 So friends, and welcome to another episode of the Marker Report with Cointelegraph. I'm your host, Benton, and we are joined again by our resident experts, Jordan Finneseth and Marcel Peckman. Jordan uses his background in psychology and human behavior to spot emerging trends in crypto. Marcel applies his 17 years of experience trading derivatives options and futures to the crypto derivatives markets. Fellows, what's up? How are we doing this week? I'm doing pretty good, man. Go ahead, Marcel. Go ahead. Sorry. What I think is people are still too afraid that just micro strategy or it's just Terra, Luna, Pine, Bitcoin, and that's why the market rallied. But we have to think that we've been here below 50,000 for what, five months now, the whole year, quickly. And yet, we've tested the bottom twice, like $30,000, unanswered every single time. So I don't think that people should be, even if there's a single or two buyers only, which is not true. We've seen over almost 100,000 Bitcoins leaving exchanges over the past month. So people should be excited. People should be bullish with Bitcoin. That's what we have been expecting all this time. Bitcoin is prepared for inflation. It's going to work. Yeah. I agree. I think long term we're going to head it up. This has reminded me a lot of 2018 and we traded a lot around $6,000 and the market fell out. We went to $3,000. I don't see us doing that big of a drop, but these are the times, like they say, be fearful when others are greedy and greedy when others are fearful. When they're saying it's going to drop down to $20,000 and $30,000 and it's been holding for a long time. That's when I like to accumulate myself personally because that just, to me, it means like we're kind of hitting the floor. Even if it does fall a little bit, I know the long term trajectory and eventually it's going to go up because I know how this crypto market moves. So we're still up. We're just folks. There's a lot of going on in the world right now and crypto is here for it. The latest rumor, I know this is all speculation right now, but there's murmurs of Apple potentially exploring holding Bitcoin. So for me, I'm buying that rumor. And when it's time, I'm going to sell that news. So I don't know if that's going to come to fruition, but when you start to hear these little narratives come out inside the industry, I always think when there's smoke, there's fire. Yeah, we got countries starting to accumulate Bitcoin or we got large companies starting to do it. I don't see why people are still down in the dust about this. This is only good news. It's only going to, it could go down, but it's going to go up in the future. Like, I don't know. We'll see. I think we've retraced back to this 45K mark for Bitcoin. So it's 50K next. That's what everyone I think wants to know. And I know Marcel is going to be teaching us a little bit about what could potentially happen here with Bitcoin and ETH today. So we're going to dive into that in just a little bit. Today's show, we're going to be talking about best ways to earn passive income in 2022. We're going to be giving you our hot tips of how to stake, how to get involved, how to actually do some passive income strategies today when it comes to crypto. So make sure you are staying tuned for our coverage on that today. First things first though, if you haven't dropped your Twitter handle in the chat, we're going to be monitoring that today. We want to give away a one month subscription to Markets Pro. We want to give that away to you, our loyal audience for watching and tuning into the market report today. So make sure you're tuning in. I see we have our friends are back, friends of the show, Luciana is here today. Thank you all for tuning in. We're going to be answering your questions. So if you have questions about passive income, you have questions, you know, you want Marcel to answer today during the show. Make sure you pop them in the chat. We're going to be, we're going to be hawking that chat today. So we appreciate that. But first things first, we're going to get into our weekly roundup. These are the biggest news and headlines across the Twitter sphere and the crypto sphere. So Danila, let's jump into our weekly roundup. See, we have folks tuning in from around the globe today. See, Chicago, England, everyone that's jumping in and watching, hanging out with us today. We appreciate you here today. We need to get some of the latest nuggets here, Marcel. I need to know what's going on, Bitcoin, what's going on with my ETH. What should we be doing here, Marcel? So we're going to hand this over to him and he's going to give us some of the expert insights as to what we need to be doing. Guys, Danila, run it back. So we just had MicroStrategy from MicroSailor announcing an additional $190 worth of Bitcoin buying. And just a couple of weeks ago, we had Luna, who's used almost a billion dollars worth of reserves to buy Bitcoin to back its algorithm stablecoin. So I want to share you a screen with you guys from Cryptocoin, which shows us exchange reserves. What does that mean? When there's less coins on exchange deposited there. So whenever there's a new buyer, it becomes harder for them to buy. So the less coins on deposit on exchanges, the harder is them to get in. So you can see here that exchange reserves picked at around three million coins in February 2020 and it has seen declining. But over the past couple of months, it reached the lowest level since 2018. So we're back at 2.3 million coins deposited on exchanges. You got that, Benton? I do. And so I guess, what is that telling us though? Why is there now this limited supply? Is that because these big companies like MicroStrategy, the Terra Lunas, are going and scooping up the supply? Good question. Thank you, Danilo. So there's two things happening over here, Benton. So the first one, yeah, large buyings are buying coins from exchanges, sending them to the cold wallets. So that's maybe Apple, there's MicroStrategy. So every large buyer. But there's another phenomenon going on here, which I think it's even more important. Holders of Bitcoin from small guys to the large guys haven't moved their coins over the past 12 months. So over the past year, less than 32% of the coins have been moved. And I want to show you another screen here from CoinMetrics, which is going to make you understand easier what I'm saying here right now. So if those coins haven't moved over the past 12 months, what does that tell you, Benton? It means that they saw the price dropping to $29,000 and didn't sell. They saw the price going up to $69,000 and didn't sell, which means those are diamond hands. So the chart here you have from CoinMetrics is the percentage of supply that moved over the past year. And as you can see here, only 36% of the supply moved in the past year. So this is the lowest number since August of September 2010. So since the Satoshi year, we hadn't had that many diamond hands. Thank you, Danilo. So I guess, Marcel, what does that tell you, though? If you have this many diamond hands, we have the true believers of Bitcoin now that are not moving their Bitcoin no matter what, whether it's at a low or whether it's at an all-time high, is that kind of the setup for the next price explosion? Like what does that kind of tell you? Well, Benton, almost, because we have a slight problem here. And the problem is, as usual, apes, the guys who use leverage, who use derivative derivatives contracts. But that's the opposite of what you're thinking. So because normally, crypto traders are exaggerated optimists. They're always using leverage to buy more crypto. And this is the root cause of those billion-dollar liquidations that we see when Bitcoin crashes 10%, then the price suddenly goes down 20% because of leverage. But this time around, what is happening is just the other way around. So the futures premium, which measures how much those traders are using leverage, is showing that they are neutral right now. There's no excitement going on. And this worries me. So I want to show you another screen, Danilo, if you can share, please. So the futures premium, also known as the basis rate, tells us whether the longs, the buyers are using more leverage or the shorts, the sellers. So in a neutral market, this premium should be between 5% to 12%, neutral markets. If the markets are bearish, this premium is going to be below 5%. And we just saw that in March, the premium went to 2% or 3%, which is extremely bearish. But right now, even as the market rallied to the highest point in four months, the premium is stuck at 6%. So it shows me that those traders are not confident with the Bitcoin price right now. Thank you, Danilo. So my question is for both you and for Jordan, what are those guys so afraid of? Is it regulation? Is it a US housing crash? Is it Satoshi coming back from the grave? I don't understand. I want to hear your opinion. Why are those professional traders and the retail apes not going extra long in Bitcoin right now? What is your opinion? Well, I think there's a lot going on. I think there's a lot just going on in the macro world from conflicts to economic uncertainty, rising inflation, like, yeah, the people that really want to save their wealth and money are like, Bitcoin's a no-brainer. But the people that are just in their trading money, they're scared, and they kind of pull back in that fear it causes people to be a little bit more conservative, and they're afraid of it. And I look at a lot of these things and I compare it to what I hear in other realms and, like, yeah, the Bitcoins aren't moving, but a lot of people will say that one of the strengths of an asset is its token velocity for how much it's moving around the economy. So if nobody's moving their tokens, I don't see what's pulling people into this ecosystem. You got Michael Saylor buying thousands of Bitcoins, Doquan over here buying thousands of Bitcoins. That means that the Bitcoins are being held largely by big institutions in large amounts. There's only 21 million Bitcoin total. That's a fraction, a fraction of a fraction of a fraction of the world's population, and yet you don't even have 21 million people, individuals, that want to hold one Bitcoin. It just seems like nobody's really incentivizing this. This is still so early in this game, and the utility of the Bitcoin token isn't there yet for people to want to hold it and spend it in their everyday lives. I don't know. Yeah. I'm going to agree with Jordan in the context of the geopolitical realm that we find ourselves in. I still think there feels like there's this uncertainty, but historically speaking, when you look at markets, particularly during war times, war times are good for markets. No matter how crappy that is, that's what historically has happened. I think what we're starting to see is a momentum shift from this consolidation that we've seen in most of 2021 to now we're on the bottom part of this next bull run, in my opinion. Why are people still the professionals to answer your question, Marcel? Why are they not as bullish? I don't know, because I feel like the winds are changing, and you can start to feel the sentiment shift where people are starting to get that excitement going again. You're starting to see some of these altcoins, like for example, Zillica, I saw do a 30% pump in the last week. You're starting to get these random altcoins that are starting to pump. You saw waves make moves, and so I think this is going to be where we retrace back to 45k where we're at right now, and then I think we're on our next leg up past 50k next. I'm curious to hear what the audience thinks about this, because I think this is a great question. Why are the professional traders not as bullish right now, which Marcel just walked us through showing us that chart where it's still below and hanging around this 6%, which he mentioned to us is pretty neutral right now. What do you think, audience? I want to hear from you today. What are your thoughts? Professional traders not as bullish as one may think. Marcel, what is your take on this? I'm curious to hear from you. I think there's two scenarios that can happen that will make those guys extra bullish in Bitcoin. The first one is an external event, such as the spot ETF approval, or Apple buying $3 billion worth of Bitcoin, or a large bank, or another country using Bitcoin as the official currency or adding reserves in Bitcoin. The second option, the second scenario that I see, is an abrupt issue on the fiat system. For example, the swift international remittance if China or Russia or both say they're no longer doing deals with the swift international payment system, or governments like Canada or New Zealand or whatever, implementing the social credit system and the CBDC. So I think one of those two things needs to happen, because you know the frog story. If you put the frog on the boiling water, but if you hit it slowly, the frog dies. And inflation is just like that. Inflation was 2%. It's now at 4%. It's going to 8%. It's going to 10%. To 16%. But it's the water going boiling slowly, and the people will die in there. They still cannot see that inflation is going to 20%, 40%, 60%, 200%. As we've seen in Brazil in the past, in the 80s, as we're seeing right now in