Friends, |
This is it. |
Tonight at midnight, the offer to join my newest publication, The Control Window, with a free extra year disappears for good. |
And with one of these Control Windows already starting to close, you cannot afford to wait. |
When you join today, you get immediate access to three new companies I just identified, all sitting at the center of what Google calls a "generational opportunity." |
Their control windows are open right now, and it’s the same setup that came before some of the biggest moves in the market. |
One of them came before a 1,858% run on Amazon. Another before a 4,028% run on Google. And another climbed high enough to turn a Control Window on Palo Alto Networks into a 9,792% move.
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Moves like this come from one thing: getting in while the window's still open. |
And these windows don't stay open long. One of the three is already closing. |
Go here now to join The Control Window and lock in your free second year before the deadline hits. |
Let The Game Come To You! |
Big T |
P.S. After tonight, the free year is gone. If you already know you want in, skip everything and go here now before you miss it. |
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In case you missed it, here’s Big T’s Digital Asset Daily |
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I’d Never Heard of This Railroad Tycoon. Then I Learned How He Made His Fortune. |
My wife and I were in St. Paul last month. She found a self-guided house tour online. $15 per person. We figured, why not. |
I didn’t even know whose house it was until we walked through the front door. |
It belonged to James J. Hill, the man who built the Great Northern Railway. |
The house was enormous. 36,500 square feet. 13 bathrooms. 22 fireplaces. A three-story pipe organ with more than 1,000 pipes. |
The final bill came to $931,275 in 1891. That covered the house, the furnishings, and the landscaping across three acres. In today’s money, that’s north of $30 million. |
But the size of the house isn’t what stuck with me. It was how Hill made the money to build it. |
He didn’t get rich buying into a railroad boom. He bought a nearly bankrupt railroad after the bubble had already burst. |
In 1878, Hill and a handful of partners bought the St. Paul and Pacific Railroad. It was nearly bankrupt, sitting in the wreckage of the Panic of 1873, a financial collapse that had already taken down more than 100 banks and gutted railroad stocks across the country. |
Then he rebuilt it slowly, one profitable stretch of track at a time. He kept tighter control of his borrowing than most of his competitors, and he expanded only after the existing line could support the next stage. |
On January 6, 1893, he finished it, a true transcontinental line running from St. Paul to Seattle. It was renamed the Great Northern Railway. |
By that spring, the Panic of 1893 hit. It became one of the worst depressions in U.S. history. Railroads collapsed by the dozens. Hill’s own workers went on strike over pay cuts he’d been forced to make just to keep the railroad running. |
Yet, the Great Northern survived. And it stayed one of the strongest railroads in the country for decades, overcoming several more boom and bust cycles. |
As I walked through Hill’s house, I kept thinking about what that means for the crypto market today. |
Panics Punish the People Who Can’t Wait |
The railroad busts of the 1800s didn’t destroy the need to move people and goods across the country. They destroyed the companies that had borrowed too much and expanded faster than the business could support. |
The Great Northern survived because it served a real need, and because Hill kept it on tighter financial footing than his competitors. When the panic passed, the railroad was still there, still moving people and goods. |
Bitcoin has followed a similar pattern. Speculators, lenders, and overleveraged crypto companies have come and gone. But the bitcoin network keeps producing blocks, adoption keeps growing and, after every bust, bitcoin has gone on to reach new highs. |
With bitcoin, you’ve watched that same railroad boom-and-bust cycle play out on a compressed timeline. |
The railroad industry is about two centuries old. Bitcoin has been around for less than two decades — and it has already suffered several drawdowns of 70%, 80%, and even 90%. Each one felt permanent while it was happening. Each one convinced people bitcoin was finished. |
But bitcoin didn’t stay down. |
Daily editor Teeka Tiwari first recommended bitcoin at $400-and-change in April 2016. Since then, it has traded as high as $126,000 — a gain of roughly 30,000%. And that was before the wave of adoption we’re witnessing today. (More on that below.) |
