Is the crypto winter coming?
The crypto winter is a sentiment similar to the “crypto bubble”. This sentiment refers to the general pause in cryptocurrency prices and market moves as of December 2022. It is also commonly accompanied by a negative mood towards cryptocurrencies in general.
Many people, who didn’t know how to predict the movement of cryptos before, are currently declaring the fading out of crypto and even calling it a scam. While some might say that the winter is just approaching (starting from December, when the prices of all cryptocurrencies dropped due to China’s actions restricting trade exchange), others say it has already arrived.
As for me, I believe we all should watch the real situation and wait for any new changes. Many cryptocurrencies will leave the market, and the others will continue to develop and attract investors.