Don’t Let These “Wealth Stealers” Snatch Up Your Crypto |
In November 2022, crypto exchange FTX announced it was bankrupt. |
Overnight, nearly $32 billion went up in smoke… It was one of the largest financial collapses since Lehman Brothers in September 2008. |
Soon after FTX’s implosion, the mainstream media unleashed a barrage of negativity against the entire crypto asset class. |
Former European Central Bank president Christine Lagarde claimed crypto assets were “worth nothing.” |
British magazine The Spectator blared the headline: “Crypto Is Dead.” |
And the late Charlie Munger – whom legendary investor Warren Buffett considered his right-hand man – compared crypto to a “venereal disease.” |
Friends, investor sentiment can’t get much worse than “diseased” and “dead.” |
But despite the fear and panic roiling the crypto market after the FTX crash, I got in front of camera in January 2023 and told an audience of thousands of people they were sitting in the middle of one of the best crypto buying opportunities of all time. |
Here’s a snippet of what I said: |
My goal today is to reach out across the camera, grab you by the shoulders and give you a good shake. The time to take life-, game-changing action is now… I know you may be paralyzed by fear. You don’t believe the sun will rise again. I get it. I’ve been there before. The [crypto] market is going through its biggest transformation yet… My research shows it’s about to move from fringe technology… To become the infrastructure our entire digital world is built upon. This is a transformation as big as the spread of railroads, electricity, and the internet. |
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My words proved prescient… |
Since January 2023, bitcoin has risen from a low of $16,490 to as high as $109,358. That’s a 536% gain. By comparison, the S&P 500 and gold are up 62% and 43%, respectively. |
Here’s why I’m telling you this… |
Tariffs, Trade Wars, and Market Tantrums |
On Monday, President Trump imposed tariffs against major U.S. trading partners Canada, Mexico, and China. |
And the market had a temper tantrum. |
The S&P 500 and Nasdaq dropped 3.4% and 5%, respectively. Bitcoin plunged as much as 14%. Established altcoins like Ethereum and Solana fell even more. |
I don’t know why the tariff news came as a shock. On the campaign trail, President Trump vowed to impose them as part of his more aggressive foreign policy posture. |
I immediately sent out a video update to my paid subscribers on Monday to provide some much-needed perspective. Here’s a snippet: |
You'll see events [like a trade war] that have absolutely nothing to do with bitcoin. But there’s a knee-jerk reaction to sell risk assets. And since bitcoin is considered a risk asset, people sell it. Altcoins are a highly levered way to play bitcoin. So, when bitcoin rises, they skyrocket. And when bitcoin sells off, they plummet. How do we take advantage? We buy the dip. |
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Less than 24 hours after I sent that video, President Trump paused the tariffs against Canada and Mexico after reaching border security deals with those two countries. |
And you know what? As of this writing, bitcoin is again trading near $100,000… Many altcoins are even up double digits off their recent lows. |
Now, imagine if you missed my video update Monday morning and panic-sold your bitcoin or altcoins at market open. You’d be kicking yourself in the rear right now. |
But you know who isn’t kicking themselves in the rear? The “wealth stealers.” |
These are the Big Institutions that buy the panic-induced dip. When you panic-sell high quality assets, you’re transferring your wealth to them. |
Look, I’m not saying the current bout of volatility is over yet. But I’ve seen this movie before. |
And each and every time, the folks who have made life-changing gains from crypto… They’ve used the volatility to their advantage… They didn’t fall victim to it. |
We Know How This Movie Ends |
In March 2020, a global pandemic was spreading. The world began shutting down. Markets were in a panic. And bitcoin entered freefall. |
In just two days, bitcoin dropped as much as 50% to $3,900. But I knew this crash was due to mass panic-selling. |
Nothing fundamental had changed. The bitcoin 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 knew I had to speak to as big of an audience as possible. |
As you can imagine, the people around me were nervous. Some said I was risking my reputation… That I should wait until the dust settles. |
But I knew it was time to act because I had seen this movie before. |
