Weekly Rundown - March 10, 2024

One high after another

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In that update, I checked in on my alerts, talked about the prospects for altseason, and looked into some metrics and trends that tell us a lot about the circumstances we find ourselves in.

Also, make sure you got my latest altcoin report.

The token is up 50% since I posted the report, but it's so small that it has plenty of room to run. Check the limit I set on the market cap when you read the report—that number is flagged in a colored box.

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How many non-crypto people have talked to you about crypto so far in 2024?

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Bottom line: a popular real estate celebrity discovered bitcoin protects your wealth better than land and houses.

My take: I still feel weird telling people to buy magic internet money rather than engage in productive economic activity, but it’s also a sign of the times. Hard work doesn’t pay like it used to, and Western monetary systems destroy the value of what it does pay. We need an alternative. Bitcoin is that alternative.

This is an indictment of the status quo, not a knock on bitcoin.

Why you should care: when you stick with this asset over the long run, you do ok.

Relax and enjoy the ride!

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