The lesson isn’t that every token comes back. Most won’t. |
The lesson is that panic and too much leverage can force you out of a world-class asset at exactly the wrong time — just as overleveraged railroads went bankrupt even though the tracks beneath them remained some of the most valuable infrastructure in the world. |
The Fear Is Real – So Is the Adoption |
As I write this, the CoinMarketCap Fear and Greed Index sits at 35 out of 100. That means investors think the sky is falling. |
Prices and sentiment are in the gutter. But underneath that fear, bitcoin is becoming more deeply wired into the institutions that once wanted nothing to do with it. |
The past two months alone show how quickly that shift is happening. |
On June 4, Better Home & Finance and Coinbase funded the first compliant Fannie Mae-backed mortgage built around bitcoin collateral. Borrowers can pledge their BTC against a separate down-payment loan, and still qualify for a conventional mortgage. |
I can’t tell you how bullish this news is. |
Bitcoin is becoming usable collateral inside the $13 trillion U.S. mortgage market – a market larger than every country except China. |
On July 16, Morgan Stanley’s E*TRADE platform completed its rollout of spot bitcoin trading, letting eligible clients buy, sell, and hold bitcoin directly alongside their stocks and other holdings. That’s bitcoin becoming directly accessible inside a mainstream brokerage account, not a separate crypto-only app. |
And on July 23, BlackRock, Fidelity Digital Assets, ARK Invest, Anchorage Digital, Coinbase, Block, Blockstream, Galaxy, and Strategy formed the Bitcoin Security Consortium, pledging $15 million over three years toward bitcoin developers and security research, including work on quantum-computing threats. |
BlackRock and Fidelity aren’t just selling bitcoin products anymore. They’re funding and strengthening the network those products depend on. |
We’re seeing three different layers of adoption at the same time. Bitcoin is becoming easier to borrow against, easier to own through a traditional brokerage, and better supported at the network level. |
Price tells you what investors feel today. Those three developments tell you what institutions are building for tomorrow. |
And as bitcoin goes, so do altcoins. But right now, I’m cautious on the smaller tokens. |
If bitcoin drops another 10%, altcoins could plunge 30% or more. That’s why I’d rather wait to see bitcoin form a base and establish a new uptrend before deploying more capital into altcoins. |
We’re not there yet. So chasing altcoins before that happens usually means fighting the tide instead of riding it. |
How Hill Built His $30 Million Estate |
Hill’s discipline was basically a three-step plan before anyone called it that: avoid leverage, set a goal, and don’t let a panic force your hand. |
Here’s my version of it for crypto investors: |
Use rational position sizes. That means small, uniform sizes and no leverage. If you’re losing sleep over a position or refreshing prices every hour, you’re carrying too much weight. Trim some of it. Set an end goal, and don’t lose sight of it. I know how hard this is. I’m personally down nearly 50% on my crypto positions over the past year. But my end goal hasn’t changed: bitcoin becoming a widely adopted store of value. The mortgage funding, the E*TRADE rollout, and the Security Consortium – that’s the big picture. A bad month or year doesn’t erase it. Manage your emotions. I know this is easier said than done. One 2022 MIT study found that panic selling occurs up to three times more often than the baseline rate during large market swings. And nearly a third of the investors who panic sell never come back to risky assets at all. That’s the real cost of not having a plan going in.
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Look, I wouldn’t be surprised to see bitcoin test the low $50,000s before this bear market is over. That’s why I’m not trying to call the exact bottom. If we get there, I plan to add gradually to my stack. |
If bitcoin does fall into the $50,000 range, there’s a real chance altcoins see more pain before the next capital rotation shows up. That’s why I’d rather wait for bitcoin to show signs of beginning its next bull run before establishing new positions in altcoins |
Remember, Hill didn’t build a $30 million estate by perfectly timing the bottom of a railroad panic. He did it by staying disciplined, limiting his debt, and keeping enough cash on hand to buy when everyone else was rushing for the exits. |
That’s our job right now. We don’t need to call the exact bottom. We just need to be ready when the cycle turns. |
Don’t Watch the Future Happen. Own It! |
Houston Molnar |
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