 Hello everyone and welcome to an impromptu live stream. We did we've been doing some recorded videos lately But after yesterday after we saw what happened with the market I'm like, you know what until this ETF gets approved. We should probably do a lot more lives because The market is a little volatile. So let's just talk about what's going on in the news today So first of all just like the thumbnail and title suggests, you know We're taking a look at the decoupling of Bitcoin from traditional markets. Everybody's happy about that And that's great. I mean it looks like things are going but I mean you have to remember that of course This is a once-in-a-lifetime event with the Bitcoin ETF Possibly or more probable getting getting approved by tomorrow, which will be Wednesday So this is an article from coin desk and it just talks about Bitcoin a couple from NASDAQ amid ETS speculation This is a 40-day correlation between the two has declined to zero now again If we have a negative correlation, I mean they do the opposite things one it can go up It'll and go down of course positive. They kind of move in tandem and then of course, but zero They do whatever they want to do so with this one I just had to take a look at it. There's some great data on this on this piece It's really good and I linked the description. You can check it out, but I mean all honesty We knew this is gonna happen and inevitably Bitcoin the entire crypto market will have its day They will have its bull run and this is not, you know, November 2022. This is a whole different Section of the four-year cycle. So Bitcoin I was kind of surprised as I as I took a look at this because we've all been having this this this jubilation This we're very happy. We're you know, and everybody's essentially pretty much nice on crypto Twitter Which is which is weird right now But you see these these these peaks and valleys and you think yourself well Bitcoin must be up massively and it is over a year 170% but you know over 30 days look at this over 30 days is only up six and a half percent Taken taken to account for again the increase in the decreases across for Bitcoin. So 30 days It's been pretty much not You know these magnificent polls, but again, I'll take six and a half percent Increased because you know after we saw the decline that was a 77 percent 77% drop from all-time high when I went from a 67 69 thousand All the way down to 17,600. So I'm pretty happy. I'm happy about that But it was just kind of surprising me. I'm like wow six and a half percent. However traditional markets You're not doing as hot So if we take a look at 30 days in S&P 500 you only up 2.5 9% and of course just getting the Bitcoin Which is what's outperforming everything so far. You're up pretty darn. Well, if you're just in Bitcoin Let me take a look at the NASDAQ of course. We're just up a little 103 percent. So again Bitcoin is decoupling there are doing good things and why is that? Well, obviously, it's all about the ETF So everybody's talking about it and I am very happy if this actually gets to go through but again I believe when I see it so the SEC hustles the answer latest Bitcoin ETF findings It's just happened yesterday after close of business, which is kind of weird but as all these different institutions, they've kind of moved around and they're trying to Jackie Jackie for position on the fees that they will attest to The SEC sent them out these notices and said hey, we need some updates regulator sent comments Just hours after would be issuers filed documents and details for their fees The comments addressed just minor details in the minute S1 forms rather than significant changes and should not affect the Timeline for a potential approved by the regulator, which is interesting Because perian was the founder and CEO of digital chamber. She's not somebody who likes to spread FUD Advocate for Bitcoin crypto and blockchain tech. She says hey, this just happened last night. This was at 8 30 p.m The SEC just issued additional comments and pending applicants s1. This is a delay signal She says but you have to understand it's just one person's opinion and of course, it's gonna be bullish there's gonna be bearish sentiment and James Seifert comes out who is it's him and Bolchunas. I think this name is from Bloomberg and there are the guys that I've been saying look This is 99% going to happen and let's hope they're right and he comes out and says nah, it's not true He says always have this is true comments came back on this one documents the fees We all went crazy this morning Expect to see more abundance tomorrow because of this that said I don't think this is necessarily a delay signal again We're just kind of like parsing hairs and really getting into the weeds of it if it happens it happens again It'd be great for all of our portfolios I think but if it doesn't it doesn't matter because the narrative has already been set the big institutions are here Wall Street institutions are actually here to actually to get into the The arena that is crypto so to me. I'm happy either way but I will say this as This all comes about and we talked yesterday about taking a look at how things compare against investing in the Bitcoin over time. We took a look at different ETFs. We took a look at Real estate we took a look at precious metals and to me It's just kind of amazing that people bet against it right now I mean, we've got 13 years of data that just takes a look at it. So I'm always it's I'm exasperated by people who say, you know