Crypto Crash: How to still make big money now?!

Crypto Crash: How to still make big money now?!

Crypto market evaporating: How to still make big money now?

Remember Aladdin’s magical lamp, which had the power to make anyone rich? Today, we call that thing crypto, and it performs the same function.

The right investment and patience can yield extraordinary results and make you extremely wealthy in the long run. But recently the crypto market has been literally evaporating, a lot of new investors jumped in after the last crypto bull run and let’s face it, today, their invested money is evaporating like water on a hot pan.

With Bitcoin falling more than 70% from its all-time high in November 2021 and other cryptocurrencies facing the same blood-bath, there is distress in the crypto community and new investors are afraid to bring in more money into the market.

Welcome back to our channel and in today’s video, we will talk about the evaporating crypto market, whether is there still any scope in the crypto market and will explain to you how can you still make good money from cryptocurrencies.

Before starting, just a short disclaimer guys, do not consider this video as any type of investment advice, this video is strictly made for educational purposes, please do your own research before making any investment decision.

Stick to the end of this video so that you do not miss any of the good stuff.

Understanding Market Cycles

Let’s start with a concept known as market cycles. If you are an investor and invest after proper research and fundamental analysis, you must be aware of the concept of market cycles. Any type of financial market, whether the crypto or stock market moves in 4 cycles and understanding how each cycle works can really help an investor. Why are we talking about market cycles here? Let me explain.

So a market basically moves in 4 cycles, namely:

  1. Accumulation
  2. Mark-up
  3. Distribution
  4. Mark-down
Market CycleDescription
AccumulationThe market has bottomed, this is where big institutional investors and smart money starts investing and buying crypto and other assets at a discounted phase.
Mark-upThe market appears to have levelled off, and the early majority is jumping back in, while the smart money is cashing out.
DistributionSentiment shifts from neutral to slightly bearish, prices are choppy, sellers prevail, and the rally’s end is near.
Mark-downLaggards try to sell and salvage what they can, while early adopters look for signs of a bottom so they can get back in.

And currently, we are in the bear phase or the mark-down phase in the crypto market. We have mentioned these market cycles to explain to you that the crypto market is not going to be in bear mode forever, it will go up again and looking at the historical data, it might form a new all-time high.

So, if you are already invested in the crypto market, you don’t need to panic, just stay patient. If you are a new investor, this can be a good opportunity to buy your favourite crypto at discounted prices and make big returns later.

Investing in Cryptocurrency: A Long-term Perspective

Price swings are to be expected for those who invest in cryptocurrency for the long term using a buy-and-hold strategy. Big drops are nothing to be concerned about. Experts advise keeping your cryptocurrency investments to less than 5% of your overall portfolio. If you’ve done that, don’t worry about the swings because they’ll continue to happen.

We recommend using the same strategy that works for all long-term investments: set it and forget it, as long as your crypto investments don’t interfere with your other financial goals and you’ve only put in what you’re ultimately willing to lose.

New Investors: Be Prepared for Volatility

Now our next tip is for new investors, who are interested in exploring the crypto market. Potential investors looking to buy the dip should understand that fluctuations are normal and should be prepared for this type of volatility in the future.

Even if you invest now, when prices are relatively low, expect them to fall even further. Again, only invest what you’re willing to lose after you’ve taken care of other financial priorities, such as emergency savings and traditional retirement funds.

The Future Outlook of the Crypto Market

Now let’s look at the future outlook for the crypto market. We can speculate about the value of cryptocurrency for investors in the coming months and years, but the reality is that it is still a new and speculative investment with little history on which to base predictions.

Nobody knows for sure, no matter what an expert thinks or says. That is why it is critical to only invest what you are willing to lose and to stick to more traditional investments for long-term wealth building.

Making Big Money from Crypto: The Conventional Way

So, if we were to answer the question – β€œHow to make big money from the crypto market?” We would say that stick to the conventional way of investing, accumulate more crypto at the lower price while you can and with time the crypto market will bounce back, giving you good returns.

This brings us to the end of this video, do you have any other tips for crypto investors? Please comment down below and we will pin the best comment. We hope you enjoyed it and if you did, don’t forget to subscribe to our channel to watch more amazing videos like this and we will see you in the next one.