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Warning Signs 🚨
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Read time 5 minutes
Welcome back to the end of another week with Renaissance - the newsletter equivalent of ‘God I hope the markets aren’t too crazy this week’.…… the markets:
Today at a Glance:
Macro moves and how to game the system for 2024
The Renaissance Over-Under
Crypto Market & NFT News
Macro Moves & How To Game The System For 2024
Line up ladies (‘what does he mean line up’) and we’ll explain the rest of the year and how to avoid the potential risk that’s mounting…..
We had the dip a few weeks back and played that perfectly, but the rest of the year is a littleeeee bittttt harder to guess. Here’s the signs we’re taking as gospel & the bets too close to call:
The greatest investor of our time has sold his Apple position and now Bank of America, he’s moving to cash at the biggest rate and stockpile he ever has.
He’s seeing an opportunity coming. Warning signs! And it’s obvious why when we look at the market and how it and its debt will play out, even with interest rates dropping (hopefully lol, those mortgages gotta sting)
Market historic comparison cycle marker: we are going like for like with repeating the 2007 rate cuts as the beginning of the end into the chaos hahah
And with inflation, the debt crisis, the credit debt being out of control… add some war on top of this… it can easily slide.
In fact I don’t see any stats that would give me hope it’ll go up for the year. 😂
So we’re going to stablecoins soon enough for the most part to wait it out.
Election: Then comes the election - what was a landslide is now a close call! And personally it will NOT be good for my portfolio to see this socialist apocalypse and gypsy tax raiding Kamala is proposing. 😂 But polls look close and we like to bet on sure things without manipulated polls (and yes they are, by a number of factors and players, grow up).
That being said - we’ve made a lot of money in memecoins and in politifi coins, and now we’re nearing the end game! And paying more attention to the Kamala coin & MAGA as time goes on here…
AI: the narrative and our bets continue to rip and we’re shaving profits with every leg up - and if crashes occur we’re getting ready to dive into this sector even more!
And macro crypto: if dips occur in the end of this year prices will slide in the short term, but look at the dollar and its markets and compare it to crypto…
- Its BTC and ETH that will win longer term and with the ETFs these 2 are the long term winners and the USA and others use these assets more and more as a backdoor away from diseased currencies and their debts.
- It’s the haves and have nots playing out all over again.
- Look at these price projections from all funds, okay Ark and Cathy are legit stupid and couldn’t price an ice cream correctly, but the 10.2K is in line with what we’re thinking at least.
- Accumulate on dips and hold long term, we’re here to ride it out, and stay distracted with the memecoins short term. Stick to the plan!
ATTENTION: we’re also taking a break for the last of the summer for a while to get some R&R and do some scheminggg, stay frosty out there! ✌
LITTLE BITS 😎
Pirate Bay’s response to Dreamworks this time 20 years ago, amazing hahah….
$500k is not halfway to $1M (my math is better than yours), it’s true - $100k is 25% of the way to $1M…
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)