Why I Sold My Whole Crypto Portfolio for ICP
Sell your entire crypto portfolio for ICP. Now, that's definitely not financial advice, despite the title, because that's what I did personally. I sold my whole crypto portfolio for ICP. I see a lot of you in ICP holding onto all these loser coins that have no future, because you're waiting to break even. You're waiting to get a profit. It's really all about you being right. It's not at all about the coin. And I hope this post can help you see what some of you are doing in your crypto portfolios, and help you have a crypto portfolio that's logical, that's rational, that's based on research and cold calculation, not on emotion.
Here's how you know your portfolio is based on emotion. If, when you schedule a call and talk to me about it, you're saying things like, "Well, I just want to make money in this coin," or "I don't want to sell this coin at a loss" — and I ask, "Well, why is it even going to go up?" — often people don't even like a lot of the coins they're holding, especially Cardano. They're just holding it, hoping they can sell it someday. And that's all about being right. It has nothing to do with the coin, nothing to do with the price, nothing to do with research or logic. It's purely come down to: "I'm going to wait to sell this coin at a profit so I can say I was right about it."
But the way to advance in life is to admit the nature of your wrongs. In AA, step 10 says: when we were wrong, promptly admitted it. And that's what I did with ICP three years ago. I realized that my crypto portfolio was built completely wrong. It was built off of lies, people shilling me crap, a lack of understanding of what the blockchains actually do, narratives, hype, speculation. And I dumped my Bitcoin. I dumped my Ethereum. I dumped my Solana, my XRP, my DeSo, and every other coin. I dumped all of them because I wanted a portfolio that was, first off, simple.
The Secret People Paid Me to Reveal — That I Didn't Know
Back when I shilled every coin, people used to pay to talk to me privately for an hour at a time. I'd do a video every day. I'd show Bitcoin one day, Ethereum the next day, and then Cardano the day after that. And then Near Protocol, then I'd shill some random tiny coin, Dogecoin, Shiba Inu. Yep, embarrassed to say I actually had videos shilling all of those. And the crazy thing was my channel grew rapidly. It looked like some of these coins had bots that would push my videos. I made one of those typical house-of-crypto channels where all I did was just shill everything. And then I offered one-on-one calls with me, and people would pay to talk to me and say, "Jerry, which of these coins is actually the best? You've shilled 50 different coins in the last few months. Which of them is actually good?" They figured that I was publicly just trying to get as many views as possible while privately I knew which ones were actually good and I was keeping that secret. And if they just paid to talk to me, they'd find the secret.
And I realized I didn't know the secret. I was ignorant of which coin really stood out, too. So I took months and months to research and find which coin stands out among all these coins I'd shilled, and out of the other ones I hadn't. And that's how I found Internet Computer Protocol. I thought if I just shared Internet Computer Protocol — my discovery that I'd found the one coin that was real in a land of lies and shilling and crap coins — everybody would be saved and everything would be so easy.
And then I realized: people don't want to know what's true. They're like the walking dead, like zombies. "What did Larry Fink say? Bitcoin's going up. Michael Saylor. The Fed." Zombies just walking along, not thinking about any of these things, but one authority trigger — BlackRock, ETFs, Coin Bureau — and they respond automatically. Is anyone doing critical thinking here? Is anyone stopping to analyze all the data? Or is everybody just living their life like a domino effect, where one domino hits another and you're just going through it: "Oh yeah, all right, that chart went down. Okay, well, Solana. The phone. Oh, well, Hex now." The people I've encountered consistently have just seemed like they don't want to be woken up from this trance of crypto delusion and lies and cheating. And even many of you who have woken up to that and whose critical thinking is engaged — your emotions, your irrational thinking, is holding you hostage to these other coins.
I've talked to so many people that have more Bitcoin than ICP, that have more Ethereum than ICP, and are trying to make money and buy a better car. I'm like, just dump your Bitcoin and buy a better car — because, not financial advice — then at least you could enjoy all that.
The Research Sitting on My Website
Look at my Crypto Reviews channel. I just did a 54-minute livestream absolutely roasting Bitcoin. And nobody holding Bitcoin seems to know about this, but in my research, Bitcoin's future is extremely limited. Same thing with Ethereum. And this stuff is right out there, easy to find in the open. And you have absolute zombies commenting on my videos: "Well, ICP's price chart — you must not know anything." "Oh, this guy thinks Ethereum is gonna struggle." Ethereum has been struggling. Have you not been paying attention? Ethereum's not been going so well. The way I see it, the layer twos have extracted like all the value.
