 Great one digital asset news like a top stories and crypto bring out a bite-sized piece So today just as the thumbnail and the title suggest there's some Irregulated and regularities and some concerns for some on-chain data So I'm gonna bring this to your attention so you can make the best decision for yourself so the first thing we're gonna talk about is the data does show some concerns, but there's some Conflicting data or conflicting action in some very important walls. We'll take a look also bitmex CEO Is a total wet blanket with his new post? But unfortunately he might be correct and lastly we'll take a look at some good news Luna adds for cryptos to its bridge plus Ray Dalio's diversify advice and last we'll do five questions in five minutes So if you're welcome in the live stream, thanks so much for stopping by on this guy. What is it? Swench Shoot, it's Wednesday. It's Wednesday already. Wow time's flying If you're new just so you know Live stream watching the the replay just knows gonna be time stands below News takes about 10 15 minutes or so and then five questions five minutes Let's jump in clear a lot of stuff to talk about so this is what we got here is the market itself So if we take a look at the market Little bit of rebound that's pretty good everybody's happy everything static. Hey, yeah 2.2. All right but just When I say when in doubt zoom out, I mean that for everything so we take the small wins today I guess would be a small win. I guess but in all honesty I mean just to get above 2 trillion isn't a really big win. It's we were at Don't don't forget not too long ago. We were at 3.2 trillion But again take the small victories for what they are today Bitcoin's up 2.9. It turns up 2% Bnb blah blah XRP and things up XRP's look like looks looking like they might win their lawsuit I don't really have any bunch. I've just been watching different videos on it So a lot of people do better than me talking about that but looks pretty positive Cardano's ever is a 2% 5% but remember this is in 24 hours with the seven day. I mean Doge down 18% Tara down 24% Solana down 17% I mean, it's uh, it's a good day But the grand scheme of things we got a long way to go And then if we take a look well, what's going on? Why is this is up so much? Well, we have Don't have to look too far. Just take a look at the S&P 500. I mean, they just opened up what it's 11 A couple hours ago or so and they're having a nice little rally good for the traditional stock market also Nasdaq Is also on a nice little little tear today. So so good for them. I know the cpi numbers came out 8. Whatever percent it was and probably a lot and I go higher and uh tanked yesterday But today it looks like they're rallying. Let me just see what's the five day. Yeah, look at that five days And it almost looks Kind of like crypto doesn't it? That's what we've been talking about here for a while. So that's what's going on in the market Let's jump in a day's top story, huh data Show some concerns Let's take a look at some wallets. So I just want to show this to you. This is a great website it's into the block and There's a link in the description. It's not an affiliate link, but you can find it it's it's it really breaks down on chain analysis very simply and it's uh, it's not super expensive like, uh Like glass note or that that Website is it's super expensive. This one is like I want to say it's like six or seven bucks a month very cheap And uh, it's a lot of great info So what I want to bring to your attention is two things ownership and large holders inflow I just thought this was interesting You can back it up all the way to 2010 But I'm just looking at uh around july 2020 to the present and what we have here is three sections really While we have four the price of bitcoin Retail Which are the small investors like me and you Uh investors which hone which own between zero point one one percent and the whales which are zero point one percent are higher of uh Of the status of bitcoin. So there's not too many whales here and what I found was interesting was that It just seems like here was a ton of whales Not a ton but I mean as far as whales go 220 they own 227 000 bickling good for them and then they just disappeared I don't know if this is a data issue or what it was but uh as far as 2020 on there was like no whales So it really became I don't know if they sold off or what happened, but only sold off at the right time because Now went all the way up and if we want to talk about smart money. Look at this. Look at this the price at its peak Was around 69 000 this one says 63 but whatever okay, and there wasn't that many whales But then as it started to go down then all of a sudden whales smart money you might say They start to buy in at the top, which is kind of weird. Isn't it like we've always been told Well, you know smart money. They got a lot of money and they're hanging around and That but it doesn't show that right here However, they did get in They didn't start accumulating down here at 37 000 38 000. So okay, I can see it and there's more Whales going this way and then retail has just been studied But what I want to mention here is this see all these retail all this retail right here Retail did what retail does Which is as you can see it starts to decrease the amount of retail It means they were selling off and