01-09-2022, 04:47 AM
Is this really even a crypto crash?
<!-- SC_OFF --><div class="md"><p>I know the political turmoil going on in the world right now, and I've seen the fear and greed index. And I've read all the posts diving deep into the charts telling me why this is a crypto bear, mid-low, kangaroo market. </p> <p>Too many seem to think (or want to believe) that crypto is disconnected from the world markets and works in complete isolation... which obviously is ludicrous.</p> <p>Take a look at the state of the global markets, and tech in particular. Everything is in the red, and lots of it moreso than even the big coins. This isn't a crypto crash, it's a market crash. Definitely not good, but I'd be more worried about the state of crypto if this was happening while <a href="/r/investing">/r/investing</a> was partying in their new mansions.</p> <p>I'm not about to say that no one should worry, because I don't know shirt about fork, just like all the other posters don't no matter what they claim. But I do know that nothing that has happened in the past two months has changed the fundamentals of crypto, and I fully expect BTC & ETH to rebound healthily whenever the rest of the market does so.</p> <p>When will that be? Well if anyone knows that they are laughing about it on their yacht right now, not posting on Reddit, but I doubt it will be never. </p> <p>Here's hoping for better times ahead, and I hope most in here are in a position to just HODL and not stress about dips/crashes like this too much.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/MrRabbit"> /u/MrRabbit </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rz6iqz/is_this_really_even_a_crypto_crash/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rz6iqz/is_this_really_even_a_crypto_crash/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I know the political turmoil going on in the world right now, and I've seen the fear and greed index. And I've read all the posts diving deep into the charts telling me why this is a crypto bear, mid-low, kangaroo market. </p> <p>Too many seem to think (or want to believe) that crypto is disconnected from the world markets and works in complete isolation... which obviously is ludicrous.</p> <p>Take a look at the state of the global markets, and tech in particular. Everything is in the red, and lots of it moreso than even the big coins. This isn't a crypto crash, it's a market crash. Definitely not good, but I'd be more worried about the state of crypto if this was happening while <a href="/r/investing">/r/investing</a> was partying in their new mansions.</p> <p>I'm not about to say that no one should worry, because I don't know shirt about fork, just like all the other posters don't no matter what they claim. But I do know that nothing that has happened in the past two months has changed the fundamentals of crypto, and I fully expect BTC & ETH to rebound healthily whenever the rest of the market does so.</p> <p>When will that be? Well if anyone knows that they are laughing about it on their yacht right now, not posting on Reddit, but I doubt it will be never. </p> <p>Here's hoping for better times ahead, and I hope most in here are in a position to just HODL and not stress about dips/crashes like this too much.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/MrRabbit"> /u/MrRabbit </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rz6iqz/is_this_really_even_a_crypto_crash/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rz6iqz/is_this_really_even_a_crypto_crash/">[comments]</a></span>Kind Regards R