 Hello everybody, welcome to the Sunday live stream. So today just like the title title and thumbnail suggests we're going to talk about Bitcoin as we usually do but also about altcoins buying Bitcoin exit strategies and the things that are kind of floating out there now Because I can't keep it up at everything. It's very difficult. Especially in the crypto space I had to reach out and bring somebody else in to help me out and to give the best information We possibly can so without further ado Sam my financial friend Thanks for coming on. Yeah. Thanks for having me Yeah, right this ought to be a good one. It's Sunday. It's nice and It's not too much is going on So why don't we talk a little bit about some strategies what you're into and kind of go from there? And of course people if you don't know My Sam his YouTube channel There's a link in the description as well as his X account And you can follow it over there and then I actually was on his show Godly it was a three weeks ago Yeah, I think so sweet mary and jose has a long time And uh, and now I'm actually a crypto veteran, which is crazy But we talked about the exit strategy and what's going on And uh, when I'm actually getting out so I wanted to not return the favor, but I wanted to um Leach all the information I possibly could out of sam about what he's doing and then of course the altcoin So sam let's start with let's let's start with this Let's start with your first of all your journey to get here That's a good one and then You know what your plan is as far as Taking profits or I don't even know I don't I don't even know if you're going to sell everything I want so how this actually works. So let's just start there. Right. How did you get here? Uh portfolio a little bit and then you know, are you going to sell everything or how does the exit strategy look? Sure, so obviously a lot to unpack there Sorry, yeah, no, you're good. I don't really talk too much about uh, how I got interested in finance and crypto in the first place Anymore I did a lot when I started my channel, but uh, basically I went to school for uh medicine I starting my undergrad I had Almost a 4.0 like 3.98 in college And I was just starting to become a doctor and then I realized I didn't really want to do it I was in my final semester my long-term girlfriend who was also doing the same thing. Uh, we broke up. So then Like I think I was just competitive and that was the smartest decision to make is to go become a doctor at least at the time That's what I thought and I liked the challenge. So last semester had like a Moment where I just realized I was lying to myself. So Figured I figured if I wasn't going to be making 300k a year coming out of college I probably learned about finance And try to figure out what I should do with uh, maybe $30,000. I was I was bound to make Since I really had no career anymore. So learned about financial Independence and retiring early got super interested in that moved back home with my parents Got a job in a bank and then just like started learning more and more about how you could save significant amounts of money And then try to retire at 30 35 But I thought I found like uh I don't know some kind of magic Uh That you could you know invest 50 of what you made and retire in 17 years. I thought that was amazing Right. Yeah, but no one that I talked to cared about that. They're like, oh, you can't say 50 that's impossible And at the time I was living at home with my parents. So I didn't really know what was possible But I you know kept on learning more about it made a youtube channel to start talking about it Then cove it happened. I started talking about individual stock investing um My brother-in-law had tried to tell me about crypto since 2017 and I was like, uh I I heard about it in a bar for the first time and this person was talking about how it's only going up So then I just was like this guy's an idiot and then it crashed and I felt super smart for never investing in it And then it started rally again. I was like, okay, I should probably pay attention to it now Now I got super interested in cryptocurrency in 2020 2020 2020. Oh, you're like, okay. You're the so so you're the class of 2020 2021. Oh Okay, I get to meet everybody. This is fantastic Okay, so so that so that catches us up. So you were on the dark side You were working for the evil empire, which were the banks and their fractionized reserve lending. That's fantastic So, you know all something some of their tricks. So when you got into Into did you get into bitcoin first or did you get into something like crazy alls first? No, I got into bitcoin first. Um pretty boring there, but uh, yeah, I was just working a retail bank So it was definitely an interesting place to learn about making money because I could I could see what people made and like what people had in their accounts when we were helping them with different stuff So it was interesting to see how Money just changed for some people like I there's a two percent savings account Or two percent checking account. Um, they gave you two percent api And there's someone that had like a couple million dollars And they all had all they had to do is sign a piece of paper to switch it over the same checking account number and stuff Uh, they just need to sign a piece of paper for like $20,000 a year in interest and they just never did they didn't care Like it was just nothing to them. It wasn't worth coming in for So it was interesting to see how some people work like dollars were so much to some people and $20,000 is worth nothing So yeah, it was interesting then moving into crypto. Um Looking at something that was decentralized not With the prying hand or people looking at your accounts that kind of stuff As much as a bank. So yeah, I got super interesting crypto started diving in Now i'm 70 percent bitcoin it changes. It was even higher But obviously some altcoins have done well over the last A couple months. I've been allocating a little bit more towards bitcoin In a sense that I took a lot of payments in bitcoin over the last couple months So my bitcoin stack is growing but alts are just doing extremely well too. So yeah, that's an exciting time this part of the cycle Yeah, for sure. So yeah, so speak so okay So speaking of that and we're talking about of course your like like your portfolio like we're kind of on the same wavelength here You know as far as like bitcoin, which I know some people in the audience Like why do you do that boomer coin because it's not going to go it's not going to go up too much and i'm like well Safety first that's what I say. So like I said, this would be my portfolio mostly over 70 percent bitcoin and a whole host of altcoins that are out there but let's break into it and talk about The strategy so now that you have you've accumulated since you've been Since you've been here since 2021 in 2022 What did you because this would be like me going through 2017 writing it all the way up and all the way down doing a round trip Then realizing i'm not as smart as I thought I was and then Either throwing in the towel or starting to invest more. Did you start to invest more immediately? Are you like this is a scam? Then did some research or how did this work to get you to where you are like right now? Yeah, so I started buying And I bought more as the market went up and my income was going up more too So I just bought more and more and more until the very peak and I was like, oh well now Now we're falling down. I knew it was about to happen, but unfortunately I had some I had some in UST at the time. I like That was going to be meant for buying in the bear market So, uh, yeah, that's unfortunate But uh an important lesson that stablecoin is not necessarily the same thing as cash sitting in a fdic insured bank Obviously they're drawbacks to both of them But yeah, so I kept on stacking throughout the bear market was pretty um good about that and then Just kept on buying up until now. No, it's kind of an interesting stage because we're almost at all-time highs So I am going to start probably not selling the stack that I have now But stop accepting payments in bitcoin uh in crypto Around this price Like this is probably as big as my stack will get or close to it I have bought a little bit of the black rock etf2. It's nice to be able to put something in a retirement account So that way you can go away with not really