who were they selling off to They're selling to investors and the whales. Well, I guess just investors. Those investors became whales. So as time goes on this moniker really does Hold true, which is people Retail people like me and you we get a little scared. We start selling off for the dumbest reasons And then all of a sudden it starts to go up now This is not investment advice just investment opinion and you can just see that These investors had a pretty great time, but they were buying up up here. So maybe not so bad Then it kind of comes down here not so much and then off we go Then over here, I gotta tell you actually retail did a pretty good job on this side here They maybe they got smarter They started to To grab Bitcoin down here Oh, no, they excuse me. That's not right. They started to accumulate at 58,000. Okay. That's that's that's thanks more sense Then over here, but I will say this as time has gone on We flattened out as far as the retail looks like everybody's holding strong. Maybe everybody gets it Maybe it's a hold on for a while. That's all we got. So that's that's the first one But this thing concerns me so If it does hold true that smart money does what smart money does and they start to accumulate at these Appropriate times. This is large holders inflow. What the heck is this? So if we take a look at the definition Large holders inflow Any holder with over 0.1% of the soy clearing supply of a large cap crypto asset such as bitcoin Holds a substantial amount of funds or these guys with over 0% therefore Large holder inflow tracked the funds going into addresses belonging to whales or investors. So we talk about Large holder inflow we're talking about the big guys and gals So what is this? Why is this important large holder inflow suggests strong buying activity taking place Many of these addresses buy on centralized exchanges and then transfer into cold storage Spikes in large holder inflows can point to bottoms and prices as these addresses tend to buy insides Following significant correction. So obviously right here. There's a great example In black is the price of bitcoin as it went way down This is intense one. Yeah, we had a big influx of these whales and investors They bought like crazy good for them And then it went up. They still they still bought look at this They still bought a little bit still bought a little bit because they thought because even though they're smart money They don't they don't have crystal ball It goes down down down. They see a huge spike again Right and then but what's interesting here is that they hit this spike right here And they missed it and they missed this one And some of the smartest ones got this one and then as it starts to like a little bit of a rally then they started to Buy back against why is this important? This is important because of this and this was actually in the thumbnail I found it very interesting that First of all, there were spikes over here, which makes sense. January 3rd, 2022 When the price of bitcoin is 37,000. So these these whales these Investors they're in the money right now. Good for them And then as it goes over here, they didn't buy so much, but they still bought here 42,000 They still bought here again, 42,000 They bought it 36,000 38,000 What's concerning to me is that as we go over here, of course the price goes up to 47 They buy a little bit. They don't buy so much See where we're at right now down here Do you see anybody buying? There's not much activity To this point. So it makes me think as we go over here and nobody's really buying Then maybe we got a little bit longer way to go down. That's the bad news. Here's the good news though If you're and this is and remember It's all about a mentality What are you here for? How long you're here for? Are you here for a couple of weeks or a months? Well, good luck if you're here for three four five year plan Might do pretty good. I think these two are so if we take a look at this is the lfg wallet Which is luna doquan in that group Today this morning it is april 13th, right? Okay They just bought 2,500 Bitcoin That's a lot. It's a lot of bitcoin Someone do the math for me 2,500 bitcoin just this morning. So maybe they know something we don't and also Well number three or wallet number three the infamous Uh yesterday they bought 417 Then 138 then a couple days ago. They bought 143 and 17 and 75 and so on and so forth. So There's some conflicting data. It looks like I don't know which way it's going to go. Nobody really knows But in the wallets that looks pretty good. But it leads me to my second point And this is the bitmex CEO arthur haze. I know he's had a Little bit of a checkered past and those other things but Give it to the guy. I mean he did figure out that hey people Want to do some a lot of leveraged trades as we've seen before and For bitmex, which he co-created did a pretty good job of as far as like that exchange So this is what's going on with him and what he believes to be true And again, I bring these things to you to show all sides of the story. Here's what we got so bitmex CEO Says bitcoin could drop to 30k and it's all about stock market routes because right now It's a nice little rally, right? It's a pretty good day. It'll go up forever Well, actually hold on in the one day. Actually, that's connection five days How about a month