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re: Why is crypto crashing?
Posted on 5/14/22 at 10:32 am to SlidellCajun
Posted on 5/14/22 at 10:32 am to SlidellCajun
it is true that crypto is Cyclical. I'd expect another big boom in 2024 should conservatives win.
it's also true that a lot of money is leaving crypto and is leaving the exchanges. I have what I have staked in networks doing what crypto is meant to do and earning yields. But if you aren't doing that, really no reason to hold shitcoins unless you're putting them into their respective networks.
finally Tether FUD and printing out of thin air like they're the US government has been a thing for many years - and it looks like it may actually come to fruition now.
it's also true that a lot of money is leaving crypto and is leaving the exchanges. I have what I have staked in networks doing what crypto is meant to do and earning yields. But if you aren't doing that, really no reason to hold shitcoins unless you're putting them into their respective networks.
finally Tether FUD and printing out of thin air like they're the US government has been a thing for many years - and it looks like it may actually come to fruition now.
This post was edited on 5/14/22 at 10:39 am
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