And on my website, I have all this data. I have all of this written out, actually multiple times. I have a short version of the video written out as I spoke it, and I have the entire research report there too. If you're holding Bitcoin, these are absolutely essential things to be aware of. The thing to be aware of is the disconnect between the narratives — what people are saying — and the reality of what actually is happening. The Bitcoin post is enormous, with all the information sitting right there. This is stuff I understand — most of it — and I've been over most of it. Meanwhile, a lot of people are holding these coins without any of it. And everything is sourced. Every claim is directly cited, so you can see exactly where all the information came from. That report has 70 citations. This is a level of research that, if someone was looking to invest $100 million in crypto, would probably be the starting point of the research they'd want to do. And maybe somebody will schedule a call and be like, "Hey, I want to fly you out, or pay you several thousand, and come talk to our little group of rich people about Bitcoin, Ethereum, ICP, and the truth of all this stuff in crypto." Because that's the kind of research you should be doing into the coins you hold. And what most people do instead is just shut their eyes and their ears: "I'm just going to wait for the price to go up, and then I'm right, and then everything's okay."
Now, I'm not trying to make fun of any of you or put any of you down, because this is stuff I've all done myself. And it's a miracle that I could break out of that — that I could sell all my other coins, some of them at a modest profit, some of them, many of them, at losses, or where I would have made much more if I was in something else. And I can stomach that many of them have gone up compared to ICP over the last three years. That's okay, because my thesis has gotten stronger and I've gotten to accumulate more ICP.
I have a post about Ethereum too. One person I talked to recently was holding a ton of Ethereum, and I said, you need to go over this. "Have you seen my Ethereum video?" No. "Have you seen this blog post about Ethereum?" If you're holding Ethereum, you need to seriously think about why there's anything to be bullish about at all. And even if there is, what kind of returns are you going to get? When you look over all of this on Ethereum, the way I see it, there's no way the future is very good for Ethereum. It's old. All these middle layers have already extracted the money. There's better technology. There's all kinds of centralization. In my opinion, it's an absolute disaster. And almost no one looks deep enough. All they look at is the price chart. But that Ethereum report — I thought it had 58 citations at least, maybe 70 — actually has 72 citations on it. This is the kind of research you should be doing on every coin.
And you can do this for yourself. If you have ChatGPT Pro, which I pay $200 a month for, and you give it a deep prompt describing the kind of research you want done, it will pull from all the documentation all over the place and then put it together and organize it. If you're holding a coin, you should know that much about it. I know that much about Internet Computer. I'm aware of almost all the ICP bear cases — the price chart, and there are lots of other ones as well. And I may talk about some more of those in a dedicated video in the future.
Waiting to Break Even Is the Trap
The main thing I see holding a lot of you back in ICP is that you're holding a bunch of other coins and you're waiting to break even. And the problem is, most of the time that's not going to work out for you. Either those coins are going to go down and you're going to just lose more and more money and you'll wish you'd gotten out of them now, or ICP will shoot up and you'll miss out on huge gains on ICP that you would have had if you hadn't been sitting there waiting for some of these other coins to go up. And then you're going to feel like crap when ICP goes to $10 and your Bitcoin has barely moved, or your Cardano is sitting there going down.
And further, if you really believe in ICP, put your money where your mouth is. I don't have any other coins. I really believe in ICP and all my money's in it. In other cases, something else might be better — this is why I'm not giving you specifically financial advice, I'm just giving all kinds of possibilities. If you have enough money to be holding a bunch of some of these other coins, it might be better to buy a house with that money. Or if you have some dream car you've wanted, buy that car and use it and drive it and enjoy it. Or maybe you could use your money to help somebody else out and feel good about doing that. What I find is that holding money in these other coins creates anxiety.
Simplify Around the Best Opportunity
Holding all those coins creates a divided attention, where you're thinking about this coin and then you've got to watch videos about that coin. When you simplify, you can stop waiting to break even, just cut your losses, and think about opportunities. My investing is based on opportunity. In my opinion, ICP is the best investing opportunity I see in the world right now. And therefore, for me, it makes no sense to have money in anything else. Because either I know what I'm doing and my money is in the right spot — and I want every dollar of it in the right spot — or I don't know what I'm doing, in which case I should trust other people to tell me what to do and throw my money around randomly, hoping for a return. The ideal position is to get yourself to a point where you know what you're doing and you know what you're investing in.
