I've been all in on crypto for 5 years. That doesn't mean I'm rich, it means I'm so poor that all of my spare money is in crypto, and if I make it I'll make it big, if crypto - or my choices - don't pay out, I will remain the same. I pivoted from business and marketing to cryptocurrency because I can see the value behind blockchain technology, financial freedom, and autonomy from the system that pushes us down and wants us poor and stupid forever.
I joined the resistance if you may. A silent, passive resistance that aims to topple governments and destroy oppressive systems all around the world. It's a resistance that speaks with money and actions, not by being loud in a belligerent way.
Blockchain technology and the power of decentralization has the power to change the status quo and at the same time, provide an equal starting point for the average Joe. The outcome won't be the same for everyone, and that's ok, in fact I am more than ok with equality in opportunities, not equality in outcome. If a person is poor today, and is poor in ten years despite being so expose to cryptocurrency as a normal person is, then it was completely their choice and their consequences.
People are overconfident we are going through a generational shift of industries such as the one we experienced in the late 90's with the internet, but our overall experience is much more than as a society than what it was back then. Crypto and more recently DeFi offers a normal person the opportunity to invest and to make gains without the need of an intermediary, we are our own banks with all the upsides and downsides that implies, and we are also our own hedge fund manager. We no longer need an ivy league hedge fund to make millions by making the right calls, we can do it ourselves provided we do the right research and make the correct decisions. In broader terms, our investment experience as a collective is much more robust that it was 30 years ago.
Now let's compare today's market to what was going on in the late 70's and early 80's: During those times the interest rates went to the floor, and the prices of bonds went to the sky, but this pattern is not repeating today, investors don't know what to expect. Of course in the long term everything is expected to go up, but if you asked me what to do about bonds - or what is everyone else advising - I would say I have no idea whatsoever but one thing is certain, big funds will have to drop fixed income in its current form and either go find higher yield or different versions of yield, because what is happenning with the assets prices.
There's also the issue about the retirement gap: The retirement gap refers to the growing shortfall in the amount of money needed for individuals to live comfortably during their retirement years compared to what currently exists. This gap is partly due to the fact that the average lifespan is increasing and people are living longer in retirement, therefore they need more money to sustain themselves. Additionally, there is also the issue of pension funds assuming that they will earn a 7.5% annual return on their investments, but the current stock market conditions are not likely to yield that level of return. This means that pension funds may not be able to provide the level of financial support that individuals need during their retirement. This could lead to an increase in the number of people who are unable to retire comfortably or who are forced to continue working during their retirement years.
The assumption that we will be able to earn money in the same way that we have for the past 5 decades is not accurate. Paradigms, or fundamental ways of thinking, are changing and the methods for earning money are evolving. For example, the "money printing to infinity" strategy, where central banks can create as much money as they want to stimulate the economy, has been called into question by the economic impact of the COVID-19 pandemic. This approach, which was seen as a way to stimulate economic growth, has been criticized for its potential to create inflationary pressures and devalue currency. In addition, the current economic environment has been marked by a shift towards digital currencies, as well as a growing emphasis on sustainable and socially responsible investments. These changes are likely to have a significant impact on how individuals and institutions earn money in the future, and it is important for investors to be aware of these changes and adapt their strategies accordingly.
behavior and determine when it is appropriate to protect your capital during a long period of time. This involves understanding the different factors that can influence the value of a cryptocurrency, such as market sentiment, regulatory changes, and technological developments. It also requires the ability to identify patterns and trends in the market, and to make informed decisions about when to buy, hold, or sell a particular cryptocurrency. Additionally, investing in cryptocurrency carries a higher degree of risk compared to traditional investments, so it is important to be prepared to accept the possibility of losing a portion or all of one's capital.
It's also important to have a well-diversified portfolio and not only rely on one crypto and also to have proper risk management strategy in place. Furthermore, being aware of the crypto market developments like the rise of DeFi, Stablecoins and CBDC's will be beneficial to make informed decisions.
The current geopolitical environment is rapidly changing due to a variety of factors, such as economic tensions, political instability, and social upheaval. This shifting landscape presents new challenges for institutions, and it is important for them to be forward-thinking in order to navigate these changes effectively. One of the main challenges institutions face is the need to adapt their messaging to align with the changing environment. This may involve reevaluating their strategies, policies, and communication tactics to ensure they are responsive to the needs and concerns of their stakeholders.
