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Would the recent downturn/downswing in Crypto Currencies impact your future Crypto plans?

Postby ptrikha21 » 17 May 2022, 16:30

Just a few days back, I was a bit surprised(although not truly shocked) to see many Crypto currencies having a big fall.
My holdings at Zebpay : mainly BTC fell a lot and so did others.
As I have some other financial constraints and upcoming expenses as of now, I am cautious and not putting more money although the conditions look "Bear-like".

And what about you folks?
Are you folks cautious and not investing more as of now?
Or buying up more thinking that this is a time for long term consolidation?
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Re: Would the recent downturn/downswing in Crypto Currencies impact your future Crypto plans?

Postby mrki444 » 17 May 2022, 18:09

I didn't invest anything expect my time. Even price is down I still have plans with crypto (mostly staking) but I can't say my confident was shaked. It is not easy see one day 300$ and anothet 150$ in your wallet.
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Re: Would the recent downturn/downswing in Crypto Currencies impact your future Crypto plans?

Postby ptrikha21 » 22 May 2022, 12:36

mrki444 wrote:I didn't invest anything expect my time. Even price is down I still have plans with crypto (mostly staking) but I can't say my confident was shaked. It is not easy see one day 300$ and anothet 150$ in your wallet.


Yes, big fluctuations do make an impact and one cannot say that one's plans are unaffected by such developments.
As of now, I would adopt a cautious and phased approach.
May be I will buy if things improve, but not in a big manner.
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