(JaiChai) Preparing for the Crypto Winter
(image by startup mindset) [Not financial advice. DYOR.]
A couple months ago on torum.com, I hinted that I was already preparing for the next Crypto Winter.
(image by the trade coach)
IMHO, although there will still be a few bullish spikes in Q1 and Q2 of 2022, signs of cold weather will manifest as early as Q3.
As in 2001 and 2008, the all markets went to ground, but never forget that these are the same periods where great projects not only survive, they continue to innovate and emerge from the cold as behemoths.
(image by Tokenize Exchange)
That’s why since late last year, I started focusing only on the projects that I think are best weather-proofed for the next, inevitable Crypto Winter.
What is your current strategy?
May you and yours be well and loving life today.
In Lak’ech, JaiChai
(JaiChai 08 JAN 2022. Simultaneous multi-site submissions posted. All rights reserved.)