 It's hard to have perspective when the market is so boring and moving sideways, but there are some bright spots And today we're going to take a look at where we've been to potentially see where we're going But first let's take a look at this atomic Wallet update now yesterday we did a quick video and we talked about the atomic wallet and the hack that is going on It's a very it's a very strange case right now And it seems like not every atomic wallet has been hacked or has lost their funds. It's just specific wallets and Not everybody has had their funds drained completely. So there is that positivity on that but There are some issues going on and first of all atomic crypto wallets Their Twitter accounts said yesterday we received reports of wallets being compromised blah blah blah blah whatever and You would think that there'd be like updates throughout the day, but no they just did an update this morning So 24 hours later. They said update The investigation is still ongoing and a joint effort with the leading security companies Team is working a possible attack vector So we know right now that there may be some issues with this update that they did But it's not solely just on the updates. There's something else going on Support team is collecting victim addresses reaching out to major exchanges and blockchain analytic companies to trace and block the stolen funds additional instructions To anyone impacted only contact via supported atomic wallet. Oh, please be aware of fake accounts So if you notice that if you're on Twitter, you're gonna see a bunch of fake accounts go and contact me because we can help you now Just give me your private keys. I'll make this right so stupid, but that's of what's going on and then on top of that We know it's not just a small issue of just a glitch on the app Zack XBT is Saying That he is actually collecting It's now over 200 different people that have contacted him and gave him and given them The actual hash or the actual wallet or the actual Ethereum address where these transactions are occurring and it's not just 2.8 million As it's as it's moving forward. It looks like it's over 40 42 million dollars that has been lost so Again, it's not just a small little glitch and then but there's something else going on which is quite strange This is from secret Asia man He says I because he said hey everything just reappeared and I said so funds are just magically reappearing goes Yeah, a friend of mine had similar problems with his assets on atomic disappearing customer service helped him sort it But to me, it's unaccessible. Nobody should have a stroke because atomics wallet doesn't work right blah blah blah So apparently there's something going on with the app for this update, but there also are people losing funds and I'll just remind people that I don't care what's going on with atomic wallet if it's me I'd move it off. It's better to be safe than sorry and Somebody wrote me and said hey Rob. I just want to say you warned me about Celsius I moved most my crypto out of sales into voyagers the neck of time Then you warned me about voyager So I moved most of that to the atomic wallet got your warning last night about atomic my largest whole name speed didn't make it But I'm moving everything what's left in my ledger. Thanks for all the warnings nearly escaping a return I thought holding was safe to was supposed to be boring. It's not so that is what's going on in that little piece but let's move forward and talk about Some positivity so I wanted just to take a look at Where we where we are in our in this cycle and potentially where we're going now, obviously when we take a look at the four-year cycles, I thought it was all the time and Not to say that this will hold up perfectly Who knows all models are wrong and some are useful, right? But we can see that it seems to go in four-year cycles There's all having all-time high a dip and a reset then we'll have a having all-time high dip and a reset it's happened 2016 2017 and We just had it again. We have a having then we had an all-time mine 2021 No, we had a dip and then a reset we're going with that right now And I think we're gonna go through it again. I know for a fact 100% that we will go through a Bitcoin having I don't care what happens in the world. That's baked in the cake Every four years that happens somewhere on April or May of 2024 that's gonna happen The real question is will we see an all-time high and what I want to do is just to see like Where we're at in the cycle because to me in the cycle itself We're in the reset year for two years after the all-time high the last Reset year was 2019 because 27 is the all-time high essentially That's we're at 2023. So I want to take a look at June Between June 2nd and June 4th 2019 and where we're at right now and what I want to do was just compare Because back then I did a couple of videos about exit strategies. This was my old exit strategy there is actually a link in the description and It looks like this all crypto exits old you can find this chart these graphs and what I did and what I screwed up and what I actually got right and I'm just gonna take a look at six cryptos or digital assets Ethereum chain link Bitcoin Eos Cardano and theta that was what the original thesis was now as time moved on I bought a lot more different cryptos, but for this one. I just want to show you what that will look like So here's what we have what the heck is that? Ah, there we go. So Bitcoin right now Is around 27,000 on June 2nd and put this together a couple days ago and If we can see I move this out of the way So on June 2nd 2019 We were at 8,006 79 wouldn't that be awesome Wouldn't that be awesome if we were at 8,600? Let me tell you when I was investing We're on dollar cost outing by still do $8,600 you were kind of scared to do it because we had we had topped out of 20,000 So we were down more than 50% and actually we went even further in 2020 for the pandemic. We had around $5,000 but On June 2nd Bitcoin was 8,600 Ethereum was 268 chain link was less than a dollar theta was 14 cents Eos for some ungodful reason was $7.60 and Cardano was 9 cents It's pretty good But