Post
Topic
Board Altcoin Discussion
Re: How Are You Preparing For 2023?
by
Silberman
on 30/12/2022, 03:05:11 UTC
I think i Will do the same as 2022. Get invest in trustworthy new projects or invest in projects that have a good marketcap. Avoiding some random memecoins on Twitter or other social media. Also i hope there is a good surprise for bitcoin and there is no more like FTX or LUNA again in 2023.
It would be nice if we did not got another major meltdown of a big coin or company, but I suppose this is going to be difficult to accomplish, and this is because in my opinion most businesses expected the previous bull market to be bigger than what it was, so when the bull run ended they were nowhere near the economic position they expected to have at the start of the bear market, this explains why coins like luna and exchanges like FTX collapsed, however their collapse most likely is going to have severe consequences for many other coins and businesses, then I expect that we will see many other businesses going under during the next year.