 Well, there's less that news my name is Rob and today just like the thumbnail and title suggest I think that the markets and To a lesser extent some of us are pretty irrational I'm what I'm talking about is the fear-and-greed index and which is jump right into it because when I take a look at this I Just think to myself like have you ever taken a look at the fear-and-greed index like really looked at it Not like the day-to-day stuff, but just like taking a look and said, you know How is this looking at over time? And of course we can take a look and there's different places you can find this you can find anywhere actually but Of course, there's another good one looking at Bitcoin calm. I'm using Ben's website just because it's looks nicer actually and what I'm talking about today and the things to control our emotions because Everybody's smart enough to invest everybody's smart enough to figure out. Hey, maybe I should sell at some point Maybe I should buy at some point. Maybe I should dump this. Maybe I should add on to this Everybody's smart enough to do it. It's just it's all about emotions and emotionality and the things that are going on What I'm talking about here is let me zoom in here. So this fear-and-greed index First of all today, which is what is today the 7th of January 2023 The fear-and-greed index is 25 if you don't know if you can just take a look at it on a continuum Ah Anything below 25 and below is it called extreme fear quote-unquote, right? And then of course in this area is a little bit of fear neutral greed and extreme greed So over here anything in this red area or as we see over here in this orange area Would just be called fear roughly just a little bit above extreme fear and right now it's at 25 So it's teardring, but I want you to notice something and that is that the price is almost $17,000 yet We're super fearful, which is kind of odd because if you take a look over here in 2020 You can see the price of Bitcoin was $10,000 and we were a Little bit above that as far as fear-and-greed index were in the 39 range So a little bit higher, but then if you see right here, let me zoom in It's funny because now we're at the price Well, we're below the price what we are now and we're we're at a greed stage as of 5th November 2020 if you just take a look at it, you can see that the greed Just kind of gets to us and and we and and we oscillate between greed and extreme greed and look at the prices It's just like well I mean that's just what it is because of course this part makes sense to me This part makes sense. I think it should make sense to you too because I mean we were down the dumps here The price is 11,000 so of course if it jumps at the 15,000 in not a lot of time You probably like meh probably go up forever and that's where everybody thinks I think that too I just had to slap myself in the face and go that's not gonna happen again It's not gonna keep going up forever genius. That's really what happens But as we come through here, we just take a look at extreme greed greed extreme greed And it just kind of goes up and up and up and up and up as the price goes up So now we're at 40,000 January 2021. I want you to notice something Just a little dip in price 38,000 30,000 that's a little bit more You get down to this this this fear stage. They're like, oh my gosh, this is it We're gonna can pitch we're gonna keep going down forever. And then of course 32,999 To 33,500 you go right back up to greed and then of course the problem is with greed and Fear is that you think it'll never go down and of course it goes up and then of course it comes here Look at this price 55,000 40 around 50,000 as well and you go from extreme greed to fear so if you ever want to take a look at the at The psychological aspect of trading. This is it. They're like during this time. I guarantee you I guarantee you 100% That we didn't have a double spend for Bitcoin. There was no hack on The blockchain There was nobody on mass atoshi Nakamoto. No, not that stuff happened and nothing to do with anything It's just because people are irrational markets are irrational and of course we come here So the so the the real thing it comes down to is this is that when I had I had never taken a look at the fear and Index and really just you know really honed in on the numbers and just how and I was just shocked to think to myself This is how people act now. This is not how everybody acts, right? There's some people call it smart money. I don't think it's smart money I think it's just big money big money's out there. They're not that smart. They're not smarter than you I guarantee that Maybe in some things I don't But they're still doing these things like oh, this is just the normal way of things and all they got to do is Just temper tap or my my emotions temper my emotions and I'll be okay again Look at this extreme fear extreme greed and this is the thing once you get up here The thing that screws everybody up is that they're like, oh, it'll never go down. It'll never go