 The shop. So those are our last two live streams of this month, but we also had some content drop Friday that was the ASUS showcase build and then Saturday the deeper connect airs. It's a hardware VPN. Oh, I still have it actually. So it's a hardware VPN. You only pay for it once and then you get full range of functionality of the VPN for life without having to pay a monthly. So that means also you can use it to spoof your location and that will translate into cheaper prices for some subscription services, but it's script to watch for this episode and we'll get to that right after the ad. Madalilo mo morder. Hanapin ang address version mo gusto mo. Piliin ang preferred pay pen friend mo. Wala pang 5 minutes na sizigit na para sa windows mo. Maraming na kaming na tulungan. Date, 7-day purpose ako. But now, I'm from a love of my life. Date, aimless ang walang purpose ang life ko. But now, I'm a world-class Zuba instructor. So web developer ako and content creator for a YouTube channel and ngayon ganun pa rin ako pero activated na yung windows ko. Kayakon naghanap ka ng legit, mura at original software. Check out CDKoffer.co. Check out CDKoffer.com. Check out CDKoffer.com. Saap JD, saap liya magnaye. That is a fair investment strategy. I mean, not to invest in crypto at all. So my goal here is not to convince anyone this is not investment advice. This is just sharing what I do with some of my savings which I feel will grow them at a better rate than some other strategies out there. Money is like a real-time strategy game. Everybody has their own favorite strategy, their own favorite build order. Some people invest in NFTs. I don't even though those are closely related to crypto because I don't understand the market. I don't think I would be able to do that well. Some people invest in stocks. I also don't do that. Again, I don't follow the market closely. I don't think I would be able to do that well. Some people invest in fiat currencies for investment. So buying dollars, selling dollars, pound, euro, et cetera. Futures, commodities. So there's so many things that you can, aside from the very vanilla kind of safe time deposits and basic savings accounts interest. Although I do invest in stocks a little bit but not directly I invest through UITF. So you need investment trust funds. I have a little bit left but I moved most of it into crypto over the years. So... Subtech Wolf Cave. I know Leah Magnaya. Every time I do a crypto watch episode, it's... And then the bots have gotten more sophisticated. They like... Konwari nag-conversation sila sa isa-isa. So one will post a comment and another one will reply to that comment. So it looks like it makes it appear superficially that it's a legitimate thread. But you can kind of tell that they're not really... You know, it's not legit. Do you know how to remove duplicated IP address? I do not. Actually, I'm not that much of an expert in networking. Our former employee, Jay, was quite good at it. Parang yung background talaga in networking. But yung duplicated IP address, sorry, I can't help. I imagine, though, you're on a home network and then your two devices have the same IP address for some reason. Although I don't know why that would be. Usually, each one is unique. That's the whole point of the IP address. So each device connecting to the larger internet or the larger network is uniquely identified. So I'm not quite sure bakit pano makaronong duplicated IP address. So, yeah, just jumping right into the topic for today. This is our monthly podcast about cryptocurrencies. And I don't usually... Sometimes it's about new. Sometimes it's about investment strategy. Sometimes it's about explaining some concepts in crypto investment. So this one, for this episode, will be talking about my particular strategy, particularly para sa long term. Yung short term... I mean, everybody loves short term gains. Me also. And I have to admit that I need to suppress my feelings. It's very easy to get excited with crypto kasi, oh, bumagsak 5%. Sige, invest tayo. Siguro akit yan. Pag... Then you can have a 2% return after 5 days or something like that. 1% return after a day. The best one I had recently was 10% after a week or something. And to put those into context, why that's so lucrative, it's very hard to find returns like that with other types of investments. So yung nga, you're saving sa account. You'll be lucky if you get 1% per annum on that. Stocks, 5% to 7% but that's really already very good if your fund manager knows what he's doing. If you invest directly in stocks, it's also hard to find stocks that will get you that kind of return very quickly. So yung nga yung maganda sa crypto. Talagang umakit siya, pero yun yung nakakatakot sa crypto by the same token, babagsak din siya. So my short term strategy is very aggressive. Basta nakawan, 2% na ako. I really look for things that dropped like a rock because on the assumption that kind of no discurrency, I think tatas naman to eventually in the