Musings From The VCs

"Insights, Reflections, and Lessons from the Frontlines, Intermediates and Beginners in the Venture Capital World."

Tag: cryptocurrency

  • An Intern’s Predictions

    Musings of an Intern

    10/12/24

    Dear Diary,

    Markets are changing and it’s a scary time ahead… The world is full of uncertainty and volatility and I am not sure what to think of it. With the new US President elected, the abrupt martial law in South Korea, Japan ending its eight year period of negative interest rates and many more globally stimulating events.

    But it’s not all bad. Despite this volatility, there is a positive economic outlook and although growth may slow, growth is growth. Like I was reading on some of the new incoming policy changes in the US like increasing tariffs and tighter immigration. I really think they are set to affect imports and exports globally and hinder demand whilst increasing inflation. It may just become a heaty season for the prices in the products market. Hopefully though, Trump’s policies on lower taxes and deregulation could also cause a bull market as we have seen amongst cryptocurrencies and stocks since he has been elected into the office. I am really praying man, I am trying to 10x my money. ($cha-ching$)

    Although strategists have found it difficult to formulate future outlooks, many have hinted to average returns of around 10% growth in the stocks market in 2025, making it an average year for markets. Long term outlooks have been hopeful and profit margins are expected to rise as operational efficiencies have not been realized since the pandemic. With many offices still yet to return to work 5 days a week, growing innovation and technology, strategic layoffs, and, improving manpower efficiency, we could see a massive growth market. Earnings growth is also as such expected to widen out away from the “great seven” of the S&P 500 this year. So, this time around I am going to diversify and multiply and hope for the best.

    Price ratios are also at all time highs and these high valuations could cause the market to cool off and demand to see actual earnings potentials in the coming years if one were to expect parabolic growth of stocks. Regardless, with a strong momentum and easing of monetary policies by central banks and strong innovation in all fronts of R&D, let’s kick back, sip our cha, dip our biscuits and hope for the best. In the coming years we could be seeing generative AI blow up and develop in the market aggressively and push for cross border collaborations strengthening technology on all foregrounds and improving our daily lives. So my dearest diary, I am really quite excited for the new year.

  • The Digital “Gold Rush”!

    Musings of an Intern

    28/11/24

    Dear Diary,

    I was up all night yesterday, mesmerized by all the various memecoins. Seriously….what is this “ChillGuy” token? Market Cap of 435 MILLION dollars with a equally large trading volume in the past 24 hours. What’s more is that in the past 5 days, the coin went up 266,000%. I could have been a millionaire, instead I was busy watching the new season of Outer Banks on Netflix.

    Like don’t get me wrong, I am not a complete newbie to all these digital coins. I have been dipping my fingers into some of these virtual pools and picking up some of them to keep for myself. These decentralised virtual assets have been wrecking a chaos on me though. From the Sam-Bankman Fried scandal causing the FTX crash to Chinese and American crypto “whales” that move markets in seconds. Price manipulations are occurring left and right, and I am the small fish left there to drown. Crypto is such a gamble, do I really want to take this risk…

    Cryptocurrencies and memecoins have also gained so much traction since the recent elections and there are overnight millionaires being made regularly. There is so much money to be earned in this ecosystem, billions upon billions are being poured in and I think despite the risks there is much to be gained.  I mean how is that in our reality the 7th largest cryptocurrency is a memecoin called DOGE. The community of memecoins is a volatile yet passionate one. Whilst Bitcoin or Ethereum, were created with an actual financial utility in mind, memecoins are made cheaply and often marketed and the communities are fostered in order to grow and manipulate its value.  The beloved DOGE coin for example is mentioned in high frequency by Elon Musk, the richest man of today, boosting its value tremendously. Other memecoins like “ChillGuy” or “Grumpy Cat” are simply a marketing wonder, tapping into the absurdity of the internet’s meme culture. Often times, it is an inside joke from Tik Tok or Reddit, and the more you’re in on it, the more likely you are to toss in a couple of bucks to see if it pays off. The meme economy is a real thing.

    So with all these thinking and going back and forth on this today, I have decided maybe I will gamble off my money sometimes but not much. I will skip a Starbucks drink here and there, maybe I will get lucky or maybe I will laugh at myself. Most importantly I will keep a balance, try not to get caught up in making a quick buck and stay in the loop. One of these nights I will hop on a discord call with my friends, grab some popcorn, open tabs for DexScreener, Reddit, Twitter, Phantom, and Telegram, while saying ” xxx to the MOONN!” But tonight, I will just get all snugly and watch my Outer Banks on Netflix.