2022 has been quite a difficult year for investors around the world, no matter the market as the stock, housing, and crypto markets are only some of those currently in free fall. Not only is the world still recovering from the effects of COVID-19 but the Russian invasion has also exacerbated inflation all around the world. With such a chaotic time, finding alpha has become even harder than over the past years.
The cryptocurrency market is on fire, having dropped below the $900 billion mark on June 17th. The stock market has officially been declared a bear market after the S&P500 and Dow tumbled on Monday. US home prices have increased by 37% over the past 24 months, 8% more than the 24 months prior to the 2008 housing crash.
When it comes to cryptocurrency, speculation by media outlets seems to be the land of the law. “The Crypto Party Is Over”, says The Wall Street Journal. “Yes, Crypto Is Crashing Again. Blockchain Will Survive”, replies The New York Times. “Bitcoin Is Crashing Because Everything Is Crashing”, explains Vice. “Will the Crypto Crash Beget a Better Crypto Future?”, asks Time.
If you are having a hard time deciding what your next crypto investing strategy will be, you are not alone. Not only do crypto winters often prove to be the most difficult times to invest effectively but recent developments have further increased that difficulty. Terra’s crash, Celsius’s decision to freeze withdrawals, and Coinbase’s firing of over 18% of its workforce, are only some of them.
The chaos surrounding the crypto market was one of the topics discussed in the “Here’s Where to Find Alpha in 2022” panel at Grit Daily House earlier this month. Stefan Rust, Founder and CEO of Laguna DeFi; Caitlin Long, Founder & CEO of Custodia Bank; Roger Dooley, Forbes Contributor and Marketing Advisor; and Miles Paschini, Chief Executive Officer at FV Bank, took over the stage to share their insights on the current crypto market status.
Despite having clarified that they were not giving financial advice, the panelists shared their unique insights on the causes behind the current bear market and what to expect in the future. Regulation, adoption and innovation barriers, Central Bank Digital Currencies (CBDCs), and crypto fundamentals are only some of the topics attendees got to hear about.
If you missed the chance to attend Grit Daily House in person and to hear what these experts had to say about seeking Alpha in 2022, worry not. Not only will you be able to watch the panel in the video below but you can also find other panels on Grit Daily’s official YouTube Channel.
Juan Fajardo is a News Desk Editor at Grit Daily. He is a software developer, tech and blockchain enthusiast, and writer, areas in which he has contributed to several projects. A jack of all trades, he was born in Bogota, Colombia but currently lives in Argentina after having traveled extensively. Always with a new interest in mind and a passion for entrepreneurship, Juan is a news desk editor at Grit Daily where it covers everything related to the startup world.
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