Rewards1: These Are Scary Times... Here’s What to Do Next

February 28, 2025 | Listen Online | Read Online

Editor's Note: Today's issue is an update that appeared in Big T's Inside Crypto. With all the volatility in the stock and crypto markets, we wanted to share it with all of our readers.

Please see the P.S. below to submit your questions.

These Are Scary Times… Here's What to Do Next

If you are not scared right now, you wouldn't be human.

Our country is in the midst of a civil (servant) war between entrenched bureaucrats and the White House… On top of that, the United States is resetting trade relationships with all its trade partners… And inflation is still a huge issue.

We are in a cauldron of uncertainty. And financial markets hate uncertainty.

So far, the stock indexes haven't dropped that much. But certain pockets of the market – such as technology – have taken a real thumping. And along the way, we've seen crypto assets get mauled lower.

All of us investors who have been outperforming the indexes have a heavy concentration in technology-focused investments. I lump crypto into that as well. So when traditional tech takes it on the chin, so does crypto.

So we have to ask ourselves: Is tech dead? And by extension, is crypto dead?

Well, it sure "feels" that way.

Widely held stocks like Palantir, Super Micro, and Nvidia have been down as much as 32%, 34%, and 26% from their respective peaks.

Altcoins are down more than 70%... bitcoin has been down as much as 25%... And Solana – a coin I am very bullish on – has been down as much as 56%.

Throw in all the political and economic uncertainty I outlined above… And again, it sure "feels" like this is a bad time to be in the markets. And it feels like an awful time to add money to the market.

But before you sell everything and go to cash, answer these questions for me: When you look back at the best prices you've ever got on your investments, was it when everything was rosy and certain? Or was it when everything was rocky and highly uncertain?

I've done this review in my own portfolio. And by far, my worst performance has come from buying when my "feelings" were telling me, "Nothing can go wrong."

And my best profits have come from when I bought when my "feelings" told me, "Everything's wrong; you can't buy now."

On Wednesday, I wrote about how to take advantage of the fear swirling around bitcoin.

Today, I want to share another idea with you that I believe is wildly cheap right now… But you won't want to buy it. All of your "feelings" will tell you to stay away.

But here's the thing about "feelings" ... They are lousy at helping you make money.

So, if you're prepared to go in the opposite direction of your "feelings," keep reading on for an idea that – at a minimum – will double your money this year… And will likely go far, far higher than that.

The Meme Coin Craze

In October 2024, we made the decision to reallocate 75% of our Ethereum (ETH) position to Solana (SOL).

At the time, Solana had surpassed Ethereum in terms of monthly users because it's faster and cheaper to use.

It can cost just a fraction of a cent to send a transaction over the Solana network. And transactions settle in just seconds. By comparison, it can cost between $3 and $8 to send a transaction on Ethereum.

Since then, Solana has pulled back with the rest of the crypto market. It's down 53% from its recent highs.

Recently, I've received a lot of emails from readers asking about the weakness in Solana and meme coins. Remember, many meme coins are created and issued on the Solana ecosystem.

The main concern stems from a scandal involving a meme coin promoted by Argentine President Javier Milei.

Earlier this month, Milei shared a tweet about the launch of a token called Libra.

In the tweet, Milei claimed Libra would "promote economic growth in Argentina and fund small business and entrepreneurship in Argentina."

Shortly after the tweet, the creators of the Libra token pulled their investments, withdrawing about $100 million in total. Many investors were left holding the bag.

And it ignited a firestorm of criticism against Milei for what many Argentines perceived as a scam.

For his part, Milei has said he just shared the post about the Libra token and had no official involvement with the project.

Needless to say, the Libra fiasco has led to a loss of confidence in the meme coin space and, by extension, the entire Solana ecosystem.

Friends, from our first foray into meme coins last year, we've always maintained that these are the riskiest trades in all of crypto.

So in our newsletters, when we recommend a meme coin, we focus on "fair play" coins that don't have big, centralized "whales" or impatient greedy venture capitalists (VCs) behind them.

These are still high-risk projects. But generally speaking, these are the projects that have the highest probability of turning into winners over time.

