Let's Crypto! 🚀12/2024
Current News, My Scam Experience, Pathway to Success
A Warm Welcome from Kelly
Hey there, crypto enthusiasts! 👋👋
Kelly Sunshawl here, the founder and chief educator at Life with Crypto. I'm thrilled to welcome you to this month’s Let’s Crypto Newsletter edition.
Life with Crypto is about making crypto's wild world simple and accessible for everyone. Whether you're just starting or a seasoned investor, we've got something here for you. Expect insightful tips, exciting news, helpful education, and much more!
Here's a little sneak peek at what we've got in store for you today:
Current Crypto News: Stay updated with the latest headlines and trends in the crypto and blockchain world. From AI to Memecoins, we’ve got you covered.
Educational Insights: The serious side of crypto – avoiding scams. I’ll share my personal story of how I recently got scammed and what I’m doing about it.
Pathway to Success: Find your way to success with our Let's Crypto MasterMind. Learn skills to turn $1,000 into $10,000 with my 7 Seven Steps to Trading Success.
Here’s a little fun fact about me: I bought my first Bitcoin in 2015, and it was a rollercoaster ride from there. From teaching tax accountants about crypto and taxes in 2017 to now guiding a community of eager learners, it's been one incredible journey. And guess what? I still get that same thrill whenever I open my crypto portfolio!
Now, buckle up and enjoy the ride with us. Let's make crypto easy, fun, and profitable together! 🚀
📰 Crypto News Flash 💥
Feeling lost in the crypto chaos? Here are the latest headlines you can't miss!
🚀 Bitcoin Hits New Highs
Bitcoin is back in the spotlight, reaching levels we haven’t seen in years. Investors are buzzing as Bitcoin’s price approaches $100,000. What's driving this rally? Experts point to increased institutional investment and renewed interest from retail investors.
Following the recent U.S. elections, Bitcoin has surged to an impressive $99,027, driven by optimism surrounding Donald Trump's victory. Although there was a minor pullback, Bitcoin is currently above $95,500, and analysts expect it to reach $150,000 in 2025. This rally is linked to anticipated regulatory changes that could favor cryptocurrencies under Trump's administration
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Stocks Benefiting from Bitcoin's Rise 📈
As Bitcoin continues its upward trajectory, stocks related to the cryptocurrency sector are also gaining traction.
Companies like Coinbase (COIN), BlackRock (BLK), Accenture (ACN), and NVIDIA (NVDA) are positioned to benefit from this rally. Each of these firms has seen positive adjustments in earnings forecasts, indicating strong potential for growth as Bitcoin approaches new heights. It’s worth considering adding these to a stock portfolio.
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Dogecoin: Just a Meme or the Real Deal? 🐕
I’ve said before that Dogecoin started as a joke, but it's no laughing matter now. It’s been gaining traction recently, thanks partly to tweets from high-profile celebrities. Should you be taking this meme coin seriously? Some analysts believe it has potential, while others remain skeptical.
Some investors flock to these playful digital assets that leverage humor and community engagement. As Bitcoin continues its upward momentum, meme coins like Dogecoin (DOGE) and Pepe (PEPE) are experiencing significant fluctuations in value, driven by social media buzz and speculative trading.
Dogecoin, the original meme coin, saw a surge in its price following Elon Musk's involvement in a new government initiative called the Department of Government Efficiency, boosting its market cap to over $54 billion. However, as profit-taking sets in, DOGE has faced recent corrections, currently trading around $0.42. Despite this slight pullback, it remains a dominant player in the meme coin space due to its strong community backing and cultural significance.
Full disclosure - I recently bought some Dogecoin.
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AI Revolutionizing Crypto: The Future is Now 🤖
Hold on to your hats, folks, because artificial intelligence (AI) is making waves in the cryptocurrency world! 🌊
The rise of AI in the crypto sector is not just a trend—it's a game-changer. Imagine this: complex trading strategies, security enhancements, and mind-boggling data analysis, all powered by AI. That's the new reality.
Here's how AI is shaking things up:
Trading Strategies — AI analyzes vast datasets at lightning speed, identifies patterns, and makes jaw-dropping predictions. This means smarter, faster trading decisions, giving you an edge like never before. Check out the AI Agent called @AIXBT on X/Twitter.
Enhanced Security — With the crypto market's increasing complexity, security is more critical than ever. AI technologies are now being utilized to safeguard digital assets, detect fraudulent activities, and protect against cyber threats.
Data Management - Gone are the days of manual data crunching. AI is quickly taking over, managing, and analyzing massive amounts of information. This allows for more informed decision-making and a deeper understanding of market dynamics.
The crypto market is growing more intricate by the day, and AI is here to help us navigate this brave new world. Ready to ride the AI wave? 🌊
That’s all the news for now. Stay curious, stay informed, and stay ahead of the curve!