still pretty good? How about six months? Not too good. How about over a year? Not too good. Let's take a look at the s&p five days One month. Okay six months Still up there one year Still burning pretty good So depending on what you think I personally believe people are treating bitcoin like a like a tech stock Which is what NASDAQ would be to but just me okay stock market route And he says it very eloquently while the long-term crypto market is is bright The short-term perspective is scary potentially So this is what we got This downturn that we're gonna that we've been seeing is being attributed to the federal reserve expected rate hikes As economists believe the u.s central bank is expected to deliver two back-to-back Half-point interest rate hikes in may and june. So there's two things I want to talk about real quick We did a video just a couple of days ago And we take and we took a look at data as far as recession So I linked that in the comments or in the description below you can take a look at it We took a look at different data points the cpi the ppi would take a look at two and ten year yields How they flipped how they flip back But exactly what's going on me personally The feds trying to do a soft landing very difficult to do and then also on top of that we also did this video This was uh two weeks ago And it was called sell in may and go away And I know for some of you in the traditional finance world, you know this very well And the video that we took a look at it was data points Which went back all the way until the early 1900s As far as the traditional stock market in the united states and globally as well And a lot of data does point That uh, things start to slump off After may and then they start to rally Back in october will that happen again? Well, I'll tell you my plans in a bit anyhow The survey economists also predict the chance of recession happening next year is 40% also dutch bank also believes that same things gonna happen around 18 months We will see Hayes believes the end of the petro dollar euro dollar monetary system is drawing closer. I think we can actually agree on that one He predicted gold's value could reach 10k per ounce while bitcoin marches to a million dollars per coin. First of all I would love to see that Not just for the fact that I've got a couple bitcoin But the fact that finally the the gold bugs and the bitcoin maximalists could actually get together and agree on something that Price goes up. So I hope it actually does happen. That'd be great. But it's like I've always said I think the next uh, same as account is gold silver bitcoin. So moving on Hayes is clear that the fed reserve has put a stop to monetary easing practices And that that time has ended uh nasdaq down 30 down 50 your guess is as good as mine But let's be clear The fed isn't playing to grow its balance sheet again anytime soon meaning equities aren't going any higher I know there's been other people that will say that no no no What they're gonna do is they're gonna try to they're gonna try to Increase the rates and when the rates start to shutter the economy Then they're gonna fire up the printers that remains to be seen. I don't know if they're gonna do it or not but uh It would scan to reason if they want to stave off inflation or even stagflation or god help us deflation I don't see how they can keep printing I know they're in a rock and a hard place, but sometimes you got to choose the lesser of two evils And I think the lesser of two vehicles is not to print again. It could be wrong. Uh, let's uh, finish this up so here so Hayes predicts bitcoin will drop to 30k per unit Eighth to slide to 2500. Here's the question If it does do that, let me know in the in the comments right now because we're gonna do a Q&A in a bit What do you do when bitcoin goes to 30k and a fear a theorem goes down to 2500? Which isn't really that bad honestly a 30 to 2500 at bitcoin to 30k Can you handle that? Is that a good news? Would you like to accumulate or is that the most awful news because you went in too hard? So there isn't he does say like this. There isn't much science these numbers other than a gut feeling and also Instead of that gut feeling I want to make mention of this one point right here. He talks about the correlation For bitcoin to nasdaq And correlation points it's between negative one zero to one positive one Anything that's positively correlated means it's in lock step. So to be perfectly correlated that will be a one zero was neutral and negative Like a negative one will be it does the exact opposite meaning if bitcoin went up the s&p would shoot down That would be a negative I believe it's very positive and right now We're at zero point five nine correlation zero point. That's almost that's like zero point six Let's just say at zero point six right anything above I would say a half would be pretty damn correlated just a guesstimate here and One thing to note here is that as far as like correlation to these stocks And I think we can all agree that stocks are going to take a hit as soon as these These basis points get get rolled out by the Fed This was an article march 23rd bitcoin's correlation s&p 500 hits 17 month high. Well, how much was that? So that was zero point four nine And that was on march 23rd. Let me do some quick math Seven that roughly three weeks we went