​'When in doubt, zoom out' (3 charts to calm your mind).

Humans are adaptable. We're not immune to shock, but when things change, we get used to it all pretty quickly.

For example:

  • COVID lockdowns - we went from worrying about the 'unprecedented times' we were living through, to fretting over what was left to watch on Netflix, and whether or not GameStop was a good buy.

    (All in a matter of months).

  • The 2008 Global Financial Crisis - sentiment went from 'this is the end of capitalism,' to 'oh, no, wait...we're good' in ~6-8 month period.

  • Bhad Bhabie's music - sentiment quickly changed from 'oh, the "cash me outside" girl is trying to capitalize on her Dr Phil appearance,' to 'Damn, her music kinda slaps...'

Right now, the crypto market is coming off a twelve month downward trajectory, setting a pretty sombre mood in the space.

So let's zoom out and look at where we've come from (on a broader time scale).

Bitcoin is up 123x since CoinMarketCap started tracking it in 2013.

Ethereum is up 429x since CoinMarketCap started tracking it in 2015.

Hell, even Solana (one of the heaviest hit, of all major tokens, by FTX's collapse) is up 14x since April 2020.

So what's our point?

One project's failure (FTX and its FTT token) doesn't = the death of the industry.

The same way that: if Bhad Bhabie's next single is a stinker, it isn't going to mark the end of the music industry.

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​Old trick, new application.

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​'Multiplayer Crypto' is a thing now?