Sirwin
Sirwin
How can we CASH IN on the SPRING RALLY 2021?

Tax Refund Season This Year Is Going to be a Windfall for Crypto Investors

By Red State Blues | Red State Blues | 6 Mar 2021


In years past, we can see a trend in April and May each year of price and trading volume increases as rushes of new investors, and savvy traders work the market. Spring usually sees a rally in the market, and after the chaos of last year, many Americans can expect a higher refund than usual. With the year that Bitcoin has had, it's safe to assume the Spring Rally this year, will be one for the ages. 

 

So if you happen to be a potential crypto investor with a tax refund burning a hole in your pocket, let me encourage you to sign up for some of the following apps to get you started: 

Each of these are reputable, safe, and very beginner friendly and I can personally vouch as I have tested each one. For new investors, I would highly recommend leaning into the rabbit hole. Don't invest in something you don't understand. You don't need to be an expert on everything, but at the very least, go to each project's website and understand their goals and purpose. You should invest in the major players, BTC, ETH, but don't fall into the penny trader's mindset of expecting each token to go to the moon. Decide why you are investing and choose cryptocurrencies that you believe will succeed inline with your investment or ideological goals.

BTC surges align with tax return season

BTC surges align with tax return season timing

ETH also sees a corresponding price increase over this time

ETH also sees a corresponding price increase over this time

For more experienced investors - I'm not alone in expecting the Spring Rally, and if I had a cheat sheet, I'd be a billionaire, not a blogger. I believe that Bitcoin and Ethereum will continue to rise and top their ATHs, as for the altcoins, I expect at least one to distinguish itself from the crowd and join the major cryptos going forward. In general, I expect a rising tide will lift all ships - in that the entire market will likely rise steeply starting in the next three weeks and continuing at least until early May. 

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Red State Blues
Red State Blues

Progressive Organizer and Activist in Deep Red Oklahoma - trying to make a difference one campaign at a time.


Red State Blues
Red State Blues

Writing about cryptocurrency, finance, politics, and fringe movements

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