 Now if you want to stick around we'll do a little Q&A and answer all your questions the best of my abilities and go from there So what do we have in the comments? This is a good one Jage bassoon says yeah, it sucks the move up from 39k was explosive. I'm hoping for a pullback to lump some apart Yeah, it's hard. It's hard to actually time it. What are you gonna do? Oh It's a good question Where dogs drive. Hello. Hello, Rob with all the big money coming in. Do you think we're going to actually have the The drawdowns bear market afterwards like before Some people are gonna say no some people say it's gonna be a supercycle and it's gonna go on just like if you take a look at the gold ETF and I'll just show you and how it actually worked. It was really like a it was a supercycle. Let me see Oh, what did there we go watch this and gold you can see didn't really do too much Actually was actually didn't do too bad since the mid 90s kind of just move sideways and Then it you know, 2000. Well, maybe those issue with the dot-com issues. So then we went up 2003 I mean somewhat I mean wars of course Saudi Arabia and stuff like that Iraq so there's a little bit uncertainty around that time and then 2001 9-11 But here November 2004 is when the gold ETF launched and you can see that on this price point What did it do? Because these are monthly candles You can see it's quite interesting actually the first month that launched it great then the next month it actually went down third month it went down even more Green part some TA people can tell me that's a doji. I don't know what that is and then of course it kind of moves sideways until Yeah, until late 2005 and then we it's it found its footing as Kramer likes to say and then just went up and up But then look at this It had a little bit of a drawdown of one two three four five six And kind of seventh month, but again, then a little bit sideways picked up went down Picked up and up and then over here, but this was during what happened in 2008 2009 that was the great recession and of course people were looking for a little bit of assurance And they wanted to get out of the traditional markets because traditional markets screwed them And what was it? What was there for him gold? And of course they rode that all the way up Congratulations, and then over here not so great, but yeah, whatever, but yeah So to answer your question, do I think it go up? I think it could do I think it's a supercycle? No, I don't I know some people will say You're crazy. It's gonna keep going up forever. Here's a here's a question I have for everybody the people that get in the ETFs. Do you think they really believe in the principles of Bitcoin and Decentralization and of course everything that it stands for and it's the hardest asset out there and that's of course, it's finite and Just how great it actually is especially as a hedge against inflation and gold 2.0 Or do you think they just interested in that number go up? I Think that most of them are just number go up and they're really happy with that and they'll still sell a little bit But I could be wrong. I think it's still gonna it's still going to move us in the right direction I think 20-1 4 is gonna be a massive year. So we'll see But that's why like everything I just told you how many times of have I been wrong plenty So since I don't know everything I don't claim to When I get out and I start selling things just like how I got into this market, which has been since 2022 I've been delicose average in 2022 I kind of screwed up a little bit as I did this thing called micro DC aing for like four or five months More on but then I went right back to dollar cost averaging in 2023 Now here on 2024. It's actually worked out pretty well But as we get into it as I've gotten into the market I will get out of the market I will I will get in as far as dollar cost averaging I will get out of dollar cost averaging Once I hit specific markers the link in the description you can watch the video one of my cell a percent But I'll always still have that 20% hodl bag And if I am wrong and there is a supercycle and it goes to 500,000 700,000 I think we'll all be happy if we keep a little hodl bag with us All right, what? Robbing thoughts on world coin getting a surprise ETF if you're asking me about ETFs, there's another one I was wrong on I didn't think we were actually get this ETF for Bitcoin Because I've been saying this is 20. I've been saying this thing since 2019 We're not gonna get an ETF and it was true in 2019 2020 2021 where everybody said I was crazy 2022 2023 and yeah, I was wrong 2024 So ETFs, I think it's more plausible that we'll have an Ethereum ETF Louise says, are you expecting a post or pre-having correction on Bitcoin? the last the last time that we had The last having was May 11 2020 and We had a major correction in March of 2020 and the reason for that correction It was nothing to do with Bitcoin. It had nothing to do with macro