I’m sure this is a highly anticipated episode of Crypto Corner, especially after the correction that we are seeing across all markets.
Crypto is more volatile than stocks so it usually goes up more in good times and down more in bad times. That’s fine by me as I make much more money long term, but it can be hard to stomach this kind of volatility if you are new to crypto.
In today’s episode, I explain why we don’t need to get too carried away with the current market action and, in fact, I see receding inflation and rate cuts as tailwinds for long duration assets like crypto in the months ahead. The most similar situation I think is March 2020, which was quite a good time to buy crypto.
In this episode, we look at:
- What’s driving the markets
- The macroeconomic picture and how it improves
- When I might buy the dip
- Long term targets for BTC and ETH
See you over on the Facebook group,
Michael
Crypto Traders’ Academy
