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There s no doubt that we re in crypto winter again. Every few years, the cryptocurrency and digital assets sector enters a prolonged bear market. Bitcoin CRYPTO:BTC and Ethereum CRYPTO:ETH drop by double digits, while some smaller assets are completely wiped out. In 2022, this is certainly what we re seeing.聽Assuming the cryptocurrency sector will remain as cyclical as it has in the past, investors must wonder how long this winter will last. Here s a look back at previous bear markets.Crypto winterBitcoin is the benchmark for the entire industry, since all other crypto assets are closely correlated with its price action. The world s first cryptoc stanley website urrency has lost roughly 39% of its value since late November 2021. However, this isn t the most severe drawdown in its history stanley italia .聽B stanley cup itcoin previously lost 53% of its value from April to July 2021. It lost 51% of its value from 2014 to 2015, shortly after the collapse of Mt.Gox. The biggest drawdown was 83.4% from 2017 to 2018.It took 716 days Wdjm Why it s Time to Buy Shares of Cineplex Inc.
Frequent market gyratio stanley water bottle ns and sensational headlines make it easy for investors to get caught up in the notion that they need to chase the next market darling or trade frequently in order to be successful investors.This couldn t be further from the truth.Many of the attributes of successful investing boil down to patience, discipline, and having the ability to ignore market noise.Let s take a closer look at three top tips for successful investing.聽Now what Firstly, invest with conviction and don t change strategies at the slightest whim.Too often I see investors caught up in the emotion of falling markets and the sensational headlines that accompany them, causing them to sell out of the market at a loss.Or even worse, they become ca stanley cups uk ught up in the hype of the latest fad hitting Wall Street or Bay Street, such as the tech stanley thermoskannen boom, biotech boom, or oil boom, and invest in stocks that they know little or nothing about. Then months later they find out that many of those companies are worthless |
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