BLE$$ED

Thank you, X... To all XRP HODL who have less than 50K followers in X, please comment below "XRP", so my followers and I can follow you! This way you can get monetize and paid for posting in X. To all my followers, please follow all who commented. 🙏

Last week, "Bear Week," was a very rough week for me on X. It was a major turnoff for wanting to post on this platform. I'm in limbo on how I plan to use this platform moving forward. I will continue to share on YouTube and Newsletter, but still deciding how I want to handle X.

"Why do you still do it?" It's a good question. There are two main reasons: 1. I recognize that we are in a small window of opportunity, the likes of which we will likely never again see in our lifetimes, and this window will be closed soon (once this cycle ends). You can view the current crypto cycle akin to what the pre .com boom era was for the internet. That is to say while I think crypto is here to stay and there will be decades long bull cycles in the future, where we are now is at the tail end of the first secular bull cycle in Bitcoin's history. Like the .com boom, this is our generations chance to make obscene amounts of wealth in a relatively short period of time, and once it's over, I don't think it will come again. So with that being said, I view every hour spent grinding away now in this window of opportunity as 10 hours of work saved in my future. That is a trade off that I want to take advantage for as long as I can (until this cycle ends) and make the most of. 2. I like to teach, am passionate about crypto, and I don't have many friends irl that I can talk to about this stuff all day, so spending time here is like an outlet for me. I wouldn't be here if I wasn't passionate about this space so even after this bull cycle ends and when that window of opportunity closes- I may not spend as much time actively trading, but I'll certainly still be around.

HOT TAKE: Any alt-coin that was launched after 2017 HAS NEVER EXPERIENCED a full blown alt-season YET. Let me explain: People's perception of tokens based on age has been seriously skewed because so many think that 2021 was the "last cycle top" and that we are now in a "new cycle" so they think anything that didn't pump at the end of 2021 is a "dino coin" and/or "dead". Reality, imo, is that the last cycle top was in 2017, and so any coin made AFTER this time (like $TRAC which launched in 2018, $CRV, $CVX and so many others) has NEVER existed in an end-of-cycle post $BTC blow off top environment, which is when the BIGGEST gains are had on alts across the board. So you can't count these alts out or make assumptions about their performance while comparing it to what we saw in 2017 because up until now we haven't seen a similar environment/context to 2017 YET. That environment/context will be similar in the coming months, once $BTC has seen it's blow off top and completed its full 5 wave cycle that began at 3k in 2018. At THAT point in time, many alts that have never existed in a full blown alt season environment will experience it for the FIRST TIME, and we will see pumps that your mind can't even comprehend if you joined this space post 2017.

As the market continues to struggle to see TOTAL2 and the Russell 2000 break out, I have decided to take a defensive play. I am actively selling 1/3 of my entire crypto holdings until the market proves it can escape. In today's video, I expressed how it's such a "make or break" moment where the market is. This is the escape zone, or the rejection zone. It's the all-time high battle. Where markets turn euphoric and exciting or horrifyingly ugly. There are several bull cases, and several bear cases. But the market needs to prove itself from here. As we have finally reached September, it has been a month I always intended to take some profits in. I talked about it for months leading up to it. I make a lot of charts, but I'm not a "day trader." September 19th was the date that 95% of my crypto holdings reached Long Term Capital Gains tax status. Which means I've held 95% of my crypto for over a year. It was a date I anxiously waited for, frequently thinking "can it get here any faster?" And, we just so happen to be at a major resistance point and inflection level at the same time, making it technically appropriate as well. I rarely make trades, so this is a big deal for me. The last time I publicly did major sells was in March and April of 2024. But, with the market waddling here, unable to decide yet. I am left with this overwhelming feeling that I'm gambling by doing nothing and hoping and wishing for it to breakout. I don't like that feeling. And it feels like the right decision is for me to de-risk some, and await for it to break out, and then re-asses entries into coins I'm passionate about. Rather than this laundry list of things I own. But to be able to enter more precisely into the ones I really want if the breakout comes. You shouldn't rely on my choice of coins, as I just go based on data of user activity, social engagement, percentage drawdowns and developer activity. But I don't mind sharing them with you. The coins that interest me in the event of a breakout into all-time highs are XRP, SUI, ETH, LINK, ADA, and SOL. No small cap gems that'll 100X. (Sorry) Just simple boomer stuff. And no promises they'll do anything. I broadly went through my portfolio and reduced without favoring anything. Not as a restructuring for a bear, which of course could come, but just as a risk reduction in this environment of uncertainty while the market makes its decision. If we get the breakout in the Russell and TOTAL2, I have no problem flushing cash right back in to ride a breakout. It's merely 3% away for the Russell 2000 and 9% away for the altcoin market. But, I know this is the right decision for me with the level it is at, and the timing of where we are in September. Some coins I took major gains on. Some, I took losses. But in the end, my portfolio is near record highs after being in this market for 8+ years, and it feels appropriate. Hopefully in a week from now I'm quote tweeting this and saying "blasted cash back in." But till then, it's a waiting game for the market to dish out its cards.