Is Crypto Dead or Will It Rise Again?

Is Crypto Dead or Will It Rise Again?

"There are companies that are basically too far away to be practical to support." - Sam Bankman-Fried once said. Now includes FTX.

Is Cryptocurrency Dying?

The market is about to collapse. Be realistic. Don't think "now is the time to invest" until you see signs that the collapse is over.

Crypto hasn't expanded its uses. And if the fall in FTX causes others to cash out elsewhere, cryptocurrencies will continue to crash.

Be reasonable. Even with Defi crypto hasn't caught on for any use case except speculation. And until it does, it's nothing more than a hash that is a volatile digital representation of the dollar.

The whales are cashing out. You are holding the bag.

Is there still future growth in cryptocurrencies?

Have Bitcoin and major coins' fundamentals reversed?

Are Bitcoin and major coins technology worsening?

Has adoption decreased in this bear market compared to the last one?

Are there fewer use cases for crypto?

Are institutional investors and large corporations no longer using cryptocurrencies? ?

If the answer to most of the above questions is no, then most are correct.

There are no signs of future growth stopping. And as long as there is future growth, there is opportunity. But don't forget to assess your risk and your acceptable risk. This is the high stakes table.

So what do you think? Will you think it’s dying or will you still support and invest into it?