This is an urgent alert to all our members and VIP members.
Well, we aim to please with our chatterbot newsletter and we want to cover a topic lots of our subscribers keep asking us. This will be one of our most important updates, and we have some much info to cover as bitcoin had rather a sudden selloff today.
Get FULL charts with CHATTER BOT FULL NEWSLETTER!
Bitcoin is down 10% and I am seeing lots of people panicking….
1/I have people panicking and emailing me, and saying all things about crypto, and emotional. These are people with too much money invested in crypto. If you are panicked and emotional about today's drop I would say get out and find a hobby.
2/ If you have the right AMOUNT invested in #crypto, this dip does not worry you. even if we went 2 zero on all coins, it would not be a concern! Invest what you can afford to lose, ive always told people that.
Getting emotional about todays drop means U Have too much invested!!!
A STRATEGY….TO HELP YOU! - SHOULD YOU PANIC!??
In my decades of investing, I can tell you I have seen bear markets like this one that dragged crypto lower on Wednesday …
Instead of running, im going to BE HELPING CRYPTO INVESTORS HERE - CLICK HERE! on the grounds that you are serious about wanting to be helped. That is key!!!.
Right now regarding crypto…, I'm not saying you can outrun a bear. You can't. I'm not saying you should let him eat all your food and then hope he doesn't turn on you, I am saying that you have to be clever. You have to think, 'OK, I'm not going to panic, I'm going to use my head and I'm going to outsmart the darned bear.
The same principle can apply to the stock market, crypto, bonds ETF, cannabis stocks….etc. So….. Here are his three tips for investors to protect their portfolios from being mauled:
1. Focus on individual COINS
The mere statement that a coin is "in bear market territory" doesn't actually affect the fundamentals of the underlying company / coin.
Timing is everything, and you simply can't time the crypto market with any consistency over the long run, even our members who claim our crypto chatter bot is highly accurate in calling the big ups and downs in the market, we have to admit this is not financial advice and we do not actually know what happens next, we are just formulating information prescribed to us from text, and chatter picked up on the blockchain, and handing that data over to you when we feel it necessary. You can get the full releases here and back issued calls as well below…..
If you examine individual coin and think about what represents value, you can do better than you think, some of these coins as you read this are already recovering.
Today, ... what I want you to do is recognize that even in a bear market, [you] can trick the ursine attacker by picking up coin that is in the blockchain and already doing real world things, a fabulous balance sheet and has not gone down as much as other alt coins.
2. Find the collateral damage
The bears have a "two-pronged fork" and I can tell you todays action was from 2 larger crypto traders, trying to manipulate the prices down.
You need to use the vicious selling to look for coins that are being slammed even though they're not actually getting stuck by either prong of the bitcoin cash fork. Remember this down is from the bitcoin cash folk and manipulation from very larger traders in the crypto space. Nothing else.
And even though market commentators might say "there's no hiding" in crypto coins during a bear market, 10 out of the 11 bear markets I has witnessed proved to be great places for investors to hide, if you think out longer term.
3. LOOK FOR RELATIVE STRENGTH!
Go back on the charts and look for coins that do well in drawn-downs in price, and study them. How well did they do then, and now…. this can be the golden goose!!!
You're going to feel very good about yourself when the negative fog lifts and those coins bounce right back.
Keep our cryptoChat mantras in mind — there's always a bull market somewhere, nobody ever made a dime panicking — as you seek out opportunities in bear market territory. I dont share this with too many people!!
Don't panic. Don't get scared. Don't stop looking for opportunity, This is a man-made bear market where we're being torn to pieces by two grizzlies, But there are still opportunities out there if you stay calm and you know where to look."
Have a great day.