 Welcome to digital asset news to get top stories in crypto and bring out a bite-sized piece today It's like the thumbnail and title suggest There's some corrections that need to be made and all kind of pertains back to yesterday's video So we're going to take a look at some corrections as far as the Voyager app Also, we're talking about price action of the Voyager token And then we're going to talk about a question I got from a subscriber Which talks about trillions and how the market can actually go up and how hard it actually seems to be when it's really not And then we'll talk about diversification and this is a just investment opinion on investment advice And lastly we'll talk about the dca show with uh me and james from invest answers in george from kurt wazara So we'll take a look at all those things but first let's take a look at what's going on the market. So today's sunday it's a pretty good day beautiful day and The market cap is up almost 2 1 1 half percent or so depending on what time you look at it Bitcoin price is almost 48 000 everything's up. It's a great day. I don't really concern myself with sundays I concern myself with mondays and tuesdays because those are usually the dump days these days. So I'm not going to get into the price action. Everything's up. Congratulations. We're all winners great. So what I really want to do is just get into today's Top topic top topic which was yesterday We had a it's a pretty good show We we we talked about uh the potential parabolic bull run and we took a look at the past to take a look at What's going on in right now in the present and what could potentially happen the future And at the very end of that show, I talked about some pros and cons Of the voyager app and you know, we talked about All these things and as far as how it pertains to the voyager users only in billy united states That's okay But new york and canada and everywhere else. He can't really use it very slow To get these things out very tough to get these things out. So we'll say that but at the very end I said here's one of the downfalls and I was talking about the cons and one of the cons I said was Hey, out of the 65 different assets that you can get on the voyager app only 13 You are able to actually transfer out and I said, you know, hey That is a that is a downfall and I said, you know, but you still get Interested on most if not all of your different crypto assets if you just leave them on there But it's your choice if you want to send them all out and put them into cold storage It's what I do a lot of time and then I put that out on twitter And before I know it Tons of people were just telling me how incorrect I was and I was Way off base and to do my own research and and how can you say such awful things and da-da-da Look, I'm human and people make mistakes figure, right? So I don't always get it right, but I make it right and for this situation Totally incorrect on that one and what I did was I actually deleted that tweet because you don't want to spread fud And go from there and then when people say you got to do your own research Well, so here's how I got to that conclusion So I can go to the website and I go to the blog post, but those are old I mean sometimes they don't put out a blog post every single day They don't talk about everything nobody really does unless you're on twitter And but this specific question I had which was how many of these assets can I actually take off today? And when I would look at the actual different assets The ones that I actually you could actually take off on the very right hand side It'll say either transferred not supported It'll say receive or send or send and receive And on the ones that I counted because I went through all 65 I made my notes and the ones that I just said hey only 13 of these are the ones that you can actually Take off and then it was uh made aware to me that you can only take them off And I'll only say that if you actually have them in there, so I won't tell you In advance of what it is It'll only tell you if they actually have it and then they said if you actually go to The app itself and you click around and you click on the limonito on the upper left hand corner It's your little person little icon and then go to transfers You can see all the different Assets that you can transfer off. So I put a tweet out said hey, guess what wasn't right on that one And I did a little video Which said these all the ones that you can actually take off and you can see in the very top here Let me see here. Let me blow this up It'll say send crypto and it shows you all the different ones and you can go through it And when you click on that it'll say you don't have any or you have enough or whatever else Which I think is odd because the other part only would say uh transfer not supported or send or receive and uh for those I'm just like well, you know I would think that they would do them both But uh whatever so I was wrong in that one and uh you can see there's like 35 Different assets that you can do which means in general that's a half of those you cannot so That is that part and that is what it is. So I will say that I don't want to spread any fud and go around. So I'll do a little correction. So hey Done. All right. So we have that and then uh, let's talk about Of course, we did the correction. Let's talk about the price action itself So with voyager the voyager token. I don't know if you can see that. Let me blow this up Voyager token is uh, when I've been talking around for for