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Crypto Coins

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Forever

2 years ago
(edited 2 years ago)

As the majority of crypto coins are low and some are even broken (FTX, LUNA) what is your investment strategy in case you have some in crypto?

It is strange that this topic has never been discussed here, or I haven't been paying attention to it. As an example, I was able to double 7500 dollars in STEPN but unfortunately lost them all as a result of the global lowering situation of all cryptocurrencies.
Yes, it was a bad idea, but if not for the WAR, crypto coins might have been more stable.

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AveragePlan

2 years ago

From what little I've read the price may have dropped, but development activity hasn't really changed. So at least some people still think it has a very strong future, and the current dip may be temporary due to world being more crazy than normal right now. Or CBDCs become a big thing and it kinda dies. Not really sure.

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TechAUmNu

2 years ago

It's just the normal crypto market cycle, stick to btc and eth and you should be fine. Altcoins are a great way to lose a shitload of money (speaking from experience).
I would wait a bit longer to see if anyone else gets taken down by the FTX contagion, which is quite likely still.

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