Post
Topic
Board Altcoin Discussion
Re: wrx token going continue down, why?
by
tygeade
on 20/03/2022, 14:24:09 UTC
this is not really bad because we also know that most altcoins are still dropping since the early year. Let's see most coins are right now still struggling very hard, moreover with the high volatility of Bitcoin that always give influence to the altcoin price.
Don't think too hard, if you can still hold the tokens, just hold it. They are exchange tokens that may have good fundamentals. Just consider the plus and minus of holding the tokens.
Be patient because the market still keeps struggling right now, facing all possibilities, FUD, and also sudden news that sometimes can drop and rise the crypto market as they like.
It seems that all Indian based crypto/exchange are down? what is happening to them. Is there are an issue again with the legalization of cryptos in India? Because, they always have an issue with cryptos before and how many times they allow and disallow it. 6 to 8 months of down for wrx is a long time and looks not normal anymore. The cryptos dumps have started on December last year and lasted only about 4 months because after that we have seen cryptos are now recovering.

Wrx should also recover that time. The overall market of cryptos are not fully recovered yet so maybe you can extend your patience too for wrx coin but once return to normal and this coin still down, that's the time to dump it too.