Is the Blockchain Dead, or Is It Time To Buy? The Embattled Technology Is Still Beloved by VCs and Retail Investors Alike, but Sentiment Is Volatile

 

If you haven’t noticed, the blockchain world has been pretty volatile.

OpenSea non-fungible token (NFT) volume is down more than 90%, and nearly everyone has heard about the multibillion-dollar scandals and subsequent collapse of FTX, Celsius and more.

Anyone that has been in the world of investing for more than a minute knows business magnate Warren Buffett’s famous quote, “Be fearful when others are greedy and greedy when others are fearful.”

Why It Matters: Recessions can be a great time to buy assets on the cheap, and ride the rebound. Given the severe decline in the price of blockchain-based assets, it could be a good time to start buying the dip.... Related post......

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