Read time 5 minutes

Welcome back to the end of another week with Renaissance - the newsletter equivalent of how to get like Steve McQueen. Relaxed, Retired, Remembered.

Let’s get into another week Renaissance fam. Who’s ready to make some money and level up? 👀🎉

Today at a Glance:

Another Week Of The Same Lessons - Action Slowing Down Before The Halving! 

The Power of Systems: Transforming Goals into Action 

The Renaissance Over-Under

Crypto Market & NFT News

Another Week Of The Same Lessons - Action Slowing Down Before The Halving Next Week!

*After seeing the footage from the WIF party at NFT NYC the entire crypto market felt like Robert DeNiro in Goodfellas - ready to whack everyone………. we saw it for ourselves and it was not pretty

$WIF UPDATES

- Price definitely moved down for WIF after NFT NYC. Nice seeing some of you there Renaissance army! And most importantly, the momentum of memecoins is driven by market social sentiment - and cringe does. not . help.

- It deserves to be taken down a peg and dip for a while, buttttt, you know we called it early and still aggressively bought it for the huge leg up!

⚡ This dip is a perfect bet against the temporary market sentiment - fuck their attention span and negative impression, it’ll rip with the other memecoins in the summer again and hit an ATH. 📈

⚡ Buy this dip. That’s our take. We’re building a position here for a longer term run.

The Bitcoin Halving - only days to go!

You’ll be wondering what’s going on and what to do. We only take asymmetrical bets we have high certainty on. This chart with a downtrend trend, no correction showing, and no huge upside is not something we’re going to touch.

Bitcoin and the halving has control over the entire market and the prices!

⚡Avoid trading it as I think there’s a pullback at the halving. Contain your risk to everything else you hold. You’ll also want cash on hand to buy the dip on everything you’ve got your eyes if there’s a kneejerk dip!

Philosophy for this market and where the data is taking us

Impossible goals vs SMART goals (Specific, Measurable, Achievable, Relevant, and Time-Bound)

- Most people want SMART goals, but actually this can be reallyyyy limiting and tunnel vision you into a methodology that won’t work.

- For us at Renaissance, you all know our new year’s resolution - taking a portfolio from scratch to $1M in the year. 💪

- The idea of this goal is based far more around the impossible goal philosophy instead of SMART, and here’s why 👇

- The timeframe of the year is loose and long enough to go through ups and downs and it’s also just enough time for opportunities to present themselves to make it possible. Even if we fall short of it (not likely we’ve killed it already this year), we’ll all outperform ourselves by taking more risks to reach our impossible goal that you cannot get from a SMART methodology with over-measured steps.

- We’re not overly measured and we follow the narrative and volume of the market. We’ll work overtime and the opportunities possible will present themselves if we can handle our own risk assumptions.

- Your portfolio approach should work on the principle of venture funds: throw money into hundreds of tokens in this year, and a few will give 10,000% profit on the full fund.

⚡ Why we buy what we buy: Act stupid, emulate the market, be faster. We go wherever the market attention is and follow the narrative to win!

- The market is like a pig on LSD - you never know which way it’s gonna run. You need to have an impossible goal and be open to opportunity. And here it is in front of you, Renaissance takes care of you 😉

- The only way you will make BIG money. FAST. Is by knowing how retail will think and behave.

Will they enter crypto and buy layer 2s after a week of due diligence? No.

They will buy meme coins. They’re simple creatures, idiots. And they’re always fucking late because they only take action due to FOMO.

They will buy something at $0.000003835 because

“It might go to $1”

*Here’s the classic trade setup. A memecoin on the hottest memechain at the moment, and it’s about one of the cult icons of the space - so going to be worth an entry! And these trades work in tranches, the volume sticks, more memecoins come with more hits…so this is where we take note, narrow our focus, and be as early as possible to snipe tokens that fit our thesis!

- Vitaleak Butterchiken did a 200X in one day. Crypto is giving life changing gains every day 🙏 

I mean this is also just fucking hilarious 😂😂😂

Someone just turned $500 into $450k in under 6 hours with Vitaleak Butterchiken.

The focus is now on the earliest Solana meme-themed trades and we know the core signs we’re looking for. With small $ amounts, 10 trades will return a 100x portfolio. The scope has narrowed and the metrics show that Solana is the sticking point you should ALL be watching on Dexscreener for probable bets! 👀 👀

These trades are started and finished inside a day so this is the strongest recommendation we can give you!

Live new pairs on Solana - https://www.dextools.io/app/en/solana/pool-explorer

Quarter on Quarter (QoQ) Metrics

- DEX Volume 332%

- Revenue 597%

- Total raised in ecosystem 51%

- Market cap 97%

Also, FOMO token on base raised $10M presale. Wait for launch and the dip and see if there’s an entry for the big ride up! This reminds me of a lot of the presale strategy plays on repeat!

https://twitter.com/fomobase/status/1778135912292942244?s=46&t=DI0-QuwhXW0m4WextfMAYQ BUT DO NOT BUY THE MINUTE IT GOES LIVE!

⚡ And remember, in this archdiocese, god don’t run the bingo, we do! Act like it and focus up, take action with us and we can run this market together.

LITTLE BITS 😎

You’ve gotta be in it to win it - this graph really just shows people having too much abundance and becoming lazier generation after generation. The youth don’t try anymore: less sex, less alcohol, less socialising, less work.

You can actually have anything just by trying more when you can see in reality your competition is frightened and lazy. Do something that scares you and live a little.

Average 20 year old college dropout trading shitcoins

A few pieces of advice I’ve been thinking about this week as things come up. I’m sure we can all hear it again - after all who learns a lesson the first time 😉:

-Business is just pipes and products. What is your distribution (pipes), what is it you are distributing (products).

-Never take advice from someone who hasn’t actually done the thing they’re advising about.

-Money is a toxic GF if you don’t pay attention to her she’ll leave you. Track yours.

-You want to raise money, ask for advice. You want to get advice, ask for money.

A great intro to the father of social arbitrage trading for anyone that’s new to it (OGs here know we’ve done a good few social arb trades here in our day!) - he turned 20k into 42M in his career!

A 6 figure CEO gives the best tools to run her business with 0 full-time employees! Make your life easy

Asking supercar owners how they got wealthy - some alpha here and some good ole’ fashioned entrepreneur porn haha YOU KNOW WE ALL WATCH THIS SHIT!

NOSTALGIA OF THE DAY

Wealth Building, Personal Finance Hacks & FAT FIRE

The Power of Systems: Transforming Goals into Action

A lot of this wealth building stuff is just building very effective systems. You don’t rise to the level of your goals, you fall to the level of your systems. And here's how to go from "goal-setting" to "system-building". 🛠️

Step 1: Set the goal. Goals are your North Star, guiding you through the chaos. But here's the kicker: your goal should be something you don't have yet, pushing you out of your comfort zone.

Step 2: Form a strategy. Look back at what worked for you and others. Learn from successes and failures. For me, it was hustling on ads and tapping into industry secrets. Learning from the pros will pave your path to success. 📈

Step 3: Take one-time actions. Invest in solutions that pay off long-term. Whether it's hiring a coach or revamping your environment, these moves set the stage for success. Remember, spend to win! 💰

Step 4: Create a system for daily or weekly action. This is where the magic happens. Consistent, intentional actions propel you forward. For me, it was talking to 5 potential clients daily. Small steps, big results. 🚶‍♂️

Step 5: Commit to action. No more wishy-washy intentions. The 10-30-100 rule became my mantra. Test, progress, commit. It's not about perfection, but persistence. 💯

In the end it's not about lofty aspirations, but actionable steps.

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)