what? I'm gonna short it Bitcoin ETF approval expected soon bears those a hundred million dollars. I have no tears for you I mean if you shorted it, that's on you. I don't know why people do it But I mean, I guess people like to trade and gamble. That's fine 155 million in shorts liquidated in the past 24 hours and let's just take a look here. So, yeah, I'm at 24 hours Actually, I've got 128 million. This is from coin glass comm. This is 24 hour wrecked 225 million and we can just see that Well, I guess we added all up 12 hours for this for wrecked is 81 million four hours 21 and last hour You had 4.36 million what you can see down here is that the majority of people for some reason on 7th of January Two days ago people really want heavy heavier into shorting Bitcoin, I mean, I guess if you want to do that, but I think it's It's a restful disaster as people are really Through and through doing a lot more longs now. I know people will say but Rob, you don't understand because you know in the In the game of investing usually when people are doing too much you want to go the opposite route I don't know man. Sometimes is this the tide is gonna carry you to the right direction And maybe this is it I could be wrong, but I think in the long term will be okay Anyhow, let me just think about that in the comment section and all these things that are going on There's only one thing There's only one thing that buoys my hopes Jim Kramer And if it wasn't for Jim and the inverse Kramer, I may think to myself Maybe there's something that could go wrong, but Jim does it again This guy is amazing how we can call everything wrong and still have a job. It's just great So I'm gonna let you listen to this. This is 13 seconds and you can be the judge, but Kramer does it again You want Bitcoin by Bitcoin? I think Bitcoin's topping out by the way So I'm gonna say enough is enough a kaching is kaching and that ladies and gentlemen's conclusion of the Oof great So you've heard it here first the Jim Kramer says that we topped out for Bitcoin. That's good news for us because that guy Amazing amazing he has a job. So let me just think about that and then not just to talk about Bitcoin We also have to you know, give a little attention to the alts that are out there I know some people like to invest in those. I am one of those people Solana so this was a story from the block and It states developer retention in Salon X is an increase in 2023 foundation reports again If you're gonna look at where the different products are going just look at developers developers developers And this one comes out and says according to report 400 to 500 slanted developers are Graduating from multiple developer boot camps every six months with a job listing is growing 500% throughout the year. So again, this isn't about, you know developers coming on It's just retention, which is sounds pretty good. They're retaining that many The improved retention rate helped to maintain 2,500 to 3,000 monthly active Salon ecosystem developers during 2023 Look, you know developers. You don't have a fountain. You don't have a blockchain. You need people to come in That's the truth. However, there is one crypto project that even dwarf Solana. There is a website I linked in the description. It's called crypto Meezo. This is all the github commits over the past three months and number one ICP and this is not don't blame me. This is just a beta that I see right now ICP has over a hundred Contributors over 1700 commits now it has dropped off a little bit going into January 7th 8th and 9th But it's still number one. Solana is number two sushi pancake Rubik. I know what that is Bitcoin cash E-cash storage Nina. I've never heard of those things cosmos. All right status Bitcoin number 12 Think it's doing just fine. I think maybe they have so much going on Bitcoin bet to it Ordinals NXM chain link to a network mask buy and Bitcoin cash round them off now You can see a ton of them there they go all the way down to I don't know what these are moon river Request and stuff like that, but again, it's just interesting to see how many developers are actually working on different projects How many commits are out there and how many are actually working and getting this commits for a github? So we'll see how it all works out Solana is one of my holds. So of course, I'm a little bit biased I also hold this one called dogecoin and This was a story that actually we covered two weeks ago. This is Genevieve Roche Dectors is a cheap and out financial analyst for Bloomberg and She reports that X or what was called Twitter? They're gonna launch peer-to-peer payments. I We cover this two weeks ago. So it's kind of interesting to me But what I found out makes me want to think twice about doge It states this is from X. We will launch peer-to-peer payments I'm locking more user utility and new opportunities for commerce showcasing the power of living more of your life in one place And this is the reason why they're getting transmitter license in all 50 states in the United States in the US It's because X wants to have payments within the X platform now. I don't think they're going to use fiat personally Elon Musk doesn't really say either one way or the other He says he doesn't only think too much about crypto digital assets, which is quite a change from two years ago But that's neither here nor there But we covered this story about two weeks ago and I had to look it up and I'm like, all right Well, I mean it's two weeks old, but what has changed