July 21st 2024
What’s your gameplan with your current crypto portfolio? Reply back, I wanna know.
- Are you still dollar cost averaging into BTC and/or ETH regularly?
- Are you buying the dips? with limit orders?
- Are you buying alt coins?
- Are you fully allocated, locked, loaded and waiting?
I had a conversation with someone this week who’s new to crypto and wanted to start investing in size. It’s tricky to advise a course of action at this stage of the cycle. Now we’re buying in a boom!
When BTC breaks out of all time highs and starts climbing into high 70k’s and 80k’s we’ve officially reached the halfway point in the bull market. Now all thats left is to find the top and set a price record which will hodl for the next 4 years.
To the moon 🚀 — @GΞR฿Z Founder & Creator @ BitLift
“The Cycle” Update
Well… So much for that “double top” I pointed out last week. All it takes is one wild political news event to reverse course in a flash. Will be interesting to see how a potential ETH ETF impacts things here, and how the election could play into my prediction for when we’ll break into uncharted territory.
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.
Chris Dixon: “Do you dislike the idea of an Atomic Unit of Ownership?”
Jack Mallers: “ You Shoud Vote with Your Portfolio”
Michael Saylor “ You Should Use BTC as Property”
Keep Up With Crypto
What I’m reading, watching, sharing and keeping an eye on in crypto recently.
From the BitLift Discord:
@GERBZ: Chicken or egg? Bad day for DeFi. But at least the loan saga is over
@tjt2005: Well looks like the SEC will be drastically changing very soon. Gary Gensler is undoubtedly polishing up his resume
@charlesnag22: Mmmhu. That’s why XRP, LUNC, and other crypto communities expressed disdain and mocked him for asking people to submit a tip or complaint to the agency despite regulatory overreach concerns.
@GERBZ: @428580 I read your email on it... However, I like this take on it:
@GERBZ: That link is paywalled. Can you share it? Found this small overview: