 Welcome to the Rich TV Live podcast, Stocks and Stacks, episode number 23, and it's another great day today in paradise. So hopefully you're having a great day. I'm having a great day. I hope you're having a great day. Now we are streaming everywhere, and it is a Wednesday. It's a hump day, but it's a great day because Bitcoin is in a bull market. That's right. Bitcoin is in a bull market. I'm going to show you why. We're also in earning seasons in the stock market, so great time for stocks as well. I'll show you why. And I'm just in a good mood because there's a lot of sports going on. There's NBA season started last night, great games last night to start the season. We're in the NHL season now, NFL season is going on, I got my Dallas Cowboys helmet over there, signed Michael Irving helmet, and baseball. We're now in the World Series with baseball. So congratulations to Texas and Arizona for making it to the World Series, which starts on Friday, and you're going to hear about all of this plus more exclusively on the Rich TV Live podcast. We believe we've got the highest capacity on the planet to talk about stocks, crypto, news, and sports, and that's what we're going to do here on this podcast every single day, bringing you the biggest breaking news of the day in the world of stocks, crypto, news, and sports. Now one of the bad things that is happening, obviously, unless you're living under a rock, is there's war happening, raging all over the world. It's brutal. It's actually brutal. So that is one of the negative things that's happening, obviously, unless you've been living under a rock, you're aware of the fact that there is a war in Ukraine. Russia is in the Ukraine right now, and they've been raging in war for well over a year, and that's a really sad situation and doesn't look like it's ending anytime soon. And in addition to that, there's now a war in the Middle East, and there is a war between Israel and Palestinians. Some are calling it the war between Israel and the Hamas, which is a group that is the number one political party in Palestine and in the Gaza. And it's just a raging war that's getting out of control. Thousands have died. I believe the number is 5,700 Palestinians so far, 1,400 Israelis, but the number continues to grow every single day. And then there's casualties from other countries as well, like America. I believe there's 32 Americans that have died, at least five or six Canadians and some casualties in other places all over the world as well. So very, very sad situation happening all over the world. And I blame our leadership for this. I blame our leadership. I think the leadership right now really in Canada and the United States is terrible. I believe that the leadership all over the world is pretty bad because why are we allowing this to happen? Why are we allowing these wars to rage? Why are we allowing our borders to just be open like Swiss cheese where potential... I don't want to use the wrong word, but bad actors could be walking right into our countries and putting us at risk. It's a sad situation. There's a lot of bad things happening, but there are some good things happening too. So we have to figure out a balance in this world, in this crazy world that we live in. And that's what we try to do here on the Rich TV Live podcast. We try to bring you the biggest breaking news every single day. Sometimes it's going to be good. Sometimes it's going to be bad, but I can guarantee you that we'll be here every single day, every step of the way to kind of talk to you about what's going on and hopefully be a place where you can come to when you're looking for news, looking for information, looking for the hottest stocks of the day, looking for the hottest Bitcoin and cryptocurrencies of the day, looking for the biggest breaking news of the day, looking for trending sports. You can count on Rich TV Live to be a place to go to every single day where we will be here bringing you that news every single day. So I am really, really happy about what's happening with Bitcoin. Obviously, I'm a Bitcoin holder. I've been talking about that for quite some time. I've got this big Bitcoin on my desk and I've been talking about Bitcoin for years. And I've been one of the biggest advocates of Bitcoin, even when everyone was talking about Bitcoin going down and what's going on with Bitcoin and what's wrong with Bitcoin, I've been here every step of the way telling you buy up the Bitcoin on the dip because this wasn't going to last. Talking about the fact that Bitcoin is the single greatest investment of our lifetimes, the single greatest investment of this generation. And if you're not in Bitcoin, you're not really giving yourself a chance in this world to benefit from the greatest single investment of our lifetimes. And I think it's a mistake. I think it's a mistake not to be into Bitcoin. I think it's a mistake not to be investing in an asset that's gone from in 14 years, let's say a dollar to where it stands today, just under 35,000 U.S. Do the math. Bitcoin has been the single greatest investment of our lifetimes. And you'd be, in my opinion, missing out large if you weren't investing in Bitcoin. Now, in addition to Bitcoin, I also invest heavily in the stock market. I invest in real estate. I invest in gold. I invest in oil, typically through stocks. And we talk about that here on the Rich TV Live podcast as well. So every day I'm going to be giving you guys all the biggest breaking news of the day in the world of investing, in the world of finance, and I'm a big fan of stocks. I'm a big fan of cryptos. I'm a big fan of dividend stocks. I'm a big fan of real estate. I'm a big fan of oil and gas and gold stocks as well. And I'm a big fan of diversifying your portfolio, because I believe that in a market right now that we're in, that is extremely volatile, that in order to have success, you need to be diversified. If you do not diversify, I don't believe you're giving yourself the best chance to have success. But if you diversify, I believe you give yourself a great chance of having success. All right, so we're just sharing this all over the world. Give me one second here and I'm going to pull up the charts. Okay, so we're also in the middle of earning season, which means that all the top companies in the world are reporting their earnings. They're sharing how much money they're making or losing with the world. And this is a very important time for investors, because earning season is when you can either make it or break it. So let's take a look at what's going on in the market right now. And let's take a look at Bitcoin, which is doing extremely well. All right, we're going to start off with Bitcoin. So if you've been watching the Rich TV Live podcast all year, I've been talking about Bitcoin and you can see I have it charted. So Bitcoin started the year at 16,000. We're now sitting at 34,500. So clearly Bitcoin has done well. It's more than