'm not coming here to be a downer, I'm just saying it how it is.
There is less demand for crypto in these rough times.
People are getting evicted left and right , and if not, they are paying $100s more a month in rent, $100s more for food, and $100s more for gas, and energy costs to support the family.
Simply put, it's not that people don't want crypto, they just don't have enough money to throw around after basic needs.
I used to add to my portfolio every month. Now I'm putting In a fraction of what I used to. I can put in much more. My SO and I combine for quite a bit in income, but I'm finding myself reluctant because of future costs.
For instance, I'm starting to spend more stocking up on food , and water for storage. Just in case. And diapers have nearly doubled in price.
Others who make less than us certainly can't put in as much as they used to either. My SO had a single mom friend crying her eyes out over a $600 month rent increase. Needing help from us. So in turn we helped her out. But that's less money for crypto.
All these little things add up and before you know it, that's billions less flowing through the cryptocurrency market when you consider the millions of people worldwide interested in buying more.
I'd like to tell everyone it's going to get better, but it's probably going to get worse before that wish come true.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments