Bitcoin (BTC) is down by 18%, ether (ETH) is down by 22% and cryptocurrency market capitalization is down by 16% in the month of December 2021. There is no single reason that can explain the declines, however, it is widely believed that an important factor is the expected reduction in the central bank stimulus money all over the world.

Cryptocurrency investment is at this time highly speculative. It is understandable that the type of investors which are engaged in cryptocurrency trading are mostly speculating.

This current situation is most likely an opportunity for people who want to hold and preserve value.

Values obtained from the tables at coingecko.com

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.