Venezuela and Argentina. So I think some external thing needs to happen so people see the importance of why we need Bitcoin and why we need decentralized cryptos. That's my opinion. So I guess my last question for you, Marcel, is crypto still very correlated with the traditional stock markets? So for example, if we see like the S&P 500 take another dive, do you think that takes crypto down with it again? When we're talking about printing $2 trillion in a single time or $10 trillion in a year, yes, it makes everything correlated from lumber for oil, for housing markets, S&P, gold, Bitcoin, everything. It's just too big of a value. It's $10 trillion that the central bank's printed in a year. So yes, it's going to be correlated if there's a crash on traditional markets, at least for a moment, at least for a couple of weeks, a couple of months, cryptos are going to suffer as well. So we're not, right now, we're still seeing as a risk investment. Most people don't see that Bitcoin is the protection, is an inflationary protection such as gold used to be over the past 2,000 years. But the time will come, but right now there's a high correlation. So if there's a crash on traditional markets, yes, Bitcoin can go down 50%, 60% for sure. And do you think that its potential is this next, if we do start moving, that the institutional money will be more confined to Bitcoin or be more focused on Bitcoin and retail will focus more on altcoins just because of the price, it pushes a lot of retail, especially out of the market, especially if you get into just transaction fees and whatnot, seems like a lot of the retail that will come in the market, especially if they're coming from lesser developed countries or countries that don't have as much wealth, are going to go more into the altcoin market than the Bitcoin market just because of the price tag and whatnot. For sure, but that's a good point. So every four years, we have the halving, we have the cycle price in Bitcoin, etc. And 60% of the Bitcoin or crypto users joined the markets last year, 2021, believe it or not. So those newcomers are going to seek for the new Bitcoin, are going to seek for cheaper coins. We always see this movement happening. So yes, there will always be a demand for altcoins. There's always going to be a shift from Bitcoin and Ethereum to the next Bitcoin to the next Ethereum, which is right now, it's Solana, it's Avalanche. There's always going to be a shift. But when we're talking people exiting Fiat to crypto, there's no way out. Once you are out of the Fiat system, you understand that you have no power with inflation. You save, but over time, your purchasing power doesn't rise. After you ask Fiat for crypto, there's no way back. But yeah, there's going to be a shift between Bitcoin and Ethereum to altcoins and over and over due to the cycles. So LC in the chat says it's because big money uses Astro and they know the eclipse and unfavorable aspects are coming for BTC. So maybe there's some Astrology Marcel that you need to be looking at to predict why these professional traders are not bullish on Bitcoin moment. It's called technical analysis. There you go. And we're going to have some of that for you today. But no, that was awesome. Appreciate you giving your insights on what's happening right now, Marcel, because I need to know what I need to do with my Bitcoin and Ethereum. Marcel's always got all the answers. So appreciate you giving your insights into that today. But moving on to our next segment for today, we're going to teach you guys some passive income earning strategies here. Jordan and myself are going to dive into some of the strategies that we like to deploy, whether it's bear markets or bull markets. So we're going to go ahead and get into that next. If you haven't like to subscribe, go ahead and do so. Now we're Cointelegraph, the market report here on Tuesdays at 12 p.m. Eastern. Go ahead and smash that like and subscribe button now. We're going to go ahead and get into, I'm going to teach you guys a little bit, passive income strategies here. So let's go ahead, Danelle, and jump right in. All right, folks, it's that time of week. So for me, what I look at when I'm doing my passive income strategies is there's three keys to this for me. One of them is safety and risk management. The second one is staking. That's the actual strategy. And then the third key to my passive income strategy is profit taking. Got to always be doing some profit taking. So when I talk about safety and risk management, what does this stuff mean? A lot of jargon in there. So I like to choose battle tested platforms, whether that's vaults, whether that's farms. Places that have shown that they are safe and that they've been around the block when it comes to security. So that's number one. Number two is sometimes you need to be willing to take certain risks when it comes to navigating the DeFi world. I myself love DeFi. I see the power of it. I think it was Tony Robbins that said the seventh wonder of the world is compounding. That's why I love DeFi is the ability to compound your yields and earn. So for me, that's a big component to part of my passive income strategy. But in order to kind of get involved with this sector in particular, you need to understand some of the risks. What are these risks when it comes to DeFi? It means smart contract bugs, it means exploit hacks, it means rug pulls, it means anything under the sun like impermanent loss. So knowing what these are and how to navigate them, I think is an important aspect to my passive income earning strategy because you want to keep your money safe and you want to keep your crypto safe when it comes to especially earning passively. But also at the same time, you have to be comfortable with your appetite for certain risks because sometimes those risks can really pay off. All it takes is one coin sometimes. That's always been my saying is all it takes is one. Now, when it comes to the staking aspect of this, one of my favorite ways to earn income is using beefy finance. This is a platform I've used for just over a year now. The reason why I like this to deploy a lot of my strategies is that it aggregates several different blockchains into one place. And so for me, I don't have to constantly shift back and forth. I'm going to the same place and I'm earning passively. And guess what? It's set it and forget it. Once you stake your LPs and you stake them in the vaults, it auto compounds the yield so you don't have to think about it. Now, let's dive into I'm going to go ahead and share my screen here because I want to show you all what exactly I mean. And so when I'm