 Welcome to digital asset news. Take a top stories and crypto and bring out a bite-sized piece. It's today Just as the thumbnail asks what would happen if traditional equities or stocks just took a big nosedive Would it bring down bitcoin and the entire crypto digital asset market? So we're gonna take a look at what? Bitcoin stocks we're gonna talk about getting ready now through education because that's so important to get that ready right now Before everything hits the fan. We're also going to talk about blockchain gaming and NFT TVs And before we get into that, we're gonna get into the market itself before we get into that Let's take a look at this nifty meme that I put out on Twitter Which is Karen and I did this because it seems like a lot of people They've been asking me in questioning like hey, I heard on Twitter. I heard on YouTube I heard on Instagram. I heard on tiktok that once we get out of 2021 Everybody sells off for taxes and everybody's gonna get everything into a row and they're gonna start 2022 Q1 off with the bang and we're gonna start to see moons and lambos and everything else and it doesn't work like that So right now, I know everybody wants to get rich fast This is not a get rich quick overnight. This is a get rich financially stable over a long time But it's not a get rich quick scheme crypto digital assets the same theories apply And what we really need to do is get everything together So we know what is about to happen by taking a look at not just what's going on to our crypto market But what's going on in the whole macro ecosystem as far as finances? So first, let's take a look at my favorite market, which is Crypto and digital assets. So just so you know right now, we're going sideways It's still 2.2 trillion somewhere around there as far as total market cap. We're down almost the point Bitcoin price is 46 for everything else is down around the board There is a couple of different cryptos that are up. Congratulations. If you're one of those guys But the sentiments as far as sentiment we're using trade the chain link in the description Is still pretty down high. I think people feel like this is going to be a good year But remember, it's not about feelings. It's about data and the things that are actually going on around us So what I like to do is there's a great newsletter I get every day. It's called the daily upside And uh, there's a link in the description. It's a hundred percent free newsletter All they have to do is sign up for that is give you information And what I like to do is just take a look at what exactly is going on So they tell you like super easily. Hey After a blockbuster year, well, here's the three points at a blockbuster year Markets are facing a complicated outlook Nuclear energy is posed to be labeled green and sustainable by the EU They're also taking a look at natural gas that would actually help with our esg problem That some people have with bitcoin and different proof of works and 5g network deployment hits another bottle of turbulence So what's important here is pretty much those first two that we talked about And when I take a look at this and I'm like, okay This is what's going on in a macro environment because we're not in a fishbowl Crypto is not in a fishbowl. We actually have other components and institutional investors are here So here's what's happening markets face a tougher 2022 after last year's record run The s&p 500 has efficiently doubled since new year's 2018 doubled since 2018, which remember Traditional finance equities stocks. They don't double very quickly. It's a very slow growth process So when this happens, it's like a big thing over there. I mean in crypto, we call that a Tuesday We don't really care But here it's a big thing and is it sustainable the first time the index has produced a three-year return of 100% since march 2000 and now as far as last year the s&p hit 70 record highs 2021 70 record highs For the first time every single s&p 500 sector posted double-digit gains In 8 out of 11 rows at a least 20 percent to cap off the year the s&p 500 turned in the best December since 2010 which is kind of interesting because we had kind of a junk December I think we all remember december and crypto. We were hoping for a big bang didn't really happen s&p did pretty well to cap off the year the s&p I already said that early 2022 will likely feature some hawkish pronouncements from the federal reserve fourth quarter earnings reports that underline ballooning inflation and the fed tapering asset purchases so you have to remember right now what is going on in the macro environment is that Traditional finance had a pretty massive run. Can they keep it up? And if they can't keep it up and we see a decline because of the Fed is starting to taper Then they may and they've already talked about this about raising rates interest rates What will happen with the stock market? Well, it'll probably not do as well as 2021 because there's such a monstrous year And if that's the fact and we know that institutional players are here What's going to happen with our market? And I got a little concerned until I took a look at this great article Uh, why portfolio managers will need to look at altcoins in 2022? And actually this goes along in lines with what we talked about yesterday and yesterday's video about hedge fund managers need to get on board With crypto and time is up for them actually and this was written by uh, lorence Louis tin and managing editor and he did a great job here With this opinion piece and just to break this down in the simplest way possible They've got four lines here You got green red black and gold Okay, and then for this right here where it says, uh the black line It's all about correlation and this is the correlation between bitcoin and the s and p 500 for correlations anything that's positive, especially like up to one Means that it is