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How To Make A Million And Keep It Private
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 this meme - everything else is LIESSS all liesss! But we’ve got your back. 🤝
Today at a Glance:
Privacy: A Narrative Investment For The Next Cycle
Eight Laws For Money Magic
The Global Debt Chronicles: A Comedy Special
The Renaissance Over-Under
Crypto Market & NFT News
Privacy: A Narrative Investment For The Next Cycle. Stay Ahead Of The Curve ⚡
*What is your philosophy exactly?
Hard to argue with that. Words to live by from Succession. 😂 So let us set the scene! Your best investments are often similar to the way you talk to your grandmother - dull af.
But before that - we’re currently in the process of setting up the private group for us all. 🙌 One place with access to all our trading tools, calls and insights in real time! But in January the action is always slower, and it’s one of the few times you really get to move your chips around for the whole year. It’s perspective……balance.….themes.
There’ll be winners and losers in any narrative of the cycle. Most people think they know, but they know nothing. There are always dark horses that outperform that the attention hasn’t rushed to. 🐴
Flashback, it’s 2019 and we saw ahead to the Metaverse and gaming long before it became hot with NFTs in the latest cycle. We bought up tonnes of land and made a killing because we anticipated the narrative shift ahead of others who didn’t expect it! 😎
What are the sexy topics of the year gonna be? Web3 gaming, big play-to-earns, and scaling of solutions which will branch out to DeFi and infrastructure. Think Layer0 etc.
Butttt, to add to our idiot insurance bags, now that the Bitcoin ETFs are approved (which is good but doesn’t follow the Web3 ethos at all) capital inflows, regulations and centralisation is ever-present.
This means the need for technical privacy in the space will be even more important than ever!
Privacy will have its day in the sun and I think it’s the institutionalisation of the space that will open the door for this. Although it will happen one way or another! It will sky rocket the main privacy players because they technically can’t be stopped. 🚀 And we’re here…….
⚡TLDR; Add reasonable long-term bags of privacy coins to your portfolio and lock them in the drawer. You’ll thank us one day.
➡ Monero, the top privacy coin. Big capitalisation, the price is very stable and if the narrative changes this is what you’ll want to be holding.
The best thing is that the prices have dipped and the liquidity of these coins are drying up.
This sounds negative and dull, but this is actually the unnoticed bottom and you should always inverse stupid media opinions. Buy and hold for great idiot insurance.
“Most businesses will not want to interact with privacy coins given their negative connotations,” Clara Medalie, Kaiko’s director of research, tells DL News.
I think this media sentiment is guided by the Bitcoin ETFs and prices falling. Buy this up and in a year people will be screaming for more privacy.
Especially when governments catch up and start looking for taxes, fees, projects in different territories that now have to register etc. Challenge their shit and buy while it’s boring. 😉
⚡ Bags we hold over $1000 of: Monero (XMR), Zcash (ZEC), and DASH. Prices are generally stable and they’re at all-time lows with great upside potential!
These are the outsider odds that will pay off one day and it could be during this cycle. It’s these kinds of smaller asymmetric bets that we’re looking for now that we’re shooting for the $1M target this year! ⚡
LITTLE BITS 😎
We really don’t advertise like we used to… the good ‘ol days. Plus the Aston is every classy man’s dream car. Screw your Lambo you chads! Aston Martin’s advertisement for pre-owned cars.
NOSTALGIA OF THE DAY
November 1942. "Oklahoma City, Oklahoma -- Hotels on West Grand Avenue."
Business, Money Markets & Financial News
The Global Debt Chronicles: A Comedy Special 🌍
🚨Breaking News from the Economic Comedy Club at Davos! 🚨
Headliner: Tim Adams Rings the Fiscal Alarm Bell
Ladies and Gentlemen, grab your popcorn because we’re facing a fiscal comedy of epic proportions! If we didn’t laugh we’d cry.
