Why Most People Will Miss Out On The Next Crypto Bull Market
Most People Will Miss Out On The Next Crypto Bull Market. Unlike some extremists in this space, I am data driven and I don't have emotional attachment.
Unlike most people's opinions. One of the MAJOR Reason why Crypto will rally is because Nasdaq is going to break all time high and maybe even heading into 15000-20000 level.
Most asset classes move together. We are in another era of easy money. So, by default, everything goes up.
Crypto has underperformed Nasdaq since 2017 top, so, capital will start flowing back once people made tons of money on Nasdaq, the blue chips, large caps, then mid and small caps.
Crypto is a PROXY to technology and therefore should BENEFIT from Nasdaq and Tech.
Let's look back at history. Take a look at Nasdaq chart. Nasdaq had a GOOD YEAR in 2013. What happened in 2013? Bitcoin bubble.
Nasdaq had a GREAT YEAR in 2017. What happened in 2017? Another crypto bubble.
The next bubble will happens. Crypto will go into bull market. If dozens of stocks can have more than 1 trillion in valuations. Crypto will go to 1 Trillion.
Heck, crypto may go to several trillions at the peak of next bubble. I don't care. Because just like penny and small cap stocks. Some crypto will do 10-20 and even 100x from CURRENT LEVEL.
Almost all the sellers and bag holders have left the market.
People keep claiming that crypto is dead. if Crypto is dead, Ethereum should be heading to zero. The fact that Ethereum held at this 100-200 level so long shows that there is STRONG HAND supporting this market. If Crypto is dead, Chainlink shouldn't breaking all time high and becoming the best performer in 2019. The same with Tezos and some other altcoins.
The smart money is smart in the sense that it will give people MAXIMUM pain to let them out, even if that means PUSHING the price all the way down to 99.99% drop from all time high. It doesn't matter.
When they decided to push, they will push it as hard as they pull it down. That's why the market will continue to provide potential 10-20-100x.
And the good thing is, people don't need to put all their life savings in this asset. Only the fools put everything and lost everything. The fact that I am still here and will continue to be here shows that I know RISK MANAGEMENT and I have the capacity to deal with bear market and 99.9% drop.
I missed the majority of 2016/2017 bull market. Not going to miss anything anymore. This might be the last chance for EASY 100-1000x. Once this market goes big. That's it.
Just like how people missed the Nasdaq of 80's and 90's where stocks like Microsoft, Intel, Oracle, Cisco, Yahoo all did 100x and more.
Opportunities like this don't always come. And I am going to take it.
I don't care about other people. I know for sure people will start to come back and asking about crypto at the next top of bull market. I will just tell them get lost and go learn how market works.
These people deserve to lost money. You can't be given so many chances. Crypto has given people so many chances to make DECENT money, but most people throw it away, just like how most people missed out entirely on the stock market bull market since 2013. I am lucky that in 2015/2016, I decided to stop listening to people like Peter Schiff and starts to look at data and find gems in the market, stocks like Nvidia, Amd and others that did 10-20x. The best decisions I have made in my life is to do my own research, look at data versus listening to people opinions and medias.
Go do your own research.
We are still early in this trend. The time will come when it is already too late to get in, that is where to be fearful and to just totally get out.
Regards.
Unlike most people's opinions. One of the MAJOR Reason why Crypto will rally is because Nasdaq is going to break all time high and maybe even heading into 15000-20000 level.
Most asset classes move together. We are in another era of easy money. So, by default, everything goes up.
Crypto has underperformed Nasdaq since 2017 top, so, capital will start flowing back once people made tons of money on Nasdaq, the blue chips, large caps, then mid and small caps.
Crypto is a PROXY to technology and therefore should BENEFIT from Nasdaq and Tech.
Let's look back at history. Take a look at Nasdaq chart. Nasdaq had a GOOD YEAR in 2013. What happened in 2013? Bitcoin bubble.
Nasdaq had a GREAT YEAR in 2017. What happened in 2017? Another crypto bubble.
The next bubble will happens. Crypto will go into bull market. If dozens of stocks can have more than 1 trillion in valuations. Crypto will go to 1 Trillion.
Heck, crypto may go to several trillions at the peak of next bubble. I don't care. Because just like penny and small cap stocks. Some crypto will do 10-20 and even 100x from CURRENT LEVEL.
Almost all the sellers and bag holders have left the market.
People keep claiming that crypto is dead. if Crypto is dead, Ethereum should be heading to zero. The fact that Ethereum held at this 100-200 level so long shows that there is STRONG HAND supporting this market. If Crypto is dead, Chainlink shouldn't breaking all time high and becoming the best performer in 2019. The same with Tezos and some other altcoins.
The smart money is smart in the sense that it will give people MAXIMUM pain to let them out, even if that means PUSHING the price all the way down to 99.99% drop from all time high. It doesn't matter.
When they decided to push, they will push it as hard as they pull it down. That's why the market will continue to provide potential 10-20-100x.
And the good thing is, people don't need to put all their life savings in this asset. Only the fools put everything and lost everything. The fact that I am still here and will continue to be here shows that I know RISK MANAGEMENT and I have the capacity to deal with bear market and 99.9% drop.
I missed the majority of 2016/2017 bull market. Not going to miss anything anymore. This might be the last chance for EASY 100-1000x. Once this market goes big. That's it.
Just like how people missed the Nasdaq of 80's and 90's where stocks like Microsoft, Intel, Oracle, Cisco, Yahoo all did 100x and more.
Opportunities like this don't always come. And I am going to take it.
I don't care about other people. I know for sure people will start to come back and asking about crypto at the next top of bull market. I will just tell them get lost and go learn how market works.
These people deserve to lost money. You can't be given so many chances. Crypto has given people so many chances to make DECENT money, but most people throw it away, just like how most people missed out entirely on the stock market bull market since 2013. I am lucky that in 2015/2016, I decided to stop listening to people like Peter Schiff and starts to look at data and find gems in the market, stocks like Nvidia, Amd and others that did 10-20x. The best decisions I have made in my life is to do my own research, look at data versus listening to people opinions and medias.
Go do your own research.
We are still early in this trend. The time will come when it is already too late to get in, that is where to be fearful and to just totally get out.
Regards.