Blast Off Mode Is Here

Top reasons to own bitcoin, all-time highs, and sushi babies

*|MC_PREVIEW_TEXT|* <clever newsletter name> A Crypto Native & Normie Friendly Newsletter Delivered Every Saturday MEME OF THE WEEK (inspired by antics unfolding on the tastycrypto Show) What's Happening Bitcoin After the Election: Things You Should Know Good morning, tasty friends! 🍒 What a week it's been in crypto. The election's over, and with it, a wave of uncertainty seems to be lifting, leaving room for optimism in the crypto space. The regulatory landscape could finally be stabilizing, which means more room for growth and confidence in the industry. Just look at Bitcoin—it's already up 10% this week, even reaching new all-time highs. On The tastycrypto Show, we explored why Bitcoin's unique characteristics make it a compelling investment. With its scarcity (think digital gold), portability, and potential for asymmetric returns, Bitcoin is more than just a trend; it's a digital asset that's here to stay. And thanks to its uncorrelated nature with traditional assets, Bitcoin could also be an effective portfolio diversifier. Ready to understand Bitcoin's long-term potential and why it could be your next smart investment? Check out the full article below! Read it all here What's This Mean? In the Weeds with Ryan Sure, one is a physical metal mined from planet earth and the other is a magical token mined on the internet, but both assets have similar financial properties.  They're both scarce, divisible, and have the same monetary characteristics, but it's the scarcity component which makes them very compelling, especially as a hedge against financial manipulation and fiat currency debasement. For the Normies in the Back Orange is the new gold? Bitcoin has serious potential and it's not something you want to ignore. At the very least, keep your mind open and learning.  Performance Dashboard Solana now on tastycrypto Trading "Blast Off Mode" As previously discussed, the election was the catalyst for a break of bitcoin's big $50,000 -$70,000 range and now it would appear we've entered blast-off mode. There's a lot of enthusiasm in the market right now, and don't get me wrong, I'm excited, but keep in mind policy isn't going to change overnight. Crypto is a big picture trade. That said, the year-end setup and into 2025 is arguably pretty bullish.  I've traded through a couple of crypto cycles now and I've been fortunate to get out at the right times. Maybe I've just been lucky… A few thoughts come to mind. Crypto can be crazy volatile. A lot of the time the volatility is to the upside. Currently bitcoin implied volatility at 50% is low. During periods of high volatility, prices can get extended, but they don't stay there.  Be prudent, take profits. Timing is not impossible, but it's hard. It's also easy to get greedy in crypto given the volatility. Have a plan for what you're going to do if it gets wild to the upside.  Identify the trend and trade inside of the range. BTC frequently moves more than 20% in a week. Sell big rips and buy big dips, but recognize when the trend changes.   For more, make sure to read this week's article on tastycrypto.com and check out The tastycrypto Show below. tastycrypto Show Highlights Glen slays the sushi buffet  50 Million Wallets took the full Orange Pill What will become of Gary Gensler?  Pro-crypto USA Next: Where Do I Start With Crypto with Katie McGarrigle!  Join Ryan Grace & Guests on the tastycrypto Show Mondays & Wednesdays from 4:30pm - 5:00pm Central LIVE on YouTube | LIVE on tastylive WEB3 WORD OF THE WEEK LEARNING HUB Help us name this thing! Stay Tuned for Poll! Thank you for your suggestions! Swag bags have been sent and we'll be launching a poll later this week to determine the final winner...  Stay tasty,  Ryan Contact |  Blog  |   Learn If you no longer want to receive our communications, please click here. tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. and tastytrade, Inc. Neither tastylive, Inc. nor tastytrade, Inc. are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved, including volatile market prices, illiquid market conditions, lack of regulatory oversight, market manipulation, and other risks. tastylive, Inc., 19 N. Sangamon St., Chicago, IL 60607, United States