quite a bit of time and I've been talking about Voyager mostly because of the loyalty program and the swap and I actually talked about this in the pros yesterday I'm like, look if you if you're using voyager, why wouldn't you have at least 500 tokens because you get all this cool stuff Like seven percent seven percent staking one to three x crypto back 0.5 to 1.5 earnings reward boost on all the things that you keep on there And then 10 to 30 percent withdrawal discount, which is coming pretty soon. The debit card's coming pretty soon I like great stuff, right? And I just said, hey look, um, you know, I got 165 Voyager tokens, which are worth about 250 We're doing nothing just for leaving them on there and seven percent and all that stuff And then all the other ones that I have this was not everything So there is that positive but the negative you have to take it the good with the bad And I will tell you right now and uh, I don't think anybody can dispute this It is seriously underperforming. I think uh, nobody can say it's not So if we can take a look at this the rank right now is 555, which is amazing to me The voyager token is 555 When it used to be like in the top, I know it was in the top 100 I want to say that the highest that reach was like maybe 62 58 somewhere around there and now it's fallen uh amazingly uh precipitously it's like to say and Now it's at around 247 250. All right. So what the heck happened? Well, I will tell you this It's amazing to me because it actually reached seven dollars Back in uh, january or february and then it had no loyalty program It had no token swap. It had no plans to uh, go into europe and uh, their acquisition of Of the lgo or the uh, the french exchange over there and uh, nothing like that It's seven bucks and now that we have all this utility and they've added more Assets on there and they made things pretty easy. They have all about two million funded Uh different or a million to two million, uh accounts actually funded You would think that with the utility and the adoption And medcast or anything else it would go up the exact opposite happened So this is one of those things where i'm just like i'm dumbfounded. I'll just be honest with you and uh, I actually asked this question on twitter I just said what Exchanges do you use and why and people came back with a with a plethora of reasons of why they use different exchanges and As far as like americans and what it goes and I got everything from ftx to gate io To binance us to gemini to everything else and I can understand everybody's Reasoning but but to me i'm just like well, you know, I just look for teams and uh, how they do things and how they operate And the utility behind the token and sometimes things just don't make sense I mean if I can just take a look at the top 10 and take a look at dogecoin What the heck is dogecoin doing? Well, it's got a passionate community I'll tell you that and uh, there are some some instances where you can use it for uh, actual Currency beyond that I just don't want to see too much and void your token has the same thing You know passionate community and it has great utility and things that actually can actually be used and more things in the future But hey sometimes this things just don't work out right now and uh people will say a voyager is awful and whatnot Well, guess what? They said the same thing about cardano and had had no utility now we get smart contracts And things are doing looking pretty good guess and if people who hate cardano usually are people on the ethereum side Let me tell you about ethereum So ethereum back when everything was getting rolling 2015 2016 the same thing was said about you guys From the bitcoin maxis They said the only reason that ethereum is around is to take money out of bitcoin and the revenue and the profits That you get from bitcoin and put in ethereum it is a scam It is no reason for it to actually exist. It has no utility now And then for all you uh bitcoin maxis like yeah, that's right Well, you're not safe either because guess what in bitcoin when it's actually beginning it was everything awful And uh, you were I mean you were attacked by the gold bugs. You were uh, Attacked by sovereign nations. You were attacked by everybody and saying this is just a scam It has another rate. It's a Ponzi scheme and everything else. So before we just go I think we should come together a little bit and just not be so Judgmental on things and hopefully all of our Assets that we invest into can get a little bit further. So that is my two cents on that Let me just think about the comment section. I'm sure that'll be spicy and let's move on to our next piece Which was a pretty good question From a subscriber and uh, this was from yesterday's video and it states hey Uh, because we took a look at 2017 2021 and says, uh, I can't see the same type of parabolic bull run We had in 2017 purely because the volume of money required To increase by trillions rather than billions and it's a great point because back in the day I mean when we actually tried to go up, uh, you know in the market We're looking at, uh, you know 185 billion 200 billion to 840 billion nowadays 840 billion was the top of 2017 840 billion right now People would be crying in their soup and like I can't believe this is going down so far 840 billion but back then that was that was the biggest need that was everything right So when we take a look at how much it would take to actually move because we're around 2.2 trillion 2.15 Uh, it's tough to think