
Good morning and welcome to the Hodl Report
We took last week off for the holidays but we are back!
7 Actionable Ways to Achieve a Comfortable Retirement
Your dream retirement isn’t going to fund itself—that’s what your portfolio is for.
When generating income for a comfortable retirement, there are countless options to weigh. Muni bonds, dividends, REITs, Master Limited Partnerships—each comes with risk and oppor-tunity.
The Definitive Guide to Retirement Income from Fisher investments shows you ways you can position your portfolio to help you maintain or improve your lifestyle in retirement.
It also highlights common mistakes, such as tax mistakes, that can make a substantial differ-ence as you plan your well-deserved future.
Editors Corner
🎢 Volatility Is the Cost of Admission
Every time the market tanks, the same thing happens: people start acting like volatility is some kind of bug in the crypto system instead of the entire reason the asset class exists.
But here’s the truth nobody wants to hear when everything’s red:
Volatility isn’t a problem. It’s the price of the ticket.
If you want smooth, predictable returns, you buy Treasuries and brag about your 4.5% APY like you just won a Nobel Prize.
If you want asymmetric upside — the kind of returns that make your future self fist-bump you — you’re signing up for gut-punch volatility. That’s the deal. No fine print.
And right now, the deal is on full display.
The market is down bad. Fear is spiking. Sentiment is garbage. Liquidations are everywhere. Retail is crying. CT is tweeting through it.
This is what it feels like to earn the upside.
The downside is the tuition.
Volatility is the toll you pay to own assets that can 5x, 10x, or 50x.
Crypto doesn’t give those returns because it’s magical. It gives them because most people can’t stomach the volatility long enough to stick around and earn them.
That’s why so many investors get wrecked.
They want high returns with low discomfort.
They want the upside without the anxiety.
They want to be rewarded for showing up — not for staying through the storm.
But the market doesn’t pay out to people who want comfort. It pays out to people who endure discomfort.
Think about every blow-off top, every meltdown, every chop zone you’ve lived through:
the investors who held (or bought) during the ugliest periods were the ones who cashed in when the sun came back.
Not because they were smarter.
Not because they had better models.
But because they didn’t flinch when volatility did exactly what volatility is supposed to do.
Crypto isn’t a straight line up.
It’s a long, nauseating rollercoaster where the only rule is simple:
You only get the view from the top if you survive the drops.
So yes — the volatility right now sucks.
Yes — it’s scary.
Yes — it feels like the world is ending for the 47th time.
But this isn’t a glitch in the system.
This is the system.
And if you believe in the long-term trajectory of this space, you already know:
Volatility isn’t punishment.
It’s the cost of admission.
And the show is worth the ticket.
Crypto Trivia: The Mt. Gox Meltdown
Sponsored by
Put Interest On Ice Until 2027
Pay no interest until 2027 with some of the best hand-picked credit cards this year. They are perfect for anyone looking to pay down their debt, and not add to it!
Click here to see what all of the hype is about.
Today’s Report
Canada’s Crypto Tax Crackdown Could Spark Panic Selling

🚨 Our Report
In a new twist that should shake up the maple‑leaf crypto club: ~40% of Canadians using crypto platforms have been tagged as “high risk” for tax evasion by the Canada Revenue Agency (CRA). That’s not a small oversight — it means nearly half of the crypto‑active population may be under scrutiny. The agency’s 35‑person crypto audit team reportedly has already reviewed over 230 files. The message is clear: crypto users in Canada are no longer in the shadows.
🔓 Key Points
The CRA’s crypto‑audit team has assessed more than 230 taxpayer cases so far.
Of those assessed, roughly 40% were flagged as non‑compliant: either they “failed to file taxes or are at high risk for non-compliance.”
The agency’s crackdown seems broad-based, not limited to a few bad apples — nearly half of crypto users may be swept in.
Despite the aggressive audit numbers and flags, there’s still no indication of mass criminal prosecution at this stage (at least publicly).
