 Ang video na to ay handog ng CDKOffers.com. Marami kang mahanap na iba't ibang uri ng software dito. May games, apps, activation codes, or Windows 10. Check out our video on CDKOffers in the video description. Mabilis, mura, and, of course, legit dito. Madali lang mag-order, search for the software you need, add to cart, check out, dan ka sa payment options nila, wala pa isang minuto, finished. May legit, working CDK ka na sa software na pinilimo. Gamitin ang aming promo code para makakuhapan ng extra 20% discount sa purchase mo. Kung naghanap ka ng mura, legit, and original software, check out CDKOffers.com. Lately the internet gods have been kind to me. Yesterday's live from the shop stream went without a problem. Usually there are a ton of problems also with that stream. So I'm hoping our lucky streak continues for today's stream. And we do have a lot to talk about. But the first thing I want to do is say hi to our new YouTube member. I was supposed to say hi to you yesterday on live from the shop, but I forgot. So hi to the Monkey Butt. Thanks for joining the YouTube membership. And the link is in the video description if you guys are curious about that. So one cool thing I thought we would do is that... Oop, that's not the one. Like if we were just to track Bitcoin price starting from when I first started doing crypto watch back in June. So Bitcoin was around, this is in 1000 USD. So 33.9,000 USD was the price of one Bitcoin during episode one. On episode two it actually dropped a little bit 33.2K. But now F3 currently at the moment it's around 49,400 USD per Bitcoin. I think it's actually up a bit. It's closer to 50K at the moment right now. So just an illustration how fast it can swing in two months. The first price was in June and now end of June, now we're at the end of August. And it's up roughly a lot. 33,000, 10% of that is roughly 33,300. So we're at around 40% or something. Oh, it's more like 50% actually. More than 50%. 33, so roughly 50% is around the 16K gain. So yeah, that's right. That's around 50%. If you had bought Bitcoin when you watched crypto, watched episode one back in June, you would be up 50% now. So just something to consider and it's interesting to like track the prices as we talk about crypto and different points in time. And I thought a convenient metric would be like when I do the shows. We do have a question from Cedric Gaming, magkaiba po ba ang crypto sa SLP ng AXI? Well SLP is sort of an item that you can get in-game in AXI Infinity which you can spend, you can sell for real money. I'm not sure if that's an actual cryptocurrency in the sense that it's on a blockchain and things like that because AXI Infinity also has AXS which is the more traditional crypto associated with AXI Infinity because you do need AXS to breed AXI and to do other things in-game. SLP is just kind of like the thing that you get if you defeat monsters and reward for beating levels. I'm not sure if SLP is like stored on the Ethereum chain just like with the AXI monsters themselves but I wouldn't call it a traditional crypto and I haven't seen it. I usually trade on Kraken, the exchange site. I haven't seen it offered there. What is offered is AXS. Although I know you can sell SLP on Binance, I think. I'm not too sure. To be honest, I haven't really been looking too much at my AXI holdings. All right, let's start off with the news first and one reason for the big freeze in crypto prices for the past maybe four or five months is that China recently cracked down on the miners, on the companies, on the exchanges, everything based in China. Pesto, for me too, were you one of the early ones to mine BTC around 2009-2010? Yes, I started mining. When I first got into Bitcoin, it was around $5 per Bitcoin, $3. I don't know what year that was pero sobrang aga pa nun kaya pa mag-CPU mining. It was very early on but it was towards the tail end of CPU mining. When I started mining, it was already GPU mining. I don't remember exactly. My brother just passed by. He said we started doing it 2011. So a bit later than 2009-2010. But I really remember the first time I got interested in Bitcoin was it was around $3, $5. And I remember telling my girlfriend it's crazy. You just run your computer. It generates data because blockchain is essentially data, right? I mean, there's nothing physical. And that's one of the arguments like how can it have value? It's not tied to anything physical. And we've talked about it before that it can have value. A lot of things have value even if they're only virtual things. But anyway, I was so taken with the concept na di bang galing, parang pinapatak mo mo ng computer mo. May GPU naman ako, may CPU naman ako. Mahilig naman ako sa computer even before so like why not? And it's worth actual money. And at that point, di pa uso yung mga mining pools. Kasi na way it works now is that a lot of people contribute to mining but in actuality, this is just for Bitcoin, not applicable to other cryptocurrencies. In actuality, only one person ever gets the reward of the, I think it's before it gives me 50 Bitcoin for successful mining. Only one person gets that but the way the pools work is that if you contributed your time, even if you didn't get the correct hash the key that unlocked that particular block you still get Bitcoin pro rata to the effort that you put into it. Kasi sobrang hirap magmine mag isa. It's basically statistically very improbable anymore kasi andami na nagmamine. Na ikaw yung, you're one miner even if you have a lot of cards a lot of hash rate, you're one miner against the whole world. So it improves your odds if you join a mining pool. But back then, single mining was still an option hindi pa ganang kouso yung mga pools datin. So again just to emphasize very early on kind of been interested in the crypto space already. So start up with the news as I mentioned yung at China started cracking down the crackdown continues China Central Bank targets crypto link firms in Shenzhen first news blurb second news blurb but also isn't interested in it and that's the beauty of the free market if it's banned in one place it will migrate to other places. So actually the US has been a recipient of a lot of the a lot of the transition out of China. So the Chinese firms are like okay, it's profitable, I still want to mine where are we gonna set up shop? So they moved and some of them have moved to the US particularly the Texas. I don't know why particularly Texas. I know Miami in Florida is very open to