Man, we are taking a huge hit by this dippity affair in the Crypto space. The Crypto market is bleeding like crazy.
What dah! It's insane!
I'm sure y'all have already noticed what is happening cus 'the dip' is currently trending in all Crypto based communities. It's taking over the front page of newspapers. I know, nobody has time for newspapers 😏. Whatever.
Since this week, Twitter has been going crazy because of the dip. Yesterday was the apex I've seen so far. Everyone was talking about #bitcoinCrash, #Luna, #UST. The same goes for telegram channels. I've also seen some posts on Blurt that were written about this dip.
It's quite scary to imagine that many people's wallet will be looking like a bloodbath at the moment.
Are you scared?
In all honesty, if you choose to be scared, nobody will blame you because this is a scary turn of event. It's not very often you see people sleep and wake up to the realization that their asset lost 90% of its market value.
Remember, we are not talking of some shit coin. It's affecting every f*ckin Crypto out there.
This is the reality of many Crypto projects out there. Many are taking bigger hit than others and it's crystal clear that some projects will never be the same again after this dip. We've got to deal with that reality.
Is this an opportunity or a threat?
From my experience, I can boldly tell you that this sorta thing can be whatever you want it to be. If you want it to be an opportunity, you would have to hold onto your favourite Crypto and buy more of it. If you sell, you lose.
Well, none of these are financial advice and I'm pretty sure you know that. Let's endure this moment.
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