down That's what everybody does you have to not financial advice, but when you take a look at this It's time to go against The grain and then I come over here and I'm like this is in 16th of May 2022 The price is 30,000 What the heck happened from here to here? Well, it's because we went all the way up here and then came all the way down here But I had nothing to do with anything it had nothing to do with any fundamentals again Nothing had changed and again just when you're thinking to yourself about should I sell or should I buy? When you take a look at these things, you'll know That the emotion is what is going to screw everything up. So here's my quasi I Can't even call it advice. This is just what I'm doing and you can Implement this into what you want to try to do with your investment strategy or move things around. I can't tell you what to do I'm not a financial advisor. Not your dad. I don't have any Any sway over you whatsoever? Holy smokes when bullets here. I can't believe it. Well now I'm really happy Okay, so back to the show There is a link in the description and there's a couple ways you can play it. So under strategies I've got there's 5% DJ in place. That's if you're just a degenerate gambler The next one is all crypto exits. This is the old one and you can take a look and there's even a video I did on how I was going to structure myself for the last Bull run in 2021. I made that video in 2020 and And It's it's great because when you do these plans and you plan it out for yourself You don't have to deal with the emotion and the nonsense that is going on with with all this over here That you just take out the equation. You go, okay, I'm gonna stick to it now I'm gonna warn you that you're gonna think you're smarter than everybody and I did the same thing. I didn't stick to my plan if I would have stuck to my plan I would have been made out like a bandit and This was just me guessed it. This was just me guessing a essential while using fractals and taking a look at price price appreciation over time and This is what I did. You can find the video, but the next evolution will be this There's a link in the description. I Don't know if you've heard of those websites called Dan teaches crypto. It's 100% free. It's always free and One of those videos I said when and why I'm selling 80% of all my crypto and what I'm looking at is these cycle top callers and cycle bottom callers using a little bit more technical I don't want to say technical analysis, but analysis nonetheless bicycle tops and UPL time and risk bands Mvrvz score to your MA pull multiple and reserve risk and I when I take a look at these I don't I'm not gonna time the top of the bottom, but it doesn't matter I just want to get to 80% that's what I'm doing. You're welcome to look into that and that is it So that is all for this piece and I'm gonna get into a couple of quick stories But that's the big thing like you're all smart enough to figure this out. It's not rocket science It just comes down to can you handle the emotion that goes along with it? And it's tough, especially right now and you're gonna get bored because it's boring But I think over time will be rewarded. Yeah, I'm interesting about that in the comments section and then just real quick. I Thought it was interesting that black rock and they've got like 10 trillion assets under management 10 trillion And they just made Bitcoin eligible don't get excited because it's not it's it's a nice story It's cute. It's adorable, but not that big so black rock Adding Bitcoin is an eligible investment to its flagship global allocation fund One of the most preferred vehicles for ordinary and passive investors. That's me Company filing shows the move enables black rock to allocate part of the funds 15 billion to cash settled Again cash settled Bitcoin futures traded on CFTC community commodity exchange register with the CFTC boring. That's what it is I mean Black rock is a pretty big deal and I'm glad for them. They're getting into it just like Fidelity and the other old-style Investment vehicles and I took a look at black rock the global allocation fund just to be sure the key facts here the size of The funds it actually said it's 18,000 450 7 that's in millions So correct me if I'm wrong here Matt's not my strong point. So if this is in millions we take away the 18s That'd be 457 million if we add an 8 that'd be 8 billion 457 million and if we add an 18 that'd be 18 billion 457 million. That's the size of the fund Apparently so I don't really got 15 billion whatever So that's good news. I think that'll you know be great to you know Buies some buddy's expectations and then also lastly I just want to preface it with the Dick Quince I think will do well in the bear market usually does but of course past performance is not indicative of Future results But pay attention to the protocols the platforms that are building in the bear market because they are going to crush it in The bull so this is an old story. I know this is an old story It's