Reasons why the whole crypto market is dumping.

Plain and simple, no one knows for sure what is going on with the current markets and the situation; we know that prices across the board are down and could continue to go down. The reason why is not that important, but still, we humans want to know why something happens a certain way and not another. What should matter is what you are doing with your money and what actions you would take in market conditions like the one we have as I write this article.

The Federal Reserve.

Many say that because the Federal Reserve may or may not increase the interest rate, the markets are already pricing a price interest hike by the Fed even if that increase is only twenty-five points instead of any other meaningful growth. I hear more and more that we need an interest increase because inflation is already high, and prices are going out of control. Well, if inflation is supposed to be the reason, that problem could only be solved if interest rates increase more than the current inflation or at least to the same level so that inflation gets a break. But I guess everyone forgot the warning that the United States founders left us "first by inflation and then by deflation the bankers will deprive you out the land that your forefathers conquered."

If Bitcoin is going to be manipulated together with the stock market, Bitcoin has failed because they take your house first with inflation, and right after it with deflation, you will lose your coins. That way, you just lost your so limited supply asset. Bitcoin needs to leave the stock market alone and do its own thing, but I guess that happens when your only utility is speculation, and the biggest speculators are always Wall Street investors.

Congress mining hearing.

Well, we know that governments around the world don't like the idea of a currency that they can't print, so you can bet that at some point, they will try to ban cryptocurrencies at some point in the future and make it look like they are doing it for your good or the good of the citizens. What better way to say that Bitcoin mining is a waste of resources while they starve you to death as the Venezuelan government does to its people with a worthless fiat currency. I would say expect a big ban of cryptos at some point.

Futures closing date on Jan 28, 2022.

I also hear that price may be dumping on the tube because some giant whales would like to see investors lose on their bets placed at Bitcoin futures markets that will expire that date. Pretty much crashing the price before that date to see some investor either gain or lose. Pretty much big fish trying to eat other fishes just another day in crypto that is way is always best to only invest what you can afford to lose something that I certainly don't like hearing because I don't like losing unrealized gains or having to deal with unrealized loses.

Conclusion.

It doesn't matter the reason why the price is going down because at the end of the day, it could be that none of the reasons previously mentioned are correct, or it could be a mix of all of them together or just one, something else entirely that people haven't even figure out just yet, something out of the blue, what matter is what you will do with what you can control because the whole market will do what it must. You and I can do nothing to change it, but we can prepare our portfolios and have them ready for when the next opportunity presents itself. Please read my previous article and find a reason to be happy about the current situation.

Red markets, downtrend? It would be best to be happy when the price of almost all cryptos is down.

https://read.cash/@francis105d1/red-markets-downtrend-it-would-be-best-to-be-happy-when-the-price-of-almost-all-cryptos-is-down-47aea32f