So, on March 18 of that year, I got in front of a camera and told everyone to buy bitcoin and a handful of smaller altcoins… Over the next year, bitcoin rocketed up 10x. And the five altcoins soared even higher. |
One was Status Network Token (SNT). It was trading for about a penny and showing no signs of life… but I told everyone watching to buy it. |
My readers had the chance to pocket a 1,201% gain on SNT. That’s the equivalent of 33 years of average annual gains for investors in the S&P 500. |
I saw a similar window of opportunity in September 2019, during the brutal Crypto Winter. Again, I got in front of the camera and told everyone to buy five coins. |
And 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. |
Within a few years, the crypto market went from $160 billion to $3 trillion. And many of the coins I recommended took off. |
One of my biggest winners was Chainlink (LINK). |
I recommended it at $0.85 in May 2019. Almost immediately, it jumped to $4. Over the next two years, it hit $52 – a 6,018% gain. |
To put that in perspective, it took Tesla shares nine years to return 6,000%… And Apple shares 29 years to hit 6,000%. |
I could go on and on… |
My point is: This is what I mean about not falling prey to the wealth stealers. If you panic sell when things look their worst, you make yourself poorer, not richer. |
How to Take Advantage of Volatility |
The market hates uncertainty. So when investors panic like they did on Monday, the market sells off. |
When you throw in massive amounts of leverage, you get margin calls. And that leads to a cascading sell-off effect in a short period. |
Again, this has nothing to do with bitcoin. Let me repeat: Tariffs have nothing to do with bitcoin or the broader crypto ecosystem. |
When investors panic, everything gets whacked lower. But when the dust settles, all that scared money comes rushing back in. |
We’re already seeing that happen… |
After hitting a low of $91,000 on Monday, bitcoin rebounded as high as $102,500 when the Trump administration paused the tariffs against Canada and Mexico. |
How do you tame this type of volatility – and not fall victim to it? By using proper risk management. |
The key is to allocate a small, uniform dollar amount across each of the ideas you get involved with. That’s because you don’t want to over-own a loser or under-own a winner. |
If you’re losing sleep over any project going up or down, you’ve put too much at risk and should re-evaluate your position size. |
Otherwise, you won’t be able to survive the periods when volatility cuts the other way and punches everyone in the mouth, the way it’s doing right now. |
I want to be clear: We might be in for a rough couple of days, weeks, even months. So emotionally prepare yourself for that possibility. |
Making life-changing money is never easy. There is always a price to pay. And for us, it’s having to deal with uncertainty and volatility. |
But so long as you are appropriately positioned sized, it's a price worth paying because the payoff can be life-changing… without posing a threat to what you have already built. |
Friends, we’re still in the early stages of this crypto melt-up stage. And this volatility is giving us an incredible buying window. |
You see, there’s an imminent catalyst on the horizon that isn’t priced in yet. |
I call it “The Convergence.” |
The Convergence is the confluence of three generational trends that will remake the leadership of the crypto markets. |
They include the launch of crypto ETFs focused on a small subsector of outperformers, which we believe are on the horizon, and a friendlier regulatory landscape. |
With the mainstream media focused on tariffs and trade wars, hardly anyone is talking about The Convergence. And the few who are don’t fully appreciate what it means for a small subsector of the altcoin market. |
That’s why I put together a special briefing to explain it all. I also shared details about six altcoins that could see an immediate boost following this event – and gave away the name and ticker symbol of one of these niche tokens completely free. |
All you have to do is click here to stream the video. |
Friends, as we see prices come in, new opportunities will emerge. And when the clouds part, we’ll see liquidity come back into the market. |
That will kickstart the melt-up phase of this bull cycle. And if you use this pullback to position yourself now, you could radically change your financial life for the better. |
Let the Game Come to You! |
Big T |
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