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Welcome back to the end of another week with Renaissance - the newsletter equivalent of being just dumb enough to believe in yourself, but just smart enough to execute. LET’S GET THIS. HAPPY F****** FRIDAY.

Today at a Glance:

Celeb Coins Volume 2

Your Guide to Passive Income

The Renaissance Over-Under

Crypto Market & NFT News

Us watching Iggy Azalea’s $MOTHER token pump way over $200M market cap after considering it just another shit celeb coin that will dump after it’s first pump….

It’s officially celeb shitcoin season vol.2 -there’s exceptions to the rule, she’s one of us…….

Bothered, unmoisturized, not in my lane, and dehydrated - I’m excited to announce that I’m taking a break from my mental health to focus on trading memes.💪 We keep going until we hit another 100X, I will not miss another god damn celeb coin! 🎉🎉🎉

💡And I have genuinely learned something in the last few weeks that has fundamentally changed how I’m approaching this market from now on…💡

- The pain of missing these celeb tokens early is far worse than losing money on them. And I don’t mean missing.

⚡I mean passing on them. I see them at maybe $1M+ most of the time unless I’m really hunting and waiting (which I should be for them!), and for some reason it’s the only asset class that I wait and still think is stupid or the narrative can’t possibly continue.

⚡Here’s the truth - it doesn’t matter what I think. They exist. More of them will exist than you think. You’re never as late as you think you are. If you don’t like the celeb or think they’re stupid, you should have even more conviction to buy!

⚡ Celeb coins are actually the perfect storm of attention from a dedicated following, entertainment and ridiculousness for the market (which we know it rewards), and hate from the rest of us that think it’s pathetic (but this is the strongest attention and price spike there is).

⚡ Alpha: judgements of stupidity, hate, and disbelief are the emotional signals we should hedge financially. And buy some. RIGHT AWAY.

⚡ Most investments I/we feel nothing about, have good conviction, are completely objective and the odd loss is expected. This doesn’t even bother me, it’s part of the game.

⚡ But if the market makes you feel anything, positive or negative, reward it for that and buy it. Because once your emotions are involved in this specific realm of celeb memes and attention, you can’t be trusted to judge an irrational market.

⚡Let your hate fuel your bags.

My take for the week - I don’t think this celeb or attention season is over. STILL. There will be more coming, and we need to watch!

- We caught Andrew Tate’s coin (one of many that did well that we saw). Then he was sent plenty of the coin supply and BURNED THEM ALL. $11M GONE. And everyone’s token values went uppppp. Massive respect.

- But we came in much later than we normally would have, we didn’t follow the normal strategy: Buy early & don’t wait, take profit on the first big leg up and ride the rest. Buy the derivative coins and 2.0s.

- It’s like a guitar, when it’s working you play that narrative until it breaks and it doesn’t work any more!

- Then we passed on the adult stars narrative and their stupid coins… and sure enough they all pumped. Get rid of your morals kids, it’s costing us money. 💰We missed 100x because we didn’t invest in $ASS. I’ve never been hurt by a missed investment more..… I love ass ahahah 😭😂

Well played, this is what we missed because we’re slow and thought too much about celebs vs other shitcoins. We only made fractions of this, but not anymore!

Then the reallyyyy late derivative coins launched, $DADDY (daddy Tate) and I passed on even putting $100 in (‘too late and played out) - I saw it at maybe $300K in reality. It’s currently at $185M market cap…..in about 2 days. When we see it early, call it, we should all be here and buying it. It did 11,000% in < 48hrs.

https://dexscreener.com/solana/4Cnk9EPnW5ixfLZatCPJjDB1PUtcRpVVgTQukm9epump 

- Remember the motto - BET MORE. More trades, and more in each trade. It takes just 1 to change your life in this game. Get in on it all. There is so much opportunity here, even we can’t cover it all! Hiring more analysts, and deploying more capital. ✌

This is what I mean when I say it’s not over and plays out longer than you think, stay on alert! Sharks are swimming, and there’s fat kids in the sea. Easy work. 👀 We don’t predict what the celeb meta will be, we react violently quickly.

You have to stay active and looking this week Renaissance army, there’s 100K of you, don’t let us down out there. We want results! 🤟

Anyway… that’s your advice for fast moves from last week and this week coming! But they happen so fast you need to be looking yourself and in our group. We catch these things together! But here’s our action on longer term holders…

$BRETT $400-600M a month ago, $1 billion 2 weeks ago, $1.4 billion last week, hit over $2 billion this week.

