Bitwise CEO: In a bull market, project parties and market makers should change their mindset and try to challenge higher market values
Bitwise CEO Hunter Horsley posted on social media saying that the bear market breeds zero-sum thinking, where one person profits by getting a share from others in an ever-shrinking cake. But as of November this year, the total market value of cryptocurrencies has now broken through the previous high point of 3 trillion US dollars in November 2021. The market is entering a period where the cake is getting bigger and it's time to change our way of thinking. The winning mentality at this stage is to encourage maximizing the size of the cake, increasing participation, treating participants well, and supporting teams to maximize their potential and strengths.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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