More pain ahead but it builds character

The crypto industry is constantly evolving, and with that comes growing pains. All the hacks, exploits and controversies surrounding crypto are part of the growth.

All things considered, crypto is still the new guy on a planet filled with industries that are hundreds, thousands and millions of years old. Due to its youngness, it is much easier to be dismissed by the media and the powers that be.

This is actually asymptomatic with society these days. Everything just seems to be over the top these days.

For example, Bitcoin's drop to $34k range or even dropping to $30k will be described as a "crash". I mean, yeah people are selling right now but that's just a normal reaction to the times.

There's a lot of fear in the air and people have a right to do whatever they want with their money after all. On Twitter, it is described as a crash and the doomsday memes on Twitter, while being funny, also points at a culture of hyperbole.

In any case, it is important to note that things are bad now but it is also possible that it could actually get much worse. That, on its own, isn't a bad thing because it is all part of growth.

When you think about the industrial revolution, the stock market and all the other industries that have matured over the past couple hundred years, you'll find that they all had their own calamitous events. However, overcoming challenges is what builds character.

For the crypto industry, our four-year bear market and red periods like these form an essential part of the growth process. If your intention is to build something that lives after you, then you just have to take it in your stride.

If you're worried about volatility and struggle to cope with the emotions that come with it, there's HBD stable coin to help you cope. If you're hardboiled and unbothered by numbers fluctuation, then just keep calm and hold.

I've always believed that overcoming adversity is the fastest route to growth. A fine example of that is the formation of the Hive community and how it has surreptitiously overshadowed Steem in a short time.

I can't even lie, I was petrified at the thought of forking, but I still voted for the community fork because, while potentially coming with some pain, it was the right thing to do. Fast forward to today and we're in a much better place than we've ever been as a community and there's still so much more to come.

The point I'm trying to make is that, while things look bad today, and with the chances that they could get worse tomorrow, overcoming the present challenge is all that matters. In the crypto realm, this might be as simple a task as holding through the chilly winter.

Disclaimer: This is not financial advice, always do your own research.

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