I heard we're in a bear market now. Stocks decreased by 20% so that means it's officially a bear market. Also, crypto is down like over 60%. I know it doesn't feel like it right now, but this is normal for the market. It goes up and down, and you have to ride the waves. You just have to keep an eye on your investments and make sure that you're saving money while they're going down because they'll go back up again!
Everything is going down more and more. I had a few small investments and at this point, I may as well just leave them. Maybe it will bounce back next year.
I am not sure how to feel about it. Part of me is glad I never invested but on the other hand, with how governments around the world are acting... We need another option for banking.
I can't see it bouncing back anytime soon. Too many economic issues are happening in the world right now. Too many people are being pinned against each other too so they are focused on things outside stock and crypto.
It is going down because everything else is. People are losing hope and pulling out or they need to pull out because inflation and other financial issues are forcing it.
I am not really following it. It seems like crypto is struggling again, just like it was several years ago. Maybe it will pick back up? I can't see it happening anytime soon.
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