#Cryptocurrencies

#Cryptocurrencies

Tuesday, July 12, 2022

#Recession, #Hyperinflation, #Russian #Ukrainian War, Supply Chain Disruption, Declining #StockMarkets, a Defeated #Crypto #Market, Climbing #Interest Rates, the Inevitable #RealEstate Downturn, according to Eric Kuvykin.

The world is going through a fascinating time. Historically, we experienced recessions and market downturns. This is different. Never have experienced a simultaneous #Recession, #Hyperinflation,  #Russian - #Ukrainian war, supply-chain disruption, declining #StockMarkets, a defeated #crypto #market, climbing #interest rates, and what seems to be an inevitable #RealEstate market downturn. 


Despite the recent #cryptocurrency crash, #DeFi #investors remain highly optimistic. #Crypto and #altcoin holders expect a #bitcoin bounce to around $38,000 before year end 2022. 


“The #digitalasset market #investors and #traders adopted to fast moves and volatility. In my opinion, the charm of the #crypto market and the adrenaline speculative investors seek.” Said Mr. Eric Kuvykin, founder of https://fintechacquisitions.com “ #CryptoCurrencies are still new and have not gone through economic downturns, recessions, and market corrections. We may be surprised to find #BTC over $30,000 and #ETH Over #2,000 by year-end.  


In a recent Forbes article “Jordan Belfort, whose financial crimes through the 1990s inspired the movie The Wolf of Wall Street, predicted the bitcoin price will "almost certainly" climb over the next three to five years”

Compared to other investment vehicles, #CryptoMarkets enable people to #invest small amounts of money. If nothing else, recent trading in #AMC and #GameStop, #GME proved individual investors' power when in numbers. 








 



#Recession, #Hyperinflation, #Russian #Ukrainian War, Supply Chain Disruption, Declining #StockMarkets, a Defeated #Crypto #Market, Climbing #Interest Rates, the Inevitable #RealEstate Downturn, according to Eric Kuvykin.

The world is going through a fascinating time. Historically, we experienced recessions and market downturns. This is different. Never have e...