Are you ready for “Uptober”????
Do you even know what that is? If not, you should, because it signals the start of an incredible opportunity.
“Uptober” is the term used by crypto users to describe the tendency for Bitcoin and digital assets to go berserk in October. Since 2013, Bitcoin has only experienced 2 red (down) months, compared to 8 green months, so historically it is viewed with a lot of enthusiasm and hope by the community who feels this portends the true start of a Bull Season.
While September is generally known as “Rektember”, crypto actually performed quite well this month, as many of the bullish events we have been predicting are starting to come into fruition. This bodes well for the month(s) to come. Looking back at what has happened earlier in 2024, we have predicted and seen:
The Bitcoin Halvening
Blackrock’s Full Push into Crypto
Launch of Multiple Bitcoin and Ethereum ETFS
The Fed Finally Cuts Key Interest Rates in September
Now, looking forward, we can consider some of the key events still to come in the near future. This includes:
The eventual distribution of the $16B in FTX-user assets which had been held in reserve. I imagine there are a lot of crypto-hungry buyers looking to go on a shopping spree over the next few weeks as these repayments hit their accounts.
Also, the beginning of November will see a new President elected, and both candidates are promising to look to crypto with a favorable eye. While Trump is seen as the more crypto-friendly candidate, Harris is vowing her support as well, so it could be that whomever is elected, the Crypto Industry will be the overall winner.
With so much bullish activity, it is little wonder that the motors seemed primed and ready to race in the days ahead for the market. All signs point to an awesome Uptober 2024.
What Does That Mean For You?
Those who have suffered through long crypto winters know that there is generally a very short window to capitalize on the shorter bull seasons that can see prices skyrocket overnight. While there has been general improvement in the market as of late including positive action on Bitcoin prices, there remains an incredible number of promising projects that could benefit from wild consumer sentiment. It is not outlandish to believe that portfolios could multiply in value more than 20x over the next six months if you pick the right projects.
If ever there was a time to dip your toe in the crypto waters, or even better launch a full cannonball and go all in, now would be it.
My Portfolio is Primed and Ready
So what am I holding in preparation for the crypto mayhem to come?There are 9 primary tokens in my portfolio. I’m shared most of these plays before but there are a few new plays and this is is how my Tangem Wallet is constructed as we begin “Uptober”:
Bittensor (TAO)
Trias (TRIAS)
Wadzpay (WTK)
Alkimi (ADS)
Kaspa (KAS)
Agoras (AGRS)
Arbius (AIUS)
Quilibrium (QUIL/wQUIL)
NeuralAI (NEURAL)
As I’ve discussed in previous posts, I believe that AI will continue to be the dominant narrative for the time being, but overall the entire market should see excellent price action. For those who choose to take action, the potential for life-changing financial awards awaits.
So what are you buying/holding for the Bull Run to come? Share and comment for all the community to benefit from!
Let’s Connect!
Follow me on X for more Crypto insights and wealth building strategies! My best-selling book, No Limits is available on Amazon, as is my latest best seller, The Ultimate Prepper’s Survival Handbook.