near future. So that's my short term strategy. I've become quite aggressive ever since before the crash. That was my strategy. I was dabbling in it. Then naka crypto winter, we're still in the depths of crypto winter. Slight warming but still at the depths. Still yung no, kind of frozen yung prices. But I have started trading again and I've become more aggressive looking for short term gains. But I'm trying to balance that now with a long term investment strategy and that's what we'll talk about today. Sa 5TX addict. Time to buy, right? I was watching it. I thought actually, so I was watching it at around rough the Bitcoin at around 30,000 US for one Bitcoin. It's been around for like maybe a month or so. So everybody was kind of expecting that was the support price. I mean, di na siya babagsak beyond that. I thought so as well. Although it was slipping and slipping, it became 28 and I thought okay, maybe we'll fit the bottom, then I bought, then the next day it slipped to like 26. And that was just Bitcoin. The old coins I invested in also took a beating. Although even on that front, OXT had a magnificent recovery, 20% return, like it dropped around something 0.05, I think, and then it became 0.06. What is it now? So I do use coin codex to track my prices. OXT was... Yeah, around 0.05, it dropped a little bit, but it hit like 0.05, then it rocketed up to 0.06, which is 20% return right there after a day or so. So crazy stuff. MDK, I did a long time ago. So I first started mining when Bitcoin was still in the single digits. Yung tipong $7 per Bitcoin. So I have been at this game for a long time. So I had various mining rigs over the years. Not as much as at least one viewer in our audience. I know one person who's watching now went really bonkers on his mining rigs. Rigs, plural, and a lot of GPUs. So mine was never that intense. Although I did invest in... So I was mining at first just with my GPU then I expanded. I also invested in solar energy because your number one OPEX, Operating Expense for Mining, is electricity because you have those cards running 24-7. So I invested in solar panels for my house and things like that. So I did go down a little deep into the mining enterprise back in the day but not anymore, not for a long time. So... I miss crypto mining. Definitely help subsidize my PC upgrades. I was just so miserly with the money I got. I just kept hoarding it and it went into my trading or into my staking later on but I never really spent it on physical stuff. I was up to obitek. I know you should have said hi. I always... I always find it fun to... when somebody pops over to say hi because for me, this whole YouTube thing is kind of abstract. I do a lot of my videos by myself and things like that. So it really makes it a bit more real when somebody comes over and says hi. I was at Singapore Yom. They were kind enough to invite me so that was sponsored. I did get some compensation for going there and posting about it. Although... Trivia, Prism Plus is there and that's a brand that we have had dealings with in the past. They sent over a monitor. We reviewed it. We were quite happy with it. So we continued a little bit that relationship and some of the computers are using now are actually from hardware sugar for their boost there. So when I went over there, I also checked out how well our computers were doing. So I was there and it was fun but it was really... it's weird, man. Basically yung mga professional influencers were there and I don't put myself in that category. So it was really kind of weird for me. I felt a fish... I felt a little bit like a fish out of water. Everybody's very practiced in their poses and stuff. And to be honest, I hate posing. I feel very awkward. You have to pose a certain way with a product or something. We did a YouTube channel to market the shop and to geek out about tech. When I'm on my post-posts, we don't usually do that even for our channel. It's a very kind of rarified world. Tim Yap was there. Pepperty Hunky, so he does a lot of food stuff. James Deacon was there with his girlfriend. So... I know these people but this is not the world that usually swim around in. So to be honest, I did feel a bit like a fish out of water. Everybody was very pleasant but I'm like, wow, this is... This is... Yeah, it's like... It's a bit different. Even when ASUS invites us to certain things, usually mga kasama namin din are really more tech-related. It's a more lifestyle and stuff. Everybody's kind of made up. I was lucky if I washed my face before going to the event. Anyway, so to get to the point of the podcast, no-no, Diya Magnayan. I was here. The event actually runs until the 27th. It's Singapore-Yum 2023. It runs up to the 27th. It's in SM Ora. Although, I mean, the food is good but of interest, to our usual audience, it's more prison-plus. They have a lot of monitors on display and you can buy them at ASUS. So, if you want to see the quality of the monitor, hirap to appreciate kasi