 Hello everybody, welcome to the live stream. We've got a lot of things to go over. Let's just jump right in shall we? So the title of the thumbnail and of course what we're talking about today is everything is breaking things are breaking around us And it's not really surprising especially if we look at what's happening. So first of all yesterday was quite a day, right? We saw 69 K. Everybody was super happy. And then of course we ran down to 60 K. Everybody was super sad But the majority of what people have understood is that that was going to happen And then of course what we happened yesterday with the Bitcoin ETFs, we see that in all actuality It was actually a pretty darn good day for the 5th of March. We saw black rock and nearly eight hundred billion dollars worth of inflows Think about that eight hundred million dollars worth of inflow For black rock now to offset that of course We have grayscale on the far right at three hundred three two million and of course the positive inflow was six hundred roughly 650 million and it just seems to me like grayscale as much as it's doing it still has a lot of Bitcoin, but it's breaking down and Those flows they could increase they could decrease but there's only so much Bitcoin that they possibly can have and If we take a look at it actually there's a better way to look at this, which is Bitcoin holdings over time Now when I see this it gets me a little bit more bullish than what I actually should be But when I see it, I'm like, okay, this does make a lot of sense and what we're taking a look at here is When this all started for the Bitcoin ETF itself on January 10th, did you know that grayscale had? 619,000 Bitcoin imagine that 619,000 it almost I mean it was close to I mean given more time It probably would have had a roughly a million Of course, there's only 21 million out there and only 19.5 have actually been mined But if you can just kind of extrapolate that and go that is a boatload of Bitcoin that actually held and over time You can see how much it's actually decreased now Who's the big one the big winner? Of course It's I bit which of course that is black rock and they have a hundred and three thousand so from January I'm just in quick math here. So January Okay, roughly that's like two months and roughly two months. They've gone from 619,000 to 400,000 you're looking at roughly 200,000 Bitcoin has been reduced from what it has and just has been dumped in the market now If we take a look at that over here, we can see that not everybody is getting out of the market people are of course They're selling off if they don't like grayscale. They don't like the actual The amount that they actually have to pay for the fees or it is something else something like FTX has to sell off to actually pay Back the creditors and everything else in between I But if we take a look at it I mean, this is positive news and at some point and we all know this we've all known this for quite some time things are gonna break down Grayscale is not gonna be able to dump and there's gonna be an equilibrium I think it's gonna be a nice equilibrium between what grayscale has What black rock has and also the second big player in the game, which would be fidelity now overall We still have eight point five billion dollars that have gone in flow Into this ETF, but I got to tell you things are breaking down And I think it's going to be good news for us I think we've got another month maybe two to go and after that it's gonna be pretty smooth sailing So I know people are bullish Maybe they're just not bullish enough who knows but talking about breaking down This is the thing that's really been bothering me lately. I mean really been bothering me for some reason Coinbase I do not understand and maybe someone can enlighten me in the comment section I'm not a develop as you may have known But I do not see how Coinbase who yes, they do have the majority of the custody for the various ETFs that are out there Not all of them, but but the majority how they can't fix an issue which is a Massive amount of demand massive amount of trades I understand that from 2021 and let me remind you that we're not even at the peak of The total volume that we've done and we're not at the peak of the actual market cap Which is roughly around 3.1 trillion dollars of last cycle in 2021 roughly about 2.3 trillion somewhere around there See me 2.3 It just amazed me that it keeps breaking down at these inopportune moments When we hit these points now, of course yesterday, we saw a massive amount of liquidations I want to say it's a 1.12 billion and that was long and assured so the bears and the bulls got wrecked equally Sorry, Charlie. That's just how it goes, but again when these things happen It just kind of astounds me and then people will say well Robbie don't understand because there's not only I have to do with with the regular folks, but they're also doing everything with You know for all the ETFs and they're custodying all these ETFs and of course OTC and they have to buy the Bitcoin I get that but let me ask you a quick question. I Don't have Binance. I am unfortunately I'm stuck with limited availability of certain exchanges But how many times has Binance gone down? Just a quick question now There may be little aspects of a but I mean totally gone down and then people would