The whole thing we talked about it was just speculation. Of course, that's what the whole channel is You see Elon Musk here This is his official X account and under the location He's got two Icons one is X Which will be for you know X Twitter or whatever and the second one is dogecoin see that right there dogecoin That's the logo dogecoin and we said hey, you know, I mean if you're looking at that It could be maybe they're gonna use Bitcoin Maybe they're gonna use lightning, but they're gonna use XRP. Maybe they use card out I'm gonna go to Solana and maybe there's and then we said dogecoin. Hey, they he has the logo on his profile, however If you look today guess where he's from He's not from X and he's not from dogecoin He's from trollheim as he is the chief troll officer. So if you're gonna you're gonna put your a Lot of your investment into into Elon Musk. Good luck because he's more volatile than Bitcoin ever is so That will conclude essentially the news. Oh, there is one little quick update. We did a A deep dive into a web 3 game that just came out for kind of over on our second channel Dan degen That's the more risky plays. That's where you either gonna make a lot of money or lose everything Usually it's one of those two the things that happen, but this one looks pretty good And we explain why and of course web 3 it's got some good pedigree. It's got a lot of people behind it It's also for the win-to-earn ratio or what they're doing is that you're not earning just some for kind of token You're actually earning Bitcoin. That's what we like it and We did the video yesterday and there's an update which was we said in the video That the tokens were 500 million tokens, but that's incorrect. There's actually first of all, there's five billion tokens That's the total supply, but hey, we got that That data right from their site, so I don't know what the heck happened on that one So that I'll take that on me that was on me But the token distribution it used in the initial video It was 3% and now the token distribution is 25% to all investors which the idea just happened yesterday and I'm waiting for official numbers, but it looks like the idea was sold out and under three minutes So very successful and so we have for that thing want to take a look at that just I think I put in the description, but it's Dan degen and the Web three game is for con that's it for today So look if you like today's video give it a thumbs up consider subscribing And then we talk about is time sensitive now if you want to stick around We'll do a little Q&A and we'll go over all the things that I missed and I'll answer all your questions the best My boys we got take off take off. Thanks for stopping by appreciate it now Let's do a little Q&A French toaster Hold on. Hello. Hello Eric says do you have any niches you're going to expand of this cycle trade the chain for trading now No, the only the only niche I guess I've been saying this for quite some time I think that the bull run will that'll kick off will really be Dex's AI and Web three gaming so I think from there that's really not the niche is just I think where things are gonna go So I'll be talking more about that as we move forward And if you want to like catch up on the things that I see that could potentially be big. There's this website. It's called Dante just crypto. It's 100% free and all my videos that I feel are should be, you know, fairly important We'll be right there. All right Nothing Rusty's here rusty bots Kate is here Me more and drop discount noses here What that's interesting Rusty says just a reminder everybody who has a crypto calm I remember to use it I forgot about it and now my fiat on it is gone. Did they change something? I don't use crypto calm. So let me know in the comment section what's going on interesting Yeah, bk lounge says I hope to see Rob's t-shirt milling if you guys I know the bet The bet is I bet Simon Dixon that the etf wouldn't go through Uh in the first quarter of 2024 A lot of people were calling for 2023 that didn't happen a lot of people are calling it for Actually, a lot of people were calling for it last week. That didn't happen A lot of people a couple people said it was gonna happen yesterday. That didn't happen No one's saying it's gonna happen today, but everybody's saying it's gonna happen tomorrow Great If I lose the bet and it actually does come through before the end of March, which Looking pretty good. Then there's a t-shirt. I have to wear it's called I heart machinsky. I hate that guy So I bet that was Simon and I will proudly wear that shirt on his show and here and also if it does come through I'll also wear it on NFA live, which we're gonna go. I think it's on uh, it's on guy's channel over at coin bureau on thursday So that's the bet look I'd rather be wrong like I said wrong and rich than right and four I think this will be well for everybody's portfolio. I could be wrong, but it's looking pretty good Traveler's love and says if you're uncertain Simon is better. I gotta tell you, you know We did a video yesterday from Preston Pish Hope it's how you say his name go smart guy And he just talks about he goes look he goes if you take a four-year time frame And not being like, you know a gambler or trader or something like that He said if you use a four-year time frame over anything, you know, you're gonna come out ahead with bitcoin it's just the fact and There's another website that I loved to show yesterday, which was It was called priced in bitcoin pretty good Show