July 6, 2023 | Eul Basa

Is Crypto Dead?


Nowadays, it seems that investors are skeptical to jump on the crypto train because, according to some analysts, it is apparently "dead." But is that actually the case?

No, crypto is not dead. While the value of cryptocurrencies like Bitcoin and Ethereum has been volatile in recent years, with significant price swings and market corrections, the overall trend for cryptocurrencies has been positive. In fact, many experts believe that cryptocurrencies have the potential to revolutionize the financial industry and become a mainstream form of payment in the future.

One reason why some people might think that crypto is dead is because of the significant market correction that occurred in 2018, which saw the value of many cryptocurrencies plummet. However, this was not the end of crypto. Instead, it was a necessary correction that helped to weed out weaker projects and pave the way for the development of stronger, more sustainable cryptocurrencies.

Since then, the crypto market has rebounded, with many cryptocurrencies experiencing significant growth in value. Bitcoin, for example, reached an all-time high of over $60,000 in early 2021, while other cryptocurrencies like Ethereum and Dogecoin have also seen significant gains.

Another reason why some people might think that crypto is dead is because of the increased regulatory scrutiny that the industry has faced in recent years. Governments around the world have been grappling with how to regulate cryptocurrencies, and some have implemented stricter rules and regulations. However, this is not necessarily a bad thing for the industry. Proper regulation can help to increase transparency and stability in the market, which can in turn help to attract more mainstream investors.

In addition, the underlying technology behind cryptocurrencies, known as blockchain, is still being developed and has the potential to revolutionize many industries beyond finance. Blockchain technology can be used to create secure, decentralized systems for a variety of applications, from supply chain management to voting systems.

In conclusion, crypto is not dead. While the industry has faced some challenges in recent years, it is still growing and evolving. The potential for cryptocurrencies and blockchain technology to revolutionize the financial industry and beyond is significant, and it is likely that we will continue to see new developments and innovations in this space in the coming years.


READ MORE

Hacks To Save Money On Groceries Without Sacrificing Quality

Grocery shopping shouldn’t always be expensive. Actions like smart shopping, meal planning, and substitution hacks can change those grocery trips from budget busters into money-saving victories.
December 10, 2024 Jane O'Shea

Side Hustles Vs. Part-Time Jobs: Which Makes More Cash?

Whether you're looking for part-time jobs to make ends meet or a side hustle to earn extra cash, let's explore which type of money-making gig would work best for you.
December 9, 2024 Jack Hawkins

25 Smart Ways To Save Money While Travelling

Exploring national or international places won’t cost a fortune with smart strategies. Prior research, creative planning, and soft skills can save a lot more than most people might think!
December 11, 2024 Jane O'Shea

The Most Lucrative Side Hustles You've Probably Never Even Heard Of

These days everyone wants a side hustle—but it seems like whenever you try to find one, the same suggestions always come up. However, the truth is there are plenty of ways to add to your bank account that you've probably never even thought about before. Such as...
December 9, 2024 Jesse Singer
Stressed Woman With Gifts (generate by AI)

Purchases That Guarantee Buyer's Remorse

There are so many things that seemed necessary at the time we bought them—and it's only later that we get hit with a major dose of buyer's remorse.
December 5, 2024 Sarah Ng

Easy Ways To Make An Extra $100 A Week

Most of us could use a little extra money every week. And while these probably won't make you rich, they do have the potential to help add another 100 dollars a week to your bank account—and maybe even more depending on how much effort you put into them.
December 4, 2024 Jesse Singer



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team