Quote from: o48o on August 29, 2022, 09:09:00 PM

Quote from: Novita on August 29, 2022, 04:07:36 AM

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My question is will this have any impact on cryptocurrency projects

Your account isn't new, so unless you have been living under a rock you should know that stocks most definitely have impact on crypto markets. We know this because it has happened many times in the past. But right now it could be even worse because this bear will be on whole another scale. Although i personally think we have seen the bottom when i look at the charts, we could stay here for a while because future is really uncertain as stocks react to world events and Europe is really volatile right now.

While it is possible that we have already seen the bottom or at least we got very close to it we never know what it may happen, the economic situation around the world is very volatile and if yet another event happened which destabilizes the world economy yet again then it is quite possible that the market could experiment another crash, which is I think something that no one in this market wants to see again because not only this makes us to lose money, this also means that the crypto winter will last even longer than what we thought.