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🎞 New Mini Documentary: The hidden truth about money!
⏰ Time to write it: 9 hours 41 minutes
Over 60.000$ for Bitcoin! 🚀
It's flooding money into the crypto market...
You see more and more young people with new Lambos on Instagram, hitting the time in full places. 🏎️
And there you are! 🫵🏼
Someone who knows the ropes, but doesn't have the knowledge or the guts to take the plunge.
Well, rest assured, you're not alone! 😔
I felt the same way a few years ago and I know how overwhelming it is!
You have FOMO!
That's why I felt it was a good time to write this post... ⏰
Which explains specifically how to get started with Crypto!
However, today's post will be a little different from the others. 🦄
Because I'm not writing the main part...
And I can already hear the outrage: "What, why aren't you writing it?!" 😤
Well, my friend, I have to take a step back and give space to the one I consider the most credible in Hungary.
This is none other than MakeItCount Gábor, who is also a good friend of mine! 🤝
So here is EVERYTHING you need to know about the current market!
But before we get started, let's see...
🚀 How's the challenge going?
🚨 Today is your last chance to take the Communication Course
Because if you buy a ticket to the Mindset Meetup in MA, you'll also get our 10-video Communication Course as a gift. 🎁
If you don't know what it's about, you can watch it here:
https://onlinemarketinges.com/mindset-meetup
🎥 The new video is out now.
I dare to say that one of our most useful videos has been released on YouTube.
It's all about solving self-doubt! 💪🏼
Which is something quite a few people struggle with these days...
He shows you how you too can build rock-solid confidence in yourself!
🎯 March targets are set
On Monday we set new goals with the boys. I can't tell you everything yet, but you'll see lots of new things outside the App! 👀
This is when I see what a great help Szabi is to the team.
Without him, we wouldn't be able to move forward nearly as efficiently, as he perfectly complements the work of Edu and Kokesz. 🙏🏻
Before setting the goals, we went through the whole team and asked this question:
"How can you get 10X more results without putting in 10X as much work?"
Some pretty surprising answers came out, and we'll be testing the best ones this month. 🧪
Rough, but that's really how we need to think if we want to compete with foreign Apps.
The biggest ones have 100-200 people working on them. We are only 7! ⚔️
But I honestly believe that these 7 people can compete with the big ones.
Because in the long run, it's not quantity but quality that counts! 🔥
Anyway, I'll hand over the floor to MakeItCount Gábor...
"Great, let's do it!"
💡 Side note: This is Gábor's unmistakable saying that you will recognize anywhere!
💭 Over $60,000 for Bitcoin? What do I do now?
Yesterday, Bitcoin crossed the $60,000 mark and rallied brutally. 🚀
In just a few days, the biggest crypto has risen 20%, with institutional investors buying up Bitcoin in bulk from one another.
💡 Side note: 10 times more Bitcoins are being bought up by the largest fund managers than they can currently mine.
If you've been interested in crypto before, but ended up not buying anything, you may now feel like you've been left behind. 😔
The good news is, that's not the case...
The bull market is just getting started and, in this letter, I'll tell you what I think is the best investment strategy for the coming weeks.
Importantly, this is not investment advice. ⚠️
It is simply my own logic along which I manage my portfolio. I hope it will be useful to you.
💡 Side note: I call Gabor before any major crypto decision; I trust him that much! He is my crypto uncle...
By the way, if you want to get the most important information as fast as possible, subscribe to our YouTube channel, every week we will be back with fresh market analysis, strategy and crypto project recommendations.
🐂 BULL MARKET IS ON!
The crypto market has been driven by the buying frenzy around Bitcoin Spot ETFs for some time now, more specifically, the fact that large institutional investors have been buying Bitcoin as a hedge at an astounding rate for weeks. 💸
That's why Bitcoin has shot up the most and the other, smaller cryptos haven't really followed suit yet.
I think it's the best chance to make a profit in the market right now. 💎
I'll explain what I mean in a moment, but first a quick digression, which will be important for the full picture.
NVIDIA published a record stock market report last week, as it ended last year with $60 billion! in revenue, thanks to specialized hardware that it makes specifically for the AI sector. 🤖
This both reignited the AI sector (helped by the Apple Vision Pro launch and the Open AI/Sora tech demo) and revealed an important piece of information about the future of the stock market and crypto market.
Markets ALWAYS move in cycles and although the intensity and length of the cycles change, the logic, the sequencing of events NEVER changes. 🧐
I have been trading on various stock markets for over 15 years, I have lived through this cyclicality many times and it has a name: Stock Market Sector Rotation.
This shows that it makes a difference which sector you invest in at which stage of a bull market. 🤔
I often see that even though the SP500 or the NASDAQ ATH (all time high) are doing well, many people are still able to fail in this market.
And this is because they invest in WRONG places at the RIGHT time. 😩
🧐 WHERE ARE WE NOW?
Check out this graph.
Our starting point is when the economy is bottoming out and the bull market is just getting going. 🐂
This is possible because the stock market (and the crypto market) is about 4-6 months ahead of the economy.
