👀 Here's what you should buy now

GM everyone. This is 2036.

An official US federal government agency is going to be called DOGE.

Bitcoin’s made new all-time highs almost every day this week.

Yesterday, Coinbase listed PEPE and WIF - which kicked off another crazy leg up in memecoins as investors bet on which tokens will be next.

Welcome to the bull market 🎉

This is the time we’ve all been waiting for.

We just entered what Jason Yanowitz calls the 3rd stage of the bull market:

• Stage 1 was Rebirth (Jan 2023-Jan 2024)

The media still focused on the bear market blowups, and apathy killed all new narratives. But BTC made a quiet comeback (3X in 2023). Crypto natives knew the bull market had begun, but most people didn’t believe us.

• Stage 2 was Excitement (Feb 2024-Nov 2024)

Everyone in crypto knew the bull market was back on. A few narratives (like memecoins) poked their heads. But your friends outside of crypto still thought it was a scam.

• Stage 3 is Euphoria (started November 5, 2024).

Crypto takes off, but a lot of bad actors haven’t entered the space yet. New narratives emerge, and every week, there’s 100X to be made. Your friends start texting you about crypto. Everyone’s making money.

… and that's where we are now.

In Stage 4 (Disconnection), everyone believes crypto will go up forever… until it doesn’t.

But we’re not there yet.

For now, everyone in and outside of finance knows the bull market is back, and they want to get in on the action.

Last week saw the highest inflows into the Bitcoin ETFs ever. Even the Ether ETF flows picked up.

So you might be wondering - what do I do now?

Well— Bernstein, one of the largest equity research companies in the world ($800 BILLION assets under management) just sent out this memo to their clients:

Their headline is the message: buy everything.

We’re at the stage where random coins will outperform at seemingly random times. But eventually, all will have their time in the sun.

From here on, everything will go up.

We have 6-12 months, maybe less, where opportunities will be abundant.

Coins will 10X in 24 hours. Every single day.

Just look at the coins with the most volume on Solana today. PNUT has 25X’d in 48 hours. FRED 10X’d.

Your biggest problem won’t be not making money. It’ll be managing your psychology as FOMO kicks in and others make more money than you.

I’m more comfortable going out on the extremes of the risk curve again. A rising tide lifts all boats.

And if you’re not, you can simply let time do its thing and carry everything you own much higher.

So, if you made it this far— congratulations.

We’re now officially in Euphoria, and the times of deep FOMO are about to begin.

This is where you either:

• completely disconnect from prices to preserve your sanity

• or dive head first into the circus of magic internet money flying to the moon

Your choice.

Either way - I’ll be here along the way.

All dips are for buying.

• 🎯 What does an ideal crypto portfolio look like at this stage of the cycle? How do you spot winners? How do you avoid FOMO? How and when should you take profits?

  • Get these answers (and many more) in Enter, Earn & Exit, my 2024 blueprint for investing in crypto. Get $100 off using code ‘2024’.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.