 Questions, yeah, but we'd see that sweet. I actually like a year ago, how long would it take me to get back to even DCAing? Well, in the past month or so, after my first buy being around 57K, I'm at break even, let's go. In Ben's video, he had a good breakdown. He said, if you invested at the very tip top of Bitcoin, November, 2021, and just did, I think he was like 100 bucks a week. It doesn't really matter. 20 bucks a week, 50 bucks a week, same thing. If you invest and just kind of keep riding it out when everybody else quits around you, because that's the whole thing about investing. People are just gonna tell you to quit. You're gonna feel like quitting. Then when you quit, you're gonna feel really crappy when the bull run comes back. And that's just inevitable. Bear markets don't last forever. Neither do bull markets. But at some point, you're gonna hit them. So, but too good for you, man, for sticking around. It's not easy. If it was easy, everybody would do it. Barish, Rob is transitory. That's right. Yeah, I like the QA thing. You know, people say, you know, Rob, you can remove that. It's just, it came with the actual microphone. Actually, the handle, I'm like, I'll get to that. Never did it. Boosie says, yes, try new Ben's DCA tool. It's free. It's right. Link in the description. D-Gen, told me, Rob, it's your biggest investment loss. And what did you take from it? I remember one time in Las Vegas, I thought I, you know, I was doing okay with real estate. And I thought, because I would buy properties and then rent them out for long-term rentals. And I thought, you know, I can do this. I can flip a house. I tried to flip a house one time and it was disaster. And I was like, well, maybe I just had to do it again. I did it again and just, it was a little better, but it was a problem. I probably lost, oh, six figures on that, on those deals. So, yeah, that's one of those things. And now I just, when I talk about real estate, I just talk about really it's like the same thing we do with crypto. We buy and hold and give it to the kids and grandkids and put them in the trust. Short-term rentals and long-term rentals. Yeah. Ah, yes, Jemson. See, that's why I should keep this here. I'll say now it's time for QA and I'll just point to that thing. Let's see. Jemson is Portugal. Everyone makes mistakes. It's what you learn from them or not it counts. It's very true. One of the things that I learned in crypto was to, at some point, things turn around. So, like, right now, like in the NFA live show, it's like, you got Ben and Guy and they're on this side are just going, you know what, we're not gonna buy any of those. And we're gonna, and I don't even think Guy is buying Bitcoin at this point. And Ben's like, yeah, Bitcoin, not that. And at this point I've learned that, you know, if you have a plan, stick to the plan as best you can and then just kind of write it all out. And that's what I'm doing right now. So could things drop off a cliff, like we have historically in the second half of this year be awful? Yes. Might I stop DCAing Bitcoin and alts? No. And that's me against the hedge. I know if I stick around for a long time which isn't that long. 2024 is right on the corner, right? And 2025 is not too far away. I think I'll be just fine. Oh, wow. G. Willis says, like I've been on Reddit in 2019 for saying DCA Doge will beat mutual funds and most traditional investments. Yeah, it's true. Let's see. Yeah. Mark Descharques says very poignantly, everyone who bought Bitcoin for 10 cents lost their assault away too early. Think of it this way, people bought it for like $10, $100, $300. Most of those people sold it or they lost it. The only person that I personally know that that didn't happen to you is Simon Dixon. I mean, he was buying Bitcoin at $3 and that's why he's got a, that's why he lives on Isle of Man. It looks like a, looks like a James Bond villain in his backdrop. I just make fun of him for that. It looks pretty cool though. Woohoo. Ram says, I bought Dogecoin below a cent, sold at 15 cents. I can't say that. D. Gen Tullman says, I wasn't aware of how impressive Doge has been historically, but he pointed neither did I until I had to take a look at it. Cause, you know, we get this narrative and we're like, no, Doge is just for, it's just a joke and just meme coin and it's not going to go anywhere. But I want to look back at it. I'm like, man, that's a 10 years of being in the top 30, roughly 31. A lot of the cryptos that I bought into are nowhere near that. Well, not all of them. Dips before having. Sandra says, so I need to buy a Dogecoin and Litecoin. No, no, no. Dogecoin was, it was just a fork of Litecoin. And that's pretty much it. It's just like Monero being a fork or Bitcoin Cash or Bitcoin SV being forks. Lexi says, Rob, it's your go-to exchanges all on American. So I'm pretty much stuck with Coinbase and Gemini and Kraken. I'm sure there's some other ones, but I mostly just use Coinbase. And that's it. Do you still DCA Crono? Yes. But that's like a once a week thing. There's some that I buy every single day. And I just see you guys know that my portfolio still is 75, I think it's almost 80% now of Bitcoin. 