Subscribe to Mark Helfman
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...
Share Dialog
Share Dialog
Bitcoin’s price is on a tear and the rest of the crypto market’s zooming, too. Altseason seems like it’s just around the corner.
Nobody’s talking about bear markets anymore.
Does that mean it’s time to stack some celebratory sats? Will your friends let you buy altcoins now?
2022 was the last best chance to get into crypto. That chance is gone.
If you followed my plan, you bought crypto most of that time. You avoided the major local tops and stopped buying earlier this year.
https://cryptoiseasy.substack.com/p/crypto-is-easy-special-issue-my-plan
Since then, you’ve set aside cash, waiting for the next opportunity.
When will that opportunity come? And at what price?
Nobody knows. We have to wait for entrance liquidity.
What’s entrance liquidity?
It’s the opposite of exit liquidity. Exit liquidity is crypto you buy at the peaks or after a big pump. Traders use your money to “exit” at the top of the market. The “sell high” part of the “buy low, sell high” equation.
Entrance liquidity is the crypto they sell at the bottoms or after big crashes. Traders give it to you at low prices to “protect their capital” and “never catch a falling knife.”
We use that entrance liquidity to get crypto at a discount. When the market turns, we let the traders pump the market for us and get everybody else excited again.
Crypto is one series of booms and bust cycles over short timeframes and long timeframes.
While nobody knows how high the market will go and how far it will fall, we know we will get a crash. Bitcoin has multiple 30-50% crashes in every bull market.
When bitcoin falls, altcoins fall harder.
We’ll get another crash. The only question is how high does the market go before it falls. Will we get a slow bleed like 2019? A swift drop like 2020? Something in-between?
Whatever that crash looks like, make sure you’re ready to catch that entrance liquidity when it comes.
Bitcoin’s price is on a tear and the rest of the crypto market’s zooming, too. Altseason seems like it’s just around the corner.
Nobody’s talking about bear markets anymore.
Does that mean it’s time to stack some celebratory sats? Will your friends let you buy altcoins now?
2022 was the last best chance to get into crypto. That chance is gone.
If you followed my plan, you bought crypto most of that time. You avoided the major local tops and stopped buying earlier this year.
https://cryptoiseasy.substack.com/p/crypto-is-easy-special-issue-my-plan
Since then, you’ve set aside cash, waiting for the next opportunity.
When will that opportunity come? And at what price?
Nobody knows. We have to wait for entrance liquidity.
What’s entrance liquidity?
It’s the opposite of exit liquidity. Exit liquidity is crypto you buy at the peaks or after a big pump. Traders use your money to “exit” at the top of the market. The “sell high” part of the “buy low, sell high” equation.
Entrance liquidity is the crypto they sell at the bottoms or after big crashes. Traders give it to you at low prices to “protect their capital” and “never catch a falling knife.”
We use that entrance liquidity to get crypto at a discount. When the market turns, we let the traders pump the market for us and get everybody else excited again.
Crypto is one series of booms and bust cycles over short timeframes and long timeframes.
While nobody knows how high the market will go and how far it will fall, we know we will get a crash. Bitcoin has multiple 30-50% crashes in every bull market.
When bitcoin falls, altcoins fall harder.
We’ll get another crash. The only question is how high does the market go before it falls. Will we get a slow bleed like 2019? A swift drop like 2020? Something in-between?
Whatever that crash looks like, make sure you’re ready to catch that entrance liquidity when it comes.
No comments yet