doing the exact same thing So if you have something that's uh very the more positive it gets the more correlated is meaning if bitcoin and s and p 500 We're at a one that means if the s and p went up Bitcoin would go up and now if it was at a zero it means it doesn't really do too much together And if it's at a negative number and the lowest is negative one it means it does the exact opposite So in this case if it was if bitcoin and the s and p 500 was at negative one Then that means that if the s and p went up then bitcoin would go straight down that is negative zero and positive And to get that you can just see here that in the black It's really not as correlated as some might think even me I talk about how there's a little bit more correlation than it used to be and I thought I was a little bit being more correlated But not so much so over the last year the correlation coefficient between bitcoin and s and p 500 peaked at around zero point three one So yes, it is positive But not too much in june the coefficient was negative point zero four meaning there was statistically No relationship between the price of us stocks and bitcoin. So why is this important? Well, this is important just because what I talked about if the stocks start to crash Or they take a pullback Maybe this is the time for some of these players to go, you know what? We knew this was going to come so where do we put our money and bonds have done nothing for us I mean, it's pretty much negative negative yield and if the Crypt and if the stocks aren't doing so much where can we put our types of funds? We can do the us dollar, but I mean there's this thing called inflation. That's just eating everything up alive But there's other other different asset classes looking pretty good Why don't we put it into crypto now? If it was me And this is years ago. I might think about real estate but real estate's on fire and is going up tremendous amounts So I can't even say that you can put your money into traditional Real estate because there's just the price is going up so high So where do you have you got crypto at its paltry 2.23 trillion market cap, which is absolutely nothing So that's just one thing to look at now going forth. It says bitcoin's correlation with gold Uh, the correlation between bitcoin and gold saw its 2021 peak in early january at 0.3 So in actuality, there was a little bit of correlation, which was surprising to me The lowest point was negative 0.18 back in august and it's a measly 0.07 So not really correlated to what's over which makes sense to me. I didn't think it was going to be that well correlated And if the cryptocurrency isn't trading with stocks or gold, surely it's tight with bonds Nope, that line is sticking to zero. So bonds, which I don't know why anybody would get into that these days Especially that uh, traditional 60 40 split 60 stock 40 bonds I think that's dead in the water and then uh, lastly it talks about the upside for a portfolio manager and this is where It's nailed What he's talking about here. This really makes sense the upside For a portfolio manager is that low correlations with other asset classes in the crypto Something that must be at least considered Or a portfolio to boost diversification and we talked about this yesterday And we're going to take a look at another uh topic But they need to start looking at these things because as time goes on What would it hurt to put one to two or even three percent if you're a portfolio manager into crypto It's only pretty much gone up in the top. Well, just take the just take the top two that go into theorem Even though it's volatile has gone up over time. So that's the part where my man here Lawrence nails it. Here's where he gets it wrong The downside is that non stablecoin crypto, even its safest one Is dreadfully volatile so The word dreadfully I think is a little bit of much Lawrence, but There is a a certain Positivity to what he's talking about here or the correct statement. It is volatile, but not dreadfully The volatility Is what gives it its magic because if you don't have too much volatility What can that really do for your portfolio? Yes, it'd be great if we just went up, you know One percent every month and at the end of the month. Hey, we got 12. Sorry in the year we got 12% That's not the that's not the magic with what crypto is. Yes, it is volatile But you're going to get an asymmetrical return Usually in the long run if you pick the right cryptos I can't help you if you're a portfolio manager and you're picking a crypto asset. That's a rank number 1247 I can't help you But if you're sticking within the blue chip cryptos chances are you're doing pretty good So I think the volatility is what gives it those types of magic as far as it's returned And I like to see those types of things and then lastly to finish this up Bitcoin and ether the 90-day correlation coefficient is at a very high 0.8 Even though other trance bitcoins return in 2021 is the matter. So really what we this is just saying what we already know Yes, bitcoin is correlated to pretty much everything as bitcoin goes up. So does everything else But in relation to it, you're going to see some that R exceed bitcoin as it goes up. Solana, ethereum, cardano avalanche I mean those types of plays We've seen just go up polygon maddock. I mean they've they've gone up Exponentially higher than bitcoin because market cap. So that takes care of that little piece and then also just so you know Just to follow this up This is what we talked about yesterday and laurence is right These portfolio managers need to really take a good look at crypto because as a reminder As far as hedge funds portfolio managers hedge funds only three beat the s and p 500 three Send best and paul on srs. All the rest of them were below the 28 percent gain that s and p 500 did last year So if you're an investor, why are you using