doubled this year. Nothing wrong with doubling your money, right? So Bitcoin's doubled this year. If you've been in Bitcoin, you've doubled your money. Congratulations to anyone that's invested in Bitcoin. You should give yourselves a pat on the back. Give yourself a little bow and I'm really proud of you. I'm happy for you. I'm proud of you. But I honestly think it's going to go higher. There's a lot of catalysts coming that are massive, massive, massive. Mark White says it's also the cultures. Yes, I agree with you. But at the end of the day, in times of war and crisis, we need to figure out a path to peace. And my message to everyone is let's put down the weapons and let's find a path to peace. Because killing each other isn't going to solve anything. And what it does is it makes corporations money. It allows these politicians to gain votes, make money, gain power. But at the end of the day, it's the people that are suffering. So I think we as people need to be smarter and we need to fight back against these regimes who are only using us for their own personal benefit. And you got to do the math. There's like what, close to 8 billion people on the earth? They don't care if we lose a couple thousand. It's simple math. To them, it means nothing because they're not losing their children. They're not losing their friends. They're not losing their family. The politicians that are forcing everyone to go to war right now, they're not losing anything. If anything, they're making money and that's why they're in these wars. Let's be honest. So there's a lot of money that's made in defense, building planes, ships, tanks, guns, weapons. And you have to understand that when you spend billions and trillions of dollars on defense, you have to test your weapons. So going to war is almost like a simulation for a lot of these politicians. They're in another country in a lot of cases, sending their weapons to get tested in other parts of the world. So I don't agree with it and I'll never agree with it. But in times of war, the markets typically do well. And look at Bitcoin. Bitcoin has done extremely well. I've been marking it. You can see it on my chart right now. Bitcoin has more than doubled this year. We're in October. The year's not done. We're in the 10th month of the year and Bitcoin has more than doubled this year. If you've been watching the Rich TV Live podcast, full disclosure. I own Bitcoin. I own Ethereum. I own other cryptos as well. I own Bitcoin miners. I own Bitcoin ETFs. I have a lot of exposure to Bitcoin and I've done extremely well this year because of the fact that when Bitcoin was down, I knew that was the time to buy. That was the time to load up. That was the time to position myself. So last year, I took the entire year and I made sure that I got as much Bitcoin as I could get. As much Ethereum as I could get. This year, I've just been sitting back and watching it grow. Now, what indicators, what catalyst do we have for Bitcoin? I've talked about this in length. I'm going to continue to talk about it. We've got the Bitcoin halving coming in March of next year. That's right around the corner now. We're five months away. I mean, we're right there. We're five months away, 150 days. Bitcoin halving happens. And that's typically a massive catalyst that sends Bitcoin higher. So a lot of this buying is anticipation of the Bitcoin halving. What other catalysts are driving Bitcoin higher? Bitcoin spot ETFs being approved by the Securities and Exchange Commission in America. BlackRock has a Bitcoin spot ETF. Grayscale has a Bitcoin spot ETF. ARP has a Bitcoin spot ETF. They're all looking to get approval. And when they do, they're going to be massive catalysts for Bitcoin because that's going to give the investing public billions of dollars and potentially trillions of dollars. The ability to flow into Bitcoin very easily without having to hold your Bitcoin on a hard wallet, without having to hold your Bitcoin on a ledger, without having to hold your Bitcoin on a crypto exchange. That's big. That's huge. And that's why I believe that these catalysts are real. That's why I believe that these catalysts are happening. And that's why I believe we see Bitcoin today at 34,600, despite the fact that we saw it at 15,000 last year was a great buying opportunity, which I told everyone to buy. 16,000 to start this year. And we're sitting right now at $34,000. So Bitcoin is officially up over 100%. In fact, let's take a look at how much it's up. This is the ruler. Okay. So Bitcoin is currently up 110% on the year. How about it? So Bitcoin is currently up about when we get to 35,000, we'll be up 113%. So we're just under 35,000. We did just hit 35,000 just about half an hour ago, but we're not there right now. We're at 34,600. So I'll have to say that at that price, we're up, let's just say about 110%. Say we're up 110%. 110% this year on Bitcoin. I mean, what's wrong with that, right? Is there anything wrong with making 110% on your money? Absolutely not. And you could have made 110% on your money simply by buying Bitcoin this year. So like I said, full disclosure, I'm not telling you to go and buy Bitcoin. That's not why I'm doing this. I'm telling you to do your own due diligence, your own research and invest in Bitcoin because you understand it, you believe in it, you like it, and you want to be a part of it. That's why you should own Bitcoin. Don't own Bitcoin because I told you to because I own Bitcoin. Obviously I have a conflict of interest. I own it. I also own Ethereum. So clearly I have a conflict of interest. I own it. I'm not telling you to buy it so it takes the price up. I really don't care what you do, but I want you to buy it for yourself so you can benefit from these moves in the market because 110% is 110%. And doubling your money is doubling your money and you could have doubled your money in 10 months this year simply by buying Bitcoin. Now what I want to do is I'm going to show you some Bitcoin investments you can make that will make you money by buying a stock as opposed to actually holding physical Bitcoin. Okay, and we're going to talk about that right here exclusively right now on the Rich TV Live podcast. So some of those stocks that you could have bought that would have done really well for you this year, GBTC. Here's Grayscale Bitcoin Trust. They're also applying for a Bitcoin Spot ETF. They are up 2% today, but they are up well over 100% this year. So let's just see where they started this year. So in January of this year, they're at $9. They're sitting at $26. So had you bought Grayscale Spot ETF this year, you would be up right now 192%. You would have made 192% by buying GBTC. George Bob Tom Charlie. GBTC, one of the top Bitcoin stocks you can own. These guys have close to 700,000 Bitcoin that they own. Massive, massive, massive, massive. So they are literally one of the largest holders of Bitcoin in the world. GBTC is, so if you want to own