The most dangerous of all meme coins (which I do not recommend) are meme coins that are "centrally" issued by a small group of insiders or backed by VC funds.

In other words, the exact type of meme coin Milei may have promoted and the types of meme coins you see grabbing headlines right now.

Those types of coins have depressed investor sentiment across the entire meme coin space. And because Solana is the largest platform for meme coins, it has hurt the price of Solana as well.

Here's the thing you need to know: The Solana ecosystem is more than just meme coins.

Solana Adoption Is Growing

As we wrote last November, most stablecoin adoption is occurring on the Ethereum and Solana networks. Since then, the total supply of stablecoins on Solana has risen 205% from $3.8 billion to $11.6 billion.

We've also seen several decentralized physical infrastructure (DePin) projects building on Solana because it's faster and cheaper to use than other networks.

One of these thriving projects is Helium Network, a decentralized internet provider. It allows anyone to deploy their own hotspot to generate income from people in the area needing an internet connection.

Just last week, Helium announced a partnership with Movistar, Mexico's second largest wireless carrier. This partnership will bring cellular service to over 2.3 million Mexicans.

On top of all this, Wall Street is getting aboard the Solana train.

Last month, ProShares, CoinShares, and REX-Osprey filed a combined 16 applications for new crypto exchange-traded funds (ETFs). The applications include ETFs for Solana (SOL), Ripple (XRP), and the granddaddy of all meme coins, Dogecoin (DOGE), among others.

I believe we'll soon have Solana ETFs, meme coin ETFs, and crypto index ETFs. As well as – yes – many other use cases launched on Solana.

Don't Throw Out the Baby With the Bathwater

Even though I've correctly predicted every major macro trend in crypto… It's not always a straight shot up. Sometimes, we can get stuck on the wrong side of a market.

When I recommended ETH in April 2016 at around $8, the price ran to $22 by June of that year. Two months later, on August 2, it was $6.50. On September 20, it was at $15.

By December 6, it was down to $5.81.

Think about that…

There I was telling my subscribers Ethereum was going to change the world… And the price was languishing. By June 2017, Ethereum was at $417. Just one month later in July, it was at $130.

That's a 69% drop in a month. It makes Solana's 53% drop look like a love tap in comparison. By January 2018, Ethereum had peaked at over $1,400 per coin.

So these types of crazy sell-offs are perfectly normal. They're nothing I haven't seen before.

Friends, I know this may come off as cold comfort to you right now in the midst of this broad and deep sell-off in Solana and meme coins… But I want you to remember that during times of panic, the good gets thrown out with the bad.

We've seen this proven true in crypto time and time again.

For instance, when the FTX, Celsius, and BlockFi scandals blew up in November 2022… Solana fell to $10, bitcoin to $15,000, and Ethereum to $880.

That was a life-changing buying opportunity in Solana, which trades around $140 today.

Our secret weapon to surviving and thriving within this crazy volatility is our position sizing. So long as you have position-sized rationally, you can ignore the volatility and just let time do the heavy lifting for you.

Remember, unlike Ethereum, Solana is fast and cheap. It's also battle-tested. And that makes it incredibly valuable. A value that has yet to be fully crystalized in the marketplace.

Don't make the mistake so many people made in 2016 and early 2017 when they dumped their Ethereum far too early.

Soul-crushing, hope-extinguishing volatility is what crypto market gains are built on. Be rational and be patient, because the biggest gains are still ahead of us.

Let the Game Come to You!

Big T

P.S. Friends, given all the volatility going on in the crypto market, I know this will sound like a crazy claim. But I want you to hear me out…

I believe the next boom in crypto is around the corner… And it could start as early as March 18.

Just like I predicted in 2017, I fully expect the crypto market to trade significantly higher later this year than it is today. And that means we have a buying opportunity unlike any other right now.

To prepare you for this event, I'm hosting a special strategy session at 8 p.m. ET on Wednesday, March 12. And during this session, I'll reveal what exactly will happen on March 18 and how it could trigger a melt-up phase in the crypto market.

I know many of you have lots of questions about what's happening during these volatile times.

So please send your questions to me by replying to this email, and I'll address your biggest concerns on air. Plus, it will help give my team an estimate of how many people will attend the strategy session.