Crypto Correction! Hurrah!

by Juan Villaverde
By Juan Villaverde

Three weeks ago, when Bitcoin (BTC, Tech/Adoption Grade “B+”) was surging to new highs for the year, Weiss Ratings Founder Dr. Martin Weiss — along with many of my Weiss Crypto Portfolio Members — asked …

“Is it now time to back up the truck and load up?”

My answer: “No!”

My reasoning: At the time, we were near an 80-day-cycle high, and that’s not the time to buy more Bitcoin.

The best time to load up would be at the other side of that cycle — near the 80-day low, not expected until the second half of March.

And I predicted a typical market correction would come between those two levels.

And that’s exactly what’s happened: Bitcoin and other cryptos have suffered a typical market correction.

But it wasn’t the first time I was able to understand how the crypto market would move. Step back in time, and you’ll see what I mean …

Big bottom No. 1. About four years ago, I called the big, 320-day cycle bottom in the crypto market, practically to the day. And to my knowledge, I was the only one.

Investors who bought Bitcoin on the day of my announcement could have seen it surge 20.1x — enough to turn a $10,000 investment into $200,832.

With an investment in the No. 2 crypto by market cap, Ethereum (ETH, Tech/Adoption Grade “B”), at the same time, they could have seen $10,000 grow to $545,760.

That’s more than 54x their money.

A $10,000 investment in Cardano (ADA, Tech/Adoption Grade “B”), also among our top-rated coins, could have grown to $1,020,648, or a 102-fold increase.

And Chainlink (LINK, Tech/Adoption Grade “B”) beat them all. Investors could have seen a $10,000 initial investment grow to $2,338,746, or nearly 234x their money.

Even if an investor booked a small fraction of those gains, it could have been life-changing.

Big bottom No. 2. About two months ago, I announced a similar big bottom.

And sure enough, from their cyclical lows to their recent highs, I’ve found four cryptos that have surged by more than 300%.

One skyrocketed 887%! That alone would have been enough to turn $10,000 into $897,200 in just 78 days.

By the way, these are not flimsy, fly-by-night cryptos. All are among a group of 38 select cryptos that passed our basic tests for technology, adoption and liquidity.

Moreover, every single one of the 38 rose pretty sharply from their lows … with an average gain of 158% overall.

All of this raises four urgent questions for investors:

1. Is the latest correction in the market opening up a second chance to buy at still-low prices?

2. In this new bull market, will it again be possible to see gains like 20x, 54x, 102x and 234x?

3. Relatively newer coins like Cardano and Chainlink were clearly among the biggest winners in the last cycle. What about the new cycle that has just begun? Will they again be among the leaders?

4. If not, which coins will be the leaders this time around?

For the answers, be sure to watch my timely video conference.

We’ll be taking it offline on Thursday, so don’t miss out!

Best,

Juan Villaverde

About the Editor

When econometrician and pro trader Juan M. Villaverde first applied his algorithms to Bitcoin years ago, he discovered a regular cyclical pattern. And he has since used it to build the world’s first crypto timing model based on cycles. Thanks to his analysis, the Weiss Ratings team has accurately picked the top and bottom of major crypto booms and busts.

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ETH $2,987.45
B
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MKR $3,133.88
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SOL $132.63
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ZRX $0.509607
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AAVE $83.66
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MATIC $0.672994
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XLM $0.108238
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ADA $0.448837
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CVC $0.162648
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CRO $0.122235
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