Crypto Just Took A Sh*t.

Crypto bros are freaking out this morning. The market just took a massive hit.

Don’t cry.

Here are a few things worth noticing:

1. BTC Price Volatility

BTC hit an ATH last month at $68k. It’s now down in the mid/high-40’s. This is still up nearly 2.5X on the year (Jan was $19k). It may dip more. Maintain perspective. What other assets are doing these numbers?

Source: CoinMarketCap

2. ETH and Big Cap Alt Volatility

Most of the big cap ALTs are still doing fairly well, all things considered. ETH stayed pretty solid IMO. Let’s not forget it was $500-600 in Dec ’20. Don’t freak out about it being $4k (down from $4.8k ATH) now. Crazy gains.

Source: CoinMarketCap

3. Volatility vs Risk

Remember the difference between risk and volatility. What we are seeing now is the extreme volatility of crypto. This is part of the game. That’s why it is a marathon, not a sprint. Where is the capital going long term? Do you see the dollar being a truly safer bet? I don’t.

This chart shows the buying power of the US dollar over time since we left the gold standard in 1971, factoring in inflation. $1 in 1971 is the equivalent of $6.83 today.


4. Follow The Money

The biggest companies in the world are becoming blockchain companies (FB to Meta, Square to Block). The day-to-day is scary but if you believe in the future that these billionaires do, the industry will be fine. Follow the money.

5. Buy The Dip

5.) This is actually a good time to get in if you’ve been sitting on the sidelines. It’s not tolerable for things to keep going up and up indefinitely without dipping.

This is still a growing asset class. We need corrections. Buy the dip if you can. Only invest what you can afford to lose.


If you’re in this game for the long haul like me, I recommend you get skilled up and learn about the industry.

The New Wave Workshop is a great opportunity to do that. Keep reading below for details!

Click to buy your ticket

The New Wave Workshop: December 17 & 18 via Zoom

Stop sitting on the sidelines of the revolution.

Go deep on the fundamental changes and incredible opportunities happening in Web3.0, blockchain and crypto.

I highly recommend you attend The New Wave Workshop. What’s that, you ask?                                                               

In a nutshell:

  • It’s a 2-day workshop designed to teach you all the fundamentals of crypto, blockchain and web3 tech.

  • I’m bringing in several incredible instructors to share everything they know with you.

  • If you can’t make it live, you’ll get the recordings afterward.

  • It includes access to our private New Wave Discord community for you to ask questions and learn together.


  • Dates: Friday, December 17th and Saturday, December 18th

  • Times: 10am PST – 3pm PST (both days)

  • Location: ZOOM (link will be sent prior to start)

  • All live sessions will be recorded for you to watch later or if you can’t make it

  • Tickets are $297

What we’re going to cover:

  • Web3.0 and Blockchain technology: how to find your place on the new digital frontier

  • Cryptocurrency: the how’s, why’s and what’s of investing (including step-by-step guidance)

  • NFTs: why they matter, what types of projects to look for and how to purchase them

  • DeFi: the philosophy and strategy behind becoming your own cryptobank

  • Much more

We are all creators, but it’s easy to lose touch with that ability in our daily lives.

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