Happy New Year.
I hope you took real time away from the markets to reset, reconnect, and recharge.
This year, your success, your growth, your progress is 100% in your control.
If you’re with me, what we’re building this year will be truly special.
We’re going harder than we ever have before.
LFG. 🦾
I am not concerned about $aura. I am still extremely bullish on it.
My thesis on meme volume coming back remains intact.
I believe there is a global paradox where the external pressure on individuals from the economy actually pushes people into more degeneracy.
Gambling, substance abuse, screen time, dopamine addictions.
When life gets harder, people escape.
When people escape, speculation rises.
The society we live in and the society we are heading toward makes memecoins, especially on Solana, a market to bet on for the next few years at least.
There will be evolution.
Investors will learn and adapt.
Meme investors will simply become smarter and more selective with their bets.
In my opinion that path leads directly to a meme like $aura.
I just think this time comes when holders of majors feel rich again relative to their recent context which due to the extreme fear could actually start being sooner than we think now.
The feeling of wealth & willingness to gamble is relative not a price point so will be interesting.
It is not rocket science.
I am confident I will be sharing all my $aura posts in the future, reminding everyone of the conviction I held.
The same way I did with WIF, POP and SPX.
SPX is actually a perfect example of where I got it wrong towards the end.
I faded community sentiment and focused too much on macro and the broader market.
I overlooked what true conviction looks like.
These Aureans are reminding me of the same energy.
Community is the main fundamental I focus on with memes and right now it’s an A+ performance considering all circumstances.
I genuinely believe betting on $aura now gives you a strong return on investment.
NFA of course, but I will be adding chips to the pot continuously around these prices.
Most important post you will read today - My honest take on the market 👇🏾
I’ll tell you how I honestly feel. I’m not even slightly concerned about any of this.
We can all be wrong with our positioning, that’s part of the game.
But letting fear take over and panic selling now is not who I am.
It goes against my long term horizon, it goes against my conviction in my investments, it goes against the philosophy I’ve built off the back of six years of experience.
It also goes against what I believe based on the catalysts I’m seeing ahead.
There’s something called resulting.
It’s when people who operate in a game of probabilities change their stance because of an outcome rather than the quality of their decision making.
And what do I always say?
You can be completely on the money with your thesis, but the market will always do what it wants to do and they move how they move.
Whether that move lines up with your thesis is not in your control.
The only thing you actually control is how you respond and the next action you take.
Based on what I’m seeing right now, none of my positions should be sold.
That goes from the majors down to my core meme holding.
Prices can absolutely go lower, and if they do, the assets that remain quality relative to the context and interest in the broader market will be the ones I keep bidding on all the way down.
That only changes if my perception of the asset changes.
Right now none of my perceptions have changed.
The market just doesn’t currently support higher prices.
We are all long term believers in some capacity.
The charts show that the bulls win eventually.
The future of cryptocurrency and mass adoption is still my strongest conviction and it should be yours.
Earlier in the year I got annihilated because we timed the top.
My ego took over.
I viewed everything through a bearish lens for too long and I lost money on the way down and missed more money on the way up.
That will never be me again.
MKFs take.
Enjoy your weekend.
Switch off for a bit.
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Crypto was invented to remove middlemen. Exchanges are middlemen. MrProve with PrivateProver can solve this. And much more.
Exchanges are basically the worst part of the crypto infrastructure experience, and the time for the solution is now.
Looking forward to seeing more details on a website soon :)