Crypto Bear Market Opportunities: Make the Most of a Crypto Downturn
— Bear, Market, Eth, Trading, Opportunities, Ether, Btc, Currently, Purchase, Coin, Owns, Crypto, Downturn, Investor, Bitcoin — 1 min read
An investor purchased $50,000 of bitcoin (BTC) and ether (ETH) in their crypto account. The investor held the coins through the bear market and still currently owns 0.45 BTC and 7.14 ETH. The current value of the position is $26,616, an unrealized loss of $23,384. However, the current value is $29,000 and ether is trading at $1,900, which means the investor still owns the coins at the time of the purchase. For example, the value of bitcoin is $55,000 per coin and ether was $3,500 per coin. Source