 Welcome to Digital Asset News, the guitar stories and cryptocurrency and digital assets, and back up down to bite-sized pieces. Today, that's some pretty positive news, despite what's going on in the market. So first up, looks like there is a little bit of hoarding of Bitcoin going on as more and more institutions and people are taking Bitcoin into cold storage. On top of that, we're going to take a look at a little question that we have to answer as far as US citizens for a taxing where we can actually say, no, we have not acquired any virtual currencies. And then we're going to talk about sticking to your plan. And finally, there's a nice new survey out that says that pretty much people don't know what the heck they're buying. So we'll take a look at all those things. But first, let's take a look what's going on in the market. So today, it is March 4th, 11 a.m. Houston, Texas time and a beautiful day here. Things like 70 degrees can't beat this weather. Love it. So let's take a look at what we have as far as the market goes. So looks like we are at Bitcoin, again, below 50,000. So we're going to take a look at an article where talks about people just 40, but it doesn't really look that is what is going on. But I think I have a solution. Ethereum is down to 1590 again, way down below its $2,000 mark. But hey, it's gone up a whopping 0.94% in the last hour. So watch out. Binance going down 2% over 24 hours. Cardano down again, 7%. And you have to remember, like I always talk about, has anything fundamentally changed of any of these tokens? It is all the same thing, just people selling and taking profit. So not financial advice, but this is a good time to stock up on some little bit of a minor flash. Polkadot down 3%. 8% for, hey, 8% for XRP. Watch out. Good for them. Congratulations, XRP holders. You are in the green almost at 50 cents. Pretty good, especially with the SEC bearing down and then beating them to a pulp with what's going on there. Uniswap up 13%. I like to hear about that, which is amazing because the fees are outrageous. But what are you going to do? And then Theta is moving into the top 15. And we covered this yesterday. Sony, they are doing a new validator. They're part of the validator nodes. And now they have Sony, they have connections with YouTube, Gumi, all these great, huge companies. And again, I think Theta is going to be a sleeping giant for what it is. I always think Cardano is going to be a sleeping giant, but here we are. So that's really what's going on in the top 20. I'm sure there's some great things like the chain of 10%. I think it was a new partnership that was announced. I think there always is, but that's what's going on. Kusama 0.68. Anything great? That's pretty much the big stuff. Let's just take a look at some quick sentiment analysis to see what could go up in the next hour or so. And Chili's, hey, that's crazy. Chili's, we're just talking about this. I had on Alex Fossel from Swissborg. And it was one of the tokens that they actually have on Swissborg. I think Swissborg is the next Voyager. You can check that video out, link at the end. But it looks like it's going to go up 12%. Interesting. Over the next hour, maybe 3.5%, 4%. That's a 90% accuracy. So pretty engine coin. Other than what I really should get into, I just haven't. 13% dent coin, also making it. Rap, Tara. Let me do one thing. And then Tellos, always in the top 10 or so. Swissborg, one more time yesterday, 4%. And you can take a look at, trade the chains, link in the description. You can check that out. But let's go into today's top story, shall we? So this one was pretty good. This is from my man CJ over at Market Rebellion. He shared this from Glassnode. And I thought it was interesting because, let's see if I can do a close up. There we go. And what we're looking at here is this is from 2018, all the way to the present day. Let me scale in a little bit. If we can take a look at here, all this green is all the difference, increasing liquid supply. That is just the Bitcoin that is out and available for purchasing. Maybe this is from the miners that it's available. Then in the red is all of the decreasing liquid supply. I mean, even if it's not liquid, someone is stocking up on it. That's exactly what's going on. And you can see over 2018, 2019, there were some big pieces here. But now as we go past, really about March 2020, remember that's when we had that Black Swan event where everything just fell down to the bottom. And we saw a pretty big uptick of people hoarding it, hoarding Bitcoin. And then now we're taking a look as we go forward into June, July, October, 2020. And now we're at the present day. We've got a lot of Bitcoin that is being illiquid. There is just being holed up. So the question that becomes, well, what the heck is going on? Because the price itself hasn't really done much and actually is down from $59,000. So what's happening? Well, if you took a look at the chart again, before there was a lot of hoarding, a lot of people putting it into cold storage, but you have to remember, well, first of all, people will always tell me the same thing. Rob, you understand, this mark is different, tons of institutions, solid hands, diamond hands, sure. You have to understand I have the same problem, which is I always believe people are like me and they're not. So we're going to talk about that in the survey. You have to understand that people are going to take profits. People are greedy, people are going to manipulate. And even for every one Michael Saylor diamond hands out there, there is a hundred weak-handed, greedy manipulator, how we want to call them, out there that are just in here for just a quick buck. And they're going to move things around and that is it. So even though we have a pretty good indication of that, there's a lot that is becoming