crypto. They've set up some incentives to lure companies to set up shop there. Although really if you're a miner what you want is cheap electricity. I'm not sure how cheap electricity is in Texas. I don't think they're big on renewables. But a lot of the miners like setting up beside a geothermal plant or a hydroelectric dam to have cheap energy. That's why Iceland actually is a nice, is a good space for miners because they have a lot of geothermal power here. So, you know when China saw the cracking down a lot of people were saying well this is the end of crypto and everything but it hasn't worked out like that. It's just moved to other places. As you would expect with any kind of free market business kung pinagbawal sa isa nilipat siya kung san pwede where the economics work out. And the next use item for those firms that have continued to mine actually it's been a boon because for bitcoin the more people who are mining the harder it is to find the correct answer the difficulty increases. One of the reasons that the developer of bitcoin did to prevent inflation it's not a static like I have one GPU and it can produce 0.1 BTC every one week. The difficulty keeps increasing so what produced 0.1 BTC before might only produce 0.001 in two weeks instead of just one week so pahirap ng pahirap yung difficulty but if a lot of people go offline if suddenly the number of miners decreases then the difficulty doesn't ramp up as fast so you get more profits more quickly and the firms who have stayed in for example like in this one 5 North American firms mine 58% more bitcoin in July thanks to China meaning because China cracked down the difficulty rate the increase in the difficulty rate decreased you're able to earn more money more bitcoin more quickly so there was a lot of doom and gloom when China started cracking down because China was a very important part of the crypto space pero it was actually a blessing for a lot of people investors if you jumped in yun nga. I think the lowest price I saw did it drop below 30k. I think the lowest price was 29k. I think for bitcoin if you had jumped in there yun nga it would be over 50% in less than 2 months if you had continued mining you would earn a lot of profits because a lot of the China miners their operations got disrupted. Next news item and people have started getting back into it so mining difficulty expected to increase for the first time since China cracked down China cracked down the difficulty rate has the increase in the difficulty rate but now it's starting to pick up again because the China miners are back online because they moved to places like Texas apparently like Iceland Pesto asks is there a limit to the number of PTC to mine? Yes it's already hard baked into the system. There's a finite amount of bitcoin that can ever be mined again it's one of the features of the system where it wanted to prevent inflation because if you can keep going and you can keep mining it minting or producing the coin at a linear rate at an expected linear rate then it's easy the value of the coin becomes less supply and demand kong baga. Here there's a finite supply Pesto's completely correct I forget exactly what the amount is but people have calculated it like based on the current rate of mining we will mine the last bitcoin by I forget what year of course the estimate changes every time but yes there's a finite amount of bitcoin that will be mined and we will hit that when it's interesting it's interesting how to like what will happen to bitcoin after the last block is mined and the last new bitcoin is issued out then we go to Satoshi's I guess meaning the Satoshi actually is the term for I think it's like 0.001 bitcoin or something like the fractions of the bitcoin although a lot of or is that a new crypto ITX is that a new crypto called Satoshi that I own following like a mirror or a fork of bitcoin bitcoin cash is a fork of BTC where they wanted to expand I think the main issue was they wanted to expand the block size kasi the transactions you can do with bitcoin is very limited it's very small compared to modern networks like the visa or mastercard networks so for commerce it's very cumbersome bitcoin cash wanted to increase the block size so that you could have more transactions approved quickly I'm not sure if they got rid of the hard limit yes so ITX fractions of BTC the 0.00 I forget how much one Satoshi is quite small I think 0.00000 or something I am curious like once we finally hit the the hard limit of bitcoin like the last bitcoin has been issued what will become of the value will it continue to go up because there will not wala na in a way para naging NFT na siya not exactly an NFT but in the sense that every bitcoin now that's it the finite amount of bitcoin in the world and you think a lot of the bitcoins actually that have been mined I don't know the exact percentage but are lost because people who got into it early who mined a lot of bitcoin left them on their hard drive and it got deleted they forgot their passwords the ones who stayed in the passwords died and they don't have the password anymore so a lot of the early bitcoins are gone lost forever which makes the existing bitcoins in circulation even more valuable ITXADIC was kind enough to send out the breakdown of what a satoshi is so let me count to zero sa 1, 2, 3, 4, 5, 6 aw man so hard to count 1, 2, 3, 4, 5, 6, 7 so that's 7 zeros copy and paste it for google it's hard to do the number of zeros actually from a transactional point of view again ang hirap ng bitcoin now even now because it's around $49,000 $50,000 per bitcoin so 0.1% of that would be around $5,000 already so even for smaller transactions you do need to start doing decimal points 0.01, 0.0001 etc even I when I buy I can't afford to buy a whole bitcoin what $33,000 $50,000 so I have to buy in decimal increment it's a bit hard to keep everything together but we will talk about that later like how I that's the trading tip for today like how I keep track of everything that I buy and things like that also we'll be talking about a new trading strategy that I'm trying which has been very stressful and I've lost a lot of money we'll talk about that in a little bit and these are actual losses like not paper losses like I've actually sold at a loss because it's in keeping with the strategy so next news item sorry ITX adding I wasn't able to include the thing you mentioned about Ethereum na medyo na delay ang roadmap nila I think their their shift to proof of stake