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Bitcoin Nears All-Time Highs And Top Trading Lessons

Join us on the journey to financial independence.

Read time 5 minutes

Welcome back to the end of another week with Renaissance - the newsletter equivalent of the sweet sweet feeling you get when everything you’re holding is green……💚

Today at a Glance:

Top Trading Lessons And Long Holds Printing
Unlock Your First 5 Customers With These 5 Steps
High income Skills for 2024

The Renaissance Over-Under

Crypto Market & NFT News

Top Trading Lessons And Going Longggg Printing 💸💸💸🎉

Retail downloading Coinbase just in time to buy the exact top on Bitcoin (Bitcoin hit $65k and Eth hit $3.5k - Coinbase melted and crashed!)👀

Okay, the cycle is heating up to disgusting ATHs like a Dutch oven, just as we expected (and if you bought Eth when we told you to then you’re already rich). But if you’re going to capitalise on this and not fumble it - it’s all in how you handle yourself and remove any bad habits you’ve learned! So here’s the lessons up front and how we trade at Renaissance:😎

1. Nothing you do will matter to anyone here in 2 years.

- Even less in 20 years and your name will be forgotten in 100.

- There's freedom in a bit of nihilism.

⚡ Take the risks, be strategic and take the likely shots, do not sit on your hands! Action and intensity is the strategy (we can’t stress how important this is).

2. Limit orders on your trades - do not have the shaky hands of Michael J Fox

- When you want to take profit or sell something, don't hit the market order.

- Put a few limit sell orders below the market price.

- You will be surprised how often your token ends up pumping without hitting your orders.

3. Being in profit is not a reason to sell

- The worst trading advice I always hear is “sell half after a 2x”.

- My best breakthrough as a trader was when I learned to ignore my PnL (profit & loss)

- You’re here to be a killer and get asymmetric returns. Act like the money is dead the minute it’s in your crypto wallet - then deploy it properly like it’s already gone. 😎

4. Trades and history to look at for repeating cycles and indicators

- $PEPE at 1 billion compared to $DOGE at 1 billion in 2020/21 before it’s legendary run. 🔥🔥🔥

- Read back to our comparison of $PEPE when it first launched and got us all a 25X. It had the characteristics of a $SHIB and $DOGE with great supply, listings and support levels!

- Now that we’re entering a new heated cycle it’s when it finds its legs - we already made 200% this week on our $PEPE!

- $DOGE has had an unholy leg up and $PEPE has more to gain into the cycle. Look for the pullbacks and DCA into a position. Ask yourself can that market cap easily be a few billion or in the 10s of billions? YES. Simple bets, change your life.

- This is how long it can take for the full thesis playout. You must be patient and understand what stage of the cycle we’re in and when Bitcoin moves, it dictates the phase!

- Side note, look at the Bitcoin and Eth prices. They’ll filter down to the top altcoins and memecoins. It’s expected - on dip days take positions in your top meme holdings (on Eth) and wait!!!

5. It’s volatile and feels like no one knows what’s going to happen, or when. Zoom out and remove emotion. Charts don’t lie.

Look at how clean this 10-year log chart for Bitcoin is. 🧼

That’s perspective! Consistent, gradual, increasing attention on BTC and the crypto economy is the key predictor of where we’re going over time. Accumulate and wait. In a bull market everything goes green but only if you position yourself in advance.

The halving is not long from now and you are underexposed!⚡⚡⚡

LITTLE BITS 😎

HA!

Ooooffff, incredible first win, but this story doesn’t end well😂

Sahil Bloom - “10 ideas that changed our lives (and may change yours):”

NOSTALGIA OF THE DAY

Business, Money Markets & Financial News

Unlock Your First 5 Customers With These 5 Steps ⚡

We’re here to take you from this guy, to this guy 👇

So you wanna know the secret to your first five customers? Get ready to dive into the Renaissance world of customer acquisition.

Step 1: Raid your contact lists like you're on a treasure hunt. Emails, socials, and phone contacts - they're your goldmine. 💰 Pick a platform, any platform! Whether it's Instagram, emails, or carrier pigeons (okay, maybe not pigeons), choose where you've got the most connections. 📱

Step 2: Now, here's the real work - reach out to 100 people every day. Yep, every single day. It's just like women, rejection is part of the game (fuck you Jennifer, I’m keeping the cat unless you come back…..high pressure sales tactic 👀).

Step 3: Personalize those messages! Be human, not a robot. Acknowledge, compliment, and ask. ACA - the secret sauce to warm up those cold leads.

What if they reply? Warm 'em up with ACA again. Acknowledge, compliment, and ask - the trifecta of turning a lead into an engaged lead. 🤝

Step 4: Introduce the magic word - FREE. ✨ Offer your service for free, get feedback, and secure killer reviews. Lower the barrier and get more reps. 🎉

Now you rinse and repeat, but this time, start charging. Gradually increase prices as demand soars. You're not just any business; you're a five star business. 💼💸

Step 5: Manage scarcity. Once you're at capacity with paying customers, create scarcity, and ethically sell your limited slots. 💼

Then you just have to keep 'em warm! Regularly check in, provide value, and watch your customer base grow. Long-term relationships bring long-term money. 💰

Wealth Building, Personal Finance Hacks & FAT FIRE

Don't Fall Behind: Here Are Some High income Skills for 2024 ⚡

1 Blowjobs

If in doubt. The ole’ faithful. 🤷‍♂️ This scene from the Fyre film still lives in our head rent free.

That is one way, but if you haven’t got what it takes (cowards) we have some alternatives:

2 AI proficiency

Not as good as number 1 but it is the future! Learn ChatGPT-4, prompt engineering and how to code with AI co-pilots.

3 Web Design

the OG skill of the internet. From basic websites to billion-dollar projects, this skill is timeless. Learn it, start your agency, sales, sales, sales.

4 Video-Editing

Because we're all obsessed with video content and it’s going nowhere. It's not about copying Mr. Beast's style; it's about knowing how to edit well. The market for good video editors is almost as scarce as my good hair days. Learn it, start your agency, and again…….sales, sales, sales.

5 Sales and Marketing 

The unsung heroes. Forget the sleazy stereotype; these folks are the real MVPs. Selling isn't just about the product; it's about what the product can do for you. We're all salespeople in the game of life.

*his voice loops in my head constantly

6 Learn investment and trading

The money’s no good if you don’t know what to do with it. And as Renaissance fam you’re already one step ahead. See our investment and crypto section each week for massive help on this.

So there you have it, high income skills are the ticket to freedom and fortune. Learn some of the skills above for 2024 or it’s option 1 for you.

Memes of the Day

That’s a wrap for this week! Meet us on Twitter to talk all about it. Where we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)