staking, this is kind of part of what I like to do is I use the beefy vaults here and I'm going to show you an example now. Danil, if you wouldn't mind just pulling on my screen here. So this is beefy finance. This is a multi chain yield optimizer. And so what we're going to do today is I'm just going to kind of quickly walk you through how to actually stake on this platform and what it means. So you're going to provide liquidity and I'm going to go ahead and sort this blockchain to finance blockchain because I have my BSC wallet open and I'm just going to show you how to stake a little USDT here. So I'm going to scroll down. Actually, we're going to find USDT and I'm going to show you guys how to stake a single asset today. Yes. Do I need to find to stake a single coin or stable coin, for example? So you can stake a stable coin, a single asset. You can do three assets. You can do two assets. So it really depends on what your appetite is. So here you can see you can make an Avax USDT pair. I'm going to show you how to make a USDT pair. So this is straight staking USDT. So the great part about beefy here is that when you go to this vault, it tells you exactly where you need to create your liquidity. So here on Stargate, I'm going to show you. I'm going to go over here to Stargate, which is the actual place where I'm going to stake. I'm going to go ahead and approve this transaction here. Hopefully I have enough BNB in my wallet so that this transaction goes through. But this is how you create your liquidity pair here. So this is now confirmed. And so what I did was I just went in and staked. Now, when I go back to beefy, I'm going to just easily go here. Once I get a refresh, and I'm going to stake the LP inside of this vault. It's not going to load for me, but you get the point. This is very like two steps. You create your liquidity pair. You bring it to the vault. You stake it in the vault. So that's kind of something I just wanted to show you real quick. The other thing I want to talk about today is daily compounding. So like this is something that I don't think a lot of people like have actually sat down and like ran the math. So this is like a daily compound calculator. When you go back to beefy, you'll see like the daily APYs. So if you're seeing these vaults with like one percent daily, imagine if you just staked a thousand dollars into one of these vaults and you were earning one percent daily for seven days. Let's just run the calculator on this real quick and show you what you're earning. So you're earning ten dollars a day. But then what happens is that thousand dollars could then turn into one thousand ten dollars. And then that that automatically compounds. So after after the end of the week, you're earning close to a hundred dollars and just for sitting there and staking now granted, that's without impermanent loss. That's without price fluctuation. So when it comes to this stuff, I always just like to emphasize looking and actually drilling down on some of these numbers with APYs and understanding like what do they mean? So for me, that's kind of like the power of passive income. And this is one of the platforms I like to use the most. So that's that's my passive income strategies. Is there any way to protect against any potential like exploits on a beefy finance or anything? Or is it just kind of something you take in with risk? Yeah, I mean, so for me, I think beefy does a great job with with vetting the projects that they actually have on like on their platform. And so what I have seen in the past is that when there has been projects that have like failed or there's been some sort of hack, beefy locks the vault. So nothing nothing can go in it, but you can only withdraw from it. And so typically they do a good job when it comes to the security of locking it down if there is ever like an exploit on the main protocol. Go ahead, Marcel. Benton. He froze. Did he freeze? Looks like every every Zoom meeting, every Zoom meeting, right? Let's see, I'm going to I'm going to hawk the chat real quick while we're waiting for Marcel to come back. Ada will change everything. Your coins will never leave your wallet in the future of staking. I mean, and there's also other great staking options. Like Jordan showed me how to use Kepler wallet like a couple of months ago. That's a great staking option. Like Tara, Tara Luna has great staking. Solana has great staking. So like you can find staking and passive income opportunities on pretty much any chain. I just happen to be on beefy finance the most. Marcel, I see you're back. Yeah, sorry, sorry for that. So we're not security experts. So what practical strategies can you suggest? Like should the traders pick the three largest in number of TVL or number of users? How do we know which chains are the most secure, for example? Yeah, Danil, if you wouldn't mind just pulling up my screen real quick. I'm going to show you. So one of the features that I love about beefy is the safety score. And so what you'll see here is this rating. So it's like one through 10. What does this tell you? Well, it says low complexity strategy, strategy battle tested, high expected impermanent loss. So that gives it a ding micro market capital is extreme volatility. So this is a low market cap. So it's volatile. And then it gives you kind of this breakdown of like the safety score. So for me, this is like one of the features that I like. But when it comes to answering your question, Marcel, about what chain is safest, I mean, I love to speak to that, but I think we all know like anything but Solana, but Polygon, but maybe potentially the BSC is out there. I mean, I love BSC, but you know, at the same time, it's like we all know what that the ecosystem has been like in the past. My opinion, I think Ava Avalanche is probably one of one of the safer chains out there so far to date. But yeah, Deneli, you can take it off the screen. I have another question for you. So as I said before, 60% of the crypto investors initiated the journey just last year, 2021. So it is very likely that they are using Coinbase, Binance, crypto.com for staking. So what message that you defy user can give them to convince them to avoid those centralized services and migrates to defy? Not your keys, not your cheese. You know, for me, one of the things is, yes, it is very easy to stake on a centralized exchange. It's very easy to click a few buttons, but do yourself a service. Take your coins, stick them in your MetaMask or your your terastation wallet or your capital or wallet so that you have self custody of those and then you can then stake them and have control of your