In 2017 the price of bitcoin went up about 2,000%…
Recently it's crashed hard, which has caught a lot of investors and traders off guard.
In this episode, I'm going to show you how the cryptocurrency markets go through 5 major market cycles over and over again.
You'll also learn:
- Why Bitcoin's price recently crashed – and what I think is going to happen next
- How to use the 5 major cryptocurrency market cycles to time your trades and investments
- Why most “buy and hope” investors lose money
- What causes financial markets to go into bubbles?
- How the media encourages people to make losing trades
- Are cryptocurrencies in a bubble and does it matter long-term?
Resources mentioned:
- My upcoming cryptocurrency risk management master class
- CoinMarketCap.com
- Coinigy – charting platform