paying taxes On it if you sell it in a 401k or roth or something like that. So I've been doing that a little bit too, but um Yeah, I didn't think that bitcoin was a scam. I knew the risks when it was going up, but Something that I didn't realize at the time something I heard that I think is pretty right on um Your first cycle in crypto You don't really make money. It's usually the second cycle then the third cycle like you're pretty well set But uh, I think that's good for people to know and obviously like more and more people will be asking us Not should I sell cryptocurrency? But should I buy cryptocurrency in this next bull run like over the next year? So many people are going to be asking us that um and they're not even going to care about when to sell They're just wondering if it's the time to buy and It's important to remember you probably won't make money But you probably should start allocating some amount to crypto because otherwise you'll just never do it You'll watch it go all the way up and you'll watch it go down You'll say oh, I was right just like I thought I was right in 2018 2019 Oh, that was dumb Why'd anyone invest in it and it goes back up and then you never end up buying or you think it's going to Keep on falling down and then you wait to buy so I think you know People should be looking to allocate towards crypto because we can see everything that's happening in the background With all the ETFs buying with a lot of high net worth individuals buying with countries getting more bullish I just saw the world economic form post something bullish or like a actually good about bitcoin the other day Did you see that video that's circulating around twitter? Yep, and it's it was a funny thing because You know you had the head of black rock larry fink who was who was part of that? And of course he was big on the esg compliance and then all of a sudden he's like It's not as big of a deal as we think it is and all of a sudden he gets into bitcoin all of a sudden But now the wf is coming in it's amazing how things how the narrative changes And that's why I say like this this cycle is a little bit different. So yeah, it's interesting Yeah, yeah, those are also the famous last words. I know that we were talking about like That's right Yeah, when we might want to sell and I do see People changing a little bit like people are saying well now This cycle is different and it does feel different every cycle is different But this is the first cycle that we've had big money coming. So now people are starting to think maybe I don't need to sell anything ever Which I think it's important to kind of get an idea for what your goals are How how will you feel if bitcoin goes into a super cycle? Then we never come back down and then how will you feel too? If uh, yeah, we do have that typical 75 to 85 drop in the bear market Like what's a good middle ground for you to hold? If you want to hold something maybe you want to hold some bitcoin long term But then kind of set your selling plan and I know we were going to talk about it. Do you mind if I present? For a minute and I'll show you what my plan is Let's see this plan because there's people right now saying you should never Sell anything. Well, you should never sell your bitcoin Some people will say you should never sell this specific all of that's physical But usually it's about bitcoin never sell bitcoin. That's the famous war cry for Michael sailor and I can see some of the points, but let's take a look at what we got here. Yeah, so Obviously, there are some people that say that they're never going to sell Like I know someone that start buying in 2015 and they move their whole family to bitcoin And they're not trying to tie bitcoin because they think of it as an alternative to the us dollar It's not an investment for them. They just think of it as a better dollar I am I understand that way of thinking but I'm still trying to gain in us dollar terms that's really My goal at the end of the day Because I don't really care about some arbitrary number I just want to have freedom of time and freedom to do what I want that kind of thing So timing if you can time the cycle it's typically Prevaluable if you can get out at the right time now. This is kind of a Isor it's a difficult chart to understand at first But this is coming from the rational route and each circle is a cycle right So we start here. We go around this is 2013 2017 2021 And you can see a lot this shows the entire price history of bitcoin Over time where red dots are bottoms And these big blue dots are tops all these little blue dots are new all-time highs So You know if you're watching crazy, they line up Yeah, yeah, it is crazy If you're watching this maybe you need a pause it to really take a look at the chart But you can see the last three cycles the bottoms have all been went within a few months of each other Yeah And that all-time highs have been or the the peaks of the bull markets have been within a few months of each other too There are a lot of people though. They're talking about left translated cycle Which means that maybe we don't peak over here close to 2026 Maybe we peak, you know first half of 2025 or something like that Usually it takes about a year those from when we start hitting the new all-time high to get to our The peak of the cycle so what I'm kind of looking at is The halving is going to happen right here We might hit an all-time high between now and the halving or right after the halving. It's impossible to know but I will probably Look at when the first New all-time high is and then maybe start three months after that and then sell for about six months So let's say we did that in this last cycle If you went six months from here It would be or sorry six months from I'm not saying When we hit the new all-time high Three months after that would be like right here And then you sell over the next six months Which would put you like right in front of this all-time high that $69,000 mark The cycle before if you wait to the all-time high And then three months after that and then sell for six months You'd be hitting like all these new all-time eyes, which is going to be when you don't want to sell Hopefully that's clear, but wait a couple months or I'm going to wait a couple months until we A couple months after we hit the new all-time high wait a couple months then and then sell over six months give or take But that's going to be when you don't feel like selling That's going to be when like the most bullish news is coming out when we've already hit a new all-time high Maybe we're at 80,000 or 100,000 Everyone's getting in all the billionaires are getting in everyone's stacking bit black rock just said allocate five percent of your portfolio We put it in all these target date funds That's typically when you want to be selling is when the most bullish news is coming out Um, but I plan on selling all my alts plan on selling Probably about half my bitcoin and then keep half of it That's that so okay, so let's so let's let's break that down because first of all it's a great chart Everybody I will repost that that's from the rational route. I think it's called the Circular bitcoin chart or something like that Bitcoin spiral. Yeah bitcoin spiral. Excuse me So like let's break it down. So sam talks about selling 50% of his bitcoin Some people again will say don't sell any of it and of course peter shows like don't buy any of it So really there has to be a happy medium in some way shape or form And really this is why like when we say not financial advice and I say i'm not your dad So like I can't tell you what to do This is really the truth because there's nobody who can tell you what is important for you if you Have a massive amount of debt and you're getting crushed from You know if sam would have gone all the way through to medical school He probably had a crushing debt as far as student debt and of course he would have put things on credit cards Let's say you have a 20-something percent credit card debt, right? Oh, let's say that you I don't know need a new kidney or something like that You're like I can't sell my bitcoin because I I've got two kidneys and I'll just I'll stay off dialysis for as long as I can So it comes down to what you really want to do with it and like we've always said happiness or wealth I should say Is not being told what to do and when to do it And you can do whatever