It's been a while since we've seen such a terrible week in the market.
Today, cryptoassets across the board plunged – wiping off $200 billion in market value.
Bitcoin has fallen a worrisome ~20% in a little over a week. |
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You see, the explosion of volatility we saw this week carried with it an important warning...
That, despite all of its potential, Bitcoin and the entire crypto market is not impenetrable to capitalism’s greatest enemy…
Greed.
You see, recent events have been simple cases of speculation, over leverage, and irrational exuberance.
It’s what causes valueless memecoins like dogecoin to smash through all-time highs…
It’s what causes ordinary folks – and we’ve all seen them – to gamble on tiny cryptoassets without even understanding their use-case...
And, as we saw this week, it’s what led to forced liquidations and a collapsing market.
Speculation, as you see, is a dangerous game.
And unfortunately it’s running the gamut in both the world of crypto AND the stock market.
That’s why I’m preparing for the inevitable, before the music stops.
This is what I'm doing to protect my family and my finances - I recommend you do the same.
Best,
Tim Melvin
P.S. With all the hysteria going on in today’s “bull market,” a plan for protection is more important now than ever before. It's time to prepare.
This is the only escape route left for your money.
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