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Mark HelfmanSEC Retreats From Ripple But Gensler’s Right About Crypto
Yesterday, the US Securities and Exchange Commission (SEC) dropped two more charges against Ripple for selling its XRP crypto the wrong way. The score stands at Ripple 3, SEC 0. Ripple isn’t the first crypto business to defeat the regulators. SEC Chairman Gary Gensler seems to lose, like, half of the crypto cases that go to trial. That’s an abysmal record for a US government agency, but I can’t object to Gary’s interpretation of US securities law. Legally speaking, he’s right. Under US law, s...
Mark HelfmanTwo Truths and a Lie About Altcoins
You’re hearing a lot about altcoins from bitmojis, analysts, and commentators. None of them are experts, but they’ve picked up some insights along the way. Since the market’s going up, they seem legit. Read on for two truths you might not realize and one lie you might believe.Truth #1—altcoins are $200 billion worth of crapAltcoins are a $400 billion asset class. At least $200 billion worth of that market cap consists of altcoins that suck, do nothing, and will bleed value forever. Some of th...
Mark HelfmanLike a Cockroach, Bitcoin Will Survive a Nuclear War
Since its creation, people have searched for a “use case” for Bitcoin. It seems the world has no use for money that you can send to anybody, anywhere, anytime, in any amount, without restriction, without revealing your sensitive personal information, without putting your property in another person’s control, with certainty that your transaction will go through and confirmation that every payment you receive is authentic and valid. Nor do they care about having a way to conduct finance that wo...
<100 subscribers
Mark HelfmanSEC Retreats From Ripple But Gensler’s Right About Crypto
Yesterday, the US Securities and Exchange Commission (SEC) dropped two more charges against Ripple for selling its XRP crypto the wrong way. The score stands at Ripple 3, SEC 0. Ripple isn’t the first crypto business to defeat the regulators. SEC Chairman Gary Gensler seems to lose, like, half of the crypto cases that go to trial. That’s an abysmal record for a US government agency, but I can’t object to Gary’s interpretation of US securities law. Legally speaking, he’s right. Under US law, s...
Mark HelfmanTwo Truths and a Lie About Altcoins
You’re hearing a lot about altcoins from bitmojis, analysts, and commentators. None of them are experts, but they’ve picked up some insights along the way. Since the market’s going up, they seem legit. Read on for two truths you might not realize and one lie you might believe.Truth #1—altcoins are $200 billion worth of crapAltcoins are a $400 billion asset class. At least $200 billion worth of that market cap consists of altcoins that suck, do nothing, and will bleed value forever. Some of th...
Mark HelfmanLike a Cockroach, Bitcoin Will Survive a Nuclear War
Since its creation, people have searched for a “use case” for Bitcoin. It seems the world has no use for money that you can send to anybody, anywhere, anytime, in any amount, without restriction, without revealing your sensitive personal information, without putting your property in another person’s control, with certainty that your transaction will go through and confirmation that every payment you receive is authentic and valid. Nor do they care about having a way to conduct finance that wo...
Subscribe to Mark Helfman
<100 subscribers
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Cryptocurrency is a wild ride—a thrilling rollercoaster of highs and lows, with shocking surges followed by stomach-churning crashes. Bitcoin’s price is $52,000 as of this post!
YouTube, Twitter, and Reddit tell you to make money now, FAST, and cash out with massive gains.
What altcoin is about to explode? What's the best narrative for 2024?
Sounds great. Who paid them for that?
Guard against the temptation of buying a significant amount of cryptocurrency at current prices, especially when history has shown us that better opportunities may lie ahead.
This market always has downswings of 30 to 50% once or twice each year. Sometimes, these downswings can last months. Save your money for those times.
Mark, You're telling us not to buy? It's the start of a massive bull market!
What?
I literally just said to buy some crypto. The bull market started in November 2022.
It’s ok. You never get a bad price on bitcoin. No altcoin is worth its price today, but some will go much higher in the future.
I'm a firm believer in the transformative power of blockchain technology and the potential of cryptocurrencies to revolutionize finance. I am even more bullish on the investment opportunity. That's something you can't get with any other asset class.
However, I also recognize the importance of timing and strategic decision-making in this volatile market.
Let's take a step back and look at the bigger picture.
Bitcoin and other cryptocurrencies seem destined to reach new all-time highs any day now. It's easy to get caught up in the FOMO and feel the urge to jump on the bandwagon before prices climb even higher.
Here's the thing: the crypto market is notoriously unpredictable, and what goes up must eventually come down.
That's not to say that prices won't continue to rise in the short term. They very well might. There's just not that much more room to go up. That parabolic rise doesn’t have a lot of room left.
Maybe 50% on bitcoin? 200% to 800% on altcoins?
That’s less than you got last year and far less than you’ll get once the market settles down.
Buying at current prices carries inherent risks, especially if you're investing a significant portion of your portfolio. Markets move in cycles. When you rush to buy at the booms, you risk being left holding the bag when they bust.
