The crisis does not come out of the blue and sometimes does more good than harm
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Hello friends I hope you are all well, this time I want to make an analysis about the times of crisis that may arise in some scenario in which many people expect the worst.
When it comes to being in crisis, many times there are alarms to which no one pays enough attention, it is normal to feel confident when everything is normal, however once the decline occurs, we can not assume anything other than to consider that it is the best thing that could have happened.
Take the example that is currently happening with the cryptocurrency market, all cryptocurrency prices went down, and may continue to go down even more, in a critical scenario that had to happen.
Sometimes the bad is the best, if the problem FTX was facing in what we now by now know ended in bankruptcy had not been uncovered, there would not be new ideas being floated about how exchanges must constantly demonstrate that they are not dealing in their customers' cryptocurrencies, and that in the event of bankruptcy there must be some backup to meet everyone's settlements.
Every change involves storms on the road, today it is normal that the automotive industry is very rooted in the world economic scenario where cars sell a lot, if we go back some years ago where cars were just starting to come to market, we can realize that many things happened, there were many car accidents that make you lose the credibility of investing in the purchase of ra of a car, so many years had to pass after that so today we see the automotive industry succeed and be established.
Let's go back to the crypto industry, even though the crypto industry is a few years old, it still has many storms to go through before it consolidates, these are just the first storms, we already went through the Terra Luna hurricanes, the CELSIUS exchange, but this hurricane called FTX is of major proportions.
The crypto market needs to be cleaned up, there are many companies and projects behind the crypto world that are not operating honestly, and they need to be uncovered, so even if the price of cryptocurrencies in general will go down, all this is necessary so that under a safer scenario, new investors have more confidence and can invest without the fear that their funds will be lost after the bankruptcy of any exchange.
Just as what is currently happening with the crypto market crisis, it is necessary that we assume any critical scenario as something useful and necessary to learn and move forward, sometimes so much comfort gives us a security that neglects us to travel dangerous paths, it is necessary to correct the path, even if that means a short time of crisis.