Additionally, institutions are facing new risks such as cyber-risk, and other geopolitical risks such as sanctions, embargos and trade tariffs. These risks have a direct impact on the institutions' operations, and they must be taken into consideration when developing their forward-thinking strategies. Furthermore, institutions are also facing pressure from stakeholders and regulators to be more transparent and accountable, and to demonstrate their commitment to social and environmental responsibility.
In short, the current geopolitical environment demands forward thinking and adaptability from institutions, and it is important for them to be able to navigate these changes in order to continue to be effective and successful.
Old school investors, who may have decades of experience in traditional markets such as real estate and stocks, may have difficulty understanding and advising on the disruptive technology of cryptocurrency. This is partly due to the fact that the market and macroeconomic environment for crypto is vastly different from the markets of the past. Factors that were important in the 1970s, 1980s, and 1990s, such as interest rates, inflation, and government regulations, may not be as relevant in the current market. This can make it difficult for these investors to adapt their strategies and advice to include cryptocurrency.
Furthermore, the volatility and decentralization of crypto markets present different challenges and opportunities compared to traditional markets. The lack of regulation and oversight can make it difficult for investors to assess the risks and potential returns of crypto investments. Additionally, the rapid pace of technological change in the crypto space can make it challenging for investors to keep up with the latest developments and trends.
It's also difficult for even the hedge fund managers who have decades of experience in traditional markets to shift their strategy and adapt to the crypto market. They may be used to a certain way of analyzing the market and may not have the necessary tools or understanding to make informed decisions about crypto investments. This highlights the importance for investors and institutions to continuously educate themselves about the crypto market and the technology behind it.
as the #1 independent advisor: what turns you to this crypto asset market? im focusing in what's next like exponential technologies and where are they taking us, everything is going to change in our daily basis, an block chain is a big key element on that process of change
Blockchain and crypto can change your life if you understand it, the problem lies in taking the time and putting in the effort to learn everything there is to learn. I still have a lot to learn and I could be considered an adept - maybe an experienced - person in the crypto world - not to be confused with the development world where I am in diapers.
But what got me here was walking away from the traditional social expectations of having a stable job, going to work every day and be a weekend warrior etc. I walked away from all of that and the crypto world welcomed me with open arms - and several thousands of dollars in losses - but eventually I got where I am right now. I am not in the best position, but my portfolio is up around 50% compared to last year whereas everyone else's is down 50% to 80% down.
But this didn't come easily, as I said, at one point I had to make the toughest financial decision anyone in the world can make, which is to go all-in on crypto
Blockchain technology is a transformative development that has the potential to revolutionize global commerce in much the same way that the first airplanes and computers did. This is because blockchain provides a decentralized and secure way to conduct digital transactions and record data, which can greatly improve efficiency, reduce costs and increase transparency in various industries.
One of the key advantages of blockchain is its ability to enable smart contracts, which are self-executing contracts with the terms of the agreement directly written into lines of code. This allows for the automation of complex processes and eliminates the need for intermediaries, thus reducing costs and increasing speed and efficiency.
Blockchain technology also provides a high level of security and immutability, making it a reliable and trustworthy technology for storing and sharing sensitive information. This can be applied to various industries such as finance, supply chain, healthcare, and government.
Moreover, blockchain technology has the potential to increase transparency and accountability in various industries by providing a tamper-proof and transparent record of transactions. This can be beneficial for a wide range of applications, including financial services, supply chain management, and voting systems.
Overall, blockchain technology has the potential to change the way we conduct global commerce, and its adoption can bring significant benefits such as increased security, efficiency, and transparency. Its impact on global economy and society will be as big as the first airplane or the first computers.
My advice is starting with 1% of your portfolio into btc, if this blows up you will learn from this with no damage to your assets, but in case it works this 1% will improve all your finance, there are studies saying 6% is the ideal starting investment but at the end this is just a one digit investment.
Bitcoin (BTC) is a decentralized digital currency and the first and most well-known cryptocurrency. One of the most notable characteristics of BTC is its high volatility, which is driven by a number of factors such as investor sentiment, market speculation, and regulatory changes. However, over the years, Bitcoin has demonstrated consistent growth and price appreciation, outpacing many other assets in the market.