Bitcoin, I think GBTC is a great way to do it if you want to buy a stock. And clearly have you been buying GBTC this year, you'd be up very, very big because they're doing extremely well. All right, so GBTC, Grayscale, Bitcoin Trust, and I've been marking it all year. You can see it's been climbing all year. I've been talking about it all year, and it's just been going higher. So congratulations to investors that have taken advantage of this investment. Now, another one that I think people can really benefit from is Mara. Mara is one of the largest Bitcoin miners in America, very, very risky, very, very volatile. You can see it goes up and down, but it's one of those Bitcoin miners that when Bitcoin does well, typically Mara also follows. Mara had a big day yesterday. It's going down a little bit today, but I think it's one of those Bitcoin mining stocks that you can ride in times of momentum. So definitely in my opinion, put Mara on your watch list and put it on your radar. All right, another one that is a Bitcoin miner that I think everyone should be aware of is Riot. Riot had a big move this year, came back down, starting to move back up, had a nice day yesterday. Riot and Mara are two of the biggest Bitcoin miners in America. So put Riot, R-I-O-T, Mara, M-A-R-A on your radar and on your watch list. Because if Bitcoin continues to go higher, I expect Riot and Mara will also follow Bitcoin. All right, another major player in Bitcoin is Microstrategies. I don't know if you've heard of Michael Saylor, but Michael Saylor is one of the CEOs. He is the CEO that is leading the charge for Microstrategies. And Microstrategies, as you can see this year, has also done well. We can chart it. And you can see that Microstrategies has clearly gone up this year. And we'll take a look at how much. All right, in January, it was at $160. Today it sits at 435. So Microstrategies is up 165% this year. The symbol is M-S-T-R. I don't know if you heard, but Peter Schiff had a debate with Michael Saylor about what is a better asset, gold or Bitcoin. And Microstrategies CEO, Michael Saylor, has debated gold, bug, gold lover, Peter Schiff. And clearly Microstrategies has come out on top laughing all the way to the bank because Bitcoin has per-deformed much better than gold over the last 14 years. It's not even close. And I believe that the price of Bitcoin is going to skyrocket from here over the next two years. And I believe we're going to see an all-time high in Bitcoin in November of 2025. So I believe we have 25 months to really watch Bitcoin explode. And I believe that there's going to be highs that are going to be astronomical between now and November of 2025. I believe we're going to break all-time highs maybe next year. The all-time high is $69,000 for Bitcoin. I believe we're going to see $100,000 for Bitcoin. And I believe we'll see at least $100,000 for Bitcoin in November of 2025. But many believe that we're going to see it sooner. Many believe we'll see over $100,000 next year. Some believe it'll go to over $200,000. BlackRock and JP Morgan both believe that in this next bull market in the next two years that we'll see Bitcoin go to $200,000 US for one Bitcoin. That would make me very happy as I'm an investor in Bitcoin, obviously. So that would make me really, really happy to see Bitcoin go to those levels. Now, can we guarantee it? Of course not. There's nothing we can do to guarantee it. I don't sit there and hold Bitcoin up. So I can guarantee that we're going to see Bitcoin go to those levels. But what I can guarantee you is I'll be here every step of the way to show you guys what's going on, to mark the charts, tell you what's going on, give you my opinion, and break the news. Yes, Mark, those are correct. GBTC, Riot, Mara, MSTR. So another Bitcoin miner that's a smaller miner but has potential is BTBT, Bit Digital. BTBT, I think it's another one that you need to put on your radar and put on your watch list. I've already sold this this year on this last pump. It's done well, and I decided to take my profits. It's come back down and now starting to make a move. So I think it's another one that you need to put on your radar and put on your watch list, BTBT. All right, BTBT, BTBT. All right, another one that I think that everyone should be aware of is HUT. HUT 8 Mining Corp is another Bitcoin miner that I think has a lot of potential that could explode if the price of Bitcoin continues to go higher. HUT, H-U-T, put on your radar, put on your watch list. All right, so those are my Bitcoin investments that I think everyone should be aware of, that everyone should put on their radar and everyone should put on their watch list. Now, in addition to that, we're in a earning season that is very, very important because this is where all the big stocks are going to be reporting. I'm going to talk about that. I'm going to talk about the results. But first, I want to talk about some of the stocks that are moving today. So the biggest stock of the day right now is ASPA. ASPA is up 133% currently at $29. ASPA, put on your radar, put on your watch list. The biggest mover of the day, ASPA. Thank you, Mark. I really appreciate you, brother. ASPA, I don't know exactly why. It says ABRI SPAC. So it's a SPAC stock. It's skyrocketing on Wednesday. What's going on? So it's a SPAC, probably a new issuer. I'm not going to chase a stock up 133%. That's not what I do. But I think it's important that you put it on your radar, put on your watch list, be aware of it. That's what I do is I look at all the stocks every day. If it's new to me, I add it to my watch list and I watch it. I look for trends. I read the news. I look at the financials. I get to know the company. I get to know the patterns before I buy a stock. I like to know the patterns. I know the patterns. I like to know the patterns. I never rush to buy things. I don't think that's a good way to invest, and it typically doesn't end well. So what I like to do is I like to watch stocks. I like to understand their patterns. I like to see the progress of the company, get to know their financials, get to know the management team, get to know their product, understand their news, and then I try to get in when they're down. If I really like a company, I try to buy it when it's down and I try to sell it when it's up. Really, really simple investing strategy, but it works for me. Same thing with Bitcoin. When Bitcoin was down last year, that's when I was buying it. Same thing with Ethereum. When Ethereum was down last year, that's when I was buying it. And that's my investing strategy. Buy low, sell high. It's worked for Warren Buffett, who is, in my opinion, the greatest investor of our generation, and I believe it'll work for you. If it worked for Warren Buffett, I believe it'll work for you and it'll work for me. I've seen a lot of people try to day trade their way to millions and make money overnight and I've seen a lot of people lose like