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Crypto Winter is upon us


tmcmullen
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“As of July 24, 2022, all 100 of the largest 100 cryptocurrencies are worth less than they were nine months previously.”

Crypto Winter is new to me, but as I read about it in this article it makes total sense. Why wouldn’t crypto currency suffer the same pitfalls as any other investment type? https://www.nerdwallet.com/article/investing/crypto-winter

Cryptocurrency isn’t going away, and Crypto Winter isn’t a time to lower your defenses!

13 replies

Martin.1
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  • October 18, 2022

I really love this article. Thank you for sharing. Patience I think is the key as the markets will definitely turn around positively. 


Jamesharris85
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Thank you for sharing. I think in addition to this, be mindful of crypto ‘experts’ - a friend of mine fell afoul of this on more than one occasion. I dont profess to know anything about this sort of stuff but have seen so many people suffer because they think they ‘get it’ and end up losing loads


russell.harris
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I just don’t feel confident at all to risk it to be honest. 


TylerM
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  • October 18, 2022

It will probably go lower end of year during the holidays. This is classic 1yr after BTC peak. 

 

Maximum value will be had buying in the next 6 months and that’s what I’m looking for. 

 

I did a short video series on this a couple years back and is still very relevant today and teaches about the 4yr halvening cycles  @russell.harris @tmcmullen @Martin.1 @Jamesharris85 

 


tmcmullen
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  • October 18, 2022

This is great information, Tyler. Thanks! I will review your article. 

 

Teri


Martin.1
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  • October 19, 2022
TylerM wrote:

It will probably go lower end of year during the holidays. This is classic 1yr after BTC peak. 

 

Maximum value will be had buying in the next 6 months and that’s what I’m looking for. 

 

I did a short video series on this a couple years back and is still very relevant today and teaches about the 4yr halvening cycles  @russell.harris @tmcmullen @Martin.1 @Jamesharris85 

 

@TylerM Thank you for this. I will most definitely go have a look at this. 


Martin.1
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  • October 19, 2022
russell.harris wrote:

I just don’t feel confident at all to risk it to be honest. 

@russell.harris  there are a LOT of scammers out there, I have seen it, BUT there are also legit companies out there that you can partner with using a small start to get going. 


russell.harris
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Cheers for the info everyone. Will definitely check this out


Jamesharris85
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russell.harris wrote:

I just don’t feel confident at all to risk it to be honest. 

This is the point for me. I’m not the sharpest knife in the drawer, but I’m also not stupid. Regardless the amount of times I have tried to get my head around it and come away feeling more confused than before looking into it, I like you just don’t have the confidence to have a go. Which is a shame really when you think what could be gained from it...flipside the risk obviously. 


Jamesharris85
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TylerM wrote:

It will probably go lower end of year during the holidays. This is classic 1yr after BTC peak. 

 

Maximum value will be had buying in the next 6 months and that’s what I’m looking for. 

 

I did a short video series on this a couple years back and is still very relevant today and teaches about the 4yr halvening cycles  @russell.harris @tmcmullen @Martin.1 @Jamesharris85 

 

Hi Tyler, thank you for sharing, unfortunately i get a page saying the below, can you help?

You are not authorized to access this page.

Sorry, you have no access to this page.

TylerM
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  • October 21, 2022

Oh whoops this was from a archived page from back in the day with Drew. I forget that no one can access that except mods.

 

I have moved it

 


russell.harris
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That works. Thanks @TylerM 


Jamesharris85
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TylerM wrote:

Oh whoops this was from a archived page from back in the day with Drew. I forget that no one can access that except mods.

 

I have moved it

 

Much better, thanks Tyler!


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