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How To Stay Ahead Of The Game & Survive The Crypto Crash #financialgoals #crypto
How To Stay Ahead Of The Game & Survive The Crypto Crash
So, what do you do when digital assets like Bitcoin crash? Here are some answers to common questions that may help you navigate the situation.
Cryptocurrencies' all-time highs of 2021 now seem like a distant memory, and the crypto crash of 2022 has seen major digital assets give back the gains they achieved during their historic bull run.
So, why is crypto crashing? It's important to remember that in this latest cycle, crypto assets are not alone. The stock market has been suffering a downturn, too, as U.S policymakers seek to tame inflation by tightening the monetary supply and raising interest rates.
Crypto, though, has been hit particularly hard as investors have been moving away from risky assets. And the decline in crypto prices is putting stress on institutions and other large players in the field who made investments near the top of the market.
Crypto investing has never been for the faint of heart. Digital assets are quite volatile, and such fluctuations have happened before. Though the factors driving each crypto crash are different, it can be helpful to remember a few established investing principles.
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