What a Week! Scandals, Hacks, and Market Swings

[Jujuboy]

A meme coin scandal involving a nation-state, a record-breaking exchange hack, and wild market swings last week was nothing short of chaos!

The crypto space never sleeps, and it definitely keeps us on our toes. How are you all holding up after this rollercoaster of a week?

[TomPluz]

And this week the market seems to be back on track most especially for Bitcoin, Ethereum, XRP, Solana and ADA which will comprised the announced crypto strategic reserve under the trump administration. Although there are still many things to work on this plan and proposal and may need the approval for Congress for this to really steamrolled, the market reaction has been so positive. And I am not actually wondering why all because we know that crypto is very volatile...it can launch a rocket to the moon (or maybe Mars, if you like) or it can send down like a raging lightning down. Last week I was sad because I was trapped when Bitcoin hit the $80K zone though I know deep inside that things will be back soon...and I am  proven right. Let's just  hope there can be no another big crash this month of March though there is really no guarantee in this moving market.

[hugeblack]

What did I miss? What is the meme coin scandal involving a nation state?
Volatility has been the basis of the market for a long time and without it trading would not be active 24/7 so it is mainly related to cryptocurrencies.
The scam that is happening now is one pump up and a continuous correction.

[robelneo]

A meme coin scandal involving a nation-state, a record-breaking exchange hack, and wild market swings last week was nothing short of chaos!

The crypto space never sleeps, and it definitely keeps us on our toes. How are you all holding up after this rollercoaster of a week?

This is the reason why cryptocurrency is full of uncertainty and the market is highly volatile. There are many dramas and surprises, but it's still great to be part of it. You'll definitely miss what's happening if you take a day off.
You should not have an emotional attachment to coins, projects, and events if you want to be safe in a roller coaster ride brought about by what's happening in the market.

[yhiaali3]

Nothing new, we are used to market fluctuations to the point that it has become something normal that does not cause any strangeness, so it is normal to see all these fluctuations.

The market is highly linked to the news, as any negative news such as the collapse of the presidential meme coins or the hacking of the Bybit exchange leads to a significant decline in prices.

On the other hand, there are positive news such as the decision of the US strategic reserve of cryptocurrencies, which led to the return of the market recovery, this is the nature of the market and nothing strange.

[Alone055]

The crypto space never sleeps, and it definitely keeps us on our toes. How are you all holding up after this rollercoaster of a week?

How am I holding up? By staying away from all the chaos and drama and chilling while making a few trades on the most reputable cryptocurrencies with low leverage and taking small profits, forgetting about everything else. That's how you deal with such stuff. You can't control the market, so you gotta accept what's in front of you and make good use of it, and that's what I'm doing.

The crypto market is always dramatic, and that's what we should love about it. What's the fun if there is no drama? When there is no FUD or negative or positive stuff happening around, there isn't much volatility, and that means less opportunities for us to trade and make profit.

If you are good with handling the pressure, you won't be worried about the swings and waves.

[Bobcrypto]

What did I miss? What is the meme coin scandal involving a nation state?
Volatility has been the basis of the market for a long time and without it trading would not be active 24/7 so it is mainly related to cryptocurrencies.
The scam that is happening now is one pump up and a continuous correction.

No doubt, crypto market price volatility, and fluctuations are obviously some the characteristics of the crypto economy, it considered a normal situation, and no cause for fear.
As you know, every market fluctuate at intervals, it is a proof of the demand and supply activities on the market everyday.
In facts, when there are demand, there will be a corresponding supply on the market, and without these factors like, trading/investing, or buying and selling, there will not be a completed market trends or activities over times. In a nutshell, the crypto market is a 24/7 buying and selling of crypto assets.

[Cryptsafe]

Crypto is not for the faint-hearted, if you can not withstand the storm do not bother to come near. Being in crypto, you just have to devise a means to be on guard, if you can not crawl, you must tiptoe, if you cannot tiptoe, you must run and if you can not run you must fly. Either way, you must belong to one category to safe guard your self for the race. It is either you hit or you get hit.

So far, the journey in crypto has not been easy,  everyone here definitely has experiences and I could tell that it broadened my knowledge and understanding of how the industry works. Believe me, the happenings around, make you get hard skin to know what to do at times.

