Market Crash And What It Means For Crypto Investors, Explains CEO of VIPS Finstock June 2022.

Date:

Share post:

June 2022 saw a new day dawning upon the crypto-verse and turned the market upside down. Although all of this came as a shock for crypto enthusiasts and investors, it is essential to understand the whats and whys behind it. Trying to analyze the market and trying to contemplate its meaning is the crucial step when it comes to all types of investments. So with that, let’s discuss the recent market crash.

Why is there a crash today?
The crash the world faces today is the second crash of this trading year. In May, Terra Luna’s crash wiped off half a billion from the market, and it resulted in the market cap falling below $1 Trillion. And naturally, it gave rise to panic and confusion. And today, we are in a second, and we aim to try to help you steer clear of confusion and panic.

There are various reasons for this crash, including:
Depegging of UST from its $1 price,
massive sell-off by investors,
Increasing inflation rates as indicated by reports from The Consumer Price Index (CPI). This resulted in the fall of the Dow Jones Industrial Average, Nasdaq, and Celcius, freezing the withdrawal of assets.
Bear Market conditions.

How To Respond To A Market Crash?
Dealing with markets as volatile as crypto markets requires us to understand how the market works. Along with that, we are most likely to come across market volatility. This means that as the prices go up and the assets perform well in the market, it is equally possible that they would go down. Hence the way to deal with such investments is to remember these key points:
Stay calm
Assess the situation
Understand the volatility
Evaluate the future
Determine your risk appetite and decide whether you can hold or sell.
And most importantly, DYOR!

Despite the market crash, multiple examples around the world show us how firm believers are still working towards diversifying their portfolios, carefully assessing the situation, and some are even hoarding Bitcoin. Investing carefully and thoughtfully can turn into an opportunity of a lifetime.

How Is VIPS Finstock Helping Their Customers In This Situation?
VIPS Finstock is a crypto exchange platform aimed to serve the best of the crypto at all times. This, of course, includes stressful times like this. And we do not want our customers to worry in confusion. Hence, we conduct sessions twice a week where our community joins in, and we impart the current market situations in a really easy, interactive way.
We are striving each day to grow closer to our vision, and each is a step closer. The market crash can be challenging and stressful. Still, many new and old investors can dive into this and watch it grow again when viewed as an opportunity.

Website = https://vipsfinstock.com/

Instagram = https://www.instagram.com/vipsfinstock/

Facebook = https://www.facebook.com/Vipsfinstockofficial/

LinkedIn = https://www.linkedin.com/company/vipsfinstock/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Tech Entrepreneur: The Inspiring Journey of Abhinaba Das, Founder and CEO of WebGo Software Labs.

In the bustling landscape of tech entrepreneurship, few stories stand out as remarkably as that of Abhinaba Das, the visionary Founder and CEO of WebGo Software Labs. At just 15 years old, immediately after completing his matriculation, Abhinaba began his entrepreneurial journey with a Delhi-based startup. This venture secured funding from leading venture capital firms in 2020 and achieved a remarkable revenue milestone of 700 crores by 2021.

“Teenpreneur Adarsh Verma Turns Crorepati with We Anonymous Funding Success”

In the fast-paced world of cybersecurity, where digital threats lurk around every corner, innovation and determination are essential ingredients for success. One such story of entrepreneurial spirit and dedication comes from We Anonymous, a burgeoning cybersecurity company founded just 11 months ago by the visionary 16-year-old entrepreneur, Adarsh Verma.

Altaf Dadasaheb Shaikh Hindi film “Lorii” with music direction has a strong start. Earned crores for the second consecutive week.

Renowned filmmaker Altaf Dada Saheb Sheikh has once again proven his versatility in the Indian film industry by stepping into the role of music director for the Bollywood film "Lorii," which released on May 3rd. Known for his multifaceted talent as a writer, director, and lyricist, Sheikh's latest venture into music direction has already shown remarkable success. The film "Lorii" has earned a substantial 4.5 crore rupees within its first six days and continues to perform well in its second week.

Anshika Rai: The Dual Journey of a Beauty Queen and Scholar.

In the quaint town of Kalimpong, nestled in the lush landscapes of West Bengal, dreams are being woven with threads of ambition and perseverance. Among the many talented individuals, one name has recently been catapulted to national acclaim: Anshika Rai. At just 23 years old, Anshika has already etched her name in the annals of success by clinching the prestigious Miss India International title and receiving the Global Award in 2023, a monumental achievement celebrated in the glittering city of Mumbai.