you want at the time that you want and not have to answer to any person out there And that is wealth and that is because you can take control of your time So bitcoin can give you those things but bitcoin is not those things. So I want to make that crystal clear So sam when you're saying like okay 50 percent why hold on to 50 percent? I want to just sell the whole stack and be done with it like boom. I'm out of here Yeah, I think there's some relevancy or there there's um There's definitely a chance that we don't have A drop like we saw in the previous bear markets like how you said that we may Have a cycle that's different right this time may be different in the sense that we've never had retirement accounts allocate towards bitcoin We haven't had Large institutions like black rock fidelity those types of companies jump into crypto We might just see continuous inflows If it really does go into retirement accounts and people are buying Or the retirement accounts are buying a hundred million dollars worth of bitcoin every week Or every day There's definitely a chance that we see maybe a 30 or 40 drop, but we never see that 80 drop And when I look at the long term The long term trajectory of bitcoin Do I want to have less than you know five or 10 allocation in my overall network? Probably not So I I want to make sure that I hold some of it and enough that If we continue in the cycle if we go up to a million dollar bitcoin or half million dollar bitcoin or something Uh, and we never see that full drop I want to make sure that I still have an allocation to it because I know part of it is psychology and that if I sell my entire bag And then we move up a little bit more It'll be difficult. It'll be difficult watching that And I don't and I know myself too well Like I don't want to see us go up another 2x and think oh wow I really screwed up I need to buy some of it back then buy at a bad time or We do go down and then I think we're going to go down further. So then I Don't allocate enough like I just want to be as emotionless as possible when it comes to this And I think holding some is a happy medium I got it. I got to agree and it all comes down to of course what you want to do And we're going to keep hearing bullish news like this just broke a couple of days ago. This was Actually, you know, this would be sam's. Let me add mine Uh Morgan Stanley It looks like they're going to get into the bitcoin spot etf hoopla 1.3 trillion asset manager is considered adding adding this to to their portfolio and adding it to their customers So we have one more massive group getting into Etfs and of course that's on top of the other eight or nine or however many it is and how much is actually going through right now You can't get more bullish than this unless some other nation state comes out and says we're going to make bitcoin as legal tender I think the only thing else that can get bigger than that will be if the united states says, you know what? We're going to back the dollar with bitcoin once that happens Sam will be very happy that he kept 50 percent And then he was able to use the other 50 percent to pay off everything He probably wants to in his entire life so I can definitely see that but sam. It was a it was a good piece I appreciate just taking a look at that but let's move from bitcoin to alts because your heavy Your show is great on bitcoin and there was a really good one where you had a good you had a really good point It was talking about rentals. This is funny rentals are worse than bitcoin and So we we did this piece where you know, I we talked about this before is uh, we bought a condo here in Puerto Rico It was for 240. This is in uh, june of 2021 2020 if ought to put that 240,000 into bitcoin I've been worth 1.8 million right now I missed the button out But of course if I would have done the same thing in november or december of 2021 I would have been the same same price point. So it really would have made a difference But you've got a pretty good knack of talking about altcoins and ones that do pretty well So talk to us about what your altcoin plays are because if you're 70 into bitcoin, what else what's the other 30? Yeah, so just full disclaimer. Obviously, I own some of these I will sell some of these when the market goes up like I'm not a diamond hander I'm gonna I'm gonna sit on this for 30 years or anything like that. No, I'm I'm buying altcoins to make more us dollars and to make uh It easier to buy bitcoin during the bear market. So Just know that ahead of time. I do Yeah, you're welcome. I do hold a good amount of ethereum I think there's a narrative there for the next bull market. I I still think that ethereum is decent Technology it's more widely adopted than any other one at this point. There's more total value locked You're gonna have the den kuhn upgrade Which could lower some fees. I I know you posted on your twitter the other day about how expensive the fees are And I was looking at the same thing. I was trying to time it because I had like a hundred something dollar fee But I think that will be improved and I do know that there's a possibility of the ethereum etf I don't know if it will be as successful. I Almost know that won't be as successful as the bitcoin etf. There isn't as much demand for it yet But that could push up the price of ethereum. Uh, so I do have some agreement Yeah, I have That as probably the next largest part of my portfolio. Uh, I was an early investor in inspect Which is like a layer two for twitter Um, yeah, yeah, yeah, that did quite well. I think it went up 15x or something like that It's been pretty stagnant since it came out like going between 16 cents and 32 cents back and forth back and forth But but let me let me say when when inspect came out that was during the bear, wasn't it? Yeah, it was like right in between. Yeah, like bitcoin was maybe 30 000 or something Oh, you know, I remember when uh, I remember when cardano was three cents I mean when ethereum was a hundred bucks I remember was when salana was uh, 50, you know a dollar two dollars something crazy like that So, I mean who knows where it could go and if everybody's looking this would be inspect So when you're on x This this actually comes up sometimes if you download it and you can it looks like you can look at the data behind nfts and different projects and it was a pretty good one Actually on this one actually passed on it because I was like, I don't get it Which is what I do a lot, but it looks like it did pretty well. Well, actually this is 24 hours Let's go over Three months 30 days Not bad. Yeah, all right 21 cents. I'll take it. Yeah, what is it before 17 cents? Yeah It's one of those things too where it's a new cryptocurrency So even just holding its value is pretty good because a lot of the time tokens are unlocked Like we see this a lot where there's some big token drop. It spikes up Or tg listing it spikes up and then it falls and crashes And then sometimes the projects just die inspect hasn't done that they continue to Publish more and more information get partnerships. So even adjusting around the same price is probably pretty bullish For this next bull run But from there, there's more d gen stuff Oh, let's hear it. Yeah. So obviously I have some ethereum some salana I have some chain link like all the normal l ones big stuff There are some smaller cryptocurrencies and again like I know that It's difficult to understand what some of these things do a lot of Cryptocurrencies are way over my head even if I spend half an hour like I don't really understand I don't think it's going to get huge adoption some of these cryptocurrencies Not the ones I'm talking about today But like there's just a lot that do well and you can't catch every pump So that's important to remember like the FOMO is going to be real They're going to be 99 Yeah, they're going to be 99 cryptos that go And pump up 10x and you're probably not invested in any of them maybe one of them And that's okay because otherwise the easiest way to lose money during a bull run is to go from one thing That hasn't pumped to something that has pumped and then your original asset goes and pumps And then you try to get back into it and you just keep on losing money So yeah, I am sticking with some of these One that I have bought is sink as dow It's a What is that? It's small It's a borrowing and lending platform With some dynamics to