Cs2 Market Crash
Hello everyone yesterday I was reading news and I came across Cs2 news which was about c2 skin market losing 3 billion marketcap which sounds crazy. I always wanted to make money with cs go and wanted to invest in cs go skins and keys and I'm glad I didn't invest money on skins despite watching people make money with trading, investing cs2 skins tempted me to do the same. Cs2 is a centralized game and when playing you agree their terms and conditions which says you don't own any in game asset and they are free to do what they want. People lost millions, thousands, hundreds and some could take advantage of the crash cuz some gun skins went up in price cuz you can combine items to get rare skins like gloves and knifes.
Now let's talk about decentralized games. Let's say I play splinterlands and I buy cards from the marketplace and by doing it I own the cards and I decide what to do with it. No single entity can take it from me. The game is decentralized and most of the decisions are being made by players via sps voting which sounds fare to me.
Let's talk about another decentralized game Terracore. If I create a terracore account nobady is going to ban me cuz it's decentralized. I can freely buy, sell my in game nfts. Cs2 update shows us why decentralized games are the future. By playing Terracore I will have something back from it and it'll be entertaining but by playing centralized games the only thing I'll have is entertainment but sometimes it's not entertaining at all because of pay to win structures.
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STOPMarket crashes in CS2 can be pretty scary if you have a lot of valuable skins in your inventory. I remember when prices dropped significantly a few months ago and everyone was panicking about their collections losing value. What helped me understand what was actually happening during market volatility was researching the factors that influence skin prices and market cycles. Found detailed analysis about market trends and price fluctuations where you can get more info about how external factors like game updates, case releases, and major tournaments affect the CS2 economy. Understanding these patterns helped me avoid panic selling during crashes and even pick up some good deals when prices were temporarily low
Posted by Waivio guest: @waivio_alex-alexeeev