Hello everyone today I wanted to share my opinions about recent stock and crypto market falls. In my opinion right now, the drops in price are more about the domestic and global scenario than a typical price action. The interest rate hike and fear of a hard economic landing (fear of recession) are causing counltess financial institutions to liquidate risky assets. Asset markets generally run on leveraged trading/investing, and the higher interest rate makes it more expensive to take loans. For that reason, equity markets (stocks, crypto, equities etc) are bound to dump since the activity will now be limited. If you have entered during a time of extreme market froth - some losses are unfortunately inevitable for now. With that being said, I do believe that this bearish period will lead us to golden buying opportunities across all crypto and stockmarkets. It's a patience game, so if you wait patiently for golden opportunities then there bare fortunes to make.
Disclaimer: I'm not a financial adviser and these are just thoughts about current crypto and stock market.
