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Grand Time
Grand Time

Bearish trend 2022

2022 is the worst year for the markets in 50 years. 🤔

The reason for this is a parallel decline in both the stock market and the bond market. As a result, traditional portfolio investors are left with no alternative investment options.

📌 For example, in 2008 and 2020, when stocks plummeted, investors were able to seek refuge in the bond market.

📌  For 50 years, there were only 4 periods (including 1973, 1974, 1981) when from the beginning of the year until the last week of August, stocks and bonds were in the red. however, the losses were not as severe for stocks and bonds at the same time as in the current 2022. 📉

📌 As for the crypto market, back on December 11, 2018, Bloomberg called bitcoin a “bubble that burst”. Back then, the cryptocurrency was valued at $3,700.
And after that, we witnessed the growth in the value of the first cryptocurrency to its historical maximum, recorded in November 2021 at $69,000 per 1 BTC.
Investors got a good profit in this case, didn't they?

However, now we are seeing another bearish trend. And on the crypto market, too, everything, to put it mildly, is not very good. Projects are stumbling, there are problems with liquidity in a number of coins and tokens, there are problems with the withdrawal of assets from some crypto platforms.

By the way, if we analyze the trading turnover of August 2022 on cryptocurrency exchanges, then in equivalent they amounted to 630 billion dollars. Given that in July the same figure was $632 billion. Accordingly, trading volumes decreased by $2 billion compared to the previous month.

Many experts are of the opinion that the bottom has not yet been reached. So the so-called market reversal has not happened yet. Accordingly, we can expect a further drop in the value of most crypto assets.

The whole situation in the world is a reminder that bear markets are not simple. But, as 2021 has shown, sometimes it pays to be patient. 🚀

In addition, this is a great time to invest in serious long-term crypto projects, because now even top crypto assets have fallen in price.

However, do not forget about the risks.

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