I have talked about this several times and it is one of the reasons why we are already in a full bull market even though the economic indicators are not sky high. 📈
Of course, this also means that when the stock market peaks, it will take the economy another 4-6 months from there to reach its own peaks, characterized by super-low inflation and super-low interest rates.
Right now, tech stocks are going crazy and if you look at it, it's the beginning of a bull market. ⚙️
Oil, energy stocks like Exxon or commodities haven't really taken off yet.
📈 STRATEGY AND TIMING
For this reason, I think we are only halfway through the bull market and I am definitely bullish for March, April (even a little bit for May) but I expect a major pullback in June-July (right after the bitcoin halving) and then another bounce at the end of the year.
We want to surf these waves, preferably by always investing in the crypto segment where the biggest rises are happening. 📈
I think we are seeing a rotation of capital from Bitcoin to the big crypto projects, so I am focusing on those: Solana, Polygon, Injective, Celestia, Atom. 💎
After that (or in parallel), the smaller cryptos will start, where the low market capitalization means that we can expect much higher returns, with higher risks of course.
For this reason, I am constantly researching the AI and crypto gaming projects in which I will invest in the coming weeks. 🎮
🤯 HOW DO I GET STARTED?
Even though the bull market has just started, you have less and less time for the really good entrants, so if you want to deal with crypto, I think now is the time to make a move.
If you're a complete beginner, then first check out our fresh Mini Course that you'll find on the BookBase App in the days to come, we've made this one especially for you. 🎥
It's over an hour of instruction on the basics, followed by an optional 8-part newsletter series on the SPARK course.
In these you will find practical guides and investment strategies to get you started with your crypto investments as efficiently as possible. 📨
And if you want to put yourself on the fast track, check out our "How to get started in crypto" page. (HUN)
You're sure to find the education you need to get up to speed and become a successful investor as quickly as possible.
A little insight...
This newsletter only grows organically, which means that the only way to get more people to read my writing is if you find it valuable and send it to 1-2 people you know.
I'm doing it all so that I can help as many young people as possible by sharing my experiences and thereby create a better world for ourselves.
Thank you if you help me with a forward! 🧡
Finally, I take the floor back...
It was an incredible value for this newsletter and much more authentic than if I had written it. 💰
Thanks again Gábor for helping us! 🙏🏻
📕 Book Recommendation: I show you the 2 best books on the Crypto topic. "Digital Gold" - Nathaniel Popper, "Bitcoin Standard" - Saifedean Ammous, you can find both of them summarized in BookBase.
But before we go any further, let's look at the usual, "What exactly to list?"...
✅ What exactly to do?
[ ] First step, read FULLY through this post. 📖(Hopefully it's already ticked)
[ ] Step Two, check out the Mini Course at BookBase 📲(yes, you can access it during the Trial Period)
💡 Side note: If you don't see it in the App yet, you can do 2 things, wait for an update coming in the next few days or reinstall the App and click on enter on the first screen. This will also update the courses for you.
[ ] Step three, go to this page and start with the SPARK course. 💵 (HUN)
[ ] Step four, if you've done SPARK and want to go into more detail, here's Krypto Nitro. 💰(HUN)
[ ] Step five, and finally, if you want to maximize your potential, I also recommend 100X Altcoin. Soon the market will get to the stage where it will be sufficiently current! 💎
🔥 Biggest obstacle
We have discovered a bottleneck in the company, and that is reading books. The process always slows down here somewhere. 🐌
Even now we have nearly 40 summaries ready and waiting to be read. The problem is that we have to optimize our resources in the meantime.
So, 2 things can happen to eliminate this bottleneck:
Hire new readers to work alongside Lajos, so that the work can move faster. If you want to sign up, just send a reading snippet to hello@onlinemarketinges.com-ra. 🗣️
We'll train an AI to do my voice and have it read the new books, helping Lajos' work. 🤖
Either way, we need to get this done.
Because Bugsy can still roll up the cocoa. So, he could write more summaries, as long as he has someone to read them. 📈
The end goal is to have a new book in the App every 2 days.
📖 What have I just read?
I finished the book "The Clockwork" by Mike Mihalowicz. It was brilliant, it gave us a concrete system on how to make our business self-sustaining.
We just need to go through the checklist and in 12 months we can have a "self-running" business. ✅
I started "Profit Maximising Entrepreneur" by Attila Pongor Juhász. Hungarian book, looks interesting, I think it is based on Mike's other book "Profit First". But I wonder how it has been adapted for the Hungarian market. I have not been disappointed with the Pongor books yet! 💰
🎧 What have I listened to now?
I listened to a summary of Mike Mihalowicz's books. Because I've been wondering what new books could be added to the KönyvKlub. You know, they go through a pretty serious filter beforehand so that you really only get the most useful reads. 🔍
I listened to these:
🎃 The Pumpkin Plan
⏰ Clockwork
💸 Profit First
🛠️ Fix This Next
✍🏼 Top quote
"If you're not aggressive enough in the market, you're not going to make money. However, if you are not defensive enough, you will not keep the money you make." ~ Ray Dalio