As we have said many times, off-season is the best time to make hay and get into the zone.
The simps go to sleep, while winners come out to win.
Yet another hat-trick yesterday ⬇️
https://www.flashscore.com/match/Uwg3UlGd/#/match-summary ✅
https://www.flashscore.com/match/WtrlnRUI/#/match-summary ✅✅
https://www.flashscore.com/match/6H7QFNkU/#/match-summary ✅✅✅
The simps go to sleep, while winners come out to win.
Yet another hat-trick yesterday ⬇️
https://www.flashscore.com/match/Uwg3UlGd/#/match-summary ✅
https://www.flashscore.com/match/WtrlnRUI/#/match-summary ✅✅
https://www.flashscore.com/match/6H7QFNkU/#/match-summary ✅✅✅
*Quick Predictions Regarding Magic Internet Coinz*
Diego thinks the bitcoin bottom could be around US$15,000, and this will happen within the next 6 months.
Jan 2023** onwards should see the beginning of a new phase of steady rise, as we approach the next bitcoin halving in Q1 2024.
(**~15 months prior to halving seems to be a good time to start buying, rather than closer to 2024 when the masses start chattering about halving)
In other words, 6 months left to accumulate as much cash as possible (so join Team Diego now). If you can get in at $15k, that's potentially a 10X life-changing return (i.e. BTC at $150k by end of 2024).
Don't need to try to time the exact bottom as all these are merely crystal ball gazing. One can always dollar-cost average (buying fixed amount of coinz every week/month).
Millionaires are born in times of market crashes. Buy when the masses have given up and nobody is paying attention anymore. Good luck!
-----
P/S: Join Team Diego to start making good money betting on draws if you haven't done so yet. It's possible to prosper while 3 old dudes with a literal combined age of 231 (Biden + Fauci + Powell. Yes, did the math) destroy the world!
We gonna win so many draws over the next few months that will make football betting look like a joke.
Diego thinks the bitcoin bottom could be around US$15,000, and this will happen within the next 6 months.
Jan 2023** onwards should see the beginning of a new phase of steady rise, as we approach the next bitcoin halving in Q1 2024.
(**~15 months prior to halving seems to be a good time to start buying, rather than closer to 2024 when the masses start chattering about halving)
In other words, 6 months left to accumulate as much cash as possible (so join Team Diego now). If you can get in at $15k, that's potentially a 10X life-changing return (i.e. BTC at $150k by end of 2024).
Don't need to try to time the exact bottom as all these are merely crystal ball gazing. One can always dollar-cost average (buying fixed amount of coinz every week/month).
Millionaires are born in times of market crashes. Buy when the masses have given up and nobody is paying attention anymore. Good luck!
-----
P/S: Join Team Diego to start making good money betting on draws if you haven't done so yet. It's possible to prosper while 3 old dudes with a literal combined age of 231 (Biden + Fauci + Powell. Yes, did the math) destroy the world!
We gonna win so many draws over the next few months that will make football betting look like a joke.
*US$2,200 Up For Grabs! Show Your Expertise By Writing For Our Blog - World Cup 2022 Contest*
If you are a good writer, have an analytical brain, and knowledgable about football - listen up.
Here's an opportunity to win some cash by contributing a short article to our Team Diego blog (www.jkdgo.com/blog).
Read details ⬇️
✅All contributions must be YOUR ORIGINAL WORK and shall not be published anywhere else. Plagiarism-free writing only.
✅By taking part in this contest, Diego and jkdgo.com will have the rights to publish your article (in part or in full). In the event you are selected as one of the winners of this contest, you may not attempt to resubmit your work to other platforms without our express permission.
✅Total Prize Pool: $2,200 - to be divided among chosen entries. Each winner stands to earn between $100 to $700.
✅Mode of Prize Money delivery: PayPal
✅Deadline: 17 July 2022
✅Submission: Only through www.jkdgo.com/contact (Pls indicate "World Cup 2022 Contest" as subject line and fill in your email address with no typos)
✅Word Limit / Language: No word limit but please be concise! And please, articles in English only. Thanks!
✅Other Opportunities: Exceptionally good and smart writers may even be given further work opportunities.
---
I'm looking for thoughtful analysis and/or data-driven insights regarding betting on World Cup 2022.
The categories below are not set in stone, so feel free to be creative and think out of the box.
You can use them as a guide and focus on tackling 1 of the 3 categories.
