PHEMEX is offering a $1200 DEPOSIT BONUS for deposits over 1BTC this month. If you have not checked them out, now is the time!This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COThere’s panic and fear in the streets as Bitcoin continues to correct. Analysts are already throwing out lower price targets, with reasonable ideas in the mid 20,000s, slightly less likely targets around 20,000 and ludicrous targets below 10,000.As you know, Bitcoin corrections are common, if not expected. Everything that has happened so far is normal.What is important in times like this is to take a deep breath and remember why you are here. Perhaps you are stressed as a trader if you entered at higher price and are close to hitting your stop loss or being liquidated (which should never be an option). Perhaps you are stressed if you are a brand new investor who bought the top out of pure FOMO.Most of us have been here before and know that this is normal. Breaking 42K (key level for me to resume bull action) again is not a matter of if, but when, in my mind. When you zoom out and take the fundamentals into consideration, nothing has changed. We are just getting started. You just have to remain calm and patient and sit on your hands, avoiding any bad impulsive decisions because your portfolio is down significantly.Even as traders, we are investors first. And investors don’t react to small time frame moves, unless they are buying the dip. They are never selling at moments like these, even if they think it’s likely that price will continue to drop. Attempting to buy and sell at the perfect moments is a fool’s errand if your goal is to still be invested for years. This price action will be a momentary blip on the monthly chart. Selling now to try to “buy lower” may be possible, but is more likely to leave you on the sidelines when price reverses, looking for a higher entry.Be calm. Be patient.Livestream today at 2 PM EDT - https://www.youtube.com/watch?v=skGV2B45G1cIn This Issue:Fear And PanicBitcoin Thoughts And AnalysisLegacy MarketsEthereum Price Is Down, Demand Is UpTim Draper Foresees 250K BitcoinMike Tyson Spawns Bitcoin Vs. Ethereum DebateBitcoin Accepted In Vegas ClubMy Recommended Platforms And Tools
The Wolf Den #288 - Fear And Panic
The Wolf Den #288 - Fear And Panic
The Wolf Den #288 - Fear And Panic
PHEMEX is offering a $1200 DEPOSIT BONUS for deposits over 1BTC this month. If you have not checked them out, now is the time!This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COThere’s panic and fear in the streets as Bitcoin continues to correct. Analysts are already throwing out lower price targets, with reasonable ideas in the mid 20,000s, slightly less likely targets around 20,000 and ludicrous targets below 10,000.As you know, Bitcoin corrections are common, if not expected. Everything that has happened so far is normal.What is important in times like this is to take a deep breath and remember why you are here. Perhaps you are stressed as a trader if you entered at higher price and are close to hitting your stop loss or being liquidated (which should never be an option). Perhaps you are stressed if you are a brand new investor who bought the top out of pure FOMO.Most of us have been here before and know that this is normal. Breaking 42K (key level for me to resume bull action) again is not a matter of if, but when, in my mind. When you zoom out and take the fundamentals into consideration, nothing has changed. We are just getting started. You just have to remain calm and patient and sit on your hands, avoiding any bad impulsive decisions because your portfolio is down significantly.Even as traders, we are investors first. And investors don’t react to small time frame moves, unless they are buying the dip. They are never selling at moments like these, even if they think it’s likely that price will continue to drop. Attempting to buy and sell at the perfect moments is a fool’s errand if your goal is to still be invested for years. This price action will be a momentary blip on the monthly chart. Selling now to try to “buy lower” may be possible, but is more likely to leave you on the sidelines when price reverses, looking for a higher entry.Be calm. Be patient.Livestream today at 2 PM EDT - https://www.youtube.com/watch?v=skGV2B45G1cIn This Issue:Fear And PanicBitcoin Thoughts And AnalysisLegacy MarketsEthereum Price Is Down, Demand Is UpTim Draper Foresees 250K BitcoinMike Tyson Spawns Bitcoin Vs. Ethereum DebateBitcoin Accepted In Vegas ClubMy Recommended Platforms And Tools