The way I figure it, investors in solid cryptocurrencies will have approximately six months of opportunity before the next bull market starts. I have been reading about economic predictions as the new year begins.
I have found a synopsis of 2023 economic predictions from multiple Wall Street firms here: https://www.bloomberg.com/graphics/2023-investment-outlooks/?leadSource=uverify%20wall
What I see is that inflation will be reduced, there will be half the year of continued turmoil globally, then a slow and steady economic and global growth in confidence. I believe that as this occurs, the Cryptocurrency market will be a bit ahead of the curve in terms of rebound.
I am investing what I can as cryptocurrencies continue to drop in price, at least I am holding fiat to invest to the point where the bottom seems close. Are we there yet? Only time will tell. I think we will have a small rally soon, then a further drop until summer or early fall.
If a person does not panic emotionally about crypto, this is going to be a tough ride through until the bulls return. If you invest now, not at the top, you will only make money!
Again, please note, I am not writing about investment advice, I am writing about my own personal thoughts on cryptopcurrency.
