This week we’ve seen some volatility with bitcoin prices dropping from $28,000 down to $26,000, and it happened quite quickly.

If you’re a new investor into Innovation and Disruptive Industries, you might be concerned, which is why I have produced this Special Report to help ease any anxiety for new members.

SPI-Club is about education, some speculation, but more about strategy.

What is Going on With Bitcoin?

When dumb people do dumb things, dumb things happen to them.  What I mean by this is, there are an enormous contingent of people in the bitcoin and crypto markets that employ out-of-control leverage for quick gains.

So, if you’re smart, or gathering experience and information as a SPI-Club Member, and you see these enormous leverage trades getting put on the long side on bitcoin, which is happening right now, you will see massive leverage being built up.

Smart savvy players observe that the innovative, disruptive equity markets are weak in some sectors, and Bitcoin hasn’t broken above $30,000 for a while, and this seems to be a line of resistance.

According to one report, I have no confirmation it’s true, 40,000 bitcoins have been sold. This has caused billion dollars in losses, over 175,000 individual traders who got liquidated over the past 24 hours.

This is the way trading works versus investing, however, we are investors with intergenerational portfolios, not traders, who are akin to gamblers.

If you’re a smart trader and you see there are a bunch of leverage longs that are getting liquidated, do you go in there and just aggressively buy their liquidations?  No, the smart traders step back and let the liquidations hit the market, and then go in and start buying on the cheap.

Putting Opportunistic Capital to Work

This is what I mean when I say look after your liquidity and in uncertain times use long term liquidity for opportunistic opportunities, or sell high in your portfolio and invest low in the market. This is when you put opportunistic capital to work. Bitcoin at $26,000 is one of those times.

If you don’t have the aforementioned opportunity, then don’t worry about it. This is just another day in Innovation and Disruption, and especially Crypto.

So, if you’re concerned looking at the price of bitcoin, just don’t look at it as on any given day, we can wake up and bitcoin can be up 50% or down 50%, the same with Innovative Equities and you should not buy any asset that you are not prepared to invest further if it declines significantly. I refer you to my Communication on “The Power of Compounding”, dated  28/06/2023 in the members area.

What I want you to focus on is the larger picture of adoption, and that picture hasn’t changed.

I would not be concerned if bitcoin goes to $20,000 tomorrow or $40,000 tomorrow. The bigger picture is that we’re going to be trading for hundreds of thousands of dollars per bitcoin in the future as we start seeing more people come in. I bought my first Bitcoin at around $42K and it is safely tucked away in my wallet.

One of the rules of SPI-Club Membership is “you have not made or lost any money unless you are in cash, and if you have too much money in cash you are GUARANTEED to lose value”.  Cash is for liquidity only, so you can stay in the markets when they become volatile.

Volatile markets is where the biggest potential gains are laid down.

Don’t get overly upset when we’re down and don’t get overly pumped up when we’re up. Understand that if you’re new to Innovation and disruption, pancaking over temporary values will do everything in its power to try to make you look foolish, you are not, as this where the well-informed savvy money is.

Volatile markets will try to get you to buy up the highs and it’ll try to get you to sell up the lows, and it will try to do that to you constantly. It’s just the nature of any asset that can change your life the way that this type of asset can, and the way that other assets have before, such as Amazon, Apple, Microsoft, Google, Tesla, or Facebook to name just a few.

All these stocks have had massive volatility in the past where they do their best to make everybody look foolish, and then they just rip higher as they gain traction in their market on route to the holy grail of “Mass Market Adoption”.

Facebook/Meta is a prime more recent example going from $300 down to $90 last year, and then back above $300 this year. It’s the nature of these types of assets to have this level of volatility.

Facebook/Meta is up 51.42% Year To Date (YTD)

So regardless of what happensover the next couple days, weeks, or months, whether Crypto Asset values increase again or get worse, just take a step back, buy more or ride it out. Don’t look at the prices right now and stay focused on your lifetime strategy.

I wrote a News Bulletin that was published on the 14th of June this year entitled, “Is there Value in Rarity” helping members understand the opportunities of a Bitcoin Halving event that is due in 2024.  If you need a confidence boost, I suggest you revisit it in the members area.

A big plus for Bitcoin in particular and the Crypto Universe is several prominent Fund Houses, Blackrock, Bitwise, VanEck, Wisdom Tree, Fidelity, Invesco, Grayscale and Ark Invest are applying to the US SEC for a Spot Bitcoin ETF.

Whether Gary Gensler, the former Goldman Sachs Investment Banker, who serves as the chair to the US Securities and Exchange Commission (SEC) likes it or not, the forces are stacked against him, and the forces for continued adoption of bitcoin are strong.

On any given day, the price of bitcoin can do anything, but time and strategy heals all in the Innovative Disruptive space. This is the same message I’ve been saying since launching Stein Private Investors Club.

The mantra remains the same. We’re still incredibly early with digital assets and I have reported many times on The Paperless Society and recently the threat of Central Bank Digital Currencies.

I invest a lot of money to remain on the cutting edge of what is moving and shaking the world and do all the heavy lifting of research and analytics to deliver a “Done for You” service, all you need to do is follow the guidelines and allow time to take you forward to a future fortune.

In closing the Special Report, only my second, I want to give you noticed of some additional significant changes and improvements are being planned for SPI-Club members that will be announced soon.  This will be reported hopefully by the end of next week.

Best regards

 

Stuart Langan

SPI-Club Founder