Today we saw the biggest one-day drop since May 15, when Bitcoin price dropped to nearly $33,000.
Coinglass has released data showing that the Bitcoin market experienced $1.3B total liquidations in the past hour, with $735M liquidated in BTC longs as the price has plummeted.
All the popular talking heads are declaring an emergency.
The question is what effect will a Bitcoin crash have on all the financial institutions that have recently moved heavily into Bitcoin at the top of the market. El Salvador looks smart when price goes up, but what happens if a historical 85% dip occurs?
Some are calling this Black Saturday. Is the Omicron variant news causing a second market crash? The stock markets are down, crypto has tanked, what is next?
Those that have been in cryptocurrency for a long time have a slightly more level-headed outlook. This is not the first time we have been here or seen this.
If you haven’t learned the formula to crypto success, let me let you in on the secret. Sometimes the press and media will lie to you. Bitcoin is never going to zero. Bitcoin has always gone up. When they panic and declare emergencies, then look at these as buying opportunities. If you need money, look for all-time highs as good times to sell and take your profits. Look for good cryptocurrencies and platforms that pay staking rewards or interest, so you can gain more coins even when price dumps and during bull and bear markets. This is how successful investors operate. Unfortunately, most people buy highs or tops when everybody is predicting $100,000 by Christmas, then sell at lows or a loss when the FUD is claiming Bitcoin is going to drop to $10,000.
Get educated. Don’t follow the crowd. Be careful out there!
VAULT Crypto News This Week
When price goes down, the historic way to make huge gains is to accumulate more coins. Those cheap coins can then potentially build you a massive stack when the price goes back up. You can buy more coins and/or take advantage of coins that generate staking rewards or interest.
The VAULT team has launched a new innovation in cryptocurrency in the form of Stronghold Diamond Hands:
We’re excited to launch Stronghold Diamond Hands, a great addition for loyal VAULT coin holders and perfect introduction to VAULT coin!
Stronghold Diamond Hands has 200%+ return potential, adds more use and support for VAULT coin with 100 unfrozen VAULT coins needed to fill each Stronghold, and limited spots are available!
This will be the first time we will set a time limit on frozen VAULT coins!
We invite you to learn more about Stronghold Diamond Hands and reserve a share of the Diamond Hands Staking Pool at:
How strong are your hands?
Thanks to everyone who worked on this amazing new feature!
Let us know if you have any questions or suggestions!
New VAULT Whitepaper and Website Redesign!
It’s been a long time coming and we hope you like what you see.
We’ve updated and given our website a makeover to help provide a more pleasurable browsing experience, with a simplified theme and everything else available through links and additional pages.
New website: https://www.vault.investments/
We’re also delighted to bring you the new VAULT whitepapers. Yes, you read that right, the new whitepapers come in 2 different flavors as we all know not everyone is the same and some prefer a darker theme and others prefer a more traditional whitepaper with black text on white pages.
Because we care, we give you both themes so you can choose what you prefer or is easier for you to read:
Light mode (black text on white background) version
Dark mode (white text on black background) version
Check out and share our new 2.0 whitepaper and website! We look forward to your feedback and hope you get an insight into the future of VAULT coin project and continue or join us on our journey.
Thanks to everyone who worked on these! We also have VAULT platform 2.0 and more in the works!
Let us know if you have any questions or suggestions!
VAULT Investments Team
BIR upgraded to v4.0.1 and the new collateral (10000), all masternodes restarted https://my.vault.investments/coins/bir/
VAULT Coin’s Market Performance This Week
We finished out the week at $5.22, which is down from last week’s price of $6.15. We had a high of $6.35 on Friday, and our low for the week was $4.99 on Saturday.
We saw an average of $1,580.95 traded daily. This maintains us above the $1,000 daily level and is above last week’s number of $1,373.75.
The Minimum Guaranteed Price buy wall of 1,000 VAULT at 10,500 Satoshi was maintained on SouthXchange.
There are currently orders for 88.19 VAULT above the buy wall.
VAULT’s current price average across all exchanges is 10,996 Satoshi (0.00010996 BTC).
In addition to the platform, products, use and demand, VAULT continues to benefit greatly from being tied to and backed by Bitcoin. This week we saw a significant dip of 10.9% in the Bitcoin price.