like two days old. Don't tell me in the comments. I got you Polygon paid top Solana projects youths I guess and de gods 3 million to migrate chains So what what polygon then was like, hey, do you want to get off Solana want to jump ship? Here's 3 million bucks and they did it and I didn't really think too much of it and it was verified by Project leader Rohan Vora known as Frank. Okay, and he said yeah, that's what happened So great I was I didn't really think too much the story. I'm like, oh, that's a that's a jerk move But in all honesty, it's inevitable Powerful chains We'll say we're going to pick you up. We're gonna pick you up. We're gonna absorb you We're gonna absorb you the people that have the money That have the clout and the power to do these things are gonna be the big winners And what I'm talking about here is it's the same thing that happens with all the tech companies Look at Facebook. We talked about this before Facebook Granted polygon could create these NFTs and Facebook could create all these companies, but why would they do that? they just like we're gonna just gonna absorb you your developers your community and You're gonna work for us and we're gonna pay you a bunch of money And I said sure and in 2005 when Facebook was not that big But they were spending 100 million then 750 million and 15 billion so on and so forth You think they couldn't make these These platforms like they could have easily made Instagram I can tell you that right now caffeinated mind file transfer service acrylic threadsy anyhow You can just see this just how much they they spend five or twenty billion four and ten billion so on and so forth So when I see these stories, I'm like, oh That's how it that's how it's gonna go. They're just gonna absorb everybody and they're going to make a big run for it So again pay attention to these projects also World mobile token They send out a tweet and they said hey, just so you know, we're in the top 300 As far as coin market cap, which I was like that's pretty cool and and just so everybody's a hundred percent clear I'm super biased on this channel. I don't talk about anything. I don't own I don't see the point of it So let's not be disillusioned to think that Rob is altruistic and talk about things that he owns everything I talk about I own especially world mobile token and Polygon now I talked about Bronco a couple of days ago. I don't know on that but just a fun story But world mobile token You know, that's good that the price action is doing it. I don't like care so much about the price action I was like, what are you guys doing? And of course, here's the network map as a website Wmt scan comm you can take a look at it And of course, this is all about connecting the unconnected not banking the unbanked Connecting the unconnected telecommunications and internet service different parts of the world mostly Africa And you can see the total network consumption I've seen this this number go up from under a terabyte to now almost two and a quarter terabytes More people are using it built on Cardano I think more people will use it as time goes on especially in Africa especially the things you see here about so that's it That's it for today in the stories. Ah, there's one more thing one more thing and we'll get into Q&A So just so you know that the sweat coin again a project that I own They were still doing that sweat coin challenge and of course one through thirty first place gets all this cool stuff Second place gets this cool stuff third place fourth fifth Six or ten eleven through twenty twenty first through thirtieth gets some at least get something Anyhow just to make sure that you're on the list because you can download the app which I put up here Under click here for Andrew to click here for iPhone But some of like the robber I'm already signed up and I did not forget about you So just to make sure that you're on this list. First of all, you can click on this one And the next part is here don't see your name above click here to be out of the competition Where would you find that link great question? It's right here sweat coin January 22 challenge. It's on this website Dan teaches crypto and I'm just giving away a bunch of stuff. I want you guys to Get in shape by walking and I want to incentivize you Give me a boatload of stuff. So let's do this and that's it again If you're not on there, just make sure just click it here. You can check. Oh, let me see how many we have so far All right, why it's just walking is still crushing it. Oh This spreadsheet gets updated every three days. So this is a little bit old But we got a hundred and forty hundred forty one people so far. All right, and that's it So look if I like today's video Thumbs up subscribe all that good stuff now. Let's get into my favorite part, which is the Q&A. So let's jump into it Shall we all right? Yes, my green screen is broke. There's no water in this Dynamic pool background that I have there's a leak in my green screen So yeah, hey Bill bones diesel cane