say well, there's the volume There's they have to do so much volume. Look Yesterday, there was a billion dollars Give or take Right it may you know more as far as like how much was actually going in flows and of course the eloquence There's that but I just want you to take a look at coin market cap calm because it's actually up and running unlike coin Keco and take a look at the trading by the last 24 hours Binance 65 billion 249 million 540,000 288 That's a lot of volume. That's a lot of volume coin base 10 billion 477 million six and forty four thousand nine forty nine and Buy a bit. Okay. X up bit cracking good for you guys cracking didn't go down However, it went down today. It was kind of odd at only three point two But again, if someone could enlighten me why coin base goes down Why this continues to keep happening even in 2021 it happened and they've realized that's the Hired more developers their stock went up. I'm pretty sure they're doing just fine just on my fees alone So maybe they get to kind of figure that out for the next time when we have the next blow-off top That would be nice and I got to tell you not only does it Bother me it also bothers Kathy would and she sells off 31 million a coin base stock after the site crashed now I don't think she did that just because she was ticked off at the site crash But I just thought it was a very funny article to add into it to say look people get tired of this nonsense Actually, I think that she pretty much sold off because she's taking profits, but it was interesting. I didn't know this That's a Kathy would head of our investment sold realfully 31 million worth of coin Despite the move coin is still our investment ETFs largest holding which I didn't know that I did know It's also one of the few wins of Woods major picks. I did not know that I thought Kathy would it was the next Oracle But hey, nobody's perfect, right? Arco also holds a significant stake in both Tesla and Roku both companies are showing struggling on their stocks have each Falling close to 30% this year. I thought she was into Nvidia, but maybe I'm incorrect It's found it interesting that you know as As much as we put some people on pedestals, they're not perfect So just remember that as we move forward, but that would be me to my last point and I'll get off my soap box Which is I need everybody to pay attention and to make sure they have multiple exchanges. I have screwed this up personally I Do have crack and I do have coin base. I need to branch out. I didn't do other things because When we have these blow-off tops and when we actually want to take profits, we're at the mercy Unfortunately of these centralized exchanges kind of sucks We can use Dexes We can use that and put in a stable coins. It's one way to do those things however We really want to move things around it's gonna be the centralized exchanges and I need everybody to make sure that they have multiple backups One of those could be crypto.com and The other one could be river.com. I don't have an affiliate link for either of these two. I don't work with them I actually have an account at crypto.com. It's why I've been buying some Random alt coins like Ronin a while ago in our weave because I can't get it anywhere else But these ones are the ones that I actually put this out yesterday asked on X on Twitter What's called Twitter? And so what have you guys been using and the two most popular? Well, it's actually three crack in which I have crypto.com and river so I had never actually heard of river So I will have to take a look at that but it looks pretty good zero fees on recurring orders Instantly send receive Bitcoin For larger investments for you whales out there. That's not me Anyhow links in the description. It's not an affiliate link. I Have no association with them whatsoever. It looks good. Then lastly I know we're in love with Bitcoin, but I've talked about this before I'm gonna say it again You have to pay attention to alts because at some point the alts are gonna run and I know if we take a look at What is bleeding against Bitcoin? Yes, of course some alts don't do great I get that but at some point they're gonna run they're gonna run hard And I want you guys to be aware of that. So let's take a look a cut just kidding We can't look at coin gecko because it's down But that's only the first time so I'm gonna forgive them, but we got a great website called coin market cap We could take a look here So yeah, I'm last seven days. I mean Bitcoin's up 9% the theorem is up 16%. It's pretty good 14% for Solana back to 129 watch out Cardano XRP is up 7% Wow Congratulations dogecoin 43% sheba enu the big winner is up 200% so I know everybody likes to talk about They say you know my project's got utility and it's got real functionality and it's gonna change the world I'm like, yeah, but have you seen what dogecoin did? Yeah, dog coins. I know it's ridiculous, but it is the way it is Bitcoin is run or excuse me The crypto market is running three things. It's on speculation hype and greed and there's no better place than that than dog coins So congratulations dogecoin and sheba enu holders. You're sitting pretty and 27% for polka dot there's something uniswap dex is out there. It's fantastic What are my favorite near is up almost 50% of the week 22% of the day So fantastic the point I'm trying