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Capitalizing on Fear In The Crypto Markets
Altcoin (AKA Retail) investors have gotten completely rekt since the beginning of the year. The baby is mistakenly being thrown out with the bath water. Here’s why not to panic.
When you were a kid, do you remember getting in trouble because some of your friends did something wrong? Or maybe a disruptive kid at your table got the entire class punished? It was frustrating and probably made you feel frustrated and angry. And rightly so!
Today, we are experiencing a similar event in the crypto market where risk-taking degens (myself included) were overly speculative on memecoins, AI coins, and leverage. The market decided to punish this group with a severe correction, and everyone, except for Bitcoin, was taken down with it.
While the market psychologically wants you to sell out of fear, uncertainty, and doubt, I will explain why that may not be the best play right now. In fact, I am looking at this opportunity similarly to what I wrote about last year in How I’m Taking Advantage Of The German Crypto Firesale!
Is the Bull Market Over?
We can create a laundry list of reasons to believe the bull market is done. Here are some popular ideas…