Market Update

Hey friends,

Its Toby here with another market update.

I want to point out that there should be a lot of volatility in the crypto markets especially with the Dollar Index or DXY absolutely skyrocketing. People think the dollar is going to just continue on its upward trajectory. I am not buying it. I know how much currency is being printed and that is absolutely INFLATIONARY. I’ve also said countless times that they are not going to stop printing and that this year the Fed will print more than they have ever printed before. Look no further than the $33 Trillion ++ for the national debt that happened under a week ago. Imagine what they aren’t telling you with things like “foreign aid” etc… which is currency that is being injected into the global economy.

So we need to stay aware of what is going on especially if things become really volatile. Keep in mind that the market is also pricing in another .25 basis point rise. These temporary measures are meaningless in the long run so my encouragement to you is to focus on the long run instead of short term price swings. As you know I am not concerned at all with these swings. I find them amusing but also a bit tricky when posing a trade alert and shortly after the coin drops a percent or two.

In regards to the micro caps they have done exceptionally well during that short rise of Bitcoin. I think that is just a taste of what’s to come. My focus is to get into as many solid projects as possible for the next bull market. Micro caps are a bit difficult sometimes since many of them are so new and liquidity is so low. But that is why its important that we never put much into these. There is simply no need.

In the meantime try to relax and enjoy the rest of the week.

Toby