The Crypto market is in tatters. The global cryptocurrency market cap moved up to the $961 billion mark, rising about 3 per cent in the last 24 hours. Several big players in the cryptocurrency markets have had difficulties, and further declines could force other crypto investors to sell out.
Rajeev who is kind enough to host me and brought up the following topics.
a) How long this bear market or correction go?
b) How to save your crypto capital now
c) Who / which exchanges could be next to fall?
d) Should you buy the crypto dip?
e) Staking, stablecoins
00:00:00 Introduction
00:00:59 What lead to the bear market in Crypto.
00:02:16 The worst is not yet over for Crypto markets
00:04:38 What exchanges can fall next?
00:08:10 How should retail investors save their capital? Buy a cold wallet and withdraw from the exchange?
00:09:14 Could Binance be under threat?
00:10:26 Does the current bear market affect the long-term bullish thesis of Crypto?
00:12:55 How to use spare cash when crypto prices are low? What are possibly good coins?
00:20:35 View on Luna? Why did Luna fail and why Anndy was one of Luna’s skeptics?
00:23:33 Are stablecoins here to stay?
00:27:09 What should retail investors do in this scenario?
00:29:19 Should investors stake their coins now?
00:32:15 Investors should be careful of crypto influencers!
00:34:50 Thank you
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.