ETH - 3 Painful Crypto Investment Lessons From The Merge
It may still be too early to tell, but The Merge has thus far been disappointing from an investment perspective. This technological upgrade from Ethereum (CRYPTO: ETH) was one of the most hyped events of the year, but the price of Ethereum has not responded as planned. The crypto is down nearly 65% for the year and an eye-popping 20% since The Merge took place on Sept. 15.
One major takeaway from The Merge is that the overall macroeconomic environment is going to far outweigh any news from a crypto, no matter how positive. Right now, investors are focused on bigger issues, like inflation, Federal Reserve rate hikes, and the risks of a lingering recession.
With that in mind, here are three crypto investment lessons from The Merge.
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3 Painful Crypto Investment Lessons From The Merge