- Being a crypto investor in 2022 can, at times, feel like navigating through a jungle — not unlike Indiana Jones.
- There are unprecedented events, higher risk but greater rewards too.
- And, like Indiana Jones, it’s the bitcoin believers that sit tight and HODL with diamond hands.
The crypto market has come a long way since its inception in 2011, when Bitcoin made its debut. However, that doesn’t mean that it’s any less unpredictable.
While crypto analysts are starting to ask if the market is finally finding a bottom with brighter horizons around the corner, others are settling in for a prolonged
bear market.
In the last six months, cryptos have dealt with one crisis after another — whether that’s the geopolitical tensions between
Russia and Ukraine, the
US Federal Reserve going back-and-forth on hiking interest rates or
collapse of Terra’s LUNA and UST.
Just as history continues to chase Indiana Jones, cryptos don’t seem to be as delinked from traditional markets as five years ago.
Here’s the tenth story in a series that we, at Business Insider, like to call ‘Bitter Coin’ –