Post
Topic
Board Bitcoin Discussion
Re: So my portfolio is down %70...too late to pull back now I guess
by
xSkylarx
on 27/05/2022, 16:19:06 UTC
This downtrend has been detrimental to my health (mental health). Exactly %70 just now. No lunch money type of money either.

Have we ever experienced this kind of downtrend before?? What's the latest on how long this might last, or if it's even going to recover.


Are you mostly in alts? Because if you are, then your pain and suffering might have only begun. Bitcoin came back from every major crash happened before but alts don't share the same luck.
I believe that he is focusing most of his attention on alternative cryptocurrencies because his portfolio drop a lot. As you may already be aware, most of those alternative cryptocurrencies are having trouble regaining their previous prices, or doing so will take several years or even longer like ETH. Additionally, I won't say the current market situation as a bitcoin crash because it is not a crash; rather, BTC is in downtrend. This takes place every year without fail. You probably remember when Bitcoin reached $20,000; after a few months of that, it dropped quite a bit, but what happens after that? It created a new ATH.