proof of stake bar proof of work to be honest I haven't been following the Ethereum roadmap too well I wasn't able to include it in this latest new stream I did include that another advantage so China cracked down a lot of the miners moved elsewhere and maybe another advantage of that is that we might see less of bitcoin being used for nefarious purposes like scams and transactions on the dark net because in one estimate Chinese crypto addresses sent 2.2 billion dollars the scams and dark nets just between in the span of two years 2019 to 2021 to be fair I don't know if this is just bitcoin or like a wide swath of cryptocurrencies but generally for especially for commerce a lot of people accept only bitcoin or more of the or perhaps Ethereum Monero Ripple there's a very there are a lot of crypto currencies now but there's only a very small sliver of coins that people actually people actually accept for commerce so perhaps now that China is cracking down we might see less crypto being used for scams and for illegal transactions that usually are transacted on the dark net or that you need Tor or the onion router to reach it's interesting actually the dark net you know it sounds scary and dubious but you can access it with any browser with Tor but the challenge is finding the sites so Tor is a short cut for the onion router which basically it's called the onion because you have several layers before you actually get to the site and several layers before actually somebody's able to pin you down so it was actually invented by the US Navy for anonymity to protect bloggers who are blogging from countries where journalism is prohibited or very severely cracked down on if you speak out against the government so actually Tor was a tool invented by the US Navy to help people like that but because it preserves anonymity so well a lot of people have used it for well you know buying drugs on the dark net Silk Road before was one of the more prominent websites that you could go to marketplaces that you could go to so it's interesting like the evolution of technology and I would consider any journalist reporting on abuses of government or abuses of private companies like 100% good but of course the tools can be used for other things which are not so good I have tried on I have tried logging on to dark net using Tor so I did visit Silk Road but this was way back in the day very, I haven't tried it lately and there's nothing illegal about surfing those sites people might think oh you know it's dangerous just to look but there's nothing illegal about using Tor or using whatever method you want to access the dark net dark web to be sure there's a lot of dark and illegal stuff there you could contract you could hire people to assassinate other people and things like that although I don't know how true that was you know baby they were just scams like asking people for money like yeah I can get rid of your problem but you know nidaman matutuloy they just run away with the money but the dark net was an I didn't you know plunge in there often but I was curious so I did have surf there occasionally but you know the challenge is finding the IP address or finding like what you need to type in sa Tor to find the site that you're looking for because there is no Google we take Google for granted now we take the search engines for granted now but the dark net doesn't have that so you know like EZTV which is a prominent site they're always changing their domain name EZTV.IT that are you or whatever it's easy to find them through Google but the dark net like if the Silk Road change their IP address or whatever they're going by it's super hard to find them so you need to be in the know need to be constantly updated but I do agree with ITX it's like a virtual green hill sabarang grave yung variety nung mahanap mo dun sa on the dark web and some of that is really like bad I mean like child pornography and things like that but some of them it's just like yung stuff that you don't want that might be banned on the more public internet All right so the next news item let me just get through the news actually so that's it about China yes they started cracking down yes they're continuing to crack down but eventually that Chinese miners have migrated elsewhere Bitcoin is heating up again the interest has not died down it's just moved elsewhere as I mentioned in crypto watch number one several reasons why I personally think China cracked down number one is China likes to keep a short leash on its citizens and if you allow them an easy means of transferring money out of the country it makes it easier for them to run out of the country oh may bahay na ako sa Canada napadala ko yung Bitcoin na convert into fiat bumilinaw ng bahay sa Vancouver nina then I have a bold tool right I can run it's easy for me to get out of China and live in Vancouver or wherever so as an authoritarian government that doesn't want its citizens running away and who wants to keep tab you know on a government that wants to keep tabs on its citizens cracking down on Bitcoin makes sense because that's an easy people are using it to try to to send money out of the country and I can't keep tabs on it we're going to shut that down in line also with what they've been doing recently cracking down on their tech giants you don't see Jack Ma you know very prominent anymore because basically the Chinese government slapped his slapped his ass down and said na you know you can't go around saying stuff like you know what you've been saying 10 cent recently I saw that they forced a sale like the Chinese government now owns 1% of ByteDance which is the parent company of TikTok so again the Chinese government has an incentive to crack down on all things tech particularly cryptocurrency and number two they are pioneering a digital yuan so what better way to push the development and the adoption of their digital yuan by removing the most prominent alternative meaning Bitcoin if Bitcoin is no longer around the Chinese Chinese citizens might be more there might be more incentive to shift to the digital yuan or the digital rembini which is what Harold from YouTube mentioned wants to grow troll it themselves and keeps pushing the digital rembini or yuan that their central bank controls yes so I completely agree I think personally one of the reasons why China has been so hard on crypto is that number one it's another way to keep tabs on their citizens because personally I can't over emphasize just how paranoid China