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Even with this bloodbath, the upcoming weeks do not look good either. We may be in for a bumpy ride.

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by COINS NEWS 144 Views

After today's massive bloodbath with nearky all alts down - 25%. That's pretty historic and I have a lot of respect for everyone still sticking around here and also for everyone who may have lost a lot in the past days. But even after this leg down, it may not be the end. At least there is no reason right now on why it should be.

The FED will continue to raise rates, now maybe even 50 basis point for a few months. The geopolitical conflict between Ukraine and Russia sadly has no sight of end or any peace. Covid may be a bit down during Sommer but we have got a lot of new variants that could make fall to a hell cases-wise.

No matter at which major macroeconomic conflict you look, it seems to be getting worse. But don't worry as we all know "This too, shall pass". It may take time but it will. Till then try to occasionally fill your bags with some cryptos you think will return stronger out of this, if you need to look away of the market do that too. Go on Netflix or so and watch some stuff you like, you don't need to be here if you are not feeling like it.

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