Since the market crash of October 11th—a fact well-known to those in the industry—we've seen some institutions suffer heavy losses, some exit the space, and some competitors quietly halt their promotion of their "XX Life Meme" tokens. Many friends have asked me if this means a bear market is imminent. I can't answer that question—but you should ask yourself a more important one: Do you still believe in the future of Bitcoin and the cryptocurrency industry? If your answer is no, then perhaps now is a good time to exit. But if your answer is yes, then even if a bear market is coming, it's actually the best time to build your business—create real value for your users and prepare for the next wave of growth. Bear markets test people's beliefs. Builders use bear markets to prepare for the next bull market.