Good morning, afternoon, & evening to you all. Welcome back to the most random newsletter on the internet. Got 4 mins? Let’s cover crypto price action, nfts, and how the government makes me want to rip my hair out.
Why am I bullish on Q4 for crypto? It’s really simple in my mind…
The narratives to have it moon are already in place.
Another thing that people need to remember about the stock and crypto markets (and nft)
Just remember the money flows in cycles, if you don’t know what that means, look at this diagram I’ve been working on in the tweet below.
Let’s put crypto price action aside for a moment.
Honestly the bigger concern for me longterm isn’t the viability of bitcoin, crypto, or nfts as useful technology. It’s the fact that we have people in power who are NOT acting in the best interest of the the nation or its people.
Want to see what would be considered a potential felony if Warren has her way? This offer I turned down last week.
They also want to tax UNREALIZED gains in your portfolio.
Let me run a scenario by you. You’re a young adult in your 20s. You purchased bitcoin when it was fairly cheap. You’ve never sold any of it, and only purchased to hold. Now your bitcoin is worth 6 or 7 digits. Well now… they want to propose a bill that would allow for the taxation of those gains before you even take it out. Imagine a 5 or 6 digit tax bill and not being able to afford it for something you never used? RIDICULOUS.
I’m sorry, but if you’re 72 years old and come from money and have old money backing your campaign, you need to get out. You don’t have the interest of me, my family, my friends, or the future generations in mind.
ANYWAY let’s switch topics to something more fun. I made an NFT Art gallery, you can check it out below!
I’ve been thinking a lot about NFTs in relation to investing and I wrote up a thread about how there are a lot of similarities to when it comes to deciding on which project to invest in.
Something else I want to do on Twitter for fun is probably something along the lines of…
I also want to share with you a recent piece I bought and also highlight a super talented artist just jumping into NFTs!
Helped a friend get her OpenSea setup and answer all of her entry level NFT questions. Also had the pleasure of buying the first piece.
Lastly I’ll end with these four messages…
Same time next week?
You’ve made it this far on my word vomit newsletter? I appreciate you! I’ll be back next week with the next edition of the most random newsletter on the internet.
If you like the content, share it with someone else you think might enjoy it and if you haven’t subscribed yet, would really appreciate that as well!
Much love to you all,
~Adam