all these guys? All they're doing is just taking fees from you Just go to just buy into the s and p 500 and that's it because that's all you need to do It's just a hedge. It's just a fund and you don't need these people to tell you anything because you can beat them Just by going into a buy and hold situation. Anyhow, that's what we have for that Let me know what you think about that in the comment section Now let's talk about getting ready right now and when I talk about that You have to understand that for my What I'm trying to do here is the majority I've been doing is I'm dcaing dollar cost averaging in I'm going to dollar cost average out I'm going to take profits and I'm going to stick to my plan Even more so than I did in 2021. I'm going to continue to buy these dips Not just the blue chips. I'm going to get into some very low low cappers because I think there's some really massive Asymmetrical gains and then you can make a lot In as far as in terms of investment, but that's a very small sliver. That's in the gamble and trade section Mostly what I do is just hold on hold on for dear life and just kind of make it make it go that way But to do these things you need to get ready and to do that You need to really know a little bit of like on-chain analysis Me and kiyongju who is the CEO of crypto quant. We're doing this great video where we talked about these five or six different Six as far as on-chain analysis and what to look for and how to read those charts and then also If you're taking a look at like the new projects that are out there Take a look at my second channel digital asset news clips. We've gone from everything from kevin allari's wonderfi to everdome to kinsikishi online and some other different ones that are like the new emerging type of Platforms that are out there that could I think be monstrous gains and lastly if you're looking for just the overall appearance Or overall education just go to dan teaches crypto. It's the thing that spins out of my head constantly It's 100 free. It'll never I'll never charge it. It'll always be free And I'll we go everything over everything from like the basics of crypto Safety because it's not how much you make it's how much you keep how you don't get scammed Investing reviews like all the things that we just talked about is like the different products I put them there also and then uh module five is how do I whatever you think of that you need to do So Link is always in the description, but it's super simple dan teaches crypto.com So check that out And that I think is a big thing as far as like getting ready because on days like this not much to do Just get yourself prepared for the upcoming Year, so let me know anything about that in the comments and let's finish up with two articles that I thought were pretty interesting Blockchain gaming I think is going to be huge And we talked about this at length in this channel if you've got Gamers who are just free to play now. They're saying hey, we're gonna Hey you to play I think they're going to go on that route, but there's a caveat and I'll get to in second so Square onyx president talks in fts metaverse blockchain gaming nearest letter first of all. What is this place? This is uh the company that brought you like final fantasy Some other games that I've never heard of in my life because I'm not I'm not a huge gamer I'll just be honest with you. I'm just an investor. So all's I take a look at is Which place and which investment is the best one for me? Which one has utility? Which one has pretty great teamwork? and if I'm looking at uh Different projects. What's the tokenomics, but I thought it was interesting that Square onyx has been around forever is now talking about nft So how does that work into you as an investor? I'll get to that in a second So to fit to go and get into this This is from the president of uh square onyx He says uh as this abstract concept talking about nfts Begins to say concrete shape in the forms of products and service offerings I'm hoping it'll bring about changes that have a more substantial impact on our business as well And this is a guy. I think who's starting to realize like, you know If this is being asked for maybe we should get into it The president pointed that the company is conducting aggressive research and development efforts and investments in areas that include blockchain gaming and ai Excellent from having fun to earning to contributing a wide variety of motivations will inspire people to engage with games And connect with one another. It's a blockchain based tokens that will enable this by designing Viable token economies into our games. We will enable self-sustaining game growth and that sounds pretty great I mean right there. I'm like, well, that sounds very positive. However, you have to remember To get the traditional gamer over from one format Gamers are just like the rest of us They they like a little bit of change but not crazy change and there's a dichotomy going on and I can see it and I can understand why So what it says here? To finish up the inclusion of these new elements in traditional gaming has been received negatively thus far by gamers Gsc game rolled a small company had to recently abandon its intention of including nft of elements in stock or two And ubisoft another leading developer major game developer Faced a similar problem when the when the reveal of its nft marketplace courts Received 95 negative reactions on youtube and I get where they're coming from because these traditional gaming companies They have been squeezing The the funds out of their gamers for a very long time The games cost quite a bit of money For some of them But if you're playing like the like the free to play it's not so much that cost that doesn't cost money at all but To buy things within the game to buy skins and to buy weapons before you know it A game that may have cost 40 