Join the larget crypto conference of 2022 in Bitcoin
Bitcoin
$ 39,046

Crypto winters are always the best time, says Ninepoint director

0
(0)
Crypto winters are always the best time, says Ninepoint director 4

The managing director of Ninepoint Digital Asset Group shared his opinion on the current situation of the crypto market.

Since the beginning of 2022, the crypto market is continuously facing the outflow of huge amounts of funds. However, there were some better times for the crypto market between February to March because of the Russia vs Ukraine conflict but after that policies introduced by the US Federal Reserve acted as the biggest factor to create panic in this innovative industry. 

Recently Alex Tapscott, managing director at Ninepoint Digital Asset Group, shared his thoughts on the current economical situation of the digital assets market with cointelegraph. Through the interview, Alex tried to suggest people that we should not look at the negative factors of this current situation, but instead focus on what we can achieve as an opportunity.

Alex explained:

“Crypto winters are always the best time to drill down on these core concepts, do the work and build for the future. The last bear market brought us the NFT revolution, decentralized finance, stablecoins and play-to-earn gaming.”

According to Alex, the current bear market is the initial phase for the Web3-based project development and it may further derive more adoption of the crypto & blockchain technology. Ninepoint’s managing director believes that Decentralised finance (Defi) based projects could result in something on a different level of the internet financial system.

Further, he explained his point of view via the example of Bitcoin, which started with a small revolutionary concept and now the Defi concept is accelerating that initiative of Bitcoin.

“If Bitcoin was the spark for the financial services revolution, then DeFi is the accelerant. The fire spreading will engulf many firms that fail to innovate, adapt and embrace this hot new industry.”

The executive emphasized the industry players to look into the development of those projects, which are based on the concept of Decentralised Autonomous Organizations (DAOs).  

Alex also said that only those people in crypto are successful, who keep calm and carry on. Indirectly he suggested crypto-investors to find out the opportunities associated with the current situation because the majority of the best businesses took birth in bear markets.

Read also: Bitcoin could fall to $13,676

Crypto winters are always the best time, says Ninepoint director

 

https://bitcoinik.com/crypto-winters-are-always-the-best-time-says-ninepoint-director/feed/

https://bitcoinik.com/crypto-winters-are-always-the-best-time-says-ninepoint-director/feed/

 

 

 

 

 

Ads by Cryptonews24

 

Buy bitcoin and other cryptocurrencies on crypto exchanges:    Binance    Coinbase      Kraken      Bitfinex

—————————————————————————————————————————-

ETH-ERC20 Mining and Financial Management

✅ Minimum Investment: 10 USDT.
✅ Minimum withdrawal: 1 USDT.
✅ Withdrawal time: 24h.
✅ Withdrawal day: Everyday.
✅ 5% cashback on first investment.
✅ daily profit 6-11.5% on your investment (Profit will be added every hour in your wallet).
✅ Get up to 10% referral Bonus.

The output of liquid mining is not constant and may be affected by the liquidity of the blockchain. The expected daily production income:

✅ VIP1: DEPOSIT 50~10000 USDT GET 2% EVERYDAY

✅ VIP2: DEPOSIT 10001~50000 USDT GET 2.5% EVERYDAY

✅ VIP3: DEPOSIT 50001~100000 USDT GET 3% EVERYDAY

✅ VIP4: DEPOSIT 100001~200000 USDT GET 4% EVERYDAY

✅ VIP5: DEPOSIT 200001~500000 USDT GET 5% EVERYDAY

✅ VIP6: DEPOSIT 500001~1000000 USDT GET 7% EVERYDAY

✅ VIP7: DEPOSIT OVER 1000001 USDT GET 8% EVERYDAY

 

📌 You must open wallet  (Metamask, Tronlink e.t.c. ) and connect it,  for earning income

▬▬▬▬▬▬▬▬▬▬▬▬▬▬

𝙍𝙀𝙂𝙄𝙎𝙏𝙍𝘼𝙏𝙄𝙊𝙉 𝙇𝙄𝙉𝙆👇🏽
https://eth-trc20.org/h5/#/?p=16327

 

ETH-ERC20 Mining and Financial Management

▬▬▬▬▬▬▬▬▬▬▬▬▬▬

👇👇👇👇👇👇👇👇👇👇
Support Telegram Group: https://t.me/+TjCkS2KwKfQwZjM0

—————————————————————————————————————————————-

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

TELEGRAM
Cryptonews24 Channel Chat