What a crazy month it has been in the crypto world / web 3.

Crypto and NFT Bear market, Luna crash, Otherdeeds for the Otherside minting fiasco. That's really a lot to stomach.

For those who lost tons of money invested in UST and/or Luna, I feel you. It's just devastating.

For those who didn't invest in it but thought you should have weeks before this crash; well this is a wake up call.

Only invest what you can afford to lose.

Only invest in BTC because there is no single point of failure.

All other crypto currencies and stablecoins are just like FIAT.

Take your crypto gains and convert them to BTC. You'll sleep better.


As for the Otherdeed NFT launch, Yugalabs really disappointed a whole lot of people. Lot's of people were ready with about 0.5 ether at most for gas.

And then the typical gas wars happened. People with a lot more ether in their wallet pushed up the price of gas to about 2.4 Ether just so their transactions will go through.

WTF.

Yugalabs did compensate those with failed transactions. But still this launch should not have gone the way it did.


Anyway, this bear market in NFT will be another opportunity to get in good metaverse project like this at a MUCH lower price. I'm watching and will pull the trigger when the price is right.


As for Bitcoin, it hasn't seen the 80% correction from it's all time high of 69k USD. That's 14k USD. Be ready. This will be an opportunity of this decade.


The bear market right now is not just in the crypto space but also in the tradFi stocks.

Coinbase stock price is beaten to a super low level that I think this will be an amazing buying opportunity. I will be watching this.