Market Downturn and Crypto Resilience

This chapter explores the recent decline in the stock market and Bitcoin, attributing it to factors such as the unwinding of the yen carry trade and a poor US jobs report. It emphasizes the importance of maintaining cash reserves for strategic investments during downturns and advocates for holding onto Bitcoin as a long-term wealth accumulation strategy. The chapter also touches on capital gains tax issues related to cryptocurrency trading and the evolving political landscape regarding crypto assets.