beginingCryptocurrenciesBitcoinYour last chance for life-changing crypto wealth

    Your last chance for life-changing crypto wealth

    Last week, Bitcoin and the cryptocurrency market as a whole appeared to be on the verge of a breakout. That prices will soon match their previous all-time highs or that they will set new ones. And then the market turned red. The consensus is that it was originally caused by the Evergrande situation in China. This led to a sell-off that liquidated a large amount of people. Then couple that with US SEC FUD and it's a perfect recipe for market sentiment to turn bearish. As always, I remain as bullish as ever and fully expect Bitcoin to reach a new all-time high before the end of the year. The same goes for ethereum and most other coins.  

    This small hiccup in price is actually a blessing in disguise if you are in the crypto market for a long time. Let me explain.


    Most analysts and people who have been in cryptocurrency for a long time generally agree on where they think the market prices are headed. When asked how far we are in the crypto journey compared to the internet, it is often said that the crypto market is at the same point in its development as the internet was in the mid to late 1990s. That statement alone should make you engage in incredible thinking just about what the future might look like. And if that doesn't excite you, thinking about potential future prices should do the trick.

    I am as bullish as one can be on Bitcoin and the future of the market. I have calculated countless times what price targets I would need to hit in order to escape the rat race, retire and live comfortably in some remote tropical region. With that said, I welcome this FUD and this price drop with excitement.  

    Before the price crash, crypto was just reaching a point again where I was starting to feel it was expensive. Now don't get me wrong if you're in this for the long haul; today's price swings won't matter much to the places we're heading. But when prices drop 20-50% on some coins, it cannot be ignored. The market gives you the opportunity to accumulate these assets at prices that could potentially change your life.

    In fact, I was able to take advantage of such a situation and completely change my financial future. During the Covid price crash in March 2020 when crypto markets fell to an unprecedented level. When everyone panicked, I went all-in on cryptocurrency. Fortunately, my portfolio changed because of this decision.


    If you are in the cryptocurrency market for a long time, you don't have to worry about the normal daily ups and downs. When in doubt, zoom out. But with that said, when the market gives you these amazing opportunities. That's when you should take full advantage. You don't want to be someone who buys high and sells low. You also don't want to be the person who gets liquidated during these moves.  

    Now is the time to put yourself in a great position when bull season resumes. There is a stereotype that many people have about cryptocurrency and that it is very easy to get rich from it. However, I believe it is easy for your coin assets to grow and appreciate in value to a degree that would make you rich. That comes with the market being so young and so volatile. But that same volatility is what makes this market so challenging. It takes a lot of mental fortitude, stamina and patience to be able to HODL through all the FUD attacks and price drops. Most people don't have what it takes.

    As for me, I was loading up the truck and buying as much bitcoin, ethereum and solan as possible. I also watched Polkadot and a few others. As autumn turns to winter; I truly believe we will all look back at the price FUD over the summer and this latest price drop as potentially the last chance we had to amass life-changing wealth in this market. Let me ask you this: Are you taking advantage of this opportunity?

    What about you? Buying, selling or just watching this week? Which coins did you get?



    As always, thank you for reading!

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