Here's How People Use Crypto Bear Markets to Create GENERATIONAL WEALTH
Vitalik Buterin - the creator of Ethereum - recently talked at EthDenver about how the bear market is for builders.
I can't agree with this sentiment more. I've been saying this throughout the entire bull market that it has been hard to motivate existing devs and find & hire new devs to LeoFinance as we build our Web3 Ecosystem.
I believe that there is a lot of building to do in a bear market and that it is an extremely healthy time for Crypto to consolidate - not in terms of price, but in terms of technology.
Crypto Technology can get quite spread thin during a bull market. People begin to focus entirely on the price of cryptocurrencies rather than the underlying fundamental development of this revolutionary technology.
While price is great and it sucks in capital - which is the vital life force of building - it also can be extremely distracting for developers, users and investors.
In my opinion, the bull market is when we take profits and build a massive treasury. The bear market is where the fundamental buidling takes place. I've taken this approach and migrated massive profits to build a treasury for LeoFinance development to not only continue in the bear market, but actually thrive and be more explosive and expansive than ever before as devs will be hungry and easier to come by than in this bull market.
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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