{"id":628488,"date":"2023-04-12T18:57:28","date_gmt":"2023-04-12T23:57:28","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/12\/should-you-invest-in-cryptocurrencies-as-they-bounced-from-the-2022-lows\/"},"modified":"2023-04-12T18:57:28","modified_gmt":"2023-04-12T23:57:28","slug":"should-you-invest-in-cryptocurrencies-as-they-bounced-from-the-2022-lows","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/12\/should-you-invest-in-cryptocurrencies-as-they-bounced-from-the-2022-lows\/","title":{"rendered":"Should you invest in cryptocurrencies as they bounced from the 2022 lows?"},"content":{"rendered":"<div>\n<div>\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2017\/06\/1664485825095-aed3da80-3d13-4f81-8cfa-5f32a16f75b9.jpg\" alt width=\"100%\" height=\"100%\">\n<\/picture>                    <\/div>\n<ul>\n<li>The cryptocurrency market remains resilient despite a wave of bad news in 2022<\/li>\n<li>Bitcoin trades above $30k, up 80% YTD<\/li>\n<li>HODL seems to be the secret of Bitcoin\u2019s success as Bitcoin hoarding in personal wallets rises<\/li>\n<\/ul>\n<p>2022 has been a terrible bear market for cryptocurrency investors since November 2021. Bitcoin, the leading cryptocurrency, dropped from $69k to $15.5k in a matter of months.<\/p>\n<p>Other cryptocurrencies followed.<\/p>\n<p>Over the last year, the industry was hit by a wave of negative news. Just think of the FTX collapse, which turns out to be the largest fraud in recent history.<\/p>\n<p>Also, the $2 trillion bear market was the largest in the (relatively short) cryptocurrency market\u2019s history. Moreover, multiple crypto lender bankruptcies have been announced.<\/p>\n<p>Finally, over 300 lawsuits and regulation cases scared investors away.<\/p>\n<p>Yet, the market bounced. It is incredibly resilient, rewarding investors believing in it. For instance, Bitcoin trades above $30k, up +80% YTD.<\/p>\n<h2>Bitcoin hoarding in personal wallets is a positive sign<\/h2>\n<p>Recent research from the Bank of America shows positive developments for the cryptocurrency industry. HODL seems to be the secret of Bitcoin\u2019s success. According to the research, hoarding in personal digital asset wallets increased after Bitcoin\u2019s price jumped above $30k.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/03\/12\/1681297732090-1cc3cabe-6e4a-4132-ac9a-ba1b5938d4e3.jpg\" width=\"1800\" height=\"237\"><\/p>\n<p>This is nothing short of impressive, considering that Bitcoin was released less than two decades ago. To put it into context, one Bitcoin was priced at 5 cents in 2010.<\/p>\n<p>It tells much about the cryptocurrency market\u2019s volatility and that booms, busts, mania, and despair are the norm.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/should-you-invest-in-cryptocurrencies-as-they-bounced-from-the-2022-lows\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Mircea Vasiu<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market remains resilient despite a wave of bad news in 2022 Bitcoin trades above $30k, up 80% YTD HODL seems to be the secret of Bitcoin\u2019s success as Bitcoin hoarding in personal wallets rises 2022 has been a terrible bear market for cryptocurrency investors since November 2021. Bitcoin, the leading cryptocurrency, dropped from<\/p>\n","protected":false},"author":1,"featured_media":628489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22252,1140],"tags":[],"class_list":{"0":"post-628488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-invest","8":"category-should"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/628488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=628488"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/628488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/628489"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=628488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=628488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=628488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}