Every market situation always have a high impact on alternative cryptocurrencies more than Bitcoin, this is due to so many features that differentiate Bitcoin from altcoins.
Even though alternative cryptocurrencies are best for short-term speculation and not meant to be held for long due to their unstable market reactions.
So the question is.
1: What is the impact of FTX bankruptcy sega on your
altcoin portfolio?
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.
I don't know, maybe I was living under the rock, but I didn't trade or use FTX at all. Of course I heard about it , but dunno, maybe I smell something fishy with it meteoric rise in just short amount of time.
1. With the collapse, definitely it affected almost all crypto currency prices, so majority here see their money going down because of the collapse.
2. Still so-so up to this day, but definitely not the end of it all so it's better to not look at the negative. But continue to accumulate as much as we can because the price is still cheap. We should go on and look for our investment and not be negative about the impact it has bring to us. Look long term and you might feel good with your continuing accumulation in this bear market.