4 reasons to celebrate crypto winter

in Project HOPE2 years ago

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This crypto winter is long really long simply because something or the other keeps going wrong in the crypto space and prices keep tumbling down.

#1

Should we really worry so much about the sliding crypto prices ?

Crypto is doing badly however that is only relative. Look at fiat based economy it is doing a lot worse.

#2

The retail investor is the hero

Every time there is a bull run we see prices going up and as retail guys a lot of us end up chasing projects and buying tokens and coins at valuations that are a stretch.
Most of the time the influencers and so call market voices keep pumping projects and when the retail guy enters the smart money moves out and the the retail guys are trapped at the top.
This time it is slightly different agreed that terra lunas of the crypto world did cause us a lot of pain and caused a lot of mistrust and gave stable coins a bad name but somehow the breed of the retail investor has survived and did not die out.

#3

Prices of your favorite crypto are that much more affordable

If you see a fancy sports car on display priced at $70,000 that you want to buy but cannot affort you start saving up.
A few weeks or months later if the prices get slashed to a quarter of its original price do you grab the opportunity and buy it or you look the other way?
A savvy buyer would grab the opportunity and the same holds true for crypto.

#4

This is the right time to be a crypto whale
If you believe in a crypto project that has shown good road map and has stuck to its guns during this crypto winter then what could be a better time to invest and get a piece of the action.

Final thoughts

Cyypto is cyclic and what goes down goes up as well as long as you do your own research and hold tokens and coins which bring value to the crypto universe you would survive the crypto winter Just make sure you maintain a diversified portfolio.

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This is the right time to be a crypto whale

Most powerful sentence and in fact crypto winter is the heaven for retail investors and they can become a whales if they properly take the benefit of this crypto winter. Thanks for solid information through your posts.

That is quite true however most people do not realize this fact.

hi dear @thetimetravelerz

Prices of your favorite crypto are that much more affordable

I think it is a great opportunity to buy cryptocurrency, but it is always a risk, prices may take time to rise

god bless you

Thanks for sharing your views dear @ramsesuchiha
You are absolutely right it may take some time for the prices to rise who much no one can tell for sure :)

 2 years ago 

@tipu curate 5