factors. It had everything to do with The Surveys of sickness the corona virus so And if we take a look back into 2016 It actually was just fine. It was moving around just fine kind of flattened out We're a little bit into it Maybe take a little bit of a tiny dip and then just shot off the moon in 2017 and beyond So I don't see anything slowing down unless something crazy happens in the macro environment But even the traditional economists are saying soft landing. Yeah, we'll see but it looks reasonable I don't expect it to happen. But boy, I sure would like it to Ah Airsoft plays it Rob your investments remind me of the quote seems to vanish like a gambler's lucky streak to steal Irving Berlin's Fred Astaire And you know, I'm this market is a gambler's paradise it is because It's tough to lose. It's tough to lose when you don't take it's It's actually easy to lose when you don't take profits. It's tough to lose because I Know some people will say that the market's moved by utility and just how greater project is I think markets are moved by speculation hype and that's pretty much it. Sorry I Love Ada if they're large is holding nothing wrong with Ada. Nothing wrong with Solana. Nothing wrong with Ethereum except for those crazy fees It doesn't matter it'll just keep going up. That's a good plan There's a lot of said degen Yeah, that's a good question Rob, what are the super cycle is turning early and finishing around the previous cycle time frames? Something to think about that's for sure. I don't know. We'll see what happens You know, we'll start to see I don't know we'll see what the What the indicators of course right now? We're in extreme greed. So take that as you will Joe Nash very good Thanks, I feel flattered. I appreciate that finally Joe Nash comes out tells me his real feelings. Let's see Mark says I'm done Unsum gladly great. See you Sorry, I couldn't make you happy, but that's a recipe for disaster. Let's see Although I'm 30 and old-purpose Bitcoin ETF for tax-free purpose in Canada. Congratulations Otherwise, I wouldn't hold ETS. Yeah, I guess that's a something How does that work out for you as far as an ETF in Canada and as a workout for long-term capital gains here in America? You know, if we hold everything if we hold our crypto over 12 months, we get a nice reduction of only paying 20 percent of capital gains Germany and Portugal apparently you guys get like zero So congratulations. I wonder how that works in Canada. I'm very interested in that one I Man, I wish I bought during that huge crash. Everybody says that too. Yeah, it's okay. Look everybody Everybody who's here right now You did everything you're supposed to do right? Did you buy in in the crazy bear market? Even if it was like 10 bucks like we talked about you did your job So you did the best you could do and that's it and all you gotta do is just move on Ivan says Robby think having will shoot up Bitcoin dominance. It looks to be that way. I'll make Ben happy as for sure So, let's see. We're probably at 55% Probably probably Actually, let's see Let's steal all Ben's information. I don't think you'll mind. Let's see so Dominance Look at that nice shark. So Let's see Hey, hey, hey 52% that's not Bitcoin was at 53.71 percent dominance of 20th February now it has dropped to 52% and that is without Stable coins just so everybody knows I think it go up I'm not sure I would like to point out to some people Look at this my big question is Is it Bitcoin or the Bitcoin ecosystem? Have you We haven't talked about stacks But look at this for this little mover Over one year you're at 216 percent stacks is essentially a layer two solution built on Bitcoin It's been around for quite some time. I remember when it was part of Mayor Suarez in the Miami coin and Maybe stuff like this and ordinals kind of eat into Bitcoin and there's a host of other layer two solutions being put on top of Bitcoin Maybe people who are savvy. They think themselves. Well Bitcoin did well and Layer twos do well one way is getting to layer twos. Maybe that'll kind of take it away But as far as like dominance, I Don't know But I do know that usually after the having is when we start to see alt coins move And if you think we've moved some with alts, you haven't seen anything yet Not sure. I'll stick to 55% actually no, no, I should I should say I'm gonna give you a range Bitcoin dominance will be between somewhere between 32% and 75% nailed it. I Think I'm gonna gonna crush that one question Alvara. I've never used uniswap Can you list the steps why I need to follow to access a much fourth fantastic question and I have something for you There's this great website. It's Dan teaches crypto and it's 100% free. It's always free It's all the best things that I can possibly do to educate you guys is the best way I possibly can and The website is link in the description. There's a video specifically for how to use uniswap if you are like I don't want to sign up for your junk