Plenty of Heat Left in The Oven

Is the bull market still in the room with us? I'd say it is, though some of the peeps I know—both online and offline—would disagree. I called the bull market in early 2023, and while I had expected BTC to drop that low ($15,700) back in 2021 and 2022, I’m certain we ain’t done yet.

The problem is that most crypto investors refuse to think for themselves—whether it’s buying into certain coins or knowing when to exit. Instead, they just follow a bunch of crypto influencers on Twitter and get their brains filled with continuous, contradictory information.

Most so-called crypto gurus in 2024 claimed that the ETF-driven rally was moving so fast we’d peak that year. Well, that didn’t happen. I guess we should blame RSI for that—it only managed to hit around 80 points before the correction kicked in.

I do follow a few accounts from the crypto community on Twitter, but I try to stay away from those that push precise dates for tops and bottoms, exact price targets, or even worse—predict price action months in advance as if they’ve cracked some secret code.

As a crypto investor, I wouldn’t put too much weight on the media either. If you had based your investing decisions on the media in 2020, you would have missed one hell of a bull market. Same goes for the 2022–2023 bear market, when there were countless buying opportunities—all while the media was screaming about recession and depression.

Europe probably is still in a recession, but despite that, stocks are doing well, and crypto is on track for a 2017-style bull run. Just my personal opinion. Somehow, I feel like we shouldn’t compare this bull market to the 2020 one.

But if you do base your investments on news and propaganda, check out what just came out regarding Trump’s presidency—only a month in. He’s out there declaring left and right that he wants to make America the capital of crypto, talking about abolishing the IRS, and just yesterday, he mentioned something about giving Americans 20% of the funds the DOJ recovered from funds mishandled by the Biden administration.

I just said I wouldn’t compare this cycle to 2020–2021, but this whole free airdrop money thing Trump is talking about reminds me of COVID stimulus checks.

And honestly, he’ll probably go through with it. He looks desperate to fix everything Biden wrecked while also securing his legacy as the guy who made money rain for the American people.

Some crypto peeps are saying memes ruined the bull market. In reality, all they did was highlight the insane levels of degenerate gambling in this space—and maybe even push investors toward projects that at least promise to do something.

The memes of this cycle are basically the ICOs of 2016, IMO. And I’ll only consider the bull market over when the majority starts seeing no ceiling to how high prices can go.

Remember, being fearful when others are greedy and greedy when others are fearful is one of the best strategies out there. Write it down so you don’t get carried away once euphoria kicks in…

I’ve got my exit plan ready—just waiting for the market to do its thing.

Have a great day, and catch you all next time.

Thanks for your attention,
Adrian