The year 2021 was known as the best bull run in the history of the cryptocurrency market. The first half of 2022 has been labeled as one of the worst bearish cycles the decentralized finance market has endured since the peak of the pandemic in March and April 2020.
The plunge in the prices of cryptocurrencies has not had the positive effect experienced in 2020 when institutional investors were drawn to the market.
This time, the wiping away of trillions of dollars had led to several insolvencies, bankruptcies, and layoffs by many crypto firms which cannot cope with the decreased investor interest in digital assets.
Aside from this, the Federal Reserve of the United States has made decisions such as consistently increasing interest rates that have led to a spike in the demand for non-volatile assets such as government bills and bonds.
Considering the fact that smart contracts and decentralized finance were triggered to bring above-average returns to residents of the world, such a move has led to a tumble in the demand for highly volatile assets such as digital currencies.
As of July 2022, the crypto market has shed more than 50% of its opening day value of more than $2 trillion, according to data from TradingView.
This is the reason why JPEX has lined up industry experts to share insightful views about how individuals and investors in addition to firms in the sector can make certain decisions that will see them beat the current bearish cycle.
What is Beat the Bear Market?
The Beat the Bear Market Webinar is a two (2)-day event that will feature the invaluable insights of 15 iconic speakers who are industry experts. In all, more than 3,000 people will be attending the event due to in-depth knowledge which can help turn portfolios with steep losses into enormous gains. More importantly, more than 200 non-fungible token (NFT), and stablecoin, Tether (USDT) winners will be announced by the end of the event. The event will be held in the Philippines.
What does the event entail?
Before the main event, there will be a private event on Thursday, August 4, 2022. This has been dubbed Air Media NFT Gallery. Admission and Registration will begin at 1900 Hours local time. After that, there will be a Gallery Tour of Air Media NFT. This will be followed by the official opening of the Beat the Bear Market Event. The remaining time through to midnight will see a live performance, raffle drawing, socializing, and networking.
Saturday, August 6, 2022, is DAY ONE (1) of the Beat the Bear Market WEBINAR. From 1800 Hours local time, there will be admission into the Webinar. A brief introduction to the webinar will be done. After that, a summary of what JPEX is about will follow. Despite its popularity, many people do not know what cryptocurrency entails, so one of the speakers will enlighten the audience about what cryptocurrency means. From then, the event will go deep into the game plan needed to counter the bear market, and the 5 pillars of trading introduction and fundamental analysis. Three (3) pillars will be thoroughly explained and the first day of the event will end.
Sunday, August 7, 2022, is DAY TWO (2) and will begin with admission. After that, there will be a recap of DAY ONE’s activities. This will be followed by Pillars 4 and 5. Once done, the emerging decentralized autonomous organization (DAO), and the importance of decentralized finance (DeFi) will be highlighted. Moreover, gaming finance (GameFi) has caught up with Generation Z and has become a form of passive income for many residents of developing economies. Play-to-Earn (P2E) led to the success of Axie Infinity and will be discussed extensively.
There have been numerous regulatory hurdles this year due to the collapse of the TerraUSD (UST) which has led to questions being raised about the adoption of cryptocurrencies in the mainstream.
The way forward in terms of adoption will thoroughly be delved into.
From 21:15 local time in the Philippines, attention will be turned to Traditional Business and Web3 as well as making wealth in this digital revolution.
Question and Answer segments will follow. After this, there will be a Raffle Draw to announce the winners of NFTs, USDTs, and BlueArk (BRK).
Closing remarks will be given and the event will end.
The speakers that will be sharing insights come from major stakeholders of the space such as CryptoVerse, CryptoMind, Afante Studios, Bored Punks of Society, Air Media NFT Gallery, CryptoMind, CryptoWall, SMC Strategies, Project Quidit, Adamant Coin, and Finn Cotton NFT.
Among the speakers are;
How Do I Register?