it So it it's about as D gen as it gets like they were actually talking about that like that was part of their pitch Is that it was a Ponzi for a while? like Basically, there's a fee it's very safe moon-esque and that there's a fee when you buy and sell and then they have They have a treasury and those fees go to the treasury and then they go buy back their token Um, but they do have like a mechanism to let you borrow and lend And they're using the fees on the platform to then get paid back to stakers It's pretty high risk. It keeps on hitting all-time highs. Um, it's definitely one though that like You don't invest in it because you think it's gonna necessarily uh, gonna change the world or anything Like you kind of have to realize that you're getting into something that's super high risk super high reward Um, the people behind it like I talked to several people They're interested or they're invested in it and they have like huge conviction in it like not just pumping their own bags They like when it's falling they're like, no, we really think this is gonna be huge Uh, if you don't want to work with us, that's fine. We don't care that kind of thing like they are Super bullish about it Well, you know what so before so these are first of all, um before I look that up real quick So talk to us These plays that you're talking about when you say it's super d-gen like is that the is that like you're like, okay? 30% of my portfolio is gonna go into this d-gen play or like what kind of percentage are we talking about? Yeah, good question. So with this one it was less than a percent Uh, I think it was around a percent when I got into it, but it's up significantly So it's several percent now But still 70 bitcoin now Uh, but like inspect went up 15x since I invested in it. Um, so yeah that That quarter percent or something that I had is now two or three percent So it is one of those things where sometimes they grow to be larger percentages, but I'm not I'm not putting in Like, um, like even cdify. I bought cdify when it was around a dollar. I got bullish on cdify. Yeah, now it's four dollars Um, I only heard about Yeah, I had heard about them last bull market, but I didn't buy um, and then I only Start looking at them this bull market because they reached out about working together I'm like, oh, I should I should take a deep dive in this obviously And I was like, oh, wow, I really want to be invested in a launchpad like cdify for the next bull run. So I started buying it um When I started working with them around a dollar, uh, and everything that I got paid Um, like all the mentions and stuff Uh, obviously I always disclose that I pretty much just put it into cdify I bought the token with uh all our work together and then bought through the dip Um, but yeah, I mean that's grown to be a significant portion of my portfolio too. Um, or more significant but I dollar cost average on those types of uh cryptos Like I'm not going out there and buying a five percent allocation of any crypto and just lend it sit like I'll dollar cost it into it over time When you when you dollar cost average are you what platform are you using? Because that's a that's a big contention for me because I'm I mean we're both in in the usa I have to use coinbase, but do you use anything else? So it depends what it is like, uh, cdify can't buy on coinbase Uh, a lot of these cryptos you can't buy on coinbase So you might have to use uniswap or pancake swap for anyone that doesn't know this or anyone that's probably watching this a month into the future For the first time or if you're first time in crypto like the easiest way to figure out where to buy cryptos Just go to them on coin gecko or coin market cap scroll down and you can see where you can actually buy them but Generally I uh my on and off ramp is through coinbase and that's where the majority of it's happening But you know, there are hot wallets that I use cold wallets exchanges unfortunately, there's not a lot of uh There's not one platform that can do it all right now. So yeah, it's definitely a A lot of works transferring everything around and making sure that you can buy all these different allocations Man, it is a lot and that's that that's the thing for like getting people in because it's it's easy to do like a centralized exchange But like we were talking about the fees for ethereum. I will say this like for For like uniswap. I mean there's some reasonably high fees depending on what you're getting into But actually when I was going to move things from coinbase to my tangent wallet The fees were like it was only like eight or nine bucks or something like that for ethereum Which is which is actually pretty good right now But it's kind of laughable even if you think about crypto and what really should be done So I think I I need to do a video on this but it looks like like the exchange is either they're They're eating some costs to do that because if I'm doing like wallet like wallet to wallet is one thing Right and then metamask is god awful But it seems like like especially with coinbase. It's very low But I could be wrong there. I don't know. Yeah, I know some exchanges batch out transactions too Like I've worked on a change before that will send out multiple transactions at one time So I think they can lower the fees that way But it's interesting to think about that too and this is something that a lot of people don't understand but One of the big selling points of cryptocurrencies is that you can self custody And a lot of people will not be able to self custody in the future because it's going to get too expensive Like even people are going to be priced out of buying bitcoin and holding it themselves if they buy, you know 100 dollars worth of bitcoin There's only so many transactions that can go through at certain prices And we're already seeing like transaction prices go up a couple months ago I was looking at 40 dollars to send bitcoin somewhere Yeah, and it's just not worth it. You can actually go on The bitcoin rich list and you can see dust like different wallets that just have too little bitcoin to even withdraw it And even if you have a couple hundred dollars worth of bitcoin to do a 40 dollar fees, probably not worth it So years in the future when countries are buying bitcoin. They're sending bitcoin. They're they're willing to pay Uh 10 000 dollar fee to get it done quickly You're going to be priced out like you're going to be priced out of self custody So that's another reason that these ETFs are actually kind of a nice thing for a lot of people Is you can go buy 10 dollars and not have the friction of the fees but then also Sending it somewhere and keeping it safe That's gonna be yeah something weird to think about for a lot of people That's gonna be the that's gonna be one problem And the other problem is is teaching people about cold storage And how to do it and how to make it easy like for for me Like when I got in it was it was ledger or nothing essentially and that was pretty much it And then that while there was tracer and some other stuff like that But me personally like I used tangem Uh, the wall I just like using it's very simple. I got my cards right here actually check this out I got these digital asset news cards. Oh, yeah, very nice, but uh Drop your watch your toes dropping names But uh, you know like like these types of of cards make it so simple and like even like my mom can do it So that's what I'm looking forward to but like you said sam If we've got somebody who's got that high in fee is going to be a big huge problem And then before we before sorry before we go on and talk about more alts I just would want like to make one one comment, which is uh, I know Sam might have not talked about your particular alts coin And that happens, but just remember On this channel, we do the same thing And uh, even though sometimes I talk about your coin and you believe that I'm the most honest person out there But when I started talking about something else, you're like, why why is rob talked about that scam coin? Look for what it's worth. Let's just be honest A lot of these coins suck. They don't do anything And there really has no real utility and they're going to go to zero And uh, I hate to say that but I think most of the market is uh, well, I would say it would be two things It's a hype and speculation, but I'm wrong. It's three things. It's hype speculation