In the early days of Bitcoin, the price was relatively low, and it took several years for it to reach $1,000. Since then, the price of Bitcoin has grown exponentially, reaching all-time highs of over $60,000 in 2021. This rapid price appreciation has been driven by a growing interest in and acceptance of Bitcoin as a digital asset, as well as an increasing number of institutional investors entering the market.
Another factor that contributes to the consistent growth of Bitcoin is its scarcity. The total supply of Bitcoin is limited to 21 million, and as more and more of it is mined, the scarcity will only increase. This scarcity creates a demand for Bitcoin, and as more people want to buy it, the price goes up.
However, it's worth noting that Bitcoin is still a relatively new asset class, and its price can be highly volatile in the short term. Despite this, the long-term trend of Bitcoin has been consistently upward, making it an attractive investment for many people.
Bitcoin has demonstrated consistent price appreciation over time, growing faster than most other assets in the market. The price of Bitcoin is driven by a combination of factors such as investor sentiment, market speculation, and scarcity. However, it is important to consider the volatility of Bitcoin and to conduct thorough research before making any investments.
Rebalancing is a key strategy for managing one's money and ensuring that an investment portfolio is aligned with one's risk tolerance and financial goals. The idea behind rebalancing is to periodically adjust the allocation of assets in a portfolio to maintain the desired level of diversification and risk. This can involve selling assets that have appreciated in value and using the proceeds to purchase assets that have underperformed, in order to bring the portfolio back to its original allocation.
In the context of cryptocurrency, rebalancing can involve adjusting the allocation of one's investments between different cryptocurrencies, such as Bitcoin, Ethereum, and other altcoins. This can help to diversify one's portfolio and reduce the risk of being too heavily invested in any one coin. However, it's worth noting that the speaker mentioned that he never rebalanced his crypto allocations, which is one of the reasons he is very overweight in crypto, and that he is taking bigger risks with Bitcoin.
It's important to keep in mind that the crypto market is highly volatile and the value of cryptocurrencies can fluctuate significantly in a short period of time. Therefore, it's important to monitor one's investments and make adjustments as needed to ensure that the portfolio remains aligned with one's risk tolerance and financial goals. The concept of rebalancing also applies to altcoins, as it's important to have a well-diversified portfolio, and not rely on one or few coins.
In summary, rebalancing is a key strategy for managing one's money and ensuring that an investment portfolio is aligned with one's risk tolerance and financial goals. While the speaker mentioned that he never rebalanced his crypto allocations and is taking bigger risks with Bitcoin, it's important for most investors to regularly rebalance their portfolio and monitor their investments to ensure that their portfolio remains aligned with their goals.
The problem for the average Joe is that
Many people may hesitate to invest in cryptocurrency because they believe they do not understand it well enough to take the risk. However, the fact that crypto has a lot in common with stock markets means that individuals who have experience investing in stocks may already have a good understanding of the basic concepts and principles involved in crypto investing. They may be able to apply their existing knowledge and skills to crypto investing with relative ease.
In summary, crypto and stock markets share many similarities, and people who have experience investing in stocks may already have a good understanding of the basic concepts and principles involved in crypto investing. However, it's important for investors to be aware of the key differences between the two markets and to conduct thorough research and due diligence before investing in cryptocurrency. It's also important to keep in mind that crypto market is highly volatile and the value of cryptocurrencies can fluctuate significantly in a short period of time.
If someone is looking to get into crypto investing, one of the best ways to start is by researching and learning about the top 20 coins by market capitalization. These coins are typically the most widely traded and have the highest liquidity, making them a good starting point for new investors. By researching these coins, investors can gain a better understanding of the crypto market and the different coins that are available.
One of the key things to consider when getting into crypto investing is to take the time to understand the technology and the markets behind the coins. This includes learning about the underlying blockchain technology, the consensus mechanism used by the coin, the team behind the project, and the overall market sentiment. This type of due diligence will help investors make informed decisions about which coins to invest in and how much to invest.
It's also important for investors to avoid the trap of investing in coins simply because they look shiny or because they want an early retirement. Crypto investing is a high-risk endeavor and investors should be prepared for the possibility of losing their entire investment. It's important to invest only what one can afford to lose, and to have a clear understanding of the risks involved before making any investment.
