Market Update

This week is a perfect example of why taking profits on Micro Caps once they double is a great idea. Nobody knows where we are heading in the short term and this is especially true with micro caps. I am letting my micro caps ride. I’ve already taken my initial investment out of most and now anything that I make is icing on the cake. I know many of you have already taken your initial investment out and all I can say is a massive congratulations. You just did better than most in crypto in this environment. 

We now have BlackRock and others buying up dips. We just had a mysterious wallet that became the 3rd largest Bitcoin holder in just 3 months come about… Which people have “claimed” to have solved. Here is the article: https://cointelegraph.com/news/bitcoin-whale-wallet-becomes-third-largest-holder-three-months

I am not worried in the least about this market. However patience is required. In my opinion, these are some of the hardest times to hold onto positions due to the amount of uncertainty which is saturating the markets. These times also present a great time to accumulate. Especially Bitcoin and Ethereum. 

I am looking forward to the halving event. Many dismiss this event as being irrelevant nowadays… BUT I am not in that camp. Bitcoin slashing its emission rate is VERY BULLISH. Look no further than a decade long chart on Bitcoin. 

Toby