Signalclout #39: Swimming in a Sea of Red
Capitulations, liquidations, panic selling and more memes about buying the dip!
None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, make any investment, or participate in any particular trading strategy.
Welcome to the 39th issue of the Signalclout newsletter.
It has been quite the week for markets globally. All the new money that entered the crypto market in late 2021 is going through its initiation period of trading and holding a highly volatile asset class.
Markets are definitely in capitulation mode, and this is where most of the scared money or the money that just came for those sweet gains will be cashing out. They swear that they will never get back into crypto until they FOMO again once the markets break the next ATH.
I see these times as opportunities to add to your favourite positions for builders and investors in the space. With Blackrock announcing its intent to launch a blockchain ETF this week and a16z reloading its crypto fund to $4.5b, there is something that the smartest investors in the world are seeing. It is time to pay attention and put in the work right now.
Will be covering my thoughts on the market in this newsletter.
📉 Market Sell-offs and Capitulations
Timing perfect entries in any market is wishful thinking. One of my mentors who taught me to trade when I was just getting started in university drilled into my head