from zero point four nine, which was a 17 month high To all the way now to zero point five nine Correlation so I have to ask How much more correlated do you need it to be that could be wrong? Let me know in the comments, but it looks like it's pretty correlated anyhow He states the annoying part is that there are a number of alt coins I'll begin to accumulate because the prices are attractive even though some of these coins are down 75 I don't believe even they can escape the coming crypto carnage. We know that's good. That's true alt coins usually Gets rocked as bitcoin goes down But he does say as such I am buying crash june 2022 Puts on both bitcoin ether as such. I am boing. I am buying crash june 2022 again Salome go away. It's uh, something to consider something to think about for you not to do just to think off anti-vice He says market progress might be wrong He says I will be wrong of the correlation between bitcoin ether and nasdaq starts dropping before a crash and risk asset markets I'm perfectly okay with that outcome as I'm already in a long crypto position. So real quick Here's the thing me and you don't see crypto as a risk On asset But everybody else or a lot of other people in the world do they see as a very risky Prospect they see commodities as not that risky and some people still see gold as like the safest alternative Just how it is, you know, we're just ahead of the curve. We're front-running all of these billionaires and large institutions It's just the truth. Congratulations. You're front-running people The question is what happens if this does happen. Do you have a plan in place? Do you know what you want to do? Do you just want to buy some more or are you going to sit there and be like, wow? I just lost my a and maybe I shouldn't have dumped so much into it Or is it not a big thing? I just want to know where people are So let me know that in the comment section and here's the thing. I was going to tell you So for me personally I'm not the person these days to say buy every dip because it doesn't work that well for every single time It just depends on what you want to do because everybody's Goals are different. My goals are not your goals, but I will say this. I have said it for the longest time I don't sell the crypto Until I need crypto For whatever projects that I have now as time moves forward in June, July, August, September I'm going to get into another big project and I'm going to need a little bit of crypto now I could take a loan against that crypto, but speaking from experience I can tell you that if you take loans at crypto just be prepared to Over-collateralize because you will get margin called. So around May I'm going to take not a sizable But an amount of profits for my crypto because I need to get into some more real estate in the next six Nine and twelve months Additionally additional real estate and I'm not here to sell when things go super low I'm here to sell at some Reasonable point. I might take a I might take a loan, but I don't know if that's really the best play So just you know, that is what I am doing now again. Let me be 100 clear That's just what I'm doing doesn't mean you have to do that I'm just saying that I believe that with these rates that are going to push out by the Fed That the market the housing market will actually cool and start to eventually collapse as time goes on So as that point, I want to be ready to scoop up those houses as the price dips That's just me. So let me just think about that in the comment section. Oh, that will be spicy as we go on Let's move on to our last two pieces Loon ads for crypto. So just real quick. That was interesting Uh Tara's cross chain bridge now supports Solana avalanche phantom mood beam and osmosis uh Which I didn't really know they had this cross chain bridge tech has come a long way over the past 12 months in mid-september There was over 7 billion tvl and today cross chain bridges to a theorem hold 19 billion in value It's pretty good bridge dot terra money now supports avalanche Solana osmosis phantom and moonbeam network Easiest way to move funds in cryptos a dope one. You also shared a screenshot of the protocol which looks something like this. This looks very That's a nice user interface osmosis secret and effective. They got a lot actually Uh, in addition to newly added uh, Solana phantom moonbeam They also support ethereum Bsc or by a smart chain harmony secret injective cosmos and polygon The terra network has been a prominent fixture in essentially finance in recent times And it's the second largest tvl and I got me thinking. Well, are they really the second if you take a look at dphilama? Dot com forward slash chance. I put in the link in the scripture So you don't have to take my advice for it. Let's take a look at the tvl Ethereum is far away the biggest 117 billion and over a month. They've actually increased by 12 percent That's pretty good over a month I mean now in seven days are down a little bit because people got scared. They took their money out That's how it is Terra is second and they were up nine percent in one month at 26 billion. The next closest one is binance chain And it's not Really that close it's 13 billion of 26 billion, which is pretty amazing avalanche is 10 billion Solana 6 billion phantom 5.8 polygon 4.5 tron tron tron 4 billion great near is