 Mm-hmm. Great. Welcome to July set news to get top stories and crypto and bring out of bite-sized pieces today Just the thumbnail and the title suggests there's something going on in the background And really what it looks like is that there is a mass recovery of Bitcoin being taken off exchanges This is the second day in a row so we're gonna take a look at what potentially could be going on the background and Some different things that might have led to what is happening right now So we'll take a look at crypto being taken off exchanges We're gonna take a look at this EU vote which I have to tell you take a look at the language and what's going on It seems to be Blown out of proportion that what people are talking about and lastly we'll talk about El Salvador and the Bitcoin bonds And why the world is watching and why I think this is one of the bigger stories out there And why I think this could all play into what is happening globally So they look at all those things and at the very end will do a Q&A five questions in five minutes We'll go from there. But before we do that Let's take a look at the market and what's going on. Also, if you're for the live stream, good morning Welcome daylight savings time. Whoo, everybody loves that stuff here in Puerto Rico doesn't move. It's just that's uh, you know You guys move around the world. We are the same thing Atlantic standard time So just you know if you're watching the replay, there will be timestamps below as you can jump forward Do whatever you want to do and if you're looking to learn more things go to Dan teaches crypto comms 100% free website Mater for you is free always will be free. So let's jump right in shall we actually before we get into the market itself I just wanted to make mention of yesterday We did a live stream and there was a portion that didn't come out because it was a pre-recorded Interview live interview when I had my friend max here from Puerto Rico So I re-uploaded that video so you can watch it without the audio issues and I will link that the very end But it's pretty good. It really just goes to show you just how screwed millennials really are I'm sorry to say when max came here and told me all these things. I'm like, man You guys have very little options, but it showed me a couple things first of all one of those have really no options almost and cryptocurrency is gonna be big and crypto and digital assets will be big Gen Z Millennials, it's all gonna move that way and just by listening to max and the thing that he has as far as like job Hopping and things like that that opened my eyes to just where we're going I think we're all in the right place at the right time not financial advice just financial opinion and That's what we got. So let's jump into the market I'm not gonna go over this big time, but I always like to hit the refresh button to see where we're at This is what was yesterday. So I'm going with the refresh. I even I don't even know. Yeah, wow Wapping down point two percent. Nobody cares. So we're pretty much stagnant I think people are just holding the breath to see what's happening. If there any big winners or losers Tara again 6.3% man, I gotta tell you That's the one I'm glad but dollar cross avenue for quite some time. It's actually worked out pretty well There's some I'm missing. I can't catch them all. It's not Pokemon But I think there's a lot of things out there that could potentially do better But I'm not a big gambler. So I'll just stick with that. So that's what's going on the markets It's sideways. We're I think everybody's a little bit scared and I think it's it comes down to something like this A lot of people are taking their crypto off exchanges This is like the second or maybe even third day and if you can take a look here, I use crypto quant is a link in the description Reasonably price place we can get on chain analysis and this is on my dashboard things I take a look at one thing they take a look at here is This one called exchange reserves. Let me blow it up. I think we can see here. Okay So for the exchange reserves, I mean you can see people are making a big hubbub yesterday because we were at a Three-year low as people were taking their Bitcoin off the exchanges What does that mean when people take their Bitcoin off exchanges? That means they don't want to sell it And then the inverse is true when they try to put on their Bitcoin Or they take their Bitcoin and put it into onto the exchanges. What that usually means is That they're gonna sell like crazy and the exact opposite is happening. So people it looks like kind of that people are Trying to hodl and then this just came out today. This is from glass node Where we saw an even bigger lump of people taking their Bitcoin off of the exchanges that means that the price action Should either be stagnant like we just saw over here Or it should lead to a little bit of price appreciation because there's not as many Bitcoin on the exchanges itself So what the heck? Why is this happening? What is going on? Well, there's a couple reasons and we'll get into it that EU vote Which I think is not as big a deal as people make it out to be and also some volcanic bonds and probably some other Macro events like