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Issue 11 – Managing Risk With Bitcoin on the Edge

It’s been 19 days since Bitcoin tumbled 30 percent.

Since then, we’ve seen a lot of back and forth from BTC and most altcoins but no real direction.

That isn’t too surprising given the magnitude of the May selloff.

A 50% decline in 10 days is enough to cause indecision in any market.

In today’s issue, I’ll discuss where the total crypto market cap stands, as well as a potential BTC breakout.

I’ll also share my thoughts on what’s happening with the bull market. Is it over, or are cryptos taking a page from the 2013 bull run?

Let’s get it!

Managing Risk During Indecision

Anyone can make money in a bull market. Take cryptos between March 2020 and this past April as an example.

Bitcoin gained 1,600% during that period. Altcoins like Ethereum did far better at 5,000%.

Then, there are smaller alts like VeChain (VET) that rallied nearly 18,000%.

All you had to do was buy and hold to turn $1,000 into $50,000, if not more.

This is a members-only issue. Join today to get access to the full post, charts, and watch the video.

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Trading Tools & Resources

The links below are affiliate links. Meaning that at no additional cost to you, I will earn a commission if you click through and sign up.

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TraderSync - The crypto trading journal I use and trust. Enter trades manually or import from dozens of brokers/exchanges, including Bybit! Track your win rate, average return, profit factor and identify mistakes to improve your trading. 

Justin T Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight. is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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