if we jump forward to June 2nd, which was two days ago I Think we're we're way ahead of the curve Bitcoin's 27,000. That's you can see right here the The column that's about a 3.1 X From where we are in the cycle again assuming the cycles hold up Ethereum was 268 now. It's 1888. That's a 7x from where it is chain link is now 638 roughly Theta is 83 cents Eos is the only loser Sorry Eos. Sorry Beardy At 90 cents and Cardano was actually at 37 so you can just see that as we get a little more a little more risky Things start to go up except for a theorem I find that quite interesting actually now they look at it Ethereum 7x up over what it was before So then the question then becomes okay, so that's where we're at right now How does that look for an all-time high and the gains from there? Remember in 2019 8600 the all-time high was Almost 70 grand November or something around there Ethereum all-time high was 4,800 chain link was $52 theta was $15 Imagine that it went from 14 cents to $15 Eos and this is all around April to November 2021 except for Eos Eos went from a 760 It's all time I was 2271, but that wasn't in 2021. That was like 2018 2019 So it just goes to show you which is this the things that you invest into they're not all gonna pan out You're not gonna make it. It's not gonna be you're gonna be bad a thousand especially in investing So I hope you understand that there's gonna be some losses You're gonna go through these hard times and it's not like you're gonna shoot for the moon and always hit the stars every single time You're gonna screw up things are gonna work outright, but it's okay. It's the resiliency that really makes the investor whole I think so Now let's take a look so From the 2019 To all-time highs So again on this date on June 2nd 2019 it was $8,600 all time I was saying that's an 8x Roughly, yeah, that's about an 8x And then Ethereum at 268 to 4,800. That's an 18x Again as we go down that list to see which ones We're investing into the lower down and market cap the riskier becomes But there are some payoffs Chain link The all-time I was $52 52 bucks that's a 54x from where it was at 96 cents Theta was the big winner Theta was the big winner. Theta was my big winner And I was investing all this time back then 14 cents to $15. That's 112x Eo760 That was my big loser honestly because in 2021 it was not 22 dollars. That's just it's all-time high Actually in 2021 I want to say it was around five. It was actually I was a loser of a deal And then Cardano pretty big win nine cents All-time I was $3 that's a 34x So again, we're just taking a look at where we are in these cycles 86 27 We're actually everybody's ahead except for egos. Sorry So that would kind of bring me to this one here And I don't like doing these things But and this is not a price prediction. So just hold on don't start Don't start saying oh, what's going it's going to this price. This is just if we went From June to the next all-time high and did an 8x So from here The price of the day is 27,000 times 8x. You're looking at a 215 thousand dollar Bitcoin in 2025 If we're gonna hit that I'm not saying we are I'm just saying these are the numbers that it comes up with Ethereum and 18x 34,000 that seems ridiculous chain link 350 theta 93 dollars, I'll take it Eos a whopping 269, which I think is nothing for it is and then Cardano at $12 That's if all these numbers hold up, but we know they're not gonna hold up. I don't yet that can actually happen I I just I just don't I mean Well, maybe you could but let's be reasonable because there's these things called diminishing returns and There's a website that I steal from every day It's from Ben's into the Cryptoverse and this is where I get all my data when I really just want to just sit back and Think about where things are going and especially not just the crypto But with the macro parts and I get to see not just unemployment rates But I can see a lot of different things on on real estate was retail and commercial some different M2 money supplies M3 money supplies everything that I really want to do and then compare that to crypto It's all right here and this is where and been Ben took a lot of a lot of a lot of pain for his extended cycle theory But it doesn't make sense made a hell of a lot of sense actually This right here in blue. Let me see I can blow this up. So this is cycle one This is from the bottom Which was 2010 to the top of cycle one 2011 which is kind of a weird cycle, but whatever It took 245 days. This is what we're most most akin to mark market cycle two three and four. So two is in red so This started in 2011 And then it hits all-time high in Let's start with three in 2013 It's a 744 days so from this cycle one To this cycle two It took a heck of a lot more days and then cycle market cycle three, which is in orange Because we didn't have this green one yet. So just hold on that wasn't even around It took a thousand days. So you went from 233 days to 740 days To a thousand days you can kind of see where Ben got the extended cycle theory, but it didn't Something happened right here Which invalidated it and then we'll even admit he's been admitted many times This this isn't it's not an extended cycle theory, but there is one thing that is true and that is That there are diminishing returns and you can just see right here in this first cycle pop-up pop-up pop Market cycle one ROI 583 X that's pretty good market cycle to 502 X Market cycle three is around a hundred X 100 X and then market cycle for the one we just got out in 2021 was roughly only a 20 X See one from 500 to 100 to 20 that's roughly a fifth of what it is But there there are some things that just didn't add up During that last one one of those was with FTX and three I was capital playing three-card shuffle Monty and Saying that they bought up Bitcoin when they didn't buy any Bitcoin whatsoever They just took people's funds and essentially was a Ponzi scheme. There's that There was a lot of things that were going on three hours capital and all the different platforms out there that were just greedy Bastards all over the place and just kind of screwed everything up. I'm not saying that's