the Fed coming in a bubble and all that stuff, right? But I'm gonna tell you why in my opinion that doesn't really matter. So there is a couple things to be aware of That that are concerning to me as far as like price action goes This is the estimated leverage ratio on crypto-quant If you've been on the show for a while, I'm not a fan. I am not a fan of Leverage plays, but that's that who cares about me. It's not about me. It's about you And if you're out there doing leverage plays, you're making a boatload of money shorting Bitcoin Congratulations, that's your job as an investor to take care of your family, right? It is what it is. We're in a free market. I'm not gonna complain about that. That is what it is However, I will see that it gets concerning to me these leverage ratios You can see that there wasn't much leverage going back just 2019 This leverage ratio of anything above 0.2 is like massively high You can see it's pretty low here Now we started to get the buy bits and the whatever else is and then you can see that We are almost at an all-time high over here of a leverage plays meaning that people are going You know what? I want a TEDx. I want a 25x 50x maybe even 100x my position And I want to either go short or go long on Bitcoin and just real quick Let me bring this up a lot of people will say well, who would short Bitcoin? Let me just show you in all honesty If you take about look at Shorts and longs. Let's see if I can bring this up Yeah This is total liquidations across numerous exchanges And I want you to notice them to see these were things getting liquidated These are all the longs that got liquidated. These are all the shorts that get liquidated So just and I've said this many times when you take a look at this Who do you think's getting liquidated more? Is the people who have over exuberance on the market and want to go long or is the people that are pessimistic and go You know what? I think I can do some really damage here and make a lot of money to me personally when I see this I'm like, hmm, I like the shorts getting liquidated too much and you're making a lot of money Maybe here not so much maybe here, but overall generally The shorts do pretty good now am I telling you to short Bitcoin? No, and I think at some point It's kind of like gambling when I live in Las Vegas is the same thing I'd be like, how did you guys do with the table? Great. It made 25,000 last night. Wow. That's pretty good How you doing for the year? I'm down half a million, but 25,000 last night was awesome I think that as time goes on at some point people will get wrecked But that's just because me I don't do that But if you want to do it it's up to you, but it's just amazing to me that we are so high in leverage positions and that Usually leads to some pretty big volatility. Also, I want to make mention of this This is net unrealized profits and losses I mean if you take a look at all the different wallets out there to see when Bitcoin itself just Bitcoin was bought Anything above zero point zero means That you are in profit and we can see right here that times that people were not a profit wasn't that many times Here's March of 2020 remember those days coronavirus. I don't know if you heard of that But it was it was a big deal and then December 18, 2018 back here, but you can see over here. There's still a lot of people in profits So I know if you just got in statistically around 2021, you're like who the heck is that? That's people like me who have been in here for a long time and just have dollar cost average And don't really give a damn about the price. What's going on? That's that's where it is That's the lion's share. I think of what's going on So if you don't like the price, I'm with you in 2018 I was the same way as you are and if you don't like it Just stick around because it's like the rain in Puerto Rico. It'll change in like five minutes And here's another thing just to just to wrap your head around real quick. I love this one this is from Ben into the crypto verse and this is why Like when I talked to max that story we talked about as far as with Millennials and things like that where things are going This is his this is his website and it's app dot into the crypto verse calm I put it in the description It's one of the last links that I have and it's not affiliate link. I just that it's it's an I gotta tell you it's an amazing website and What I like about it. Well first, let me show you this I'm getting ahead of myself so this is total crypto market cap and trend line and People like well, what is it this this chart shows a total crypto market cap with logarithmic regression lines The logarithmic regression lines follow formula y equals 10 a times ln x minus b whatever so that's Ben's or actually, I don't think it's Ben's from I think it's it's a generalized formula He does use his own formulas in here and Ben if you don't know from into the crypto verse He's one of the guys that I watch we're also the DC a show He's also has his PhD in nuclear physics. I believe so not a dumb guy and What we're talking about here see this this red line this fair value because over time it'll go up and when I'm what I'm pretty Excited about which is not really