uh, 1.21 and a bunch of other ones and then uh, of course The one that's uh Gets a lot of guff. I still own cardano. I like cardano. Cardano is that uh, They were up 30 for the month though when they're now at 236 million. So Not too bad moon river 24 percent. So that's amazing I think that's uh, they locked up that much and hasn't haven't lost that much And yeah, that's good news. I think I'm interesting by the common section and then let's finish it up Oh, sorry. I didn't didn't blow it up there. Sorry I want to give you some some sage advice from redalio And this was a great interview It was with luis haus And first of all, who's redalio if you don't know, I mean people always talk about right like all redalio great investor Who is redalio? So he's a billionaire hedge fund manager Co-chief investment officer of the world's largest hedge fund bridge water associates Dale's regard is one of the greatest investors or innovators in the finance world having popularized many commonly's practices risk parity currency overlay Portable alpha and global inflation index bond management received his MBA from harvard Launch bridge water And it was listed as the largest hedge fund in the world Bloomberg ranked him as the world's 79th wealthiest person So to say that he knows what he's doing as far as finance is kind of an understatement. Can we just agree that? Okay, one thing we can agree on So this is what he talks about as far as diversification. The reason I bring this up today There's the things that we just talked about before and it's something to consider because You've got other people who'll say, yeah, you shouldn't diversify just brought all the one thing Sure, I guess but this is coming from a pretty Influential guy. So this is about two minutes or so and uh, let me stop the screen so you can hear it I'm gonna mute myself so you don't hear me or no echo. Just take a listen two minutes And then there avoid the following mistake the most common mistake of investing Thinking that the investment that did good is a good investment People rather more expensive the things that quite often Those markets that did Really really well became more expensive and Everybody smart money is all the time compete comparing them and competing So what happens is? Um The naive money Buys the thing that was hot Or is hot The thing that has been terrible, which might be the thing that's beaten down So I would say also an important element. Okay. So here's another one. That's really important diversify Hmm. So don't put all your eggs in one basket. Right because what I learned about this Is that first of all all investments? Uh compete and it's not easy to tell tell whether one investment is better than the other Because if people could do that life would be easy and everybody'd make a ton of money Um, so and this is a competitive game. That's very difficult to compete in so it's very difficult to say Which ones better or worse? You could take experts and you could and do all sorts of tests And you'll find out that they can pick that and you can't tell whether the worst ones are going to be better So because of that You understand that um, even picking the best ones is difficult and particularly if you're naive Like we spend hundreds of millions of dollars each year on research To try to give us an edge. Okay. Now you've got to compete with us So, uh competing in the markets is more difficult than competing in the olympics We wouldn't think i'm going to compete in the olympics, but there are more people who try harder In order to do that. So it's a zero-sum game So but diversification That they're different, uh will reduce your risk without Reducing your return. Yeah, so if you know how to diversify well So, um, that's critical. So I would say again Get get your savings right and the reasons I say I would say Have great humility about what you what you don't know Don't buy the thing that was hot Don't just because you think it's hot Um and then know how to diversify well that those would be the most important things I could convey Yeah, there you go That's coming from one of the wealthiest people in the world With the largest hedge fund in the globe. So I can't really say much better than that anyhow Just bring it to your attention because I think diversification is a savior and that's it for today So look if you like today's video give it a thumbs up one a little bit longer today. Sorry about that But a lot of things going on If you liked it thumbs up subscribe all that great stuff and now if you got time stick around We'll do five questions in five minutes and I'll try to answer your most burning questions. If not Adios, so let's get to it. Shall we? dot dot Sideshow bob says it right diversification and periodic rebalancing excellent points Yeah, I need to rebalance that I had to do that myself I had to cut some losers in my crypto portfolio They may be winners, but they have underperformed and that's just how it goes the longer you're in the long Do you realize that? Hey, sometimes this doesn't work out. I don't care. I don't have to have everything hit my portfolio Just a couple and I'll be okay That's the risks we take or I take And let's see. Let's see. Let's see Jones james's clueless lists event James is a really smart guy and he went to worton college And I know it turns off some people that he's