⭐FIFA WORLD CUP QATAR 2022 PREVIEW
- This would be a carefully researched piece previewing the tournament. E.g. teams, players, managers / different groups in the group stage / interesting titbits, stats / history of tournament / key personnels to watch out.
⭐BEST BETTING SYSTEMS/STRATEGIES FOR 2022 WORLD CUP
- Pls include relevant data and not just a listing of generic betting strategies. E.g. how would your strategy have performed in previous world cups (use more than 1 data point, not just the 2018 WC).
4 years ago I split the strategies into group stage and play-offs. You can consider something like that - https://jkdgo.com/world-cup-betting-tips-2018/
⭐WORLD CUP 2022 BETTING TIPS/PREDICTIONS
- Pls include relevant commentary and analysis, not just a listing of your predictions. You may include predictions such as betting on the overall winner, group stage winners, golden boot, or other special bets the bookies are having. Include the odds and reasons for the tips.
---
If your article is used (in part or in full), you will be awarded between 100 USD to 700 USD.
Total prize pool of 2,200 USD will be given out. Good luck!
If you are a good writer, have an analytical brain, and knowledgable about football - listen up.
Here's an opportunity to win some cash by contributing a short article to our Team Diego blog (www.jkdgo.com/blog).
Read details ⬇️
✅All contributions must be YOUR ORIGINAL WORK and shall not be published anywhere else. Plagiarism-free writing only.
✅By taking part in this contest, Diego and jkdgo.com will have the rights to publish your article (in part or in full). In the event you are selected as one of the winners of this contest, you may not attempt to resubmit your work to other platforms without our express permission.
✅Total Prize Pool: $2,200 - to be divided among chosen entries. Each winner stands to earn between $100 to $700.
✅Mode of Prize Money delivery: PayPal
✅Deadline: 17 July 2022
✅Submission: Only through www.jkdgo.com/contact (Pls indicate "World Cup 2022 Contest" as subject line and fill in your email address with no typos)
✅Word Limit / Language: No word limit but please be concise! And please, articles in English only. Thanks!
✅Other Opportunities: Exceptionally good and smart writers may even be given further work opportunities.
---
I'm looking for thoughtful analysis and/or data-driven insights regarding betting on World Cup 2022.
The categories below are not set in stone, so feel free to be creative and think out of the box.
You can use them as a guide and focus on tackling 1 of the 3 categories.
⭐FIFA WORLD CUP QATAR 2022 PREVIEW
- This would be a carefully researched piece previewing the tournament. E.g. teams, players, managers / different groups in the group stage / interesting titbits, stats / history of tournament / key personnels to watch out.
⭐BEST BETTING SYSTEMS/STRATEGIES FOR 2022 WORLD CUP
- Pls include relevant data and not just a listing of generic betting strategies. E.g. how would your strategy have performed in previous world cups (use more than 1 data point, not just the 2018 WC).
4 years ago I split the strategies into group stage and play-offs. You can consider something like that - https://jkdgo.com/world-cup-betting-tips-2018/
⭐WORLD CUP 2022 BETTING TIPS/PREDICTIONS
- Pls include relevant commentary and analysis, not just a listing of your predictions. You may include predictions such as betting on the overall winner, group stage winners, golden boot, or other special bets the bookies are having. Include the odds and reasons for the tips.
---
If your article is used (in part or in full), you will be awarded between 100 USD to 700 USD.
Total prize pool of 2,200 USD will be given out. Good luck!
I do hope there will be enough serious entries received. Pls note only entries we intend on using for our blog will be replied to. If we like your entry, we will respond within a week.
Since this is Diego's blog, we can only accept *high quality* articles, if all fall short then Diego has no choice but to get off his butt and do the writing himself (which he rather not, due to more important tasks such as thinking whether wearing 2 masks during sex can prevent monkeypox).
* * *
Oh btw, another 5 draws in a row to end June/start July.
June 2022 results may require several years to compile due to a tremendously ridiculous amount of draws won. 😆😆😆
You can sleep like the bookies/Sleepy Joe or you can join Team Diego and win!
Since this is Diego's blog, we can only accept *high quality* articles, if all fall short then Diego has no choice but to get off his butt and do the writing himself (which he rather not, due to more important tasks such as thinking whether wearing 2 masks during sex can prevent monkeypox).
* * *
Oh btw, another 5 draws in a row to end June/start July.