exciting if you're looking to get rich quick tomorrow and dogecoin is that you see this fair value Market of 1.42 trillion. That's the fair market value and really we're above that 1.8 I think 1.8 trillion, but what's amazing to me is and I want you to think about this in traditional finance in two years if you did in the S&P 500 The returns aren't that great. I mean honestly, I mean and then they're gonna go down I mean the last couple years have been pretty good, but maybe around, you know Like statistically it was like 22 23 percent. I think it's gonna drop down to 10 12 percent Hopefully, but over two years if we're looking at the fair value just the fair value Let's see 2022. Let's go to 2024. We've doubled. We're at 4.18 By 5 3 yeah, I mean more hopefully yeah, so like I mean this to me is like Granted it's not the 10x that people want But if you're looking for some really great returns and just in two years and you could double your money And that's just to say at fair market value That is nothing to do like if the US comes out and says here's regulation or if Tesla starts buying crypto again Or if this volcano bond takes off well, you're gonna see that that Even today we're at 1.8 trillion We could go all the way up to this upper band and that's what I that's why I love about this is take a look at it Because it's like well this gives me a little bit more sense of where to go and take and think about the long term instead of just Like going yeah, you know what's going on today, and how's my portfolio? That's not that's not the investor play That's the that's a trader play, but I'm not one of those guys and then also I like this one here Oh, actually, let me show you one real quick thing about this website, which is funny So like not funny. It's cool. It's so on everything that he does There's a video and you can watch the video and he explains exactly why It is what it is and and his thoughts on on why it goes and it's very well laid out so I just want to give a kudos to to Ben and It's funny because it's like this one's the beauty of mathematics part 18. I'm like Only been and there's one more thing here that I liked That I can that I can show you because I can't show you everything This is this website is a paid website. Just you know, I think it's like a hundred bucks a month But I mean there's so much great stuff in here again I don't it's not affiliate links just great website again. You have a watch video here why this is but here's the historic risk levels So like if we're looking at where did say here This chart is used for dynamic DCing when the risk levels are below point five and closer to zero You can choose to increase your buys potentially when I like look at this like if you look at the risk level right now, it's a pretty low risk because I mean, even though we're above a little bit of the fair value I mean the price action has been just so stagnant for so long and you can see like as the price increases I mean, here's the risk level and we can see it topped out at December well 2017 I think we all remember that and then I went up here and then of course the price spikes but there is Just because these are here doesn't mean they're like the end all be all because like look at this one in January 2021 you were at point nine, which was pretty high for a risk level number one is like the max and the price was like 40,000 and that was in January 2021, but in February it went from 40,000 to 56,000 so if you just would have stuck around for a month even the risk level is high You've been like you have seen some pretty big gains, but again, it's all about Time in the market is more important than timing the market I just appreciate the effort and work that Ben put into this and it's a great website to check it out so that concludes that That whole part about you know Bitcoin being taken off exchanges and what's going on. I think it's it is a bullish sentiment But again, no one really knows normally knows there's so much volatility that people like well Maybe I'm gonna do this and just just kind of see where things are going I think it's way into two things One of two things there's more there's it's never just one or two things But this is what it comes down to The EU vote so this is what's happening here. The EU's crypto bill Digital assets heads to a Monday vote without without a proof of work ban Everybody was up in arms about even me. I was like, hey, you can't just ban proof of work That means you can't have miners in the EU that would be not good. I mean it'd be good for Texas My home state because guess what? They're all coming So if they wanted if they want to make that mistake like like China did Fantastic have funny you we'll take all the miners over here in Canada America Central America, I don't I don't care. All right, so this what's going on This is again March 14th at five in the morning language that took aim at banning proof of work coins across the continent is Notably absent a finalized version of a major bill in the EU which ignited controversy Over its targeting of the cryptos industry proof of work and sets the mechanism is expected to do a vote on Monday Actually, it's going on right now over there So under paragraph 61 