Miles is buying altcoins while others are panicking, because he believes peak fear is peak opportunity. His plan hasn’t changed — he expects a choppy summer, followed by a strong rally later in the year (Q3–Q4).
🩸 What Just Happened:
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Market dumped hard over the weekend due to Middle East conflict (US-Iran).
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Crypto sold off sharply because it’s 24/7 tradable while stock markets were closed.
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Altcoins were hit hardest, dropping double digits.
🧠 Miles' Strategy:
1. Hold Cash, Then Buy on Fear
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Was holding 50-60% of his portfolio in cash.
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Now starting to buy altcoins during this fear-driven dip.
2. Choppy Summer Plan
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Expected market weakness during summer for months.
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Still confident in a Q4 rally, possibly leading to a new Bitcoin all-time high.
3. Two Buy Strategies:
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Buy key support levels, but cut losses if they break.
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Wait for confirmation (trend shift) before buying.
📈 Short-Term Outlook:
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Believes the weekend dump could mark a local bottom.
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Expects a short squeeze and bounce early next week (Mon–Wed).
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Risk-reward is now in favor of buying, even if it’s uncomfortable.
🪙 On Bitcoin:
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Bitcoin is still king during risk-off times.
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Says Bitcoin could hit 150K this cycle.
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If you’re unsure about alts, just stick to Bitcoin.
🔁 Closing Thoughts from Miles:
“Altcoins dump harder, but they also pump harder. This summer chop isn’t a surprise. I’m using this fear to slowly increase my exposure over the next 6 weeks.”
