Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.
Thank you.
I will read all comments to see the reason.
Honestly without knowing which coins it will be tough to Guage what you should do. Some alts are worth holding. But I'd say for the most part we are sliding into a bear market and alts haven't been stripped down down. They taken some falls sure since November but the bottom definitely isn't in. The economies effects haven't hit the crypto yet but once housing starts diving things will start to spiral and people will be forced to exit positions in frivolous altcoins to cover real world stuff. I wouldn't hold too much.