With 2021 ending with a 150% increase in total crypto market capitalization, it can be said that we have seen tremendous growth. Congratulations to those investors who benefited from the crypto market in 2021.
What are your plans for 2022 to continue earning more for yourself? What do you think about the crypto market in 2022? Are we surpassing the uptrend and will the market soon enter the crypto winter? What will you do.
My talk & main points:
+ The crypto market continues to grow and peaks in 2022 with a total capital of 5.5T;
+ Then we will see the fall of the whole market and winter will come;
+ BTC price may then go back to MA 200W at 25-30K, but I think it will only come in 2023 and not in 2022
We are approaching the end of the year and the market has dropped a lot from the beginning of the year so far. Other than holding and continuing to accumulate low priced coins, I don't see any better option than the current situation. Let's focus on bitcoin and top coins, every time the market goes down, try to accumulate more instead of panic selling. The bear market will be very risky but also a rare opportunity to build for the future so we should take advantage if we want to be profitable in the future.
Indeed, there is not much we can do in a bear market situation which has not ended near the end of the year. I agree we have to look at
the positive side of the current bear market, where the majority of coins are experiencing a decline. So give us the opportunity to buy at
a cheap price and we don't waste this opportunity. But that doesn't mean all coins are safe to buy, we have to make sure to buy coins that
are worth buying. If we feel that our research and analysis skills are not good, we just focus on collecting top coins that are proven safe
to buy in bear market situations. So my plan for 2022 which is coming to an end in a few months is focused on collecting potential coins,
especially top coins like Bitcoin and Ethereum are priorities that I have to buy in a bear market situation. Because besides the price is now cheap,
buying Bitcoin and Ethereum can give me a big profit if I can hold until the bull market comes.