This past weekend saw the bear market in crypto and NFTs continue, to the dismay of holders around the globe. Prices are down, projects and companies fall by the wayside, and it’s crickets on NFT Twitter. Undoubtedly, many have already made their exit from the crypto space. Maybe for good.
However, for those who have stuck around, the bear market might be a time of opportunity. Let’s discuss just how that might be.
*This article is strictly for informational purposes and is not financial advice. Those seeking financial advice should consult with a licensed professional.
First things first – what is a bear market?
Like many in the crypto and NFT spaces, the phrase bear market is borrowed from traditional finance. It refers to a period during which the prices of securities sustain prolonged price decreases of 20% or more from recent highs.
Today, the prices of the top two…