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Meghna Das Chowdhury
Jan 25, 2022
by Meghna Das Chowdhury

Crypto Bear Will Help To Build The Best Projects: Nischal Shetty

Nischal Shetty says best crypto projects comes during bear trends
The cryptocurrency market fell a few days ago, causing investors to be nervous. While some panicked and sold, others took advantage of the situation and purchased the dips. Nonetheless, the crypto meltdown became the talk of the town and grabbed all the headlines, in what is being considered as a preview of how the crypto bubble may burst someday. Bitcoin and most other Altcoins have been falling in value as crypto investors anticipate the US Federal Reserve raising interest rates faster and more aggressively than most had predicted only a few months ago.

If we look at the numbers, since the November peak, Bitcoin has lost more than $600 billion in market value, and the total crypto market has lost more than $1 trillion. With investors confused over whether to buy the dip or not, few crypto influencers are still having high bullish development in the market. WazirX CEO, Nischal Shetty is one of them and he took to Twitter to tell crypto-traders that the best crypto projects are still to come. 

Bear Times Brings The Best Bulls in the Market

Nischal Shetty said that the industry is always building during the bear moments just like it makes money during the bullish trends. He says that there is nothing that the traders should worry about. The best projects in the crypto market get built when there is a severe market crash and it doesn’t matter if it is bull or bear, as all only helps the crypto market to grow.

In a previous interview, he also said, “I think 2022 is going to extend on all the work that was done in 2021 and regulations are right at the top. I believe India will go deeper into the old regulatory environment around crypto and this is going to be true globally. The talk around CBDC which is the Central Bank Digital Currency will see more movement. A lot more countries are going to get into CBDC and in 2022 it is going to be a race about which country launches it faster than the others."
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Crypto Bear Will Help To Build The Best Projects: Nischal Shetty
Meghna Das Chowdhury
Meghna is a graduate of the Indian Institute of Journalism & New Media specializing in Print Journalism. She is currently working as a content writer for Agio Support Solutions Pvt. Ltd. She aims to provide quality content and strategy in the field of cryptocurrency and work with digital marketing platforms to deliver brand-specific strategies.

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