through Lazada or even through videos. You can either go to Hardware Sugar. We are using every day the prison-plus monitor that we have or you can go to Singapore-Yum 2023. They have a bunch of monitors there and you can also buy from them na. They don't want to reveal sales numbers but I was actually quite surprised. I was making a small talk with the sales lady kanina kasi I was also Singapore-Yum 2023 kanina. Dave sold quite a fair number considering they've only opened on Friday. The number they've sold between Friday and Sunday is probably more than we sell in a month. Like, our monitors and we have more brands and stuff. So na pa, I mean, the selection of monitors we have is a bit more varied. I would think ibay-bay ang brands. But I was surprised na na pa-isit talaga ako na iba talaga kong moale. And I guess, baka may na-hype up na people saw the posts of the other influencers and they went over or whatever, right? I mean, gananong they've sold a lot. I was surprised on the volume of monitors that they've sold. So far, yun nga bago pa lang sila. This is the first weekend. Like, they're just two days into it. They claim to be Singapore's number one best-selling brand. But I guess, medyo sya saturated na yung market dun. Plus how, I mean, it's a very small market, Singapore. I mean, Kesson City has more, has more people in it than the entire Singapore. I mean, ako'n population lang. So I can imagine it's a good move for them to try to expand. All right. So we'll go to the crypto stop first and I'll do the chat in a little bit. So this is my long-term strategy. I'll give an overview and then I'll explain it in detail. Basically, I've identified three coins where the interest rate per annum is quite high, ranging from 15 to 26%. And every month I set aside some money. Doesn't need to be a lot. 1,000, 2,000. If that's a lot for you, then 500 or, you know, again, it's relative to your, what, you know, your expenses and your income. But I try to set aside just a little bit amount of money every month to invest in those three coins and then because their interest rate per annum is so high and that's basically it. I mean, there are a lot more details into it, but the basics of the strategy are, I've identified the top three coins with the highest interest rate per annum and every month I put a little money into the three. Easy-peasy, right? But the devil is in the details. But just to show, just to illustrate, so let's do this by the numbers. So the three coins are dot, atom, and secret. I'll do the mechanics in a little bit. I just want to show you guys the numbers first. So the interest rates, the lowest that you can get from dot is 15%. The highest from secret is 26%. So even assuming just a 15% return per annum, let's say you put in 100 pesos. After the first year you have 115 and then it's compounded. You don't remove the interest. You keep the interest and then have it rolled over to the next year. On the second year you have around 130 and by the third year at 15% per annum you have a 50% return. You already have 152 pesos in the sorry, I thought I heard the key to my front door opening but I'm not expecting anybody at this time. So I'm like, oh, if there's a break-in in Hit Good Street, I mean, God forbid na kanud. But you know, if there's a break-in you know what number to call. I'm like, why is the door opening? Anyway, so at 15% return which is the minimum that dot will give you of the three currencies that's the smallest amount you can expect. 15% it will take you three years to reach 50% return. At 26% which is the maximum that you can get from secret it will only take you two years. After the first year you have around 126 which is, you know, 26% return and then 158 after the second year 50% return after two years is I mean, pretty darn good if you do a TD the BDO website says that the TD is 0.125% per annum but I don't think that's quite right that sounds like an interest amount I don't quite know it has like why they have it listed like that. But even pag ibig MP2 which is a popular investment vehicle now for long term it's around 6.5% to 7% per annum returns and then at tonic time deposit so tonic is an online digital bank usually those guys you know the younger newer banks give you better interest rates they will they have a 6% return per annum for their TDs so even if you get the pinaka maximum yung MP2 kasi parang it varies but their best has been 7% yun yung pinaka that's like all the stars align that's really the best that they can give you 7% return it will take you six years triple the time from the 26% return of secret to reach 50% returns so that's just to put it in the context that even the minimum what you could get from this strategy 50% after three years is much faster than other investment products or investment approaches which are available to the market that being said of course because it's crypto it's much riskier a TD basically bears no risk you do bear the risk that your money will