Saturday, December 10, 2022

Five tips against the crypto panic

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The sell-off on the crypto market continues: the most important cryptocurrency, Bitcoin, has risen above the $30,000 mark again. However, the digital currency is still in the worst position it has been in a year and a half. Traders and investors have lost billions in the past few days.

The excitement is great. All investors who have bought Bitcoin since the end of 2020 and are still holding it are in the red with their investment. 40 percent of Bitcoin investors are in the red. In the last week, Bitcoin has lost almost a third of its value. The situation is even worse for other cryptocurrencies.

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