The World of Financial Opportunities.

The title of the post is meant for people that know the right direction and what the next phase will look like. 2022/2023 have been the years of punishment for Fintech, Banks and Cryptos. Financial institutions have seen a setback in their capitalization and many firms are dead because of the pressure—the likes of the Silicon Valley Bank, FTX and others.

This looks like the crisis in finance but I think is the time for opportunity and resetting. 90% of cryptos in the market have lost over 40% of their all-time high this year. FinTechs are experiencing downgrades in capitalization and a crisis in banks. The question is, is this how it will continue?

Every time their is a crisis, there is a new reality.

There was a global financial crisis in 2008 that led to new solutions we have today, like the blockchain and Bitcoin. 25 years ago, there was an Asian financial downfall; we have the internet after a while.

Crisis brings new solutions and growth. The crisis is part of life and we face different kinds of crises every year. Covid showed us another way to get work down and keep the economy alive. The crisis will be over and the firm, institutions or companies that come out of the crisis will be reliable and stronger. I discussed Hive with someone for possible investment and he asked if FUND ARE SAFE. My answer was simple. Hive survived one of the worst time in crypto, and the value still stays firm despite the earning factors. Hive remains one of the places I aim to invest a lot of my money in the future.

We should also expect the emergence of new technology and finance solution through web3/blockchain that will be a hybrid of crypto that will be stronger and better. Innovation never stopped.

A lot of people thought banks will not recover after the financial crisis in 2008 but they were wrong. Today there are dead banks, dead FinTech, and dead cryptocurrencies and we may say this is the end but we can look at Fintech that are doing great and cryptocurrencies project that are thriving even during this hard time and see the light in them.

Thus, in this street of financial crisis, look at the right projects and make the best of them. Focus on the opportunities and manage the risk.

_{I am @tykee. I do dev things and write}

Posted Using LeoFinance Alpha