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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Justin 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. Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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