Quote:
Originally Posted by AMSOILGUY
It hurts to look at your accounts right now! Did something fundamentally change in crypto? Not that I know of. Great chance to get in for really low prices. I'm doubling down!
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What makes Crypto real is Institutional investment. That started happening a few years ago. Whats driving it down right now is basic fundamentals. Specifically supply and demand, Demand is down and Institutional investors are withdrawing.
We're e also in for a Bear market.. many are suggesting a 20% drop in the major Indexes as we drive through Midterm elections, covid recovery and inflation.
Buckle up everyone.