Like any new industry, cryptocurrency experienced a startup boom and is now experiencing the downturn that inevitably follows them. Experts believe that this is how the market is cleaned of random people, fraudsters, and speculators. It will gradually move to a stable market.
The past year has been a difficult one for the crypto industry, but have all cryptocurrency holders really suffered?
Сapitalization of the sector has decreased, but it is still larger than two or three years ago. For example, the losses of bitcoin owners for the 2022 year are $213 billion, and the profit for 2020-2021 is $455 billion. We see short-term investors lose assets, and long-term investments still bring income.
Experts also point out that investing in major crypto assets like Bitcoin is a long game. So if you are counting on the short term, it is better to take a closer look at the pre-sales of new tokens.