June 2022 results may require several years to compile due to a tremendously ridiculous amount of draws won. 😆😆😆
You can sleep like the bookies/Sleepy Joe or you can join Team Diego and win!
July just began and yet another hat-trick in the bag.
No wonder we are the most copied/imitated in the world of soccer betting (if not the entire world of sports betting).
For the past 6 years - often imitated, never duplicated. Lol!
Yesterday's picks (4 out of 4) 🔥⬇️
https://www.flashscore.com/match/z7fm7Ubq/#/match-summary ✅
https://www.flashscore.com/match/hjmDyvCj/#/match-summary ✅
https://www.flashscore.com/match/YDvM5P9q/#/match-summary ✅
https://www.flashscore.com/match/IyovWHCO/#/match-summary ✅
No wonder we are the most copied/imitated in the world of soccer betting (if not the entire world of sports betting).
For the past 6 years - often imitated, never duplicated. Lol!
Yesterday's picks (4 out of 4) 🔥⬇️
https://www.flashscore.com/match/z7fm7Ubq/#/match-summary ✅
https://www.flashscore.com/match/hjmDyvCj/#/match-summary ✅
https://www.flashscore.com/match/YDvM5P9q/#/match-summary ✅
https://www.flashscore.com/match/IyovWHCO/#/match-summary ✅
*Short Series On Magic Internet Coinz - Part 2*
In Part 1 (https://t.me/teamdiego/1015), we discussed the potential life-changing returns. All these should play out within the next 36 months or so (from now till Mid 2025 or end 2025).
Don't be fooled by the 2025 timeline. We are actually running out of time. Which is what I will try to illustrate in Part 2 of this series here.
-----
*Observations/Patterns of Past Bitcoin Halving Cycles*
For July 2016 halving, BTC bottomed in *Jan 2015* (18 months before halving). That was also 13 months after the ATH in Dec 2013.
For May 2020 halving, BTC bottomed in *Dec 2018* (17 months before halving). That was also 12 months after the ATH in Dec 2017.
This puts the estimated BTC bottom (before 2024 halving) at around *Nov 2022*.
--
Other notes:
Nov 2012 halving took about 12 months to reach ATH, and then 13 months to bottom.
July 2016 halving took about 17 months to reach ATH, and then 12 months to bottom.
May 2020 halving took about 18 months to reach ATH, and then ???? to bottom.
Reminder: The current ATH of $69,000 took place in Nov 2021, so we are fast approaching the 1 year mark. Which is why I plan to start going in bigly from Oct 2022 onwards.
-----
Part 3 and Part 4 will be posted on the next two Mondays. Stay tuned.
In Part 1 (https://t.me/teamdiego/1015), we discussed the potential life-changing returns. All these should play out within the next 36 months or so (from now till Mid 2025 or end 2025).
Don't be fooled by the 2025 timeline. We are actually running out of time. Which is what I will try to illustrate in Part 2 of this series here.
-----
*Observations/Patterns of Past Bitcoin Halving Cycles*
For July 2016 halving, BTC bottomed in *Jan 2015* (18 months before halving). That was also 13 months after the ATH in Dec 2013.
For May 2020 halving, BTC bottomed in *Dec 2018* (17 months before halving). That was also 12 months after the ATH in Dec 2017.
This puts the estimated BTC bottom (before 2024 halving) at around *Nov 2022*.
--
Other notes:
Nov 2012 halving took about 12 months to reach ATH, and then 13 months to bottom.
July 2016 halving took about 17 months to reach ATH, and then 12 months to bottom.
May 2020 halving took about 18 months to reach ATH, and then ???? to bottom.
Reminder: The current ATH of $69,000 took place in Nov 2021, so we are fast approaching the 1 year mark. Which is why I plan to start going in bigly from Oct 2022 onwards.
-----
Part 3 and Part 4 will be posted on the next two Mondays. Stay tuned.
*Short Series On Magic Internet Coinz - Part 3*
My view towards crypto in general is *not* ideological. People on both sides of the divide will hate what I say. Let me briefly explain.
The pro-crypto hardcore libertarians are ideological. They believe fervantly in *decentralization*.
I'm not ideological. I'm pragmatic. Decentralization will never happen because humans are humans. If you can wave a magic wand and make all the governments of the world disappear - I'd bet my last dollar that within a year, human beings will start coming together and electing governments again. It's pure human nature.
