Crypto Winter: The Rocky Ride of Cryptocurrencies in 2022

Gimme Some Truth | Investing, Financial Advice for High-Net-Worth Families and Individuals

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3y ago 33:08

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Here in Wisconsin, it’s still very much summer. But for some investors, winter has set in – crypto winter, that is. In this episode, Clint Walkner – who came dressed for the occasion – and Nate Condon discuss the sharp downturn in the cryptocurrency markets. Cryptos like Bitcoin, Ethereum, and Dogecoin have all plunged more than 40% in the last year. Crypto investing platforms like Voyager have filed for bankruptcy – Clint has first-hand knowledge of this, unfortunately. And there’s a lot of uncertainty about the future of crypto assets.

Clint & Nate start by trying to pinpoint what type of asset crypto is and how it correlates to other assets. They also discuss other topics like the limited supply of bitcoin and why that matters, whether you’re better off in a stock or index fund when everything is down big, and more.

Questions about the current state of cryptocurrency? Or things you’d like us to go more in-depth about? Send an email to [email protected] or check out the link section below for more information.

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