is about keeping control because it's such a vast country and you can debate the merits of democracy and debate the merits of authoritarianism it's interesting though that China's never function with with an analogous government to democracy it's always in this very strong state that's why the emperors have ruled and China is the one of the longest running civilizations like they can trace their history back to the BC era with Chi Wang-Ti I think is the first tama ba is the first recognized emperor of China just to say that very culturally and geography you know just the sheer mass of citizens makes democracy may be a bit hard and it wouldn't work again I'm not I'm not debating the merits of living under democracy versus living under something more like the Chinese government I'm just saying that real ground you know on the ground cultural wise and statistics wise a strong government in China is usually the only thing that works and when the strong central government falls apart then the country fragments like in the warring states period the different when you had in the early 1900s late 1800s you had so many revolts the boxer rebellion that's when the west came in when they were able to force opium on the Chinese so which reverberates up to now that's why the Chinese still hate really strong adversion against the west because they feel talagang dinehado in the past early 20th century so getting back to crypto but the Chinese government does have some incentive to lock down on crypto here though we'll shift to the US a little bit and it's actually bad news on the US front so parang everything's looking like oh maganda na crypto prices are back up miners are getting back online but actually the US senate passed infrastructure bill and it was a big victory for the Biden administration it's one thing that both sides republicans and democrats can agree on like oh you know our roads are failing let's pass a bill that you know authorizes money to fund repairs of vital infrastructure and it sounds good on paper unfortunately there was a rider or I wouldn't call it a rider per se but a rider is like you know you have a topic for a bill because may suming it ng completely different topic in this case there is a portion of that bill where it requires a lot of owners reporting regarding crypto holdings from individuals and from crypto exchanges which isn't required now you know if there are any lawyers in the audience they might debate if it's a rider or not because they are trying to find sources for the fund so like we need to pay for a 1.2 billion infrastructure bill where we're going to get the funds again it's nice to tax things and it might been keeping with that but it's actually quite alarming from the crypto industry because up and up exchanges like the exchange I use is in Kraken is Kraken which is based in the US so you know more owner's requirements would mean like more costs involved with trading and cryptocurrency I'm not a US citizen so I wouldn't pay taxes to the US but if you are a US citizen and a lot of the investors are then crypto might not be such a good alternative investment anymore because of these owner's requirements making it easier for the IRS to track your holdings and things like that so it might be yeah it's not it makes it makes cryptocurrency in general less attractive to investors and as an investor you want more people if you notice like when crypto spikes is when a lot of people who weren't interested before suddenly get into it and that's when the market becomes white hot and you reach all time highs so the more people putting their money into crypto the better but this would have a freezing effect on that so a lot of people are worried about this in the crypto space the law hasn't passed yet the senate passed it but the house also still needs to pass it so there is still time to remove that particular amendment or to alter it sorry to remove that particular provision in the bill or to alter it although I'm not particularly I'm not particularly like my hopes aren't high on that front kasi for a lot of the lay people it's easy lang to oh yeah let's let's tax bitcoin let's tax ethereum or whatever and all these like youngins making money and I don't understand what this crypto is yeah it's okay tax man so I'm not confident that the house will remove that language from the bill but hopefully they will crossing my fingers Joseph Santos hello I'm Anton from Hardware Sugar so I'm not too confident about the bill that they'll remove that language from the bill but hopefully hopefully and even then prices will drop again but will prices recover I think they will still a bit farther into the future not something to super worry about yet but something to take into consideration IDX Addict US track record for spending tax for your money on failed war efforts is starting to become a regular thing I believe that the 20 year war in Afghanistan which is drawing to a close total bill was around 2 trillion dollars I think that's one estimate that I saw and actually I wanted to compute I took note because I was like what could you have done with 2 trillion I mean if you had spent it on clean energy and this isn't like a liberal fantasy like oh spend it on clean energy why not invest in other things but climate change is a really big deal we're past the 1 degree mark and we can only hit 2 degrees the maximum so it's really now or never if you imagine if we had spent 2 trillion dollars or the US just by the US 2 trillion dollars over 20 years for renewable energy to develop carbon capture technology to make actually nuclear plants are low carbon and there are some interesting designs if they had pushed nuclear would we be in this spot now and it's easy to single out the US because they do have the highest per capita carbon consumption yes there are a lot of Chinese China is the number one carbon emitter I think followed by the US but you know to be fair there are like 1 billion Chinese per capita it's really the US because well Americans are used to their comfort they like their aircon they like their cooling during the winter and actually cooling sorry the heating actually causes creates more carbon than cooling so an aircon versus a heater it takes more energy to run the heater so Americans per capita per individual person are the world's worst offenders in terms of carbon emissions so imagine if if the US had spent $2 trillion to reduce their carbon output and yes China is number one but China has 1 billion