The moment of truth

[kaya11]

This is the moment of truth, today is 1st of January 2022 will crypto market start retracing 60k after holidays is over? Or the market is tired of pumping and will fall even Futher? This questions have been on my mind for a while now because to be honest bulls have been here for two years already I'd say this is one of a kind bull market so far but what's keeping crypto at this stronger phase?

Depends on how many people with money invest in crypto, the more the better. Or if some other major announcements made by the influencers out there that simply moves prices high, even a small tweet from a known person can have an impact. Also the global pandemic is a factor, some people lost trust on some of the governments theses days, so they instead convert they money to Bitcoin or eth or any other stable coins, they're making a hedge. So many to add on, just stay update and we may be able to see what might comes next.

[OcTradism]

I guess crypto price will start improving in the exchange market because the signs many researchers has been waiting for is happening already in the community. This year 2022 will be a massive achievement to all crypto investors who invested a huge amount of money on crypto last year when the price was very low in the market.

There are two sides of a coin in any market because it's a zero sum game with winners and losers inside. Money flows from pocket of losers to pocket of users.

So if it is bull market, big winners earn money from big losers. Do you think all investors earn profit in bull market? It is not, never. In bull market, people are greedy and accept to bet with new projects with hope that they will get x10, x100 easily. Yes a few of investors will earn profit like that but many of them will fall into traps of scam projects. Consequently and unfortunately their capital will be stolen, divided 10 or 100 times.