Why this crypto bottom is the best time to buy
In today’s article, I’m going to discuss why this particular upcoming crypto bottom is going to be the best buying opportunity right now in the crypto market. This is going to be a very important and useful article, so make sure you stick to reading the entire article to get a good sense of what’s going on in the crypto market so you can start making money. So if you want to make money, make sure not to miss this article. If you found the article useful, be sure to let me know and share it with people who would find this useful. Without further ado, let’s get into today’s article.
One of the biggest factors messing with the cryptocurrency market right now is current macroeconomic conditions. As I covered in my previous article, macro conditions are not looking too good right now. This applies to every country on the globe that is moving the global economy closer to either a global recession or depression, with the former being most likely right now. Every country right now has to somehow either record high inflation and mass unemployment, especially among the youth, or is on the brink of famine due to the war between Russia and Ukraine. With economic conditions in the US not improving anytime soon, the world economy is signaling that it will follow suit with the US. This means for now that no retail investors are planning to enter the market, which means that fewer whales will be buying for now. This means we still have some room to go down more, which will make crypto a discounted asset, especially coins like bitcoin and Ethereum.
The second biggest reason why this is the best time to buy crypto and get into it is that prices can go lower than what has already gone down for this cycle. During this cycle, bitcoin went as low as $18,000 and Ethereum as low as $1,000. This means it could go as low as $14,000-$16,000. This makes it a great buying opportunity as it is rare for crypto to go this low. This leads us to our next topic of discussion.
As I explained before, crypto has not been this low for a long time. Crypto has not been down to such low levels since 2 years ago back in 2020 around this time of year. So this makes it a very rare possibility where it can drop to levels not seen before. I plan to buy around these levels, but this is not financial advice and is just my buys. So now that you know my plans and how the market is likely to play out, prepare yourself for a once in a lifetime opportunity to make money.
If you liked the blog, leave a like and share it on social media. Please give me feedback with your comments to let me know how I did. Tell me what you liked and what you didn’t like so I can improve the blog. All your likes and comments are greatly appreciated. They motivate me to write more and better blogs and help me expand and help spread the word. Be sure to follow the blog to stay updated. You can also follow my blog’s Instagram where I post daily content as well as letting people know when my new blog post drops and I also share my crypto trades there. Then there is also my website where you can put in a submission form to tell me what topics you want me to cover along with other things like referral codes and affiliate links. Thanks for reading hope you enjoyed it.