On the other side, you have the Warren Buffetts type calling magic internet coinz worthless because unlike stocks, they ultimately do not produce anything. This is true, but even Buffett would admit that he wouldn't short bitcoin because even if it eventually goes to zero, a lot of money can still be made in the meantime.
Therefore, they don't touch crypto because they are ideological. I'm pragmatic. I look at the halving cycles (Part 2 of this series) and say, this is a once-in-a-generation chance to get ahead.
Now. Every halving cycle that comes by, I treat it as though it could be the last chance to make life-changing returns. We have been through 3 cycles so far, and most people (including me) would only have experienced the last 2 cycles in 2016 and 2020.
(If you were there during the 2012 cycle, you are either a hardcore libertarian or you sell drugs over the internet. Lol.)
The future:
Why do I say the next cycle could well be the last one we have to multiply our money?
Because in the longer term, there are 2 possibilities.
1) The anti-crypto people are right and coinz all go to zero.
2) The pro-crypto people are right and there is massive adoption by the world.
Wait, isn't that good? Not really. Understand this - the upside is only tremendous now because we are still climbing the adoption curve. If/When the day arrives where bitcoin has reached mass adoption, its market cap would be in the trillions (similar to gold).
Do you know anyone getting rich in the past 10 years buying gold? Neither do I.
By then, bitcoin would be behaving like digital gold (as a store-of-value), rather than a high growth tech stock where you can 10X your money.
So whichever thesis turns out to be correct, the party will eventually end.
(If you ask my personal opinion - the truth is probably somewhere in between. Crypto will remain a niche asset. BTC's market cap will probably max out after one or two more halving cycles. As a wild guess, I'd say around $4 trillion - which would put each BTC at $200k.)
-----
Part 4 (the most important part) will be posted next Monday.
My view towards crypto in general is *not* ideological. People on both sides of the divide will hate what I say. Let me briefly explain.
The pro-crypto hardcore libertarians are ideological. They believe fervantly in *decentralization*.
I'm not ideological. I'm pragmatic. Decentralization will never happen because humans are humans. If you can wave a magic wand and make all the governments of the world disappear - I'd bet my last dollar that within a year, human beings will start coming together and electing governments again. It's pure human nature.
On the other side, you have the Warren Buffetts type calling magic internet coinz worthless because unlike stocks, they ultimately do not produce anything. This is true, but even Buffett would admit that he wouldn't short bitcoin because even if it eventually goes to zero, a lot of money can still be made in the meantime.
Therefore, they don't touch crypto because they are ideological. I'm pragmatic. I look at the halving cycles (Part 2 of this series) and say, this is a once-in-a-generation chance to get ahead.
Now. Every halving cycle that comes by, I treat it as though it could be the last chance to make life-changing returns. We have been through 3 cycles so far, and most people (including me) would only have experienced the last 2 cycles in 2016 and 2020.
(If you were there during the 2012 cycle, you are either a hardcore libertarian or you sell drugs over the internet. Lol.)
The future:
Why do I say the next cycle could well be the last one we have to multiply our money?
Because in the longer term, there are 2 possibilities.
1) The anti-crypto people are right and coinz all go to zero.
2) The pro-crypto people are right and there is massive adoption by the world.
Wait, isn't that good? Not really. Understand this - the upside is only tremendous now because we are still climbing the adoption curve. If/When the day arrives where bitcoin has reached mass adoption, its market cap would be in the trillions (similar to gold).
Do you know anyone getting rich in the past 10 years buying gold? Neither do I.
By then, bitcoin would be behaving like digital gold (as a store-of-value), rather than a high growth tech stock where you can 10X your money.
So whichever thesis turns out to be correct, the party will eventually end.
(If you ask my personal opinion - the truth is probably somewhere in between. Crypto will remain a niche asset. BTC's market cap will probably max out after one or two more halving cycles. As a wild guess, I'd say around $4 trillion - which would put each BTC at $200k.)
-----
Part 4 (the most important part) will be posted next Monday.
*Short Series On Magic Internet Coinz - Part 4*
My mission here is to help as many people as possible "make it". Hopefully after 2025 or whenever I hit 8-figures, I will disappear from the internet forever. Those who haven't made it by then would have to figure out on their own.
That's why if you haven't yet, get started by joining Team Diego, betting on draws and accumulating as much cash as possible to get ready for the next 36 months.
One reason I discussed being ideological vs being pragmatic in Part 3 of the series is because I'm going to make recommendations that the crypto purists will hate.