citizens and again I don't want to I don't want this to become like oh kawawa naman China and it's parang like apologizing for them but you know 300 million US population I think roughly versus 1.1 billion for Chinese I mean the US bears a lot of the weight of trying to get us to a more sustainable future $2 trillion in a spending it on a conflict that it's hard to see what results you got I'm sure you could have taken out bin ladin without okay before I run my mouth off again I mean it's hard to see what you really got for $2 trillion Curly Broccoli asks is pie network legit I'll be talking about pie network after the break sorry guys I promise CDK that we would run on a mid ad so here we go do stick around please it's just 40 seconds see you after the cut ang video na to ay handog ni CDKoffers.com marami kang mahahanap na ibat ibang uri ng software dito may games apps activation codes or windows 10 check out our video on CDKoffers in the video description mabilis mura and of course legit dito madali lang mag order search for the software you need add to cart check out done ka sa payment options nila wala pa isang minuto finished may legit working CDK ka na sa software na pinilimo gamitin ang aming promo code para mahakuha pa ng extra 20% discount sa purchase mo kung nagahanap ka ng mura legit and original software check out CDKoffers.com ang video na to ay handog ni I've heard because we put it in our videos put them in our streams I've heard that add so many times and you know it's become sort of a running gag among our staff and even among our friends na video na to ay handog ni but actually we're changing the add we're gonna come up with a new add that should be out like maybe the next two weeks still CDK and still the same thing basically but we're gonna change it up a bit we'll add more people maybe like more voices because even I'm even I'm a little sick of the add at this point hurly broccoli from YouTube ass is pie network legit I've been asked this question before to be honest I don't have a lot of experience with it I'm not on it I've only heard about it it seems a little dodgy to be frank so I would not number one I don't have any advice really on it I don't know enough about it to give any good advice but where I am is that it sounds a bit dodgy but I will do more research since a lot of people are talking about it and maybe I'll bring it up in episode four but where I am right now it's like I wouldn't put money in it and I wouldn't invest in it that might change when I do more research but that's where I am now alright so actually after the news what I'm gonna talk about is my new trading strategy because my problem is na my trading strategy has always been long term hold okay so I buy it cheap and I wait months sometimes even years and actually I'm gonna give you guys a peek on my actual Bitcoin trading at the end of the show since 2019 so these are my actual trades like how much I was able to buy in how much I sold it for so my strategy is buy low sell high but hold for a long time so I have some stuff that it has made a good profit but I am still keeping it but recently I've been thinking I have a watches that I've accumulated over several years maybe I can just use a small portion of that let's experiment kasi naman I always believe in experimenting whether it's with a shop or with my finances let's just try it out and let's see if it works maybe a stupid idea doesn't sound so stupid that said I've lost a lot of money so the new strategy that I'm trying is short term trading which is the exact opposite of what I usually do long term ito talaga like it's like day trading basically yes it's not a revolutionary strategy by any means but very new to me like kasi natempt ako like you see when I follow the crypto prices you're like oh this crypto this coin is up 2% after one day so my goal was 10% in one month can I make 10% in one month by doing very quick trades so I wanted to this is for August I wanted to do it for so I started late June late July but I'm gonna do it up to end of August and see where I am at that point so these are not paper losses the things in red I really lost like 5% 10% in one effing day July 30 was a bad day for me I lost 5.7% on lumen XLM and 5.6% on flow so there's around 11% loss I'm not telling you guys absolute dollar terms how much I lost but I am telling you like the percent so if I put in $100 last July 30 in lumen I lost around 6% so I lost $6 then I I only got back $94 so to be honest guys sobrang I'm gonna wait I'm gonna talk to the camera sobrang stressful nito I cannot emphasize just how stressful this has been because I'm used to just buying and forgetting about it I don't care price drops lower than what I bought it on kasi confident nga ako na akit yan give it 2 months 6 months just what the original prices that I showed earlier 2 months if I had bought it at $33,000 tas bumagsak pa siya $33.2 $29,000 ok lang yan kasi I know that's a really good price akit na siya and now if I had bought it in June $33.9 now $49.4 no problem it'll drop $29,000 but the problem with day trading for me I have a set budget so if that keeps dropping I won't have any more money to put in to put to reinvest that's why I once it hits a certain point I'm like goddamn I gotta get out of there like you know cut your losses so July 30 I bought in it was dropping like a rock the same day July 30 I sold out of both lumen and flow for around an 11% loss and if my goal is 10% a month that's devastating basically not only need to make the 11% back now I need to make 10% so the total I need to make is 21% now so it's really ang hirap nito so it's been a roller coaster for me and like I'm just gonna like if I'm gonna point out here August 4 I bought melon the enzyme the coin is enzyme at 100 and I haven't sold it yet because it hasn't reached it hasn't reached that price ever again like it's hit 89 88 it's hit maybe 94 I think the closest I've seen it hit is maybe 97 but it hasn't hit 100 yet toz sakit sakit sa akin like hindi ko talaga matik na ibenta yun so I'm still holding that position even though like maybe if it's 97 fine I'll just take the loss so it's been this whole day trading thing is very different like I'm super I always watch the numbers every day but there's no impact sa akin kung buwa ba siya 3% 5% because a long term hold naman ako but now every small percent matters but that said I have actually gained 15% I've managed again a 15.28% in the span of less than that's basically July 29 to