Crypto is dead
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Joined: Aug 2002
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From: Naples Florida
Vehicle: 2001 Tiburon
Crypto has dropped in value so much in the last 3 months. I dont think it will recover to what it once used to be. Has anyone else sold everything they had and wiped their hands with it?
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Joined: Dec 2002
Posts: 5,735
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From: Vegas, Baby, Vegas!!!
Vehicle: '14 Ford F-150
This is why sheeple lose out in the stock market. Panic selling. Bitcoin was a little over $1,000 a year ago. It's still over $8,000. That's not what i call "dead" or even "down". I know lots of people who sold all of their stocks in '09 when the market crashed and lost their asses. Guess who didn't? Yep, this guy.
I sold what I had left of Bitcoin when it hit 19K. I still have 20 Litecoins, and while I havent lost too much of what I invested (bought it when it was still pretty low), I'm hopeful it'll rebound and gain a lot of value over the long term.
I think that cryptocurrency will be able to recover because this currency is popular all over the world. Of course, the collapse of luna will scare many traders. Still, I think that other cryptocurrencies will be able to recover. I think the crypto market is decided by crypto-kits, and they will recover some currencies. Still, even with the fall of crypto, you can make some money. I'm already trading with mt5, and thanks to this app, I managed to earn good money even in a time when everything was falling.
Last edited by shabbirh; Jul 29, 2022 at 05:11 AM.
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