 But if you want to stick around we're gonna do a little Q&A. I'll answer all your burning questions to the best of my abilities And we will go from there. So thanks so much for stopping by like and subscribe all the great stuff and I'll see you on the next one So My favorite part the Q&A This is so good Crypto's a great hobby MS. Yeah, it's a great hobby Looks like 8,000. What is it? Yeah, roughly those steps today, which isn't bad But I mean look so many had 20,000 steps in one day. I'm as it I Can't even say that So that's a great question quit time says how do you how do you take profit when you believe in the project and don't need money And any urgency don't take profits. So there's a big difference. So actually There's two there's a couple ways to look at it, but I will tell you this so quit time I don't know what your specific situation is if you're just a baller and have a lot of money great good for you or If you're just like I don't need any money. Look, here's the thing The rainy day is coming and it's right around the corner. This is what I always think about I always think about I could get injured I could something could happen to me and I couldn't work or you know couldn't take care of the businesses or Something could happen to a family member health-wise and we need to have that cash on hand or Some kind of catastrophe could could strike our natural disaster and our home needs repairs whatever it is At some point the dark days are coming so you should always plan for those dark days And if you do you're gonna be a lot better out for it So right now you say well, I don't need any money because nothing's really going on But I'm telling you I am telling you right now How many people out there going man? I wish I had the money to pay for this project or this opportunity or to pay for I mean take your pick So for me personally, I always believe it's best to take a little bit of profits on the side And then let let the house money roll in or you know let it roll out So like a good example would be you put $1,000 into some project whatever I don't whatever it is that project doubles You take your initial investment of $1,000 out. You look the $1,000 ride and it's just house money That's like the easiest way to do things. So that's it Big facts kind of big facts just facts Rob Shields stepping I don't shield step and I don't even like stepping I did a review on it I would I talked bad about it if you're in a step and explain to me how great how why it's great First of all I bought a thousand dollar NFT and all they did was repair those stupid shoes And then all of a sudden people say oh well You didn't you didn't do the the the points in the right way or maybe you should just sell that one and get like a more Expensive one three or four thousand dollars. I'm like that's not gonna help a lot of people Who the heck is gonna go out there and like I want to get a $5,000 NFT But you can make your money back robin six months not in this market. So I'm just saying stepping not a fan Yeah, that's right Yes, thank you mullet I am I am the king of the show I You know and like I understand like if you're gonna call me a shill all I can say is just just use the correct title I have no problems with that. I am All right, so I'll have to answer your question Let's see. Oh Yeah, I just watched a video on a guy who put his there was a video on YouTube I wish I could find it, but it's the guy just talking about how he put all of his life savings in a Luna And then his girlfriend was like, what should I invest into he's like babe get in the Luna It's gonna be awesome and then he saw when it was going down He's like this is investment of a lifetime Because it's never gonna go to zero, right? And he told his girlfriend to put all the money in and then he was at his conference in Vegas and he Like the next day you woke up all his money was gone. I was like that's sad. So yeah take profits No, I shaved my beard and that's usually what gets me Here's a great question Rob, what's your take on a theorems transition 2.0 will affect the defi crypto like Kava We'll interest rate hikes have an effect on the crypto defi industry So interest rate hikes will have an effect on everybody. It doesn't matter if it's if it's Defi or or just a regular token or I mean take your pick or an oracle. It doesn't matter It's gonna affect all of us because I know people say well, it's it's priced in I don't believe it's priced in all the time and just depends if drone If Jay Powell comes out, I want to say June 13th or 14th, and they say hey, guess what? Did I have a basis points gonna be point seven five? We're gonna see a big a big tumble. So yeah, and as far as like what's your take on a theorems transition 2.0. I Gotta tell you I'm gonna the reason why I go I'm going to consensus Is I want to see just how Exuberance the Everything's going on with a theorem. I mean I got it to me I think and and we've seen this with but fatality seems a little bit rattled I mean a little bit, but I would be too if I had to transfer a whole proof of work over a proof of stake It's like changing the Changing your car's engine while it's driving Just seems extremely hard and we'll see how it goes. How will I affect it? Could be a by-the-room or sell the news and remember this doesn't totally upgrade it to Proof of stake this is just the the mergers just the second part sharding is the last step and that doesn't happen for Take your pick. I don't know and it's not gonna Decrease Gas fees, so I don't see the big deal. Oh, maybe I'm missing it. So that's it There's not holding XP. I do own some XRP still Because you never know How many projects why are so many products not available to US citizens at launch because the government hates us Don't you understand? No, I'm just kidding. They don't hate us. They despise us now so It's because there's regulatory uncertainty That's why that's why I'm always complaining that we need regulatory clarity and everybody boos me down Because they're like no we don't need any regulation and then an F this and F them and blah blah I'm like look if we just have a little bit clarity and we know exactly what is a commodity? What is a security? What is a currency and what is property? Maybe we can move forward and then we can actually do some cool stuff like sweat coin That's all I'm asking for. It's not a big deal Of course people say well, you know give me an inch to take a mile. Yes, I get it Course the government's gonna screw up. They're not perfect. They're still made of people. I'm pretty sure So look we'll deal with it as it comes in Tell me the rules of the game so I can bend the rules to my whim That's it. Ah Oh Here's a great alchemist my man tokenized real