and greed And for all the alt coins out there that that's uh, maybe you might say is like the best thing of all time Chances are it's not so let's just give that out of the way and just say that It's just important to take profits and that's it. I know it's not the most, you know, of course, uh Likeable comments, but I have to be honest with everybody because if not, I'm just a lion shill anyhow So say anything else as far as like alt coins that you're invested into and why you like them Yeah, so uh, just going back to what you said for a second I feel like After you've been like the first cycle that you go into cryptocurrency, you're like, this is going to change the world Second cycle, you're like, how can I make money? Like I know this is a Ponzi. That's a Ponzi. That's a Ponzi But can I get in early enough? Like is this is this musical chairs and even bitcoin in a sense is musical chairs Like we're talking about when to time the cycle like how do you sell out before other people? Can you get out before other people? And not lose out on the upside that is the goal So even bitcoin like everyone wants to be self-righteous and never sell and they think that their crypto is going to change the world But if I told you tomorrow is going to go down 50% or 90% you would sell it in a second But people don't think that in the bull market. They just are married to it No, they don't there's but you know, there are some there are some some people like i'm never going to sell And actually like okay, um, simon dixon been on the channel. I love that guy. He's a great guy great human being He's on great things for Celsius Uh creditors and he told me when he got back when he got into bitcoin in 2011 His only goal was to just to have more bitcoin at the end of the month And it worked out pretty well for him And then he said I screwed up one time and I put it in the Celsius He goes now was the time that I went against my rules now here We are and I think there's always going to be people that just say like i'm going to put this in because I am Financially stable. It's just I don't really need this this is going to go to my kids my grandkids And i'm just going to hold on to it for them and that's great and people can do that And then some people like we talked about I have to like look Nothing goes up forever. I'm going to take some profits along the way because I don't want to do the round trip again I'm tired of this and I need to take some profits and then other people are just like I'm just going to get into tomato coin and let's see how high it can go or whatever Yeah, yeah, no, I think uh one piece of advice for people is if you are one of those people that wants to buy and hold forever And you're okay with that do it with bitcoin don't do it with some altcoin like some top 20 altcoin or Something further down the line like if you want to if you want to do that if you want to hold this for your kids Go go buy bitcoin and have some altcoin because it's much less risky And I get this like I get like from a fundamental level Or psychological level why people feel Like they need to hold on to altcoins because they're part of a community or something Or even when you break down just like the psychology or the the um physiology of it like okay This thing goes up in value. It gives me dopamine. I want to keep on getting that dopamine I hold this so that keeps on going up in value and if I sell it then I miss out So like people just don't want that to happen, but I don't want that to happen. That's true. So yeah, yeah, so it's difficult, but There's always a price. There should always be a price. Um that you would sell something at unless I'm just crazy here, but there's always a price for people So I guess moving back into some altcoins. I know some of these are ones that you've looked at But I am Going to be uh getting some Ivan pay tokens um, yeah I got into that myself because I I always felt like Because for payments to and like this this actually comes from I was talking to my friend Steven who owns The sam one smokehouse here. He takes bitcoin through the lightning network and it's great But he but he said he goes, you know, sometimes people come in they're like, hey, do you take cardano? I don't take her down. Hey, do you take so I don't take so long Hey, do you take this or that? He goes, I'd like to take him, but then I gotta have a thousand wallets I'm not gonna do that and that's what I that's why I thought it'd be a good thing for Ivan pay because they could just like Especially aggregate all the different cryptos and go just send to this one And then it just goes there and then of course it automatically transcribes into dollars when you need it Or I and then of course if you want to transfer back into bitcoin or crypto you can I thought it was a great idea But you got into it as well Yes, yep So I am thinking the same thing as you and if I remember right it's backed by finance or that they're working with finance as well They have a bunch of locations. So I think this one will probably do pretty well We're getting to an interesting part in the cycle too where people are looking for these cryptos that will do well That are more degen that are launching And they're going to be some that do 100 x's they're like we've already seen a satoshi vm Which did all under that one hundred or a thousand x something like that and people got pissed off because There's some stuff happening in the background and it fell That's really I think why most people get pissed off is when it falls Um, and they were the ones buying the top, but Yeah, you have to guard yourself against this buying something that's up 150 x and an hour or two Uh, yeah, yeah But uh, yeah, so Ivan pay is one that I'm looking at alvaro, which is listing to Listing tomorrow Um on uniswap is one that I'm investing into as well Uh, and I think they'll do well. It's a decentralized hedge fund. Um, there's still a lot of people that can't invest in cryptocurrencies Um, like sure they might be able to buy bitcoin now, but uh, yeah for other cryptocurrencies It's too difficult for them to figure it out. So I think alvaro could be useful Even just from uh, like if you wanted to change allocations or you want to follow someone else's allocation It could be good. Um, and obviously they have a huge total addressable market And I know that you've talked about them before on your channel, too Yeah, just just real quick because people are like who cares a crap about a hedge fund Here's the thing about a hedge fund and it kind of goes like this like our buddy gary genzler Uh, this is right from the sec's website and uh, I talked about alvaro And I actually use this in the in what I was talking about I go the thing with with hedge funds that you got to be an accredited investor And essentially it's pretty much it's penalizing people who haven't made enough yet So it's like going look you're not in the club. You're not going to be in the club We're going to make sure you're not in the club So you have to make 200,000 plus a year for two years joining comes to be 300,000 And your net worth has to be 1 million and it can't be your primary house So essentially what's that saying is like look If you don't have money good luck making money and that's what alvaro tried to you know sides are To actually do and bring forth the people is like you could be your own hedge fund essentially like that But the problem that I saw there was twofold one is nobody was talking about it And the second one is that there it was it was an erc 7 6 21 which didn't even exist They thought okay We're going to make a basket that you can get into and make it super simple But we have to have the ethereum foundation actually approve it and I when I when I talk to the head of the of the project I go If this doesn't go through this thing's not kind of what happened. They go. Yeah, we know what we think it is I was like, okay I'll talk about it. But and of course they got to go through somehow So it's looking pretty good and people are talking about it more. So I'm happy Yep, definitely So that uh, that's coming tomorrow Obviously with any of these like if you're looking at and think oh wow, that sounds really interesting Um, probably the best thing to do is go research it more like don't just ape in because it's going up Like I said, like if it's going up 10x 50x 100x It's probably not the best time to be