Can you still make money in a down crypto market?

Scott Lewis
ATNTradingCo
Published in
1 min readJun 13, 2018

Crypto-Twitter is a strange place. You’ve got your cockeyed optimists. You’ve got your doomsday sayers. You’ve got your TA folks charging you $50k to get their special reports. And you’re got your free TA folks that are seemingly drawing lines where ever they want on a graph.

I may sound cynical, but the reality is that I read it all because I, like everyone else, have no idea what this market will do.

One thing I am confident in is that the markets will go up and down. Seven days ago BTC opened at $7,612.51 and it closed last night at $6,544.99. This represents a 14% loss in market value.

If you’ve read anything else I’ve written, you know that I believe the strongest crypto strategy is to invest in the top coins, to buy ICO’s you believe in, and to invest in technologies that are revenue generating.

I have the bulk of my revenue generating investment in ATN. As a managing partner I need to “eat my own dog food.”

All that said, despite the fact the BTC market lost 14% in total value, my ATN account produced a healthy 0.243% for the week (12.6% annualized). I’ve used the USD generated by ATN to buy crypto at the bottom — at least I hope this is bottom.

Keep buying the dips — i will be.

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