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Bitcoin Bear Market (Trial By Fire)
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https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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In this video, I discuss how bear markets strengthen the Bitcoin ecosystem, create new Bitcoiners, and allow existing Bitcoiners to grow their wealth even more.
With every Bitcoin bull and bear market cycle, the "country of Bitcoin" grows in population and power. Other new faddish cryptos come and go, but Bitcoin remains-- as the hardest, most decentralized, most neutral form of money in the world.
Those who get dumped on by insiders and VC's in other coins eventually realize what makes Bitcoin so special and unique.
At a certain point, the last Bitcoin and crypto tourists have been wheeled out, their Bitcoin has been moved over to Bitcoiners with strong hands and deposited into cold storage, and the new Bitcoin bull market is ready to begin again.
The longer you are in Bitcoin, the more you begin to realize that Bitcoin is less about the pumps, and more about accumulating money for the ages. True hodlers have low time preferences and are focused on the big picture. They have taken the time to educate themselves about Bitcoin-- and as a result, they have the conviction to hodl for the rest of their lives.
After every bear market, Bitcoin emerges stronger than ever-- and ready to do battle with fiat and crypto alike.
The earlier you join the winning team, the better your life will be.
Not investment advice! Consult a financial advisor.
Yummy crypto Christmas cookies:
https://i.etsystatic.com/30386367/r/il/8ff52b/3510426092/il_1588xN.3510426092_eiw6.jpg
Solana Billionaire VC's Are Laughing At You:
https://www.youtube.com/watch?v=nBHH0k8EOHE&ab_channel=TraderUniversity
Is Celsius About To Implode?
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity
Mashinsky appears to have been dumping CEL:
https://twitter.com/ArkhamIntel/status/1545382303123259393
How Crypto Pump and Dumps Actually Work (Solana, Terra Luna):
https://www.youtube.com/watch?v=_k5OCpzB09w&ab_channel=TraderUniversity
2013 snapshot of top crypto:
https://coinmarketcap.com/historical/20130428/
Bearish sentiment may mean that we are close to a bottom:
https://www.bloomberg.com/news/articles/2022-07-10/bitcoin-faces-another-50-drop-wall-street-says-mliv-pulse
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#cryptocurrency
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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