Today’s Nuggets
Gray Swans
Massive Supply Shock is Incoming
Hong Kong Almost Online?
Halving Receiving Record-Level Interest
Scary Chart for Those Without Bitcoin
Stacking Shrimps
Mr100 on Hiatus?
What a crazy day.
Markets are designed to wreck your head. The sooner you have no emotion, the better off you will be.
The crypto market cap is down to $2.44T from $2.7T. Bitcoin is taking a dip and altcoins are getting wrecked. The traditional markets were freaked out as investors feared the uncertainties in the Middle East.
I will also discuss where we are with Bitcoin Halving and what it means. We will also analyze where we have come from with the new ETFs and where we could go next.
As a reminder for those interested in Bitcoin-only content then, the playlist can be found here:
https://www.youtube.com/playlist?list=PLWTRLGkkf1kTTbIDdv-P6ykul7a8iUXYf
One day less towards the Halving!
What is going on right now is bizarre!
Everyone is worried about the war between Iran and Israel.
This is an interesting take from @FinanceLanceLot and is worth sharing. When gold spikes, you should expect something bad to happen in the world, and when it comes back down to earth, it means that the war is potentially canceled.
Sometimes, markets just wreck your head - be prepared for that!
This is an interesting chart from @ChartsBTC listing the four different Epochs. We are approaching the end of the fourth right now, and it has been approximately fifteen years since Bitcoin was launched. This Epoch began in May 2020, two months after COVID hit, and the price of Bitcoin was $8,572.
This is important.
The only dip that happened after the Halving was from $8,572 to $8,535, which was a 0.41% dip.
Stories are flying around Twitter of people who have been in crypto since 2017 and have built up a million-dollar bag and it disappeared yesterday. Be careful with leverage!
Currently, the whales are hunting for the leveraged longs and wrecking them. Only a small portion (10-20%) of your bag should be in speculation in these turbulent market conditions.
This is probably crazy talk for April but
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