estate. That's right But this one So Rob, what's your thoughts in the sweat unlock and token dump it? So that's a great question and we do we do lockups and dump it usually every video the last four or five times but I didn't do it this one so I just got a look at the tokenomics today and I will just tell everybody just between us it looks fantastic and You know, but I've got another channel Dan de jen and I've only done three projects That I would recommend and though first one was again. So Kishi Did pretty well, right? It's still it's still like the best performing asset in my entire Portfolio still and I was just in December ever done not too bad Went up to like 13 cents went down to 7 cents not a lot of dumping because the lock-up periods were long and fame MMA And that one did go up and did go down went up to 45 cents And now I think it's hovering around 10 or 11 cents, but still not too bad The thing that I always focus on is we'll make the cut. What's the community? How big is it? What does it do the utility? What's the team where they from and the tokenomics and I look specifically at What are the lock-up periods and who's gonna dump on me because I'm always afraid of that That's what drives me fear drives me and when I took a look at it on this one It's good and I will talk about it's on Dan de jen channel. I will not Do the review on this channel. This is not the channel for that. This is the channel for straight laced decent advice or I shouldn't say advice decent stories about what I'm doing. I can't give any advice And that's it. I don't Now the other one Dan de jen I save specifically if you want to lose all your money Go over there Because these are super risky But so far we have what oh, okay so here's from a From a fellow vet rob one of us and I'm trying to completely retire by the end of my 20 He's talking about his time in service. I've got 11 to go. Well, that's pretty good did nine I'll be 38. Okay for my crypto to get me to the age I can use my so look pumped up gaming you got 11 years You got 11 years. That's huge. I mean I will tell you this If it was me, this would be the best time for me personally This is the time to invest. I think there's gonna be more of a I mean if you just look at the four-year cycles We talked about this to death I think there's some more downside coming. I do believe that but I know That it's a natural cycle just like we talked about with that book Uh, this time it's different. It's not different. It's gonna be the same thing It just could be a little bit longer. So if you got 11 you Jesus 11 years You could do a lot In that time and all you got to do is not go crazy and do a bunch of leverage plays unless you're into that And you know exactly what you're doing. I can't stop you. I'm not your dad But uh, it is a For 11 years to dollar cost average All you got to do Is take a look and if you want to be safe like safe safe Just take a look at the different projects that have been around And which ones do you think will still be around? So take a look at the cut What's the community? How big is it? What's the utility always a do with something different? How's the team? What are they done? Where are they going and how the tokenomics might get dumped on? pretty bad and that would lead me to Take a look at this and when I say like take a look at things that have been around it's the same thing For what I talked about in a couple of videos ago Which was we take a look at the internet back in the day do you notice just a couple of Projects that just keep hanging around and hanging around and hanging around do pretty well I'm not I mean obviously Amazon did okay Yahoo dropped off even though it was top at one point But google's down there somewhere disney's down there apple in 2008 apple apple apple google facebook microsoft microsoft was for the whole time So for me longevity look at the ones that have Been battle tested and then go into that one. Okay So yeah, I think you don't have to go hard personally. I wouldn't go super hard, especially right now because I don't know what's going to happen yeah Do you have a checklist? Yeah, just you know what go over dan dejen and watch any of those videos the those first three I talked about You'll see in my process the whole way through and I'll just tell you exactly and just the same thing Worth why I asked it's only gain value just call the rest of america doesn't know the value here yet look There's a lot of reasons why People don't invest because they don't know how to invest and that's it And let's see my dog came to see me. Let's see and Thoughts, I don't know nx and o thoughts an xrp doge eta. Yeah I don't have any doge though. I got a lot of codonal and a decent amount of xrp. That's it and that's See And that's all we got great. I did my job Oh, okay one more so Ace davis because a good point we have to believe in rights to property regulation is recognition of our serfdom I understand your reasoning just don't see our masters ever doing anything that is our interest I will say this I mean there has been times when regulation wasn't pretty much of a good thing There's this thing called osha occupational safety and health act And this was in 1960s the reason why they enacted that it's because people kept dying on the job And then of course there was high cancer rates because you know these companies corporations were like well We can't prove it was it was us that caused this I mean I didn't tell you to breathe in all that asbestos so on and so forth So, I mean that helped A lot to keep people alive and at least a little bit healthy So there was that part and then of course I always like to say law 230 Which allowed the internet to flourish because when you have these these websites and they would say hey I don't want to get sued for libel or slander libel Uh From what people write down and these and you know for these blog posts even though I'm hosting it and or things that are said on there So how do we rectify that okay law 230 you won't get sued and that's What gave rise to a lot of these different organizations. So yeah And that's it No lambo free. Who needs a lambo? I have a 2018 dodge grand caravan black Moat has ridden in it. It's the sweetest ride of all time super comfortable and it's paid off Who needs a lambo? I got stuff to do and also have a dodge ram truck. So I mean look I don't need a lambo. Those are dumb That's it. So look everybody. Thanks so much for stopping by today. I appreciate you like today's video. Give it a thumbs up I'll consider subscribing all things talk about our time sensitive And thanks for sticking around for the q&a. I do appreciate you guys and that's it for today So thanks so much and I'll see you on the next one