buying And as I said earlier, like you're doing this out on a lot of cryptos that do really well That's okay. That's what always happens like I've missed out on way more than I've actually gotten Um, but also you protect some downside if you research it a little bit more and you're a little bit more highly convicted Then just number go up. But I'm sure that your audience knows that I know that you Talk about that stuff a lot and making sure that you're careful on initial pumps and stuff like that. But um, Yeah, uh, that's kind of my altcoin portfolio that I'm looking at now I'm investing a lot more than that but I could go on all day. Um But I know like for a lot of people Like I said, like a lot of people will be coming into crypto And they want to know how much should I buy or something like that? I I think um, I made a video just recently Like how much should you buy? And I think it's important for people to realize that everyone's situation is different. But um, I I did Copy you rob. I I did, uh, Copy a video that you made. I think a few months ago talk about the best bitcoin Explanation ever daily also But I'm having more and more people reach out about like about What bitcoin is my wife the other day asked me like, oh, if you can't spend bitcoin, what good is it? Like what gives it value, which was weird because she never asked me about cryptocurrency She doesn't want to hear about it. Uh, because I talk about it all day anyways, but um, like I I stole that because I think it was a really good video But um, there are just going to be so many people that start wondering Where to buy cryptocurrency how to buy it what they should buy. Uh, I think a good Good starter is buying like 1 allocation in bitcoin Don't go for all these altcoins that we're just talking about like if you're just starting to buy cryptocurrency These are probably too risky for you But um, maybe start with like 1 allocation to bitcoin or a few hundred dollars or something like that I think that's a good starting point and then you can dive into all these other altcoins after you spend some time Just understanding even the volatility and the risks of bitcoin in the first place Yeah, well said. Yeah, I gotta agree and like Talking about that. I think it's the easiest thing to to talk about as far as like well Why, you know, why get into bitcoin? Why why do this because people I remember, you know A couple of years ago like do we really need this? And this was back in uh, 2021, you know, when we are actually 2020 I got a lot of questions going in 2021 because it was kind of, you know, taking off They said, you know, because we're getting this these stimmy checks and everything's good I mean dolders fine and I was like, well, you know in other countries of turkish lyra and venezuelan Like yeah, yeah, yeah, but you know in america, we're fine right now We're printing our way and we're good to go and now I think people are actually understanding it and actually To piggyback on what you said. I think it was is jeff. Yeah, jeff booth And he said it very well and he said look if you don't hold bitcoin All your prices are going up If you do nominate bitcoin prices are coming down and that's it That's really all you got to say and then when people say that doesn't make any sense because we can just print our way out of it Well, all you got to do is just say look, you know those house prices How'd they do how'd that do for you? Did your Did your the rate that you're getting paid go up equally or not go to the grocery store Go to any type of merchandise that you're talking about now I can take that same house in 2019. It would probably cost me over 60 bitcoin You know much a an average typical house of 440,000 Cost me right now cost me under nine bitcoin I go so as time goes on just think of it like that and the and america is great as it is. I love america But uh the inflation is and of course the money printing it does it can't get any worse. So yeah Yeah, and the reason it's bitcoin's going up in terms of value compared to other assets Is just because it's swallowing up market share like right people have money to put in either keep in us dollars Or put in treasuries or put in the stock market or put in real estate They're deciding instead of putting it in xyz. I'm gonna put it in bitcoin and that's why the price goes up and I saw like There are different charts out the that show like okay bitcoin takes 10 percent market share from xyz real estate Art jewelry all that kind of stuff. What does that add on to bitcoin's price and the numbers get nuts? Like I I watched Mark moss. He made a video. He's got a big channel Oh, yeah, he's bullish on bitcoin But he's pretty well respected and he made a video on how bitcoin can hit 43 billion dollars a coin last week And he goes through the math of it. It's just purely math based. It's not like he thinks it's necessarily going to do that But he goes through and I've made a video on it too on my channel like explaining what he said basically but Yeah, if bitcoin keeps on taking market share away from other assets, it's gonna go up a lot and that's why you want I mean First of all, it has value because it can transfer value across the world and there's no trusted third party It's it's divisible. It's better money than us dollars But the reason it keeps on going up in value is because it's swallowing up market share from other things And you know, whether you think bitcoin's gonna hit a million or half a million or a billion You probably want some allocation towards it if you're thinking long term Yeah, and that's why like when we talked about like selling a little bit coin, you know as time goes You know across a continuum because you know, you're like, hey, I got some bills to pay. I got things to do I want to you know pay off this or do that If you're 50 percenter And sell it or if you're like, okay, I'm just gonna keep 20 percent of my hold on back There's nothing wrong with that. I don't see it as as being you know awful, especially if we go to a million per bitcoin I could be wrong though But but I will say there's just a piggyback in what you said about uh, you know What mark moss talked about and you know, how much you could actually go because things could potentially get nuts This was one of my favorite charts to to show everybody And now right now most of the people that have been on my channel are groaning like oh this chart again But stick with me because it's always fun for me to look at so this one swears 100 billion This was this was in march of 2022 before sam bankman scam bankman fraud went to jail He had a billion dollars. That was his net worth that little square Professional sports team. That's not that much one two three and a half cryptocurrency was back to 760 billion Now we're at uh, we're we had 2.3 trillion somewhere on there Russian you say the I don't really care about this. This is what I care about gold 11.5 trillion. Do you think we could take? I don't know 10 percent 5 percent of that and if we take something like that What if we took some from the stock market and people like, you know, the returns aren't that great? And here's the smp 500 36 trillion dollars, maybe we could take something out of that especially out of the magnificent seven the smp 500 Uh, the money supply. Maybe people don't want to use Different money supply that's out there are narrow money 49 trillion dollars the world stock market That's over a hundred trillion dollars global debt. Maybe people are our countries are tired of buying The assets are the bonds that is being issued by the United States and going, you know what 300 trillion Maybe we could put that into bitcoin and maybe we get one percent Government sector. I don't care about that residential 326 trillion Maybe people like myself who have figured it out like man It's a real pain in the a to buy all this real estate. Maybe I put that into bitcoin again Point five one percent two percent. I don't know Global wealth 463 trillion all these billionaires out there and millionaires and then there's one that I really like derivatives I always think this think this this chart is broke Because you got derivatives national value and it's a quadrillion. I didn't know that word actually existed So that's futures forward's options warrants swaps and all that stuff. So let's just take one to two percent of that And now we get crazy now the numbers get insane