that. Some people win like that, maybe 5%, but 95% lose like that. So I've taken more of a disciplined, basic approach to investing of, invest in good quality companies, get to know the companies, buy them when they're down, sell them when they're up, take 85% of my portfolio, invest in the biggest assets in the world, invest in dividends, and then take 15% of my portfolio, invest in penny stocks, trending stocks, meme stocks, hot stocks, so penny stocks and small cap cryptos. So I do like risk. I do. I enjoy risk. I like taking chances, but not with all my money. I think that that's insane and I think anyone that does that is very, very risky and I don't want to teach you how to invest like that. It's not how I invest and it's not how I think you should invest. I think it's important to take a smart approach to investing. I think it's important to protect your money, protect your equity at all costs and do everything you can to protect your equity first and then grow its second. And if you think about that and think about protecting your equity first and growing its second, you'll have a lot of success. But I think if you're always thinking about growing your equity and you put your equity at risk, there's a very good chance that you could lose your equity and I've seen it happen to many investors over the years. It has never happened to me and I will never let that happen because I have a very diversified portfolio and I'm investing in the top assets in the world. And when you invest in the top one or two assets in every industry, I think you give yourself a very good chance to have success. But if you're investing in very, very risky assets, then you give yourself some chance for success if you get lucky but if something goes wrong, you can really get hurt and I'm not the type of investor that wants to get hurt. I want to win. I want to win all the time. I'm obviously going to have some bad days along the way but with this investing strategy that I've developed, you will have short-term, mid-term and long-term success which is what I've done this year. I've had a lot of success investing in a year where a lot of investors haven't done well and I think it's because of what happened last year because I learned a lot last year when pretty much everything went down. All the big stocks went down, all the small cap stocks went down all the cryptos went down last year and I learned a lot because I did get hurt last year because I was investing in a lot of risky investments and last year was a huge eye-opener for me because it made me realize that I needed to invest in bigger and better assets, bigger and better companies. So that's why I started investing last year into Apple. I invested into Bitcoin, Ethereum heavily as my top two cryptos. I invested into Amazon, Google. I invested into Tesla. I invested into shop. So I also invested into some other companies that were smaller companies but those are the bigger companies and the bigger names that I invested into and I've had a lot of success. All of them have gone up this year. I've already sold all those stocks and made money and now I'm waiting for them to drop and consequently they're starting to drop and I'm going to show you that because what goes up will come down and as an investor when they're up that's the time to sell. When they're down that's the time to buy and I'm always looking to buy when they're down and sell when they're up and that's really just my investing strategy. But like I said the mistake I made was in 2021 when everything was going up I thought that it was okay to just invest in risky stocks and risky cryptos and I lost in a lot of those investments. So what happened in 2022 when they were all going down is I started taking losses but what I did is I took those losses and then I reinvested in a lot of those winners that I've now sold this year and I've made back a lot of those mistakes. A lot of those losses I've gained back and made money on and turned them into gains because I saw what was going on I saw the writing on the wall and I realized that I had to make a change in the way I was investing because it wasn't going to work and I'm really happy that I did because my strategy's worked and I'm never going to change my strategy moving forward because the attitude of oh it's going to last forever this penny stock's going to go up forever it just doesn't make any sense. So I'll never believe in that strategy again because sometimes when the market goes up and everything's going up you get this belief that it's going to go up forever and it's going to last forever and the reality is that's not the case. That's not the case there are market makers who make markets and there are shorters who short stocks and they look for stocks to short that have gone up a lot so I've learned a lot about that and I've learned to stay away from those types of stocks because you can get really badly hurt. All right I'm just sharing some details on social media we are streaming on multiple devices we really appreciate if you follow us everywhere subscribe we are literally on all platforms streaming right now and then afterwards where we don't stream we will share this video on all the other platforms where we're not streaming so please feel free to subscribe to us if you like these videos like it and if you have any comments please comment on the video as well. So here's another stock that's having a big day today JGGC currently up 80 percent sorry now 74 percent so you can see that this was higher dropped and now made a massive move so not something that I'm going to go and buy just because it's up 80 percent today but definitely want to put on your radar put on your watch list they're having a really nice day JGGC and currently up 78 percent JGGC all right now what else is making a move NVVE is up 57 percent now one of the things I noticed this year in a lot of these charts is when you look at a lot of stocks they've been up much higher like I've told you guys in 2020 2021 a lot of stocks went up and they went up and they didn't make a lot of sense and then what happened in 2022 is they crashed they all kind of look like this they all have this chart most of the small caps have this chart and what happens is when they go down too much and they get shorted too heavily they typically do a dead cap bounce where they'll bounce back and that's kind of what's happening to a lot of these stocks but what I've noticed is they do these dead cap bounce for one day and then the next day they go down so it's not a very good market that I believe in it's not a market that I trust where I can buy one of these stocks and hold it so the only way to really make money in this market buying these stocks is to buy it intraday meaning you buy it today let it run sell it when it's up and then a lot of times they'll go back down a little bit sometimes they go higher but then the next day and you can test this yourself typically the