Saturday, May 22, 2021

Crypto Carnage: Why Bitcoin Fell 40% in 1 Week — and Will Keep Falling

Published: May 22, 2021

Get the Blueprint
to Chuck's Success

It's finally happening…


Wall Street legend Chuck Hughes is revealing the never-before-seen blueprint to all of his trading success.


He's even going over how he plans to quintuple his account over the next three months! 


But the best part is Chuck wants to help other traders experience what could be the most lucrative summer of their lives…

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Roger Scott

27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders.

How to Use Options
in a Volatile Market

Best 2020 Stock Predictions

Buying put options is a great way to pocket gains when you expect a stock is going to fall.


Future of Wealth Head Trader Lance Ippolito's Weekly Blitz Alerts strategy just capitalized on weakness in American Well Corp. that helped their May 21 $12.50 puts more than double from their entry!


Puts are also an effective way to manage your risk in a position by limiting your losses to a downward move.


Of course, there's a time and place for everything.


So it might seem like the right time to buy put options is when there's a series of down days in the stock market like we had through the middle of this week…


But as Lance is about to explain, those are the exact conditions traders will pay top dollar for downside exposure.

Here's How He Plays It


WE WANT TO HEAR FROM YOU!

I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! 

Crypto Carnage: Why Bitcoin Fell 40% in 1 Week — and Will Keep Falling

Small Cap Stocks to Watch

WOOF! There's been absolute crypto carnage this week on Wall Street. Coinbase's brief online outage Wednesday morning — due to the major crypto sell-off that began last week — may have been the nail on the coffin for this frenzy.


And now, Bitcoin has erased all its gains that came when Tesla announced it bought $1.5 billion worth of the cryptocurrency and would accept it as a form of payment for its cars.


All within a matter of weeks.


The news got Joy of the Trade's Jeff Zanairi and I talking… and we ended up compiling a list of the reasons why Bitcoin will keep falling in 2021.

Get the List Here

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