The Year In Review: An Emotional Rollercoaster For Crypto Investors

The crypto market this year saw some ups and downs that had market sentiment fluctuating widely. Investors had experienced a year like no other given the multiple bulls runs and subsequent crashes and dips that then plagued the market. For some, it was the best year after their portfolios lay in the red for the past three years, while for others, especially those who got in at the height of the bull rallies, it has been a brutal year. Nonetheless, it has been a year packed with lessons for all investors. Moving from incredibly bullish to bearish has helped educate investors that it cannot always be dark, neither can it always be bright. In this report, we take a look at the sentiment movements in the year and how emotions have moved with the market. Related Reading | Only In Crypto: A Croissant Explains Web3 And NFTs To Elon Musk Crypto Fear & Greed Index Fluctuates Entering into the year had investor sentiment at one of its highest. Right in the extreme greed territory, the increasingly positive outlook of investors would play out over the next couple of months in the market. For four months, market sentiment was in extreme greed, and faith in cryptocurrencies remained high. However, this would change not too long after. The very first notable price crash in the crypto market had happened in May, which saw market sentiment plummet with it. After staying in the greed territory for so long, the sentiment was suddenly i...