Yesterday, with Bitcoin down significantly – and the crypto space, in general, under tremendous pressure – I immediately went into action to assuage investor fears… including, of course, attacks on the predators who profit most from short-term price declines. I.e., TA FUDsters executing the time-tested con game of being “short-term bearish, long-term bullish” – which trust me, after 15 years in the equally small, alternative-media-dominated Precious Metals sector, I understand better than anyone.
In a nutshell, most investors would rather believe “gurus” have insight into the future than trusting their own judgment; whilst said “gurus” – most of whom, like KING TA FUDster, have horrific track records – understand that the direr their predictions, the more people will tune in. Also, that once prices turn back higher, the same investors will flock to them for mega-bullish forecasts, making it a win-win situation.
Despite the incredible – in many cases, historic - growth in its network, price, and potential, Bitcoin remains an extremely immature market…with extremely limited analyst coverage and investor understanding. Plus, given its ultra-thin float, it remains highly illiquid relative to other major investor classes – and thus, subject to violent swings in both directions, irrespective of fundamentals. Throw in the huge correlation Bitcoin still holds with altcoins; and relentless, anti-Bitcoin forces from a mainstream investor community terrified of its potential; and you have an asset subject to violent declines on a regular basis…that in turn, fuels the very investor fears, and paralysis, TA FUDsters prey upon.
And then there’s me…the rare, OLDER investor who has staked a major claim in the Bitcoin community, with “intergenerational wisdom” to impart based on three decades of experience as a CFA-trained Wall Street analyst and trader; public company investor relations officer and consultant; sound money expert, based on 15 years of being one of the leading Precious Metals and macroeconomic commentators; and cryptocurrency thought leader – based on more than 2½ years of HODLing Bitcoin, and commentating on all aspects of the crypto market.
Who, I might add, couldn’t have better intentions, regarding my goal of helping investors understand the unprecedented Bitcoin investment opportunity – including the aforementioned, at times terrifying, way it trades. And oh yeah, did I mention I’m from New York – with a hard-nosed, confrontational manner towards trolls, con artists, and anyone else threatening to scare people out of their Bitcoin?
Those who know me in “real life,” know I am as mild-mannered of a person as you’ll find – particularly regarding Bitcoin, as I long ago learned that preaching to those with no interest in learning is a fool’s errand. I’m hyper-competitive in all aspects of life, but respectful to those who disagree with me. In fact, if you watch my One-on-One podcasts, you’ll see numerous examples of this.
However, the “avatar” I utilize on Twitter – with the boring name 
In fact, I have little incentive to work as I do – which is why it’s so incredible that I STILL work harder than essentially anyone in the crypto blogosphere…publishing daily content that I spend countless hours on – including scripted podcasts that, on average, take two-plus hours to script, tape, and distribute. I no longer accept compensation for CGC blog subscriptions, get paid essentially nothing in Steem (given that its price is currently depressed), and receive ZERO benefit from having more Twitter “followers” or podcasts hits. And yet, I still power ahead, publishing content EVERY DAY without fail!
What makes me tick is the GAME – as after years of being involved in “mugs’ games” like Precious Metals and mining stocks, it’s so refreshing to be front-and-center – both personally and professionally – in something that not only HAS worked, but WILL continue to for years to come. Also, the financial freedom Bitcoin has given me has, for the first time, enabled me to run my own business, and say what I please. Which, after three decades of working for the man, is the most rewarding aspect of my crypto career. And by the way, CGC’s current business model is cryptocurrency consulting – for both individuals and altcoin developers…the latter of which, has not yet translated to any clients, due to weak market conditions and the level of discernment I plan to utilize, given how important it is that my clients’ cryptocurrencies succeed.
So, when you see me acting aggressively on Twitter, rest assured, it’s not because I’m upset about being “REKT”; but because, during times of crisis, I step up my game – in defense against the predators who use such events to prey upon the Bitcoin community. My goal, throughout a 29-year career, has been to WIN the game – i.e, become independently wealthy as soon as possible…which is why I so passionately support the best such opportunity, Bitcoin, I have ever come across.