Going once...going twice...going...well the guest post will be the third time???
That's the big, big question with Bitcoin dropping -54% from its all-time high to $30K.
These are unbelievable times and who is to say that the revolutionary currency won't suddenly rise to all-time highs, as it did twice this year?
As it stands, the markets are in free fall and literally teeming with incredible business investment opportunities as fear and FOMO continue to reign!
CRYPTO NEWS
Why is Bitcoin's dramatic drop so massive? Well, you can find out in the latest trading of the week for in-depth analysis - but in short, this time the Bitcoin crash was actually caused by TERRA LUNA.
As you know, the Terra Luna stablecoin has recently been pegged to the US dollar - i.e. 1 stablecoin = $1. But what happens when you don't have enough cash reserves? you are not connected!
The important thing here is that Terra Luna sold all of her Bitcoin stakes to be rebranded!
Fabulous!
Then everything fell like dominoes!
This means that for investors there are some attractive offers available right now, not just with Terra Luna, but also with Ethereum, CRYPTO.COM, AVAX, MATIC, HEDRA HASHGRAPH, and ENJINCOIN, all down -82%! The rest ranges between -50% and -75%.
But it wasn't the only surprise this week... SOLANA found itself in the midst of a 7-hour storm of investors. Let's say it has to do with 4 million transactions per second!
As shocking as this was, it's part of the cryptocurrency evolution - so don't panic!
What's Next?
Ah yes... With haute couture house Gucci now accepting several cryptocurrencies as payment, including the infamous “joke” coin, our founder Marcus was left considering giving up and buying “some damn things!”
Can you guess which one?!
Buffalo
We've been short and long - but there's a reason for that, it's called hedging and we think you should always hedge.
And the shortcoming when the markets go down is when we make our money, as we will with TMCI, AIRBNB, MBI, TWI, and MTDR, all locked to a guaranteed profit.
Market News
As mentioned earlier, there is still intense fear in the markets, bearish moves in major indices, US30, US 100 - US30 It was Black Thursday, down nearly 1,000 points to 2%, Nasdaq down 5%, the biggest moves since 2020 and the start of a pandemic.
Because? Inflation, rising interest rates, the war in Ukraine, and the Covid lockdown in China all combine to create fear.
The US30 really dictates where the market is headed because it is the 30 largest companies in the United States. When the US30 drops, it means the big Blue Chip companies are taking a hit. When the US30 drops below 30,000, Blue Chips can drop even more... All this is great, of course, for our VCA opportunities!
But, as always... Attention! If the market goes down, don't worry, our strategies are there to buy when the market goes down and sell when the market goes up.
It seems easy to do - but it's not easy because you get the feeling when it comes to money.
That's why we never look at money, we always look at percentages.
And speaking of BLUE CHIPS...more great news These are great times to buy into some of the big name companies, some of which are down -20% to -30%.
Names to tempt you - Costco, Beyond Meat, ADOBE...and wait...until Amazon!!
Down -36%
Have you heard about this before? number! It's very good...and we made good profits with JOHNSON & JOHNSON and ACTIVISION from our VCA.
Results
Stock market:
- Buffalo: +56.5% in total portfolio (+3%)
- VCA: +1,025% on funds invested (+30%)
Cryptocurrency market:
- CCA: +1,510% on funds invested
- Small capital: 4,320% on the money invested