and it's not just Because you put a billion dollars into bitcoin. It goes up by you know that market cap. It's because everything's finite And it's actual an exponential value So maybe things do you crazy? I could be wrong though, but it's good and uh, that was the most bullish That's the most bullish thing I've said in like uh months Yeah, people are gonna clip that but Compared to some of those other channels I mean, I saw the the head of macro at fidelity years ago said that bitcoin could hit a billion dollars Uh, just my Metcalf's law. Um, so there are people that are more bullish on Than you even on that but I wanted to hit on what you just said there like Uh, one those numbers are outdated not I'm not giving you a hard time But like think about how much those have changed even over the last two years or something since all those numbers were correct like uh I think some of those large companies are now twice the market cap that they were on that chart so Bitcoin goes up also because everything goes up because the dollar goes down down in value Um, the country keeps on printing more money So bitcoin is going to go up even if it just stays like the same amount of dominance of global assets But the other side of it too is something that I think you hit there on the end. Um If let's say a 100 billion dollars comes from Uh real estate like you sell 100 billion dollars or someone sells 100 billion dollars and puts into bitcoin That doesn't cause the the market cap of bitcoin to go up 100 billion dollars Like if someone goes and buys 10 billion dollars 10 times that shoots up the market cap So if you start taking some of those assets into bitcoin and just buying chunks of bitcoin It's so illiquid that the market cap Skyrockets in price. So you don't necessarily need You know a trillion dollars to come out of real estate to cause the market cap of bitcoin to go up a trillion dollars No, it's gonna take a lot less than that Yeah, it's crazy. That's crazy. Damn it sam. Don't say that you're gonna make me you're gonna make me fomo and start to Buy more bitcoin. I've done. I've bought a lot of bitcoin over the last two years Yeah, so everybody if you got questions for sam, uh, everything's open. I'm gonna take some questions Before hand that we came up there. Uh tom crown Tommy says both these guys are quality. Tom knows what he's talking about actually great channel I don't know why he cannot hit 100k. He should be over 100k by now. He's he's been struggling He's been wanting that for a while so if you guys could do me a favor and go to tom's channel subscribe to him He does great stuff. He's always good And uh, see jeff leopard says this is an ad potentially it is an ad I mean for crypto and digital assets That's for sure and of course everything we and sam just talked about we own them, right sam. Yep, definitely Yeah, let's see and we probably will sell them at some point too We probably will Uh hajami says empty your bank accounts moved to bitcoin all in this guy is in bitcoin only for the games. No, I think So like I think like sam talked about and I believe too is you know You get in at the price you deserve and you get in for the reasons that you want to be So some people get in because they're like look i'm in dire straits and the things that I invest into they suck I have a A savings account that gives me 0.2 percent. That's not going to get me to financial stability So I got to get into something else and then you have to get on your feet And you have to get stable and after you're stable then you know like sam talked about You know you takes your first your first run to really kind of figure it out And the second one you do better in the third one. Essentially you you do your best So for me, I just think everybody's on a continuum sam. What do you think? Yeah, definitely Uh, and yeah, hopefully we never say to go on sometimes, you know, we might say that in a title or something Because the underlying information is important. So we want to draw you to the video But uh, yeah, it's probably not a good idea to go all in bitcoin. Uh, I mean from a number standpoint Yeah, if you could have gone a hundred percent bitcoin for whenever you've made money Yeah, you you wouldn't probably be here. Uh, listen to this video anymore You'd be sitting on a beach or doing whatever you want to do. Um, but yeah from a psychology standpoint It's usually not good to go all in bitcoin because then you'll uh, Probably have a lot of stress A lot of stress, but like I will say it actually worked out pretty damn well for my friend diddy From the bitcoin family that son of a gun he did at uh, he sold his cars his house his business At the beginning of the 2017 run when it was like a thousand bucks And now he's just now he just lives on the beach with it with his kids, but you got to remember like What did it what did that give him? Bitcoin i'm sure biddy probably sold a little bit along the way to get to where he wants to be He doesn't he doesn't answer anybody He lives in the beach. He does what he wants to do. He doesn't he doesn't have to you know Show up to a job. I think that's the best thing and then uh Yeah, I think so and then there was this one. Mr. Conundrum says don't Don't sell big boys. Don't sell bitcoin. You borrow against it save on taxes sam. What do you think? I think it's easier to do this safely now um With the bitcoin ETFs like I I don't know if we talked about it before or we started or after we started filming but I have been buying some of the bitcoin ETFs because I would much rather borrow through fidelity than borrow through some d5 lending platform or something like that I got it'd be much easier just to buy the bitcoin ETF During the next bear market or bull market if I need a little bit of liquidity, which I probably won't I could borrow bar. I could always borrow against it there um a lot easier, but The tough thing is it's so volatile Uh that if you borrow against it, let's say you borrow 30 of your bitcoin and we're at $300,000 If we go through a 80 correction, you're going to lose that bitcoin or you're going to have to put more money in there to cover so I I don't love the idea of borrowing against it unless unless you really need to um I'd rather just take a little bit profit not have to worry about it Yeah, I hate that idea because everybody knows my stance on Well, your stance right there of you know, if you have an ETF for with fidelity you can borrow against it, right? Apparently, okay That's great. Like yeah, but but like you say like if it's if you get margin called You have to keep adding and adding and adding and if you're upside down on your loan and whatever you put it into Then you have problems me I did through I did a loan through Celsius And of course, we knew we all know what happened there, right huge huge huge mistake I'm not a fan of borrowing against it and another thing I'm not a fan of is not your keys. Not your crypto So like if like sam you can do the etf. I will never do an etf And uh, but like I said on this on this journey everybody is different So I will just say for me not happen uh Jweb3 says one mullet if you're in the space to make money, why are you a part of a boomer normie channel? I guess we're talking about this one. I am a boomer. Well, I'm not really but look As time I told this to everybody sam. I said as time goes on I start talking about selling I'm gonna be called. Well, I'm gonna be called a couple of things first a boomer Then I'm gonna be called uh paper hands for sure And then I'm gonna say you don't know what you're talking about and then you know If we do crash which maybe we do or not then of course people say man, maybe that guy did know Eric's got a question for you. Any favorite book you recommend? Yeah, so I'm not a huge reader. Um, I just feel like it takes a long time and it's kind of dull one One book that I really liked Actually one that got me really interested in finance in the first place was actually the tony robbins books They're super simple, but basically like how compounding works So if you have got a kid that doesn't really know how investing works, that's pretty inspirational And then one that I found that was just pretty entertaining. I think I finished it in a day or two with bitcoin billionaires It's the story of the wink of boss twins And them starting to learn about bitcoin early in the day like mount gox era What they