Luke Halford is a crypto educator who developed a passion for crypto and blockchain technology back in 2016 and is excited about the bear market that we are in right now. Why? In this episode we break down the opportunities that present themselves in recessions and bear markets. The goal here is to find the projects that are going to survive and as a general rule, the older and more established the projects are the greater chance they have to survive the rocky times.
What we are seeing in this current market is a wash of projects that didn't actually provide value to the ecosystem and marketplace. Remember, nothing is fundamentally changing about the technology or the projects themselves. However, much like the early days of the internet there are a lot of crypto projects that lack true utility. On the flip side, some projects have been able to hang in there because of the community that is backing it which is key for longevity and continued growth in the crypto space.
Luke also breaks down the stages of adoption and what needs to happen for mass adoption to take place for crypto and web 3. He also talks about regulation and the opportunities that that presents for people with certain skills. Make sure to check out the entire conversation with Luke Halford.
Quick reminder that what we are seeing now is nothing we haven't seen before.
Enjoy the podcast!
-Lucas
Make sure you connect with Luke Halford on email @info@crypto-coach.co.uk
And explore his website: www.crypto-coach.co.uk
https://www.cryptolabsresearch.com
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