Not a thing to be joked with as wavering Nature of Cryoto market is passing in some ideas and thereafter there are introduction of unfavourable laws and principles which are of no value to the investors therein. What is now the fate of the crypto market as at the moment?
Several crypto lending market has has stopped its function of lending and the rise of FTX and NEXO coming as a consolidation and a rescue to investors. FTX which was established in 2018 has already made their name and been Verde in rescuing investors and already gathering firm to itself because of the processed payments being free and fair and also how swift they are once their terms is been agreed on.
The volatility of Crypto Market in Contrast to Investors Mindset
The crypto market is such that is unpredictable at some point and at such have different seasons which are obtainable in the market. These seasons to an extent are favourable to some investors and also unfavourable to others. Favourable in the sense that it calls for a time of bagging coins which are of great value though their price tags low but bagging them and awaiting for the bullish run to come. Unfavourable in the sense that though the values of some great coins are still intact but the price tags are affecting the wallet making looses abound. Still unfavourable in the sense that the liquidity pools are so much affected and the returns coming are lessen compared to what it was earlier before.
Apart from crypto business,a normal business experiences some times of looses though minimal at some point and at some time more gain. These two seasons are obtainable and a grounded investor should not be pushed by any down effect the market has at the moment. The mindset should be even after the discerning of some season in a market and the unforseen happens,accepting it in good faith and using the dip moment or less profit moment to re-strategize and also make good and wise decisions even in the dip that will turn out to bring massive income.
For me,the suspension of withdrawals by some crypto lending companies which has already showed a signal to what the future holds with those companies on a later run. The stoppage won't affect anything in the volatility of the crypto market as the market itself to an extent is unpredictable.
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