90 previously. This is what it was previously sought to establish a framework prohibiting Crypto services from utilizing proof of work mining like on a Bitcoin Ethereum base crypto like Bitcoin here okay following considerable public outcry for people like you and me and Condemnation of the bill for a potentially blending financial innovation across the region the rule was postponed indefinitely on February 28th That was good news. However The document still states that crypto assets shall be subject to minimum environmental Sustainability standards, so they took out one language and they stuck in this stupid language shall be subject to minimum Environmental sustainability Standards that's the whole thing that they want if you're gonna ask me How can you? How can you do that? How can you say well? There's some in there's some some minimum environmental standards It's like going to a housing project and going you know what we're gonna shut this this this housing project for this for this Six unit condo whatever you're doing because it doesn't meet the environmental standards for the house Well, where are those? What are you talking about? What what are the standards? We don't have those but we need you to hit those standards. What are you talking about? So like when I see the the the the language here I don't think this written out exactly what the standards actually are So I think even the decent lawyer could come and I'm like you didn't put in the in the bill What exactly does that you want as far as the minimum standards are the minimum standards that? You want it between a certain percentage of the kilowatts per hour or the amount of electricity that's actually used or do you want us only to use? Renewable energies 50 percent 50 percent of non renewables. What are you talking about? So like when I see this thing? I'm like I Don't get the language here Unless it's just something to just throw in there and be like okay We gave it to you people, you know the people that are complaining about the proof of work So let's just move forward anyhow off my soapbox. So Unstoppable Unstoppable finances had a growth Patrick Hansen pointed this out rightfully so Hansen argues that while the warning related to proof of work has changed the effect is essentially the same Existing cryptocurrencies shall set up and maintain a phased Rollout plan to ensure compliance with such requirements again. I don't know what the requirements are The bet the Bitcoin network is highly decentralized governed by social consensus and blah blah blah The moderately more crypto friendly language is the version of MICA likely to pass out of the committee vote is a marked improvement Over the original tax which pretty much banned proof of work. So again I think this might be blown out of proportion The original language was shot down on February 28th Then there's some kind of ambiguous language right there People get scared and then off we go and I got to tell you the more that I'm into the markets The more I realized that it's not a very sane place I think there's a lot of knee-jerk reactions and people like buying and selling because of the astrology that's out there and Dark moon is rising and then I saw that the tides were coming in I just I feel scared someone to sell or I'm gonna buy because some guy and there's a bear and there's a riddle And that's really what I think a lot of the markets go to anyhow Much thing about that in the comment section because that's what it seems like. Let's move on to our last piece Which I think is is a bigger thing macro El Salvador volcano bonds, so This is Interesting and I want to I want to jump back to Ben's Total market cap and trend line in conjunction with this story because it's fantastic So El Salvador is long away to Bitcoin bonds are scheduled to be launched this week as a Central American nation goes all in on Bitcoin That sounds good. I like that. So what's going on here? So the timeline For these volcano bonds is is between March 15th and 20 However, geopolitical events such as one Ukraine may affect the schedule What is this? So the 10-year bulk the 10 year wow the 10 year volcano Bitcoin bond is a vial apart Elvel Salvador's economic revival experiment which it hopes to raise a billion dollars. I think they're gonna hit that The income from the bonds is to be split into buying more of the asset and funding a Bitcoin city near the con Conchagua well nailed it okay in the law union region in the country's southeast so 10 years So so bonds work like this governments want to raise some money they say here's a bond We're gonna pay it back and we're gonna pay it back with interest because we're the government you can trust us and El Salvador's like well, we're gonna do a bit of volcano Bitcoin bond based on the volcano electricity use that we're gonna get to make Bitcoin miners Funny electricity, and then we're gonna give you interest on that. It's gonna be pretty good over 10 years Over 10 years over 10 years just real quick just to take a look at that Like if this was a two-year bond I'd be a little bit kind of like well I don't know because I mean you could you could go below that and not make it out because I mean look even back here And