Not All Bitcoin Bear Markets Are The Same
While this isn’t bitcoin’s first bear market, it is the most opportunity-ripe “winter” yet experienced by the industry.This is an opinion editorial by Anthony Feliciano, a Bitcoin event organizer and contributor to Bitcoin Magazine.On Wednesday, June 15, 2022, the Federal Reserve announced a 75 basis point hike to interest rates and possibly another 75 basis point hike in July. Friday, June 17, bitcoin saw a massive sell-off along with the rest of the crypto markets, shedding billions in total market capitalization. A first for bitcoin happened as well — we dipped below the previous....
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The chase for the bitcoin bottom is still on since the digital asset fell below its $20,000 price level. Given that the bear market has not been long in the making, it stands to reason that the bull market isn’t here just yet. However, being able to pinpoint when the cryptocurrency has reached as low as it will go can help make smart investment choices and the previous bear trends can shine a light to how it might play out. Previous Bitcoin Bear Markets The most recent bitcoin bear markets point towards some important trends that may occur before a bitcoin bottom is established. The 2018....
Market corrections and bear markets both involve price declines, but knowing how to differentiate between the two is crucial in protecting your investment portfolio. Market correction vs. bear marketTo summarize, here are some of the key differences between the two:While corrections and bear markets can be daunting, remember they're normal occurrences within a healthy economy. Learning to differentiate between the two will allow you to navigate them better.In terms of recovery time, markets tend to recover from corrections faster—typically within a couple of months. Bear markets, however,....
Bear markets represent the most dreaded period in any investment cycle, but there are a few ways to stay ahead and weather the storm. Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of making gains. Whereas in bear markets such as this, an unimaginable amount of pessimism sets in.The co-founder and strategic lead at the Kylin Network, Dylan Dewdney, told Cointelegraph that the two major mistakes that investors....
Bitcoin bear markets can be brutal. Don’t try to predict the next one — rather, be prepared for it!
For experienced investors, a bear market is nothing out of the norm. It has happened in the past, and it will happen again — even in cryptocurrency. The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging for those who are new to the space and don’t have much experience dealing with market volatility.That said, there are still opportunities to earn passive income during a bear market — crypto....