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The Everything Jitters

The Everything Jitters

Chris Campbell

Posted March 11, 2025

Chris Campbell

Crypto is crashing. Again.

Cue the doom-laden headlines, the Wall Street analysts pretending they saw this coming “from a mile away”…

And your cousin who “always knew this was a scam” but conveniently forgot he was bullish on dog coins last year.

Yes, Bitcoin is down. Yes, altcoins are bleeding.

Yes, the guy on Twitter with laser eyes in his profile picture is having an existential crisis.

But let’s zoom out.

Every time this happens, we have two groups of people:

  1. The ones who panic, sell at the bottom, swear off crypto forever, and then buy back in at the next all-time high like clockwork.
  2. The ones who rub their hands together, mutter “thank you,” and quietly accumulate at fire-sale prices.

Let’s talk about why I’m the second group.

The Everything Jitters

It’s not just crypto. Everything is jittery. The stock market is freaking out. The bond market is freaking out. Somewhere, a hedge fund manager is crying into his glass of Macallan 18.

And yet…

The fundamentals of crypto have never been stronger.

While everyone stares at red charts, the Office of the Comptroller of the Currency just reversed its stance on banks interacting with crypto. (That’s like the Vatican not only admitting Galileo was right but also announcing a space program to colonize Mars.)

Meanwhile, the SEC just quietly dropped lawsuits against Coinbase, Kraken, and Uniswap.

The Senate just shot down the IRS’s attempt to force DeFi protocols to collect Social Security numbers. Imagine trying to make a vending machine check your ID before dispensing a Snickers bar.

A year ago, crypto looked like it was gearing up for an extinction-level event. Now? It’s eerily quiet.

Oh, and did I mention that the White House just held a crypto summit?

When Everyone is Screaming

Let’s talk about market psychology. Right now, people are buying put options (bets that the market will keep crashing) at record highs.

You know when put options were also at record highs?

  • August 2015. Bitcoin went up 87x
  • March 2020. Bitcoin went up 10x
  • November 2022. Bitcoin went up 5x

You see the pattern? When everyone bets against the market, the market tends to do the opposite.

Which brings us to today.

The dollar just had a four standard deviation move downward. That’s market nerd speak for “this almost never happens.”

The last few times it did, Bitcoin took off like a rocket strapped to Elon Musk’s personal ambitions.

Crypto Always Dies

The market could drop another 10%, 15%, even 20%. It could also bounce tomorrow and never look back. You will never time this perfectly. But history shows that if you wait until the fear subsides, you’ll have missed the best opportunities.

Here’s a stat to burn into your brain: In any given year, Bitcoin’s biggest gains come from just 10 days. Miss those, and you miss the majority of the upside.

Every time crypto crashes, people say it’s dead. Every time, it comes roaring back.

  • 2013 crash? Dead.
  • 2017 crash? Dead.
  • 2020 crash? Dead.
  • 2022 crash? Dead.

And yet, here we are. Bitcoin is still here. The altcoin market is still here. And the ones who ignored the fear and kept buying are the ones who ended up with life-changing gains.

So, do what you will.

But if you’re looking for 10x, 100x, maybe even 1000x opportunities, you won’t find them when everything is euphoric.

You find them when people are panicking.

Now is that time.

See you on the other side.

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