Being early sucks

September 1st 2024

Do you think money is broken?
Do you think smart contracts are more efficient than paper contracts?
Do you think DeFi will displace Wall St?
Do you think Web3 will come after Web 2.0?
Do you think digital ownership is useful?
Do you think self sovereign identity is important?
Do you think digitizing Real World Assets is an unlock?

I do. I think it’s all inevitable (my favorite word).

So how do you capitalize on your ability to predict the future? You invest, and you wait.

The hardest part about investing isn’t coming up with a thesis, or finding opportunities to match your thesis. The hard part isn’t even being right!

The hard part is patience and timing.

The hard part is maintaining your conviction while you wait for the rest of the world to catch up. And they catchup in waves. And then waves within waves.

Being early sucks. But being early is how you win. You can let the waves crush you, or you can learn to surf and chill.

You’ve got plenty of time. Take it slow. You are not wrong. Don’t let the laggards, naysayers and followers convince you otherwise.

To the moon 🚀 — @GΞR฿Z Founder & Creator @ BitLift

PS: If this got your mind swirling, and you want more, this episode of The BitLift Podcast dives deeper.

The BitLift Podcast

#70 Goal “Reach $1M In Crypto By 2030” w/ Cash Flow Investors Coran & Leanne Woodmass

This week I sat down with two close friends who are just beginning their journey down the crypto rabbit hole. They’re coming to crypto for the first time, through the lens of real estate strategies and cash flow investments. Amazing how far we’ve come! But it’s also like starting a book on the 6th chapter. Watch me squirm trying to explain this…

“The Cycle” Update

This week I’m sharing my Ethereum chart instead of Bitcoin for a change. Not looking all that hot to be honest. Could really use a close above $2,550 this weekend.

Everyone has been shitting on DeFi this past week, including Vitalik. Just another FUD moment in The Cycle. But to be honest, I haven’t been all that bullish Ethereum lately. Fragmentation across L2’s has lead to usability nightmares forcing users to look elsewhere (like Solana & Tron).

Crypto Podcast Snips

I listen to a ton of crypto podcasts and started bookmarking important moments using Snipd to share with you guys on Instagram, TikTok and YouTube.

Benjamin Jones: “ What is the Superchain?”

Cosmo Jiang: “What is TON’s Distribution Advantage?”

Cosmo Jiang: “TON Valuation Breakdown”

Keep Up With Crypto

What I’m reading, watching, sharing and keeping an eye on in crypto recently.

From the BitLift Discord:

@GERBZ: TON still dropping. Looks like questioning can last up to 96 hours which could end on the 28th Dude is worth Billions Has hundreds of millions of dollars in cash and crypto If this was china, he'd be disappeared But I can't see how he doesn't get released

@GERBZ: We've seen so much FUD like this over the years. All that matters is whether a) they have a product people want b) they can keep it running

Guess we'll find out

@ferenc127: What’s going on in the crypto market in general? What’s the reason behind today’s drop?

@GERBZ: Same answer as always, more sellers than buyers 😅

I actually think Vitalik kicked off this sentiment shift though when he shit on DeFi.

SEC suing OpenSea doesn't help

@ferenc127: 🤷‍♂️ we need that rate cut

@GERBZ: Incase you missed it, Vitalik shit on DeFi

@GERBZ: And all the dApps are pissed

@GERBZ: Fighting words from the founder of Frax

@badjanitor: I thought it was really strange that he called out RAI as a great stablecoin when it only has $3M market cap, no peg, and a ton of price volatility

@GERBZ: RAI is a purposely non stable stablecoin. I think he was calling out projects that are trying something... special

@GERBZ: Skin in the game