talks about selana a lot, but selana's a pretty good chain Now is selana gonna be your winner? I don't know Do you are you 100% sure it's gonna be a loser? Well, then it's up to you I personally own ethereum cardano selana chain link Avalanche near I don't know. I don't care which one wins I'm not here to have a date with any of these cryptos I just want one of them to make it or two. That's all I care about Anyhow, that's what's up. That was funny Miguel Voyager card update. Ah I have it right here. I have it right here in my hand and I'm gonna activate it today I've just been so busy. I haven't done it and Actually, I was talking to my lawyer in porta rica this morning and he was talking about hey He's like, hey, I finally got into crypto and coinbase. I'm like, well better. I guess Not not my personal choice. And then he says I'm gonna he says I'm getting I'm getting a little yield on it I'm like, great and I told him about voyager and 9% for usdc. He's like, I gotta write that down I'm like, yeah, write that down because like your bank gonna give that anything to it And I reached and for everybody out there. I reached out to steve the ceo of voyager On twitter. I said, hey man With what happened with celcius and block fi and x all the things that are going on If you want to come onto my channel and Er or you know talk about it. You have a platform to talk You go like and I said I understand if legal won't let you But the offer is there and he responding said, I'll let you know I'll keep it posted So when he comes on because I think the interesting thing is where's this going to go as far as like with voyager and uh, how celcius did things and If you don't know what I'm talking about watch my video from yesterday And it's all about celcius and credit investors and them shutting off yield for US citizens if you're not a credit investor only in the us so Jade's got a good question How do you think the biggest problem with whale accumulation of bitcoin is all over the Counter sales or otc versus buying on exchange in the open market Can small retail still drive this market? Well, first of all at some point That's I know I've said about this before and it gets so It gets so repetitious when I say it but there is a supply truck coming at some point I just don't know when it is and at some point that's going to dry up So the otc and things that are moving and and the strategy that michael sailor came about He didn't come up with it But he did work very closely with coinbase to really not move the market At some point it's going to dry up. I just don't know when it is but uh, it's coming and me personally I think there's there's two ways it comes first of all um We have to get a little We have to get through this negative crunch. That's going to come From the us which is going to affect globally with especially those rates and what's going to happen On the stock market things I just talked about Second thing is is that ukraine and russia that has to come to a resolution because no one knows where it's going to branch out to I don't care what your opinion is on that. This is not a political But at some point those two sides have to wind down and they have to get a little bit of a piece to Really balance out or even out this this this market and the third thing that has to happen is regulation And not regulation to where like they put the clamp on it, but just clarity when I say regulation. I mean clarity What's a security? What's a commodity? What's a currency? And if they can just say that and give clarity of these institutions, I think they can actually come in You know what? I'd rather have me bisque between us. Just just say it's all security. I don't care Say it's all security and then All the different exchanges have to go. Okay. We'll register as a security. You want your money? Whatever We know what you're all about they get they register as security or selling securities. Everything goes through fine It's the same thing that robin who does they sell securities all day. They call it equities called stocks Ah great question number three fame in my video that's going to be done today so look When I talk about diversify There's a point. I think this is the next thing if you guys Dana white said it really well Dana white from ufc He said no one's going to stop not everybody's going to stop and watch a cricket match Because no one really cares about cricket as a sport not nobody but a lot of people in the united states some people aren't going to sit around and watch football because It doesn't really make any sense to them, especially if you're in europe They're like who cares we'll watch soccer But he says everybody's going to sit around and watch a fight And this fame mna is going to go very heavy into crypto On their own token. I'll talk all about it. That's it And let's see Jeff's got a great question. Are you missing potorico? Yes because today Anything below 80 degrees now is cold for me Sad I know I'm weak weak weak person but uh man this morning it was in opasso it was like I want to say 58 in the morning with wind By heavy winds, so it sucked. Yeah, I miss uh, I missed that part. I missed the people I met there too Yeah, that's right Look man, you don't become king of the shill just by being an amateur. That's just how it is You gotta really It's it's constant. It's it's a