In separate statements, the co-founder of Bitmex and the CEO of Real Vision believe that we should not let ourselves be discouraged because next year will come better times for cryptocurrencies.
The co-founder ofBitmex and cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. investor, Arthur Hayes, wrote in the blog company on the effect that the upcoming cryptocurrency exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. process may have on cryptocurrencies. tapering(gradual withdrawal of economic stimulus) by the US Federal Reserve. Hayes also relates this to the situation ofEvergrande in China and advises newcomers to cryptocurrencies to hold out until new signals emerge next year.
In his last article,titulado “Circo Loco”, Hayes expone la situación actual del mercado en vista de un marco económico más amplio. Para él, la situación en China (con el impago de Evergrandeone of the largest real estate companies in the country), combined with the process oftapering acceleration already underway by the Federal Reserve, Fed, will affect cryptocurrency prices substantially.
In this regard, Hayes states:
La Fed continuará endureciendo las condiciones monetarias hasta el punto en que bajen los stonks…o alguna parte del mercado de bonos del Tesoro de Estados Unidos deje de funcionar con normalidad.
(Se les dice stonks to senseless situations in the stock market. This is a meme in social networks)
Hayes also stresses that a bear someone who believes that prices in a given market will decline over an extended period. Such a person might be referred to as “bearish.” market in equities could affect the process oftapering and encourage the Federal Reserve to continue its policy of QE (quantitative easing) and money printing.
Hayes’ advice: invest in the new
Based on this analysis, Hayes issues recommendations for cryptocurrency investors to make the most of their capital capital is most commonly defined as the large sum of money you would use to invest. during these times. In his view, it will be very difficult to seeBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. back to US $69,000 or theEthereum a decentralized open-source blockchain with smart contracts functionality. to USD $5.0000. At least for this period, as it predicts a sideways market with constant ups and downs.
In this regard, then, Hayes’ advice is that new money should be kept on the sidelines and wait for a better opportunity to enter the market an area or arena, online or offline, in which commercial dealings are conducted. of cryptocurrencies, which could appear after a Fed rate hike in March 2022 or June 2022.
For those eager to get in – or who already have positions in the market – Hayes’ advice is to focus on tokens related to the play-to-earn, el metaverso or el NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. The overall performance of these is not directly related to the economy, and depends on other factors such as the introduction of these technologies in new markets that could support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. their growth.
Raoul Pal: the best currencies to invest investing is when you put money in a financial scheme with the intent of making a gain. in
For his part, the CEO ofReal Vision, Raoul Pal, is assessing the outlook for cryptocurrencies after weeks of wild swings in the markets and took to Twitter to comment to his followers.
In a series of tweets, he said why he thinks sentiment the sentiment is the overall mood and attitude of traders and investors in regard to a particular asset or the whole market. towards digital assets has suddenly turned bearish, and suggests what investors can do both short a trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit. and long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. term.
So begins the thread:
Wow, everyone has become very bearish on everything related to digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets.
I think excess disposable income due to inflation a general increase in prices and fall in the purchasing value of money. is partly to blame. The marginal retail shopper is more… marginal 1/
Wow, everyone has gotten super bearish on everything in digital assets
I do think crimped excess disposable income due to inflation is partially to blame. The marginal retail buyer is more… marginal 1/
– Raoul Pal (@RaoulGMI) December 14, 2021
Pal reminds crypto investors that prices are back to their May 2021 levels, despite dramatic moves up and down in the intervening months. He believes that widespread adoption is still to come and will also be adopted by different creative industries.
“No hemos visto un trompo con una participación récord. Hemos visto especulaciones de cierto tamaño en NFT [tokens no fungibles], pero se trata principalmente de personas que ya tienen Ethereum y tienen ganancias que gastar.
Significant institutional adoption is taking place, along with exponential new use cases. Plus a growing understanding of the importance of Web 3.0 by artists, musicians and brands.
It has reached some sort of tipping point … And I think it accelerates later this month and well into next year … 2022 is the year when I think the BIG herd arrives”.
Tips from Pal
Looking ahead to 2022, the former hedge fund manager believes that as traditional financial institutions allocate resources to the digital asset space, new energy and participation will follow.
“Funds will be allocated new [profit and loss] and new mandates in the first quarter and if that drives prices up dramatically, it will bring new record wallets, etc., and long-term holders will start putting coins on the exchanges to get the best slice.”
When it comes to viable moves to make while waiting for the market to overheat, the CEO says that is considering major crypto: Bitcoin y Ethereum as well as the altcoins Earth (LUNA), Avalanche (AVAX) y Solana (SOL).
“If you want to use leverage, add small premiums on options that you can cancel.
Layer 1 of BTC, ETH, LUNA, AVAX and SOL are the best core holdings.
NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). are very speculative, but they are also innovating quickly, so have some of that as well.
As we can see, both experts call to wait for 2022 and also have great hope for NFTs as a good investment.
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