UBS bank warns that we are entering a crypto winter. A Nobel prize says that El Salvador President should be impeached for his disastrous choices based on Bitcoin, since the debt interest rate has increased up to 34% due to these choices, and the country would be considered as the worst one regarding debt management. Total crypto market cap has decreased in 3 months from USD 3 to 1.7 trillion... Almost divided by 2. That's not assumptions... Only facts.
Should you sell all your coins or continue to accumulate like the big whales would do it? Provided that they still do it...
No easy answer can be given. However, I remember the early '00s when people continued to accumulate stocks of some telecom companies who finally bankrupted... It can happen with any investment, even cryptos... Those people could have invested in Amazon and multiply their initial investment by 50 instead of obsessionally continue to put money in the same losing companies. It is the same for cryptos... Don't waste your time with losing schemes. Look around and identify the few growing projects. It could be GLMR, XTZ, XRD or EGLD... Nobody can tell you in reality. Look at the fundamentals and please DYOR.
Below a few links to earn more cryptos...
- Crypto.com: earn $25 CRO / Referral code: 439km3wyjs
- Elrond: earn $10 EGLD
- Legion Network : earn $5 LGX
