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Crypto Sentiments

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by COINS NEWS 55 Views

Hey guys, I have been out of the crypto scene for a while, but upon visiting this sub again it seems sentiments have changed drastically. I invested a small amount in crypto in 2018 and kind of just left it before it multiplied in 2021 (still not too much money, but a win is a win). I’m not much of a risk taker, so while my friends got into the boom after that and started leverage trading I decided to hold a bit of all the large cap coins for the long run. I bought large amounts of bitcoin, eth and bnb, and put bits in ADA, SOL, LINK, POL, DOT, ATOM, AVAX, FTX and LUNA. I started researching them to get an understanding of what they were doing and remember, while they had their detractors, there was a lot of hype around all of them. I witnessed the FTX and LUNA crashes and then kind of just left my bucks and focused on other stuff. Coming back it seems that bitcoin and to some degree ethereum and maybe BnB are the only ones that still have any positive sentiment, and the rest of these favorites are now being bashed left, right and centre. I know alt season was a let down and there were some major liquidations and hacks but did anything else happen to cause this? Institutionalisation? Feels like the ecosystem buildup and all of that is not really something people are concerned about as much anymore. I don’t have much skin in the game, so just asking out of genuine curiosity.

submitted by /u/node22
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