But I'm pragmatic and want as many people here to benefit as possible. And the fact is only a very small percentage of people will ever want to touch coinz or learn how to deal with coinz.
So here will be the specific recommendations on how to take advantage of all these if you are more comfortable dealing with stocks.
(From the data I have, the median age of my audience is in the 30s, but we have a significant proportion who are in their 40s to 50s who might rather skip the crypto nonsense and deal with stocks instead.)
Nothing I say here constitutes financial advice and you should consult your own financial advisor and do your own research.
* * * * *
1) Instead of buying bitcoin, you can get a bitcoin spot ETF. Unfortunately the US regulators will probably not approve a bitcoin spot ETF anytime soon (they have only approved bitcoin futures ETFs and you don't want to touch those).
So for those who have access to the Canadian markets, you can get a bitcoin spot ETF on the Toronto Stock Exchange such as TSE: BTCC.U.
BTCC.U is the USD version that I prefer simply because I have all my cash savings in USD and can skip all the forex conversion.
For those who prefer, there are CAD denominated versions of the same ETF.
* * * * *
2) For those with a much bigger risk appetite, you can allocate a portion of your funds into NASDAQ: MARA.
That's the biggest US-listed bitcoin mining company. Let me explain. Betting on MARA is like taking a leveraged bet on bitcoin. In other words, it's a lot risker and will amplify your returns (in both directions).
So in a bear market, MARA will crash way harder than bitcoin does. But the magic happens in a post-halving bull market where MARA has historically delivered multiples of bitcoin's returns.
Bear in mind you're taking on a lot more risk if buying MARA in a bear market. For instance, if bitcoin prices crash lower and remain there for a significant period of time, no one can guarantee these mining businesses can stay afloat until the next bull market.
I do have my own metrics to determine when is the best risk/reward ratio to enter into MARA but it would be beyond the scope of this mini series.
-----
Interesting note: August is coming up, and could see the Mt Gox selling that leads us to a bottom.
Get your funds ready -
https://medium.datadriveninvestor.com/the-event-that-could-change-crypto-forever-is-here-9e7edf9c8647
My mission here is to help as many people as possible "make it". Hopefully after 2025 or whenever I hit 8-figures, I will disappear from the internet forever. Those who haven't made it by then would have to figure out on their own.
That's why if you haven't yet, get started by joining Team Diego, betting on draws and accumulating as much cash as possible to get ready for the next 36 months.
One reason I discussed being ideological vs being pragmatic in Part 3 of the series is because I'm going to make recommendations that the crypto purists will hate.
But I'm pragmatic and want as many people here to benefit as possible. And the fact is only a very small percentage of people will ever want to touch coinz or learn how to deal with coinz.
So here will be the specific recommendations on how to take advantage of all these if you are more comfortable dealing with stocks.
(From the data I have, the median age of my audience is in the 30s, but we have a significant proportion who are in their 40s to 50s who might rather skip the crypto nonsense and deal with stocks instead.)
Nothing I say here constitutes financial advice and you should consult your own financial advisor and do your own research.
* * * * *
1) Instead of buying bitcoin, you can get a bitcoin spot ETF. Unfortunately the US regulators will probably not approve a bitcoin spot ETF anytime soon (they have only approved bitcoin futures ETFs and you don't want to touch those).
So for those who have access to the Canadian markets, you can get a bitcoin spot ETF on the Toronto Stock Exchange such as TSE: BTCC.U.
BTCC.U is the USD version that I prefer simply because I have all my cash savings in USD and can skip all the forex conversion.
For those who prefer, there are CAD denominated versions of the same ETF.
* * * * *
2) For those with a much bigger risk appetite, you can allocate a portion of your funds into NASDAQ: MARA.
That's the biggest US-listed bitcoin mining company. Let me explain. Betting on MARA is like taking a leveraged bet on bitcoin. In other words, it's a lot risker and will amplify your returns (in both directions).
So in a bear market, MARA will crash way harder than bitcoin does. But the magic happens in a post-halving bull market where MARA has historically delivered multiples of bitcoin's returns.
Bear in mind you're taking on a lot more risk if buying MARA in a bear market. For instance, if bitcoin prices crash lower and remain there for a significant period of time, no one can guarantee these mining businesses can stay afloat until the next bull market.
I do have my own metrics to determine when is the best risk/reward ratio to enter into MARA but it would be beyond the scope of this mini series.