10 to 12% are Ethereum and the rest are the alts. And some of those are Dogecoins I've been freshly buying. So you never know. Poor guy fell for the hex. Well, Mars is a good point. I don't know why, but it feels like this time is different for real. Many people think having is like kind of like a cheat code for wealthy or to get wealthy. This is unhealthy at all. And this is the thing that always concerns me because the last cycle we knew about it, but it wasn't as prevalent when we talked about the having itself. And this time it seems like that's all people talk about. The having, the having, the having. 2024, 2025, 2094. And it's like when everybody knows that's what's gonna happen, you have to really take a step back and think to yourself, if everybody knows that and they are expecting that, who's out there that's gonna screw me over? Because someone's gonna do it. If there's an ability for people to short the market and really they know it's kind of the insider, whatever they have, they'll do it. Look at all the different politicians that are in America. Congress loves to do that. So when I think about this, I'm like, it just concerns me and I can't just sit back and go, okay, well, it's just gonna be 2095. It's a good point. I think there's gonna be a lot of bumpiness along the ways. That's why I gotta really pay attention. Ah, Rebecca's got a great point. When does the SEC make a decision on black rocks and application? There was this, let's see. I can find it. Maybe it's up here. Black rock. How about ETF? There was this form that I had that laid it all out of the timeframe. One second. Almost, almost. Ah, I deleted it. Of course, I don't have it with me. So there's three or four different time points for the SEC to reject or deny. I think for the majority of all the different Bitcoin ETFs, you're looking at March of 2024 is the last time point. But there's like three different time points before that of where they can say, and it says like deadline one, deadline two, which means absolutely nothing as far as I can figure out. And then the last one is March, 2024. So if at that point then they don't approve black rock or any other ones, then they're pretty much all gone. And then we'll see. So a lot of people think it's gonna get approved. I don't know. I don't think so. And I know people will say, well, why do you think that? Because it's just because you just wanna be a contrarian. No, it's because of this. First of all, Gary Gensler, you have to understand where he's coming from. Is it all about money for him? Well, maybe, maybe not. I think more so it's more about power. And when you're in the government position, I know people will say, well, black rock owns the SEC. Perhaps, perhaps they do. But getting back to Gary, he's a Democrat, okay? He's a Democrat and that's fine. I don't care what you are. But when he is there and he's talking to Elizabeth Warren and he's underneath the White House with Joe Biden, what is their agenda? Has their agenda been very positive on crypto and digital assets? Do you really think they want these things to really just take off and be a reserve currency? No, they don't. So when he is there, I think his agenda more so is not about the money and what he can get. I think it's all about power. And if he can bring this to the Biden administration, especially going into the election year, which is next year, and they can kind of stymie that all off, which will also help Elizabeth Warren and her anti-crypto army, that is one part. Another part I think about is this. If black rock's gonna go so heavy into this, it's very out of the timing. Very out of the timing. And then also, what's even out of the timing is that they're actually being investigated right now for some kind of their investments into Chinese businesses. Very out of the timing. So when you take something like that, you have to think about this. Is black rock and all these, just let's just say black rock, for instance, right? Ark is probably a pure one. They really want to have it. Fidelity, of course they want to have it. But with black rock, with their nine or 10 trillion assets under management, is the big money moving into Bitcoin? Or is the big money, say like rebuilding a war-torn country, you know who I'm talking about, and to get those contracts, which could be worth north of a trillion dollars. Because to me, for businesses, if somebody wants something from me, right? For like my sports facility, like, hey, we want to do this job. And it's gonna cost you 60K for a whole new walkway. Okay, well, that's just too much. I'll tell you how about this. Instead of doing that walkway, I'll give you two other jobs for a little bit less, or even a little bit more, but I need these two things done right now. So for black rock, maybe it's like, you know what, if you guys can just do this, just hold off on the ETF, and Gary comes in. We'll give you this thing for whatever you're doing. Because behind the scenes, it's just to me like, again, I have no proof of this that is happening. But to me, it just seems very odd. And another big thing that I can say is, they are so far zero for zero for a spot ETF. And the whole thing they're talking about is that it's manipulated. So if they're gonna say that it's manipulated, well, the futures markets, the futures ETFs are manipulated, so I don't see how they can say that and keep going forward. And again, I think if it would have been approved, I think Gary would have been a little bit more eased into his approval. But so far, he has not been, and all the press conferences he's talked about, he has not been very positive of talking or even hinting at a spot ETF. So again, it's not just because I'm a contrarian, it's because the person that is