funds. One of the biggest things we've seen hacks across every central exchange just about, you don't want to be fall victim to that. Second of all, there's typically lockup periods when you're staking on centralized exchanges, which means you have to lock up your funds for a certain amount of time. For me, I do like to have that flexibility to be able to withdraw whenever I want, whenever I choose to, because I like to take profits when I hit my profit targets. So for me, that's one of the big keys is as you're getting integrated into the crypto world, understand, yes, there is easy staking options, but they may not be in your best interest. And so doing a little bit of extra homework and learning how to use a MetaMask or how to create an LP pair can go a long, long way. And just remember that all of these entities are required to report to the IRS. Like I got a 1099 from Kraken for my Kusama staking. I'm like, I'm withdrawing my Kusama from Kraken. Even though they try to change it, like, oh, you don't get taxed right away on staking awards. I'm like, they are actually going to be able to figure all that out. They got a 1099. They're going to want you to to claim that on your taxes, all this kind of stuff. So yeah, keep it in your own possession, and then you can kind of control it and do what you want with it. Exactly right. Well, that was my passive income opportunities. And I see Vikram had a question today. Can it be used on MetaMask? Yes, it can. Any chain that you like, I think they support like 10 different chains. I'm not. And by the way, today's opinions by all the panelists are very own opinions. This is not sponsored content. These are the express personal opinions of each panelist here today. This is not financial advice. So just want to make sure that we're very clear on that. Go ahead and like and subscribe us for our own coin telegraph here on YouTube. We appreciate folks tuned in from around the globe today. I know Jordan's got some exciting passive income opportunities as well. So I'm going to go ahead and kick it over to him so he can show us what he's got in his bag of tricks. OK, so I have some similar strategies to mention, but overall kind of different approach. My main strategy for passive income, especially this year, has been staking with the focus on layer one protocols and getting some stable coin yields. So we're still really early in the crypto game. I know it's been over a decade since Bitcoin launch and all that stuff, but we're still like we're really early and we're still laying down the train tracks. And a lot of these protocols built on top of Ethereum or other other chains might not survive long term, but the adoption of the underlying chain is what I'm focusing on. So chains like Cosmos, Ethereum with its E2.0, Solana, Algorand, Phantom, Avalanche, Polkadot, Cardano and Matic as a layer, too, are some of the tokens I like to I've been more cumulative, especially in the down market and staking just because I'm staking on the network. You don't have to worry about a deflight exploit or anything like that. It's just passive income. Some of them like Algorand, you just put it in the wall, it starts staking. It's compounding on its own. As Benchen mentioned, you don't have to worry about setting it to auto compound. I know somebody brought up Cardano. That's been a really easy stake for me, too, especially buying it back at three cents and then just letting it stake for the last year. So I can't really complain about that. So yeah, chains that continue to develop are likely to last until the next bar bull market. So when you're really looking for these chains, you want to look for a lot of adoption, a lot of Twitter, people on Twitter, not just spots, but people actually excited about the chain, excited about projects on the chain that are using it, find that it's a really easy user experience. Like Avalanche is really easy. I've heard some people trying to use a network like Oasis Rose, even switching between Oasis and Ethereum. That's been was a challenge. So some networks are a lot more user friendly. Look for those. Again, a lot of that requires your own research. And yeah, identifying passive income on opportunities, on L1s that I like. Like Aave, AAVA is a good, strong project on top of Ethereum. That's a good container. It's got a long track history and lots of total value locks. So if you all want to go and pass the layer ones, kind of look for popular projects on chains. Another strategy I like to employ is selling rallies, taking profits on big rallies, especially when the wider market is weak. Like if everything is down, but wave starts running from $15 to 60. Take your profits, right? Because it's not going to pull up the whole market. Yeah, there's a lot of stuff going on in the background with Doquan and BTC and a bunch of Bitcoin saviors and whatnot. But no, take your profits. I've never seen a token go up like parabolic and then just kind of flatline there and stay there forever. It doesn't happen. It always pulls back, always pulls back at least 50% most time. So if you really like it, you can pick it up later. Take your profits, roll them into other tokens, roll them into some of the layer ones that I've mentioned before and stake them. If you don't, you take them into stable coins. There's lots of good strategies out there as mentioned on beefy finance, anchor protocol, all the options to stake stable coins and earn up to 20% APR, which is relatively safe. You got to worry about any kind of risk and DeFi exploits, but that's okay. And finally, mining and masternodes, projects like Helium and MXC. You can just buy a device, low energy, set it and forget it. Let it mine, earn you some money over time. And masternodes, there's projects like Dash, one of the older masternodes. Flux has gotten some coverage here. Divi is another one I prefer to use. And these I'm not too attached to. They're kind of more the exchange of value products. Well, I'm like, and eventually all those are going to go away in my opinion, just because you're going to need 20 different tokens to transfer value, Bitcoin would probably survive on the Lightning network. So, but these ones, again, they're kind of like staking, but they allow me to be not so attached. So I can just take those profits, sell them into a layer one, stable coins, other type of other strategies that I mentioned before. And those are just ones I pick them up when the market's down, like I picked up a Divi node long time ago. And it's just been more than tripled, probably the amount I put into it, selling it every once in a while and buying other tokens. So those are ones