The crypto market is going through a crucial stage for developing projects and consolidating existing digital currencies.
Investors who this year began to consider the idea of saving through bitqs.online cryptocurrencies face a rather complex situation since the drop in their price has been radical.
Some decided to get rid of their units; others are on the lookout and prefer to keep their teams waiting for an uptrend; no one is close to the possibility that this scenario should change.
The solid economic measures and macroeconomic factors that affect the traditional economy are wreaking havoc on digital currencies, something unusual since these instruments emerged as an alternative to an economy that must be transformed.
A decantation process for digital currencies
No one imagined a change of scenery in digital currencies; many people decided to invest in cryptographic projects that, in their opinion, would become significant capitalization prospects over time.
Unfortunately, this 2022 has not generated the profits that these investors expected, contributing to the collapse of the positioning and acceptance that cryptocurrencies had achieved.
Many experienced traders often recommend that cryptocurrency trading should not be taken lightly or select a project because it is fashionable.
The selection of cryptographic projects and the review of their White Paper is essential; since the last bearish cycle of Bitcoin in 2017, many digital currencies disappeared because they were not profitable.
To date, the ones that have managed to maintain strength and stability have been Bitcoin and Ethereum; what is curious is that even demonstrating their value storage capacity, users usually go for other new projects that have not yet been positioned but only for trends.
With a significant drop in the price of digital currencies, a cleanup usually happens in terms of the projects capable of reaching their all-time highs again.
This cleaning process is usually radical, leaving only the cryptocurrencies that offer a future projection, where their foundations are strong with work teams committed enough to grow a specific cryptographic project.
The characteristics that make these digital instruments remain in the ranking of investors are usually the market capitalization and the positioning in the minds and investments of their users.
This decantation process is interesting since not only the currencies that have not been profitable and will not be but also the investors who at some point entered to destabilize the market are disincorporated from the digital market.
The current market situation tends to disarm their strategies and adapt to the guidelines given by the market.
Two years of positioning collapse
Expectations regarding the positioning of digital currencies are skin deep; consequently, Bitcoin, the strongest of digital currencies, showed that it is also vulnerable, but although its price has decreased, it has remained at the forefront of the digital market.
After thirteen years of creation, Bitcoin is currently considered to be going through its fourth halving cycle, where this well-known cryptocurrency significantly decreases its value, which leads to a reduction in the issuance of coins of this type and subsequently an increase that can even exceed its last historical maximum.
Many opinions arise regarding which digital currencies will remain in the market; there, Bitcoin and Ethereum have proven to be maintained over time and whose concepts have been improving.
Many coins have been falling by the wayside, so it is essential to select a sustainable project to avoid losses.
In the most extreme situations, the digital currency that has shown the best performance has been Bitcoin, maintaining its concept as a store of value in the crypto environment.
Three characteristics may be relevant for users of cryptocurrencies when choosing a project that is profitable over time and does not promise that it offers annual returns of up to 15%; for that, there are banks.
These characteristics are the possibility of use, such as functioning as a payment method, that it is sustainable over time and the third party with a known development.
Conclusion
Many cryptographic projects have emerged from nowhere, some that have not gone very far and others that are strong and maintain their strong potential to consolidate the digital market as a financial alternative.
