Quote from: justdimin on Today at 01:59:10 PM

Quote from: BitKongy on May 06, 2022, 02:33:33 PM

Question for all altcoin investors

1. Can Ape coin beats doge coin some day? In rank on coinmarketcap
2. When should we start expecting a better greenish market again?.
3. Now that we are a ina bear market will metaverse hype keep going on?.

For the time being it is clear that we are in a FUD market. Not that there is a reason for it, people just saw it go down and they got in panic mode and sold and we went down. Of course, there are other reasons, long futures getting liquidated, high leverages turning btc into usdt, and many other stuff like that which all result with bitcoin getting sold mainly and that causes it to go down faster.

However, number one reason is people getting a big scare of the situation when they see the price going down. Of course, it’s temporary, of course we are going to go up again and we will break ATH eventually. We just have to wait a bit longer for it, but there is no doubt about the possibility of it.

I disagree, this bleeding red market has been foreseen and expected, not just FUD. Looks at how the NFTs hype brought up many newbies that know nothing about crypto at all. Looks at how many coins inflated that boast about their security but got hacked easily. The bullshit of some stable coins, the public shilling from influence figure,... FUD alone can't do this kind of damage to the whole market. We're way over due for a massive correction on the market. My only hope is that cryptos can be at least a bit better after all of this.