I like to look for. And those are my strategies for passive income. That's a little more active, but you know what I'm saying. So question for you, Jordan, what percent of your portfolio are you staking like stable coins versus other alt coins? Truth be told, I don't hold too many stable coins, man. I've been like deploying my stable, like the stable coins that I had taken profits on, I'd been deploying recently when the market's down, just like phantom dropped down to what, like a buck. Like that was like, oh, that's not going to just go away. I don't care what they say about Andrzej Kronje leaving. That's just a fuzz story to drop the price. It's going to come back up just because there's a lot of adoption going on in the phantom ecosystem. So I don't think that that's going to go away. I think long-term it'll at least get back to where it was before. So that was a safer bet for me. Flipping some of my stable coins in the phantom, staking it, and now it's gone up nice since I bought it, so. So, cowboy, just wait a minute here. I'm sorry for not being a defy connoisseur like you, two guys, but I have a really basic question, and I guess some of our viewers have the same doubt. So whenever you're doing staking or yield farming, so if you're not staking or yield farming a stable coin, okay, you gain more coins every month due to the staking or yield farm, but the price of the coin itself keeps fluctuating up and down. So what is the end goal here? Is to get more US dollars or to accumulate more cryptos. And if the end goal is to accumulate more dollars, how can a normal guy like me do yield farming and staking and still become profitable? Well, with staking the point for me is to accumulate more of that specific crypto. That's why I focus on projects I think have a good long-term lasting ability, layer ones, even staking Ethereum 2.0, Solana, those aren't going to go away in my opinion over the next cycle. But it's obviously a risky game. Like I held a little bit of eels from the last cycle, and that's just a crap, right? So that's why you spread your bets, and now it's like, oh, get out of that. Just flip it into something else. That's why you gotta, it's passive, but it's active in the sense you gotta keep a pulse on the net on the market. If a token or if there's big exploits or people just start exiting away from a certain chain, you might wanna pull your liquidity from that one and jump over into something else that they are moving to. A really good place to look is developer activity as well. If developers are building on a chain, it's got more chance that it's gonna be adopted in the future, because they're gonna be more protocols that attract people. So that's what I kinda look for. If you want, I could share my screen real quick just to show, let me set that up, hold on. How easy it is to stake on with the Cosmos. You could share my screen to Neil, I don't know if it's sharing, he's a shared one. Like all you have to do, this is just a test, but Kepler, I know Benton has mentioned it several times before, Cosmos is super easy. I know Cosmos is the main token on the whole network. A lot of products have launched on Cosmos and all of them stake. So you download the Kepler wallet extension, you open it up, you see like this, you click stake. Right here, this is just for my Cosmos on a test one. You click stake, it'll bring you to this interface, then you have a list of validators. Over here is a list of all the different chains on top of the Cosmos ecosystem. So you got Cosmos, you can get Osmosis, which is a decentralized exchange, IrisNet, Star Name, Persistence is another project. I like, come on here, you pick a certain delegator, it tells you how much they charge. When you stake it and you click manage, and it's delegate, you tell them how much you want to, I don't have any item in this, but say I had 10, I'd say max delegate, there's a 21 day unlocking period, so realize when you go to un-stake it, it's gonna take 21 days so they can't just cause market dumps. Delegate it and that's it, it's that simple. It'll after that, it'll pop up here on top, they'll show you, these are your active delegations, you can manage it from there, you can switch it from one delegator to the other without having to go through the 21 day process and all that stuff. So Cosmos is a really easy one to stake, but a lot of them are as simple as this or similarly easily easy to stake on. So I just find that it's an easy passive way to kind of increase your stack. Thanks to Neil. Yeah, exactly. Staking, it just can't get enough of it. All right, so my next question I guess is, I saw like a couple of those delegators had like a high, high APYs, 100%, 180%, whatever, and then some of them have like 20%. What's up with like the disparity, especially like on Cosmos and like, how do you like decide which delegators you want to go for? Well, some of the first, a lot of them, some change, even if you go back to Matic, when you first started sticking Matic, a lot of the sticking nodes were run by Matic Foundation just because there wasn't a good list of delegators that they trusted. The same one there on Cosmos is probably one that was run by Cosmos. And then to help push decentralization and help incentivize people to go use other delegators that aren't attached to Cosmos to make it more decentralized, they like, you don't get any rewards from us, 100%. We get all of it. So that's like, that'll make you want to leave. Go to one of the other ones that have after four, a lot of the standard one I see on Cosmos is about 5%. Some people offer lower just to attract more, more a higher number of depositors because they can make more if they're, if they get twice as many people depositing, but they charge 1% less on the commission, they'll make a lot more money kind of a thing. You can check a lot of them, they'll offer a website for that delegator. You can go to the website, look it up. I like that's doing your research, go there, check out the website, see how active they are. They have a Twitter page, are they posting every day and talking about the ecosystem and showing how actively involved they are. And there's some that you'll see on every single token, like buying, I think there's like a binary, or something, there's, Steakfish was one, I think that offers a lot of staking on all the different projects on Cosmos. So those ones I like to do too, they're more secure and they seem like they're more invested in the ecosystem. You have Marcel? Yeah, I, we still have time for one more question. Yeah, okay. Yeah, we got one more question. So Jordan, you constantly remind us to take profits, but