I think it becomes near impossible to forecast economies, society and markets beyond 2030 as we hit the exponential on everything and everything changes forever in ways we can’t yet grasp.
I am an optimist in this, even though it feels scary. Opportunities abound.
I do think there is a >20% chance that this cycle in Crypto and Exponential Age tech is an Everything, Everywhere, All at Once adoption cycle. The narrative/price will probably outrun the reality however, but by 2030 all forecasting will go out the window…1/
Ok, I don’t need to see more results as over 90% see a more digital world, obviously.
However I note the cognitive dissonance that people don’t believe tech and crypto are secular, non-mean reverting trends (outside of business cycle ups and downs). They provably are.
In a more digital world, most value will be stored, transferred on blockchain and most contracts will end up as NFT’s.
It’s a simple as that.
Remember that bell curve meme? Yeah, don’t be a Midtwit.
Don’t over think it.
You don’t own enough crypto or tech (or you don’t own any at all).
You will all own digital assets , it’s just a matter of when and how.
You might as well front run the institutions and the corporations for once.
And you are trying to pick value stocks and commodities instead of participating in the biggest secular macro trend in history and it’s been going for a decade or more… and it’s going to accelerate.
If you are interested in The Exponential Age and what it means for us all and how to simply invest in it, then you might want to check out my new research service with @DMattin "The Exponentialist" 1/
I turned $8k into $300k during bear market.
In bull market, I'd have made several millions.
We're probably at beginning of bull market rn.
If so, everyone can make a fortune on crypto.
Mega-thread: how to make 7 figs from 0 👇🧵
You constantly see this in crypto with people who want to “make it” but have spent nearly zero time learning to trade.
You see this in business with people that try for 2 months and then quit because there is no money.
This is like trying to win a jiu jitsu competition without training or sparring.
It’s not about the end goal, it’s about putting the time into the sparring.
Spar enough and winning/making money because easy. Spar to little while trying to win, you will never win.
I'll reveal one of my many secret tips during a #bitcoin bull run:
During a bull run, you should only be buying crypto at night.
Why?
Many Asian traders tend to sell and take profits before going to bed, which causes a temporary drop in prices.
See for yourself.
This creates a good opportunity to buy #crypto at a lower price.
Follow me, and I'll share more of these practical tips with you.
People can't save money. Their jobs pay are not keeping up with inflation. They can't get loans. They are in record debt. The FED is intentionally trying to increase unemployment, layoffs are happening.
But yes, we are primed for another multi year bull run.
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Of these traders, most admitted to day trading and short term trading because they just love it…
But most also admitted they didn’t make much money doing this.
Most money came down to a few trades that met the criteria above.
Food for thought.
I’m almost embarrassed to not be rich yet. I’ve been here since 2016 and was always known as the BTC guy. I made 25k in 2017 and 100k in 2021. Still can’t shake the feeling that I was there, and if I had just bought more I could be doing what I want instead of working my 9-5.
Queen Elizabeth II passes away the same time Brendon Urie releases the video to the song , " Do it to death" ... Odd times, strange coincidence? 🤔 #RIPQueenElizabeth