Will we see another dead period for Crypto?
It's no secret that we're heading into a global recession in 2023.
The question is, will the Crypto market feel the effects too?
At the start of 2021 we saw massive buying power come into play and the Crypto market boomed. We saw a 250% increase in prices over 2018's boom before it promptly imploded during mid-late 2022.
The previous "dead period" lasted for 2 and a half years. How long will the upcoming one last for? Will we see immediate recovery? Or will we need to wait it out?
Crypto is here to stay, so of course we go long (when looking long-term), but for now I'll keep my money in stocks and bonds elsewhere.
The question is, will the Crypto market feel the effects too?
At the start of 2021 we saw massive buying power come into play and the Crypto market boomed. We saw a 250% increase in prices over 2018's boom before it promptly imploded during mid-late 2022.
The previous "dead period" lasted for 2 and a half years. How long will the upcoming one last for? Will we see immediate recovery? Or will we need to wait it out?
Crypto is here to stay, so of course we go long (when looking long-term), but for now I'll keep my money in stocks and bonds elsewhere.
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