when we analyze altcoins, it's a handful of them post 600% gains, 1,000% gains, for example, I can cite Shiba, Gala, Axi, Terra, Sunbox, Solana, just over the past year. So if the holders sold with 100% gain or 200% gain, he would be way behind, he would be way behind the holding strategy. Those guys who got 1,000%, 2,000%. So what is the best strategy here? To hold or to sell when you get 50 or 100% gains? It's a little bit of column B, man. It's a tricky game. I'll just take waves for this past example. It was like 10 bucks, it shot up to like 19. The whole market was weakness. Everyone was like, Bitcoin's going to 20,000. I'm like, damn, I should sell some of this waves. So I sold a little at 20 bucks. I could have tripled that profit, right? It went up to 60, and I did sell, eventually I had some that I put on a sell order on exchange for 60 bucks and it filled. So it's a tricky game, but when you said, the people that just hold come out ahead, I'm like, no, they don't, because they watch Shiba go up and then it goes all the way back down. They're still holding it. Like the point of taking profits along the way is, look at every chart that's ever existed for crypto and you realize like it goes up and then especially if it starts going parabolic, it comes back down and it comes down quick. So like just, and this is my own experience through several cycles now and holding through pumps and dumps. It's like, damn, that didn't feel too good to become like rich and then poor again. So just like set your profits or try even some like really hardcore people say, choose where you're going to sell something before you even buy it the first time. So you set your sell order on exchange and you just leave it there. Don't be greedy in this game. Take your profits along the way, agree to get you dead. Even if it goes up, if you get 700% gain, you could have gotten 1200% gain. Are you gonna really be that sad when it goes back down to where you would have actually lost money if you held it? Not in my opinion. And even now, like I kind of ignored this last year. When the whole market's pumping, I'm kind of developing a rule to not buy any new token because we're in a hype cycle and it's gonna come back down. And we know we were expecting Bitcoin to go at $100,000 last year, but it never did. So that held me from cashing out a lot of the tokens that just went parabolic on my portfolio only to have them now like a 10th of what they were before. So it's just taking your profits along the way, know it's gonna go down. If it doesn't go down to where it was, that's okay. There's gonna be another token. There's thousands of tokens. There's always another rally to catch. Don't FOMO. Just take your profits, enjoy the gains. You have to like go to the traditional finance, like making a 200% gain is a dream. They're like, can I get that over 10 years? 200% gain? I'm like, crypto, that's like, let's get that over a week. Guys, come on. So yeah, take your profits where you get them. Don't poo poo somebody else's, don't hate on somebody because they made some nice gains. Appreciate their gains and know you'll get it around the next time. Yeah, I see a question from Vic Invest here. He's asking, what's the difference between APR and APY? From my understanding, APR measures the interest charge and APY measures the interest earned. So hopefully that was able to answer your question, Vic. Now, when it comes to, do you have a good explanation for that, Jordan? No. No. And I just want to kind of like dovetail into what Jordan was saying is set your targets. If you have a principal amount that you invested and you're able to recoup that, then you let your moonbags ride and then you can ride it to Valhalla. It's always a safe way to do that, especially when you're taking profit strategies. Definitely create insights from Jordan. Stick to your target. Stick to your target. I've done it myself where I'm like, I'm gonna sell it when it gets here. It gets there and I'm like, man, this thing is hot. It's gonna go here. I'm not gonna sell it till then. And then it's like, boom, I'm like, dang it. Take your profits. Take your target to your, yeah. We are all humans and we all deal with the human emotions when it comes to money. So I want to move us along here to our Markets Pro segment this week. We had two heaters. We had Secret Network and we had Fract Share. We're gonna show you what happened this week and why you should have been using the Markets Pro platform to catch these trades. So Danila, let's go ahead and get into our Markets Pro coins of the week. You heard me talk about Secret and this week, if you caught this newsquake, which is an automated alert that instantly notifies users when market moving events happen, you would have known that Secret pumped all the way from $5.50 and quickly picked up momentum to $6.47 in 24 hours. Why did this happen, you ask? Well, this week's featured newsquake was triggered when the news of Secret's listing on Kraken happened. Tweet from the platform was delivered to Markets Pro. That's where you see this circle here on the bottom that's a newsquake alert, the white line is priced. That's a 17% gain. I mean, I don't know who is not taking 17% right now. I would take that any day of the week, but that's the power of the newsquake. As you get kicked that alert, you're able to action that, you pull it up on the platform and then boom, you're trading Secret, you're hopping on that wave and you're riding that up for 17% gainer in 24 hours. That's a solid trade right there. Now, the next token that we had on our radar this week was FractShares trading under the ticker FXS. And if you're not familiar with the Vortex score, it is a comparison between the current market and social conditions of those in the past. Now, what happened this week? Well, we saw that 84 Vortex score. Anything above 80 is gonna give you a bullish signal. Anything below 30, that's gonna be a bearish, confidently bearish signal. So what happened? Well, the token first lit up, the indicator of historical bullishness on March 31st when Vortex score reached 84. And what happened some 50 hours later, these favorable conditions materialized in a massive rally that took FXS's price from 22.90 all the way up to 40.55. That is a huge price increase. That's almost a 2X. I mean, you see that 84 light up. I'm typically hawking anything that's like close to a 90, but sometimes you catch these Vortex scores in the mid 80s and they just take off. It's a 65% gain against the dollar. You'd love to see that. You just, I don't know who wouldn't take that. I would, I'd take that all day. That's why I use Markets