Welcome to the world where you could Rich now and be Broke the next minute

Cryptocurrency is not for the weak, I have been in this space for years now, and it is like my mind is already prepared for whatever outcome I get from the market. I am not over joyous when the Market prices explode, and I am not sad when a coin in my portfolio rekt. I am being cold as my heart seems made from stone. Well, that's what the crypto market can turn you into if you have been here for years.

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The recent events in the crypto market prove just that, as I see many people losing money, and they still have time to make jokes about the whole situation. If the FTT situation is not in scope, let us talk about the coin that REKT mentioned earlier, which was LUNA. LUNA investors are still struggling to cope with the loss that they incurred. Although many plans have been in place to rectify the situation, such as a new token created to replace the old one, these efforts are a little bit late and not ineffective.

The LUNA case was even harsher than the present case or situation we find ourselves in with FTT. Although I did not know the extent of damage the FTT founder did, I am pretty abreast with what the Founder of LUNA did. I believe that Authorities are still searching and calling for the Head of the LUNA founder. This is what we get in this crypto space, and the Manipulation never ends. The concept of the Blockchain as a transparent space where all could know what's going on is becoming questionable. Most people are only aware of the damage done when it is too late.

While the value of the whole crypto market is hovering around almost half the total value at the beginning of the week, the recent occurrence continues to show how bad an actor the people are compared to the government we are trying to run away from. The whole concept of blockchain is escaping government policy, transparency and making payment seamless. Still, the purpose has been defeated as some people have devised a means to con the system.

A lot still needs to be implemented as this bear market will make people cash in and look for a profit before pulling out. The adoption rate will be slower than initiated predicted, but the good news is that this whole FTT case happened during the bear market. So better days are ahead in the crypto space.