So we've got bitcoin taking a huge dump in the middle of what everyone thinks is a bull run. If we take the stance that the market's job is to make the most people look stupid most of the time, then we can expect quite a significant dump this December, especially if the crypto gods plan on giving us a Merry Crypto Christmas.

Before the mania in December 2017 that pushed bitcoin to its previous all time highs, there was no dump. Well, there was, but it was in November. But here's the thing — we really have a brutal fall coming sometime in the future. The 20-day MA on the monthly chart is still hanging out around $14k. This is a foreboding sign that no one is talking about. Everybody is saying that we will get the bull before any pullback, which makes me leery. 95% of these idiots don't know what they are talking about.

Will we get an atomic dump before BTC $20k? I'm prepared for it with plenty of cash on the side to snatch up crypto related stocks and crypto. I just hate the fact that I have to watch my collateralization rate on my defi bank, though. That's annoying. But I want to hold altcoins in case we get a winner in there as well.

I coin jump even as prices are going down, because the market really moves as a whole. If it loses value versus the dollar, it really means nothing. I take advantage of the differences in percentage drops. For instance, if coin A drops 5% and coin B drops 20%, move some of coin A into B. You end up with more coins that will give you money when the market comes back.

Be prepared for a drop that is larger than you think bitcoin could go. The most important preparation is mental. As long as you understand that BTC could hit $13k at any time (falling under the 20-day MA on the monthly), and quickly, you'll be ok.

Merry Christmas.