Bitcoin (BTC) Update
In the introduction I stated that smart investors accumulate coins when the price dips. Really smart investors accumulate coins daily, no matter what the price is. Crypto has historically always gone up in price in the long term. Bitcoin is still up 149.6% year to date despite this recent “crash.”
A possible barrier to making significant gains in proof of stake coins is that, in order to accumulate a significant amount of coins, sometimes you need to have many coins to stake. The money needed to buy them often puts higher gains out of range for many investors.
This week the VAULT team released Stronghold Diamond Hands.
I wanted to go through this project and explain to you why it could be the best investment opportunity in crypto.
This project makes it possible for more people to benefit from potentially holding a larger number of coins by joining the Diamond Hands Staking Pool.
In this program, you along with 99 other people can deposit 100 VAULT each to the Stronghold wallets in your VAULT platform accounts, then accumulate a share of the rewards that the total pool of 10,000 VAULT generates over 5 years plus bonuses. If some people decide to leave the program, those who remain also gain and split the rewards others gave up by leaving.
Some people have raised the concern that they don’t want to lock their coins for 5 years, but Stronghold Diamond Hands includes the option to leave the program and unlock coins if anyone decides to. And a closer look reveals that this might be the best move you could ever make in cryptocurrency investing, as the time value of money has been the most powerful investing concept in crypto.
Let’s go back 5 years and look at the potential of an investment product like Stronghold Diamond Hands. The price of Bitcoin on December 4th, 2017 was $12,174.25. If you bought 100 BTC on that date, it would have cost you $1,217,425.
If you made 200% return on your 100 BTC over 5 years, you would have tripled the 100 to 300 BTC. The current price of BTC is ~$48,232. This example investment would now be worth 300 x $48,232 or $14,469,600, a 1,189% return!
Historically, trading is the worst thing one can do if they want to make money in crypto. Holding/locking coins and taking advantage of price accumulation over time has proven to be very powerful in terms of wealth accumulation.
Do your own research and check out this limited offer at https://stronghold.vault.investments/
Cryptocurrency News This Week
VAULT Crypto Portfolio Tracker
I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using holds 1,000 VAULT, with 0.1 BTC invested in the BTC% program (check it out here).
I wanted to show you what kind of returns you could be earning weekly and cumulatively.
1,000 VAULT initial investment with current value of 1,163 VAULT at ~23% ROI generated 5.11 VAULT blockchain rewards this week, for a total of 1,168.12 VAULT over the past 34 weeks if you compounded your daily rewards with 100% reinvest on the VAULT platform. The total dollar value earned is $877.59 at VAULT’s current price of $5.22 (0.00010996 BTC). The total Bitcoin value earned at VAULT’s current price is 0.01849 BTC.
Placing 0.1 BTC in the BTC% program earns 11% APR, providing a weekly return of 0.00021089 BTC. Over the last 34 weeks, this would be worth 0.00717 BTC with a current value of $346.
The current total value of your potential returns over the past 34 weeks would be $1,223.60 or 0.02566 BTC.
We Are Here to Help You DYOR (Do Your Own Research)
I hope this update on the Bitcoin market crash and how to deal with it has been helpful.
Consider investing the VAULT way and enjoy a seamless crypto experience!
VAULT Platform: https://my.vault.investments/dashboard/
Lifetime Affiliates: https://affiliates.vault.investments/
VAULT Discord: https://discord.gg/BEDSGCs
VAULT Twitter: https://twitter.com/VaultInvest
VAULT Telegram: https://t.me/vaultinvestments
Forever Innovating: https://vault.freshdesk.com/support/solutions
This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. The views and opinions in this update are my views alone and are not necessarily those of VAULT investments or its administration. Users should always DYOR. Invest at your own risk.
About the Author:
My Discord handle is Bobtilladhun.
I’m a long-term crypto investor. I bought my first Bitcoin in 2016 for $700. I sold 1/2 my BTC when the price doubled to satisfy my wife that I wasn’t going to lose all our money and made my initial investment back. Since that time, I have used my remaining Bitcoin stack to HODL and invest in interesting projects. I am a founding investor in VAULT and have accumulated a significant number of VAULT coins through holding my coins in CRYO and taking advantage of the compounding interest VAULT provides.
I was asked by Ian and the VAULT team to provide a weekly update on VAULT’s performance and current issues in cryptocurrency.
I hope these updates provide you with a quick overview of what is happening with VAULT and in the world of cryptocurrency.
Please contact me on Discord if you have any comments or suggestions.