When and IF to Cash Out

Will the peak of this market be like the others?

It’s 7/17/21 and I still ponder the same question in my head, much like many of you do. When should I cash out, if I should cash out at all?!

I get this question a lot and to be frank with you, I’m not entirely sure. As previous markets have shown there are pretty accurate ways to discern the peak of the markets as they relate to the cycles as have happened to date. However, a great deal has been changing in the current markets.

What we know is that regulators and governments don’t always act to protect the little guys, us. They are known to protect the interests of those protecting their careers more often than not and with the change in global political climate as late as well as the institutions gaining interest and accumulation in the crypto space, the question may no longer be when to cash out, but if you should at all. Nothing in this newsletter is ever to be taken nor is financial advice as I’m just some dumb guy on the interwebs and am not licensed to provide such information. This is all my personal opinion from which you may choose to point you in the direction to do your own further research and tell me just how wrong I am.

What do we know?

We know China has banned Bitcoin mining for the umpteenth time, but this time, as a precursor to its launching its own Digital Yuan. We know China is a major power in the global scene and is the truest form of a functional Technocracy today with Switzerland being the current truest form of Democracy. That being said, a Technocracy doesn’t really have elected officials, lobbyist groups and least of all, red tape in what they want to do. In a Technocracy a panel of appointment scientists, economists, etc all work together to make decisions for the whole. The public are also watched like hawks, kept within the fine lines of what is expected of them as a society and culturally driven to behave in ways that ultimately benefit those above them. Social media is controlled and censored if not restricted altogether and more. Sounds bad right? Well, to many it is, however, as what is what I believe the leading Super Power in the world today that owns a substantial amount of the United States, I believe everything happening right now is a means of ushering the US into its own form of Technocracy…I know, you think I’m crazy now right? It really doesn’t take much effort to connect the dots on this. You can start by reading up what is happening here WEF. With companies like Blackrock, one of two companies including Vanguard that own parts of just about every company in the USA and others, it’s obvious the vast majority of what we see and do is already under the control of very few people. Blackrock is currently buying up Single Family homes across the country at above market value. Why? I believe it’s to begin a rental society as is explained by the WEF. We have folks like Bill Gates buying up insane amounts of farm land for the carbon credits in what I believe is in efforts to control the cattle industry to reduce red meat consumption and ozone depletion. There is much more to this, but overall, there is a great deal of effort to conform to the methods of China to streamline society in major ways and if you want me to get really crack pot about things, remove the politics, right or left out of the equation. Consider them two sides of the same coin if you will. I believe the 2020 election was structured the way it was to intentionally lower confidence in our system so that the public becomes outraged (on both sides) at what “may” have occurred and demand an alternative…Technocracy will be waiting with open arms to embrace the fears of society.

Through a Technocracy, the US (and other countries) will be able to more seamlessly work with one another without societies having much say in how, when, etc. Through this, I believe we will see a more unified global government.

I know, I’ve probably lost you already and I’m writing this from the hip without references and such, so I get it, but I’m not done. Bare with me a few more moments.

Now, let’s say as crazy as all of this may seem, it turns out to be true. We have major investors, billionaires and institutions investing into Bitcoin and other digital assets as a hedge against the inflation and debasing of the US Dollar.

China is preparing their own Digital Yuan. The US is obviously working on their own digital asset and other countries as well. The World Economic Forum recently released their own Cryptocurrency Guide Book for their members (which is exclusive and lists 6 cryptos they endorse including Cardano, Stellar Lumens, XRPL and others I’ve published in the post previous to this one.

You may be asking, so which one will be the global currency?

My belief is that it will be all of them…remember the Facebook Libra token? While I dont believe the One World Token will be Libra or any one of the state issued tokens, I do believe it will be much like Libra in that it will be a token made up of a basket of all of the world digital assets.

What does all of this have to do with when or if to sell at the peak of a market? We want to first look at when the next peak of the market may be. I reference the Pi Cycle Top Indicator in my videos often as it has been very accurate even up to the recent peak. What I am waiting for are announcements as to what the “Global currency” will be and planning to exit my positions around the market peak into that asset.

The very nature of Blockchain technology is in that it is primarily decentralized which is great for a global currency. It can also be more easily tracked much easier than paper money can. I believe the global basket token will not be decentralized which is why I believe the WEF has listed XRPL as one of their 6. In any case, all of the blockchains they break down are useful in their own way depending on the goal.

Overall, with over 10,000 tokens out in the market, I believe a grand change will hit the crypto space and reduce the number of used assets to a fraction of that. Those in that fraction of assets will not likely dump as greatly or for as long perhaps as the rest at the peak of the market. I believe there will be an initial dump at the peak, but the cream will likely not fall as deeply as the majority and you will know where the institutional money really sits. My guess is that it will be sitting with the 6 crypto listed in that guide (linked in the previous post).

I believe the times are going to be drastically changing over the next 6 months and this post is either going to look like something written by a complete crack pot nutter, or become proven as prophecy. I’m in fact always right sometimes. :)

In summary, my exit strategy is to exit the market by averaging out a fraction at a time before what I believe to be the next market peak and potentially only exit half of my positions while leaving the rest. The reason for this is, I dont believe I hold any garbage tokens with flimsy value, limited use cases or niche focuses. Due to that, I know that while prices fall, major players will be gobbling them up at discounts leaving even less for people to buy back into later.

Depending on your capital gains tax laws where you are, this too is something to consider dependent upon when you entered the market. Check with your accountant or CPA for those details. I will update a future post with a continuation of this thought as more things unfold.

There will be a lot of interesting thoughts shared here in the future so if you aren’t already, please subscribe as this post will be the only free post here. It’s meant to make you think and stick around for further thoughts, either to the confirmation or complete destruction of my theory and hopefully bring you into the discussion in the comments.

As always, be safe, be well and Crow Your Coins.