Got any thoughts or questions? Let me know! We're all on this journey together. 🚀
📚 Educational Insights
Crypto Scams: Learn and Protect Yourself 🛡️
My Personal Scam Story
You might think that after years in the crypto world, I’d be immune to scams. Think again.
A few weeks back, I fell victim to a sophisticated copy/trade scheme. It all started with a message on Discord that looked exactly like it was from the guy leading a bot trading community I recently joined.
Accepting the direct message was my first mistake. Not recognizing the red flags was my second, and sending funds to a bogus copy/trade program was my third.
Within minutes, my funds were siphoned off to an unknown wallet. I felt utterly devastated.
Click here to read the full story on my blog post, —> Fire Burned My Crypto.
But every cloud has a silver lining. I turned this painful experience into a learning opportunity, and now I'm here to share what I've learned with you.
Common Crypto Scams You Should Know About
Scams are everywhere. But knowledge is power. Here are some of the most common crypto scams you need to be aware of:
Phishing Scams: These usually appear as emails or messages that look like they're from legitimate companies.
Ponzi Schemes: High returns with little risk? If it sounds too good to be true, it probably is. These schemes rob Peter to pay Paul.
Fake ICOs: Initial Coin Offerings can be an excellent investment, but some are elaborate scams. Always do your homework.
Copy/Trade Scams: These usually target trading group members. The scammers join the group to target unsuspecting members and lure them into a program that doesn’t actually exist.
How to Recover if You’ve Been Scammed
Getting scammed is tough. But don't lose hope. Here’s what you can do to bounce back:
Report the Scam: Immediately inform your wallet provider (self-custody wallets can’t do this) and relevant authorities. The faster they are informed, the better your chances of recovery. https://www.ic3.gov/
Change Your Credentials: Update all your security settings and passwords and enable two-factor authentication (2FA).
Educate Yourself: Knowledge is your best defense. Dive into our Let’s Crypto MasterMind to stay ahead of scammers.
Protect yourself
Stay safe and vigilant, friends!
🎓 Your Pathway to Success
Turn $1,000 into $10,000 with New Skills 💰
Have you ever wondered how to turn a modest $1,000 investment into a whopping $10,000 or more? Our Let’s Crypto MasterMind program has the roadmap just for you! It’s called the Seven Steps to Trading Success.
Unlock the Secrets of Smart Investing
Our MasterMind program isn’t just a training; it’s a community. We equip you with the Investor Mindset to approach crypto like a seasoned pro. You’ll dive deep into Investing Strategies and master the Investment Technology necessary to stay ahead in this fast-paced market.
Your Weekly Dose of Insight and Support
Join us for our live Money Monday Webinars every Monday. These sessions are designed to keep you updated with market trends, answer your burning questions, and provide actionable insights. Last month’s webinar covered how to research and find the next hidden crypto gems.
But that’s not all! Our Deep Dive Community Q&A sessions bring you face-to-face with leading experts and like-minded investors. Whether you're troubleshooting a specific issue or looking for fresh investment ideas, our community's got your back.
Ready to take the leap? Join our MasterMind community today and turn that $1,000 into $10,000! 🌟
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Personal Coaching: Get One-on-One Support 🧑🏫
Not ready to join the MasterMind? No problem! Maybe you need direct support.
Imagine having a crypto expert right by your side. Whether you're new to crypto or a seasoned investor, personal coaching with me, Kelly Sunshawl, can make a world of difference.
Why Personal Coaching?
Tailored Strategies: I'll work with you to design a plan for your unique financial goals and risk tolerance.
Real-Time Guidance: Get instant feedback and advice on your trades and investment decisions.
Peace of Mind: Navigate the volatile crypto market with confidence, knowing you have expert support.
How to Sign Up.
Signing up for a one-on-one coaching session is super easy:
Visit our website: Head over to Life with Crypto.
Choose a Package: Select the coaching package that best fits your needs.
Book Your Session: Pick a date and time that works for you, and you're all set!
Hear from a Happy Client.
Dear Kelly,
I want to express my appreciation for all your time helping me with our cryptocurrency investments. As a novice to crypto and to the ins and outs of the DeFi world, your help was invaluable. I know I tried your patience at times when I wanted to rush through the steps you were so patiently instructing me to take in order to insure that I didn’t get myself into a pickle, and I am so grateful.
The end result was that I successfully and, with your help, meticulously moved our investments around under your tutelage in order to accomplish my end goal.
I am happy to recommend you as an excellent coach and tutor.
Sincerely,
Carol Aldana
If you've read this far in the newsletter, you’re definitely a crypto enthusiast. Thank you for reading! 😊