free website Rob. I don't like you which is fine. It hurts But that's fine. You can go to Dan D gen and I can show you the same thing decentralized exchange quick and easy guy for 2024 metamask uniswap setup. So Well, off that would be for you and I make it as easy as I possibly can because I know it's frustrating and difficult Rob This is funny. Why does Ben's chart on total crypto market cap? You showed show a a bound of 20 trillion when Ben thinks it will go to 10 trillion shouldn't the model adjust to fit I'd ask them myself what he blocked me. Well, Ben hasn't blocked me yet. I'll ask When I see him next that's good. Hey Rob, what do you think about black rock owning all Bitcoin mining companies? I only they own all of them, but they have stakes in them And I don't know if they are the controlling members of the board and they have so much stock They're 51% they can change everything. So that would be the big question. They could force a fork This is one of those one of those thought processes that we had beforehand. They said look, we're gonna fork Bitcoin We're gonna make it Black rock Bitcoin extraordinary and we're gonna increase the limits to from 21 million to 200 billion Bitcoin and we're gonna, you know shove it down everybody's throat and we're gonna make a whole new Market so first of all out of all the Bitcoin forks Bitcoin cash Bitcoin SV Bitcoin diamond Bitcoin gold Bitcoin tomato whatever is out there every single one of them kept one thing in place 21 million for the finance supply So I don't see them actually doing that now if black rock does that does something a little wacky It would take a lot to actually do that But I will it is something to think about because they have over 4% of The Bitcoin circulating supply and I know they're catching up with micro strategy. Oh, excuse me. That's not black rock No, let me let me rephrase that all ETFs have 4% and Black rock is catching up to micro strategy. So that'll be interesting to see where it goes I don't think it'll happen, but hey anything's possible We will see Rob, how much will it go in this bull run great question? So I'm gonna say it's gonna be between somewhere between $10 and $25,000 somewhere in that range is where where a theorem will go. Hey, would you like to look at the? That's a lame answer. Would you like to look at the risk bands? We can do that All right, so let's see risk bands Actually, it's a And dashboard So wrist bands are great. It kind of gives you a Range Rangers are good and it kind of just gives you a little bit of leeway. So we're looking at here is when there's no risk Essentially almost that would be zero point zero zero which would give you a price tag of $328 for a theorem which wouldn't that be awesome? I remember back in 2017 buying or 20 not 2017 2018 buying if they're around a hundred bucks Those are good days because everybody thought it was trash And Whatever and here we are but if we go through this We can see At the risk levels Actually, it's pretty high at 0.7. Wow. It's even higher than Bitcoin. It's at 0.718 at 33,000 430. Wow The theorem is doing pretty well So to see where it could potentially go and of course this could move based on time frames But at one point zero zero zero which would be the riskiest Ethereum would be for prior data. You look at the price tag of 8,640 so I guess to answer your question Ethereum could be between three and twenty eight dollars and 8,640 I'm going to increase that to twenty thousand dollars So if they're gonna be between three hundred bucks and twenty thousand dollars, but that's what the risk factors say There's a host of other things look at but yes Cardonzo Why is it suck a high-cost move crypto to tangent this is the problem that we have to face when we Want to store a crypto? Unfortunately, so if you're going for the tangent wallet and you're moving just straight up a theorem it sucks It's not that bad though Somebody told me a lot of people told me actually is wait for the weekends, especially at night and those Ethereum fees go down And if you look at ERC 20 tokens those as well Some people will say also try to switch those over into layer 2 solutions and move those because there's it's very cheap That's just where we're at. So and if those are our centralized exchanges usually get like Coinbase does actually pretty reasonable rates I think There's a man, what's up? Probably do another meetup this week another me Here in Puerto Rico Might be crypto. What did I miss? Bitcoin's gonna go up there. Well, would you mind sharing what you do see a daily Bitcoin? I Still dollar-cost average Bitcoin. I did a lump sum. We did a video a couple of weeks ago Maybe three and we talked about lump summing We got into a good amount of funds from selling a condo here in Puerto Rico one of our places and we lump summed some of it and Worked out pretty well. Who knows tomorrow. Maybe maybe Bitcoin goes to zero. I don't know Eight or eight a dollar in Canada Forest