to make here is that all coins are running and if you want to take a look at I have essentially four different categories. I think you're gonna do very well Web three gaming Dex's D-Pen Decentralized physical infrastructure network and layer ones But if you take a look over here at coin market cap There's this you can click on categories There's one thing I'd like you guys to take a look at look at any product any any category that you want to it's fine But there's one Let's see if I can find it hog chain Click on generative AI I want you just to go through this because what we just talked about as far as alts look pretty good, right? I sweet very good, but look at the ones in AI. I think AI is gonna run very hard Seven days bit tensor 21% render 26% fetch AI. We just talked about this three days ago four days ago 33% in 24 hours 84% in seven days singularity. We just talked about this through this weekend It's up 31% in 24 hours Akash. We just talked about this this weekend 20% in the day Ocean protocol that's an old one. I remember that one from back in the day echelon prime I think it's a gaming but yeah, whatever but anyhow, I want you to pay attention to this and just kind of Do your own research as best you possibly can because I think AI is gonna do very fantastically well and last thing I will say is this There's two things There's a chart that I put together And I was taking a look at just how things do after bull runs and if they actually make the hype And I took a look at 2017 and the top 53 Crypto's at that point most of these you guys are not gonna know Well, some will say everybody knows Bitcoin Ethereum But I wanted to see if it did an all-time high the cycle after which 2017 2021 And if that actually stayed in the top 53 most didn't Bitcoin cash XRP didn't hit it iota remember iota. Yeah, not really dash Nem do you remember Bitcoin gold exactly neo Cutem bit connect. What's so what's up? Populous only say go Lisk come on stratus bit shares our door Hypercash by coin xt monocoin verge. No one knows this stuff steam Veritasium there was a coin called Einsteinium and now you get my point so When we get into these altcoins just know that most aren't gonna stick around however Having said all that there was an interesting thing that I did Take a peek at which was I also wanted to see How we did from 2021 the top 53 on November 14th 2021 and how many were still in the top 53 as of today And I was actually pleasantly surprised So I think maybe things are changing maybe a little bit, but check this out Let me blow this up a little bit more. There we go Look at this All these that are still in the top 53 from from November 14th 2021 Bitcoin Ethereum Binance coin tether Solana XRP polka dot doge USD sheba, you know, we just talked about Cara. Haha. No, unfortunately not avalanche like coin chain link wrap Bitcoin Uniswap Bitcoin cash Algorithm is still in the top 53 polygon crypto.com. We just talked about a v-chain stellar ICP Tron is still in the top 53 crazy file coin ETH classic I Don't understand cosmos theta still in the top of E3 interesting FTX is not for good reason trash Hedera not phantom mere protocol die and then a bunch. Well a little bit multiverse Which used to call Dalaran the central land helium tasos the graph is still there. Cara's gone Monero EOS pancakes off the rest of them But what is interesting to me is that 62% 33 out of the 53 are Still in the top 53 from 2021. Can you it's not amazing? I thought it was amazing because I would all I would just assume they would have all fallen off So when we talk about altcoins So I'm gonna do well. Maybe things are changing. Maybe the maybe it's not all hype and speculation and greed Maybe they will do something. That's why I'm big on to AI and to deepen But time will only tell and lastly before we go in the Q&A is want to mention this Which is be careful out there Because don't make this mistake that I make and also what Bitcoin Karl made. This was a pretty good post I like this one. He says I got a friend who saved up a hundred thousand dollars He bought 10 Bitcoin at 10,000, which is pretty good, which is worth what? $660,000 today not bad But he panic sold he panic sold them at 5k and with the 50k he had left he bought a truck Never bought back in hates Bitcoin still holds a grudge against me. Does that sound familiar? Probably So I know we're all exuberant and we're all excited about this bull market. I get it I understand but I've screwed up before talking about crypto and digital assets and saying it's gonna be the greatest thing of all time When in reality what I should have said is this Which is look if you want to be an investor just know that you're gonna be down massively at some point It's not easy like everybody says for every token that you hear that goes to the moon There's a thousand or five hundred or two hundred or whatever it is that crash and people get burned big time So if you want to become an investor just know give me four years if you're gonna do it four years There's a four-year cycle in Bitcoin crypto and digital assets And if you can't hold for four years Then there's a line out the door over there go get some bonds and have fun staying poor and that's it So everybody if you like today's video give it a thumbs up consider subscribing everything we talk about is time sensitive