[spinny]

What people don't realize about cryptos and the current state (of crypto markets) is that the current downtrend is part of a larger cycle where for a period of time new players come into the ecosystem, launch lots of new projects, and then most of the get wiped out when people realize that the model behind the project isn't viable or just crashes.

First we had the shitcoins wave when everybody and their doge forked bitcoin. Few of them survived

Then came the ICO era.

Now it's NFTs and "not banks" like Celsius and other companies that move token custody from on-chain to a "trust me bro" agreement.

"Do i loose control of my tokens at any point ?" - on this Defi era, this is the most important question to ask before depositing your tokens in a contract