Bitcoin & Crypto Crash Explained

If you haven’t realized your losses, don’t sweat it. Leave it alone. It always bounces back.

Sentiment can always get worse, and stay there for a long time. This isn’t just a post pandemic correction, this is a correction to the pre-pandemic stimulus and low interest rates induced 10 year bull market. Unfortunately, I feel we need more pain for the markets to regain health. Long term, mid term, and short term charts look very, very, very bad.

LOL! good luck! Most of these projects will be gone by the end of this

False sense of security. The economy is going to tank with high fed rates and more rate hikes to come

Lark, we’re betting against the great reset. If they get their great reset none of this matters. Love the videos please keep them coming.

Indeed not a prediction, but, in general, the longer an asset is suppressed, the larger the boom when the suppression finally fails.

Yes, and Raoul Pal.

I’m just dollar cost averaging and sticking to Bitcoin, Ethereum, and Cardano. Sticking to my big 3 that I know are not going anywhere.

Especially Celcius customers!

Don’t try to time the bottom, just stick to your DCA plan. Could go down, sideways up, who knows. Make a plan for buying more or less based on price thresholds.

First off Thank you Lark. You are a good person. Been following you since May 2020. I just bought the high 17K mark last week. Felt good buying there as my first entry in awhile. Definitely will be watching and nibbling throughout this year. This gives us all a chance to refresh our crypto goals, so if you wanted to be whole bitcoiner, this gives you that chance to do so. As you mature in crypto so should your goals.

Same here

I agree, the markets need to go through some short/medium term pain in order to maintain their long term health.

Thanks Lark! Seems like the color balance on your videos is back to normal – don’t know whether you adjusted something or I have been just talking BS in the comments of recent videos. I am focusing on defense right now – going to take things (like USDC) off lending platforms if I can before they stop withdrawals. Did buy a little BTC at $19.2K on Saturday. Will probably continue to nibble at BTC when I can afford to, but just holding on everything else (ETH, AVAX, FTM, DOT, LINK, COTI, IMX, SUPER) which are all substantially under water. Reassessing which alts, if any, to put more money into.

Smart

Thanks for the great content as always. To answer your question, I’ve been buying a small amount of BTC ETH and Matic everyday and don’t plan on stopping.

Why would you stop dca’ing as the price tanks? Thats how your previous DCA averages out to a lower entry point.

In the past that is. General global markets have been artificially inflated over the last 10+ years. This time is very different. imho

Surely this is the economic collapse? Maybe not? I’m just a rookie but this feels pretty drastic to me???