next day you will notice they go down they go down so very very risky to buy and hold these stocks in my opinion so the next one is so that one was NVVE okay NVVE all right and the next one is RSLS look at this similar type of chart notice this similar type of chart they're much higher and comes down gets crushed from $20 to $0.25 so do you want to buy something that was at $25 and now is at $0.25 just because it's having one good day I mean it might it might continue but for the most part what I've seen with a lot of these stocks is they go up and then they come right back down so please be very very careful and be very very cautious RSLS RSLS all right so the next one that is having a big day is BTAI BioXL Therapeutics BTAI you could see made a huge move here pre-market and then has been consolidating sideways for the rest of the day so another one that I think you need to be very cautious of you could see I've been marking these stocks and they're like so volatile so this is another one that was at $30 went down to two bucks from $30 to two bucks like super super risky obviously they had some news today so that's why they're popping but very difficult to trust this when you see it was at $30 and now it's at two bucks now I'm not saying it can't go back to 30 that'd be a great trade but will it go to 30? who knows right so you're taking a big risk it's a big chance there's no guarantee that it will and then if it doesn't and you end up buying this and it goes back down you could get stuck holding the bag so I think you need to be very very careful and proceed with caution with BTAI chart does look good and if it does go back it could be a big winner but I mean look how many of these stocks have been crushed and why would this one be that big winner I mean I've been watching these stocks all year and some of them do go back up but 99% of them don't that's just the way it's been so we're in this tough market environment where some companies have done well but most have struggled and that's the reality a lot of investors are not going to tell you that a lot of stock gurus are not going to tell you that a lot of people won't tell you that but I'm here to tell you the truth and the truth is that small caps have struggled this year as they did last year and there isn't a lot of money going into a lot of these picks because a lot of the money is going into what they call the top seven stocks Nvidia Amazon Google Apple Tesla these are the types of companies that Microsoft Meta these are the types of companies that have done well so you know the money the real money has gone into those stocks and the smaller stocks pretty much everybody else they've been forgotten so that's why a lot of them have gone down a lot and then they'll do like a dead cat bounce for a day on news and then they typically just get shorted right back down the very next day so you need to be very very careful here's TTNP having a nice day up 16% but like I said I don't really trust it here's DKDCA up 24% on the day let's take a look at the one-year chart up and up and down so another one that I think you know put on your radar and put on your watch list up 24% on the day here's PRZO another one up 17% on the day put on your radar put on your watch list so lots of different stocks doing different things but do I really trust it I don't know I'm not going to buy any of these stocks I'm telling you right now and that's the thing is I'm not going to just go and buy a stock just because it's up you know like that I think that that's insane trading and I know there's people who do it but I'm not that guy I'm not going to do it here's HUBC they're up 14% on the day another one that's been very volatile up and down a lot so definitely want to put on your radar and put on your watch list you could see that they have made a big move from 20 cents 71 right now so they are gaining steam and they're a cyber security stock and right now in the world of hacking I think cyber security is really big so I think HUBC actually does look pretty good compared to a lot of other stocks so definitely one I think you need to put on your radar and put on your watch list all right just responding to some other members that are on other platforms and if you guys have any questions feel free to put it in the chats and I'll do my best to answer your questions all right so those are the stocks that I wanted you to look at today that I think are the biggest movers and shakers of the day obviously we looked at Bitcoin as well and what we're going to do is I want to look at some of the companies that have been reporting strong earnings and talk about earning season right now first though I want to look at Ethereum let's take a look at Ethereum so Ethereum is another one of the assets that I own it's my number two crypto that I own behind Bitcoin so my portfolio for crypto just so you know is like 75% Bitcoin 25% Ethereum which takes me to like 100% so like let's say 24% Ethereum and then 1% everything else that's how much Bitcoin in Ethereum I have but mostly Bitcoin 75% Ethereum is like 24% so you could see Ethereum has actually gone from I think it was at 900 but let's just say a thousand to 1790 so Ethereum is up let's say 79% this year done extremely well congratulations to investors on Ethereum as well we've been talking about Ethereum all year as well so very very big fan of Ethereum I'm an owner of Ethereum I'm not telling you to go and buy Ethereum it's not why I'm doing this but if you want to own crypto I think you need to start with Bitcoin in Ethereum Bitcoin has 21 million coins that will ever be mined so it's got a really really tight supply it's one of the reasons why Bitcoin's price is so high and why I'm very bullish on Bitcoin because there isn't enough Bitcoin for everyone in the world to even have one so eventually I believe if you have one Bitcoin you'll be able to own your own digital bank I think that's very very important and same thing with Ethereum Ethereum only has 130 million in supply they have a very tight supply compared to a lot of other crypto so I like the tokenomics of Bitcoin and I like the tokenomics of Ethereum and I think Ethereum is a very good quality coin in the sense that it's the blockchain that all not all but most other coins are creating their coins on so Ethereum is essentially a blockchain where you can go and create a coin using the Ethereum blockchain and then Ethereum benefits from that coin being essentially born on Ethereum kind of like Ethereum is having babies so a lot of the coins that exist in the cryptocurrency ecosystem were built on the Ethereum blockchain so that's why I really like Ethereum I like their use case they are the second largest cryptocurrency in the world as far as market cap behind Bitcoin and there's really nobody even close to either of them as far as market cap Bitcoin is here by far the best and the biggest crypto in the world and then Ethereum is second