So, Bitcorn got its V-shape recovery last night, and we’re back above $67,000. Was this the final dip before “up only”? Honestly, I have no idea. This market has amazed me a lot this year. It’s a cycle like never before, but a four-year cycle nevertheless, in my opinion.
SOL seems to be one of the best performers today from the big guys' arena, but then there’s POPCAT, which is doing great. Unfortunately, I don’t own any because I refused to believe such crap would make anyone any money when these shitcoins launched.
Same thing happened with NFTs back in 2021. Who would've thought these crappy JPEGs would turn a few grand into a couple of million in some cases? I missed that trend during the last bull market, and I also refused to buy into the likes of PEPE, WIF, and POPCAT...
I could’ve turned $1,200 into $420,000 back in 2021 with DOGE, and that’s why I’m not fading meme coins anymore. I’ve got a few in my portfolio, mostly cat-themed ones, and I added some last night. I don’t have fresh money to buy more, but I did sell some of my VELO and diversified that cash into meme coins.
I’d never encourage anyone to go all-in on meme coins. There are so many, and you could easily lose money, but on the other hand, it seems like their time is now. Why waste the chance to make money with them? At the end of the day, you can’t buy groceries with your ego—you need cash for that.
For anyone still reading my blog and interested in what memes I hold, I’m a "proud owner" of MEW, CATS, SIMON'S CAT, MANEKY, BOME, DOGS, MANEKI, MFER, CAW, PENG, WEN, and a few others. I only threw a few bucks into each of these, and I’m seeing them as lottery tickets.
Some are performing really well, and I managed to buy most near the bottom. In cases like CATS, for example, I’ve already taken out my initial investment, and now I’m just letting the train ride.
After 15 years of this asset class existing, you’d think coins with strong fundamentals would do best during bull markets, but unfortunately, that’s not the case. The world is so full of speculation, and these coins doing well this cycle reflect that.
As I’ve stated many times on my blog and on Twitter, I don’t believe in a super cycle for BTC or any shitcoin. To me, the best strategy is still buying fear and selling greed, and that’s what I plan to do going forward. At some point, “up only” will begin, and there will be limited time to profit from it, so make these opportunities count.
A bear market—and probably a recession, too—are almost guaranteed in 2026. Until then, we might see all sorts of memes replicate DOGE’s 2021 performance. Don’t chase pumps, though, and don’t put all your eggs in one basket. I did that once, and it’s neither worth it nor fun.
Thanks for your attention,
Adrian