August 18 so in the span I have 15% gain which is on one hand crazy 15% after 3 weeks is very very good I mean FINMA holdings which is a locally traded stock company here on the local stock market they recently issued bonds last Friday yes that's Friday bonds and what you get per year is around 3.5% of course it's bonds of course it's a different investment product it's a lot less riskier than what I'm doing now but if you look at 15% after 3 weeks that is very very good but to be upfront most of my gains have come from like XRP 10.8% and Tezos XTZ at 8.9% the problem with these two is that in absolute dollar terms I had very little dollars left so when I put them in yes malaking nga yung return ko total percent gain ko but on paper lost pa rin ako because most of my money to be honest got stuck in the damn enzyme MLN so in absolute dollar terms I am still down although the percent gain is up so you know good news and bad news good news is that I'm learning as I go along sometimes it's better to hold the little which is what the chat is saying I'll mention the chat in a bit but even on a very short term trading strategy it is still good to hold maybe a couple of days don't panic don't lose your shirt na oh my god I gotta get out of there because it's dropping like a rock it's been very interesting to me at least just from a learning perspective like you know give it maybe four days or so the prices usually improve even in this span of four days takot ng takot kasi ako na babagsak siya and then I won't be able to recover it anymore so I sell it super quickly but yun I'm learning to adopt the strategy I do have a fixed budget for this experimental trading strategy you know I'm not spending a lot of the word chest but you know I was curious and like yeah let's do it let's experiment so one take away is that yes I am the strategy is capable of producing very impressive gains but number two you do need to spread them out if you notice at the start I was only buying one crypto like I take the entire fund like I have and dump it into one currency because am I thinking was like yeah well even if it loses a little bit at least up and down covered pa naman but what I found out is that it's better to spread your bet even if you have a fixed pot for this kind of strategy it's very likely that you will only have one jackpot so it's like it's it's still good to spread your bets I mean yeah there's no I mean that's the bottom line of it so once here I've actually invested in almost eight currencies douche lumen xrp xrp so that's four na five six seven eight nine I think I think it might be nine or eight currencies so it is still good to to spread out your money spread out your investments even if in this kind of like I have a set fixed amount and I just want to get 10% quick in still good to diversify your holdings and number two is another learning or takeaway that I have is that it's really hard to chase the tail like you see something dropping like lumen actually was that's why sakit itong lumen na to for me kasi like it was above like 110 or something when it dropped to 100 I'm like seguro yun na yun so I bought in but actually yun nga it's down pa it's hit 88 it's hit like 91 so this is a very bad in fact I even took the haircut on the lumen august 9 trade like I bought at 92.6 and then I sold it at 91.1 I should have held actually because it hit actually 94.97 so it's been interesting and stressful to adopt the trading strategy to to this kind of day trading style and if anything well lessons learned even though money lost and I will have a full YouTube video on this like on like how successful it's been you notice I have open positions meaning like I have not sold the money the crypto that I bought yes in MLN august 4 and then yesterday I bought in douge and XLM which promptly dropped so again it's very hard to chase the tail so it's very hard to chase the the rocket for lack of a better word like you see these crypto spiking and crypto spike all the time add that spike 16% in one day and you think like I'll buy in even if I get like a 2% gain lang okay na yan kasi yung habal ko naman is 10% a month malaking bagan ng 2% but it's really hard to chase the rocket like I buy in thinking it's going up but at that point it's already going down so super super difficult to to chase the rocket and to chase the tail um ITX addict hold is the only thing that work for me I completely agree I wouldn't advise this for a lot of people again it was more like I wanted to experiment on a very short term hold strategy and like what advantages um would that something have kasi to be honest 10% after a month is nothing to sneeze at currently I'm at 15% although um yun nga let's see if I factor in the MLN loss like if I sold it at like 93 or something that would be a 7% haircut right there um so again it's just more like you know it's kind of like a game and you want to experiment with different strategies but I really do encourage like long term hold um as the best way to get really get uh to get a gain in crypto and I'll be talking about that um in the next segment of the show Harold Lim um holding us the only way to go with cryptocurrency uh short term trading in crypto is risky super second the real world um with shares of stock yes um but actually I think it's even riskier than than stock trading kasi nga sobrang volatile ng cryptocurrency um so in terms of in terms of volatility I think like the least would be bonds followed by FX like the real uh real world fiat currencies and then stocks and then I think the riskiest would be crypto kasi ang daming daming stuff uh I think I can spike up getting a drop like a rock so ang hirap noon but which brings me to the final segment of the show where I show you guys like my actual investment in bitcoin since 2019 um this is the tip show where I try to like what I've been doing with my own trading and what I found to work and very important is to have an excel sheet I cannot overemphasize how important this is and this is my excel sheet for bitcoin sige so this is my actual working sheet so it stretches back to 2019 before that I was I did have a different excel sheet but it was very bara bara and I would do it like based on trade like what I do for my short term trading na sunod sunod na the crypto but I found that it's easier to segregate it by crypto so you notice here at the very bottom I have different sheets and then each sheet is the different cryptocurrency so I have um in MLN XDZ OXT OMG LTC KNC Kyber