🧠 From FOMC to Rick & Morty (Getting Crazy)

Hello Seedphrase Nation! 👋 We're here to make you a little smarter everyday. Kinda like your SAT tutor, except we teach you things that are actually useful.

Today's Agenda 📓:

• 📆 Upcoming dates you need to know

• 💸 A step by step investing strategy for bear market conditions

• ❌ We made $20K in our sleep with this NFT.

We gave you a heads up on important dates coming up earlier this month. 

But here's a sweet little reminder because we don't want you falling behind. Think of this like a snickers bar in your lunch box with a note from Mum xx <3

• ⏳ TODAY: FOMC meeting.

  • The Federal Open Market Committee are 12 members who meet every few months to decide what happens to the money supply. Fraternity chapter meeting vibes.

  • what to expect: another interest rate hike tomorrow, Nov 2. They may not stop until interest rates are at 5% (currently at 3.25%).

  • what this means: the FED sees consumer prices still rapidly rising. They are ready to keep hiking interest rates until inflation cools down.

  • doomed?: The FED will stop at nothing to curb inflation. Some experts are warning the FED will drive us into a global recession. The FED seems to take the position that a recession is a worthwhile price to pay to stop inflation.

• 🇺🇸 November 8: Midterm Elections

  • We're not going get political. We just want both sides to have a good time.

  • Markets: whether Democrats keep their majority in congress, or if the Republicans take more seats, it will influence markets and affect monetary policy.

  • Challenge: Find out what you have conviction in happening. Test your expectations with reality in 7 days. How do you think this will affect markets?

• 🛒 Nov 10: CPI report

  • If you've been keeping up, you know we're not a big fan of CPI reports. Because they aren't the most accurate.

  • what to expect: If you've gone grocery shopping, filled your gas tank, or paid for a date- I feel your pain. I see you. And I hear you. . Based on Macro factors, and politicians who only care about their midterm campaign right now, we expect inflation to stay in the 8% range. AKA no meaningful change.

We have no control on these events, so why does it matter?

Because it will affect the markets. If you want to make a bag, paying attention to the news is vital.

If you live under a rock, here's a reminder we're in a bear market.

Also, Brady left the Pats. And the FDA had to announce that you can't cook chicken in NyQuil.

It feels like we're beating a dead horse here, or maybe a dead bear. But we can't help it: people are still scared to make money right now.

Did you know: Uber, Spotify, Airbnnb, and Square were all founded during the 2008 financial crisis.

Rich people know this is the BEST time to line your pockets. It's called delayed gratification. "Buy low, sell high" as they say.

But how do I know I'm investing in the next Uber?

• you don't.

So how can I make smart investments that will pay in the next bull run?

• Read this thread: "The Ultimate Guide to Buying Tokens in a Bear" by Miles Deutscher. He's one of our favorite thought leaders in the space.

• He's young, smart, and incredibly accurate. He's usually right about most things. And can explain complex concepts simply.

• Throw us a follow on Twitter to never miss quality content like this.

TLDR: Ultimate investing checklist for bear market plays:

1. What stage is the coin in?

• You've done some research, you like the coin & founders are solid. So you think you're ready to buy? Slow your roll sweet child.

• Before investing, you have to have a plan. In a bear market, investments are riskier. So your plan has to be stricter.

• Before pulling the trigger, you need to know the stage the coin is in.

• there are 4 stages: speculation, retail, offloading, accumulation.

2. MOST COINS WONT FOLLOW THESE STAGES

• the strategy is to pick ones that do.

Solana as an example:

1. Speculative buyers and insiders buy in. 2. Retail sees the hype and gets involved. 3. Offloading: VC's and early buyers exit. 4. Accumulation phase commences: sideways movement for a long period of time.

Accumulation is ONLY if it has been moving sideways for a significant period.

Accumulation phase examples: $SOL, $DYDX, $BIFI

3. The Bottom Line

• Worst time to buy: offloading stage. This is why FOMOing in is bad, because you're usually someones exit liquidity.

• Best case: look for coins that have gone through the first 3 stages, and are currently in the accumulation phase.

• NEVER invest at once. Always DCA in.

• Do not use bull market strategies in a bear market game. Finding a coin you like with good fundamentals and founders was enough for the bull, but it wont be enough for the bear.

• Check the coins price index chart to identify if it is in the accumulation stage, if at all.

• If it is in the speculation phase and you have high conviction, invest 30% of your original position.

• Remember many coins wont have these stages at all. This signals higher risk.

⚜️ Golden Nugget: With out a plan, you plan to fail. Especially when it comes to investing.

Smart investors:

• do research

• create investing plans and stick to them

• never act on emotion

SIKEEEEEEE!

It was impossible getting on the whitelist for this. And there's a shady reason. warning: do NOT fomo in now.

First, what the hell is even Art Gobblers?

They came out of no where, like the daddy chill guy: (if you haven't seen this, you're welcome)

Every now and then you get a Goblintown or a CryptoDickButts to come entertain our NFT ghost town.Today, its Art Gobblers.

Everything you need to know in 10 seconds:

• minted yesterday, 10/31

• was a FREE MINT, sky rocketed to 15 ETH floor ($20K flip!)

• founder: Justin Roiland. Co-creator of Rick and Morty (any pickle rick fans out there?)

• backed by Paradigm, a huge Web3 investment firm

• self proclaimed "decentralized art gallery" where you can create and share your artwork

• If you feel like a shmuck for missing out, read on because..

...It's all Rigged:

All the biggest NFT influencers just so happened to have the inside scoop and minted.

We're not new to this, we're true to this. Its the same cycle: a project gets hyped up by a bunch of influencers, they somehow have whitelist spots, they mint and sell for an obscene profit.

Here's a list of big time influencers who minted:

So don't feel bad. Even if you were grinding for a whitelist spot, it would have been extremely difficult to get.

When it comes to NFTs and crypto, always ask yourself who stands to profit? If the project is saturated by whales, it could be a sign they're luring you into a trap. More often than not, everyday investors lose bad when they FOMO in.

If you feel late, that's because you probably are. You're better off sitting out.

Don't be someones exit liquidity. Not in this economy.

If you got any value out of this- your friends and family probably would too. Send this to just ONE person you want to share your web3 journey with:

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research