{"id":44136,"date":"2022-05-24T07:40:37","date_gmt":"2022-05-24T07:40:37","guid":{"rendered":"https:\/\/adamfayed.com\/?p=44136"},"modified":"2024-02-23T05:33:52","modified_gmt":"2024-02-23T05:33:52","slug":"the-2022-crypto-crash-wiped-out-the-price-of-bitcoin-ethereum-bnb-xrp-cardano-solana-terras-luna-and-avalanche-when-will-the-prices-recover","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/it\/investment-options\/the-2022-crypto-crash-wiped-out-the-price-of-bitcoin-ethereum-bnb-xrp-cardano-solana-terras-luna-and-avalanche-when-will-the-prices-recover\/","title":{"rendered":"The 2022 crypto crash wiped out the price of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra\u2019s Luna, and Avalanche. When will the prices recover?"},"content":{"rendered":"<p>Scrivo spesso su Quora.com, dove sono lo scrittore pi\u00f9 visto in materia finanziaria, con oltre 267,5 milioni di visualizzazioni negli ultimi anni.<\/p>\n\n\n\n<p><strong>Nelle risposte che seguono mi sono concentrato sui seguenti argomenti e problemi<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The 2022 crypto crash wiped out the price of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra\u2019s Luna, and Avalanche. When will the prices recover?<\/li><li>Where are some good places to live in East Asia, for high-net-worth individuals and expats?  <\/li><\/ul>\n\n\n\n<p>Se volete che risponda a qualche domanda su Quora o YouTube, o se state cercando di investire, non esitate a<a href=\"https:\/\/adamfayed.com\/it\/#contact-me\">&nbsp;contattatemi<\/a>, e-mail (advice@adamfayed.com) o utilizzare la funzione WhatsApp qui sotto.<\/p>\n\n\n\n<p>Alcuni dei link e dei video a cui si fa riferimento potrebbero essere disponibili solo nelle risposte originali.&nbsp;<\/p>\n\n\n\n<p>Fonte di tutte le risposte: la pagina Quora di Adam Fayed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The 2022 crypto crash wiped out the price of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra\u2019s Luna, and Avalanche. When will the prices recover?<\/h2>\n\n\n\n<p>This will be crypto\u2019s biggest test ever.<\/p>\n\n\n\n<p><strong>The reasons are simple:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>This won\u2019t be crypto\u2019s first bear market as shown by the image below from CoinMarketCap. There was between 2013-2018, but it was a small asset then. Only the \u201ctrue believers\u201d invested then.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.cf2.quoracdn.net\/main-qimg-3ad090be6a2c4476b3bc0f07647652af-lq\" alt=\"\"><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>If this downturn lasts for a similar amount of time to then, people might lose faith, especially those who bought at elevated prices. Many younger investors bought assuming the price would only go up.<\/li><li>Increasingly governments are looking to get into the space. If they eventually come up with the digital Pound, Euro, or USD, and try to entice investors with a fixed rate of return, it could harm private coins<\/li><li>All of this is happening during a period of rising interest rates, inflation, and even a global recession.<\/li><li>Any recessions, or high inflation, are more likely to impact the kind of people buying crypto, such as the younger generations. Unless more institutional investors come in, this could drag down the price<\/li><\/ul>\n\n\n\n<p>Most importantly perhaps, most of these coins have been used, by the majority of investors, as speculations.<\/p>\n\n\n\n<p>People speculate in stocks, but most market participants, especially institutions, understand it is a long-term game.<\/p>\n\n\n\n<p>We have a few hundred years of data now. All major markets have hit record highs again, even if individual stocks don\u2019t always recover.<\/p>\n\n\n\n<p>Even the worst-performing stock market since the 1980s, the Japanese Nikkei, hit a record if you adjust for reinvesting dividends yearly.<\/p>\n\n\n\n<p>The US stock market, and international indexes such as MSCI World, regularly hit record highs every few months or years.<\/p>\n\n\n\n<p>The average bear market doesn\u2019t last for that long, and even when it does, the market has come back, which means that falling markets is a great time for most investors to buy cheap.<\/p>\n\n\n\n<p>This could be the first time we have seen a bear market in such unique conditions with crypto. If we have a five-year bear market, will people give up?<\/p>\n\n\n\n<p>Let\u2019s see. Of course, nobody knows for sure. Look at 2020. Stocks and most assets fell. Few people expected a comeback to happen so quickly.<\/p>\n\n\n\n<p>The \u201cconsensus\u201d view was that stocks would probably take two or three years to recover like in 2008.<\/p>\n\n\n\n<p>Instead, the Nasdaq recovered in a couple of months, with the Dow and S&amp;P500 following a few months later, and crypto recovered very quickly as well.<\/p>\n\n\n\n<p>Most sensible investors didn\u2019t put all their eggs in these coins anyway. They either ignored it or put in a small allocation.<\/p>\n\n\n\n<p>The reason is simple. This was always a speculation, which could work out for you or come back and bite you on the behind.