Pro when I'm doing a lot of these trades. And that's why Marcel, he uses it. Jordan uses it. We all use it. You all need to be using it. And that's why we're giving away the one month subscription today. So drop your Twitter handle in the chat. Adrienne, are we doing a poll today? Are we gonna get a poll going here? Best strategy? Or what do we got? So I guess while we're waiting, if you haven't dropped your Twitter handle in the chat, go ahead and do so now. We're gonna select that winner for the one month subscription, Jordan and Marcel. Why don't we have your closing thoughts for today while we let folks submit their Twitter handle in the chat? Yeah, I think I'm a current person. Like in my opinion, Bitcoin is gonna be the conservative play in the future of crypto. Bitcoin will be the conservative play and all the old fogies that don't want any excitement will be Bitcoin. That's not me currently. Just because of the price tag, you're sitting there $45,000. A lot of people coming into the market in the future aren't gonna want to pay $40,000. It's trying to get one token. So I think the biggest gains will be in the altcoin market. The safety play is definitely Bitcoin and Ethereum in my, so I'm gonna, I plan on taking my profits in my altcoins and maybe rolling them into Bitcoin and Ethereum, some save coins, playing all the day. And gold and silver and a house and some land because I'm not gonna have anything to love it. I'm gonna have some physical things as well as like digital things and love gold. Fair enough, Marcel, what are your closing thoughts for today? I think Benton's strategy is about right. Right now, there's too much uncertainty going on. We don't know if there's gonna be a housing crash. We don't know if they're gonna raise interest rates to five or 10% suddenly. We don't know if they're gonna print another $3 trillion to pay out governments and stuff. So there's, whenever there's uncertainty, a cash position or a conservative position is good. So I don't know, maybe leaving 33% cash, 33% Bitcoin or you like, and 33% in S&P or gold, some traditional investments that you know that even if they go down in value during crisis, after three or four years, we're good to go. So I think it's time to be prudent, to be safe. I don't think it's time to go all in on NFTs, outcoins or doing leverage right now. So just play conservative, have at least 20% position in Bitcoin and you'll do good. I like very, very wise words from Marcel. I think for me, it's like, I'm just dollar cost average. That's the easiest way to keep you stress free, keep it easy breezy, get your exposure where you need to, dollar cost average, do your staking, do your passive income, do your crypto mining. I thought that was a great point that Jordan brought up today was that passive income opportunity is just by mining and it's as simple as plugging in something into your wall that actually does the mining for you, don't need to know how to code, all great options. And I see we have the poll live now, it looks like we had it up in a different language earlier but now it appears to be in English. So if you thought Jordan or myself had great insights today, we would love for you to cast your vote. I see folks are chiming in in the chat though, we have some folks dropping in, looks like their Twitter handles because we are gonna give away that one month subscription of Markets Pro. Let me see who is in there, who's gonna be our winner, winner chicken dinner today? Jordan Marcel, you see anyone in particular that's standing out in chat, who do we got? We got nine votes folks, get your votes going. Can I vote for you both? I was gonna say, let's see here, I see, why don't we do this? We're gonna select Yacht Club, Enu ETH is gonna be our winner today for the one month subscription of Markets Pro. I see they dropped their Twitter handle there in chat. Thank you for dropping that in there. And I don't know, is the poll closed yet? Who is, we have one more minute left, one more minute. I mean, I think, you know, Jordan and I have had very kind of similar approaches in regards to how we kind of like to, we both love D5. So I think at the end of the day, it's a great way to get involved and exposed to the crypto markets without necessarily having a lot of complications with it. I think when you actually drill down and understand the value of D5, it becomes very, very clear why you may wanna start exploring some of that. So I see we have, now we have two more minutes left on the poll, but we have 13 votes in there today. So we appreciate everyone that voted. Jordan. Yeah, I just wanna, it's like, for people getting in this one to be like, I wanna be a millionaire, crypto millionaire. I realize that time in the market is probably the most important factor here. Like, you're not gonna become rich at first sight. Well, there's a few people that buy the right board eight, yacht club, or just happen to buy $8,000 worth of shit before it goes on and run. They're like, yay, wealthy for life. But the most of us ain't gonna get that, as Marcel said. Some tokens that run 600% and a lot of tokens won't. So yeah, time in the market, early beats capital. If you do good research, invest in a good project, like again, beginning of 2020, 2021, you could have gotten mad at for like one cent and staked it. So like early beats capital, early. You don't have to have a lot of money to be wealthy and crypto. You just gotta get in early and realize patience is a virtue. The thing gonna end anytime soon. Long term trajectory is up. So find coins you like, dollar cost average and in five years you will be wealthy like you want to be. Just have that patience. Yeah, you may only get rug pulled like a handful of times, but other than that, you'll be fine. That's for every day. That's why we're here. I know, I wouldn't have it any other way. It's the crypto way of life. I see Martin, Martin coming in hot today, just two options. FFS dude, come on then. I mean, it was the two strategies. So I polls close, looks like we had quite the favorable opinion for the different strategies today, but it appears that people seem to like some of my strategies a little bit more. I think they're both great. Jordan, I think had excellent insights today. Folks, we appreciate you tuning in for passive income strategies chat today on the market report. I know we are gonna be looking forward to being at Bitcoin Miami this week. If you all are gonna be down there, make sure you stop, point, telegraph, and say hello to us. We appreciate everyone for tuning in. And until next week, we will see you on Tuesday, folks. It's not gonna do it over now.