Thread by @JackNiewold

COVID trades have been the most profitable crypto buying opportunities of the last few years.

Here's how to make money by sniping the COVID dumps: 👇

(THREAD)

Let's go back to real beginning of the pandemic in March 2020.

While $BTC had been trending down for the last 8 months, it dumped over 40% on the same day that the SP500 tanked: March 11th.

This is 'The Day Everything Changed'

If you would've had the foresight to BUY on March 11th, your investment would've returned nearly 12x by today.

But you didn't.

The next COVID news that affected BTC came around vaccine hype and rumors.

Concerns around the Astra Zeneca vax lead to a 15% drop on November 26th (exactly one year ago).

Where did $BTC end up? Around 16k. If you would've bought then, you'd be up nearly 4x by now.

Here's spring/summer 2021, where crypto entered a brief bear market.

That last red candle in that circle, July 20th, the SP500 wicked down to test the 50-day moving average on the same day. It held, but the reason it dropped?

Concerns around a second wave propagated by the delta variant. If you would've bought then you'd be up 2x.

Sep 7 2021?

A 20% dip related to COVID unemployment benefits expiring. That trade would have had you up 60% in 60 days.

That takes us today: here's a look at the graph since March 11th, 2020:

You can barely even see the 40% drop.

The moral of the story:

https://twitter.com/JackNiewold/status/1464290930148753408?s=20

Here's my final graph I'll leave you with:
Blue: SP500
Light blue: $BTC
Yellow: Mid/Large Cap alts
Orange: $ETH

And you're SELLING, anon?

Like this thread? Go do me a favor and hit like on that first tweet 👇

https://twitter.com/JackNiewold/status/1464316975526690821?s=20