When Bitcoin drops 36%, then what?

I’ve been covering the crypto space for nearly a decade. And from the beginning, I’ve always said, “This will be the most volatile investment you ever own.”

I warned you there would be mornings when you’d open your portfolio and feel like you might vomit all over your keyboard.

I told you there would be stretches when everything we own would be down 70%, 80%, even 90% – and reacting emotionally to those drops would be like getting angry at water for being wet.

That’s just the nature of this asset class. It’s the price we pay for life-changing gains.

Well, here we are again…

Since hitting an all-time high above $126,000 last month, bitcoin has traded as low as $81,000 over the past week. That’s about a 36% drawdown.

And as bitcoin goes, so do altcoins. Ethereum and Solana are down 41% and 46%, respectively. Smaller alts have gotten pushed down even more.

We’ve been here before.

If you’ve been with me for a while, I know it sounds like I’m stuck on repeat. And if you’re new, I understand if it sounds like I’m trying to sugarcoat a tough stretch.

What I can tell you is this: I have a proven track record navigating these exact periods of extreme volatility.

And every time, those who stayed calm and followed my lead came out on the other side wealthier than when they went in.

We’ve Lived This Movie Already