How Big Memecoins make Millionaires Overnight
by
in
September 24, 2024
The SEC’s recent approval of exchange-traded bitcoin investment funds (ETFs) is attracting growing numbers of new investors aware of the potential profitability of cryptocurrencies, and reflects the way that previous new technologies have quickly been adopted once initial fears are overcome. In response, The Economist is asking whether cryptocurrencies, like cockroaches, will now be with us until, or beyond, Doomsday.
The best advice I’ve ever heard in Crypto is:
“Have a long-term time horizon, learn how to take pain, and when there is pain, you buy more.”
Buying assets after they’ve crashed by 50% or more sounds crazy, but that’s often when the biggest opportunities appear.
It’s tough, it’s risky, and it goes against every instinct, but if you can keep adding to your position, you’ll enjoy the compounding effects later.
I’ve been deep in Crypto since 2017, and hands down, the ISM framework is the best tool out there. It gives you a 22-month head start on where things are going and provides a rock-solid roadmap.
The Institute for Supply Management runs a sentiment survey where over 50,000 execs running their company’s supply chains weigh in on key activity levels — things like employment, new orders, production, inventories, stock prices, backlog orders, and imports.
It tracks 400 U.S. manufacturing companies and gives a glimpse into their productivity expectations. It’s widely regarded as the most reliable indicator for predicting the economy. In this tracking index a few players stand out:
BlackRock and Microsoft just invested $30 Billion in the AI sector!
AI is not just the future — it’s the present, and major players like BlackRock and Microsoft are putting serious money behind it. And that $30 billion signals not only their faith in AI but also its growing influence across industries. You may have heard about the rise of AI in general, but what no one is telling you is how this massive investment is poised to transform crypto sector.
They’re pumping money into multiple AI projects, but no one is telling you about it.
I was able to find their wallets and discovered which tokens they accumulate.
These tokens represent the next wave of innovation — AI is no longer just a tech buzzword but a booming sector that’s intertwined with decentralized finance (DeFi) and Web3.
BlackRock, the world’s largest asset manager, has partnered with Microsoft to launch a $30B fund for AI investment. This collaboration will mobilize up to $100B, focusing on advancing AI for deep learning and large-scale data processing.
Digital Assets will play a major role in this upcoming market.
Be prepared.
You can start for free with download the app or install the extension form your PC browser