and then there's a massive drop-off I would say Ripple is third I think if you want to get a smaller crypto and you want to own a crypto that's really fast that could be used by governments in the future could be used as Swift code which would be essentially the new world of wire transactions it's also a very cheap coin to use for transactions I believe that Ripple falls in that category and I think that Ripple would be my third which I also own as well my third most interesting and most favored coin as far as I'm concerned as far as crypto so it's Bitcoin number one Ethereum number two Ripple number three but I only own a little bit of Ripple and the reason is is there's about 500 billion Ripple out there which I'm not a fan of not a fan of the 500 billion Ripple it's too much when you consider Bitcoin has 21 million and Ethereum has 130 million and Ripple has 500 billion it's just too diluted and because of that it creates too much selling pressure there's too much downward pressure on Ripple and it's also centralized which I also don't like I like the fact that Bitcoin is decentralized it's not owned by a government it's not owned by a company nobody knows who owns Bitcoin the owner is they say it's Satoshi Nakamoto but at the end of the day we don't really know who owns Bitcoin they are anonymous and they don't control the price of Bitcoin because even if they own a few million coins they don't control all the other coins that are out there that are essentially that are essentially owned by the public and that's why I believe the price of Bitcoin can absolutely skyrocket and that's why I own Bitcoin and that's why I think you should consider owning Bitcoin too because it is decentralized which means the public owns it and it has massive scaling potential due to the fact that there will only ever be 21 million Bitcoin mined in the entire world and if you have even one Bitcoin I believe that one day you will be able to have your own digital bank especially considering the fact that 95% of the world doesn't own Bitcoin so if 95% of the world doesn't own Bitcoin and you do and right now 5% of the world owns Bitcoin if you have even one there's been many people that have predicted that the price of Bitcoin by 2030 would be worth a million dollars at that point in time you can take your Bitcoin and you can sell a little bit at a time and operate like a digital bank now there's some people that believe going into 2035 2040 that the price of Bitcoin could go as high as 5 or 10 million a coin so obviously that would make me really happy as a holder of Bitcoin and these are the reasons why I believe you should have some exposure to Bitcoin and why I believe that the Bitcoin spot ETFs that are looking to get approval are a big deal because of the fact that there's only 21 million and that will give people the ability to own Bitcoin without actually owning physical Bitcoin they can just dust into the spot ETFs which will be more like a stock and they won't have to worry about having their Bitcoin hacked having their Bitcoin on an exchange or putting it on a ledger hard wallet which could potentially get hacked Coinbase is one of the largest exchanges in the world they're also a good way to buy crypto if you want to own a stock Coinbase is I believe the second largest exchange in the world behind Binance their symbol is coin so that's another stock that I think you should have on your radar and have in your watch list all right so let's talk about earnings season so Tesla just reported the earnings last week they did not report great earnings I still thought the earnings were pretty good but they didn't report great earnings that's why you see Tesla falling but I really believe when Tesla falls that's a buying opportunity Tesla's been an amazing investment over the last few years so and I've personally bought Tesla bought it last year when I was at around 100 and sold it this year made money and I'm waiting for it to get under 200 it's sitting at 213 if it goes below 200 I'll be looking to buy Tesla obviously it goes back to 100 I'll be buyer for sure but if it goes under 200 I'll definitely be a buyer of Tesla and I'll show you why because when you look at this chart here you could see that this level it's at right now like this 213 level it's been a pretty good buy zone when it goes below here so if it gets below this 200 mark and gets to like 150 or even 100 I'll be buying Tesla for sure but I don't want to buy over 200 because it seems as though this is more of a sell zone and if you can get it at 200 or less seems like a decent buy zone so I even want to mark this zone right here where if I can get it at 155 or lower I think that that would be a pretty decent buy for Tesla so I'm just waiting waiting for it to drop further I don't know if it will but if it does that's when I'll be a buyer but I don't want to chase it and buy it too expensive so I'm not going to just go and buy Tesla just to buy it that's not my strategy my strategy is to buy it when it's cheap and if it doesn't go cheap I'm just not going to buy it keep it simple but that's just my strategy all right so let's take a look at some others that just reported Netflix reported last week they reported very very strong very bullish on Netflix but I think the price is too high so I'm not really interested in buying at these prices but if it does dip I'll definitely consider maybe buying Netflix but I'd have to see it get at least under this 350 mark I'm not interested in buying Netflix at 400 bucks Coca-Cola just reported very strong they're doing very well I like Coca-Cola I think it's a good quality company you can see the one-year chart they've been higher they've come down and now they're starting to go up so very bullish on Coca-Cola I think that they've got a great future obviously they're a great company that everybody knows of and I think that the upside for them is massive Microsoft just reported they're looking extremely bullish this is their one-year chart you can see they're clearly climbing they also have a focus on artificial intelligence which I'm very bullish on you can see Microsoft having a very very good strong bullish chart and they just reported and they reported strong so that's very very good news for Microsoft but being the type of investor that doesn't want to buy at the top I'm not really interested in buying Microsoft at $339 so I'm gonna stay away but lovely company and I think it's one of those companies that you should definitely consider buying if you can because they're a quality company I just don't want to buy it at this price it's too high for me to want to buy it all right let's take a look at some others that are reporting Google they just reported yesterday Alphabet Inc and who else is reporting DraftKings just reported Spotify just reported and 3M just reported okay so Google reported I actually thought the report was pretty good you could see Google has been going