2022-11-09 13:20:47
Crypto Market: We can't always win
After a 'sleepy' period in the crypto market, the crypto market is shaking again.
Why is it happening?
Due to the liquidity problem of the third largest crypto exchange, FTX, and the fear of investors that they will never see their money again, a "Bank Run" is taking place: when a large number of people fear that the bank / exchange does not have full coverage and run to take their money.
The result is selling at any price and this is what is now bringing down the market.
What next?
In general, in such situations, there are 2 options, complete collapse or recovery.
If we are talking about a complete collapse, of course, the results are clear, but if the market will take the hit and survives, then the current prices are much better than yesterday or last week.
What should I do?
If you believe that the crypto market is headed for a total collapse then of course you can profit from it by opening short positions.
If you think that the crypto market is able to take the hit but continue to exist afterward, then this is an excellent opportunity to make some purchases.
What do we think?
The crypto market is at a stage where it is 'mature enough to overcome this situation and continue its growth from the last decade.
This is an opportunity, mainly for medium and long-term investors to go shopping.
This is our opinion only and no decisions should be made based on it alone, do your homework.
Invest Safe!
1.1K viewsedited 10:20
T