did scouring their private keys and encrypted Encrypted keys through like three different safety deposit boxes across the us and like all that stuff. So that's pretty entertaining That's good. That is really good I uh I The recent book I read it was uh moon walking with einstein, which it was it was a collection of of a gentleman who went through Uh, this it was super memory training There's like these these memory training competitions and how he went from having a very poor memory to having a very good memory And besides yeah, that's that's it was a pretty entertaining one Then the the the recent one that I always Check out is uh marcos aurelius some meditations for stoicism just to kind of Center myself a little bit before I get too much over myself because I make tons of mistakes. All right let's see and Markey the legend So sam what's your favorite crypto gaming? Are you into gaming web through gaming or not too much? Yeah, so I Personally, I like mobile gaming. I don't even I don't think I've had anything since the we like in terms of gaming consoles We was awesome. Yeah. Yeah, um, so I I think the gaming narrative is going to be big Uh, I think probably the thing I'm allocated most towards is c to 5 because I don't really necessarily want to pick all the Biggest games. I think just a launchpad and I know Um, you're you've talked about 10 set before like I'm big into the launch pads because I don't want to have to pick The individual project that does well. I'd rather have some kind of infrastructure or launch pad that benefits from it It makes sense No, no, that's that's pretty good And then here really and guys are coming from an hour So let's do a couple ones and LeBron's got a question or statement if everyone is expecting a crash. Does that mean we're going higher? Good question. Sam, what do you got? Yeah, I mean usually the market moves in the opposite way that people expect uh I don't think everyone is expecting a crash when I look at twitter It does make me bullish that some people still think we're going down Like there are some people shorting the market. There are some people that think we're going lower as soon as they flip bullish That's when we might want to sound some alarm signals, but The the ETFs have changed the game and that like if you look since that first initial drop After the ETFs were approved, which obviously some people just bought waiting for the ETFs to be approved Like there have not been dips maybe a few thousand dollars of consolidation Uh ranging but it just swallowed up so much bitcoin It's really hard to see what's going to happen going forward like do we see 30 drops in the bull market probably but yeah, but There's just so much buying and it can switch it can flip But there are some entities that are starting to buy too like financial advisors take a while To approve it for compliance and that kind of thing. Um, but yeah, I mean Your guess is as good as mine whether we crash 20% or whether we go up to a new all-time high in the next month Yeah, it's tough to say. Yeah, I'll just defer to you on that one Ah, this is a good one. Jason says question. This is my second cycle. Ah, somebody makes it It's very tough to get to that first one because that's when you get wrecked the hardest Wrote it up and down the last time. That's like everybody else don't want to make the same mistake When I sell bitcoin, what's the best swap usd t usdc or out to a bank account in fiat? What do you think? I think it depends probably where you're at in the u.s It's probably best in my opinion to just go to a bank account But it depends on the numbers you're working with too like if you have 10 million dollars worth of bitcoin it might be hard to get it into a bank account Um, it's true like it might take too long to withdraw And I know some people have that issue, but for other people, you know 200 dollars. It's pretty easy So depends on your own situation if I had the choice between usdc or usdc or a bank I'd feel better in a bank as long as i'm below that fdic limit. Um, but you know, who knows? Yeah, what are your thoughts rob? No, I mean I just the same thing, you know if you have If you have the ability to put it into into cash because you know stables are great But like you said in the beginning us. Yeah, they're stable except for the ones that aren't Yeah, like like you're you're you're usd for your luna. I mean that was a travesty You know like people lost massive amounts of money. I mean last cycle was a real A real wake-up call and um, I just uh when I look at it I think to me a usdc is probably the safest because it's backed One to one and they have everything open Tether as much as people talk about it even myself. They're still around and they're still minting like crazy So, um, I would just do usdc. Maybe a little tether if somebody needs it, but uh fiat if I have to but again When you get out of crypto and bitcoin or whatever you're doing Just remember that you're never going to get off this this merry-go-round You're going to have to keep allocating funds into assets because unless what do you I mean, what are you doing? You're putting into money and just melting because of inflation I don't think the america is going to stop printing anytime soon and then Last one. Well, actually there's a comment that makes me want to want to think More about when I talk about retirements and uh And uh the ETFs Let's see because Evo. That's funny. He says I have my bitcoin fidelity retirement account and then uh, steven says Many have not woken up yet the ability to put retirement account funds into a bitcoin ETF That will be a big way if I just did the two weeks ago a major win for me And it is a major win. I you know in the beginning. I was talking about how I never do it, but you know just talking To what you said sam and to these two gentlemen. Maybe I could uh soften my position a little bit Makes sense. I mean it makes it easier to take profits too If if they really do go up One to one with bitcoin and you want to avoid some taxes, but you want to take some off the table Like that's a nice way of not having to deal with the tax man right away Oh, everybody loves that and then last question as we're coming out to it say April 20th Will the having be a sale the news event based on the history of bitcoin or will just be business as usual And then we march off to the all-time highs I think that The day of it might be a Sell the news event, but just like the ETFs. It's fundamentally bullish for bitcoin because there's less sold It's not it's not some piece of news that doesn't matter It does matter and it changes it changes Because there's 450 less bitcoin every single day that's going to be sold and what do the miners do? They sell like eventually they sell it doesn't matter if they're holding now they sell at some point because they need to cover costs um, so Yeah, it just changes 93.5 of all bitcoin in existence has been mined over the last 15 years and Now we have 6.5 for the next 117 years So there this is like a massive changing point and how much bitcoin there is And there's just not much liquid left. So yeah, it does change I can get behind no same thing. It doesn't change the liquidity issue I just saw a report from glass node It looks like otc might be drying up, but there's a discrepancy In charts i'll cross the board, but it doesn't matter I think as time goes on there's only so much that they can actually absorb and then of course as time Happens we get into the halving Again three or four months. It's going to give you crazy. So Everybody thanks so much for stopping by for today. Sam especially stopping by if you're not subscribed Here's sam's channel My financial friend also you can find him on x the links are in the description and check out this little gem right here I'm buying heavy which was three weeks ago when I think bitcoin was under Under uh 60 actually around 55 52 000. So congratulations, sam. You were you were buying heavy then and you were buying a year ago Uh, so good job appreciate it. Thanks for having me on rob appreciate you And appreciate what you're doing for the crypto space, too We're trying we're trying buddy. All right, everybody. So thanks so much get out of here I appreciate you like this video give it a thumbs up consider subscribing everything to talk about is time sensitive That's it for today. So thanks everybody. See you on the next one