When the bear market continues

xuanling11
Coinmonks

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Photo by Zdeněk Macháček on Unsplash

The crypto bear market continues to stretch on and on. As of this writing, bitcoin is down almost 70 percent from its all-time high set nearly a year ago. But that’s also been the longest bear market so far — in some cases, even longer than that. That’s a scary proposition for anyone who believes in the value of decentralized digital assets like bitcoin and other digital currencies. If you’re reading this, you’re probably one of the many million people who already own digital currency and think about it as your second money — or maybe your third. If your primary interest is managing your money responsibly and saving for retirement, you might want to think about moving on from other cryptocurrencies sooner to Bitcoin.

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What’s the big deal with the digital currency market?

First, let’s get this straight. The digital currency market is still very much in its infancy, and most people are only aware of it when they’re looking for a new way to generate extra cash. After that, most people assume the market has prospered because of innovations like the internet and digital technology. However, the truth is that most of the attention given to the digital currency market has been focused on financial innovation. The digital currency…

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