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The Cryptomise Sunday

The Cryptomise Sunday
Author: Mansi Patodi
11-Sep-2022

Why do we call it Crypto Winter?

Crypto winter is terminology for defining the bear run in the crypto market. It is when cryptocurrency prices fall in the long run due to market conditions. Crypto market moves are independent of other markets like the stock market, although sometimes, prices may collapse due to the impact on the overall economy. During this period selling pressure dominates the crypto market; however, some people and smart investors find crypto winter an ideal investment time.

When Does Crypto Winter Start?

The crypto winter is unpredictable; there is no defined duration. The last winter continued from 2018 to 2020 welcoming a powerful bull run in 2021. Analysts term the prevailing market downturn too as crypto winter.

How to survive crypto winter?

Buy the Dip
It is not the end of the crypto era. It has just begun, and you might wonder, but unlike earlier crashes, the selling pressure is really low. This indicates that people have got a more refined understanding of the market.

Invest only the amount you can afford to lose
Yes, buying the dip is an absolute idea. But, invest only the amount that you can afford to lose. No, need to take debts as the crypto market is volatile.

Beware of FOMO
Do not buy or sell in FOMO; understand the motive behind investing. Do proper research before taking any decision.

HODL for as long as you can
Selling your investments at a loss is what you can regret. It is better to hold and wait for the market to boom.

News:

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Ethereum Surges 7% in a Week as the Merge Steps Closer

United Kingdom’s Economic Secretary Aims to Make the Country a Global Cryptocurrency Hub

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