responsible for approval of that, does not want that to be approved that I can see. I don't see the upside for him to have that approved other than the fact that he could appease BlackRock, but BlackRock can be appeased a whole different ways for a lot more money. That's where I'm coming from. All right, that's the long answer. Wow, Alex said about E-280 bucks sold to $1,400. That's pretty good. That's pretty good. Yeah, Rob is the intuitive, Ben is the chartist. No, I mean, I look at charts just as well. I take a look at historical charts and four year cycles and moving averages as well. And I see where things are going, just like how I saw where things were going in the last bull run, is what I was talking about four year cycles back and when I started my channel in November 2019. It's not like I don't look at these things. I see it. The thing that concerns me is that we have all been there. We've all listened to a chartologist, whoever that is. I'm not just putting out one person. There's a lot of people out there and how many times are they right? How many times are they wrong? Nobody's perfect. So for me, I have to hedge my bet because I can't just believe that everything's gonna go off without a hitch and it's gonna hit this thing. That's why I invest the way I invest. Do you trust Coinbase? No, that's why I take all my crypto off of Coinbase. You should never trust any exchange as well. Rob, you're interested in fractionalized real estate that's coming to Cardano like Go-Key or Empower. I talk to the people in Empower. Good luck to them. As far as like fractionalized real estate, it could work out pretty well. I just, I don't really, actually, that's not true. A real estate investment trust in REIT can do pretty well if you invest into it. The problem with like these types of other parts of these fractionalized shares of real estate is that what real estate is it? And where is it located and who's going to oversee all these operations? With an REIT, it's a little bit different. So I see problems going down the road. I think it's a great thing to do, but you'll see how it all works out. Alex says, are you DCing Bitcoin? Yes. Every day. Jemson says, I used to have a whole portfolio of alts and now I reduce my alcoin to less than a handful. Makes sense. That's funny. Yes, Rob, the only thing I know is about how much grocery they can afford. How do you guys see it out there? Do you see that the prices are going up? I buy the same stuff every day, or every time I go to the store. So it's not like a difference to me. Milk went up a little bit. Eggs are the same. I'm pretty happy about that. Yeah, BlackRock ETF is March, 2024. Exactly. Jerry's, rub with your thoughts on a recession. Small one, big one, not at all. Some people say we're in a recession right now. I don't know. I don't know. I can, if you wanna have a nuanced discussion about it, go watch Jeremy Lin and his channel. He'll have like an economist one day talk about how the recession is inevitable and we're gonna go through it. And then the next day, I'll have another economist say there is no way. We're actually gonna go through a major bull run. So if those guys can't get it right, I have no chance. Let's see. Casper's a scam coin. The favorite, there's the two favorite words in crypto is Bitcoin scam. I mean, not used together, but it's like you can't go a day without hearing about a scam. Thanks. Smash the like bucket button. Skep says BlackRock could destroy Bitcoin through an ETF though. Yeah, I mean, I don't know if they could destroy it. I mean, they could. You could do naked shorting in a spot ETF. Just saying you could do that. The question though, is if BlackRock wants to bring that to their customers, it's usually high quality stuff and they don't want to jeopardize their business for doing some kind of shenanigans. But I mean, look, doesn't stop JP Morgan. So I guess, who knows? Cam's got a great point. The last time the Chicago, the CME futures were launched, I was hoping the price of Bitcoin go up. That's another thing. I'll show you what time frame that was actually. There is this chart and it says ETFs. And it looks like this, oops. So this was, this is all a history of Bitcoin futures. And I don't think I had this link, but I always show what I should probably put it in there. But you can, it's pretty simple. In 2017, when I was around, Bitcoin was just having a massive, massive run in December. And we heard about this CBO, CBOE Bitcoin futures were like, this is awesome. Now the institutions will come in. Well, they did. You know what they did? They shorted the living tar out of it and they essentially stopped the market. Who is that guy? The former, the former head of the, not the former head of the office of the Comptroller of the Currency, Giancarlo. He said, and he's pushing the digital dollar. And he said, yeah, this time he goes, we knew when we had proved this or when we had this going on, we knew the whole point of that was to temper the Bitcoin market. And we did a great job because everybody shorted it and it dropped precipitously. Now, some people will say, well, that has nothing to do with it because it's all about time frame and having events and yeah, okay. I mean, it could, I don't know. But it just, it happened. So that's that. I can't control my reaction or I can't control the event. I can only control my reaction to the event. And then of course, here's more futures ETFs. And you'll notice that it all happens around the top again. 