top of page
Search

Crypto Bear Markets Can be Blessings in Disguise

Updated: Feb 24

Crypto Bear Markets Can be Blessings in Disguise


In March 2020, I got in front of a camera and told everybody watching to buy five small cryptos.


Most people thought I was beyond nuts.


The world was shutting down. A global pandemic was just getting started. And bitcoin was in freefall.


But those who listened had the chance to make 33x, 47x, and even 75x their money.


The same thing happened during the last #Crypto Winter from 2018–19.


In September 2019, I got in front of the camera and told everyone to buy five coins.


Once again, everyone thought I’d lost my mind.


Bitcoin was down 50% and showing no signs of life. Most people thought crypto was a lost cause.


But guess what? Every one of my picks went up. You could have made as much as 29 times your money.


And I did the same thing in 2016 after #bitcoin crashed 80%.


That time, you could have made as much as 45x, 154x, and even a mind-blowing 1,510x your money.


Those picks allowed my readers to turn a few hundred dollars into more than $1 million.


Put simply: During each crash, I’ve come to you. And each time, those who took a chance, who found the strength to ignore the naysayers…


They saw their financial lives change forever.


I’m not telling you this to brag. Instead, I want to alert you today to a similar #opportunity in the crypto market.


Unless you’ve lived under a rock, you know it’s been a terrible year for crypto.


Since hitting its all-time high of nearly $70,000 in November 2021, bitcoin has plunged to as low as $15,500. That’s an ugly 76% drop.


But buying quality crypto projects during a #bearmarket can set you up for life-changing gains.


Bear Market Millionaires

2016 was to be the tail end of a two-and-a-half-year bear market…


In 2014, Mt. Gox – housing 70% of all bitcoin – was hacked. And by early 2016, bitcoin was at $350 after dropping from $1,450. (It had been as low as $175.)


At that point, all the naysayers had written crypto off as dead. Even bitcoin developer Mike Hearn was quoted as saying:


Why has bitcoin failed? It has failed because the community has failed. What was meant to be a new, decentralized form of money that lacked “systemically important institutions” and “too big to fail” has become something even worse: a system completely controlled by just a handful of people.


Today, we could easily apply that statement to the current #FTX bankruptcy debacle.


My point is what we’re experiencing in the crypto market isn’t new.


That’s not to say I’m accepting of the type of reckless behavior that led to the hack of Mt. Gox and the implosion of FTX.


Rather, I want to show you just how resilient bitcoin and the crypto ecosystem are…


Because almost any crypto bought in that 2014–16 crash would have made you insane amounts of money.


Coins like Monero, Dash, and Nem hit lows of $0.22, $0.46, and $0.000086. Yet by the time the market peaked in late 2017, those coins had hit respective highs of $542, $1,494, and $1.87.


So while die-hard early crypto adopters like Hearn lost faith and publicly denounced bitcoin… some of my subscribers became #millionaires


Just $500 into the three tokens above would have made you as much as $1.23 million, $1.62 million, and $10.9 million, respectively… and that was only the beginning.


Faster Growth Than #Apple and #Tesla

After touching $20,000 in late 2017, bitcoin fell off a cliff and bottomed at around $3,200 – an 83% drop.


Now, I actually predicted this bear market… On January 4, 2018, my message to my readers was: “Prepare yourselves.”


I told them a downside correction was coming, and it’d give them a chance to lock in gains up to 11,318%.


Sure enough, that’s exactly what happened…


That correction came, and the mainstream media had a field day. They said crypto was over.


People said bitcoin was a pyramid scheme – nothing more than “Bovine Excrement.”


But I was unfazed… And I went on record saying:


The next #bullmarket will be the biggest bull market we’ve ever seen. It will be much bigger than what we saw in 2017.


Again, you wouldn’t believe the relentless pushback I got… And again, I was proven correct.


The entire crypto market went from $160 billion to $3 trillion within a few years. And many of the coins I recommended took off.


One example is #Chainlink which I recommended at $0.85 in May 2019. Almost immediately, this coin jumped to $4.


In two years, it had hit $52 – a 6,018% gain in 24 months.


It took Tesla nine years to hit 6,000% gains. And it took Apple 29 years to hit 6,000%… So you can see how extraordinary these types of gains are.


My Publisher Pushed Back… But I Was Right Again...


Let’s jump back to March 2020… the early days of the coronavirus.


In just two days, bitcoin dropped a stunning 50% to a low of $3,900. But I knew it was due to panic selling on a mass scale…


Nothing fundamental had changed with crypto. The adoption story was the same. In fact, more people were getting into crypto than ever before.


That’s why, in the middle of the pandemic crash, I told my publisher I needed to get in front of a camera to speak to as big an audience as possible.


Now, as you can imagine, they were nervous. They said I was risking my reputation… that I should wait until the dust settled.


But I knew better – I had lived through the two previous bear markets. I knew it was time to act.


So on March 18, I got in front of a camera and told everyone to buy bitcoin and a handful of smaller altcoins… And over the next year, bitcoin rocketed up 10x, and the five altcoins soared even higher.


For example, the Status Network Token (SNT) was trading for around a penny and showing no signs of life… but I told everyone watching to buy it.


We eventually pocketed a 1,201% gain on SNT… a feat that, on average, would take you 33 years to achieve in the S&P 500.


Again, these types of moves are only available under certain, rare circumstances – like a bear market.


Eventually, all bear markets end. And a catalyst arises that starts the bull cycle all over again…


The Last Crypto Winter We Ever See


Look, I understand if you’ve all but given up on crypto…


The media is full of headlines like “Crypto Is Never Coming Back” and “Bitcoin Is on the Road to Irrelevance.”


(Those are actual headlines…)


But those so-called experts are overlooking a significant crypto catalyst.


You see, while the broader crypto market is down and many casual investors are selling their positions, institutional investors are RACING into crypto…


Companies like #Visa, #Mastercard, and #AmericanExpress are making billions off their new crypto credit cards…


#Fidelity is adding crypto access to its retirement accounts…


#GoldmanSachs has stated publicly that it plans to spend tens of millions of dollars buying up bargain crypto firms…


And JPMorgan has officially registered a trademark for its own crypto wallet.


Right now, crypto is anything but “irrelevant.”


And if I’m right about the future of crypto (and I’ve got a pretty solid track record), this could be the last significant Crypto Winter we ever see… Like buying Amazon for $6 after it fell 93% in the dot-com crash.


This will likely be the last bear market where we can turn small stakes into meaningful, life-changing returns… just like my readers have done in the past.


Let the Game Come to You!




bitcoin texas

11 views0 comments

Recent Posts

See All

Comentários


bottom of page