As the market matures, the buble growth like 2017 will be difficult to repeat. The market will grow more stably. But I think now is the right time for truly visionary value investors.
The scenario you described as a bubble growth was actually a real growth that got a lot of people scared that it could burst. I think it was that skepticism that actually pulled price down in the first quarters of 2018, and not that Bitcoin was a facade. We can see, as evidenced, that Bitcoin isn't a bubble. The crypto industry has come to stay. I expect another major bull run in 2021. It's a repeat every post Bitcoin halving year.
I'm agree with you. That time ICO hyped a lot and now DeFi is doing the same. The signs are quite same But i think DeFi hype won't last longer like ICO.
Yes, that's true. Every bull year is heralded by a hype. 2017 was ICO hype and now it's a DeFi hype. We still have the ICOs with us now though it doesn't generate enough buzz as it did in 2017/2018. It's likely too that DeFi will still be in place even after the next bull run (which I expect in 2021).