26th of October, 2021. 10th of November, 2021. 19th of October, 2021. This is ProShares, VanEck and Valkyrie. Futures ETF and what happened? Went all the way down. So I know when Gary talks about, but manipulation, you just approve these, man. So I don't get it. And then you got one down here, ProShares short the ETF. They should have done up there, whatever. And then there's 127th of June, volatility shares. This is a leveraged Bitcoin ETF, but okay. So yeah, that's a little quick little down and dirty history of ETFs futures. Doesn't look too great now. Just saying. All right. Bullish on Solana. Yeah, why not? Solana used to be $212. Now we're looking at 20 bucks. Come on. What changed except they were unfortunately associated at the hip with a SPF and FTX. Andy says, Gary's corrupt interest in American democracy. Debatable. Now we'll leave it there. Rob throws something in the swimming pool. No. Because every time I do that, I gotta get it out. It's just a green screen. So don't worry about it. Just a green screen. We're all George. Yeah. March, 2024. Yeah, that's for the Black Rock. But you gotta understand that before then, there's three deadlines. And they already had to refile because they said that there's no way to observe and to be able to figure out there is manipulation going on. Everybody had to change it to, which is funny. Everybody changed it to Coinbase institutional custody, which the SEC is suing Coinbase, not Coinbase institutional custody. It's a different business. Onto the umbrella that is Coinbase. But sure. Rob, if you're all bags run harder than they're born, will that be live changing money? Or are you coming on your Bitcoin to give you most of your gains? Guys, I'll be honest with you. I invest in the crypto. If I make a shitload of money, it's not gonna change anything that I do. It's the same, it's, I've already retired in 2016. And it's, what am I gonna do? Buy another indoor pool green screen. Get another condo in Puerto Rico. Buy another boat. I mean, it's just, for me, it's not gonna change much. It'll be nice or I guess to have it in there. And it's great to have it. But I am blessed that I have my health and my family and I've got enough money to pay the bills. So for me, not really. I think the only thing it'll change is how much I give away to charity. That's pretty much about it. Yeah, they're in the market. Web three says, we never got that FedNow announcement in July. FedNow looks pretty interesting. I'm looking forward to using it quite honestly for my businesses. Because I don't know if you use like Stripe or PayPal integration for your own businesses. They charge a lot. And if I can use FedNow, I definitely will do it. Sorry, it's just the truth. People say that's anti-American. No, it's just a cheaper way to do things. Hey, if Lightning comes out and is able to support my business, I'll switch to them. No problem. That's a good one. The other says, don't trust any exchanges. That's true. That's why I have these rules. I don't know if you've seen these rules underneath me. It's all gone. Meaning everything you invest, just assume that you lost it. That way you won't get all destroyed when you're like, hey, like that guy. Like, hey, I sold my house and I did all those things and I put it into tomato coin. Now it's all gone. Everything's a scam, it's up around the wise. Don't leave anything on exchanges. I mean, you can do a little bit. I mean, that's fine if you got some kind of leverage play. I don't like people to use leverage, but 2X is not gonna crush anybody. Not financial advice, you do whatever you do. And I said, this one, don't use leverage. And I say that for people doing 50X and 25X. That's crazy. And take profits along the way. Somebody did say a very smart thing. I said, nobody, everyone broke taking profits. And someone said, that's not true. They, if you went for, if you sold out for your crypto and put it into Venezuelan, whatever currency it is, you would have been, you would have not had. You would have had a huge issue with that. And I was like, yeah, that's probably true. So I guess we're gonna take profits, make sure you put it into a currency that's not gonna collapse. How about that? Let's see. Why not think about it? It's been a rough couple of weeks. I've been working outside a lot. Mr. Life Crush says, should I DCA today or wait till September? I don't know, but I can tell you where to go to figure out what might be historically good or bad for you. Go to Ben's site, link in the description into the cryptoverse, 10% off the first month. And just put in everyone. You know what'll be fun? How about this? Let's see. Let's take XRP, Cardano, Solana, Polygon. I don't know what this stuff is. Oh, Ave, optimism, I guess. I don't know. Let's do all this. Let's do all this stuff. If we don't invent it, and let's just take 2023, because I don't know if some of this stuff even existed last year. Which one will be the winner? Oh my God. Lump sum of Bitcoin would be the winner, 53%. Although, if you were a dollar cost average, 100 bucks a week in the beginning, you'd be up 36% on XRP. Solana, you'd be up 3%. Bitcoin, Doge would be down 10%. Ave, down, down, OP, Ada, down, Matic, down. That's crazy. So yeah, just do this and see how you would do historically. Another thing I'd like you to look at is this right here. The DCA five examples, let me pull this in. And what I need you to understand is when you're dollar cost