Heart-Wrenching Double-Digit Drops

Written By Jason Williams

Updated January 10, 2024

Since hitting an all-time high around $68,000 back in November 2021, Bitcoin has shed about 33% of its value in just a couple of months.

But that shouldn’t really bother long-time Bitcoin investors because that’s what Bitcoin does.

Throughout its history, the coin has been one of the most volatile assets ever created…

Falling to Rise

Back in 2017, it went on a 2,083% run from around $900 all the way up close to $20,000.

Then it crashed back down to about $3,000 (plummeting nearly 85%) by the end of 2018.

From there, it had a banner year in the first half of 2019, rising about 300% to almost $12,000 per coin.

It then lost more than half its value in the latter part of the year. Then everyone got locked inside and the gamblers stepped in.

And Bitcoin shot up from around $5,000 per coin in March 2020 to over $61,000 by March 2021. That was good for another one-year gain of 1,120%!

Then sellers stepped in and the price fell from $61,000 back down to about $31,000, another gut-wrenching 50%-plus crash in the course of a few weeks.

We hit a bottom in July 2021 and the price moved mostly up until mid-November, when it hit around $64,400 and notched a 107% gain.

And that brings us to today, with the price still falling after dropping a solid 33% since that last peak.

bitcoin volatility

Just one look at that chart and you can see how volatile this trade has been. But you can also see that the trend is upward.

So, judging by past performance (which, I should note, isn’t a guarantee of future results), now might be a good time to dip a toe into the waters of the cryptocurrency market.

There’s definitely a strong chance prices will continue to fall for a while. But there’s also a historic record that says they’ll start to move back up in the near future too.

Now’s Your Chance

And if you’re just getting into the market, Bitcoin is probably a really good place to invest your money. It’s big and it’s been around the longest. It’s got the biggest following and lots of liquidity.

But if you’ve been watching the market for a while and you’ve got a little more experience under your belt and a little higher tolerance for risk, there are much better options out there for future gains.

And pretty much all of them just went through a similar correction to Bitcoin. You can see it in the value of the entire cryptocurrency market:

crypto crash eoy 2021-2022

It’s not just Bitcoin that’s been getting repriced. It’s the whole market. But like the long-term Bitcoin chart, the trend for this one is upward too:

crypto lt mkt cap to 1-2022

It rallies, then it crashes, and then it rallies even higher than before. So if you’re considering getting some crypto into your portfolio, now might be the best chance you get for a while.

And if that’s you and you want a little help sorting through the tens of thousands of cryptocurrencies out there, then I’ve got just what the doctor ordered…

The Original “Bull on Bitcoin”

You see, I happen to have the privilege… no, the honor… of working side by side with one of the earliest bulls on the cryptocurrency market.

His name is Christian DeHaemer, and he advised his investors to buy Bitcoin when it was still trading for less than $500 and Ethereum when it cost less than $100.

Even after this most recent pullback in the crypto market, those two trades are up about 8,350% and 3,400%, respectively. Imagine what you could do with gains like that?

For every $10,000 his investors put in on Ethereum, they could have netted a $340,000 profit!

And every $10,000 they bet on Bitcoin had the chance to grow into nearly $1 MILLION!

That’s life-changing money right there. That’s “pay off your house, sock some away for later, AND take a lavish vacation” money.

And that’s chump change compared with what Christian’s uncovered in a little-watched corner of the crypto market.

You see, he’s pinpointed six new cryptocurrencies that he’s convinced have even more potential than Bitcoin and Ethereum did before delivering those massive gains.

And if he’s that excited about these, we need to listen to what he has to say. Because I don’t know about you, but I’m not in the position to pass up a $1 million payday.

So as soon as he finished his research, I was bugging him to let me take a look and see what he’d found.

And after seeing what he’s uncovered and hearing his reasoning for being so bullish, I’m adamant that everyone else needs to know what Christian just shared with me.

Get Started Right Now

So I got his permission to share his research in a special presentation just for Wealth Daily members like you.

All you’ve got to do is watch the presentation (or read about the opportunity in this special report) and you’ll be ready to get invested and ride the next wave of profits right to the bank.

Just don’t wait too long to find out. You saw in those charts how fast cryptos can reverse course and soar.

You don’t want to miss out on the next rally. So get the info and get invested TODAY.

And I’ll be back next week with more ways to maximize your potential profits.

To your wealth,

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Jason Williams

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After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of Main Street Ventures, a pre-IPO investment newsletter; the founder of Future Giants, a nano cap investing service; and authors The Wealth Advisory income stock newsletter. He is also the managing editor of Wealth Daily. To learn more about Jason, click here.

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