Rektember Has Been Short Season 📉🚀

Today’s edition is brought to you by RugMeTrades – the best trades signals anywhere.

Its Monday ! Let’s Start the week off with some Gains! 💪 💥

  • 🚨 Another hack to kick the week off 😅🤡
  • 🆘 HEX and PulseChain founder Richard Heart is sued by the SEC for securities fraud.

📊 Market Overview: 

BTC : $26084.78

ETH : $1570.08

BNB : $208.00

Have you ever wondered why so many people fail in the crypto space?

After hours of calls, tons of networking and time spent advising crypto startups we’ve narrowed it down to a very simple reason as to why most fail to create anything meaningful.

People are LAZY. Yes it’s literally that simple. Lazy has killed more projects and lost investors more money than absolutely anything else. Lets break down some of the ways that LAZY often manifests so you can avoid projects that will end up loosing you money.

LAZY IDEAS: Lazy Ideas are all over the space, Charity coins, most Meme coins, Dog Coins etc. They all have a relatively unintelligent business model. A model that puts hype before quality and where the idea is nothing more than an excuse to launch a token. These projects start off on the wrong foot and usually meet a fairly painful end.

LAZY PROBLEM SOLVING: Lazy thinking is another reason so many projects end up failing. People in general lack any critical thinking ability. We’ve seen it all to many times when advising startups. The quality of ideas that most teams bring to the table is laughable. We worked with a multi million dollar project that raised millions in presale, then gave away millions in tokens for free and refused to even discuss a token lockup or vesting for all the free tokens. Needless to say, the haven’t done over 100k in volume since launch. Absolutely LAZY.

Lastly, many project teams are just lazy and give up before having exhausted every single option possible. You wanna invest in projects where the teams are in it for the long haul and regardless of price action, they keep on pushing and building!

Welp… Another hack to kick the week off 😅🤡

Mixin Network, a decentralized crypto network has been hacked with $200,000,000 confirmed stolen.

It seems like news of hacks are becoming all too common as of late. The frustrating thing is, that almost 90% of the time, hacks are the result of HUMAN error. What does that mean? Someone gets LAZY and sends a password via email or text. Another common error is people clicking links on their work phones that gives people access to their passwords and well…. The rest is history.

Our solution to this is quite simple… You Can’t Fix Stupid.. But you can protect yourself against stupid by using Self Custody where ever you can. This means even when you stake your crypto. Shop around and find companies and projects that will allow you to interact with their platforms via Self Custody Wallets (cold storage) like Ledger. Stay Safu 🙃😅

🚨US Fed Chair Powell Announces Fed is “Fairly Close” to Target Interest Rates. 📉

Jerome Powell, the Chair of the US Federal Reserve, has hinted at an imminent adjustment in interest rates, stating that the Fed is “fairly close” to its target rates. Let’s break down what this means.

1. Rate Adjustment: Powell’s statement suggests that the Federal Reserve is considering a change in interest rates. Lower rates stimulate borrowing and spending, while higher rates can help curb inflation.

2. Economic Indicator: The Federal Reserve closely monitors economic data, like employment and inflation rates, to determine when to adjust interest rates. Powell’s comment indicates they’re seeing signs that may warrant action.

3. Impact on Markets: Interest rate changes can significantly affect financial markets. Investors often react to rate shifts by adjusting their portfolios, which can lead to market volatility.

4. Inflation Concerns: One key factor driving this potential rate adjustment is inflation. The Fed aims to keep inflation in check, and higher interest rates can be used as a tool to combat rising prices.

5. Forward Guidance: While Powell’s statement provides a hint, the Federal Reserve typically communicates its rate decisions more explicitly in official statements and press conferences.

6. Economic Balancing Act: The Fed’s role is a balancing act between promoting economic growth and keeping inflation under control. Any rate adjustment aims to strike this balance.

Keep an eye on official Federal Reserve announcements for more details on their plans. Powell’s remark is a sign that the Fed is actively managing the economy, responding to the evolving economic landscape.

Today’s edition was brought to you by RugMeTrades – the best trades signals anywhere.

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Have an amazing Monday its time to get serious about winning. 🚀 We will see you guys Wednesday! Stay SAFU and stack Coins!