Network Kava which is doing very well now flowed do not doing so well so in 2019 I shifted to this format where I do it by crypto bercoin instead of like per um indisha time based and I track it per time although I I I resurrected that format for short term trading because it seemed to the short term trading so this are my actual bitcoin again I've blotted out like how much I bought like how much actual bitcoin I bought like one bitcoin and I sold it at one bitcoin um so it's just a percent gains but you can see like um I've actually so again for me this is much a short term na like three weeks in 2019 I bought November 15 bitcoin was at around 86 and then I sold it at around 9600 on Feb 6 2020 this was right this was medyo panpandemic na March kasi yung pandemic um and you notice um I chose this ouchy I just hit my arm sorry you notice I chose the bitcoin actually because it's very what is bitcoin so it's easier for everybody to follow because it's the most traded stock traded coin sorry also because you notice that um okay so three months right August 15 oh actually this one August 20 so medyo short term pa ako dito September 19 2019 and then I sold it Feb 12 so actually um six months or so that I held on to a lot of my 2019 holdings you notice there are things in blue that I have not sold these are just state meaning you earn interest from them um and like so I bought it at 86 diba oh I sold that one sorry I bought it at 7100 in November right now bitcoin is at around almost 50,000 so that is uh very impressive um that's like what um let's say 7,000 times um 8 inaman times 7 times 7 so that's 700% return on something that I've held for less than two years um almost two years almost two years actually it's an even better gain on my March 2020 um bitcoin which I bought at 6,000 yun nga height of the pandemic and then super guys like like I I I have very I find I find there are very few sure things in life but when the pandemic hit and things dropped like a rock stocks and crypto I was like 110% sure na tatas din talaga yan so hirap na hirap ako to get my pesos bitcoin and into other crypto but talagang ginawa ko siya kasi I knew that their turn would be super good again very few things in life are sure but like I was sure of that um so it was a really a lot of effort to when you when you could finally get money into crypto kasi to be honest medyo na taken a back din ako so my my holdings weren't positioned to I didn't have a lot not a lot was liquidated I didn't have a lot of dollars on hand so I needed to get my pesos into the game so whatever hold is the way to go I do not advocate like the very risky short term holding strategy because the gains are also super good like just buy when you think the prices are good and I mean take a look at this um here actually in May I thought the market would bottom out at around 50,000 and I was dead wrong because the market bottom out around 29K on 50% almost 30% from what I thought the bottom would be that's why I bought at around 50,000 but now no worries May I bought it around 50,000 it's around 50,000 now although it hasn't reached that threshold parang medyo may resistance at that level but again I don't sweat it kasi yung long term usually holding scope although I think I will sell these 50,000 guys once it reaches maybe 55-54 but I might keep this 47 I think 47 is a good again I'm not a technical so I don't forget the terms but that's a good base that's a good floor for me I don't think in the near future it will drop below 47 so I'll probably keep that in a stake position and then probably hold that like indefinitely until like maybe the market drops again because again yun yung maganda sa crypto the market always drops again super high super low but just to get into the integrity of the excel so what I track is the date which I bought it the first so column B which is pixelated out is the amount the actual dollar amount which I spent on 100 dollars, 200 dollars whatever 10 dollars, 50 dollars no wait a minute that's not right the out column C is the actual value amount which I put in but I pixelated column B because that is the number of bitcoin that I bought obviously if you knew the number of bitcoin that I bought and then the rate at which I bought it at naglolokon lang tayo then you know how much I actually spent sorry so column B is the actual amount of bitcoin that I got column C is the actual amount of dollars that I used to buy that bitcoin column D is the bitcoin price which I bought at and then column F is the actual dollar amount which I bought and then that's translated into how much did I gain so did I gain $5 from the transaction fortunately for bitcoin I've never lost so there's nothing in red I do then denominate my losses in red like what I do here for the for the short term my usual sheet unpixelated this is how it will look like like my actual losses are in red my actual gains are in green I've never lost on bitcoin thank you Jesus so H is what I sold it at column I is the percentage gain that I got so 14% for my FEB 6 2020 trade I'm looking at row row 12 and so on and so forth 17% gain when I sold it last FEB 21 actually these are not these are very good gains but not super spectacular by any means and again I don't I don't pretend to be the world's greatest trader this is just what I'm putting I'm putting my foot where my mouth is I'm saying that this might be a good investment for you if you're interested and this is what I've been doing this is not investment advice by any means again it's completely up to you like what you do with your money again I'm just sharing like what I've done with my money I've never lost on bitcoin one thing I like about Kraken is the staking which you don't get on the local exchanges I mentioned before in how to trade cryptocurrency if you're in the Philippines the local exchanges not all for staking which is a very big part of my investment of my long term investment strategy again staking is basically like a TD you get you get interest on your crypto holdings but you can take them out at any time so there's really no loss guys it's really win-win so I buy some of them are like 20% per annum the returns that you get for staking a particular crypto you buy the price drops and you're like no problem you're still earning from the staking so that's super important for my investment strategies staking super important also again is a very organized Excel file actually I'm not organized by any means but that's why the Excel