you right now And you can just take a look at priced in bitcoin priced in bitcoin 21.com And essentially my favorite one was looking at housing because we like real estate And the united states meeting new home. Actually, you know what? Let me go back Let me go to Housing and go to uk average house The united kingdom average housing. Let's see and let's do all And let's compare that against fiat. Oh, same thing so it looks like you guys topped out What is how much you paint for a house over there? Oh, it's pretty good 293,000 281,000 Again, all this is is you just take a look at the at the graph And of course as the price of bitcoin goes up some from 2011 It would cost you a lot of bitcoin to buy a house that was worth 166 thousand dollars, right? but of course As the price of bitcoin goes up If you want to dominate in dollars, you can if you want to think that way, but now you know You're looking at for a house of 21,000 You have to pay 602 million 713,000 satoshis and if you don't want to do that, where is it? Let's break this into Yeah, this is ah, this is what you should do There's a little bar right here You can you can switch off sats and just put it in straight bitcoin So now check this out Check this out In 2012 to buy a house with 166,000 dollars. You would need 33,000 374 bitcoin. That's a lot of bitcoin But just a couple of years a year later. You only do 159. Wow And right now, well that's 2017 and then right now, of course Now way Yeah, that's right. So yeah, you only need six bitcoin to buy a house of 21,000 So you can do this show your friends or your family Like because even me and my wife are like, wow We love real estate, but Not a good time to invest in it right now now is a time to invest into bitcoin Personally, I can't give you financial advice, but you just look at this jar. It's looking pretty. It's like it's a compelling case I will say that for sure. So check out that website priced in bitcoin 21.com mix things a lot simpler To check it out. All right Fees, you know, I want to talk to you about fees because right now let's take a look There's a website fees there we go It's a bitcoin info charts.com. Let me show you bitcoin info charts and So going back three years we can see the average transaction fee for bitcoin was To 60 bucks at the very height And I know people were upset. I wasn't too happy about that and now of course with ordinals The price goes up exponentially right actually over here. This is when ordinals kind of hit Let me just blow this up to three months. That might help us. Okay average transaction fee. Yeah december 17 2023 it was 37 bucks to move bitcoin And then we come out here That's not the ideal for me. I will say I'm like, I'm not really happy about that. But in all honesty, I'm not Moving bitcoin around too much. And you know, people always talk about how bitcoin is gold 2.0 I don't know how much it costs to move gold Right. I have some gold. I have physical gold But to move it around especially across borders. How much does that cost you? Has anybody done that? It's got to be more than 28 bucks or 32 dollars to move You know millions of dollars worth of gold across borders So if we take a look at and go well if it is gold 2.0 and hedge against inflation You take a look at it or a store of value or it retains your purchasing power We take a look at that and say well, how much does it cost to move gold? Well, now we can say like It's not on par with gold. It's a heck of a lot better. That's just one thing again I know people will say that's not a really good. That's not a great argument rob I want it to be cheap and fast and simple and I get you that's I mean If you take a look at, you know, other precious metals, it doesn't make a compelling case Red panda pie who had a great comment on the NFA live want to give panda pie his his or her do where We were talking about d gen channels and guy said, I think I'm gonna you know Guy was thinking about he wasn't thinking about it But he said what if we did it like a d gen type of plays And panda pie said, yeah, you'd call it cbdc, which would be coin bureau d gen clubs so very very smart pie But panda pie says I quite understand people shorting bitcoin We often hear you have to do the opposite one. Jordy run the same way rat race. It's true. It's very true and I can't really say too much about that because Sometimes it works out but see slow, but here's the thing No, I really can't can't debate that. I will just say that again I don't know which way to go Here in the short term, but in the long term. I'm pretty well Situated And just so everybody knows like, you know that we did a video this weekend about one of the condos that we sold And how much we would have made like we bought a kind of return 60,000 Not right And if we would have put that in big coin would have like 1.8 million at the top But we'd still have like almost a million now So we sold that um That condo here in Puerto Rico and we'll probably roll 50 of the proceeds into bitcoin so I think over four years. It'll probably do a lot better than Then real estate itself, but we could be wrong Not telling you what to do. I'm just saying that's what we're doing I mean it is like before the for the halving. This would be the time to do it, right? Instead of going hey, it's 2025. Let me roll everything into it and hit the top Says rob when you're taking profits, how you decided that the profit should go to fiat stablecoins bitcoin reinvest Thanks for the videos When you do it, you have to understand