averaging, the year that you do it is a huge differentiator. If we're looking at the four year cycles, then 2019 would correspond to this year, 2023, the reset year, right? Or 2015, 2015, 2019, 2023. And the halving year, of course, is 2012, 2016. See right there, 2020 and 2024. So when you dollar cost average, I did this, again, link in the description. I took a look at what you would do if you did dollar cost average of, what was this, 100 bucks a week into Bitcoin. If you did it in 2018, started January 1st, and sold at the top, you'd be up 7X. You would have put in 20,000, go down 146,000. But if you would have waited to a less risky time, the reset year, right? Which would be 2023, back then was 2019. You'd be up 6.5X. So you'd be almost the same amount of ROI, but not as much risk. And if you wait till the halving year, you only get up 4X, and you wait till the bull run, you don't do squat. Okay? They're in the same way. 2018, 16X is pretty good. 2000, next year, you would have actually had less risk and you would have had more of an ROI. Again, I think this is the year to do things in these pre halving years. Cardano was my favorite. Oh man, Cardano. I was buying that at like 3 cents. If you would have gotten in 2018, it was a 35X. 2019, a 39X, it's pretty good. 1026, and then the bull run year, not too good. And I just added this one today or yesterday. And it's just a crazy number. If you would have gone in from 2016 to 2018, if you'd have put in 100 bucks a week in a dogecoin, you'd be up 496,000, and you would have invested 31,000, pretty good. And then of course, if you would have gone from 2018 to the heights of 2021, and the reason why I put Elon's head right there is because on May 10th, somewhere around there, that's when he was on Saturday Night Live, and that's when everything peaked. But if you would have sold it, because to be honest, this is the only time I've done anything like, timed it perfectly. I sold the day of he was on Saturday Night Live. Because I'm like, there's no way it's gonna go up after this. I mean, I'm just gonna take some profits and I sold most of it. I still had some. Because I had been invested, I had bought dogecoin back in 2017. So with doge, if you did that in 2018, all the way to 2021, you would have made up 3.2 million at 176. Again, it's not very fair, because I mean, who does that? Who does that? So yeah, take a look at those three. Okay. Graham says, if you sell 80% of all your Bitcoin, maybe you sell it with CBDC this time. Graham's got a good point. And it was the same point that was made about, nobody ever went broke taking profits. Well, the people that did go broke were the people that took profits and got in the Bolivar or Venezuelan, whatever the currency is, I always forget. So what you really wanna do is this, you always wanna push your money in, not financial advice. This is what I'm trying to do, sorry, is never put it all in just the cash or look, you want some liquidity in the bank, but you also want assets. And some of the greatest assets, and even Michael Saywood talks about this. He's like, you know, he's got a nice house. He goes back in the 1920s when he had it. He said it was, you know, $20,000, which was a lot. He said, but now it's worth millions and millions of dollars. So if you think about it like that, you're like, okay, well, that appreciates. So I don't know what the currency is gonna be in 50 years. I know it's gonna be Bitcoin. I don't know if it's gonna be the dollar or if it's gonna be some kind of CBDC, but she wants some kind of hard assets and the great assets I feel, well, there's many. Your own business, land and real estate. And on top of that, precious metals, gold and silver have done pretty well for thousands of years. So for those, I never wanna just take straight cash, put in the bank and sit it there, especially if you're gonna have over $250,000, you can't do that, FDIC insurance. You gotta move things around or get a very specific bank. So for this one, if you guys are making tons and tons of money, just be aware of that. That maybe you wanna get a real financial advisor, not some guy who's talking to you in a nice green screen. Maybe you wanna say, well, how do I do this the best way for my family moving forward? That's my best advice. Beardy, beardy, that's good. One of my long-term's tenants is moving out today. I can finally raise the rent, any advice, Rob? Yeah, so tenants, if you wanna do, it just depends. Depends on where you're at and what city you're at and things like that. Are you in a place where there's a high amount of traffic? Take a look at AirDNA, AI, instead of Airbnb, AirDNA. AIRDNA, I think it's .io, I always forget. AirDNA.co. And you can take a look at what, if you ever wanna do short-term rentals like Airbnb, you can take a look at what people are charging in your area and how much occupancy they actually have. So if you don't wanna do long-term rentals like that, stop. So, sorry, it's my dog right there. All right. God, Lord, we're over an hour. And I'll leave it like this. John says, Rob, if there's nuclear war and EMP bomb, the only thing that will survive will be EOS. I thought that was the case back in the day. All right, everybody, so that's it for today. We're going over an hour, but I appreciate you sticking with me on a Sunday. So thanks so much for stopping by. I really do appreciate these little chats we have, but that's it for today and I'll see you guys on the next one. Adios.