file really helps me to keep track of all my holdings and to because you can lose track because one of the strategies that I do is to have a very diversified portfolio I like to spend a lot of I like to buy a lot of different currencies kung puro bitcoin ka lang you're missing a lot of opportunity but you do need to keep track of like where you put your money in are you making money if you sell it at that price that's why I find I find an Excel file super organized Excel file super useful any trader should have something like this and I actually will be making this available maybe sometime in the future like my template up here in the lower and the upper right hand corner the columns minus and plus this just to the it's a quirk of cracking that they don't tell you the net that you got like when you buy from cracking they tell you how much you spent in one number and then there's another number for the exchange fees which I find super annoying like I don't care like I just want to know net right like cause I need to know when I sell and when I buy so when I buy crypto that's plus cause let's say I spent like a thousand dollars for example just for example again these are even though I need to see like ok ba yung ano so I spent like 1079 tapos sa transaction fee was 281 the total that I spent was 1082 so that's what I record in the sheet and minus naman of course may game ka but there's also transaction fees so 643.93 minus 1.67 what I actually got was 642.26 so that's just what those minus and plus are there in the upper right hand alright so for my short term trading strategy I'll do a complete YouTube video on it to see like just how much money I've lost how much white hair I've noticed I have more white hairs after doing cause it's over na kakastairs like should I pull out now ah actually here in my some white hairs there in my very very poor excuse for goatee is this the goatee or is this the goatee I can never remember so but that's what I'm doing like my strategy experimental trading strategy for short term trading and actually this is now available online I've made if you want to follow along and see like how I'm doing pattern some of your buying and trading after what I'm doing this is available online the link is in the video description and I will update it as the experiment goes on so you can see like how much I've lost how much I've gained things like that if that's something that you'd be interested in let me know like following the actual trades that I do I've been thinking of actually making it publishing it to the YouTube members like so for those interested in crypto ayon so been an hour at least the stream has been very stable thank you internet gods if you guys want more don't be fair I like doing this kind of crypto thing a lot of people seem interested although I don't know about the time if this is a good time for people because it's weekday and I know maybe I should be doing it we had a good crowd we had a good number last Sunday so maybe I should do that maybe I should be doing this on a Sunday but let's see anyway it's available on YouTube you can watch it not live Mark from Facebook I've been keeping my stake at trackin yes it's here and my hold hold old hold old bitcoin in BTC it's exotic about mining we can't talk about mining but to be honest we should have you on the show because you're actually been you're in the thick of things it's been a long time since I've been so I might not be in the best position to talk about it now we should have you on the show we will invite you on the show glad to see Mark that you're using crackin I don't know actually a lot of pinoy so are you seeing it because it's famous I like crackin and I've been using them for a long time that's why I'm with them interesting though that you stake Ethereum excuse me interesting that you stake Ethereum because you'll notice that when you stake it on crackin at least they give you that thing that we don't know when you can get your holdings because it's only when Ethereum 2 goes live that you can get them I'm not scaring you because I do have a substantial portion stake also in Ethereum because I believe in the currency I think they're going to do a good job and when Ethereum 2 does come out the value of skyrocket but it is interesting that you have it stake Ethereum so that means you're kind of an advanced investor not a lot of investors know about staking actually and even those guys they're kind of worried to stake Ethereum because I mentioned that usually you can just take it out at any time but that's not true for Ethereum because your reward will only come when Ethereum 2 is launched if it ever launches and the crackin disclaimer is very is very quick to point that out na ui, talagang risk ito you never know kung maglalunch maglalunch pagdaging Ethereum 2 but again personally I have a lot not a lot a good portion of my holdings are in in Ethereum yes, special guest ITX Mark Lewis pushing it I'd love to have ITX on the show will convince him Mark, I've only made an account crackin due to your mention of it I fully recommend it I mean honestly I think it's a really good trading platform I think they're super on the ball and they're super legit the only people I know who are on crackin are because that I recommended it but again it's not investment advice again but just like what do I do I really trust crackin with my money all in kanikanyang like what percent of your savings you should put in crypto but yeah a significant portion of my savings are in crypto takot para ang mag-all in pero nung ng pandemic talaga is like I couldn't I couldn't send money fast enough kasi ang daming restriction sa local exchanges like 50,000 or whatever a day there's an X limit so I was really hard pressed to to send it out I couldn't get it out enough so it's lunchtime thanks for watching guys thanks for joining me for crypto watch episode 3 you can see how much hair I've lost because of the short-term trading strategy that I'm pursuing in the YouTube video that I do I hope that this is the last of our streams for August as we fit our quota although Rafael, my brother will still be live streaming three more gaming sessions for August we do have another video coming out that's the NR200P already available now for members and how to build a budget PC 10K to 30K also available now for members so thanks so much for keeping me company during the stream stay safe delta's still out there cases are still very iffy stay safe take care have a good lunch