolio, we will identify and take advantage of the opportunities within the Three
Pillars of ReadySetCrypto. We aim to Capitalise on the collective knowledge and experience of the RSC
community & build model portfolios containing the premier companies and projects
in the industry and manage risk allocation suitable for as many people as
possible.

The Second Phase of the RSC Community Portfolio V3 was to give us a general idea of the weightings people desire in each of the three pillars and also member’s risk tolerance. The Third Phase of the RSC Community Portfolio V3 has us closing in on a finalized portfolio allocation before we consolidated onto the highest quality projects.

Our Current Allocation As Of Phase Three:

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The ReadySetCrypto "Top Ten Crypto" Community Portfolio (V4)

Add your vote to the V4 Portfolio by clicking here.

Read about building Crypto Portfolio Diversity by clicking here.

What is the goal of this portfolio? 

The “Top Ten Crypto” portfolio is a democratically proportioned portfolio balanced based on votes from members of the RSC community as to what they believe are the top 10 projects by potential.
This portfolio should be much more useful given the ever-changing market dynamics. In short, you rank the projects you believe deserve a spot in the top 10. It should represent a portfolio and rank that you believe will stand the test of time. Once we have a good cross-section, we can study and make an assessment as to where we see value and perhaps where some diamonds in the rough opportunities exist. In a perfect world, we will end up with a Pareto-style distribution that describes the largest value capture in the market.
To give an update on the position, each one listed in low to high relative risk:
SoV/money == BTC, DCR
Platforms == ETH, XTZ
Private Money == XMR / ZEC / ZEN
DeFi == MKR / SNX and stablecoins
It is the most realistic way for us to distill the entirety of what we have learned (and that includes the RSC community opinion). We have an array of articles that have gradually picked off one by one different projects, some of which end up being many thousands of words to come to this conclusion. It is not capitulation because we all remain in the market. It is simply a consolidation of quality. We seek the cream of the crop as the milk turns sour on aggregate.

Current Top 10 Rankings:

 

 

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