 Welcome back, we apologize for that time out. Now moving on to our first feature for the day, the largest cryptocurrency in the world, Bitcoin is trading on that immense pressure. One Bitcoin is now worth around them 27,000 US dollars, which almost was around 69,000 dollars in November of 2021. Since then, Bitcoin has been on a downward trajectory and now it almost looks impossible that it will ever recover back to the heights that it witnessed long back in 2021. Well, I have joining me right now certified blockchain architect and Metaverse expert, Rume Dominic. Thanks for joining us on this discussion, Rume. Thank you very much for having me. Okay, the question right now is that should one just invest in Bitcoin or one should just run in mile or have high hopes because right now a lot of things are happening. No one is really understanding what's happening in the crypto vest, specifically with Bitcoin. It is similarly going on there by the day. What exactly is the issue, Rume? Okay. Interesting question you've asked. One of the major stories that I've heard recently and also been able to follow up recently on is a fact that truly we should not actually run from Bitcoin. However, there seems to be a couple of crackdown in terms of regulatory policies in the US. As two of the biggest exchanges in the US, Coinbase and Bitrex, they issued out a statement saying that they might likely leave the US very soon because of the SEC crackdown that has been melted to them. However, let's leave the fundamentals on this and let's be able to focus on the facts on the chat because sometimes the fundamentals tries to play with investors' emotions so that they can actually lose a lot of momentum and interest in the market. The facts in the chat from my last market analysis that was posted this morning is that we take three data points, one in 2015, one in 2019, and one in our current day, 2023. And we saw that from these three data points, Bitcoin, actually from its last all-time high, been able to correct about 85% downwards and start a new bull run. Same thing happened in 2019 and same thing happened from that 2022 when Bitcoin came down to this particular time. Now, Bitcoin is currently headed for an upward trend. And if you notice, Bitcoin has been rising from $15,000 to this particular point of $30,000. It's no more for a market to be able to correct after such an upward trend of over 100%. And the scare that we're all having is not so much of a scare that we should have. I mean, I just mentioned up 80-something percent. We only had about 10% drop in the price of Bitcoin, which is no more for every market. So I think it's something that we should have been expecting from me, given the fact that we have been on a very bull run and a very upward trajectory for this period of time. So it is not a time for investors to be scared. It's a time for them to actually look at facts and data on the charts, just like I pointed out, and be able to take smart investment decisions. Okay, but Ruma, I need to really have a background of this whole drop and decline in Bitcoin, because it actually dates back to 2022. You know what? I remember the fall of the crash of FTX and all of that. But so far, since then, most people have not really been speaking positively as much as they have been speaking of cryptocurrency and of course, the Bitcoin since last year. So what exactly really happened? How come it fell that low? I mean, from what I see here, it actually fell to about $27,000. So what exactly is the situation really? How did we get here? Actually, about one year ago, Bitcoin was at its all-time high. So at Bitcoin at its all-time high, on my chart, like I'm looking at my chart now, my chart is actually showing me that the last time Bitcoin was at its all-time high at $67,000 was about November plus December 2021. And at $67,000, the market had a very high level of euphoria, which means that the market was excited. And if you remember, we're in both of investments, which is one of the greatest investors, is that you should sell when the market is excited and buy when the market is fearful. That particular time at $67,000, the market was extremely excited. And truly, with every currency, there is always a rise and a fall, even with the US dollars, even with the Naira, even with the yen, the pounds. And it is not different from Bitcoin because every currency is based on demand and supply. When you had investors make so much profit from where Bitcoin currently rose from, before it got to that point of $67,000, of course, there would be a lot of people that want to take profit. Now, when that particular market started dropping down, there was a lot of negative sentiment that was actually also attached to it. But then the fact that we had some FTX crash, we also had some political unrest, like in Ukraine, a lot of currency rose and all that. These things, Bitcoin is also related with the traditional market in a way because some of the money that is used to buy Bitcoin comes from fiat currencies. So these things were actually some of the reasons that made Bitcoin to actually decline in that particular manner and obey the normal market movement and had that particular correction. On my chart, if you take, as I'm making out my chart now, if you are to take that particular measurement, Bitcoin also dropped about 80, something percent downwards from where it was at that particular point in time. So it is not something that we should be scared of. It is a normal market correction and we can see that throughout the year, since the beginning of 2020, we had another up-portrait judgment and another market cycle starting. So it is time for people to now look at it and say, yes, I'm a smart investor. I'm going to use only the decision and the fact based on the chart to be able to approach the market this time. Okay, so as it is right now, what does this mean in the next few months? We should not just keep the once money on the road or what things are you going to be given because of course, you only have to buy when the market actually suits you and not when it's so, so, so low as it is. So as it is right now, should investors be keeping their money or should they be looking at other options in the cryptoverse? What just should they be doing? Well, actually, you know, the decision to go digital is a personal decision, even as much as we are pushing for a lot of digitalization in the economy. But right now, should it be a decision to adopt Bitcoin as a form of currency that you want to use over other sources of currency or you want to invest in it as an asset is a personal decision. Just as you are going to invest in stocks and all that, if you look at it and you see that from the current financial state of the world, looking at the fact that there's so much inflation, looking at the fact that there's people that is being said that it wants to be able to move this power and all that. And looking at the fact that Bitcoin as a currency is sound money and can not be manipulated by the government and all of these things. But I'll then say I want to go to invest a chunk of my portfolio, maybe 1% of my portfolio, maybe 10% of my portfolio. Because let's say if you have a 10,000 dollars portfolio and then you invest 1% of that portfolio, that would be like 100 dollars that Bitcoin naturally goes up. Maybe it goes up to 100,000 dollars. Maybe you will have made 300% of your investment right now. But if it drops down, you will just lose about 100 dollars of that investment and still retain about 9,900 dollars of that portfolio. So it's a thing of being able to understand that you can stomach the risk that is involved with these different currencies. I mean there's really no making money without risk involved. But really Bitcoin is actually positioned for a very good medium and long-term from the facts on the charts from what I've seen and from the deeper points that I've actually made mention of earlier. So it is not something that investors should look at coming away from at the moment. It's something that you look at and also getting into the other ecosystem because the market cycle seems money going into Bitcoin first and flowing into these other cryptocurrencies. And you can see that Bitcoin has risen up to about 30,000 dollars, is having that courage and it's going to bounce up again. Thank you so much, Rume, for your time, for all those useful insights that you have given to us concerning what's happening in the cryptoverse. We do appreciate your time. Thank you very much for having me.