[Reporter's Notebook] A Survival Guide for Coin Investments to Avoid 'Money Deletion'... "You Must Have Your Own Standards to Survive"
"It's really hard to invest in coins. It feels like it's getting harder and harder." A junior colleague I am close with confided in me, sounding distressed. Rec
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- "It's really hard to invest in coins. It feels like it's getting harder and harder." A junior colleague I am close with confided in me, sounding distressed. Rec
![[Reporter's Notebook] A Survival Guide for Coin Investments to Avoid 'Money Deletion'... "You Must Have Your Own Standards to Survive"](https://www.cbci.co.kr/news/photo/202209/432629_238543_3320.jpg)
"It's really hard to invest in coins. It feels like it's getting harder and harder."
A junior colleague I am close with confided in me, sounding distressed. Recently, the term 'money deletion' has been trending on social media. It feels like it was only yesterday when the term 'money copying'—meaning your money multiplies just by investing it—was trending, but now, an increasing number of investors are facing the bitter reality of a joke that says your investment funds get deleted once you put them in.
It has been about five years since virtual asset (coin) investments gained massive global popularity. Due to the unpredictable nature of the market, many have pointed out that it is not an easy investment. In particular, as the global economic situation changes, the coin market has found itself at the center of these shifts.
Coin Market Synchronizing with Wall Street It should be noted that the coin market is increasingly 'coupling' with Wall Street trends. This means that the U.S. stock market conditions have established themselves as a key variable in coin investments. In the past, during the early days of the cryptocurrency market boom, coin charts did not share much similarity with the Nasdaq index. However, recently, they have been showing movements that seem perfectly 'synchronized.' The equation that 'when it falls, it falls together' has been established.
This is because global financial markets were jolted by adverse events such as consecutive 'giant steps' (0.75% interest rate hikes) by the U.S. and the energy crisis sparked by Russia, and the coin ecosystem could not escape this storm either. Amid the sharp downward trends, some investors were left stomping their feet in frustration, entirely helpless.
The Future of Blockchain and Investment Approaches However, leaving aside the short-term value as an investment asset, the blockchain ecosystem, which is the underlying technology of coins, is still growing steadily. Beyond simply being a 'promising technology,' blockchain is currently being applied in real life across various sectors, including finance and gaming, and its utility is gradually expanding.
Considering these characteristics, the forecast that coins will once again thrive as an investment value is gaining traction. Ultimately, the key issue in the current 'difficult investment environment' is believing in the 'future-oriented characteristics' of blockchain and figuring out 'how to approach investing.'
A Survival Guide to Avoid 'Money Deletion'... "Establish Your Own Standards" Recently, content related to a 'coin investment survival guide' has been pouring out, primarily on social media. The common denominator of these survival guides is that one must absolutely have 'standards' for investing. Investment industry experts also unanimously agree that to survive in this challenging market atmosphere, you must firmly establish your own investment 'standard.'
Investment guru Warren Buffett once said, "Risk comes from not knowing what you're doing." This can be interpreted as a warning that without clear standards and an understanding of what you are investing in, significant risks will follow.
Now, more than ever, is a time when clear awareness of one's investments and thorough studying are required to avoid losing assets. In the world of investing, it is not the strong who survive, but those who survive to the end who take the strong position.
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