common-close-0
BYDFi
Trade wherever you are!

What is the meaning of capitulation in the crypto industry?

avatarIlya VlasovDec 26, 2021 · 3 years ago1 answers

Can you explain what capitulation means in the context of the cryptocurrency industry? How does it affect the market and investors?

What is the meaning of capitulation in the crypto industry?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    In the crypto industry, capitulation is when investors reach a point of complete surrender. They throw in the towel, sell their assets, and give up on the market. It's like a defeatist attitude taking over. Capitulation usually happens after a prolonged period of decline or a major market crash. It's a moment of extreme pessimism and despair. But here's the thing, capitulation often marks the bottom of a bear market. It's when all the weak hands have been shaken out, and the market can start to recover. So, while it may be painful to witness, capitulation can actually be a sign of a market turnaround. Keep a close eye on the market sentiment and be ready to seize the opportunities that arise.