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Richard Dang
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Richard Dang
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The crypto market has had a wildly volatile week. High volatility and price manipulation are always the price we have to pay when venturing into crypto investment. If you've survived and stayed in the market through this period, congratulations, you're one of the most resilient investors I've ever known. Last Thursday, Bitcoin experienced a sharp correction of over 15%, sending its price plummeting from $73,000 to $60,000. This marks the third consecutive week of Bitcoin's decline. We are clearly seeing the market preparing for the end of the wave. Some analysts are trying to find the reasons why the market is selling off: - Some believe that the sell-off in tech stocks last week strongly impacted crypto. Amazon's earnings report fell short of expectations, causing its stock to have a terrible opening session: a 11% drop in Capital capitalization, dragging down the tech stock group. Bitcoin, which Wall Street often compares to blue-chip tech stocks, also benefited from this decline. - Others analyze the crypto market as having coincidental developments. Big banks have had to implement special risk mitigation measures related to Bitcoin ETF Derivative . Investors in IBIT (BlackRock's Bitcoin ETF) have been consistently selling whenever the BTC price reached $90,000. Because the selling pressure from BlackRock was so strong and sudden, while liquidation was flowing into gold (and silver) investments, it led to the sudden sell-off last Thursday. In my opinion, everything is just unfolding according to the cycle's plan. And from my observations, this cycle is similar to 2018, about 60-70%. I wouldn't be surprised if the Bitcoin chart suddenly pulled up all its wicks, much to the astonishment of traders, leaving a question mark about the next move. During this period, I urge everyone to choose the safest option to protect their Capital before another period of significant market volatility in the middle of this year. Goldman Sachs analysts have warned that the sell-off is not yet over, and I believe this is an analysis that crypto investors should carefully consider. When the stock market plummets, when tech stocks experience strong profit-taking, that's when crypto experiences maximum pain, and last week's fifth price drop was just a test. Instead of rushing into trading at this stage, I choose to accumulate as much cash as possible before the impending financial market crash. Cash is king, and the time when the market is flooded with pain is when I will act. twitter.com/RichardDang/status...
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Richard Dang
02-06
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Read this article now if you want to successfully buy Bitcoin at the Dip this year. The crypto market at the beginning of 2026 has begun to enter the late stage of its cycle, or what we affectionately call a downtrend or bear market. - In January , the BTC adjusted by 25%. - February continued with a 25% drop, completely breaking the upward structure of the Bitcoin chart as the price broke the 75K support level. So what awaits us ahead? Rich noticed that many people are confused today, not knowing why the crypto market is dumping so heavily. The correct answer is that large amounts of money are being taken for profit: - The hype surrounding AI investment, touted by tech and investment circles throughout 2023, is gradually coming to an end and becoming an invisible fear for Wall Street. - Tech stocks are plummeting. Today saw Amazon shares drop 11%. Other names like Alphabet (Google), NVDA, and Microsoft are likely to follow suit as the May sell-off approaches. - Gold and silver have weakened amid the return of the dollar. US Treasury Secretary Scott Bessent and leading Fed Chair candidate Kevin Warsh have both expressed support for a strong dollar. A strong dollar is the enemy of gold (silver) and crypto. So when will this sell-off stop? The sell-off won't stop anytime soon, and like every crypto market cycle, there will be a major FUD ( fear, uncertainty, and doubt) wave to shake everything out in the middle of the year, followed by a dip to erode confidence at the end of the year. Rich saw the exact timing of the dip. Let's look at historical events during the downtrends of 2018 and 2022 to prepare ourselves for a bear market in 2026. The good news is we're approaching the golden opportunity to buy Bitcoin at the lowest price in the next four years. But along with the bad news for novice investors, the coming period will be quite dire because the crypto market is currently full of FUD and fear. When is the best time to buy? Rich will NOT buy until the market is past May and there is no big FUD. The most recent bear market in 2022 saw the cryptocurrency market crash caused by the 3AC fund and the FTX exchange. This year, a similar black swan event is predicted, leading to a panic sell across the entire market. Remember that we had a historically shocking October 10th caused by Binance, which has left the crypto market still struggling to recover liquidation. It's possible that some MMs have already started to break, and the consequences are silently unfolding. The recent resignation of Kyle Samani, CEO of Multicoin Capital, could be a sign of something. In the previous cycle, we had Sam Trabucco (co-CEO of Alameda Research – a subsidiary of FTX) also resigning in August 2022 (a few months before the FTX collapse). "The predicted dip in this cycle will be in the 35-45K range, occurring in November due to some event related to Trump." The best strategy for buying dips for everyone would be to Chia Capital into 6 parts and buy BTC evenly from June to December. If you find this article helpful and informative, please Chia and bookmark it, as Rich will delete this analysis after 7 days and it will only be circulated within the internal group! twitter.com/RichardDang/status...
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Richard Dang
02-05
Zama and the lesson of the wolf and the sheep. Rich is an OG Non-Fungible Token holder. He participated in the Zama content creation program on the first day and cashed out all Token on the day they were listed. Here's Rich's perspective on the Zama incident, and hopefully, you guys will learn from it! 1. Evaluating the concept of a content creator and Non-Fungible Token OG holder program. This is the brightest spot, and what Zama did best, according to Rich. They created a platform and a supportive community for the Zama team over 5 seasons. The team was quite creative in creating an alternative playground for Kaito and offering generous rewards for OG Non-Fungible Token holder. 2. Auction and ICO Programs In these bad market conditions, I would never proactively buy into any project launching an ICO because I know buying would result in a loss. Many projects have contacted Rich and promised a 20-30% commission if users purchase Pre-Sale through his referral link, but he has refused them all. Zama recently cut 5% of its commission for KOLs, so you can see that KOLs are quite active in Zama's Dutch auctions, partly thanks to their referral links. A key unspoken rule in the financial market that newcomers need to understand is that nothing is given away for free unless there is a benefit behind it. The more FOMO is created, the more attractive the opportunity seems to the retail team, and the more they buy. That's why you see Zama's FDV being inflated quite a bit before the auction. Some articles exposing the truth about Zama's ICO Pre-Sale can be read here: x.com/0x_madara_/status/201866...… 3. Evaluation of Zama founder and Zama price chart Personally, I quite like this founder, except for the ICO issue. He's very friendly and always answers community questions. Regarding price movements, we need to wait for the chart to run for 1-2 weeks for the selling pressure to Dump before we can make any assessment. As the chart $SENT showed last time, it went down slowly for exactly one week before being pushed up, so I think Zama will have a scam pump. But the current market is more risky than promising. Only consider holding on if you're willing to take responsibility for your money or simply accept a free Airdrop from an OG Non-Fungible Token . As for me, I already made my decision on the first day and don't care anymore. If there's an opportunity, I'll just quietly buy it 😁 twitter.com/RichardDang/status...
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