2024 Crypto Predictions + Takeaways from Techstars

Degens and Degenettes,

Welcome to your weekly dose of The Radical Moderate - the newsletter for the Alfalfa community that discusses a smorgasbord of the money moves we’re making, businesses we’re building, and fun things that are going on in the community. Share with a buddy if you want :)

2024 Crypto Predictions

1️⃣ The Bitcoin ETF will 100% get approved *knocking on wood.

2️⃣ BTC miners as a business, such as $MARA and $RIOT, is about as smart of an idea as bringing Liberace to the Playboy Mansion, but they will MOON when BTC price goes up.

3️⃣ BTC always leads at the beginning of the bull market, but ETH will become the faster horse (eventually). After the ETF is approved, all the BTC money will flow back into ETH.

4️⃣ Stocks like Coinbase and Robinhood will continue to outpace coins like BTC and ETH, and could be a great horse to bet on during the bull market.

None of this is financial advice

Takeaways from Techstars

First off, wanted to give a shout to our fearless leader, Arman Assadi, for slamming his pitch at demo-day and finishing Techstars with a bang. Congrats bud, we’re proud of you.

Going through an accelerator type program, like YC or Techstars, can teach you a couple things:

1️⃣ ANY question you may have about building a business, some person has the answer. So just start by asking. So many people are afraid to do this.

2️⃣ If you ever feel stuck where you are, know that you are one new skill or idea away from breaking through to the next level.

3️⃣ It’s not that 99% of startups fail, it’s that 99% give up right before they strike gold, or in the case below, diamonds.

You’re 3ft from gold, so don’t quit

Shill Of The Week

We talked a lot about startup acquisitions this week and that the likelihood of an exit is significantly higher if you go through an accelerator program, like Techstars or YC. Well, even if you bootstrap your company, there are ways you can have a badass exit that might not make the front page of TechCrunch, but could still pay your mortgage for a year.

Acquire.com is an awesome company and my shill of the week. It was started by my buddy Andrew, and it’s a marketplace for the acquisition of startups. Companies are being sold anywhere from $1,000 to $100M, and I think the idea is rad.

Even cooler, if you don’t want to build a company from scratch and want to buy a startup that’s already off the ground, Acquire.com is a good place to do that.

We’re not affiliated with them in anyway, but go check them out.

Quote Of The Week

“Amateurs practice until they get it right, and professionals practice until they can’t get it wrong… and I practiced the f*ck out of that thing” - Arman Assadi

Cheers boys and girls, and have a happiest of holidays

From yours truly,

Alfalfa Intern