-----
Interesting note: August is coming up, and could see the Mt Gox selling that leads us to a bottom.
Get your funds ready -
https://medium.datadriveninvestor.com/the-event-that-could-change-crypto-forever-is-here-9e7edf9c8647
*Short Series On Magic Internet Coinz - Part 5*
Diego's Pick For Most Promising Alt Coinz?
Most alt coins are pump-and-dump scams. They pump, dump, and fizzle out. Never to reclaim their All-Time-Highs.
The legit ones exhibit the same characteristics of Bitcoin/Amazon - they have the ability to survive multiple cycles, multiple 90% crashes, only to come back with a higher ATH in the next cycle.
I first got into Chainlink (LINK) in late 2017 - that's almost right after their token first came on the market. I have seen LINK at $0.20, and have seen LINK at $50 at its ATH (that's 250X).
The good news is that it has come down to $6+ now, which is still a 30X away from its highest potential of $200 in my view. Possibly my favourite alt coin going into the next cycle, more so than ETH.
The two main advantages over ETH are:
1) LINK has no real competitors.
Unlike ETH which has a strong line-up of competitors ready to dethrone them, Chainlink has what Warren Buffett calls a "moat".
Their nearest competitors are analogous to Team Diego's draw betting copycats. In other words - amateurs.
2) Ability to outperform BTC.
Now. The only real pragmatic reason to invest in any other crypto would be if you see its potential to outperform BTC in the next cycle.
In this regard, ETH is already at half the market cap of BTC. So even if you believe ETH can reach the size of BTC (I don't think so), they can only outperform BTC by a factor of 2X.
LINK, on the other hand, should be able to outperform BTC by 4X in my estimates. This means if BTC does a 7.5X from now till 2025, LINK could do a 30X.
MARA (as discussed last week) could do a 15X in my view (outperforming BTC by 2X) if nothing goes wrong with the mining business (and the US govt doesn't come up with new strange regulations).
Diego's Pick For Most Promising Alt Coinz?
Most alt coins are pump-and-dump scams. They pump, dump, and fizzle out. Never to reclaim their All-Time-Highs.
The legit ones exhibit the same characteristics of Bitcoin/Amazon - they have the ability to survive multiple cycles, multiple 90% crashes, only to come back with a higher ATH in the next cycle.
I first got into Chainlink (LINK) in late 2017 - that's almost right after their token first came on the market. I have seen LINK at $0.20, and have seen LINK at $50 at its ATH (that's 250X).
The good news is that it has come down to $6+ now, which is still a 30X away from its highest potential of $200 in my view. Possibly my favourite alt coin going into the next cycle, more so than ETH.
The two main advantages over ETH are:
1) LINK has no real competitors.
Unlike ETH which has a strong line-up of competitors ready to dethrone them, Chainlink has what Warren Buffett calls a "moat".
Their nearest competitors are analogous to Team Diego's draw betting copycats. In other words - amateurs.
2) Ability to outperform BTC.
Now. The only real pragmatic reason to invest in any other crypto would be if you see its potential to outperform BTC in the next cycle.
In this regard, ETH is already at half the market cap of BTC. So even if you believe ETH can reach the size of BTC (I don't think so), they can only outperform BTC by a factor of 2X.
LINK, on the other hand, should be able to outperform BTC by 4X in my estimates. This means if BTC does a 7.5X from now till 2025, LINK could do a 30X.
MARA (as discussed last week) could do a 15X in my view (outperforming BTC by 2X) if nothing goes wrong with the mining business (and the US govt doesn't come up with new strange regulations).
July 2022 results
No wonder THE BOOKIES HATE US!
Squeezing out draw after draw, even during off-season. Classic Team Diego. 👏👏👏
No wonder THE BOOKIES HATE US!
Squeezing out draw after draw, even during off-season. Classic Team Diego. 👏👏👏
*Part 6/Addendum*
Full disclosure: I am already starting to go in bigly into some of these things we have discussed with some of my ammo (cash reserves) since last month.
In short - no harm entering halfway first. And if there is a further crash to perhaps $15k, enter with the other half of your stash of cash.
⭐⭐⭐⭐⭐
I think those waiting for the bottom may look back next year and find that the bottom was already in on 16th June 2022 (when S&P was at 3,666 and BTC went down to $18k that weekend).
Of course I may be completely wrong. But my reasons are as follows:
1) There's no need to be greedy and try to go in at the exact bottom.
