Just a PSA for all people fearmongering or having too much copium in their blood, but it's important to say:

    It's not crypto failing right now, it's the whole macro with the new FED chairman in the US, Trumps tarrif war and the never ending cycle where the market can't cool down and is in uncertainty non-stop.

    Silver fell more than 10% today so far, even gold is falling. The US stockmarket, especially in terms of tech is falling and crypto gets hit harder in those cases because assets like Bitcoin and Ethereum are still in a liminal space where they don't really have a full identity. A lot of people cash out into FIAT like USD or rotate back into other assets or stocks that are "boring".

    If you have your whole life worth in the market, consider DCAing out some of it, so you survive. If you have a lot of money in the market, but don't need it in the daily life, then forget about it. The market will probably not stabilize until may or post-may if Trump is not flipflopping with tarrifs or the US doesn't go through a massive change like impeachment, because of uncertainty with the new chairman. Japans economy is on the brink too and the US is supporting them, but all of it is super complicated so don't take it word by word. The RSI is oversold but we entered a new age that diverges from the 4YC.

    If you want to stay in crypto (non stablecoins) but be stable, switch to BTC, if you want to be semi-stable with potential for semi-safe upward later on then go into Ethereum. If you want explosive potential with the highest risk of losing everything go into Solana. If you want all of them, do a 50/30/20 split. Or 70/20/10.

    If you are in other currencies or tokens, then I'm sorry to say but you're gambling with your money. It doesn't matter if Algorand is good or xyz has good fundamentals, since they are not backed by institutions yet, which allow for a more stable floor once THE WHOLE MARKET reaches it. I don't need anything to say about Bitcoin but Ethereum is "backed" by many and considered safe for big transactions and Solana is the PoC for some like Visa or Stripe in terms of small but fast transactions in retail or things like SaaS.

    tl;dr: no crypto is not dead, but not stable yet. Go into either stablecoins for "stability", Bitcoin for crypto stability, Ethereum for semi-stablity with a semi-upward explosion potential or Solana for unstable but biggest upward potential while having the biggest risk. DCA out if you need the money.

    PSA: It's not crypto that is failing, it's the whole market. Stop the panic.
    byu/Ultrayano inCryptoMarkets



    Posted by Ultrayano

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