up Google is one of the companies I told everyone to buy I bought it last year when it was down and it's gone up you could see I charted it I bought it at 80 bucks it went to $140 this year so it's been a good trade for me and I'm waiting for it to go back down and they reported and I thought the report was pretty good but it's dropping so to me this is a buying opportunity do I want to buy Google at $126? probably not not to say it won't go higher from here it could but I'd like to buy Google cheaper considering I bought it at like 80 bucks last year I'd love to get it under $100 so if it gets to like $100 or lower that would be my goal to buy Google at about $100 lower I don't know if it's going to go there but that's where I'd like to buy it because I actually thought that they had a pretty reasonable report DraftKings has been going up they also had a pretty good report they went up yesterday they are going back down today but you could see DraftKings has done extremely well here over the last year you could see DraftKings was at 10 bucks and they've gone as high as over 30 which would put them up over 200% for the year and they're right now trading at about 150% up for the year so been a great trade to DraftKings this year done extremely well people are obviously betting a lot on sports so I think it's a good quality company and if you can get it try to buy it on dips Spotify also had a very strong report you could see Spotify also has been trending up very very bullish so in January it was at $78 now it's sitting at 160 so it's done extremely well and you can see Spotify did have a very very good report had a nice day yesterday pulling back a little bit today but you could see Spotify up 100% this year so a lot of stocks that have come up this year after going down last year Spotify is one of those as well good quality companies that I'd be proud to own I think everyone should want to own these types of companies but they're all up a lot and I'd like to see them drop again like they did last year so we can get in again here's 3M they just had a strong report went up yesterday but now starting to come back down you could see 3M actually is down for the year so definitely one I'd like to own they did have a strong report so I think that's good news so this is the type of company that's actually down that had a good report that's been down all year that I think might be a good buy so these are the types of companies that I would be interested in buying in this environment when most companies that are the good quality companies have gone up I think they're a little bit overpriced I wait for them to come down the good quality companies like 3M that have been down are the ones that I'd be interested in buying right now so I'm definitely watching 3M and I think that they're an interesting company that everyone should be looking at all right so let's take a look at Apple I think when is Apple reporting because Apple is dropping so Apple's another one that I sold this year did really well on bought it at like let's say like 125 sold around 150 it went to like 180, 190 it's come back down now and starting to lower what are they reporting let's see Apple next week let's see the report date is Apple November 2nd so Apple's reporting next week so that's going to be very big for the market we'll be watching that very very closely so Apple is starting to drop right now I think Apple's problem is that they actually been going up despite the fact that their earnings have been going down so it's been very difficult for me to want to buy Apple with their earnings going down and the stock going up that's divergence for me it didn't make a lot of sense as an investor so I've been staying away from Apple but if this can go back under like let's say the 150 zone I'd be interested in buying just because it's such a quality company that's holding so much cash and obviously they're a very innovative company but I'm at the point now where as an investor I want to be very disciplined very picky I don't need to rush to buy anything I'm not desperate done really well this year sitting on a lot of cash and a lot of assets dividends that are going to pay me well so I'll just be patient so that's kind of my attitude right now and I'll wait for these stocks to crash again before I buy them Amazon so another one that I sold this year done really well on Amazon as well and it's starting to drop so you know I bought it last year right here around 80 bucks sold it this year I can't remember exactly what price I sold it at but let's just say like 110 so I did well on Amazon it went higher obviously to 140 I could have done even better but that's okay I don't really bother myself too much about that because I take that money I put into other things that I'm making money on too so Amazon is one that I think has huge upside it's also starting to drop from those higher levels because I thought that they were overpriced a lot of them got overpriced this year and I think that you know now they're starting to drop so my thing is I like to see them drop further now a lot of them are doing pretty strong reports so I don't know if they will draw further but these are the types of companies I think you want to own in your portfolio I just think they're a little high right now I really do I just think that they're really really high could they go higher absolutely but could they go lower absolutely so for me I want to buy a stock when it's on sale and yes Amazon is down 6% right now it's definitely on sale but maybe it goes lower and if I could get this at 100 or lower again that's where I'd like to buy it right because my one of my things is like if I buy a stock and then I sell it and then it keeps going higher I don't want to buy it back higher than what I sold in the same year that just doesn't make any sense and that's essentially what I would be doing if I was to buy Amazon right now which doesn't make sense so I'm not going to do that rather wait for another crash in the market another reset in the market another point of panic in the market which some people would say this is Amazon's down 5% Google's down 9% so big drops right in big companies but I've seen them cheaper I bought them for cheaper just last year so maybe they go back down to those levels that's where I'd be 100% a buyer again and that's kind of what I'm thinking as an investor I don't need to chase anything and I don't really don't want to chase anything I want to be patient and I want to buy good quality companies at the cheapest possible price that's my attitude that's my strategy all right let's quickly take a look at where Bitcoin is before we say goodbye we've been live for almost an hour all right Bitcoin looking strong 34,600 so looking very very bullish let's take a look at the last five days so it's really been bullish over the last five days we look at the last month you can see it's really been bullish over the last month