WHY METAVERSE INVESTORS ARE BEING DESTROYED


Let’s talk about why metaverse investors are being destroyed, if you should be thinking about getting out, as well as my plans for my $7,500 crypto investment. – Enjoy!
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PART 1: Bitcoin’s Power

Simply put, Bitcoin was the first, and it put Cryptocurrency into the mainstream. This has led to many investors seeing Bitcoin as the reserve currency for all Cryptos.

Many investors first put their money into Bitcoin and then invest into Altcoins afterward. Just to prove this point, most Crypto Investors don’t even look at normal currencies like the dollar, they only compare to Bitcoin. Therefore, it makes sense why the entire market drops when Bitcoin plummets.

This could be one of the reasons we are seeing a decrease in the prices of metaverse crypto coins, as bitcoin has been just been bouncing around in price and not really pushing all-time highs for a while.

PART 2: Fear, Uncertainty & Doubt (F.U.D)

The crypto markets often recover quite well after FUD, as a lot of hard core investors see it as a great opportunity to buy the dip. Once we get to a stage that FUD has little to no effect on the underlining price, we’ll know that cryptocurrencies have very strong foundations that aren’t easily shaken.

There has been a lot of hype around Metaverse Crypto Coins but equally, there are a lot of people that find the Metaverse to be a scary and unfamiliar concept. This is leading to a lot of bad press which in the short term, can have a significant effect on the coins performance.

PART 3: Stock Market Influence

Over 2021, the stock market has seen abnormal growth, as have the crypto markets.

This growth is due to a variety of factors, but one that we should definitely talk about is the amount of stimulus being pumped into the economy by governments all over the world.

Metaverse-related stocks and crypto have certainly seen a slight decrease in value. Maybe this is due to the government’s slowing down stimulus, causing people to have a lot less free money to invest.

PART 4: My Investments

In this section, I talk about the $7,500 I invested into: Axie Infinity, Star Atlas, Decentraland, Illuvium, Enjin & Sandbox.
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