diversification is the key. I am in a few different assets and its daft to not have crypto as some of your portfolio. Nothing is entirely safe, particularly fiat currency in a bank when the coming shit hits the fan.
The funny thing about people criticising Crypto is that they dont think the financial and banking system is going to collapse in the next few years and their fiat money is going to be worthless. Nothing is safe anywhere, especially money in a bank.
If you are a long term investor then this isn't the worst place to start dollar cost averaging on Bitcoin, although it can go far lower still, it is in a zone that historical analysis suggests will be superseded in time . The big unknown here is how crypto performs in recession, but to be...
Sorry to hear. Your ETH will recover in time and be worth far more. LUNA was always high risk as are many of the newer projects and can easily capitulate. The golden rule of crypto is only invest what you are prepared to lose.
All the indicators suggest down, as far as $20k, but Ive not seen sentiment this bearish since 2018, which makes me think the opposite is always a possibilty. BTC loves to catch everyone out!