Crypto Golden Age Inevitable
280: Do Not Miss This Brother
Hope everyone had a good weekend.
Every now and then we have a seismic market move that needs to be covered over other developments like news or geopolitics.
This crypto pump was one of them for sure.
Here’s the deal — I don’t know how much more clear I can be — but if you own ZERO crypto you are in for a world of hurt and FOMO in the next several years.
The use cases have been validated. The institutions proved they cared all all along. The SEC is getting owned in court and crumbling due to political pressure. Hedge funds are piling in. Retail is back fueling absurd multiples on animal coins. Bitcoin ETF flows are pumping again. The Ethereum ETF looks more likely now. The Wisconsin state board is considering aping into Bitcoin. The SEC is shifting with the political currents driven by an upcoming election.
Bitcoin is back over $70,000 and Ethereum is back over $3,600.
We’ve hit a paradigm shift in the crypto world.
Covid was a good test run and that bull cycle morphed into a massive money grab aided by loose fiscal policy and lockdowns. It came complete with exchange blow ups, ponzi schemes, the first round of meme coin madness, and eventually some apparent regulatory backlash and targeting. Now however, a profit bearing phoenix has risen from the ashes and shown the world it will not die so easily.
Wall Street and institutions pulled off a magnificent headfake, showing true interest at the depths of the bear market while simultaneously building infrastructure to take advantage of what’s to come.
If you’ve kept up with
and Arb Letter over the years then you’re ahead of most already. Our long term strategy of a heavy allocation to Bitcoin and Ethereum has completely performed legacy indices, stocks, and other assets.Our narratives and pointers on alts and meme coins have printed. This is one of the reasons I started Arb Letter — to share knowledge and basic practices that can change your life in a straightforward way.
Crypto believers have now been vindicated. The stars are aligning quickly and a massive opportunity is front of everyone. Some will seize it, some will write it off to their later regret.
Subscribers to Arb Letter have seen the following plays detailed multiple times in the last 6 months to a year:
PACMOON (PAC) +622.1% - Since March 27th (Airdrop play)
PEPE (PEPE) +20880.8% - Since last April
Bitcoin (BTC) + 165.1% in last year
Ethereum (ETH) +108.4% in last year
APU (Apu Apustaja) +116.6% in last 30 days
The amount of financial opportunity in crypto is completely unrivaled by legacy assets unless your some gifted turbo quant who got an offer from AQR in high school.
But let’s look forward for what comes next and how to play it.
Today I’ll chat through the following:
A quick note on Gamestop, equities, and what I think is going on
An overview of all the bullish news this week in crypto
How to position (in my opinion) for the latter half of the year
The emerging narratives that will be the next big pumps
Assets to keep an eye on
How to not be poor
Things have not yet hit the “mania” phase. If you’re sidelined now and think you have FOMO wait until Bitcoin is $100,000+ and Ethereum is over $7,000.
Come my disciples — it is time to punch your ticket to future mansions, lambos, and homesteads. The system is telling you what comes next — do not ignore it. Relying on traditional means to generate wealth like a 401k or S&P 500 index fund is unlikely to cut it in this new environment.
The turbo send across the board is coming quickly. Key players are positioning to benefit. Will you join us in Valhalla or be condemned to a life of wagie servitude and lunchables forever?
“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”
- Satoshi Nakomoto, Founder of Bitcoin