this is 2020 2019 2018 it the the fair market value of Bitcoin did fall below that right? But as we look into the future Logarithmically things just go up now. Could this all collapse and go to zero? No Could it collapse and go to like a thousand maybe I guess never to zero I don't think that could actually happen. I think there's someone that's gonna buy a Bitcoin for a penny Just guessing but if you take this over 10 years, I mean That's a bond that I would invest into I Mean do you want to invest in any other kind of government function bonds? Bonds are dead So when I see this I'm like this makes a lot of sense And I think the people who are nervous is like the IMF central banks and Governments like wow, I mean if that happens, what about our bonds? Our bonds are nice Our bonds are okay. No, they're not So the big Bitcoin bet a former president of El Salvador central bank Carlos Asevedo said that a lot of doors would close if this is a failure, which he is true Adding that the bonds issuance is going to define a lot. Yes, but I think again just moving in 10 years I think that's a pretty smart play. I like these stories one such investor Hoseu payes payes the owner of an El Salvador tax business that accepts payment Bitcoin Said he plans to put about 200 bucks in the bond when it launches this week. Remember, this is El Salvador I mean, you know the average meeting income. I think is around 1416,000 maybe even less per year he states number one. I'm gonna do it to support the country I like that. That's a great way to to to get into it number two because it's a big attractive bet If you got pride in your country, you're gonna go big or you're gonna you're gonna be more susceptible to betting or Investing into your country where you live so I can I like the the optics on that Since the country made Bitcoin legal though Around six months ago in September the asset has declined 28% from a price of just over 52,000 the 7th of that month to around 38,000 today You know, I got to tell you something and then that takes it makes care of the news You know, we all talk about the four-year cycles and Where we thought things were go. It is just amazing to me that a country made Bitcoin the legal tender And then things were going just great and all of a sudden just kind of fell off I mean we had four-year cycles before 2000 9000 1213 then we know 2014 2018 and we took a look in 2019 22 and It was just amazing to me that this was the only cycle where it didn't really work out like that Now if you leave my Ben agrees or believes that there is a Extended cycle theory sure, you know, but it's just amazing that we had this one country The IMF wanted to give them a huge loan and they said no, we don't want your loan We're just gonna invest in Bitcoin ever gonna do these these volcano bonds all of a sudden just kind of invalidated and Things just kind of went sideways. It's like they didn't want the country to win. Well, that's my thoughts All right, so that's random rambling. Sorry so much, but that takes care of today's News if you like today's video give it a thumbs up all consider subscribing Let's talk about our time sensitive and I take care of it for the news now Let's jump into five questions in five minutes and we'll get the heck out of here. So Here we go. Ah, there we are The great reject. That's right Let's see Dez is always here does. Thanks for coming by Jelly beans information the government I find it straight to no one's asked them yet. Yeah, me too And then also there's like a 30-second delay. So like when I always ask for like Questions people kind of get into a little bit. So let me just look back and see if I missed anything and then yeah, so 1994 Rainmaker multi-verse streams multiple Says the mp if about the crypto collects is out there and I cannot believe you guys still think this is awesome It's just like fiat not back. Yes, so look You know Bitcoin is like people will say well Bitcoin is it's not backed by anything. That's true But it's it gives value because we say it has value. Also, it is the most secure network on the entire planet So if you want to do anything as far as like security goes, why wouldn't she just do it on? Where it has the most essentialized and the most safe and the most secure because it's like over I want to say 20,000 nodes now. We even have a node in space. I don't know if you knew that It's on the ISS. I believe Correct me on the comments, but I know it's in space So, you know, we have if you want to do things and an issue certain Me even bonds even like the city coins. I wouldn't just do it on Bitcoin makes sense to me America You dictatorship is crap. We're all corrupt man. That's if you don't think there's no corruption. Just wait a bit You'll see it. Oh shoot Okay, I can't put this up but Solomon the holder. Thanks so much for the super chat Love from India Rob Love again, you know India my My Amazon business for it's not dropshipping. I just do FBA off the phone by Amazon where I Talk with different suppliers India's become my go-to place I do not use China anymore and India like everybody there is great. They're super responsive and they work super hard I think if if it all comes down to it I Would think manufacturing