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Thereβs no point anticipating a fall if you donβt take advantage of it.
So while $BTC was struggling below $53,000 we loaded up aggressively on 5 new coins (pictured) at 5% apiece. Taking our exposure from 50% to 75% in one fell swoop.
Pleased to say theyβre all showing early profits, but obviously weβre not out of the woods just yet.
Weβll wait and see where the Risk Score settles tomorrow to determine whether or not we continue buying.
As for the blood-letting in the market, Iβve always forecasted a low in the βfortiesβ. Thatβs obviously a broad range, but in the event that Iβm right, it means thereβs a limit to how far it falls.
As with all financial markets, psychology plays an enormous part. If previous cycles are anything to go by, itβs those who hold their nerve when times are most challenging, who end up walking away with the prize.
So I need you all to continue keeping the faith. While weβre showing early gains on todayβs purchases, you and I know they could all get wiped away in the blink of an eye.
As I mentioned in last nightβs post, we may have to endure yet more early losses until we get through to the other side of this correction.
Keep in mind that October is usually a positive month for crypto, and has always been our target month to prepare for the upswing.
And best of all - itβs less than 2 months away.
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