With a drastic drop to $25,000 CD. Bitcoin is like a roller coaster. Inflation surges 9.1% in June, most since November 1981 and people don’t have a clue if their Bitcoin price will go up or down. I believe is time to stop taking risk and go back to the fundamentals of investment.  

Last Year it was a crazy year in crypto. Free money flowing in the markets and projects that had no future were making every one rich.  People buying crazy chit like Lambos and Gold meat for dinner. All to show friends and post their Vida Loca on Instagram for the world to see.  Now the same people are crying and living La Vida broke.  

Invest in projects that you believe in and not what some weird guy on YouTube tells you to. Invest only what you are willing to lose. Please don’t sell your house or kids to buy Crypto, it’s dumb. Research the project you are interested in and the creators of the crypto, you might find thing that will save your life.  

I love crypto and I don’t think is too early for it. In tech Bitcoin is consider an old man and better, faster blockchains are being build, but for now Bitcoin is king. I don’t think I will be buying the dip, because with recession and inflation cash will be needed to survive. Food and shelter are very important.  

Let’s not forget that only the institutions move the markets. Most of them have left the crypto market with big gains but will be back soon to suck the money out of the retail investor. Keep your bitcoin safe in your wallet and do not trust exchanges, just look at what happened when they blocked your cryptos. Hold until you are ready to sell and learn when to get out.