Consider adopting a more measured approach.
Wait for prices to drop. ”Consolidations” or “corrections,” as the traders say.
When you do that, you position yourself to capitalize on better prices in the future. A drop to $35,000 wouldn't even break the uptrend we started in November 2022, but you’d get a lot more crypto for your money.
One strategy to consider is dollar-cost averaging (DCA), where you invest a fixed amount of money at regular intervals regardless of market conditions.
This reduces the risk of buying the peaks while also taking advantage of opportunities to accumulate crypto at lower prices during downturns.
It's proven effective in all upward-trending markets. It's an objectively powerful way to invest.
Another approach that beats dollar-cost averaging without extra work or timing the market?
https://cryptoiseasy.beehiiv.com/p/plan-buying-selling-bitcoin
With my plan, you’re up 850% at best, but more likely up about 110% with cash to spare. At worst, you’re even on your investment.
On average, you get 30% more crypto with my plan than you get with dollar-cost averaging for the same amount that you put into the market, without trading or timing prices.
The basic premise: buy low and grow.
This seems backward. Traders would never buy an asset when it crashes. “Don't catch a falling knife.” Wait for a “break of resistance.”
Oh well. The results speak for themselves. You can see for yourself in the chart that goes along with my plan.
You may feel the urge to buy cryptocurrency at today's prices.
With so much upside, you can wait for opportunities to come. A little patience and restraint can go a long way. You don't need to chase prices as they run away from you.
Odds are, they’ll come back—if you’re patient.
Cryptocurrency is a wild ride—a thrilling rollercoaster of highs and lows, with shocking surges followed by stomach-churning crashes. Bitcoin’s price is $52,000 as of this post!
YouTube, Twitter, and Reddit tell you to make money now, FAST, and cash out with massive gains.
What altcoin is about to explode? What's the best narrative for 2024?
Sounds great. Who paid them for that?
Guard against the temptation of buying a significant amount of cryptocurrency at current prices, especially when history has shown us that better opportunities may lie ahead.
This market always has downswings of 30 to 50% once or twice each year. Sometimes, these downswings can last months. Save your money for those times.
Mark, You're telling us not to buy? It's the start of a massive bull market!
What?
I literally just said to buy some crypto. The bull market started in November 2022.
It’s ok. You never get a bad price on bitcoin. No altcoin is worth its price today, but some will go much higher in the future.
I'm a firm believer in the transformative power of blockchain technology and the potential of cryptocurrencies to revolutionize finance. I am even more bullish on the investment opportunity. That's something you can't get with any other asset class.
However, I also recognize the importance of timing and strategic decision-making in this volatile market.
Let's take a step back and look at the bigger picture.
Bitcoin and other cryptocurrencies seem destined to reach new all-time highs any day now. It's easy to get caught up in the FOMO and feel the urge to jump on the bandwagon before prices climb even higher.
Here's the thing: the crypto market is notoriously unpredictable, and what goes up must eventually come down.
That's not to say that prices won't continue to rise in the short term. They very well might. There's just not that much more room to go up. That parabolic rise doesn’t have a lot of room left.
Maybe 50% on bitcoin? 200% to 800% on altcoins?
That’s less than you got last year and far less than you’ll get once the market settles down.
Buying at current prices carries inherent risks, especially if you're investing a significant portion of your portfolio. Markets move in cycles. When you rush to buy at the booms, you risk being left holding the bag when they bust.
Consider adopting a more measured approach.
Wait for prices to drop. ”Consolidations” or “corrections,” as the traders say.
When you do that, you position yourself to capitalize on better prices in the future. A drop to $35,000 wouldn't even break the uptrend we started in November 2022, but you’d get a lot more crypto for your money.
One strategy to consider is dollar-cost averaging (DCA), where you invest a fixed amount of money at regular intervals regardless of market conditions.
This reduces the risk of buying the peaks while also taking advantage of opportunities to accumulate crypto at lower prices during downturns.
It's proven effective in all upward-trending markets. It's an objectively powerful way to invest.
Another approach that beats dollar-cost averaging without extra work or timing the market?
https://cryptoiseasy.beehiiv.com/p/plan-buying-selling-bitcoin
With my plan, you’re up 850% at best, but more likely up about 110% with cash to spare. At worst, you’re even on your investment.
On average, you get 30% more crypto with my plan than you get with dollar-cost averaging for the same amount that you put into the market, without trading or timing prices.
The basic premise: buy low and grow.
This seems backward. Traders would never buy an asset when it crashes. “Don't catch a falling knife.” Wait for a “break of resistance.”
Oh well. The results speak for themselves. You can see for yourself in the chart that goes along with my plan.
You may feel the urge to buy cryptocurrency at today's prices.
With so much upside, you can wait for opportunities to come. A little patience and restraint can go a long way. You don't need to chase prices as they run away from you.
Odds are, they’ll come back—if you’re patient.
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