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What were the main concerns of cryptocurrency investors during the end of Shemitah 2015?

avatarBrookeDec 16, 2021 · 3 years ago1 answers

During the end of Shemitah 2015, what were the main concerns of cryptocurrency investors? How did the market volatility and economic uncertainty associated with Shemitah affect their investment decisions? Were there any specific events or factors that caused heightened anxiety among cryptocurrency investors during this period?

What were the main concerns of cryptocurrency investors during the end of Shemitah 2015?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we observed that during the end of Shemitah 2015, cryptocurrency investors had a range of concerns. While some investors were worried about the potential impact of the Shemitah on the market, others were more focused on the broader economic landscape. The Chinese stock market crash and the Greek debt crisis were major factors contributing to the anxiety among investors. Additionally, the overall volatility of the cryptocurrency market added to the concerns. Investors were concerned about the possibility of a market crash and the potential loss of their investments. As a result, many investors adopted a cautious approach, diversifying their portfolios and closely monitoring market trends. It is important to note that while the Shemitah may have influenced some investors' decisions, market fundamentals and global events played a significant role in shaping the concerns of cryptocurrency investors during this period.