You are viewing a single comment's thread from:
RE: FTX files for bankruptcy
There may certainly be collatoral damage, but I don't think it will be large enough to have a material impact on the crypto markets looking out several months from now. For that reason I think bitcoin is likely getting close to a bottom already. I wouldn't touch most altcoins, but buying bitcoin on this latest plunge and looking out several years from now seems like a decent bet to make.
I agree, on the long run, buying Bitcoin amidst this drop it is going to pay off.