Post
Topic
Board Altcoin Discussion
Re: What Is The level of impact of FTX crash on Your portfolio?
by
samcoin
on 09/01/2023, 14:40:40 UTC
1: What is the impact of FTX bankruptcy sega on your
    altcoin portfolio?

Fortunately, I wasn't affected by the hack as I don't have FTX account, in addition I hold mostly Bitcoin and don't hold coins like FTT and Solana which made the highest drop down. The effect I had is the effect that all holders had, I mean FTX collapse generally affected all holders of Crypto because it was the catalyst for the recent drop down wave. In every cycle, there should be a black swan events, and in this one we have had Luna and FTX collapse, I hope there's no other events like these.

2: what is the level of your portfolio recovery because I am well aware that some coins have started recovering already,  but we can't be certain how long that recovery will last.

It seems Solana price has well recovered some of the losses, but I think the project lost credability as big part of the capital locked in Solana was moved out to other chains, so it's like a useless chain now.