We are facing another crypto dump, but who cares? Honestly, i am here for a long time now and i have seen a lot of ups and downs and I note that most of the top-tier cryptos aren't going anywhere soon.
Ofc i have faced rugs and keep on facing to be honest, even here on Hive, you can read my previous posts about that, but fear not, my children! Nowadays, crypto are widespread, people still fear investing in them due to fake news and many scams but there are two major things to take into account.
The first one is that currently a lot of major institutions, companies and even countries have bought and are holding BTC. That means that BTC is here to stay and that is not going to 0. The same applies to other cryptocurrencies as well but BTC is the king.
The second thing is that now we have BTC, ETH ETF, which give some form of "this is not a scam" type of thing and you can buy these ETFs almost anywhere that you can buy stocks as well, even banks sell them.
Now some small-time crypto will get dumped more as well and because the price can easily change if a few people panic sell, this will lead to more people panicking and may disappear.
Hive and LEO are quite low in my opinion and in general, quite undervalued. A whole lot of things need to be done to increase the value of both. Leo is in better direction in my opinion, as around Hive we have a lot of scamers and abusers currently.
Let's see what the future holds!