Back in the day when I was in college and it felt like the sky was the limit for almost anything, the old folks looking at us saw so many flaws in everything we did... Like, literally everything. Looking back at my younger self, I realize how much time and energy I wasted.
On all sorts of unnecessary and futile crap. Time is a valuable asset. Time builds up to a point, then it can destroy. Unbelievable physiques are forged over time, and outstanding fortunes also demand time.
Warren Buffett is one of the wealthiest dudes to ever live on this planet, but most of his wealth came after he hit 50. It took years to compound his investments and revenue and to build the mountain of knowledge he has.
He’s old school, and the man sees no future in crypto—he’s got no skin in this game. Many of us have been in crypto for close to a decade or more, but very few have managed to make it big, like building insane portfolios or reaching financial independence through crypto.
Most of us who failed at that have one thing in common: we lack patience and trust in time.
I’ve been eyeing some charts lately, trying to figure out what’s next for altcoins. I know BTC is the king of them all, but to me, BTC is no longer the best bet in crypto. ETH looks insanely strong, and once it scores a new ATH, it’s game on for altcoins.
One altcoin I’ve been watching lately is DOGE. DOGE used to be an altcoin season indicator back when making 30X-100X was within reach for many of us, if we’d been disciplined and patient.
I personally owned 588,000 DOGE back in 2019 and held onto my stack for a few months. It was worth $1,200 when I decided to dump it all and diversify into other shitcoins, which, at the peak of the 2021 bull market, were worth a combined $8,000.
I didn’t take any profits from that, just like I didn’t take profits from my portfolio in Q2 of 2024 when I grew it from about $8,000 in total investments in 2022 to roughly $36,000 at its peak in Q2 2024.
I fell for the early-cycle hype and expected my portfolio to at least 10X from that level based on past performance, but it didn’t happen. A year later, my portfolio is worth less than it was in Q2 2024.
But if I’d held onto my DOGE stash from 2019, even after the severe correction from the $0.9 ATH in 2021, I’d still be sitting on over $100,000 in profits. Time creates winners, but I guess I’m not born one, ‘cause my patience—or lack thereof—has “helped me” ruin opportunities cycle after cycle.
We’ll see what the rest of the year holds, but even if I don’t make it this cycle, at least I think I’ve learned something after all these years of screwing things up. The cards are still on the table, though... We ride or die. Have a great one, and I’ll catch up with you all next time.
Thanks for your attention, Adrian
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