50 bucks Just cost you 300 400 dollars that you just poured into it for all these different Add-ons that you can't take anywhere that you can only play in this one specific game So when you've got games where you've already had to pay for it And now they're going hey, we're doing this great nfts Now I get why the gamers are like we hate you Because you're screwing us because we just bought this game And now we got a bay for all these power ups and if we don't pay for these power ups Then of course i'm going to get slaughtered in this game. That's not fun for anybody So I don't want to do that. I think These traditional gaming platforms are going to have a real problem Convincing these gamers that nfts is the way to do it. I think To get away from that stigma These new version of games, I mean you'll have like big time and the sandbox and all these different cornucopia is You'll have these different uh place Places go, you know what are you know ginsokishi never done? We're not like those guys We started off with free to play and nfts and we're going to give you these tokens and you can actually earn Earn to play and there's no real There's there's no rug pull or anything like that just come in here and play and we'll make this whole ecosystem. So I think These traditional game platforms are going to have problems. Anyhow, maybe we should think about that in the comments and then uh, lastly This one is crazy I never saw this coming, but here we are samsung The uh pretty big, uh south korea company says they're going to announce nft platform for smart tv's South korean tech giant samsung building smart tv lineup Uh, which is going to be micro led neo q led and the frame We'll have an nft platform app that can be used for discovering Purchasing and trading digital artwork and they stay with demand for nfts in the rise The need for a solution of today's fragment of viewing and purchasing landscape has never been greater I thought that was interesting that these guys are getting that big into nfts The upcoming platform will enable viewers to browse and also trade nfts without leaving the couch Which i mean you can do that anyhow with your film or whatever It's unclear exactly which nft platforms or marketplaces will be included for aggregation But uh, this has been actively investing or see me, uh, samsung has been actively investing in nft and metaverse projects Through its venture capitalist arms samsung next and the firm participated in an investment round for a metaverse Gaming platform and I was thinking myself and like well, that's interesting. How big are they getting into it? Well, if we take a look at samsung, there's a website called samsung.com Ford slash global Ford slash galaxy they have their own wallet Their own samsung blockchain simple and trust proven, but it's mostly it's a wallet They say it's their their blockchain, but I didn't see anything about the blockchain itself Just wallets and now you can do all these things and you can use daps and There's the central land right there and all the different games and so yeah, okay Keep private gotcha and then also They also have a Uh blockchain phone samsung makes it easier to use blockchain and galaxy devices With support for other hardware wallets. This is on may 13th. So they're really into crypto samsung And then also if you haven't noticed Theta one of my holds. Yes, I'm biased if you scroll down here and talk about uh enterprise value their nodes Well, there's sony google and there's samsung so When we kind of try to put the dots together That's where you want to start to think to yourself is like, where is the hockey puck going? And if you're really thinking about well, I don't really know where to get into it If you just go to coin gecko and you click on Categories When you click on categories, it breaks it all down into smart contract platforms You have the salon of the ethereum is the cardon was the avalanche or something like that polygons avalanche Blah blah blah blah and there's one called non fungible tokens and if you click on that It'll tell you like all the non fungible token platforms. So axi is the game sandbox shirt. There's theta network There is the central land engine coin. I think it'll be a pretty good play. I hold that myself. So that's why wax I don't hold that but I know Wax is great for minting nfts That's like super cheap and a lot of big big players are using it Audius is for uh nfts as far as like uh music So you can just take your pick and start to do your own research And that's why it's important to really get into these To either research that you can do and get yourself prepared now and lastly, I just want to leave you with this I tweeted this out because people are they were getting kind of ticked off at the whale situation people getting dumped on Oh poor as me. What was me? They're dumping on me and um, I sucks. It's true But I just said very simply If you dollar cost average in you buy the dip and dollar cost average out by taking profits When the price is climbing and not getting too greedy What difference does it make when whales what whales do if they dump or pump? You could just piggyback off of what they do and have a symbiotic financial relationship So you're never a victim. So that's investment advice from me I can't give you investment advice my investment advisor, but that's just the things that I do Dollar cost average in dollar cost average out. It's a profits along the way I don't allow myself to be too emotional. It was a little emotion in uh investing But that's it for today. Look, I know it was long So many things are going on right now But um, look he found a little value in the video. Give it a thumbs up I'll consider subscribing as we talk about and on this channel are time sensitive, especially what's going on right now So thanks so much for watching. I appreciate it and I'll see you on the next one