It’s been an explosive year for cryptos… Bitcoin is up 101% since January 1, and Ethereum is up over 340% after hitting a new record high of more than $3,200 yesterday.
And both have helped make crypto the best-performing asset class since bitcoin’s inception in 2009.
Yet, I’ve probably gotten more worried emails about recent crypto volatility than I did during the 2017–18 Crypto Winter – when bitcoin crashed as much as 82%, and Ethereum plunged 93%.
For instance, I got this message from one of my subscribers last week after bitcoin dropped 28% from its all-time high on April 14, 2021…
Teeka, please, for the love of all that is holy… would you please give us an update on what bitcoin and the cryptocurrency market is doing right now?
I’ve been patient and waited through many dips. But I’m concerned I’ll be extremely upset if we hit a bear market and I’ve hardly taken any gains from my investments.
The 20% profits we took a month or two ago is nothing compared to what I’ve invested. And I would be DEVASTATED if I miss out on the gains.
He isn’t alone. I’ve helped many subscribers make similar gains – many of them life-changing – only to watch crypto prices fall afterward. Maybe some of you reading this essay today are among them.
And even if you haven’t yet made those types of gains from my recommendations, I’m sure you hope to do so one day.
So, if you’re spooked by the idea of riding crypto volatility to move the needle on your net worth, I want to share my perspective with you…
Volatility Is the Price of Admission
I’ve never sugar-coated what’s involved in owning crypto. It’s a volatile asset.
This year, we’ll likely have periods when the crypto market might be down as much as 40% or more. That’s the nature of this game. And it’s always been this way.
And as I’ve recently written, I don’t believe we’ll see the 80% pullbacks we did in the past. But you still need to prepare for 30%, 40%, and in worst-case scenarios, even 60% pullbacks…
Again, that’s just the name of the game when you’re hunting for life-changing gains. And that’s what crypto offers… the chance to transform your financial life from a handful of small investments.
If you’re rational in your position-sizing, you shouldn’t worry about the volatility. The other reason you shouldn’t fear volatility is that we’re still very early in the cycle of crypto-asset adoption.
Think about this statistic: There are five billion internet users, but only 100 million crypto users.
So, we’re nowhere near the end of the crypto adoption cycle. Not even close.
We didn’t hit 100 million internet users until sometime in early 1998… and yet here we are still getting rich from internet stocks 24 years later.
What I’ve learned is that when you’re in a massive trend early – even if you have horrible timing – the power of the trend will bail you out.
Here’s what I mean…
Would You Be Mad at a Roller Coaster for Going Up and Down?
Let’s say you had terrible timing three years ago and bought bitcoin at $20,000 in 2017… only to watch it drop all the way down to $3,800 in 2018.
Well, today, bitcoin is around $58,000. It took three years for bitcoin to come back. That means even with the worst timing in the world, you’d still have seen a 43% compound annual growth rate.
Now, I don’t have a crystal ball… So sometimes, my timing isn’t going to be exactly right. But what I’ve proven again and again is that timing doesn’t matter if you get in a massive trend early.
The crypto adoption trend is so powerful that you can experience a 90% crash and still make 10–40x on your money over a two- to three-year timeframe.
That’s the power of getting in early. And that’s why, even though I’ve had periods when my model portfolio has been savaged lower by 90%, my crypto subscribers are sitting on average gains of 2,788% today.
Long story short: If you’re early enough (and we still are), even bad timing doesn’t matter all that much.
And that’s where I want you to focus.
I know I sound like a broken record… But volatility is the price of admission to the types of life-changing gains you can make in crypto.
It’s like buying a roller-coaster ticket and getting upset by all the ups and downs you experience on the ride.
That’s the price you pay for the thrill of the ride… And in crypto, volatility is the price we pay for the thrill of making life-changing gains.
Friends, if you’re worried about every pullback, then you’ve probably got too much invested in crypto. You either need to sell down your holdings… or reset how you view this market.
And if you’ve hit your number and no longer want to deal with the day-to-day volatility that’s still inherent in crypto… then you’ve got to make a decision that works for you.
For those of you who are just coming into crypto – or thinking about coming into crypto – understand that volatility is the price we pay. But it’s worth it for the chance to make life-changing gains.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. Volatility isn’t the only thing that can send crypto prices soaring…
There’s another crypto catalyst that’s given my subscribers a chance at life-changing gains. It’s called a “halving.”
You may have heard of halvings before… It’s when a crypto’s new supply is cut in half.
And if you missed bitcoin’s halving in 2016… when my subscribers saw gains as high as 14,619% and 26,977%… or bitcoin’s halving in 2020… when my recommendations soared as high as 2,950% and 5,121%… I have good news.
You may have one last chance to profit from a lucrative event like this… I’m calling it the “Super Halving.”
And on Wednesday, May 12, I’ll explain exactly what the Super Halving is… why it’s critical you act now… and share six explosive crypto investments that will benefit from it.
I’ve never published a word about these special crypto recommendations before. And I haven’t mentioned them in any of my research services… video updates… or articles.
But during my Super Halving event, I’ll show you how to access them.
Click here to reserve your seat now, and my team will send you all the details on this first-of-its-kind event.