With the Feds Going On Vacation Until September, Maybe its Time for CRYPTO Shopping

A period in which all we expected and thought we know was shattered due to the disruption from the Crypto Winter Since Dec 2021 and the looming Recession

There is one thing on which we can all agree as we go forward, and that is that the future offers a great many possibilities, but that none of us can forecast them with total confidence.

The unemployment rate is at a historic low, and the labor market is healthy. Though not common as of yet, several businesses have announced hiring restrictions or minor layoffs.

About 22 % of the stock market has dropped thus far in 2022, making this year a bear market. While some tech stocks have dropped by more than the S&P 500’s 16%, others have fallen by far more.

Due to rising inflation, the Federal Reserve has been rapidly raising interest rates and implementing quantitative tightening, or QT. The economy will likely see a little slowdown as a result, which should help curb inflation. The housing market, at least, should level down.

Yet, we are now in a technical recession, it does not seem to be as catastrophic as the one of 2008. An enormous real estate bubble and a personal debt crisis led to the collapse of the financial markets in 2008. Currently, it is not taking place. Some stock prices and the property market in general may have been overheated, but they were not true bubbles. Moreover, the recent correction looks to (so far) promise a gentle landing with a comeback next year.

All of us probably assumed that the present bull market would act and develop in the same manner as previous market cycles. A halving of Bitcoin’s supply and a subsequent bull market around six months later.

There is evidence that Bitcoin is making progress right away, and the cryptocurrency community has high hopes for the second half of this year, Bitcoin’s price would almost probably reach many hundreds of thousands of dollars, while Ethereum’s would grow to at least ten thousand dollars . Prices would skyrocket towards the end of the cycle, as is typical for cyclical markets, and there would be a brief period of “ Reaching It’s Peak .” a moment when it would be universally recognized that the bull market had reached its conclusion.

But that moment has Not arrived, and as a consequence, there have been never-ending arguments about it both online and among experts as to whether or not we are currently in a bear cycle or a bull cycle without giving any credence to the possibility that we are in a bear cycle. The price of bitcoin will never again drop below $17,000 in June , decreasing from its previous record high, which had been set in the preceding cycle.

A lot of things happened at around the same time, and one might argue that a number of black swan events were the triggers for this to happen. When Bitcoin first emerged, it was met with a level of confusion and skepticism that had never been seen before. Let us rewind to May of last year, when Bitcoin’s fortunes began to turn, and review everything that currency has overcome since then.

When Elon Musk and Tesla sold off some of their bitcoin holdings last week , it was the first time information by a leading investor had a negative effect on the price of bitcoin. The most devastating critique, however, came when he addressed his worries about bitcoin’s influence on the environment and sparked off the first dispute concerning bitcoin’s detrimental consequences throughout the world.

Soon after that, China implemented a rule that barred the usage of bitcoin and mining within its borders. This move prompted a substantial quantity of mining power to depart China. A decision that was only temporary had a big influence on the hash rate of mining and sent shockwaves of concern throughout the business. As it typically does, bitcoin would bounce from these and continue to march its way back higher, only to confront even with more restriction with Feds planning regulatory control .

The announcement that the Bitcoin company was going to be regulated in the United States finally sent shockwaves throughout the industry. After the government began raising interest rates, businesses and individuals alike were less willing to take financial risks. Not long before that, additional instances of the covid panic broke out, generating substantial worry in the financial markets.

Bitcoin, however, managed to survive yet another day and has begun to make a recovery. But after that, Russia started invading the Ukraine, and the United States would keep hiking their interest rates even higher.

The worries does not stop there, as market start to wake up to the shock of the Terra Luna Saga where the UST and Luna currencies would practically be sunk into worthless swamp , and there was a severe domino effect implement causing the collapse of multiple crypto currency related enterprises, including 3AC, Celsius, and Voyager, going bankrupt as a result. And now, everyone throughout the world had been looking forward to finding out whether or not the Madam Pelosi Will be going to the Taiwan to kick off a War conflict with CHINA

This brings us up to speed with the present scenario. Bitcoin and other cryptocurrencies have coped with all of those problems, and many more and still bitcoin’s price persists around $24200. A fairly spectacular feat, if you ask me. The last time there was hope that things may start looking up again was almost 18 months ago. Despite the fact that a lot rides on the results of recent macroeconomic events, it seems as if we may have passed the worst of it. To return to the issue of cryptocurrencies, the most recent and considerable decrease may be ascribed to the collapse and bankruptcy of a number of the industry’s most notable enterprises.

And so, the fact that you are reading this means that there is a significant potential that you have made it through the worst of the bear market, and that we have finally arrived at the bottom of the market.

The second question that needs to be addressed is what measures you made at this time to make the most of the opportunity and position yourself for future success.

While the bulk of folks desire to avoid missing out (FOMO) and invest during bull markets. The reality of the matter is that investing portfolios are formed during the most fearful of times, when the market is in a frenzy and investor were taking up penny stocks People for Cardano at $0.52 , Solona at $38 for now , and the list goes on and on. Although the figures are significantly greater now, I would argue that the most recent two months provided an opportunity that was just as meaningful.

Were you able to make the most of the circumstance and enhance the size of your portfolio during this time?

Were you afraid, and as a consequence, you opted to hold off on action until you saw what would happen?

In light of the aforementioned, it is vital to keep a liquid savings account in addition to employing the dollar-cost-averaging technique. It is nice to have strong beliefs, but they will not do you much good if you do not act on the many amazing possibilities that present themselves in the world today.

After you have been trading on the cryptocurrency markets for a considerable amount of time. You will start to have an idea of the entire magnitude of the market’s volatility. Though you put part of your salary into savings each month, even if it may not seem like it at the moment, you will eventually be in a position to take advantage of many favourable circumstances and opportunities. You simply have to be prepared to make advantage of the chances they give.

In light of all of this, it would appear that the market would ultimately continue its upward path. Despite the fact that I do not expect prices to hit new all-time highs before the year is over. Nevertheless, I am expecting that the values of numerous of our favorite cryptocurrencies will begin to recover.

The Halving exercise and the coming Ethereum merger is still on the horizon, and I believe that this will be an additional trigger that helps to uplift the market farther

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