Why I prefer bear markets!
Bear market aren't as bad as people believe...in fact it can be enjoyable as much as a bull market
Let me tell you why I believe bear markets are even better than bull markets:
first of all more people have an opportunity to get in at relatively low prices thus more natural mass adoption by natural I mean an organic decentralized growth where people actually believe in their coins by educating theirselves
So the "more" ETF rejections the more chances a common person has in getting in
Of course this is a scenario that won't last forever because the people in power will never let a couple of hundred of millions let alone a couple of billions of people be financially "independently"
Jokes apart, they will try to get control way before that happens and the reason for the news around crypto is for them to retake control as soon as possible...
So be careful on what you wish for and think twice about the effects and consequences of an ETF being approved, in fact be very afraid if an ETF gets approved because that means all the other exchanges can shot down by cease and desist if they are not playing by the new rule
Every nation will have eventually its own ETF and all the other exchanges and means of trading will have to comply or close shop
So again those are the reasons why I prefer a bear market because the next bull run will be with an ETF on your a$$
So enjoy the bear
and buy the red
cause sure enough
an ETF won't care