Is the crypto market in a deep freeze?

In this episode, Ben & Bergs dive into the current state of crypto, analyzing why August and September are historically tough months for Bitcoin.

They also discuss the impact of external factors like interest rate cuts and ETF approvals, and emphasize the importance of risk mitigation, long-term thinking, and independent research for navigating the crypto market.

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Takeaways

• The crypto market is still young, so focus on solid projects with real-world applications and long-term potential.
• Don't over-index on altcoins, especially during periods of high Bitcoin dominance.
• Don't blindly follow YouTubers or other influencers. Do your own research and invest in projects you understand.
• Avoid chasing the next "100x" coin. Focus on building a solid foundation with core assets.

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🎙 Podcast Links:

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Spotify: https://open.spotify.com/show/5xir3V8fvtmHTAQy2D9dQd

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Ben: https://twitter.com/bensimpsonau

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Bergs: https://www.linkedin.com/in/aberghuber/

Disclaimer: We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.