about until we zoom out and I always Want to reference this because it makes a lot of sense. I think people forget Just how early we are and just how much money is sloshing around these little squares right here are 100 billion dollars Okay, so just look at gold every one of these is a couple billion dollars. Here's Here's crypto at 244 billion right now We'll add a couple a couple of squares in there right because we're at 2 trillion. But look at gold This is uh, and this looks like a lot, but it's not it's peanuts. Look at the stock market It's almost a hundred trillion dollars Of of money just sloshing around in there And uh, I mean just take a look again gold if we just take, you know, 25 percent half of that Aspect we are in a huge bull run now. We take let's say just 10 the stock market again massive Moneys apply global debt. Let's say we start to tokenize global real estate at, uh A measly 280 trillion dollars and of course we talk about global wealth. Jeez, sweet. Mary and Joseph. That's a lot Then derivatives, uh, you know puts options and all those things that's a quadrillion So when we have these questions about like well, how can this actually move? Zoom out because trillions ain't squat and that's really what it comes down to So let me know what you think about that in the comments and then the last thing I just wanted to finish up with is this is a quick video Diversification I know a lot of people are out there and again, I'm not a financial advisor, obviously Uh, but a lot of people will will go into crypto and they'll put everything in and uh, it works out sometimes My friend did he did that uh from the bitcoin family worked out great But he got an end the very beginning of 2017 But you have to remember and check out this video link at the very end He had done this before in 2013 and he had been an investor and a miner and everything else and he kind of knew Where things were going he could mentally handle this volatility. So When these types of stories come up, I always think to myself, I think people just need just to You know really take a look at what's going on. This is uh from yahoo news. Hopefully it's not fake But it's interesting and uh, I just say never put all your eggs in one basket What it's what it is is there's a video from the stockholder meeting meeting and says, uh This lady right here in the upper right or the right hand side She goes, I have nothing left to live for this is from Evergrande that That uh not retail they are investment properties properties commercial and And for the individual and they were going into bank not bankruptcy But they can't pay back certain aspects of loans Evergrande meaning descends into chaos as investors are left holding the bag It's a compilation video that shows desperate investors confronting Evergrande staff I mean the company's financial issues has gone viral. So people are investing they invested everything into it Like this lady right here and she was like, I have nothing to live for and I'm like, who does this Who does this? Why would anybody put there all their eggs in one basket? And uh, you know I know people say well diversifications for idiots and I think that comes from mark cuban mark cuban said diversifications for idiots and it was some Uh interview that he did and what he was really getting to was like I don't know why people diversify in the stock market because if the stock market collapses Then it doesn't matter if you're on uh amazon or if you're on tesla or if you're on whatever else There's all going to crash. So if you're going to diversify I think you should be in stocks I think you should be in uh retail. I think you should be in Some properties I think you should be in gold. I think you should be in you know, whatever else whatever different asset class that you can and even um Uh, mr. Wonderful. Uh oliri talks about that. He says like I've got eight percent in this and 12 percent in this And he said he talks about his mom. He said mom says diversify into different asset classes Not just diversify in one asset class So for this one to me, I just think it makes a lot of sense to diversify in those things like if you're in crypto That's great. Maybe we should start to look out not financial advice into Properties into other businesses into I mean even golden silver. I own golden silver I don't see why not. I don't see why the gold bugs are sold against bitcoin. They should get in that too And then also I'm trying to branch out into uh art and I'm trying to work with masterworks I just took my call where you invest into not tokenized but fractionalized share Of artwork. There's a link in the description. You can check it out But I think that the more you have as far as across these areas the more safe you are And I know people will say you're a moron because you should only be in crypto You can do that My goals are not your goals. This is just what works for me. And that's it. So look, uh, that's it for today Just a quick video also, uh as a reminder tonight Or maybe uh in the afternoon, excuse me We're gonna be doing uh the dca show me, george and james best dancer and cryptos are us just going over What things happen over the week where things are going and uh link in that in the description But that is it for today. So if you like the video give it a thumbs up. I really appreciate it All sincere subscribing time sensitive all that good stuff. Enjoy your day. Hopefully we see a good monday, but we'll see Anyhow, that's it. Thanks so much. See you in the next one