Over the past few weeks, I’ve had an increasing number of calls with founders who come off as extremely scammy, trying to pitch me on blatant pump and dumps or Ponzi schemes.

The market is getting criminally bullish again.

I’m expecting absurd returns over the next 6 months, followed by a major bubble burst, likely triggered by one or two high-profile scams or rug pulls, à la Terra or FTX.

Short-term: bullish

Mid-term: extremely cautious

Long-term: incredibly bullish

Funny how timeframes change everything.