Has the Crypto Winter Arrived?

Source

The Current Market Status

Is Crypto Winter Here?

2018 vs. 2022: a comparison between the previous crypto winter and the latest

Tips and Tricks to Survive a Crypto Winter

  • Save for better times: Instead of investing all your money during this crypto winter, saving up can be a better option, especially if you are a beginner in the market. You as an investor should also be aware of discounted sell-offs, as short-term market recoveries can be termed as the calm before the actual storm and end up causing you more loss than any profit.
  • Do Your Own Research (DYOR): This is the most important aspect you need to look over while investing your time and money in the crypto industry, regardless of the current crypto winter, but of course, now is the time to be extremely careful. It would be best to analyze everything, from the coin you invest to your strategies.
  • Don’t invest more than what you can afford to lose: There is no need for a reminder of just how unpredictable the crypto market can be, and because of this, there are always high chances of facing an unprecedented loss. As a result, you should only invest what you can afford to lose. Like with any other investment, you should only utilize your disposable income and have the patience to go through numerous stages before investing.’

Future of the Crypto Market

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Dr Vin Menon

Dr Vin Menon

A blockchain enthusiast and entrepreneur’s musings on the next big revolution since the Internet.