What does a bear-market ‘cleanse’ actually mean?

2022.07.07 04:16

What does a bear-market ‘cleanse’ actually mean?

The post-mortem consensus on the crypto market crash among industry leaders ranging from Polygon co-founder Mihailo Bjelic to billionaire crypto investor Mark Cuban is that bear markets are a healthy way of cleansing the market. The latter even referred to a line used by long-time crypto critic Warren Buffet to express his opinion of the matter.

Ariel Shapira is a father, entrepreneur, speaker, and cyclist and serves as the founder and CEO of Social-Wisdom, a consulting agency working with Israeli startups and helping them to establish connections with international markets.

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