Gas War to Hit Crypto, as well

Global risks have always had a massive impact on the crypto ecosystem. Though the number of dangers were somewhat limited until the recent 5-10 years, now there is no month without a brand new problem.

When all these issues are combined, we get cryptocurrencies that lost their 90%+ because of their classification as "too risky" assets. If a serious problem comes up, the first thing people do is sell their "too risky"(!) assets and move towards safer harbors. At that point, USD is the first option for many people.

Inflation is still a sleeping giant!

I wish we could sleep in September and wake up in March again. Yet, we have no other choice but for bearing the harsh winter conditions around the globe.

WorldBank

Since 2015, global inflation has been following a trend of upward moves. The worst side of this chart is that it is even likely to catch the top level in 2018 as these days are still the good days of 2022.

• Gas Flow is ceased
• Fiat Money losses value every second
• Global War
• Pandemic(s)

More importantly: People who lose their purchasing power

Take a look at the news:

The only thing bought by people is the expectation of a hard winter in terms of finance and politics. While everyone is getting ready for these expensive and dangerous times, cryptocurrencies are some of the investments to be realized due to their risk level!

Everything is red but for energy:
zerohedge

Crypto Market is Set to Dry in Liquidity

Briefly, Time is against us. 20K support level is hardly working to prevent deeper drops in the whole crypto market. The question is: How long can it hold the price when people lose their money to inflation?

With the end of Summer, we are going to experience the second version of post-pandemic life which consists of war, restrictions, and inflation. If people still have some money in the crypto market, they may choose to use it for expenditures if the double-digits in inflation rates keep increasing.

Just Holding the Long-Term Investments

My personal solution is to re-invest my long-term bag and buy when the cryptocurrencies are below their fair value. I keep all my Hive assets and Leo Projects such as PolyCUB and CUB De-Fi. However, I almost emptied my trading bag consisting of BAT, Loopering, PRE token, etc. Better to sleep well than make 1% gain in a month.

Unfortunately, all these global cases will get worse as everyone buys the news. The Crypto market reacts to negative news similar to stock markets. Maybe it is a good time to get well prepared for the worst-case scenarios. I'm just on my long-term bag for crypto.

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