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Investment in Forex

Sep, 24
0

Crypto Market and Portfolio Update

It’s been a rough few months for crypto owners. And if this is your first experience with a downturn, I want to assure you that this is nothing unusual. I strongly suspect we’re at or near the bottom of this market.

Crypto markets are highly volatile and will remain so for the foreseeable future. The important thing is that crypto’s long-term growth trend is intact. We’re still up big from one year ago, up huge from two years ago and so on. On top of this, I see multiple near-term catalysts that could propel this market far higher.
First of all, cryptocurrency awareness is greater than it’s ever been. If you had told me 18 months ago that every major financial outlet would report on crypto daily, I’d have called you crazy. But that’s exactly where we are today.

It takes most people six to 12 months to get comfortable with the idea of buying crypto. That means many people who have been learning about crypto over the last year will likely come into the market soon.