If the market topped on 6th October then it could be good bye for the crypto industry. The risk / reward ratio isn’t there anymore. Surely BTC will stay around. It continue to make diminishing returns and stay as store of value. If ETH and other top alt coins can’t make clear new all time highs, then it’s over for them. No reason to invest in them because the r/r ratio is not worth it.

Blockchain tecnology isn’t going anywhere and other assets will get tokenized, but that won’t help ETH price or any other alts that could be used for that matter. Stablecoins have also real life usage and more payments will be made with them in the future.

The pump n dump crimes will continue but you and me ain’t in them. In the future the only place where retail investors can make ten baggers is the stock market.

So for the future of the crypto industry, I truly hope this wasn’t the top.

submitted by /u/Dorkasteri [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading Spate of Robberies Targeting Swedish Bitcoiners Linked to the Country’s Unfit Privacy Laws.