Image source: DepositPhotos.

Except for a few rare exceptions, cryptocurrency investing in 2022 has led to a disastrous return. Top tokens like Bitclin and Ethereum have lost more than two thirds of their value, while many smaller coins are down by as much as 90% from their all-time highs. 

Yet the crypto market has a long track record of recovering from bear markets in spectacular fashion. When crypto falls it must bounce back - or at least, that has been the pattern until now. The foremost example of this is Bitcoin, which reached an all time high of just under $20,000 in late 2017, only to see its value slowly but surely erode over the next two years. It finally bottomed out at just over $3,000 before a recovery took...