{"id":473540,"date":"2022-07-13T13:14:21","date_gmt":"2022-07-13T10:14:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-winter-presents-an-opportunity-amid-chaos-says-asset-group-exec\/"},"modified":"2022-07-13T13:14:21","modified_gmt":"2022-07-13T10:14:21","slug":"crypto-winter-presents-an-opportunity-amid-chaos-says-asset-group-exec","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-winter-presents-an-opportunity-amid-chaos-says-asset-group-exec\/","title":{"rendered":"# Crypto winter presents an opportunity amid chaos, says asset group exec"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3d9a6960ac6\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3d9a6960ac6\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-winter-presents-an-opportunity-amid-chaos-says-asset-group-exec\/#%E2%80%9D_Crypto_winter_presents_an_opportunity_amid_chaos_says_asset_group_exec_%E2%80%9C\" >&#8221; Crypto winter presents an opportunity amid chaos, says asset group exec  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_winter_presents_an_opportunity_amid_chaos_says_asset_group_exec_%E2%80%9C\"><\/span>&#8221; Crypto winter presents an opportunity amid chaos, says asset group exec  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMjFjZjhhM2EtOTc1ZS00NGQzLTgyNWUtNmJlMWQ2YjdmYjlhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Bear markets often result in investors showing extreme fear in tools that measure the market\u2019s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities that it can bring.\u00a0<\/p>\n<p>Alex Tapscott, managing director at Ninepoint Digital Asset Group, told Cointelegraph that the bear market is a time to focus on building. Tapscott highlighted that it&#8217;s essential to look beyond the market&#8217;s prices and see the foundations that are being laid. Tapscott explained that: <\/p>\n<blockquote><p>\u201cCrypto winters are always the best time to drill down on these core concepts, do the work and build for the future. The last bear market brought us the NFT revolution, decentralized finance, stablecoins and play-to-earn gaming.\u201d<\/p><\/blockquote>\n<p>According to the executive, the current bear market will also prepare the groundwork for realizing Web3\u2019s full potential. As an example, Tapscott said that decentralized finance (DeFi) can grow further and continue its trajectory as the financial system of the new internet. He said that: <\/p>\n<blockquote><p>\u201cIf Bitcoin was the spark for the financial services revolution, then DeFi is the accelerant. The fire spreading will engulf many firms that fail to innovate, adapt, and embrace this hot new industry.\u201d<\/p><\/blockquote>\n<p>The executive also noted that people should look for developments in decentralized autonomous organizations (DAO). Tapscott said that DAOs will supplement corporations as the method for organizing resources. <\/p>\n<p><strong>Related: <\/strong><strong><em>Crypto winter survival guide: Community shares <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> plan for the bear market<\/em><\/strong><\/p>\n<p>During the current bear market, Tapscott mentioned that crypto-assets lost around $2 trillion in value, spurring mainstream <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> outlets to write obituaries for Bitcoin (BTC). However, the crypto veteran encouraged investors to keep their composure and find opportunities\u00a0as bear markets often lead to great ideas being formed and new businesses being built. He said that:<\/p>\n<blockquote><p>\u201cThe most successful people in crypto are those who can keep calm and carry on. I don&#8217;t know when this bear market will end, but I am highly confident that like all others, it will end.\u201d<\/p><\/blockquote>\n<p>The executive also highlighted that the downward spiral of crypto prices is harrowing if investors look at the short-term time frame. However, Tapscott also said that the pain might end as investors seem to have cooled down.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-winter-presents-an-opportunity-amid-chaos-says-asset-group-exec\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto winter presents an opportunity amid chaos, says asset group exec &#8220; Bear markets often result in investors showing extreme fear in tools that measure the market\u2019s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities that it can bring.\u00a0 Alex Tapscott, managing director at Ninepoint Digital&#8230;<\/p>\n","protected":false},"author":1,"featured_media":473541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMjFjZjhhM2EtOTc1ZS00NGQzLTgyNWUtNmJlMWQ2YjdmYjlhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,74863,74868,95118,74355,117],"class_list":["post-473540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-defi","tag-nft","tag-adoption","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/473540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=473540"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/473540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/473541"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=473540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=473540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=473540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}