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The 2023 market crash has been one of the worst in history, with every tradable asset including, stocks and crypto seeing a massive retracement in average price, however although this has significantly damaged alot of peoples investing portfolios, it does bring a massive opportunity to 10x your wealth, this comes because in every recession and market crash in history, a bull market follows after. The time of the bull market following this crash is of course unknown. However one thing is for certain. Time is running out.

During a recession or bear market there is a major limiting factor that is time. Time is the limiting factor as each market cycle repeats itself over time and certain dates are always marked as the best days for price and worst days for price. Although timing the market is a near impossible challenge, dollar cost averaging into an array of tradable assets is how many people have been able to build significant wealth.

As the market crash is still here, it poses a major buying opportunity and in this video I'm discussing the opportunities I plan on taking action upon when it comes to building significant wealth.

These are the simple steps I am taking to build wealth during the market crash to build wealth in the next bull run.

Step 1: Accumulating Bitcoin. Bitcoin is the number 1 cryptocurrency both in terms of market cap, growth and popularity. It is by far the Crypto which has withstood the test of time and Bitcoin is the crypto which tends to lead the direction of the cryptocurrency market. Especially with the BTC spot ETF looking to be approved soon this could be one of the safer crypto investments and as I say wherever bitcoin goes the rest of the crypto market tends to follow.

Step 2: Switch over to Ethereum (ETH), the second largest cryptocurrency both in terms of market cap and price, ETH has a massive scalability plan in the coming years, both to reduce gas fees from the network sharding, alongside many layer 2s which are promoting scalability across the ethereum network. Ethereum had a previous all time high of around $5000 and with ethereum being around the $2000 range, if in the bull market of the next market cycle it can break past its all time high that would mean a massive return on investment (ROI).

Step 3: Big Cap Cryptos, as we have already talked about where ever bitcoin goes the rest of the crypto market seems to follow and next to do so and next safest bet behind ethereum is typically big cap cryptocurrencies. In the previous bull run these consisted of cryptos such as Matci (Polygon), Cardano, Polkadot and a few other cryptocurrencies, to name a few. The best way of finding out which cryptos are the big cap cryptos, is to go to coingecko and coinmarket cap and look for the top 10 and top 20 cryptocurrencies by market cap.

Coingecko: https://www.coingecko.com/
CoinMarketCap: https://coinmarketcap.com/

Step 4: This is where it starts to get a bit riskier but with more risk comes more rewards in some cases. Step 4 is buying into mid, low and micro caps. Although this may be riskier if done right you have the opportunity to 10, 20 or even 50x your investment. This rarely happens and a lot of these cryptos end up going to zero, however if you're able to effectively find the ones which are going to succeed you have a good opportunity to significantly increase your wealth and get a massive ROI.

Step 5: This is where things get super risk as step 5 is buying into NFTs, in the previous bull run NFTs and Ponzis created 6 and 7 figure returns from 4 figure investments, here we consistently saw 10x returns and saw may projects hit crazy all time highs, however 99% of these NFTs have fallen and we’ve even seen the bigger projects such as Stepn and Axie Infinity see a massive price retracement.


Timecodes:

Intro- 0:00
Step 1- 0:11
Step 2- 1:06
Step 3- 1:25
Step 4- 1:49
Step 5- 2:09
One Final Chance- 2:56
My Top 3 Picks- 3:22
Outro- 3:54


DISCLAIMER: This video is strictly for educational, informational and entertainment purposes ONLY! Everything in this video is simply our own thoughts and opinions, NOT FINANCIAL ADVICE. Anything you do related to this video is at your own risk. Please do your own research before making any decisions when buying into any cryptocurrencies, securities, or any asset classes. The crypto market is incredibly volatile and risky, so it is essential to thoroughly research before making any decisions. SebCryptoTrades and anything affiliated with SebCryptoTrades is NOT a financial advisor, and we will not be held liable.
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https://www.youtube.com/watch?v=wNkVOMz5n1k