The bad news : Crypto is the worst thing on earth right now.
The good news : If it ever comes back, any buys the past few months will print back breaking gains.
Darkest before the dawn or some shit like that.
All your sacrifices mean absolutely NOTHING if you give up now.
All those long days on the screens ignoring your health, your friends and family, your girl and dog, and aging at 3x the normal rate.
All of it for absolutely nothing if you sell now.
Hodl.
It will all eventually pay off.
The bottom is not far and the infrastructure is set.
Survive this dip and you will become rich beyond your wildest dreams.
All the sudden, U.S. Bitcoin strategic reserve announcement at the confluence with Clarity Act passing, then crypto pivots to catch up with equities, business cycle expansion, and massive repricing begins.
Shock to the upside insanity commences.
Imagine…
Crypto is ugly right now and most people are ready to walk away.
Nearly every single person who made life changing money in crypto held though MULTIPLE moments like this.
You don’t have to be happy about it.
You just can’t quit.
That’s how you get rich…
Do you understand?
This Bitcoin and crypto selloff is clearly a bit overdone at this point. Shorts are pressing their bets with leverage which is always a good sign because it makes the reversals more violent. Some crypto equities look like they don’t want to go much lower. I think we bounce soon.
$BTC has been declared “dead” 472 times.
And every single time, it came back stronger.
Yet the same panic returns every cycle.
If you had invested just $500 every time people declared Bitcoin dead, your portfolio would be worth over $325 MILLION today.
OCTOBER 10TH COMPLETELY F*CKED THE MARKETS.
$BTC and the Nasdaq were moving in sync until the October 10th crash.
Since then, BTC is down 47% while the Nasdaq is up 20%.
If Bitcoin had kept up with the Nasdaq, it would be around $140,000 today.
So basically Bitcoin does this thing every 4 years where the entire market thinks bitcoin is dead because the price gets shitted on over and over and over and then it goes back up and everybody forgets about it and gets mad they didn’t buy when it was getting shitted on.
Were you truly expecting a bull run without Bitcoin bottoming first?
What you're seeing right now is the setup for the real bull run.
Now add the CLARITY Act that's coming. You can't give up now.
People are reaching their breaking point.
Crypto nerds have dumped everything into this industry just to watch it all crumble while everything else pumps.
Saylor is selling BTC. Arthur Hayes just capitulated out of his HYPE and NEAR position.
Everyone is abandoning ship.
There is capitulation everywhere you look...
You know what to do.
"Sorry, we ran out of ballots."
In Jamsil, Korea, a protest broke out because the polling place didn't have enough ballots.
So the conservative local people rose up and would not let the NEC (National Election Commission) have ANY of the thousands of ballots that were cast.
The speculation is that they ran out because too many ballots were cast by impostors.
When I arrived at the scene a day later to speak, the crowd was still growing (approaching 1,000 people) and I was warmly welcomed.
The Korean people are desperate! They know that their government has been infiltrated by communist sympathizers and that their liberty is in peril.
They are looking for America to intervene.