What's up with Cryptocurrencies, should we be worried?

For the past considerable months Cryptocurrencies have been on the down low loosing value or depreciating as some will put it. Usually the dip usually goes down and then after some time it will then rise up and improve to a better stage and value. But for the past few months that is not the case at all, almost all Cryptocurrencies if not all have been going down deeper and deeper. At some times they will rise as if they are going to improve and surprise everyone but no they shock us all alone. A we have all witnessed the fate of Luna and people who have lost so much in that coin.

I fear some cryptos might not regain their old value ever again, God forbid. But it is really scary. I woke up today and I saw Bitcoin cash (BCH) was at $150. I always hoped that Bitcoin cash's value will improve but today I don't know what to hope. It is really heart breaking. I wish someone will come and tell me or just give me a prophesy or something of assurance that we will get to enjoy the fruits of our investment on some of the cryptos that have went so down.

What is worse is even Bitcoin (BTC) is not left out it has been devaluating drastically for long I can't even remember how long. It goes a bit and goes up a bit higher and then it gives the shocker by going down even deeper. Bitcoin (BTC) was at $23,000 today. How sad is that? Imagine the money lost by countless holders of Bitcoins.

Some people may be buying the dip right now but I'm sure most people are debating the outcome. Will it be profitable in the future to buy the dip now or it will be a loosing gamble? How sure are we that things will improve. I trust and I have faith cryptocurrency but you cannot deny that things are getting messy and scary when you look at the Blockchain and the Digital currencies. So my question here is, are we safe, are things going to get better, if yes how soon?

I have never written anything about cryptocurrency but today the situation has goad me to attempt it. Haha I guess it can't be help.

I am always greatful and proud of this beautiful souls, the are my sponsors.

I wish you all a happy new week and happy democracy day to all my fellow Nigerians. God bless Nigeria and its people, Amin.

What a beautiful day.

Thank you fellas.

Mon, Jun 13, 2022.

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