Jackson Vizzo's video: Is the Bitcoin Pullback Over DO THIS NOW

People ask me all time, is the Bitcoin pullback over? In this video I explain where I see Bitcoin headed and what I am doing now with my BTC and overall cryptocurrency investments. Resources I Use & Recommend: 🤑Get $250 In FREE CRYPTO🤑 - https://blockfi.mxuy67.net/gboMjv 💵WealthSimple Trade💵 - https://my.wealthsimple.com/app/public/trade-referral-signup?code=DUOABG 💰FREE $10 FROM COINBASE 💰- https://goo.gl/nbkvom Never miss an entrepreneur video again! Subscribe ➡️ https://bit.ly/2wvnxDq My Socials⬇️ ➥ Instagram - https://www.instagram.com/jacksonsummers111/ ➥ Facebook - https://www.facebook.com/Jackson-Summers-Success-331757891017981/ If we were dealing with the stock market, I could definitely say that this would qualify as a market crash and not a “pullback” however with bitcoin and cryptocurrency, it's a bit different. Currently BTC is down about 47% from it's all time high of $63,503.46 per coin reached on April 12th, 2021! With past Bitcoin crashes we saw the coin dropping anywhere from 50-90%! So just to be safe I am classifying this as a pullback and not a crash as we have seen much more devastating drops in the past. Also this is not the past and the environment for crypto has completely changed, overall the space has evolved massively with many big banks and hedge funds treating cryptocurrency as a real asset and not some speculative, unregulated investment. The 2020 Bitcoin bill run was not due to a massive increase in retail investors like we have had in the past, this time it was due to what we like to call “smart money” or institutional investors. More and more countries and Fortune 500 Companies started to take Bitcoin and cryptocurrency in general much more seriously. We can see this through how huge corporations like Paypal, Square and Tesla began holding Bitcoin on their balance sheets. Venezuela has adopted Bitcoin as their national currency, now I’m not saying that this has a huge impact on BTCs price action however it does show how far bitcoin has come! Also if this turns out to be a smart decision for them which I think it will, we could see more countries with larger and more influential economies start adopting and recognizing Bitcoin. Even the FED is taking steps this summer to create their very own digital currency, Which is kind of strange and I’m not sure how to feel about it but either way I think it will bring even more attention to Bitcoin, thereby helping increase its value. INSERT KID ON COMPUTER MEME So to call this a normal pullback, correction or crash is definitely not right, therefore we need to treat this more like a regular asset and not some coin that crashes 80-90% every 3-4 years or so. So with that in mind, when we see that it has fallen by 47%+ already which is more significant than the Dow Jones drop of 38% or so in the beginning of 2020. It would be safe to say that it definitely could be the end of the pullback/crash, but I don’t think that would be the case if we were in the earlier years of BTC. However a further drop to maybe $20-$30K is not out of the picture but I truly don’t think we will see Bitcoin below $20K ever again! Now I know that’s just my opinion and many others will argue that if it does drop 80-90% we could see prices below $15-$10K per coin. The truth is NOBODY KNOWS, not the big banks, Elon Musk or even Michael Burry himself!! So honestly my advice to you is that if you believe in Bitcoin or any investment for that matter, then you should definitely be buying when it’s on sale. Not worrying about trying to time the market perfectly as nine times out of ten will get you absolutely wrecked. A strategy that has worked for me is called dollar cost averaging, this is a method where essentially you buy in specific increments and times over a period of time. For example, instead of buying $1,000 worth of Bitcoin at the $30,000 level, you could buy in increments of $100 or $200 per week without worrying about the price at which you are buying. That way your position is averaged out and it eliminates unnecessary emotions giving you a better chance of success. Let me know in the comments about your strategy for buying Bitcoin, if you have seen my past videos you know I used to focus a lot more on the technicals and price movement. However lately I found more success in not trying to time the market when buying cryptos, stocks and other assets that I believe in for the future. *I am by no means providing financial advice in this video or any of my videos. I am however sharing my experiences and knowledge on a number of online business and financial topics.*