RE: Weekly WenSoon Show Recap - 6/21/2022

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avatar of @imno
@imnoa year ago
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1 min read

I'm wondering if the fear and greed index is as relevant for crypto as the stock market.

People can obsess about the stock market but crypto is something we basically live in. We start to think in terms of tokens. Like I'm trading NFT's on algorand still and I'm still thinking about it in terms of how much algorand I'm stacking. If bought this NFT for 200 algo and sold it for 300 algo, that matters to me no matter what the price of algo. Stocks don't have that. And as web 3 becomes closer to a reality, quitting crypto because the market went down will be like not using the internet because your amazon stock lost value.

This last cycle changed crypto from purely financial to something more.

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