like right now when I talk about it's taking taking profits I'm not talking about like take tens of thousands or thousands or hundreds I mean depending on what you're doing, you know, I'm not saying like take profits of 25 The only reason I take profits is to do little things here And of course like when when things just get stupid stupidly overbought like bonk you know, come on when I want to take a you know a couple a couple of things off the table And I just want to do it because I'm so used to buying this is the problem in 2017. I went through I didn't really feel the sale pressure because I'm like I'm gonna buy forever Then in 2021 I got a little better But I wasn't as good as I should be and now I just tell people like take some profits Take a little bit off the table take like, you know 1% take a couple hundred bucks Keep you know, whatever you want to do So you don't have that that sell muscle Atrophy or waste away and not be able to you know Be able to pull the trigger. That's all I want. That's all I would like Some people to do again depending on what you What your goals are so that's why I say take profits along the way because at some point Things are going to get overheated I know people will say but rob all the institutions are here You don't understand it's going to blow up and it's going to keep going up and keep going up. Look every single time This is just my opinion The technology or the exuberance of the market Is far exceeds the technology and the adoption and that's happened in 2013 and happened in 2017 and happened in 2021 I do not think this is going to be any different unless some nation sovereign funds major You know first world country goes, you know what? This is what we're using now For our legal fiat like el Salvador I still think we get oversold and at some point and then we go and the four-year cycle start again I could be wrong this time, but the worst words in in investment This time is different. Oh you Ah crypto stevo says rob. What are your thoughts and Bitcoin? There are two such as stacks and bureaucracy 20 I've I like stacks. I've been I bought a long time ago. I bought a big chunk of it. So If you don't really like altcoins, I don't know if stacks would be considered an altcoin because If you look at how Finney and what he talked about And a lot of the a lot of different bitcoins they always talk about how Bitcoin is the prime layer, right? It's layer zero and you're supposed to be able to build on top of bitcoin So I don't see why anybody would call stacks a shitcoin Because that's essentially what it is. It's a layer two solution on built on top of bitcoin as a smart contract platform So for me, I'm like if you like bitcoin, you think that that's the next evolution You should take a look at stacks and ordinals and things like that. I mean ordinals a little bit different, but I own already the ordi token, but let's see how that works out RW 7 6 10 rob. I'm pretty sure X will use doge. What are your thoughts also many experience one I'm just telling you. I don't know. It's all up to one guy And I hate the fact that one guy is dictating essentially A lot of the crypto that people are holding But if you think about it, gary's doing the same thing. No, he's not doing that thing that well Elon musk if he comes out and starts to really push dogecoin And he hasn't said anything about crypto for quite some time But can you imagine the pump of dogecoin if he does come out and say Well, we decided that You know, we're going to use dogecoin for payments. That's what's going to do or maybe it's a basket We're going to use doge. We're going to use xrp. We're going to use bitcoin lightning We're going to use salana whatever you want, but we're going to use these specific cryptos Those will pump so hard. That's why I diversify because you never know Alex marquez says, why is everything dumping? Let's take a look Let me see a dump Let me blow this up a little bit So bitcoin the hour is down 0.2. Ethereum is up 0.2 VMB Over 24 hours. You have to understand though, like I don't know why avalanche is up 2.6, but okay like if it's me and There's a bitcoin ETF. I'm not putting it into shiba inu even though it's up 3 I would personally think well the ETF gets approved. It might go up a little bit. So maybe I Put it into bitcoin. I think that's what people are doing. They're selling their monero. They're selling some stacks They're selling some eith classic here and there. Oh, maybe not. It's up 3. No, it's not It doesn't they're rolling into bitcoin and some people like I don't want to do that Like they think casp is the next bitcoin. Great celestia 15.6 percent Bitcoin sv at 17.5. I have no idea why People think that's the real bitcoin. I'm not here to debate it. I don't really care honestly I don't If craig right is the real satoshi nakamoto. I don't know why he doesn't Start moving all the things in his bitcoin wallet if that is his Sound off in the comment section. Tell me how wrong I am so, yeah A fan of russing says robbie think there'll be another far kind of idea. Nope. There's not It's shocked me too Like when I was talking to the 10 said guys, you're like, yeah, we'll probably, you know sell out in the first day, but not Three minutes. So it's like I said, it's a good game One of the founders one of the co-founders of g2 esports, which is like this Legendary team in esports. I had no idea who they were also a lot He's behind the game He's kind of building in this like esports narrative and they're gonna use bitcoin as like a