And now My Friends The End Is Near.......

2022 is coming to an end, thank goodness.

Because if you would ask me in what state of the cycle we are I would say depression. Good thing is, depression is the last stage before the market starts moving up again.

But if you know your history the Great Depression lasted 10 years and at its peak between 1929 and 1932, the GDP fell by an estimated 15%. Worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession.

So we might not be out of the woods yet as I see another great recession looming. But there is good news...oh no there is not sorry.

Well okay, let me pour in a little hopium. CPI is year over year, it´s the price of a basket of goods compared to the same period last year. Now the FED is not saying this, but that year over year might just be what will end the inflation.

Very simply said, we had huge inflation in 2022 compared to 2021:

But it´s stabilizing now, meaning numbers don´t shoot up anymore. So when comparing 2023 to the high inflation of 2022 the CPI might very well drop to that 2% or 3% the FED is looking for.

It can even turn negative due to that weir YOY calculation:

So that is my bit of hopium for the summer of 2023.

Don´t look Back in Anger

2022 started off so great with me and my profits, I think I was on a high knowing that I my initial investment did a 7 X. But I did not dyor, I expected just a bit more before the fall.

And I was wrong!

Lessons Learned

Many lessons were learned in 2022, among which:

- Extended bull markets are bull crap

- Don´t ask how, but trust the 4-year cycles

- Don´t put your coins in places that offer small rewards for owning your keys (Celsius)

- Once the bull run ends, be patient buying back in. Wait at least on a 60% drop and 80% for smaller alts

- Don´t zoom out in a bear market, but grind harder as what you make now will 10 X next run

- Don´t trust billionaires with curls in T-shirts and shorts

Still 2022 was not all BAD.

• I liked buying BTC at 15.5K, did not expect that to ever happen.

• My Brave Browser Bat reward swap reached over 250 BAT this month. Meaning I received 250 BAT from people who can not monetize their Brave rewards because they can not connect to an Uphold wallet and returned 66,6% of their BAT in BCH or HIVE. If this keeps up it might become a real business.

• Views on my blogs increased even though interest in crypto decreased.

• And as we are nearing the end of this bear market, I am still in profit.....not much but still in profit.

The Bottom Line

By the end of January, this will be the longest crypto bear market ever.

That is why I think we are not only close to the end of 2022, but also near the end of this bear market.

2023 will be a slow start on the road to recovery, so hodl on just a bit longer.

Thanks for the read!

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Post Scriptum

Platforms where I Earn Crypto for my Content (Affiliate Links):

Torum - https://www.torum.com/signup?referral_code=bitcoinbaby

NoiseCash - https://noise.cash/u/BitcoinBaby

ReadCash - https://read.cash/r/BitcoinBaby

Hive - https://hiveonboard.com/?ref=whywhy

Peaked - https://peakd.com/register?ref=whywhy

Publish0x - https://www.publish0x.com?a=l9avg4xnbG

I do not have any connection with any company I am writing about. I am not being paid to write this article.

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