🔐 Relevance
If you’re holding crypto and don’t live in a cave, this should raise red flags. The CRA isn’t just quietly sending letters — it’s systematically flagging a large swath of crypto users. For the market, this could add a layer of regulatory headwind: if users rush to convert or dump assets out of fear, we could see short-term volatility (especially in smaller-cap coins). More broadly, this marks a shift in the narrative: crypto in Canada is no longer seen as a fringe financial experiment, but as taxable — and auditable — property. For investors, that means carefully logging trades, dates, and values — and factoring in potential tax liabilities.
Want a deeper look into what the audit data suggests for on‑chain activity or which platforms might be under heavier scrutiny?
Today’s Top News
HEADLINES
Companies pivot from hoarding major coins to riskier altcoins, raising volatility concerns — As companies that once stockpiled Bitcoin and Ethereum face saturation and losses, newer corporate treasuries are moving into smaller, more volatile tokens. That shift stokes fears of increased market instability — signaling that corporate-backed demand may no longer anchor major cryptos as firmly as before.
Strategy slashes 2025 earnings forecast after Bitcoin slump hits balance sheet — The firm, known for being the largest corporate holder of Bitcoin, cut its earnings target for the year, citing weak performance in digital assets. This is emblematic of the broader pressure crypto‑heavy companies now face, as falling asset values strain balance sheets and shake investor confidence. Shares dropped accordingly, reflecting the risk of tying corporate valuations to volatile crypto holdings.
Analysis suggests November’s Bitcoin crash was likely coordinated manipulation — not random volatility — According to the analysis, last month’s plunge — which erased large chunks of 2025 gains — may have been driven by social‑media hype and influencer‑led speculation, rather than natural market dynamics. This raises serious questions about market structure, transparency, and the susceptibility of crypto to pump‑and‑dump behavior. It warns retail investors that hype-driven cycles still dominate over fundamentals in many cases.
Market Trendline
PRICE ACTION
Crypto caught a slight tailwind to start the week, shrugging off recent chop as risk appetite tentatively returns. Bitcoin bounced, alts followed, and ETH quietly flexed some serious on-chain strength.
Market Overview
Bitcoin clawed its way back above $92K after flirting with $88K last week. This mild recovery was enough to lift total crypto market cap by a few percentage points, with ETH, SOL, and XRP riding the wave. The bounce coincides with renewed hopes for Fed rate cuts heading into this week’s FOMC meeting — the kind of macro backdrop that usually lights a fire under risk assets.
Notable Movers
ETH – Still glued above $3K, but what’s under the hood is more telling: exchange balances have hit record lows, and sell pressure is drying up. The Fusaka upgrade and shrinking circulating supply are quietly setting the stage for a squeeze, even if price hasn't broken out (yet).
SOL – Up 5% on the day, catching momentum from both BTC’s rise and a renewed wave of ETF rumors. Still one of the few majors showing real relative strength.
XRP & friends – A broad altcoin lift is underway, mostly riding ETH’s coattails. It's less about fundamentals and more about traders rotating into higher beta plays as BTC stalls.
Macro View
The real driver this week? The Fed. Markets are increasingly pricing in a dovish pivot, with three rate cuts now expected in 2026. Lower yields = more speculative risk-taking. On-chain flows suggest accumulation over distribution, especially in ETH, reinforcing the view that the smart money is front-running a policy shift.
Bottom Line
Crypto’s not ripping — yet — but the stage is being set. A dovish Fed could reprice the entire risk complex higher. Until then, expect chop with an upside bias, and keep one eye on ETH supply dynamics. They’re getting too tight to ignore.
How'd I do this week?
Are you a crypto trader?
I have two products designed to help traders. Check them out if you are looking for an edge or just to learn to become a more successful trader!
You made it to the bottom, congrats! I really appreciate you reading. If you enjoyed today’s content please share it with a friend and if you aren’t already subscribed please do!
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.