We’re not completely Dave Ramsey against debt. A little debt utilised wisely can be good. It opens the opportunity for leverage, to expand, business loans etc.
But this is getting out of hand. And finally someone has said what we’ve been saying since last year! That something must be done.
At the Davos Annual Meeting, where AI and geopolitical conflicts have been stealing the limelight, global debt pulled a surprise cameo.
With a riveting performance the Institute of International Finance's CEO, Tim Adams, took centre stage to sound the alarm on record-breaking levels of debt worldwide. We've hit a financial jackpot with the:
"Highest levels of debt in a non-war period in modern history."
Move over, blockbuster movies; we've got the sequel nobody asked for!
🗣️ Adams declared, "We have a huge fiscal problem everywhere, including the U.S. We're running a deficit at 7% of GDP. We need sobriety, and we need to focus on how we are going to get our fiscal house in order."
And here we thought the biggest deficit was in our memory after a 2-for-1 margaritas happy hour. 🍸🍋
He still fell short of offering any genuine solutions, but at least acknowledging is a start! So, folks, buckle up, grab your fiscal popcorn, and get ready for The Global Debt Chronicles: Coming soon to a reality near you! 🌐💰
Wealth Building, Personal Finance Hacks & FAT FIRE
Eight Laws For Money Magic 💸✨
Think of Robert Greene’s 48 Laws of Power, but instead for money. We have a lot more than this but here’s eight to start. 😉 No frills, no fluff – just pure money wisdom. 🚀
1️⃣ Law #1: Money Grows on Trees 🌳
Plain and simple. There’s always more opportunities, trades and business ideas out there. But planting money trees takes more than a wish and a sprinkle of fairy dust. It's about investing time, care, and a bit of patience. No instant riches – it's like planting a money bonsai.
2️⃣ Law #2: Have a Limit to Spending 💸
Elon Musk on a dollar a day? Sounds like a college budget nightmare. Spend, sure, but keep it within reason. It's like juggling flaming torches – exhilarating until something gets burnt.
Have your priorities in order and spend in the areas that offer the highest rate of return. This could even be a high return from investing in your education, your health, your peace of mind.
3️⃣ Law #3: Money is a Lifelong Game 🔄
Forget fantasies where you’re so rich you forget about money. Mo’ money mo’ problems. Or more accurately, more money more money problems.
Money demands attention, like a needy pet. Neglect it, and it won't roll over and play dead; it'll just sulk. Plus, there's always a sneaky competitor ready to flip the Monopoly board.
4️⃣ Law #4: Money Won't Solve Insecurities 🚗
Think that fancy car will cure your insecurities? Think again. It's like using a sledgehammer to fix a leaky faucet. You’ll have to invest in self-love instead – cheaper and less likely to scratch. And once you have your financial success will benefit too!
5️⃣ Law #5: Keep It on the Down-Low 🤫
In an era of humble brags, here's a pro tip: Keep your wealth on the down-low. Money attracts all sorts of characters – some friendly, some with a lawsuit in mind. Stay cool, stay quiet, and avoid becoming the talk of the town for all the wrong reasons.
6️⃣ Law #6: Crisis = Opportunity 💼
When life throws lemons at you, forget lemonade – make a lemon empire. Financial crises aren't all doom and gloom; they're your chance to be the hero Gotham deserves. Seize the opportunity and run with it. Remember, Batman didn't become a legend by sitting at home binge-watching Netflix.
7️⃣ Law #7: Expenses Grow with Age 💸📈
Remember when $100 felt like winning the lottery? Now it barely covers your brunch habit. Costs grow faster than a teenager's appetite. Keep earning more, or you'll be stuck playing catch-up like your grandparents trying to understand Snapchat.
8️⃣ Law #8: Wealth Accumulates Over Time ⏳💼
No magic wands here; it's all about patience. Start investing early, and your wealth will grow like a well-nurtured bonsai. Warren Buffett didn't make his billions overnight – neither will you. It's the tortoise that wins the race, not the hare.
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)