I started these emails in September 2020 to help people navigate Bitcoin's inevitable third boom. The boom we're experiencing today.
(If that doesn't make sense, the two links above are required reading)
I believe we've reached the "Greed" stage of the market cycle. This is where shit starts to get weird.
Dogecoin doubling over the past 24 hours was a signal, so is the explosive growth in txts, emails and requests we've been getting to join BitLift's Signal Chat.
"Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett
Buffet doesn't know a damn thing about crypto, but we're hardly talking about crypto anymore. His investment advise is spot on.
I've met hundreds of people who entered the crypto markets during this stage of the 2017/2018 bull run and the overwhelming majority of them either lost money or have been sitting on losing shitcoin positions for four years praying that today would come so they can break even and end the misery.
Crypto is undeniably changing the world and will continue its disruptive path over the long term, but starting your journey down the rabbit hole during this greedy sliver of the cycle may result in a false sense of reality.
I'm not living in fear like Buffet, but all my bets are in. The Greed and Delusional phases of the cycle can last a lot longer than you expect and are promised to inflict serious emotional turbulence. To ensure I remain focused, I'm spending the remainder of this cycle planning my exit so I can buy back in at the depths of despair and do it all again in 2024.
To the moon 🚀 — @GΞR฿Z Founder & Creator @ BitLift
Tweet of the Week
Dogecoin and the crypto markets at large may catch a lot of flack from this week's DOGE pump, but I truthfully think DOGE has more utility than most copy cat coins.
DOGE is about tipping, giving thanks, and showing support for people and projects you appreciate. It's not about the money, but value is still important. Above $0.01 it loses it's charm, but IMO we need more simple and clear use cases like this in the cryptoverse.