# Some thoughts about the current market situation.

**Published by:** [Meytab](https://paragraph.com/@meytab/)
**Published on:** 2022-11-22
**URL:** https://paragraph.com/@meytab/some-thoughts-about-the-current-market-situation

## Content

First and foremost, I give all my support to those who have lost feathers because of FTX bankruptcy. You’re not alone, so please talk to your trusted social circle and spend more time with family. In short, put what happened into perspective, despite the impact it may have had on your life. Fuck SBF & Cathy, these bast****. Repeat with me. Fuck SBF & Cathy… It is a obviously painful stage to pass, but from which we will rise stronger as individuals (at least, that's what I hope) and as an ecosystem. The fall of FTX also made me realize two things: the bear market is here to stay and regulation in certain economic regions of the world is going to get tougher for crypto players (cc MiCa). Everything is fine, lmao! But we're not going anywhere. From now on and if it was not already the case, your only assignement will be to utilize this period to establish a well thought-out plan for the weeks, months and years to come. You will probably ask me (or not, but please pretend lol): which project to follow? It's very simple and you'll discover it by yourself as you explore this vast digital world, like Ash Ketchum in Pokemon series. Here are some of my recommendations 👇 Take advantage of this (shitty, let's say the words) period to: Learn more about blockchain technology, how to code, read smart-contrats in Solidity/Rust language(s) or start a web3 project thanks to Alchemy free courses, Discover (new) DeFi protocols through rabbithole.gg or even beta.layer3.xyz Explore current and emerging networks, Hunt airdrops that worth it in terms of technological fundamentals and financially speaking, Know how to perform due diligence (criteria), Implement security measures for your bluechip assets (BTC, ETH, Stables & NFTs), Apply a strict management of its addresses (Burn wallet, Vault, Main, Second…), Grow your network and connections, Be part of web3/crypto/NFT communities that matters for you, Organize your twitter feed with lists, subscribe to newsletters that deliver value, Improve your on-chain reputation or Degen Score, whatever, Expand your knowledge… Or even use one of your skills and work full time in the ecosystem/crypto space! If you don’t, you will probably regret it sooner or later! Sorry Ser, I didn’t made the rules. Please stop looking at the price of your coins and move on, we'll do the math in 2025. Keep in mind that money 💵 is a consequence, not the cause and certainly not the purpose. Last thing, if you want to go down the rabbit hole 🐇 … I can help you with that! All you have to do is following me on Twitter. Simple, right? My DMs are open, as well. See you next time 👋 Subscribe

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