Bitcoin Crashes Below $30,000

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In this video, I discuss the context for Bitcoin's crash below $30,000.

It's important to remember that Bitcoin is a free market:

--No circuit breakers
--No lock limit down
--No Fed emergency meeting

Bitcoin's price volatility is similar to the volatility of the price of gold during the Weimar Republic.

Meanwhile, hodling is hard. Make sure that you know what you own, and that you've done your own research. Don't keep checking the Bitcoin price every 5 minutes, especially if your holding period is 10 years.

Not investment advice! Consult a financial advisor.

Plan B stock to flow chart:
https://twitter.com/100trillionUSD/status/1417040781660114948/photo/1

Plan B on-chain model:
https://twitter.com/100trillionUSD/status/1410933951741501442
https://twitter.com/100trillionUSD/status/1406577006230245376

Volatility of gold during the Weimar Republic:
https://assets.realclear.com/files/2019/05/1283_Myrmikan.pdf

How US government debt is being debased:
https://twitter.com/DTAPCAP/status/1416985392394510337/photo/1

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https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Crash
#Cryptocurrency

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