will move from China to India. They're fantastic anyhow Solomon says I was wondering if Bitcoin supplies dwindling And the miners are not selling. How does the exchange of the Bitcoin? Yes So this is a good question and I'm gonna come down to see if it's still up great Gotta sign it again It's the only part about crypto quantum on a fan of So let's take a look here at Bitcoin miners outflow meaning when when miners sell So there's two questions are the miners selling and where's the Bitcoin come from if they're not good question So so so so this This looks hilarious this in green Let me this is Bitcoin miners selling. This isn't to 5th December 2011. Let's just get rid of that. That's just noise That's crazy Let's look from 2017 on So you can see here that in the beginning in a world There was a lot of selling for Bitcoin miners They're like, well, you know, I have to make profits and and I got to pay for the rigs and then there was a big jump here I think this was because all this wasn't this was not March So here jaren 2021 there was a big sell-off and because a lot of miners I Correct me in the comment section, but I believe this might have been around the time Now it was over here China banned Bitcoin yet again and the miners moved out. So these two two parts When the price went down, boy, there's a lot of miners. Maybe it was a relocation issue Kazakhstan China Not for sure then over here, but you can see if we even zoom in That miners aren't really selling that much even on this massive dip here Right here when price went down to 35,000 there wasn't a large amount of outflow From Bitcoin miners. They're not selling. So who's selling? well That's just it if we take a look at The exchanges there's only so much in the exchanges. Look, there's always going to be people who want to sell Bitcoin At some point and they're going to have a little bit, but the price goes up. So right now you have less sellers Well, actually you don't have really there's actually if you look at the trading volume There's believe people aren't really buying too much and not really selling too much So if the miners aren't Selling to the exchange is what's going on. It's just retail investors or maybe small OTCs That are being exchanged and we don't really see it But there's still going to be people selling around here But at some point and this is I think is is the crux of the of the conversation at some point You're going to have a supply shortage and a crunch and people like where's all the bitcoin? Well, we've got you know, we had 2.2 million on the on all the exchanges now. We only have 1.5 million What does that mean price starts to go up people start to see like wow There it's all in cold storage now. It goes from 1.5 million to 1 million now It goes from 1 million to 500,000 now goes to 500,000 250 you see you where I'm going at some point There should be a supply shock. However, I've been hearing about this supply shock for years And we haven't seen 100,000 bitcoin that I'm just kidding It's it's just it's just a slow boat and if you really want to take a look at the slow boat again Check out Ben's all these different things. He's got a lot of a lot of cool stuff in here And again, he's got all the videos, which is pretty cool. Watch the video Uh, then you gotta love them. All right. That was question number one So question number two Rob, how much energy does their money printing machines consume a boatload? Uh, all banks even I mean globally I believe it was Double than what uh bitcoin mining does but that's that's a stat. I might have just made up in my head So collect me in the comment section Let's see That's a good play. I'm selling my bitcoin at 1 million. Am I throwing that 100? Maybe it's another million 100,000, uh, just be aware that round numbers are never good to sell at Just investment opinion. You might want to sell that at like 970,000 If you're if you're into that or maybe instead of selling you take out a loan against it And purchase a real estate in the future when it's not so crazy high And then you can make your money work for you and put it on airbnb or verbo and Make money out the money out the money that you have just uh, just a thought Question number three, how do we invest in the silver? I don't I don't think you can and I'll figure that out Actually, I don't have an answer for you. I hope you can Uh question number four. What's the best way to make money from crypto trading? The answer is not trading Uh, you can do whatever you want to I just tell you what I do I just dollar cost average and I have a I have an idea. I'm gonna run it by everybody right now So, you know, we have the s&p 500 and it's weighted, you know for the difference Top performers of the of the s&p 500 companies so it's weighted so like like like the top ones like the amazon and Apple they're gonna get more of your money if you put a hundred bucks in I was thinking about doing A fund Not for you for me. I can't do it. I'm not an investment advisor, but just saying, okay. Here's the top five cryptos and every day Just buy like 25 dollars with the bitcoin And and have it be unweighted or maybe weighted. I'm not sure have 25 bucks of bitcoin ethereum Binance coin and xrp. I