<\/p>\n\n\n\n<p>A good investor focuses on a good, risk-adjusted return, rather than just the highest possible return.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Would you rather move to Japan, South Korea, China, or Singapore?<\/h2>\n\n\n\n<p>For high-net-worth individuals and extremely well-paid corporate ex-pats, Singapore is best on a financial basis.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.cf2.quoracdn.net\/main-qimg-278b2ea4e50466ec279cd3d4c8f36d30-lq\" alt=\"\"><\/figure>\n\n\n\n<p>That is because the job opportunities are plentiful and the tax regime is excellent &#8211; there is zero percent corporation tax on most forms of foreign-sourced income.<\/p>\n\n\n\n<p>Therefore, Singapore is cheaper for high-net-worth individuals than many other \u201ccheaper\u201d countries, including China, once you factor in this huge huge benefit.<\/p>\n\n\n\n<p>With that being said, unless you work for a company that sponsors your work permit, you often need to put down $2m+ to \u201cbuy\u201d residency, unless you are married to a local.<\/p>\n\n\n\n<p>In comparison, Japan and especially South Korea have similar residency by investment programs, which are more accessible.<\/p>\n\n\n\n<p>The difference is they are usually time-limited. South Korea\u2019s scheme, for example, allows you to pay zero on most forms of overseas income if you have lived in Korea for no more than five years in a ten-year time horizon.<\/p>\n\n\n\n<p>Mainland China, as far as I am aware, doesn\u2019t have any such tax schemes. I have only known businesses to be offered tax advantages, including one or two of my client&#8217;s businesses.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.cf2.quoracdn.net\/main-qimg-a0448faae2bbabaf849911a6291fd82f-lq\" alt=\"\"><\/figure>\n\n\n\n<p>However, those incentives were given more in the 1990s and early 2000s than today. These days, China is less foreign-friendly, both toward individuals and even businesses.<\/p>\n\n\n\n<p>Added to the repressive internet and government rules, I would rule out China. The major positive about China is that you will learn a lot living there.<\/p>\n\n\n\n<p>Socially, both Korea and Japan are democracies. The younger populations, especially in Korea, are very similar, in outlook, to the average person living in a Western democracy.<\/p>\n\n\n\n<p>They grew up in a democracy, unlike the older generation, who are more collectivist for that reason.<\/p>\n\n\n\n<p>Therefore, I would pick Singapore or South Korea, depending on what you are looking for.<\/p>\n\n\n\n<p>I would also consider Taiwan and Malaysia.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Siete afflitti dall'indecisione finanziaria? Volete investire con Adam?<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"604\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2022\/04\/smile-beige-jacket-4-1024x604-2.png\" alt=\"\" class=\"wp-image-41190\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2022\/04\/smile-beige-jacket-4-1024x604-2.png 1024w, https:\/\/adamfayed.com\/wp-content\/uploads\/2022\/04\/smile-beige-jacket-4-1024x604-2-300x177.png 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2022\/04\/smile-beige-jacket-4-1024x604-2-768x453.png 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2022\/04\/smile-beige-jacket-4-1024x604-2-81x48.png 81w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/become-adams-client\/\">Diventa mio cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/good-match-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fare il quiz sull'idoneit\u00e0 del cliente<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/adamfayed.com\/it\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Contatto<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Adam \u00e8 un autore riconosciuto a livello internazionale in materia finanziaria con oltre 830 milioni di visualizzazioni di risposte su Quora, un libro molto venduto su Amazon e un contributo su Forbes.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Will the price of some coins ever recover?<\/p>","protected":false},"author":1,"featured_media":44140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10166176115445471_100883565069113":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[11798],"tags":[8515],"class_list":["post-44136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-options","tag-ethereum"],"_links":{"self":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/44136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/comments?post=44136"}],"version-history":[{"count":1,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/44136\/revisions"}],"predecessor-version":[{"id":80874,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/posts\/44136\/revisions\/80874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/media\/44140"}],"wp:attachment":[{"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/media?parent=44136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/categories?post=44136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamfayed.com\/it\/wp-json\/wp\/v2\/tags?post=44136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}