We start the year 2023 without surprises in the crypto market, we have Bitcoin at $16,500 and Ethereum at $1,195 at the time of writing this article. The market has a capitalization of $794.88B. This 2023 we will have many initiatives by different governments to launch new digital currencies and propose new regulations. In my opinion, this will bring investor confidence back to the market.
Yes, 2022 has not been a good year for the markets, but if you have had a bad year, I remind you that you have not been the only one. Elon Musk "has lost" $132 billion, Mark Zuckerberg about $80 billion, Arkk has lost almost 70% of his portfolio value, and Jeff Bezos lost about $84 billion. It has been a bad year for everyone, but they are all positioning themselves in the market for the next 5 years.
The cryptocurrency market has suffered again just as it did in 2018 and altcoins have once again shown signs of unreliability. Only Bitcoin and Ethereum for now seem like chains that can stand the test of time. I am not saying that there are no other chains that can achieve stability in the future but from my point of view the volume of development of the possible "Ethereum killer" is not a threat.
Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"
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