This week, the crypto market went full Mike Tyson.

Over $1.5 billion in longs got uppercut into oblivion.

Four. Hundred. Thousand.

That’s how many traders’ positions were just vaporized in hours.

Panic sellers got crushed. Diamond hands got crushed. Even the careful hedgers got crushed. 

Sometimes crypto doesn’t discriminate—it humiliates everyone.

But here’s the truth: Shakeouts like this one never happen at the top or the bottom.

They happen on the climb.

At the top, you see spot selling, ETF outflows, panic from the big money. That’s not what I’m seeing.

Here, ETFs keep taking in boatloads of cash. Stablecoin supply is staying strong.

Some say this is the end of the party. We say this is the bouncer clearing out the day drunks.

More importantly…

Shakeouts like this one try to scare you out of the market. To make you imagine being homeless. To make you sell your coins at a discount.

And it’s nothing new.

History’s Favorite Trick

2017: Bitcoin dropped 30–40% again and again—on the way up.

I remember people swearing off crypto forever. Some never came back.

The ones who stayed? They rode it to $20,000.

2021: A 53% nuke in May. Half the market was gone overnight.

Six months later? $69,000 Bitcoin.

This is the playbook. The algorithm. The rinse-and-repeat humiliation cycle.

And right now, we’re in it again.

So What Are James and I Doing?

Here’s what James and I are doing with our crypto portfolios:

Nothing. Nada. Zilch.

No panic selling. No hours lost sleeping. No late-night stress-eating.

Why?

Because crypto isn’t speculation anymore. It’s infrastructure.

• Stablecoins now move more money than Visa.

• BlackRock is in the pool.

• Fidelity is in the hot tub.

• The rails are being laid, and they don’t go backwards.

All we’re seeing right now is a reset of leverage.

A shakeout that takes coins from tourists and hands them to residents. And they’re always brutal, because that’s the point.

The Truth About Crypto

The crypto market is a psychological torture chamber.

It tests your patience, your ego, your ability to sit on your hands while the world screams at you to do something—anything.

But sometimes the smartest action is inaction.

Especially when the rails are already being laid for a trillion-dollar future.

Especially then.