illiquid. And I think as time goes on through education, people actually understand what cryptocurrencies assets, Bitcoin, Ethereum, Cardano, VeChain, everything that we talk about, what it's actually going to do to change the world and change, you know, it's a new paradigm shift. Imagine what happened when the internet came about. I'm old, so I remember those days. Before the internet, there was this thing called a Dewey Decimal System. And you had to go to like the library and look up information. You actually had to write letters instead of email. Oh, and you actually had to go shopping for stuff instead of having it delivered to your house. It was crazy times, crazy. So I don't think people understand exactly what's going on and how important this is. So they're just kind of going through the motions. Again, I think people are going to lock things up. But right now, people just don't get it. You, you, my friend, are super early. And I don't care what people say, you go on the street, you know about Bitcoin, you know about Bitcoin, you know about Dogecoin. I've heard about Dogecoin. You know about Cardano. You know about Ethereum. Do you know about Chainlink? Do you know about Spill on the Blank? They have no idea. And it's the same thing if you were going to walk around the street in the early 90s and talk about email and HTTPS and TCPIP or TCP, TCP, TCPIP. People know I have no idea. So again, these are just the rough points, not financial advice, but I'm going to be holding for the long term. And I think this year is going to be fireworks, just like we always talk about the four-year cycles, having all-time high dip reset. There was a having not too long ago in 2020. 2021 is an all-time high. 2022 is a dip. 2023 is a reset. And off they go. Let me understand the comments section. Let's move on to our next piece. So next up, I just did a live AMA with Sheehan Chandrakara. He's the CPA and specialized in cryptocurrency. It was great. A lot of great questions we had. And I'll link that at the very end. It's about 45 minutes, about 15 minutes. And it's a lot of great information as far as taxes, as far as Americans go. If you're outside of America, we talk a little bit about things outside of that, but that's not really Sheehan's specialty, but it was still pretty good. So this was a article he wrote yesterday where he says, hey, and we talked about this in the AMA, there is a document that is going to be put out for US taxpayers. I'm just going to go over this really quick. In the 1040, it's going to ask you, it's going to be at the very top. It's going to say, hey, have you received, sold, sent, exchanged, or otherwise acquired any financial interest in any virtual currency during 2020. And in this article, Sheehan says, if you purchase cryptocurrency in fiat, you can still answer this no. And he explains exactly why in the AMA. And he talks about the reason why is because they updated the FAQ on the cryptocurrency as of March 2nd, 2021. He caught it. And because of the way that they, as the IRS actually said it, you can say no as long as you haven't sold that cryptocurrency, transfer it for another cryptocurrency, then some type of airdrop or things like that. If you just bought it in fiat, and you bought Bitcoin, Ethereum, Cardano, whatever else it is, and hasn't done anything, you've not acquired virtual currency. Crazy, right? These are the types of things that's important when you have a CPA. So I will link this article in the description. I will link the AMA and you can figure it, find out all about that. But the way that he explained it, and I'll let him talk about it, this is a no question if you have only bought and held. So interesting. Anyhow, that's what's going on with that. Now I want to talk to you real quick about sticking to your plan. And I didn't realize how important this was until we saw that big dip. I have an exit strategy, and it goes along with all my different alt coins, Ethereum included. So when Ethereum hit 2000, I put it out. I said, I'm selling Ethereum at 2000. I said, this, what's going to happen? And I did it because I try to do as many things as I say I'm going to do because it's important. You don't want to listen to some guy who's like, yeah, I do all this stuff. I have to do it. So when this came about, I was like, man, I didn't think it was going to go up this fast. But look what happened. As soon as it hit 2000, 2000, 58 or 2000, 2100, I don't know what it came up to. It went right back down. And now we're, we're teetering about 1500 or 1600. So even when you think you're, you're making a mistake, sometimes it just, you know, timing just works out. Like you're some Nostradamus, but that's my plan. My plan is to cash out. And then this was a video we did about my seven pillars of exit strategy. I'm going to keep 10% in cash, 25% are going to stablecoins, 15% in land, 20% into investment properties, 10% in the Amazon FBA business, 15% into staking and 5% into my IRA. And I wish I could do more because when I put it into iTrust, I've got a lot of Ethereum and Polkadot now that once they allow staking in quarter two, then I don't get taxed on the staking rewards. And actually, Shian talked about that in the AMX. So we'll check that out. But this video, I'll try to link in the, in the description as well. If not, you can always go over to DanTeachersCrypto.com, this website, it's always spinning and it's 100% free. I made it free because I think people need to learn about this stuff. They don't need to pay me anything. I don't know where you're at. If in the United States, probably you can afford a little bit. But what if you're in like India or Sub-Saharan Africa, I don't want you to pay anything. So just go there. It's 100% free. And over there, that video is in module five investing. So I talk about this because I see this 