play to earn But a win earn win to earn. I think that's pretty cool You have a you have a tournament or a league mostly the tournaments and you can win bitcoin By what everybody puts in the pot imagine that you've got teams from all the world Everybody has to like put in like a bitcoin here or a bitcoin there And then maybe you have like smaller tournaments just random folks like you and me and we want to play and we get a piece of that Pretty cool But some people did say the game's a little bit laggy. So but it is in beta, but at least they have a A game out Bill bow says when moon, I think we got some time I do if we take a look at the four-year cycles. We haven't even you know, it's crazy everybody when we talked about this Two weeks ago We are so far ahead if we take a look like if we take a look at timelines from the end of december and january of 2019 into 2020 As far as like how things have actually progressed and the price appreciation as compared to december 2023 January 2024 just two weeks. We are massively ahead In bitcoin and some really top-notch alts so I think I like I said before I said this on nfa live. I think we got screwed out of a really impressive Uh bitcoin rally in 2021 I think the shenanigans going on behind the scenes with uh scam wankman freed and uh alex moshkamski and voyager And all those guys and then three arrows capital They screwed us they screwed us out of the proper bull run that we should have had And uh now that we purge all that I think we're gonna make up for lost time in this bull run. It's just a theory And it could all go to zero tomorrow, of course Yes, yes, of course uh Proz says hey rob if we're kind of does well like 20x or Or so would you sell it and do short-term capital gains or hold until you get into long-term territory? So you have to understand I'm in puerto rico And capital gains are not a thing But it's not However For me if I was still moving around in texas Would I take short-term capital gains? Yes Because you never know how things are going to go and you should always try to pay yourself And I would go with that even if it's like and remember short-term capital gains um Actually around I kind of go back on that one If you're in the tax bracket here in the united states, and it's 35 percent, right? You have to understand that if you take that If you sell that that means that you essentially are giving the government 35 percent Now if you go long-term that's a year, but it goes to zero Now Because you never know when things can go to zero you have to pay yourself a little bit and then keep sides The government's always going to be there the one thing that I would say though, and I know this is about germany Germany if you hold it longer than a year If you hold it longer than a year you have no capital gains So you have to take a look at it and go like this. I would sell a little bit 10 15 20 percent pay the capital gains. I got it 80 percent. I'd let ride Kind of go just to see how it does because if we were closer to 2025 I'd be like, yeah, we might do it, but If he held on to it, I think it's all about timing. So that's my answer Hey jake That's okay. You made it today. That's good. I don't make it It's not like youtube's gonna it's not like youtube is going to uh You know notify. Yeah, just how it is Dirty dance as I heard about hypercycling channel. You're gonna Mine any of it. It's hard to find info on it. It's hard to find our info on it because They went through the audit process. It looks like they passed And now to mince and move forward and get the mining operation now. That's in the second evolution So I have my miner right here once I know I'll let you guys know that not sure Awesome content Dan not sure but that site is excluding cardinal comments I believe yeah, maybe man James did a video A couple days ago and he he ranked all the layer ones and man everybody's ticked off at him because of what he talked about with the Uh, the tps the transactions per second for a cardinal and believe me And he knows about the eutx eutx o model But uh, I would recommend if you're a cardinal fan to go watch it and then you can input your You can put your comments in his video. This is why I just say I just say look Whatever you want to invest into you're probably gonna be pretty well on crypto, you know, like If you know if we're talking like precious metals and other things, I don't know But as we move into the uh, internext phase of the bull market probably do great. That's just how it is I Watch South Africa Hey Ken says Ben's the biggest fraud in all crypto. Why ain't gathering if we don't even follow him Are we talking like ben bit boy? Are we talking about uh, ben from the crypt of words? Look, I don't people give ben a real hard time because he's like because he because He Said hey, you know all it's a risky and if you want to do it you should take a cold shower And I I've asked ben about this numerous times in an FA life and he's like, yeah, he goes I'm just gonna go into bitcoin because that's it I always think to me. I'm like it makes sense what he said about the alts Because he went through that in 2018 and 2019 and he saw and he had to go through all the pain of like Investing and investing and then it would just go down and it was just difficult So he's like, you know what why I had to deal with this. I'm gonna go into bitcoin And you guys all know that and he said it. He's like, look, I'm only I'm only gonna go to bitcoin. That's it And then people are like, why don't you tell me to