Quote from: Vaskiy on October 21, 2022, 10:52:24 PM

Quote from: CuriousGeorge on October 21, 2022, 10:46:06 PM

Quote from: Miaallen on October 21, 2022, 10:10:45 PM

The reason many people most especially from the third world countries believe holding crypto in place of cash is better is that they fear the fall in their exchange rates as against the dollar. But most forget to convert their bags of coins or tokens to stable coins to avoid the losses attached to the crashes in price. Most people who hold crypto from the developed countries and eventually fall into losses after they have initially made a lot of profits do so as a result of their greed. Greed of not satisfying with little profits is what drives many into losses in the Cryptocurrency world.

The crypto has become the worst holding during the bearish market and cash is a very good holding during the bearish market. I guess if you do know this. It's caused by having cash make you can buy at the bottom with low price.
These days people are only realizing to buy at the bottom which has needed cash as the main requirement to do that.

This is wrong prediction. Whether the market is bullish or bearish it is good to hold in terms of cryptocurrency. Just think of cash during the bearish Market, it'll be the same as that in the bull market. So, moving the cash into cryptocurrency during the bear market is the best one can do than holding cash.

If Hold Cash will not be affected by the market conditions, good opportunities at this time because the market is bearish so that investment in Altcoins immediately then we can increase and get a big profit.