What is a Crypto Szn? - Crypto in Plain English - Episode 247 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it8 Sep 2022

What is a Crypto Szn? - Crypto in Plain English - Episode 247 - by cryptohunt.it

What is a Crypto Szn?

Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. My name is Christian Byza, Co-Founder of Cryptohunt.it and I am your host of this daily show.

Crypto "Szn", spelled S-Z-N, refers to a "season" that crypto goes through. The idea is that crypto value goes through cycles.

Right now we are in what people call "crypto winter", meaning that prices are down and it's chilly. "crypto spring" is when things start to pick up and they peak in "crypto summer".

The fundamental believe behind the term "szn" is that things come in cycles. This has largely been true for stock markets - you may be familiar with bull and bear markets.

But does it actually apply to crypto?

In short: We can't say. We've been through two major bull runs so far, and who knows if what goes down will come up again. So be careful. Another important thing to consider is that the past is not an accurate predictor of the future - just because it happened once or twice before, doesn't mean crypto will ever come back.

But let's be honest: Many of these crypto terms out there were invented to manipulate public perception for someone else's gain. So: Just be careful and don't buy into the narrative blindly. Do your own thinking. Things may very well explode again, but you need to understand the risks.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

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