As those of you who have been here long enough know, I went in bigly into BTC prior to 2020 halving around $6-$7k. That was already more than 2X from the $3k bottom.
Still turned out fine in the end.
⭐⭐⭐⭐⭐
2) The more everyone says something, the more my gut tells me that the opposite is true.
In this instance, everyone calling for a bigger crash makes me think the bottom is already in.
The corollary to this is the well-known joke during bull markets (if you're in crypto long enough you will know) - "When your relatives start asking you how to buy coinz, the top must be in."
⭐⭐⭐⭐⭐
3) This is quite a technical point but to summarize: some metrics/models actually show that the "real" bitcoin top was in April 2021 (when it hit $63k). Of course numerically it did hit a higher number in Nov 2021.
If April 2021 should be considered the actual top, then a June 2022 bottom with 14 months from top-to-bottom would fit very nicely with previous halving timelines.
There is also a possibility of a "double bottom" to correspond with the double top. This could mean June 2022 + a further buy-in opportunity end of the year. Which is why I'm only 50% in and waiting-and-seeing with the rest of my cash.
⭐⭐⭐⭐⭐
4) Seems to me almost everything is already priced in (interest rate hikes, recession fears, lower corporate earnings, blah blah blah).
(The big assumption here of course is that crypto bottom coincides with stock market bottom)
The only way things could get worse would be if Joe Brandon discovers an Immortality Pill and use it to become communist-in-chief for life.
Fortunately for us, unlike stocks, there is one thing in crypto that cannot be priced in. Which is the upcoming bitcoin halving in 2024.
As we have discussed here back in 2020, there is no "buy the rumour, sell the news" for halving.
Halving is not an "event". It is an actual economic change to the supply of bitcoin. That's what makes it so powerful.
In fact, if it is something that could be fully priced in, we would be seeing price of coinz pumping prior to halving and then crashing on the day of the halving or the day after. Instead of the 12-18 months bull run post-halving.
So take advantage of this. Good luck!
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Fun Fact: Nobody can call the exact bottom but Obama came very close to that.
On 3 March 2009, Obama said at a press conference: "What you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
3 days later was the exact bottom with S&P hitting 666 on 3/6 (March 6 2009)
If 2022 bottom was indeed 3666 on 6/16 (June 16 2022), the universe is trolling us. Just don't expect Brandon to call any bottom. He doesn't even know what to call his wife.
P/S: Ironically, The Street published this on 17th June telling people not to time the bottom. Might turn out to be this time's "Obama moment" lol - thestreet.com/investing/why-you-shouldnt-try-to-time-a-stock-market-bottom
Full disclosure: I am already starting to go in bigly into some of these things we have discussed with some of my ammo (cash reserves) since last month.
In short - no harm entering halfway first. And if there is a further crash to perhaps $15k, enter with the other half of your stash of cash.
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I think those waiting for the bottom may look back next year and find that the bottom was already in on 16th June 2022 (when S&P was at 3,666 and BTC went down to $18k that weekend).
Of course I may be completely wrong. But my reasons are as follows:
1) There's no need to be greedy and try to go in at the exact bottom.
As those of you who have been here long enough know, I went in bigly into BTC prior to 2020 halving around $6-$7k. That was already more than 2X from the $3k bottom.
Still turned out fine in the end.
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2) The more everyone says something, the more my gut tells me that the opposite is true.
In this instance, everyone calling for a bigger crash makes me think the bottom is already in.
The corollary to this is the well-known joke during bull markets (if you're in crypto long enough you will know) - "When your relatives start asking you how to buy coinz, the top must be in."
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3) This is quite a technical point but to summarize: some metrics/models actually show that the "real" bitcoin top was in April 2021 (when it hit $63k). Of course numerically it did hit a higher number in Nov 2021.
If April 2021 should be considered the actual top, then a June 2022 bottom with 14 months from top-to-bottom would fit very nicely with previous halving timelines.
There is also a possibility of a "double bottom" to correspond with the double top. This could mean June 2022 + a further buy-in opportunity end of the year. Which is why I'm only 50% in and waiting-and-seeing with the rest of my cash.
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4) Seems to me almost everything is already priced in (interest rate hikes, recession fears, lower corporate earnings, blah blah blah).
(The big assumption here of course is that crypto bottom coincides with stock market bottom)
The only way things could get worse would be if Joe Brandon discovers an Immortality Pill and use it to become communist-in-chief for life.
