~
The most worrying of all is BNB, which is in freefall and its future might be doomed if no solution is found. What's your take on this? Do you think that a solution will be found to avoid any further losses, or are governments on their way of winning the war against cryptocurrencies?
The whole company has been thru a lot of problems already regarding different institutions in the past years, and this is just one of the problems that they will be facing now, and in the future.
Though I'm very optimistic that they can overcome this one, there is this kind of thinking in the back of my mind where I'm thinking "What if they will shut down because of this?". What will happen to them? What will happen to many Binance users, and knowing that they are the most popular Centralized exchange currently, for sure that the effect of this one will be much greater than that of FTX.
I guess the best thing to do right now is to "DO NOTHING". BNB is down, market is down. If you have spare money to buy then I guess you can buy coins right now, but if not then it's better to be patient, maybe don't look at the news for a moment, and relax yourself. As for me, this will be just another negative news that's happening in the crypto space on a weekly to monthly basis. I've seen many of these already, and yes the market is affected in different ways, but in the end, it will just go up like what always happen.