Hello everyone,
As most of you know by now, it’s been hard to make money in crypto recently.
Every day, we hear of big institutions or investors collapsing under the weight of leverage.
Three Arrows Capital (3AC) - which at their peak had $18 billion under management - Celcius, BlockFi and even Roger Ver, one of the earliest voices for crypto - all face possibly liquidation and bankruptcy.
It looks like bitcoin has stabilised around the $20K mark for now - but the truth is that it could still go a lot lower before it goes higher.
No one has a crystal ball.
But what we do know is that a lot of good projects are on sale. When crypto recovers, those will be included in the winners. And they’ll come back stronger than ever.
Frankly, outside of Bitcoin and ETH - picking those winners is really hard.
But in the last Moonshot Alert, I mentioned opportunities I’d be willing to start taking a swing at.
Some of these are becoming increasingly interesting buys. Today is such opportunity.