constant battle to become this Cuckoo cuckoo cuckoo king of the shill And let's see Ah, it's up to you. I'm still holding on so I'm still I'm still holding for on the vgx Of course, I will tell you this if it comes out like you know what I'm curious of I haven't even looked at this. Let's I need to jump back Share the screen I wanted to take a look at how The news affected Celsius token. I didn't even look It's on the 105 Well, that does make sense so with the news of Celsius And of course them not offering yields to non-accredited investors in the united states Which is a lot of people went from 250 to And it's not that bad in all honesty. It's not that bad Over seven days. Okay, but that could be just the market. I think the news hits right here Goes down enough So voyager I will just tell you this You hold the voyager token and that same news comes out I would expect it to I don't know why it's spiked here. Many cents I would expect the drop just like that. So just be aware Got to call a spade a spade Is voyager mail? I'm pretty I'm I think it is not 100 but uh check on that one Yeah, hit a thumbs up. It's not a way that That youtube will get it going You'll see there's a token coming. Yeah, that's all you need tokenized What I could want this this one about fame Is that so fame fame MMA if you don't know I didn't know it's based in poland And they're branching out into spain and parts of uk and stuff like that. They're actually going to Pay their franchisees in this token. They're also going to be paying their fighters In the token and here's the crazy thing. They're fighters. They're all like EU celebrities and influencers So like if you think about to me personally as a marker at one point I always think about how am I going to get this message out? Well, I need marketing So if I have celebrities or people who already have a following and they're talking about I'm going to be fighting in the You know in fame and may and also I'm going to use in this token and this token if you want to get it It's x amount and you can actually get an nft. You can pay for the pay-per-view. You can pay for the tickets You can pay for the merchandise and you also you can stake it I'm telling you if you do something like that that is a that is a marketing machine. That's pretty tough to beat Watch I'll get the video out soon See like I didn't know like mark says I'm in poland. It's huge. I had no I well, it's because I'm not in poland That's why Ooh, that's not good. Sri Lanka $50 billion. That's gonna really mess up their economy Yeah, so and then Thomas says so now the accredited investor cannot only Make more interest. They're the only ones that can Only ones that make interest you should keep your status to Susan money. So I'm an accredited investor If I wanted to put my paperwork in I could with Celsius, but I'm like why that it's not fair It's not fair that I get it and you don't get it just because what you just haven't hit this threshold yet It's stupid. So like And it's and I talked about this yesterday. You're you're more savvy of investor than you know, it's okay for you to go into sans casino in vegas I think I'm showing my age I'm not even around anymore And you can gamble your life away and they're like, well, sorry you lost it all But don't you invest in any things that's up and coming in technology because that's for accredited investors, son You're not smart enough. That's what they're saying to you That's the truth and it's not true. I don't know what that is Yep And turks says rob is trading crypto and pr tax free. You are a hundred percent, right? I pay zero capital gains so Is that a fault on me? That I do that and there's a video I did I talk about moving to Puerto Rico and how great it is I'm not cheating anybody This these are the laws that I'm giving and I play within the rules And it's the same way I talk about regulation if you give regulation to people I know where things are going and they play by the rules So I'm not in some offshore account. That's just what it is That's just what it is And uh, I don't apologize for it All that three is james All that three is I don't know that guy. He sounds irrelevant and Okay, last question. We got to get out of here What does one do to become an accredited investor? First of all, you have to make 200 or 300 thousand dollars per year Depending especially if you're single or if you're married or if you have a corporation where you make over five million dollars And there's one more criteria So basically you have to make a lot of money to be considered smart and savvy which makes no sense to me the smartest people I know Don't have that much money And that's it Yeah, I appreciate you know, I appreciate you guys. So thanks so much. So look, uh, that's it for today Thanks so much for stopping by appreciate it If you like today's video give it a thumbs up also consider subscribing letting's talk about our time sensitive and also Any reviews of new projects are not on this channel It's on my second channel called called digital asset news or dan d gen There is a link in the description. It just says follow Digital asset news and it has my twitter account in the second youtube channel That's where i'm going to do the deep dive as far as fame MMA. That's it So thanks so much for stopping by. I appreciate it. I'll see you on the next one. Adios