Boomers Win, GenZ Loses: How Crypto Became the Ultimate Distraction Trap

I've had it worse in crypto these last couple of years but it was never as worst as it is nowadays while everything else is at it's peak. None of us could've imagined that the altcoins are going to go this low in a so called bull run.

Now it is getting uglier than I thought because seeing altcoins like hive at current prices the market doesn't make sense at all.

Something is broken entirely and I don't know if we will ever recover from here. It'll be some sort of miracle if we come any closer to all time highs on these altcoins.

Everything is Heading to Zero, No longer a Meme

We used to joke about how everything is going to be at zero someday but now looking at those charts it seems like we are already there.

I wasn't wrong when I once said that the markets are here for boomers, they'll be set for life as the one that are ruling on this world are boomers too

And crypto is merely a distraction for GenZ to keep them busy and delusional that they'll make it out of it and going to have a life they're dreaming.

But the truth is we got owned by boomers as their safe heavenly assets have outperformed us and their requirements funds are at highs while GenZ in crypto are looking for ways to pay back loans.

Crypto won't need a bailout but those in crypto who are holding any coins at the moment definitely needs a bailout but everyone knows if anything goes terribly wrong from here no one is coming to save us

But when it was supposed to save boomers everyone would do whatever it takes to make it better.

We are doomed as long as we don't get the power we are supposed to have and there should be a day where everything else related to stocks and real estate or metals are going down only while our market goes up.

But that's another kind of delusion cause we know first to follow every single time stock goes down is nothing else than crypto.

Builders are seen nowhere

This is worst than the bear market and I'm speaking it from the experience, never seen anything like this in last 5 years

Everyone is dumping relentlessly and surprisingly there's few of people left who are "building" as everyone else has extracted enough that there's no narrative left to milk.

Haven't seen anyone other than cz talk about "keep building" while getting abused and thrashed by everyone else in the community.

I remember in last bear market everyone were optimistic, much more and they were like just keep building and things will get better eventually but now it's the other way around.

No one seems to care about building in this space and we are getting hammered every now and then.

So we can only hope that we'll see a rise from here at some point otherwise it'll be very difficult to ever see trenches alive. Wonder what's your thoughts are and what you've observed about market that is changed? Do share your thoughts in the comments.

that's all folks.