so this is really really bullish price action and right now what's happening with Bitcoin is it's getting resistance at 35,000 so the last time it was getting resistance was at 30,000 we ripped through after a little bit of eating through all that selling pressure we eventually ripped through now we're getting selling pressure at 35,000 it makes sense once we finally ripped through the 35,000 selling pressure we'll probably get selling pressure at 40,000 that makes sense people are selling because the stock is up the crypto's up people are going to sell it which makes sense they're making money they bought it for lower this year they're going to sell it they're going to buy low sell high Bitcoin's up over 100% there's Bitcoin ETFs you could be selling all these other Bitcoin assets and products that are out there in the market and there's soon to be even more so you have to be aware of the fact that if it's getting resistance at 35,000 what it's telling you is there's a lot of people selling at 35,000 nothing wrong with that let them sell if you're a holder like me then let them sell maybe it takes one or two weeks but eventually if those sellers get exhausted we're going to rip right through 35,000 and then we're going to go higher we'll go to 36, 37, 30, and 40 and above so very very exciting time for investing very very exciting time for Bitcoin and hopefully you have some exposure to Bitcoin if you do congratulations all right guys that's what's going on in the markets I'm your host of the most you're a boy rich and rich to be live we've really been evolving as a platform and we are now getting more into news we're getting more into sports we're getting obviously we've always been heavily involved in stocks we've always been heavily involved in crypto so the Rich TV Live podcast is now evolving more into stocks crypto mainly bitcoin but all the other cryptos as well but we love bitcoin the most and ethereum the second most and then everybody else right so stocks bitcoin ethereum crypto news we're going to be constantly talking about all the biggest news of the day and especially these wars that are raging that are definitely brutal and hopefully we can find a resolution sooner rather than later and hopefully we can find a pathway to peace people keep asking me to pick a side why do I got to pick a side I'm not Israeli I'm not Palestinian why do I need to pick a side I'm not going to pick a side I'm picking the side of peace I'm not Ukrainian I'm not Russian I'm not picking a side there either I don't want to pick a side I want to pick the side that is a pathway to peace I don't want innocent civilians dying it doesn't make any sense to me the only people that are winning in times of war are politicians and corporations people are dying and suffering it's sad it breaks my heart we need to find a pathway to peace that's the only thing that I'm concerned about and that's the only side that I'm picking is a pathway to peace okay so I'm not going to pick a side so don't even ask me to it's kind of silly and funny when people are like oh you're so neutral you need to pick a side why why do I got to pick a side don't tell me what to do I won't tell you what to do I will be friends okay sports best time of the year for sports we've got world series baseball we've got NFL NBA season just kicked off we've got NHL this is as good as it gets we've got soccer happening football so everything is happening all at once very very exciting time obviously I'm a Cristiano Ronaldo fan and he is the greatest footballer of all time the most goals ever and for his club and also the most goals ever for his country you cannot debate that he is the greatest striker of all time I know a lot of you love Messi because he won a world cup and he's probably going to win another ball and door this year congratulations to Messi I'm a big fan of his too but being Portuguese I will always be a Ronaldo fan first and his statistics prove that he is the greatest striker ever to play the game because he's got the most goals ever the most goals for his club and his most goals for his country and this is a great time right now for bitcoin and for bitcoin investing and for cryptocurrency so huge fan of bitcoin and I'm a holder of bitcoin full disclosure and remember that Rich TV Live and a Rich TV Live podcast is strictly for information and education purposes please do your due diligence and do your research before you invest in anything we talk about or discuss here on the Rich TV Live podcast and saying that we love to interview CEOs here we love to bring you trending stocks companies that are bigger companies small cap companies penny stocks we also like to interview companies that are small cap companies that are super hyper growth companies if you're a super hyper growth company or a smaller company in Canada the United States or a company on the NASDAQ and you want to get on the Rich TV Live podcast contact us we can talk to you about how you could get on our show we also have shows with guests that we bring on every single week like stocks and stacks and like the Bull and Bear show where we've got guests that are coming on if you'd like to come on our show contact us we can talk about how we can get you on the show we're also in collaboration with other financial news websites where we're doing weekly shows now so stay tuned lots of big things happening here with the Rich TV Live podcast as we continue to grow and evolve and we want to thank you the audience without you none of this is possible all over the world on all the different platforms all over social media we appreciate you guys we love you guys without you guys none of this is possible thank you for watching the Rich TV Live podcast I'm your host Richard D'Souza saying have a nice day go Bitcoin go earning season go stocks let's say no to war let's put down our weapons and let's look for a pathway to peace and let's enjoy the sports season the best sports the best sports season ever right now is the end of October where all the major sports are happening all at the same time and I'll be here every single day every step of the way to break down all the biggest trending news of the day in the world of finance in the world of crypto in the world of bitcoin in the world of in the news world broadcast news and the world of sports thank you for watching if you like these videos we really appreciate it if you subscribe smash the like button comment down below share the video everywhere and also go and join our website it's an ecosystem built by investors foreign investors we're also adding sports and news to it as well so a lot of big things happening we are really evolving and we appreciate you guys none of this would be possible without you guys the fans at home we appreciate you and we love you i'm your host of the most your boy rich from rich tv and the rich tv live podcast saying have a nice day we'll see you soon and remember peace