what happened, but it just Something was very fishy with the last Cycle just that's that's how I see it. However when we take a look at this Coming back here. So let's just take a let's just say this Let's just cut it by fourth by a fourth instead of saying it's going to be an 8x Let's just say that maybe it won't be 258,000. Maybe it'll be a fourth of that So maybe the next all-time high for Bitcoin won't even hit the 69,000 mark I'm just playing devil's advocate here because every other place will only show you that This is gonna go to the moon. This is gonna be awesome and we're gonna hit everything and trust me bro Which is stupid you have to kind of think of and look at this and go maybe this doesn't really pan out You mean you're an investor This is exactly how it is you have to take a look at and say maybe things aren't gonna work out too great So let's just say for example The returns in 2025 are a fourth of what we think it could be So That would be only 53,000 Which wouldn't even be the all-time high in 2021, but here's the thing We are at roughly 27,000 roughly That's double what it is now Where else can you do that? Can you do that in the S&P 500? Can you do that in Nasdaq? Can you do that on forex trading? Well, maybe you can if you really gamble and play hard and and max out everything and you know go long and and just Just use a ton of leverage I suppose But maybe it happens, but you double your money. That's not a bad deal And what if we went from 1888 for Ethereum and we cut that by a fourth that doesn't hit 34,000 It's only 8,000. That's not too bad. What about chain link and it's at $87 today. It's at six bucks That's not too bad How about theta? Theta right now is that under a dollar and it goes to 23 EOS. Sorry. I don't know if that will come back Maybe EOS will flip Bitcoin. Who knows I have no idea Not to get beardies hopes up, but let's just say it doesn't do that It's 67 cents. It's just a loser you'd be lost and maybe Cardano hits its all-time high and goes a little bit over That's diminishing returns by a fourth of what it is and that could happen Or a six or whatever else it is, but you're still gonna be up. That's that's the great thing Now let's take a look at this. Maybe a little more realistic Let's take those instead of like we get an 8x for Bitcoin. What if we just cut that by half? Maybe Bitcoin's a hundred and seven thousand This is what I thought Bitcoin was gonna do last time and I was wrong So who knows but if we just take a look at diminishing returns and we X out all the the nonsense that was going on in the in the market and the Ponzi's if we do it This maybe a thermos 17,000 175 They have a 46 EOS a dollar and Cardano six bucks. I'll take that So when I take a look at these things, I think it could happen however, a lot of people will quote this Robbie don't understand in 2021 it was a different time 20 only five was not gonna do it and one of the the things that we take a look at They may say this we've never been through a war. We've never been through a recession And this was 2020. We've never been through a global pandemic. We never gone through a regulation crackdown And we've only gone through quantitative tightening Or excuse me quantitative easing And we've never gone through quantitative tightening and bitcoins never gone up. Well, first of all, let's be honest about the wars And I've talked about this many times. Yes, there's a Massive war raging in Ukraine. Maybe we're on the precipice of a war with China. Who knows? but we've been warring With Afghanistan and Iraq America has And there's been wars raging all across the globe. This is nothing new Recession, well, we went through a recession. It was a very short one with the pandemic When COVID hit 2020 we bounced right out of it, but we still went through it little pandemic Obviously, we've gone through one Regulation crackdown. We're going to that right now how many different Documents and choke point 2.0 and and Biden administration reports come out that are really cracking down we're going with that right now and as far as like Quantitative we've only gone through quantitative easing and not quite that's not true Here's the M2 money supply. Let me reset this zoom And we can see that yeah from okay, you got me on the 1960s all the way through we've done nothing But print money, right? But then we hit this top right around The money supply was 21.69 trillion in march of 2022 Then 121.678 it doesn't just go this one on july 2022 The M2 money supply was 21.704 Then 21.66 Then it was 21.4. You see I'm going we're tightening. We're not printing money Now we're down to 20.67 trillion So the whole argument that we've only gone to quantity is totally untrue And then let me go here. So that was in july 2022, right? so june july We were at 20,000 for bitcoin And even though we were tightening It was pretty bad. I mean we hit 15,000 But didn't we go right back up at 30,000? As soon as as we were quantitative tightening and now we're down to 27 So I know I we hear these things You know, this will never happen. But I think we've already gone through it and I think we're Actually in a good place to be So that's my little spiel. Let me know where I am wrong in my Theories here and not to say that let me make this 100% crystal clear those price predictions There's they're nowhere close. It's just that is essentially me Using some numbers for a crystal ball and I don't think that's actually gonna gonna make it I can't say what it's gonna be But I can say if we take a look at where we are at in the cycles And so for those four years cycles have lived up We may extend a little bit. We may not but if we take a look at Where we were at four years ago to where we're at today, we are far ahead and that's it for today So look if you like today's video give it a thumbs up consider subscribing Uh That stuff with atomic wallets and everything else is going on you should subscribe to somebody again I don't give I don't care if it's me or somebody else just get your news from somebody and try to keep abreast of the situation This is not a set and then forget it place. I'm just trying to protect you and that's it