20% right here. So what I did with that card, that Cardano, that Ethereum that I sold, we put it into our investment property. This is from my Twitter feed. And it's just a small little house here in Houston over by Jersey Village area in the area. And, you know, you have to understand that of course, cryptocurrency is going to go to the moon, everything's going to be great. Sure, sure, sure. But what if it's not? What if something there's a big stumbling block or something happens? So like, I like to diversify. And I want to just preface it with this. This is my strategy. This does not have to be, this isn't your strategy. So this is the only thing that works for me. And you, again, are totally different from me. And you're able to do whatever you want to do. But for me, this is what makes sense, just buying investment properties, fixing them up, and putting them on Airbnb. And we've actually did a video specifically on Airbnb and how to cash out and get an Airbnb and actually find the right location by using a website called AirDNA and the things that you have to do to get things ready. And on top of this, not only are these investment properties, you know, they're pretty good as far as money making, but they're also good for tax deductions, you know, as far as like the depreciation value of the home, reducing for the actual interest that you have to pay, the taxes that you have to pay for the city, state, and local government. So there's a lot of different things that you can do with property that you can't do with crypto. And that's why I diversify. So I just want to tell you that if you have a plan in place, just stick to your plan, whatever that is, and then make sure that it works for you. Anyhow, if you're interested in the comment section, and then let's move on to our last piece, which this one's kind of depressing, but it is the truth. So article state that more than one in three crypto investors know little to nothing about it survey finds. Again, this is why I made this website so people could understand what the heck is going on. But I didn't know it was this bad until I read this article. So this was from using survey data collected from 750 investors. So granted, a very small sample of where they got this information from. But again, I know people who are watching this are like, how could they not know? I know everything about it because people aren't you. You are probably very well versed about what's going on in crypto, but not everybody is like you. And that's just how it is. This was data collected from 750 investors between February 5th and February 12th, a stretch during which the price of one Bitcoin went from $37,000 to $47,000. Cardify, that's who ran the survey, finds it only 16.9% of investors who have bought crypto fully understand the value and the potential of cryptocurrency. Of course, same thing with the internet. It's the same thing with online retail. It's the same thing with every emerging new technology that's out there. So just look for what do you think is going to be in the future and go for that. This is what it is. Anyhow, while 33.5% of buyers have either zero knowledge about this space or would call their level of understanding emerging. So what's going on? Why are they doing all this? The survey results suggest that many new investors have been spurred into action by a fear of missing out on gains. How crazy, FOMO. Anyhow, more than a third of survey response research digital currencies for less than a month, which I'm surprised they did that before buying. And one in four cryptocurrency holders told Cardify that they were entering the space in the hopes of earning short-term financial gains. So my question is this, well, why did they do it? Not just because of FOMO, but what spurred them on? Well, it wasn't just Bitcoin's meteoric rise. High-profile endorsements also played a role. Of the 715 investors surveyed just under 180, say that they have a more favorable view of Dogecoin and are more likely to put their money into it thanks to Tesla CEO Elon Musk's many tweets to his 48 million followers. That's the state of cryptocurrencies right now. If you are in crypto, first of all, you're early. And if you know what's going on, you're educated, which is even a rarity, what we just saw in the survey. So this just goes back to the first data point. So we took a look at for a glass node, that's a graph. Yeah, there's people that are hoarding it. But again, it's the only the people, and that's really the smart money, the smart money, the people that really understand exactly what Bitcoin, what Cardano, what Ethereum, what Chainlink, what Polkadot, all those things actually do and can do. And they're holding onto it for dear life, like a Raoul Powell, like a Michael Saylor, like a film of blank where we want to say like digital asset news like Rob here. And you, because we know what it is and we want to hold on to it. So just to be aware that these fluctuations in the market is because a lot of people are coming in, they have no idea what's going on. But it's really up to you to kind of educate them, and me. And that's why I started this channel and antipagescrypto.com. So just be aware, that's what's going on. But nothing changes. The fundamentals are still the same. And it's still, I think this is going to be one of those firework years. All right, so that's it for today's video. So first of all, I want to say thanks for stopping by, I appreciate it. If you liked the video, give it a thumbs up. That always helps the channel tremendously. And think about subscribing. There's a lot of things we talk about our time sensitive. And then I'll try to link those two videos we talked about, some left and right of YouTube do its magic. And that is it for today. So thanks for stopping by, I appreciate it. And I'll see you on the next one.