Ivan on Tech argues the current market uncertainty is a buying opportunity and explains his deployment strategy
Ivan on Tech, a solo crypto and markets presenter, shares his current investment thesis and deployment activity.
Summary
Ivan on Tech presents his view that current market uncertainty — with analysts raising concerns about the 10-year yield, midterm elections, inflation, oil, and Iran — is itself a bullish signal, not a reason to hold back. He argues that disagreement and doubt in the market keep prices suppressed, creating accumulation opportunities for those with a clear system. He describes deploying multiple seven figures across different assets and outlines his bullish targets for Ethereum and Solana.
Key Takeaways
FULL TRANSCRIPT
Why market uncertainty is a bullish signal
Let's talk about Bitcoin. Let's talk about stocks. Let's talk about what I'm doing, because it's such a nice opportunity right now — a fantastic opportunity in the market. Why? Because people are still not sure whether we're bullish or not.
Just in the last few days, I see Ben Cowan saying he's still concerned with the 10-year yield, this and that — literally a few hours ago. Other people are concerned with the midterms coming up, a bit of uncertainty potentially there. Other people concerned with inflation, with oil, with Iran. There's always a million reasons to be concerned.
In the middle of all of this, you have to make a decision and you have to execute on a plan. Because in my life as an investor, as a trader, there has never been a time when it's 100% bullish or 100% bearish. There's always some bearishness in any bullish situation. There's always someone calling for even lower lows. There's always someone who is not fully sure that we're going to pump — and that's okay. That's okay.
By the way, we get a bit of sun today and coffee — very important. So that is good.
When you have people not sure, it is good, because that is the reason Bitcoin is still at $80K and not at $100K. When you have concern in the market, see it as bullish. Because if you have a thesis of your own — just like we here have the mechanical rules, we have the money line — we are bullish on the money line. We're bullish according to mechanical rules. We can buy cheap before the doubters and ride it all the way up, and then sell before they become concerned.
Because remember, last October we said time to sell, time to be risk-off. Most people said it's going to go higher. So you always need people disagreeing. If no one disagrees, it means it's either the top — or you have the bottom when everyone is super, super bearish.
Current sentiment and accumulation strategy
Now, I would say we're not at the mega bear sentiment. I mean, clearly you guys who are watching this are supporting the bull thesis as you watch every day. So we have definitely fewer bears now than in July, when we became bullish for the first time in the buy zone. But still many bears. Many bears. And that's very good. I want there to be many bears because we have more time to accumulate.
I'm deploying heavily, guys. Multiple, multiple seven figures into different assets — all the time, constantly adding more. And I still have a lot to add, a lot to add into altcoins that are still yet to flip bullish.
Solana flipped bullish about three weeks ago or so. Very good, very very good. It was $95 when it flipped bullish. It's now — you guys can tell me — $117 or wherever it is. It's going to go to $300. It's going to go to $300.
When you have a simple system, when you have a simple way of seeing the market, it's easy to take action even when there are so many doubters and always someone with a concern. If you just open up a chart and you have nothing extra — no money line, no mechanical rules — obviously it's very hard.
Altcoin targets and current positioning
Let's go through some altcoins fast. ETH is bullish and should return to $5K in the coming quarters — that's number one. Number two, Solana is bullish and should reach $300 in the coming quarters as well. Let's see if it's four quarters or when exactly — we're patient. We're just following the trend. We're patient and we're humble.
For you guys, time to pay attention. Listen, it's no time to be cute, no time to be super concerned. Time to pay attention and be freaking bullish as hell right now. Obviously manage risk in case it goes down, so you don't lose everything. Take it easy with leverage. Stop losses. But overall, time to allocate. Be a freaking asset allocator. Allocate now.
The best time to allocate was a few months ago — of course, we started slowly allocating there. Now the bull flip is the signal for us.