[Stompix]

What did I miss? What is the meme coin scandal involving a nation state?

Choose your poison:
- US president launches a pump and dump
- Argentina's president backs a pump and dump
- President of CAR launches a pump and dump meme coin
And plenty more

[Zed0X]

When you've been through one or two cycles, these sort of things become a common occurrence and you feel immune already. Some new/unique things happened this year but I actually thought they are still small compared to the previous crashes. Looking forward to the next craziness

[Kemarit]

When you've been through one or two cycles, these sort of things become a common occurrence and you feel immune already. Some new/unique things happened this year but I actually thought they are still small compared to the previous crashes. Looking forward to the next craziness

Exactly, even if we are in the bull run, there could be a lot of surprises, even negative news. And as we move forward and evolved, there will be new news that will affect the market negatively.

But it seems to settle down already, we've regain $90,000 and there is one big positive news that everyone is waiting. And this is about this Friday's summit on the White House and there are noises in the background that Trump might announcement how Bitcoin and other cryptos as US strategic reserves. And if this turns out to be positive, then we will see 6 digits again and we might see the biggest green candles since Trump was declared the winner.

[JorvikCoin]

When you've been through one or two cycles, these sort of things become a common occurrence and you feel immune already. Some new/unique things happened this year but I actually thought they are still small compared to the previous crashes. Looking forward to the next craziness

Exactly, even if we are in the bull run, there could be a lot of surprises, even negative news. And as we move forward and evolved, there will be new news that will affect the market negatively.

But it seems to settle down already, we've regain $90,000 and there is one big positive news that everyone is waiting. And this is about this Friday's summit on the White House and there are noises in the background that Trump might announcement how Bitcoin and other cryptos as US strategic reserves. And if this turns out to be positive, then we will see 6 digits again and we might see the biggest green candles since Trump was declared the winner.

You're so right! People's vibes about the market can flip fast especially with big news like politics or money stuff. If that Friday rumor is real, I bet bitcoin could take off but i am not jumping in blind just yet. Short term ups and downs are wild but I think the big picture like more people using it and rules settling in is what'll really matter. Let's watch what happens and stick to the good sources for updates!

[ZAINmalik75]

A meme coin scandal involving a nation-state, a record-breaking exchange hack, and wild market swings last week was nothing short of chaos!

The crypto space never sleeps, and it definitely keeps us on our toes. How are you all holding up after this rollercoaster of a week?

Nothing new for a old customer this is not a big deal  but for newbie it is big deal and many have lost their funds and liquidated themselves long ago, future traders lost most in these market trends and these trends were really unexpected.

The whole two months very bullish and bearish at the same time and this never happened before too. Market really never sleeps and give big goosebumps to all of us but only persistant ones holds and make good profit.

[Faisal2202]

A meme coin scandal involving a nation-state, a record-breaking exchange hack, and wild market swings last week was nothing short of chaos!

The crypto space never sleeps, and it definitely keeps us on our toes. How are you all holding up after this rollercoaster of a week?

Crypto really never sleeps even when it is consolidating, people are making profit and market keeps moving, only the flow becomes either slow or fast, I am holding on great with this rollercoaster but I want this to stop hehe because I can't tolerate more.

Market is too boring, I am in great lose, and maybe many others too, people are waiting for big pump, this reserve thing can be the next big news we can see in the upcoming days, I hope this news will take this rollercoaster to a new height, and then I want to exit the rollercoaster at the very top hehe.

Market is really a big rollercoaster.

[ajiz138]

A meme coin scandal involving a nation-state, a record-breaking exchange hack, and wild market swings last week was nothing short of chaos!

The crypto space never sleeps, and it definitely keeps us on our toes. How are you all holding up after this rollercoaster of a week?

Nothing new for a old customer this is not a big deal  but for newbie it is big deal and many have lost their funds and liquidated themselves long ago, future traders lost most in these market trends and these trends were really unexpected.

The whole two months very bullish and bearish at the same time and this never happened before too. Market really never sleeps and give big goosebumps to all of us but only persistant ones holds and make good profit.

You are right, for those who have been here for a long time it is not a big problem, because in the past we were also used to something big happening, but for those who are new of course this is something very surprising and even causes problems for them.

This is why the crypto world is always interesting, and even if we miss it for one day, the next day we are already behind on new news.