Weekly Watchlist Update: Staying Resilient Amidst a Tough Market

Another tough overall week for the broader market while BTC still tries to sort itself out. The good news is that we are getting close to the time window starting this weekend and we can see some confirmation of a bottom soon. On the whole we are still doing quite well. I should have done a better job warning you all about the March window being more significant. After all, it was 72 weeks from the low where the March high came in. I did however, warn of a tough March many weeks in advance but that doesn’t make it easy to hold.

I know many of you may be wondering what is going on and why you might be down from the highs of your portfolio. I encourage you to go back and look through past issues if you are struggling.

Remember, this is crypto and you have to have an appetite for volatility. If you cannot stomach -25% to -50% at times you will not succeed in crypto. The market will do its best to shake you out at any turn. Often, when things start to look “the worst” is right before they turn around. This is a powerful market and the advance coming into late April will be likely be very swift and the corrections can be wiped out in a matter of days. If you have been following for the last 3 months you should still be up substantially and the thing to do is concentrate your portfolio into winners and then be patient.