Hey Trader,
Oh boy, did crypto traders get slaughtered...
For the first half of 2021, a bunch of cryptocurrencies shot to the moon.
Dogecoin, a half-meme of a coin, took center stage. The thing went from like $0.03/coin to almost $0.75/coin!
Alongside it were veteran cryptos like Bitcoin and Ethereum, each of which saw massive gains, along with numerous lesser-known coins.
Plenty of hype helped prices surge ever higher because everyone wanted in on the crypto craze.
But it was not to last…
Because over the span of about two days last week, major cryptos plummeted tens of percentage points, murdering anyone who got in on the hype too late.
Bitcoin went from nearly $60,000 to $30,000 in two days!
Some blame Elon Musk for the bubble bursting. Others say China banning banks and payment firms from using cryptos caused it. Still, others say it's because the US is pursuing stricter crypto regulation to stop tax dodgers.
I bet it's all these and more.
I'm no crypto whiz. But at the end of the day, I'm not too comfortable putting money into a line of code.
Maybe it's more complex than that, but I'm not smart enough to understand that techy stuff...
That's why I trade oil.
Oil is physical. Tangible. You can see it. You can use it.
Even with the EV craze, oil ain't going away. It's in too many everyday items, and plenty of gas-powered cars are still on the road.
Over several years, I've refined my passive trading system that earns more than a healthy income in the energy sector with an hour a week of work.
I've never had to touch wild markets like crypto to make big bucks.
… And you may not have to either if you trade in the energy sector like I do.
>>>Click here to watch me explain my system in more detail.
To your trading success,
| | | | Anthony Speciale Jr Editor & Chief Investment Strategist, Big Energy Profits | | | | team1@hawkeyetraders.com bigenergyprofits.com Call us: (888) 233-8598
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