mean, let's let's see one two One two three four five because I'm not gonna buy tether and usd coin That's just a stable coin and then just every day just do that for the next year and just see how it works out That'd be 150 bucks a day That's 15 Three that's like 4,500 bucks a month, but I mean Yeah, you get the point that the point is I want to see if that would actually work out Let me know what you think about that and then I just I would just post it on Google spreadsheet everybody could take a look at Question number three. That's done. Excellent question Ah, oh, that's a good conversation Let's see Yeah, I wish one mole was here too, but he can't make it all he's got a he's got a a big long Backlog of making tons of money trading If you guys don't know when mullin, he's great. I met him in person great guy and he's one of my moderators Good question question number four rob. I invest in golden silver miners Not a bad idea. I think a lot of people do actually And buy bitcoin every day. What do you think about that? Let me show you something So check this out You can't see it. So I'll probably show it to you Look at there's this website called dca dca btc And it's a little skewed. I get it right But what's what's cool about this is if you buy bitcoin every day, let's just say you're in 25 bucks of bitcoin every day And you accumulate for Let's just say I've done this before for one year starting a year ago Uh, you didn't make you're only up 17 percent which Yeah, yawn, but The power is in time. So if you do two years 25 bucks over two years You're you're at 200 you invested 18,000 you got 54,000 back. It's not bad And then every if you did it for three years Uh, you'd invested 27,000 but you're you're staying on 123,000 bucks. That's pretty good. And then four Four gets a little dicey because you know Diminished returns and stuff like that. But again, you invested 36,000 and now you got two and 21,000. You're up 505 percent Statistically or historically that those are the facts and what I like about this. What website is you can compare it to other assets? like gold So and it's just it'll say right here. Here's gold You if you buy 25 bucks worth of gold every day for three four years you invested 36,525 just like bitcoin The only problem is you're only up to 42,000 And in four years you've only gone up 15 percent versus 500 percent So if you if you have a question just go to dca btc. It's a great website and you can also There's a thing under here where it says you can copy the link or you can tweet it out Let me tweet this out. It'll be fun and if you could Follow me on at news asset because a lot of things I talk about on these shows I start here first I'm just gonna remove that hashtag drop gold because I think I own gold silver bitcoin and I just own a hell of a lot more bitcoin and uh, yeah So let me tweet that out and you can check that out yourself. Okay, great question last question Boy, everybody want everybody like to see one mullet? Yeah, has bitcoin ever in the absolutely. So let me see if I can There was one more thing Where did Ben have it? So again, I can't show you all this stuff valuation addresses supply Fear and greed index. Everybody knows that one volatility Oh, let's see. Is this it? Ah, it's eith. That's not what I'm looking for Well, this is a good one the monthly returns and Actually, we were talking about this before So did bitcoin have a negative year? Where is this? This is 2022 2014 was I'm pretty sure that was negative Yeah, 2014 was a pretty negative year. Look at this. So in january it was up eight But then I went down 30 then 19 then two then 39. That's pretty good But two and eight and seven. So yeah, I did one thing that This is why I like this website because uh, like we were talking on dca and I said, hey, watch out because for us investors Or for uh, the us april 15th is tax day. That's when everybody owes taxes And I said, you know, that could be a bad month because people have to pay out. So probably, um They'll probably sell a little bit of crypto to pay for that and then's like, no, no Historically, that's not true because if you take a look and he plays it right out april in 2021 it only went down negative one And then but in 2020 it was up 34 28 31. So actually april's a pretty great month march is the really crappy month Look at this, uh, really crappy actually 32 9% Geez last year in 2013 But uh, looking at that. That's what it is. Okay So yeah, again, I'm not gonna beat a dead horse, but that's what we got So that is all uh for that you can check out ben's website It's not an affiliate link, but again, it costs money. I think it's worth it And it's in the description Uh in this one and there's a ton of different things you can check out Uh as far as like stuff, but it's all affiliate links. You don't have to use the affiliate links Whatever you do it helps support the channel. So look, thanks so much for stopping by I appreciate it. If you like this video give it a thumbs up. I'll consider subscribing a lot of things We talk about are very time sensitive and that's it. So thanks so much I'm gonna put up two more videos so you can continue the dan experience and that's all so see you tomorrow Thanks a lot. Bye