What This Bear Market is Trying to Teach You

Not everyone loves a bear market, but they are a real necessity in any evolving market. They don’t provide much hype or euphoria so it’s easy to understand why many people have a reptile-brain reaction to a bear market. But for what bear markets lack in hype and euphoria, they make up for with sobriety, rationality and a return to fundamentals.

Bear Markets are needed because they test the “foundation” of the market as a whole. They also emphasize which projects and products are sustainable financially and have a good value offering. Bear Markets highlight shortcuts that were taken during bull runs, and cleanse the market from products and services that do not have a solid foundation, allowing other, better alternatives to exist. In many ways, Bear markets are like necessary forest fires, that cull the forest and re-balance the ecosystem, allowing the sun to shine through the dense canopy and on the ground.

Here are the top things that we have learned during this bear market -

Algorithmic Stablecoins Are Not Stable

The catastrophic crash of Terra LUNA and UST has confirmed what some of us were speculating about for months. In case you missed it, LUNA fell 99.999% from its previous $117 all-time-high position and is now trading at fractions of a cent. UST currently trades at $0.02 with no…