Upgrade your crypto portfolio with a tightening Fed.
3circleinvestments.substack.com
Shitcoins are just decentralized high multiple, early stage “tech” stocks. In era of tightening financial conditions and “earnings” multiple destruction that is coming from a Fed seeking to prevent inflation expectations from becoming further unanchored, Shitcoin valuations should get crushed. Time to hi grade crypto portfolios and buy those that can grow into “multiple” over time.
Upgrade your crypto portfolio with a tightening Fed.
Upgrade your crypto portfolio with a…
Upgrade your crypto portfolio with a tightening Fed.
Shitcoins are just decentralized high multiple, early stage “tech” stocks. In era of tightening financial conditions and “earnings” multiple destruction that is coming from a Fed seeking to prevent inflation expectations from becoming further unanchored, Shitcoin valuations should get crushed. Time to hi grade crypto portfolios and buy those that can grow into “multiple” over time.