So, it may appear as though the humungous shakeout in the crypto industry may has hit the bottom, and we're bouncing along it. However, I don't think we're out of the woods just yet. Crypto has found itself in the position of being tied to the macro economy, which is in the process of major bubble bursting and restructuring - plenty of uncertainty.

There's another bumpy ride to watch out for in crypto - the Bitcoin miners, those who mine the Bitcoin blockchain to process the transactions on the chain. The price of Bitcoin has dropped so much that many will be on the point of bankruptcy, meaning they have to sell their holdings of Bitcoin in order to make ends meet. It floods the market and brings the price lower. It's called a "miner capitulation" and has happened in all previous cycles. This capitulation may have already begun happen, so another strong dip in prices could happen in the weeks ahead.

That said, I would imagine we're not far off the bottom if there's yet more to fall. On the positive side, what we have in the current situation is a tremendous generational buying opportunity. The good projects will thrive and grow coming out of this. Institutions are getting onboard, which will only accelerate as regulation to protect them and the consumer comes in. Personally, I'm still tremendously passionate about the world of crypto as a means by which regular people can connect and exchange in a multitude of ways. We are in the early stages of the next financial quantum shift, and one in which there is likely to be a lot more fairness and light than what we currently have.

Stand strong, stay long folks. The best is yet to come!...