We have not wavered on this. It was good then, and I haven’t changed my opinion. Phenomenal for our long term calls. Same goes for $PEPE, when you knowwww, then buy and just stop watching. https://www.dextools.io/app/en/base/pair-explorer/0xba3f945812a83471d709bce9c3ca699a19fb46f7?t=1717698248870 

https://dexscreener.com/solana/Gs6R82BqziwMW5HbEnkzToPmJfH2x6Ucy8gXFvvF6wwj Brett Gold

Last week:

“There was a PEPE gold and it did kind of okay, but not huge market caps. This one might run slightly, nothing major but I suggest we watch it all, entries have been at $700k. Worth a small trade.”

- We called Brett Gold last week - it hit $6.5M market cap and we were outtttttt. Easy 9X since last week’s call.

Previously:

“Alright here we go, the Euros is starting soon and like all news and narratives. We have to ask, what's in it for us?? Cash will pile into something over the competition and it's probably this, safe enough as it's floating at a decent market cap.

A small position here and holding it - then if it takes off with the competition great, we're already in position. If not then we'll drop the position.

A different predictive idea when we usually like to react, let's see how it plays out!

Already got a 2x out of it slow and safe, let it wait….”

https://dexscreener.com/ethereum/0x37D6dDb9346Ce1732bF5935e9D6C03046ebCAEAa - It hit $11M market cap since the call last week! An easy open 5-6X.

And it’s at $6M again as of now (still a 3x) and IT will kick off again when the euros gets going!

How we’re gonna look at you when you pass on the next celeb coin and long term calls we give……..

And of course, as a reminder we opened the private group to new members! It’s been a very solid week, and if you want to join and get access to all our calls, trade alerts and analysis in real-time hit the poll below and we’ll reach out!

LITTLE BITS 😎

The 60 top angel investors that back B2B startups

How To Grow A Side Hustle While Working A 9-To-5 Job

Weekly reminder, if you’re going to blame your parents or your situation in life for why you aren’t where you wanna be… Osama Bin Laden’s son’s metal band looks as if it’s doing great hahah.

China has been buying Gold and dumping US Treasuries like never before in history - I’d say disappointing stupid move from China, they should be buying Bitcoin or an index of top tokens.

This is what happens when your beliefs and culture (risk or law or dictatorship) gets in the way from making more prudent investments.

‘So, I've spent 20 hours watching Bill Murray interviews over 3 months. What I found?’ Bill Murray's Happiness Formula:

NOSTALGIA OF THE DAY

Wealth Building, Personal Finance Hacks & FAT FIRE

Your Guide to Passive Income 💰

Tired of the daily grind? It's time to break free from the shackles of active income and dive into the world of passive income. 🤿

Passive Income: The Holy Grail of Financial Independence

Picture this 🖼: Your money working tirelessly for you while you kick back and relax. That's the beauty of passive income – it's like having a money-making machine that never sleeps. But before you start counting your cash, let's dive into the nitty-gritty details.

⚡ Calculating Your Financial Independence Number (FIN): The Magic Number

Ever dreamt of sipping margaritas on a beach without a care in the world? Well, you'll need to know your FIN – your Financial Independence Number – to make that dream a reality. It's the amount of passive income you need to cover your expenses and kiss that 9-to-5 goodbye. So grab your calculator and let's crunch some numbers!

⚡ Types of Passive Income: From Stocks to Digital Products

Passive income comes in many flavours, like a (Warren) buffet of wealth-building options. You've got your investment-driven income, like stocks and real estate, and your resource-based income, like renting out property or selling digital products. With so many options on the table, the sky's the limit. You should considering utilising all of them or whichever suits your current life situation best.

⚡ Risk Tolerance: Finding Your Financial Sweet Spot

Before diving headfirst it is crucial to know your risk tolerance. Are you a risk-taking adrenaline junkie or more of a cautious investor? Knowing your risk tolerance will help you navigate the choppy waters of wealth-building with confidence. This is essential if you are to make it in the long-run. This may be something you have to learn the hard way, but learn it quickly when the stakes aren’t as high and keep the lesson with you forever.

⚡ Accredited Investing: Aim for the Stars

Looking to level up your passive income game? Accredited investing might be the ticket to top-tier growth. But before you start you will need to make sure you meet the criteria – an annual income of $200,000 (or $300,000 with a spouse) or a net worth exceeding $1 million. It's the VIP pass to the exclusive club of wealth-building opportunities. Once you’re further along the journey this is definitely one to look out for to level up your game.

⚡ Final Tips: Get Educated and Take Action

Now that you're armed with some starting knowledge it's time to take action! Dive into audiobooks, join investing groups online, and soak up as much knowledge as you can. With the right tools and mindset, you're unstoppable on your journey to financial freedom. Start budgeting and setting some money aside now to invest! Creating this habit and discipline is the key.

So what are you waiting for? Let's make some money while we sleep!

Meme 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)