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The Real Reason You Lost Money in Crypto (It’s Not Your Fault)
Something strange has been happening in the crypto market. Here’s what I found.
I’ve been covering crypto since 2016, when I recommended bitcoin at around $400-and-change and Ethereum at $9.
I’ve lived through the 2018 Crypto Winter, the 2020 COVID crash, and the 2022 FTX implosion. I know what a brutal crypto cycle looks like.
What I’ve been watching for the past two years is something different.
Every time bitcoin starts gaining traction, it immediately pulls back. Every time bitcoin spikes, it reverses within days.
Bitcoin hit a record high of $126,000 last year, and instead of the euphoria that followed every previous cycle, the price dropped the moment it touched new territory. There was no momentum or follow-through. The ceiling just kept resetting lower.
The pattern hasn’t stopped. As recently as May 2026, we saw the same thing happen. Bitcoin hit $82,000 to only get slammed lower to $60,000 in just 10 trading days on no news.
Even for bitcoin that type of volatility is strange. And as bitcoin goes, so do the altcoins.
If you’ve been losing money in crypto over the past two years, it’s not because you’re doing something wrong.
What I’m about to walk you through will show you exactly why. It’s going to explain all of the frustration you’ve been carrying.
The First Sign Something Was Wrong