Quote from: lixer on Today at 11:20:52 AM

Quote from: Novita on Today at 08:44:17 AM

Quote from: Odusko on May 24, 2022, 07:00:31 AM

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

Indeed if we look at the charts of the crypto market, many coins have experienced a decline from time to time, such as Bitcoin, Ethereum and several other Altcoins, but I personally believe that they are able to overcome the problems that occur in the crypto market and will recover slowly,
So we all know that every business has its own risks. let alone invest in crypto, especially Altcoins whose value is pegged on demand, if the demand is greater then the value is higher and vice versa. My advice, you invest some of your funds in coins that you think are stable and you can still control your finances.

That is caused by a bear run and not by the luna crash but fortunately, the market is getting better now as coins have recovered by a certain percentage. Each crypto can have their own personal problems and they can only overcome it if their developers are willing to, but for a general problem like bear's then a good crypto can always survive it. This bear seems a long one, that is why the recovery of the coins is also slower than usual.

There are even times where they are already doing well (recovering a good percent in their value) but they fall again later on. They are not stable yet. This is why investing in stable coins like you said is also helpful to avoid situations like this.

Yes, that's right, maybe the bear market this time will be longer than predicted. It is also possible for some people to not be able to survive in a situation like this and decide to take a stablecoin to minimize the risk. But this is an opportunity for people who have a lot of money. Yes they must have taken advantage of this kind of situation to enter more.