I don't like looking at cryptocurrency charts either. I don't even dare open my portfolio. But this drop wasn't unexpected. For weeks, I've been saying the same thing will happen after the quantitative tightening ended in 2019.
I wasn't "predicting"... but I've been reminding everyone to be prepared.
But I just remembered something else... asset holders are the ultimate winners.
Not the complainers (see the comments below). Not the panic sellers who blame content creators for the bull market not arriving.
The macro environment is sending us warnings. Trump wants 1% interest rates. BlackRock's chief investment officer is about to head the Fed.
The dollar is destined to fall further. Cryptocurrencies are oversold, while gold and silver are parabolic.
Manage your risk, and don't give up. At least that's what I'm doing.
Asset Owners vs. Complainers 00:00
Trump, BlackRock, and the New Fed Chair 4:05
We've Been Waiting for This Drop 6:00
Ethereum and Cardano Chart Analysis 8:30
Why the Business Cycle (PMI) is Most Important 12:10
SUI Paints a Picture 12:50
Zooming Out 14:10