2023 is coming in soon! In this post, I will share my views for the past year, my opinions of the coming year, and give an update on Bob’s portfolio.

2022 Review

2022 will be remembered as the year where the good times came to an end.

First up, we had the massive crypto meltdown. Taking Bitcoin as a barometer, from the highs of USD 47.7K at the beginning of the year, it fell to a low of USD 16.6K by 30 Dec 2022, a 65% drop, and this is not the worst. We had seen the collapse of several coins and entities related to cryptosphere: Terra-Luna, Three Arrows, FTX, to name a few, and these events shook the confidence of cryptos, even amongst their die-hard supporters (for now).

Next, we have the 2 “INs” wreaking havoc in the markets: INflation and INterest rates, and their rise