Originally posted on 06/19/2022:

No one is saying crypto is a bad asset. But if you have 2 cents of a brain you wouldn't want to catch a falling knife. Nothing wrong with riding it up later. But until the bottom is established stay out. I see a lot of people here who bought it as a "bargain' when it was falling at 35, 30, 28, 22, 20. Guess what it's not a bargain until the bottom is formed. No one knows where the stockmarket is going. It could fall another 20% and the bitcoin could fall another 50%. Remember a few years back it fell from 22 to 3.5 and it stayed there for a while until bottom was formed and whales picked it up.