If you're holding Ethereum and you're not very aware of all this research, you don't know what you're doing. You don't know what you're holding. You don't understand what you're really investing in. Because if you don't understand the L2 economics going on with Ethereum — and how, in my research, they sabotage Ethereum's revenue and the real demand for the token — if you don't know about that, then why are you holding Ethereum? If you have these other coins, you either need to get to know them very well, or you might consider making changes to your portfolio.
If you're not willing to put the time into asking AI to generate a massive report for you about the coin you're holding, and then go through the entire 70-page report yourself, that tells you something. And you probably don't need to generate the bull case — if you're holding something, you probably already know the bull case. What you want to generate is the bear case. I think I'll generate one for ICP and just go through it and see what it says, because you should be able to stomach the bear case if you're going to keep holding something. But most of you, if you went through the bear case for the coins you're holding, would sell them immediately. Because a lot of you are just not aware.
Trust Me, Bro — The Whole System Runs on It
You're taking authority signaling and then you're just trusting. And to be fair, the whole system encourages you to do this. I'm not saying you're wrong for doing that. The entire system we live in sets you up for "trust me, bro." That's everything. Trust the government. Trust the companies. Trust this third party that's in the middle of everything. Trust this Bitcoin wallet. Trust this crypto exchange. Trust this crypto founder. The challenge is that when it comes to money, people consistently prove untrustworthy. They say one thing — like the BitTensor TAO founder going out there shilling BitTensor TAO like it's the next big innovation after the internet and Bitcoin — and then when you dig into the details, the way I see it, that at best is ungrounded optimism, and at worst it's blatant, in-your-face lying. Depending on how things play out, we shall see. But that's most of what appears to be happening in crypto.
It's people behind the scenes, in positions of power, deciding how things are going to play out. And they're playing you like a game. They're moving you and your emotions around on the board like a pawn. And they're telling the people and the top influencers what to say. Many of them — their channels have been sold. Their channels are owned by someone else because they took the guaranteed money up front. And they'll take a paycheck to keep shilling whatever they're supposed to shill. And then you're listening to them when somebody else has bought and paid for their opinion. You need to learn to think for yourself. All my videos are about learning to think for yourself. And AI gives you the ability to scale out your thinking and research to a professional level. This is an incredible tool. "Oh, I don't know about all the downsides for Bitcoin." Well, why don't you ask ChatGPT Pro? It'll be happy to tell you all of them.
The Bitcoin Bear Case, Sitting There for Free
Or better yet, if you don't want to pay $200 a month, you can just go on my website and all my research is just sitting there for free. And it's all hosted on the Bitcoin — on Bitcoin? Jesus, the devil's put words in my mouth. It's all hosted on the ICP blockchain. Right there, sitting there. In my research: the Lightning Network — absolutely not going to work. The Bitcoin halving — not something that's going to pump markets; it's something that puts the whole system into question. The way I see it, if the price can't constantly double every halving for Bitcoin, the whole thing's liable to collapse. Decentralization — where? The top three pools control 62%. ASIC miners — one single company makes 82% of all the Bitcoin miners. How's that decentralized, when one company produces almost all the equipment? And then AI is competing for power and the exact resources Bitcoin is. Be your own bank? Severe usability burden — not realistic at all for Bitcoin. ETFs and treasuries ruin the whole original idea of Bitcoin. And everyone holding Bitcoin often will not want to hear any of that stuff. That's only the first half of the page, and I just quickly skimmed a couple of points.
Stop Waiting to Break Even
I encourage you today: stop waiting to break even. Do your research on the coins you're holding. And get serious — your portfolio should be something you love, something you're proud of, and where you've found the best opportunities. Anything besides that should go. Anything where your ego is just sitting there waiting to be right — lots of times what'll help is to admit: I'm wrong, now I can change. I'm wrong, now I will make changes so that I'll be better positioned to be right in the future.
If you found that useful, I'd love to talk with you — you can schedule a call with me, and I'm there mostly to listen. Your calls inspire my videos.
I never mean to call anybody in particular out, because for any of you that are talking to me, there are probably a hundred, if not a thousand, of you watching in the same position. My goal is to serve, to help as much as I can, to be a source of truth — someone who's done the research, who's living by example, and who's transparent, which is incredibly rare in the world of crypto. That's what I'm aiming for in every video on my ICP Crypto playlist.