says Robbie invest in Solana. Yes, I'm missing a lot of things Louise says if Bitcoin diamonds goes up, we'll all simply fly and out or take a big dip Unless we have It's a boatload of money that comes in I don't think No, no, no, I I mean look Bitcoin dominance has been going up and the alts and some alts some alts Will do well, but not all alts will go up simultaneously You're always gonna have that one outperformer, right? You're always gonna have that Pepe coin You're always going to have the doge coin go up 50% in a day Just how it is just because the Bitcoin dominance goes up Remember there's a lot of money sloshing into Bitcoin But there's also people that are front-running those people and they're saying, you know what I want to do I I'm going to get a dollar-cost average into alts because I know that these will do well because if you have a market cap of say 50 million it's a lot easier to double up on that or triple or quadruple than say, I don't know a hundred billion 200 billion just one of those things so no, I think some alts will do well But over time all Almost all alts will do great in the bull run because it doesn't matter. It's all hype and Speculation yeah, Lee says Let translated cycle my a this is an ETF cycle with huge money flows And only the crypto community has even realized how much money is coming. I don't think we can predict the price exactly Sounds good to me Let's see. We have a what Adam says we have a tax-free savings counter TSFA. Oh, it's very nice You get approximately eight grand contribution room a year starting at 18 years old. This is Canada, right? That's pretty good Like we have Roth IRAs here in the United States and Unfortunately, it depends on tax or pre-tax dollars There's additional IRAs. There's Roth IRAs. There's SEP It just depends and of course, that's why I use high-trust capital Been using them for three years now They work up pretty well if you'd like to figure or find out about that links in the description I do a deep dive video and also just so you know April 15th is your last Date to be able to contribute to your IRA for 2023 So and then I don't know how much Bitcoin's gonna be in a on April 15th. I have no idea So just be aware you can only $7,000 or $8,000 depending on your age Dan's a good dude for right now. Remember What do I talk about? About taking profits. Somebody somebody said this yesterday. They go Rob Don't say you're gonna dump on us. That seems kind of mean you should be a little bit more nice to your to your audience. No no, no, no, I have to You have to be treated like this you have to be be should be told that you know the honest truth Which is I will dump on each and every one of you if I get the opportunity So what you need to do is take profits and dump on me before I dump on you So just remember that when you think yourself hmm bitcoins at a million dollars or a theorem is that $8,700 should I take a 2% off the table 5% who would dump on me? Oh, yeah, Rob will so Hmm. Yeah, it's still up ready to go Mollett says he feels a number come down people will say what about Dan Coon the Dan Coon upgrade. That's for layer twos Andy is just like me. I'm gonna sell way too early Andy. It's okay You're in good company with the Rothschilds, right there in Rothschild. What do we say? I made all my money by selling too soon and never buying the absolute lows Hmm quantum leap at what age did you find the right woman for yourself, Rob? My 20s. I got lucky Man with my wife over 20 years And if you want to talk about the best investment, that's your best investment the right partner if you pick the wrong partner It's it's a pretty crappy life That's what it comes down to some had a pretty good pretty good statement. They said can a woman make a man a Billionaire and someone said yes Or no, this sorry can Can a significant other? Make you a millionaire and someone said yes, if you're a billionaire And it kind of goes to show you that if you pick the right person life is pretty great. You pick the wrong person It's really sucks the life out of you. So I'm pretty good And look at me. I'm 72 years old. No, I'm scared. All right, everybody. So I think that's it Meme says it right. I feel it's an answer. Remember one of these was $300. Look, that's it for today So I'm gonna take off go to the beach. It's a beautiful day here in Puerto Rico And that is it for this session like today's video give a thumbs up consider subscribing when we talk about his time sensitive tomorrow. We'll have Sam my financial friend will be on and I'm gonna talk to him about what his big altcoin plays are And I'm gonna get a little quick report from Jerry Hall who was at the AI conference in Panama And we're gonna talk about the things that he saw and maybe some tokens that's That are hot on his list. That's it for today. Everybody. Thanks so much for stopping by especially on a Saturday I appreciate you and I'll see you on the next one. Have a good evening or night or day