Post
Topic
Board Speculation (Altcoins)
Re: Is it the end of crypto?
by
livingfree
on 10/01/2022, 11:00:40 UTC
Crypto is fading out now. That’s the end for crypto.
Have any proof for that?

The market is going down but it's not fading out.

There has to be a huge difference for going down and fading out, there are altcoins that are fading out because they're going near to zero with their volumes.
Sure! It is only a frustration mindset that could utter such a sound.

There have been 8 consecutive days of red for BTC, which prevents some good alts from taking off. Most of these altcoins are likely to go near zero in very common scenarios. Most can't take off without Bitcoin waking up. BTC still leads the market and isn't fading away despite all the rumors.
It's like the known quote for the market.

Quote
When in doubt, zoom out

And people don't do that when they're only looking at the short time frame of the market. They have to acknowledge long term in the market and recognize the ups during the past years.