Cryptocurrency
Come one, come all: Crypto's wild ride in 2022
December 21, 2022
Crypto investing is often compared to a roller coaster—so let's take a trip to Coney Island.
Known for its Nathan's franks, sandy boardwalk and iconic amusement park, the grounds are also home to the Cyclone. Built in 1927, the ride's rickety twists and turns still (somehow) stand tall and remain as frightening an experience now as they were then.
In 2022, crypto was the Cyclone: a pulse-pounding, foundation-shaking ride that feels like it could go off the rickety rails at any moment—but doesn't. The highs and lows induce nausea in riders and schadenfreude for those on the sidelines.
2023 is shaping up to be another wild year for crypto. And to understand where it's going, it helps to look back.
Known for its Nathan's franks, sandy boardwalk and iconic amusement park, the grounds are also home to the Cyclone. Built in 1927, the ride's rickety twists and turns still (somehow) stand tall and remain as frightening an experience now as they were then.
In 2022, crypto was the Cyclone: a pulse-pounding, foundation-shaking ride that feels like it could go off the rickety rails at any moment—but doesn't. The highs and lows induce nausea in riders and schadenfreude for those on the sidelines.
2023 is shaping up to be another wild year for crypto. And to understand where it's going, it helps to look back.
Featured image by Leonard Zhukovsky/Shutterstock
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