I have been asked by numerous people I have brought into the crypto world, if bitcoin Falls can the others survive. Like most I have reassured that there is no real end to cryptocirrency and although Bitcoin is the pioneer, there will always be other options. Projects start up nowadays on a daily basis and some of them are more than brilliant, however Bitcoins uncertainty has many wondering if they can trust anything anymore . Implementations are a must and a solid project needs to be backed by enough funding to actually show a long term investment, most do not have this. Can others truly survive if Bitcoin crashes completely?
Sanctions and new Laws have crushed the crypto world
One major contributor to the major fall in price and belief are all of the laws and regulations set forth in many different countries. The major scare to these countries is simply the fall of their currency When crypto takes over completely.
This thread or content if you will is a question to others who have been there since the begining, I simply want to know your opinion and how you feel investing can still be profitable for a long term ride...
Thanks for reading and I look forward to commenting back below...