go and alts? Look, I like ben I like what he says I like we and if I would have gone into into bitcoin heavy in the beginning I probably know a lot better but 2022 early 2022 I was dc-ing into alts and I'm I'm not still down and everything but doing pretty good And uh, I mean on the show. I was like, hey, I'm so I'm gonna dca into alts. He's like, that's cool That was it. But Ben's trust me if you Invested into just bitcoin. Yes, your percentages probably isn't as great as like getting into like bonk. I got it But in all honesty, if you wanted to bitcoin, you're doing a heck of a lot better than the s&p 500. Am I wrong? All right, so that's that and again Just because I say something Don't believe me Like who am I? I'm just some guy talking to his computer and from this really nice green screen So you really should do your own research and go, you know what that doesn't make sense for me I'm gonna go this other route or maybe I'm gonna take a little piece of that and go this way. I'm just That's all it really comes down to How many times have you heard me be wrong? I'm wrong a lot. That's my wife. She'll tell you Rob if you sold any medic and rolled into something else seems like it's like man Nah, I'm only sold it because I'm like it'll catch up L2s do some do pretty well some not arbitram. Just uh, you know, did a really nice little little peak I think it's doing pretty good arbitram polygon Ah optimism so those type of thing. I think they'll do pretty well What happened to trade the chain? Whoo. That's two years ago three years ago. I don't know sentiment analysis. I I thought it'd work pretty well and But that's just it anything works in the everybody's a genius in the bull run It's the ones that like can really buckle down and you know tell you like hey This bear market sucks, but you know, these are things that we're getting into it's gonna do pretty well If you there's a guy I follow on twitter a little smart guy his name is rob art And he really kind of hammers it home about how like look the bear market That's where you make all your money and right now it's all about taking profits interesting one rob art funny guy You're welcome. Well panda was it was a great it was a great comment CVDC is great Hey walking with pause I always like to I really appreciate everybody who stops by Because I know and I can feel it you can feel it the tourists that are coming. I don't want to deal with those tourists man I just don't I just would like Just us right the ones that have gone through all this stuff and not the geniuses are gonna come in Who heard it from a guy who knows a guy who knows a guy who's like, you know what? you got to put it all into and You know, you got to take loans out you got it and I'm dreading these days Oh, well Max Payne is up Yeah I saw it says hey rob new to the party have a small bag ready for the run Will this be the last four year cycle to make gains? No Too late for the party. What's your thoughts? Thanks for the great content. You got to remember guys that This'll prove my point Let's see Let me show you my screen I've show I've showed this a lot and for some of you have been around for quite some time You'll know what I'm going to show you What do we have? As far as our market cap today Our market cap is a paltry 1.78 trillion. You know much that is in bitcoin Not even a trillion dollars And that's good But come on the whole crypto market is 1.7 trillion. Look at this This is a visualization of all All funds and all value and all different assets This scamming piece of trash for some reason had 26 billion dollars at his at his peak Whatever Anyhow, this is from 2022. Here's the currency all the currency is worth 8 trillion dollars. Here's gold Gold has 11.5 trillion. Here's all the billionaires They're at almost 3 trillion dollars Uh s and p 500 36 trillion That's a global money supply m1 and m2. You're looking at 82.6 trillion dollars The new york stock exchange and all stock exchange together Now you're looking at uh over a hundred trillion debt and I want to get into that Real estate 326 trillion global wealth is 463 trillion And derivatives 12.4 national value 600 trillion Yeah, so When I think of it and stuck to myself and go well, could we go up could it happen? Yeah, pretty sure I haven't even scratched the surface So hope I answer your question. I think we got a long ways to go No Could it be that rob was his love machine she sure and jumps in the pool and said well, it could happen Remember, I'll jump in this pool when it hits 100k Yes Atrophy We're all slow learners even myself Randy says should I take all my bitcoin off exchanges depends on what you want to do I learned I think we all learned our lesson didn't we If you were here for mount gox, you learned your lesson and you were harping on cold storage and we didn't listen and then of course the collapse of uh exchanges We all learned it And we learned it from Voyager. We learned from Celsius. We learned from ftx So now I would say yes, you should always do that I know some people will say what I'm a trader and I want to leave it on there. It's up to you I'm not your dad But I could recommend that you use one like this. I got three I have an ellipal I have a tangem And I have a ledger and he was all three of those Because I like to diversify even in my cold storage devices if you're looking to see why I prefer this one the most There's a link in the description And of course, it's an affiliate link if you can't stand affiliate links go right to the tangem. Hopefully