Sirwin
Sirwin
bear chart

Are you ready for a bear year?

By PsyDoc | Mindsetprofit | 30 Dec 2021


It’s the end of 2021 and we got great results in many coins this year, but will this trend continue? I don’t know because I don’t have a crystal ball, but we always must be prepared for the worst scenario and think what should do in this case. So, let’s look at what we should be aware that can affect our investments on the next year.


Diplomatic Crisis


It is a lighter way to say “Let the carnage begin”, we think we live in a peaceful world but if you look on the history of humanity, we are most of the time having wars. We have some real tensions that could explode some big worldwide conflicts like China-Taiwan and Russia-Ukraine.


Coronavirus Variants


I would say the Omicron variant but the people who will read this article in some months might be worried with another one. We are doing a terrible job when we think us as humans with this unequal distribution of vaccines, and of course new variants are going to emerge.


Regulations


I don’t know were do you live, but at some point, a law can affects your crypto investments. They can be to an interest of your government or a pression from the traditional banks, but one day we could be prohibited or receive new taxes.


S&P 500 and DOW correction

sp chart

Since March 2020, after the COVID crash these two indexes are going on a rally that one time is going to stop. The market has his cycle of ups and downs, and some analysts are pointing that a strong correction might come any time. Some money of the stock market might come to crypto but also people have more risk aversion on this bear time on the overall market.


Conclusions


First, this is not an investment advice, I’m not saying to sell everything, it’s just information about the context we are living. It is a good exercise for you to imagine if one of these things happens what would you do with your crypto investment, because if unfortunately, this became reality you will have a plan on your mind.

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PsyDoc
PsyDoc

A Psychologist that want to spread his knowledge with the crypto community


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