Bitcoin Falls 54% Below All-Time High! What Does This Mean For You?!

Going once… Going twice… Going… well, will it go for a third time???

That is the BIG, BIG question as Bitcoin plummets -by 54% from its recent all-time high to the $30,000 mark.

These are incredible times and who is to say the revolutionary coin won’t suddenly soar back up to another all-time high as it has done already TWICE this year?

As it is, the markets are in something of a freefall and are literally brimming with amazing trading investments opportunities as FEAR and FOMO continue to reign!

CRYPTO NEWS

Why is Bitcoin’s dramatic fall so HUGE? Well, you can find out in our latest Trades Of The Week for in-depth analysis – but, in a nutshell, this time around, Bitcoin’s drop was actually caused by TERRA LUNA.

As you may know, Terra Luna’s stablecoin was recently pegged to the US dollar – i.e. 1 stablecoin = 1 dollar. But what happens when you don’t have enough cash reserves? You get unpegged!

The big thing here was Terra Luna then sold all its Bitcoin holding to get re-pegged!

Wow!

Then everything came down like dominos!

It means, for us investors, there are some very enticing propositions available right now, not only with Terra Luna but ETHEREUM, CRYPTO.COM, AVAX, MATIC, HEDERA HASHGRAPH, and ENJINCOIN which is down a whopping -82%! The others are sitting at between -50% to -75%.

BUT that was not the only surprise this week… as SOLANA found itself in the middle of an investor storm which lasted 7 hours. Let’s just say it had something to do with 4 million transactions per second!

As shocking as this was, it’s all part of cryptocurrency’s evolution – so don’t panic!

What else?

Oh yes… with high fashion house Gucci now accepting various cryptos as payment, including one notorious “joke” coin, it has left our founder Marcus contemplating capitulating and buying “some of the damn stuff!”

Can you guess which one it is?!

BUFFALO

We have been short and long for a while now – but there is a reason for that, it’s called hedging and we believe you must always be hedged.

And being short when the markets go down is when we make our money, as we will do with TMCI, AIRBNB, MBI, TWI and MTDR which are all locked in for guaranteed profit.

MARKET NEWS

As mentioned earlier, there’s still extreme fear in the markets, bearish moves in the major indices, US30, US 100 – US30 had Black Thursday, dropped nearly 1000 points to 2%, NASDAQ dropped 5%, largest moves since 2020 and start of the pandemic.

Why? Inflation, increase in interest rates, the war in Ukraine, and Covid lockdowns in China, are all combining to cause fear.

US30 really dictates where the market is going because it’s the top 30 companies in the US. When the US30 drops, it means big Blue Chip companies are taking a hit. When the US30 falls below 30,000 then Blue Chips may fall further… this is all great of course for our VCA opportunities!

BUT, as ever… be aware! If the market falls don’t be scared, our strategies are there to buy as the market falls and sell when the market rises.

It sounds simple to do – but it’s not easy because one has emotions when money is involved.

That’s why we never look at the money, we always look at percentages. 

And talking of BLUE CHIPS… more great news as these are fantastic times to be buying a part of some big-name firms, some of whom are down -20% to -30%.

Names to entice you – COSTCO, BEYOND MEAT, ADOBE… and wait for it… even AMAZON!!

Down -36%

Have you ever heard of this before? No! It’s just too good… and we even made healthy profits with our VCA’s JOHNSON & JOHNSON and ACTIVISION.

RESULTS

Stock Market:

  • Buffalo: +56.5% on total portfolio (+3%)
  • VCA: +1,025% on money invested (+30%)

Cryptocurrency Market:

  • CCA: +1,510% on money invested
  • Small-Cap: 4,320% on money invested

Referred

https://www.vingle.net/posts/4456527
https://www.vingle.net/posts/4456543
https://www.vingle.net/posts/4456551
https://www.vingle.net/posts/4456556
https://www.vingle.net/posts/4456572

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