I see a lot of overthinking on the timeline.
Don't, this is mega bullish for markets, especially crypto.
Without even getting into specifics, it removes a major uncertainty, and markets hate uncertainty.
Secure the bag as much a you can over the next few years.
In the words of the great StayTheCourse -
‘There will be a day when the media doesn’t try to sway you to vote one way or the other. There will be a day when these two Presidential nominees stop running commercials. There will be a day when your stupid cousin stops posting about how his candidate is better than everyone else’s. Well that day is finally here. After today, one person will be elected President, and the rest of you will have to go back to your lives. Your candidate win? Guess what, you still have to feed your family. Your candidate lose? You still have a motherf*cking mortgage payment to make.
If you live like an asshole, and think your life is going to magically turn awesome because Trump or Harris won, you’re mistaken. They are both rich and will continue to be rich regardless. You, on the other hand, will continue to eat sh*t sandwiches until you’re tired of eating them and decide to turn your life around.
You still have to earn your keep every fucking day.’
founder life is rocky.
the reason why most startups fail is rarely because of the product but because the team loses motivation.
crypto especially faces this issue as markets fluctuate, criticism increase, timelines get pushed back, etc.
even right now, id say sentiment is at a pretty low - many founders i meet are jaded and are unsure of the future.
especially when personal life gets in the way and everything seems like its going downhill, its pretty easy to just give up and “wait for markets to come back”.
this is probably the worst mistake you can make though. rough markets are the time to lock in on product and vision. rough markets are part of our dna - no other industry (afaik) has so much external pressure from community, investors, team, etc to execute in our time horizon.
but thats what makes it beautiful. we’re part of a global financial revolution and around so many like-minded people deeply passionate about a super niche topic. we’ve fostered a community that nobody outside really understands and everyday we’re working to spread the gospel.
i tell all my college friends and family that today feels like the early 2000s with the dotcom bubble when everyone said the internet was a scam. the disillusioned in the industry give up while the visionaries double down.
double down on the vision, double down on the team, double down on the podcasts and marketing, double down on the product, double down on the research - there’s always something more you can do.
most importantly, rely on your peers - i cant count how many times ive relied on investors, my team, and other founders just for mental support and its kept me sane to date.
im personally super excited for the future - i have no clue when the “markets coming back” but we’ve built something super special at movement and i couldnt be more locked in.
Q4 is the time for a brutal sense of urgency or risk being sidelined forever.
gmove.
Used to wish somebody was there to help me thru my first bear market in 2018.
Someone to yell at me to preserve capital until the market turns or something. Maybe tell me that the market doesn't provide equal opportunities every day.
But then, I'm here now and I realize that everyone I did try to help ended up nuking their bankroll in private anyway.
Think it's just a rite of passage as a trader to experience the lowest of lows and march forward regardless.
A mantra I repeat to myself frequently is:
"The things you have in life now are things you once dreamed of"
It's very easy to always want more.
It's very difficult to be grateful for what you have.
It helps to remember where you started.
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