last year was actually a very good year for cryptocurrencys, that was actually the year that many cryptos got to their all time high before it started dropping in price as at late last year, well, that aside it actually down on me to flash back on how most people around the world celebrated the Christmas and new year with the crypto market being very bullish as at that time, this was the time I also believe that people that invested in crypto cashed out out massively because virtually all cryptos were on the rise. so last year means the their was more money for people to spend, but unfortunately we won't be having that excess money to spend this year because of the situation surrounding the crypto market especially the bear market.
I was one of those that benefited massively from the bullish crypto market last year,,it was the same last year I joined hive and from the hive I made some cool money which I actually used for the celebration of both the new year and Xmas, aside that I had some other cryptos which I sold off and I was able to enjoy the new year and Xmas bountifully, I was even giving money to siblings and relative for the celebration, well all the fun I had during Christmas and new year last year was as a result of the profit I made from the investment, to be honest crypto last year made Christmas and new year to be fun for me.
unfortunately it's obvious that this year is not going to be like it was previously, almost all cryptos are down due to the bear market and this makes it very hard for people to cash out from their investment, I guess this is going to make it a little bit difficult for people to celebrate the new year and Xmas lavishly although there are people that might not be really affected but if the market is bullish , it could add to people's spending and make the celebration more interesting, without been told I am very sure that alot of people must have missed the crypto market being bullish.so last year bullish crypto market has a very positive effect on people but this year the effect is totally different, I personally is not really happy with the bear market because I know how it cryptocurrency helped me to be able to celebrate both the new year and Christmas. well I am hoping for better years ahead.