It’s no surprise that the weekend has been wild for a lot of people with the latest alt shakeout due to the wick BTC had that went down to 62k, I hope it didn’t hit the majority of people too bad and I’m not going to do one of those posts that tells you to manage your risk in hindsight as it serves no point.
However, if you’re down a specific amount of money I think the healthiest approach is believing that you can always make it back and more. If there is one thing this industry rewards, it is cockroaches that simply refuse to die and always come back. Just stay alive and don’t give up.
Now with that out of the window, let’s look at some impending opportunities that should be on your radar for potential multiples.
Bitcoin ecosystem
The Bitcoin ecosystem provides the highest opportunity for multiples in the coming weeks considering the majority of people aren’t allocated to this ecosystem as it’s new. This is the first bull market where you can directly invest in protocols and assets that are residing on Bitcoin that will directly profit from Bitcoin going up in price as it trickles down when people take profit in BTC. Similar to how ETH pairs benefit when ETH goes up in price. Considering Bitcoin most likely will lead the next rally, there is a big chance that BTC and the ecosystem plays suck liquidity from the majority of other alts so how could you get exposed?