Fortunately for us, unlike stocks, there is one thing in crypto that cannot be priced in. Which is the upcoming bitcoin halving in 2024.
As we have discussed here back in 2020, there is no "buy the rumour, sell the news" for halving.
Halving is not an "event". It is an actual economic change to the supply of bitcoin. That's what makes it so powerful.
In fact, if it is something that could be fully priced in, we would be seeing price of coinz pumping prior to halving and then crashing on the day of the halving or the day after. Instead of the 12-18 months bull run post-halving.
So take advantage of this. Good luck!
⭐⭐⭐⭐⭐
Fun Fact: Nobody can call the exact bottom but Obama came very close to that.
On 3 March 2009, Obama said at a press conference: "What you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
3 days later was the exact bottom with S&P hitting 666 on 3/6 (March 6 2009)
If 2022 bottom was indeed 3666 on 6/16 (June 16 2022), the universe is trolling us. Just don't expect Brandon to call any bottom. He doesn't even know what to call his wife.
P/S: Ironically, The Street published this on 17th June telling people not to time the bottom. Might turn out to be this time's "Obama moment" lol - thestreet.com/investing/why-you-shouldnt-try-to-time-a-stock-market-bottom
*Finale/Part 7*
Very good read ⬇️
https://www.cnbc.com/2022/07/02/bitcoin-family-say-they-lost-1-million-in-value-this-year.html
This article was published after I posted Part 1 of our Short Series. Yet his price target for the bottom and prediction for 2025 top are almost identical to mine.
For those who are slightly smarter/experienced, you'd know people like us tend to be overly optimistic. In other words, if the consensus is $150k peak, then you can probably expect the peak to be closer to $110k. 🤣
Not too bad if true. Still a 5X for BTC, perhaps 10X for MARA & 20X for LINK etc.
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Anyway... ICYMI here are the links to all the parts of our *Short Series On Magic Internet Coinz* ⬇️
Part 1: https://t.me/teamdiego/1015
Part 2: https://t.me/teamdiego/1024
Part 3: https://t.me/teamdiego/1025
Part 4: https://t.me/teamdiego/1026
Part 5: https://t.me/teamdiego/1028
Part 6: https://t.me/teamdiego/1032
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This is the final coinz related post. Nothing much to say. If you have followed the plan, joined Team Diego, and have been betting on draws - would have made massive amounts of cash to put into the things we discussed. LINK/MARA both up something like 30% just in the past week.
Hold for the next 2.5 years (next ATH probably towards the end of Q1 2025, too early to say now). Buy more whenever you have cash. That's all. Very simple plan to try to 10X or 20X your wealth - make it or die trying.
Back to football. World Cup coming up. Followed by Manchester United's relegation to the Championship. Fun! 🤣🤣🤣
Very good read ⬇️
https://www.cnbc.com/2022/07/02/bitcoin-family-say-they-lost-1-million-in-value-this-year.html
This article was published after I posted Part 1 of our Short Series. Yet his price target for the bottom and prediction for 2025 top are almost identical to mine.
For those who are slightly smarter/experienced, you'd know people like us tend to be overly optimistic. In other words, if the consensus is $150k peak, then you can probably expect the peak to be closer to $110k. 🤣
Not too bad if true. Still a 5X for BTC, perhaps 10X for MARA & 20X for LINK etc.
⭐⭐⭐⭐⭐
Anyway... ICYMI here are the links to all the parts of our *Short Series On Magic Internet Coinz* ⬇️
Part 1: https://t.me/teamdiego/1015
Part 2: https://t.me/teamdiego/1024
Part 3: https://t.me/teamdiego/1025
Part 4: https://t.me/teamdiego/1026
Part 5: https://t.me/teamdiego/1028
Part 6: https://t.me/teamdiego/1032
⭐⭐⭐⭐⭐
This is the final coinz related post. Nothing much to say. If you have followed the plan, joined Team Diego, and have been betting on draws - would have made massive amounts of cash to put into the things we discussed. LINK/MARA both up something like 30% just in the past week.
Hold for the next 2.5 years (next ATH probably towards the end of Q1 2025, too early to say now). Buy more whenever you have cash. That's all. Very simple plan to try to 10X or 20X your wealth - make it or die trying.
Back to football. World Cup coming up. Followed by Manchester United's relegation to the Championship. Fun! 🤣🤣🤣