What is the meaning of capitulation in the crypto industry?
abolfazl khDec 27, 2021 · 3 years ago1 answers
Can you explain what capitulation means in the context of the cryptocurrency industry? How does it affect the market and investors?
1 answers
- Dec 27, 2021 · 3 years agoIn the crypto industry, capitulation is when investors reach a point of complete surrender. They throw in the towel, sell their assets, and give up on the market. It's like a defeatist attitude taking over. Capitulation usually happens after a prolonged period of decline or a major market crash. It's a moment of extreme pessimism and despair. But here's the thing, capitulation often marks the bottom of a bear market. It's when all the weak hands have been shaken out, and the market can start to recover. So, while it may be painful to witness, capitulation can actually be a sign of a market turnaround. Keep a close eye on the market sentiment and be ready to seize the opportunities that arise.
Related Tags
Hot Questions
- 98
How does cryptocurrency affect my tax return?
- 84
What is the future of blockchain technology?
- 72
What are the best practices for reporting cryptocurrency on my taxes?
- 71
How can I protect my digital assets from hackers?
- 59
Are there any special tax rules for crypto investors?
- 42
What are the tax implications of using cryptocurrency?
- 37
What are the advantages of using cryptocurrency for online transactions?
- 28
How can I minimize my tax liability when dealing with cryptocurrencies?