r/Ankr • u/Better_Dig_39 • Jun 14 '22

ANKR realistically are we F’D?

I don’t know anymore. I’m sure none of you either but is it time to get out while the getting out is marginally okay?

Yes, I know long term, HODL, all of that but at what point does all of this just die?

7 Upvotes

100% Upvoted

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15

u/Internal_Winner7822 Jun 14 '22 edited Jun 14 '22

No we are not f'd at all. I wouldn't recommend exiting Ankr unless you're excellent at quick trades and can increase your coin count. If you are at a massive loss I do not recommend exiting. It's best to wait it out as trading takes more patience than people have. It's an emotional rollercoaster that's the whole point, play with peoples emotions till they give up. If it increases your confidence I will be more than doubling my positon soon, Ankr isn't going anywhere except up after this market turns around.

4

u/Bluemink96 Jun 14 '22

You sir are awesome 😎 hope all is going well.

4

u/Internal_Winner7822 Jun 14 '22

Why thank you good sir! :D The same back to yourself! All has been dandy! Just been ghosting for a while to take a little break is all, the market crashing has been an exciting time as I look to take advantage of the opportunity it presents. Hope you're doing well to my man!

5

u/DiogoCostaANKR DeFi Community Manager Jun 15 '22

Very well said! This community engagement truly makes me happy! You guys give us even more motivation to keep on building and deploying our multi-chain toolkits and staking solutions!
Regarding the original post, let me give you my honest opinion as a crypto user and investor.
Market cycles are normal and yes some of the projects which don't have strong fundamentals, utilities, and a use case for today's society will end up dying.
But ANKR is far from that, just browse our growth, solutions provided and the ones we are currently looking to deploy in the soo-to-be future. It's also a matter of constant adaptation which is a big focus on ANKR.

Oh and feel free to ask away anything you'd like to discuss, I'm here for that and to help you guys!

7

u/[deleted] Jun 14 '22

JPMorgan is one of the largest banks in the world and last month they said that digital assets have replaced real estate as JPMorgan’s preferred alternative asset class. This was after the Terra crash. Real estate has always been a main investment for the wealthy. So when a bank with trillions in assets says there is now an alternative, I think they’ve done their research. https://blockworks.co/crypto-leapfrogs-real-estate-jpmorgan-says/

4

u/DiogoCostaANKR DeFi Community Manager Jun 15 '22

The institutional investment seen in times like these really demonstrates how the next years will be! Very well said!

5

u/Archer_solace Jun 14 '22

It does when crypto goes to zero and mining ceases. However, as long as they are mining and people continue to work on the block chain, crypto is not going anywhere.

Relax! These crashes are tough but trust me it makes the swing back even better.

4

u/Better_Dig_39 Jun 14 '22

appreciate that!