We don’t know whether it will go up or down from here. What we do know? There is an extremely high degree of fear right now. That means buy. Simple.

Doesn’t mean it can’t go lower from here. It very well may. But we have no way of knowing and it’s pointless to wonder. What matters is we just witnessed a true Black Swan event and fear is as high as I’ve seen in my time in crypto. Based on the rules of investing, that simply means buy. Don’t overthink it. Don’t get too greedy, you might miss the opportunity completely. At least you gotta put a portion of your cash in now.

If anything, this whole episode has demonstrated Bitcoin’s value more than ever. It’s the exact same product it was 6 months ago and 12 months ago. Would you rather have bought 6 months ago, or today? This is a good entry price based on every conventional investment rule of thumb.

Buy the fear, folks.