Any market analyst that called the end of the bear market last week was broken in half by crypto this week.
In the past five days, Bitcoin (BTC) has dropped by more than 26%. But people who are running for the exits aren’t thinking long-term. Me? I’ve seen this movie twice before, in 2017 and 2019 – it’s scary, but it’ll end.
In January 2019, one BTC cost less than $4,000. By March 2021, it had increased to $61,000, and investors were giddy with gains. By July 2021 its price was cut in half to $31,000 again, then shot back up to almost $70,000 at the crypto peak in November.
Right now, one BTC will get you just $21,000 – talk about investing whiplash. Clearly, not every crypto investor can handle this level of volatility considering the panic-selling we’re seeing right now.
But I’m here to tell you: we can.
I’m not advising my subscribers to sell anything in our model portfolio right now, because nothing has changed about crypto’s long-term potential. The record shows each time Bitcoin takes a big hit, it rebounds and breaks records along the way, giving people like us the chance to “BTFD” and dollar-cost average into bigger positions.
For instance, I haven’t lowered or changed my 2030 Bitcoin price prediction by a single dollar. It’s just as bullish as it ever was – I’ll share it with you in a second.
But before I do that, I’m going to share the “playbook” I’ve developed and shared with my subscribers on how to “HODL” during volatility and turn into an advantage.