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Today’s Crypto “Crash” – Gut Reactions & Plans Of Attack

Today’s Crypto “Crash” – Gut Reactions & Plans Of Attack

BitLift
BitLift
/The BitLift Podcast
The BitLift Podcast
/Today’s Crypto “Crash” – Gut Reactions & Plans Of Attack
Today’s Crypto “Crash” – Gut Reactions & Plans Of Attack
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Bonus Episode - GΞR฿Z reacts to todays 25% dip and shares his plan of attack moving forward into 2022.
  • Crypto is dead – long live crypto!
    • BTC crashed -26% in 48 hours from 57k to 42k
    • ETH crashed -25% from 4.8k to 3.5k
    • But as of right now its only down 15%…
    • BTC looks like its trying to recapture 50k
    • That 1 trillion dollar market cap around $53k doesn’t hold well
    • When in doubt, zoom out!
  • WHY!?
    • omnicron? elon? an astroid?
    • No, it was leverage flushed from the system
  • Looks a lot like May’s “crash”
    • I was unsure about a Supercycle because there wasn’t a pattern, maybe now there is?
  • PlanB’s 100k by year end is toast
  • This is why you DCA! You can be excited for a crash.
  • Tax loss harvesting to offset gains with losses
  • Don’t catch a falling knife
  • How did the opportunities you’ve been considering hodl up?
    • LUNA – hit an ATH $70 yesterday, crashed 56% to $30 and its back at $69!
    • UST, MIM – both held above 0.99
    • NEXO is up
    • Eyeing SPELL…
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Not financial or tax advice! BitLift content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Talk to a licensed professional. Do your own research. Disclosure: BitLift team members hodl crypto assets and some of the links on this site may pay us a commission. See our legal disclosures.

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