228. ETF & The 2 Million+ Person Waitlist
The Molesy Message
English - October 15, 2021 19:07 - 4 minutesInvesting Business Technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Investors,
It is hard to contain my excitement right now. The whole world is waking up to an asset class that will dominate the decade. The world is waking up to the new king of money.
As of writing, bitcoin is hovering around $61700 with no end to its strength in sight. Just 4 months ago, we were shaking in our boots wondering if we would see a low $20k or $15k bitcoin price. The famous Michael Burry was calling for a head and shoulders. Analysts were calling for a $10,000 BTC price. Investors were getting liquidated. Family and friends were selling.
Remember how you felt at $30,000? Write down all those emotions. Write down why you wanted to sell. The majority of the bearish pressure on bitcoin is gone. Bitcoin has been battled-tested by nation-states and high-level actors. There is only one way in our story. The way is up.
When you look up, there is a sense of wonder and hope. Bitcoin brings hope to a crazy world. Bitcoin and the recent ETF approvals bring trillions of AUM into the ecosystem.
The SEC still has to give the final stamp of approval but things look very promising.
All those financial advisors and traditional finance folks that doubted bitcoin will now be measured against its success. I am not going to lie, it feels f*****g good. 5+ years of patience, education, and discipline to get here. Bitcoin is here to stay. Bitcoin is here to outperform EVERYTHING.
Desperately trying to keep up and compete for attention is Ethereum and NFTs. I have grown bullish on both and maintain a small position. However, bitcoin is king and nothing competes with it as money.
That being said, you can’t ignore the 2 million person waitlist on Coinbase’s NFTs site.
I have secured a position in several projects. I am most bullish on:
MBS Solana
0N1 Force
Wassies
Art blocks flowers
Thugbirdz
Aurory
*NFTs are highly speculative. This is NOT financial advice. Most of you should stick to BTC only.
Lastly, my program is almost finished! I should have it read in the next 2 weeks :)
Have a great weekend everyone.
-Molesy
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