Fear is Ripping Through the Market – Here’s How to Play It

Fear, uncertainty and doubt. The market is full of it right now. 

Between the threat of World War III, higher oil prices, sticky inflation and rising interest rates… The market is taking on a gloomy tone. 

The Nasdaq and the S&P 500 are down 5% and 4% from their respective highs. Even bitcoin is down 10% from its March 13th high of $73,700. 

In times like these, it’s easy to tune out and stop paying attention. But it’s also times like these when real bargains can emerge.

To be clear, I don’t think the market volatility is over. 

That doesn’t mean it’s time to sell stocks and crypto. It means it’s time to build your shopping list. We’re still in a bull market. And in a bull market you’ll frequently get sharp, scary pullbacks.

Just take a look at 2023. 

In that year, we saw stocks swoon lower in March only to rally 20% through July. We had another shot to buy stocks on the cheap in November when they dropped 11% only to see them rally 28% over the next five months. 

Friends, it bears repeating: We’re in a bull market. And in a bull market, if you are a trader, you buy the dips and sell the rips. That’s true if you’re trading the Nasdaq, the S&P 500 or bitcoin.

I recently wrote an article on how to play this recent volatility in bitcoin. In that article, I suggested you could get long on a partial position at $62,000. Since then, we’ve seen bitcoin hit $59,000 and change… Then rally back to as high as $67,000.

Was that the bottom of the down move? I don’t know. 

The great thing is I don’t need to know because I know the most important thing there is to know. What is that you ask?