you find the right site But watch the deep dive video and I explain why I think it's a period of all other ones Now it does have its drawbacks, but uh, I love it Works out pretty well It happens Let's see. Okay Oh, I will answer this Top indicators to stop to start selling. What a great question In 2021 Actually, I'll show you There's a link in the description. There's two links. I want you to notice Ah sweet marion joseph Under this it's a very bottom it says strategies This was my my my crypto exits my old one And what I really just did was I said, okay, here's some price predictions And here's some fractals if xrp to this it should do this a bitcoin this it should do that And I just kind of lay it out at 100 percent. It's okay at this price point 20 percent this price point 20 percent And some it worked out pretty well like cardano worked out great They had a fantastic bitcoin not so much because I thought I was going to go to 100 000 didn't Ethereum I thought I'd go to 10 000 didn't And some other ones didn't really work out too great But did a heck of a lot better than 2017 Now there's a video and I've been harping on this forever Why and when I'm selling 80 percent of my crypto and I want you to watch that video And in that video I'm going to talk about sell indicators one of those being And you can find this on Look at the bitcoins a free Free site The nupl makes things very brain dead easy Because you can see like when things are like a good accumulation time like wasn't this a great accumulation time November 28 2022 wasn't bad And now we're kind of creeping up in this area once again the red Might be an idea to think about maybe doing some selling. How about this one high cycle top It did pretty good in 2013 in 2017 and almost hit the very tippy top in 2021 I'd be okay if selling at 58 000, but okay and then also Time and risk bands Let's see if this will open up for me This is on ben site And you can take a look at different risk bands for bitcoin ethereum cardano vnb Solana and chain link and it's kind of used those to kind of evaluate what it is and there's a couple other ones So again, watch that video. I talk about all these things in the video and I don't just use just one I kind of run them all together. So there is uh, and you can kind of take it from there and Do your best Do your best work by doing your own research. Yes And is it perfect? No I swear since rob call out youtube i have to watch two fake ai crypto scans every time so You guys know about the fake ai videos, right? So in the description of all my videos now I said don't fall for this ai scam It's a quick five minute video. You're probably going to see him all day long, right? So just be aware of that, but there's this Let me see how you find it and then we got a aw3 shield.io And it was pretty cool because they're they're like paying in polygon Where to go for you to report scams. It's pretty interesting and then also what's cool about this one Is that you can rank uh different uh, ko elves or youtubers or twitter personnel or I guess you call them influencers And uh, you can vote on them if they are scammers or not Which I kind of I like that whole idea then people go there and be like, hey, what about this guy? Is this guy? But again, this is all just opinion. I thought it was interesting But yeah, they're actually paying people to report scams. I think that's pretty cool Let's see. Hey, um That 12 votes And I've got trustworthy votes 11 and I have one shady vote It's not bad. I'll take it A man gabriel. How's he doing five trustworthy votes? How about tommy tom? I don't know that is Here's miss teen Six trustworthy votes. All right first t om I'm crown Two trustworthy votes very nice crypto mom none and none I will give her an up vote And I got a lot of it. Damn it. There's always something to this. All right Anyhow, let's see Kampatsu says, how come one wall doesn't just support all coins? It's a good question I think the ones that can actually figure that out. They're going to be the super wall. That's going to do really well ICP wallet for icp. Let me take a look I know that All right. Oh I turn that on Internet No, it's not on Unfortunately, it's not on uh Tangent maybe it's on the ledger. This is why I use different ones so I can do these things So sorry making them out for sure Do you know pith network or pithe? Yes, I own some And that is in my tangent wallet Is there a max amount you keep on one wallet? Yeah, not really, but I do like to disperse things between the three Crispin says, hey Rob start a secret channel for those of us who have been with you through the dregs and let the tourists Fuck the drink there is a secret channel. I just don't talk about it. It's there. He's got to find it and it's not on youtube But I don't talk about it because I don't want a lot of people there and I Don't need the scammers. So if you find it Welcome in Wow Check out a vegan crypto channel. You're right. You're on top. That's nice Yeah, I try to get the point because that's right now. I'm kind of floundering Let's see anything else guys Let's get out of here. I don't want to take too much of your time. So look That's it for today Uh, if you like today's video thumbs up subscribe all that good stuff We'll see what happens tomorrow tomorrow could be fireworks tomorrow could be great and I could wear that stupid shirt So we'll see how it works out. I'd gladly wear it But thanks so much everybody for stopping by. I do appreciate you and I'll see you on the next one. Adios