depreciate the peso will depreciate sorry will yeah will depreciate so it's less in the future than it is now but you know there is the whole government trying to figure out how not to do that okay I'll just comment on our government's fiscal strategy but in general it's you probably won't expect the peso to depreciate that quickly so it's a much safer investment TD 6% but it's also much slower the problem with crypto investments is that they are in crypto so God knows you wake up tomorrow and you've lost 20% I mean of your of your initial investment amount crypto is a wild ride but over the long so let me just address the criticisms and then I'll go into the mechanisms of how I do this and then we will we will go through the chat in a little bit oh MDK I don't use Binance I use Kraken which has more like I like Kraken it's kind of big so you have a lot of liquidity the the cut yung cut nila yung you know the percentage that they get from each trade is a little higher than Binance or Binance I think the kids like calling it Binance but Kraken is very focused on security so I'm super paranoid about like the hackers getting into the net into my exchange and you know siphoning of funds and yung problem with Binance they're super big na apparently they have a target on their backs from the US government from the Chinese government Kraken I feel is in that sweet point where they are big enough that you're not too concerned about their institutional health into shenanigans not like FTX I mean you know they're kind of conservative as an exchange and but they're not big enough that you know they're everybody's favorite target unlike Binance or Coinbase so for me Kraken is the Goldilocks exchange I use it almost exclusively for my trading and I have used them for a very very long time like basically ever since I've done trading as a serious sideline I've used Kraken so yes it is a legitimate concern of course that if you put your money in crypto you don't quite know what the value will be when you wake up the next day I mean ganun ka volatile yung crypto markets but this is kind of a long term thing yung every month you put in a little bit you're diversifying not only in terms of the tokens which are we are doing three coins so that's atom dot and secret but so you've diversified in in the choice of coins you've also diversified in terms of time sometimes in the month that you buy it'll be a bit high sometimes it'll be a bit low overall magsusmoosin al dyan and in general and here we go if you watch crypto watch you know what's coming in general now it's a good time to buy because prices are still depressed you know we're still in the middle of crypto winter especially this month as itx adic pointed out the bitcoin which is basically everything else for all the other coins in general the direction of bitcoin is the direction of the crypto market in general suffered like a huge drop over a 10% drop we were kind of stable at $30,000 now it hit $26,000 right before I went to live stream because I do take note of the prices in the video description below every time I do a crypto watch episode it's at $26,100 so if you buy now chances are very good that two years from now the value has increased so you're able with this strategy you're able to earn two ways from the appreciation of the coin the value of the coin increases over time which is an assumption but not an unrealistic assumption yun na prices especially for old coins which all three of these are are very depressed right now they're still very depressed so it is not a insane hypothesis or assumption that the coins will appreciate the prices will go up now for example I bought secret last month at .38 or is it .038 wait I forget the decimal points I got yeah I bought it at .38 last month it's at .29 now so I've lost more than 20% from that small from that small investment that I put in last month but if you yun na but now I bought this month it's around .30 .31 .29 so yun na diversify yung prices that I'm buying the coins at and it was at .38 less than a month ago so yun na it's really like a roller coaster but over the long term prices are generally expected for most coins medyo ingat kayo sa mga meme coins yun na yung mga pump pump and dump schemes there are these new coins that come out every month and then hinahipap and the next thing yun na yung yung yung may rug bull na the people pumping money into the coins when the value is appreciated suddenly sell all of them and so the coins are worthless but yun na there are old coins alternative coins to bitcoin, ethereum that are litecoin that are legit naman like they're legit they've been around long enough that you're kind of comfortable that they won't fold up overnight looking at you terecoin I mean yun na although terecoin was like the whole point of terecoin was supposedly they were stable and then they turned they turned out not to be stable so crypto is a still a little bit of the wild wild west yeah but so there are two ways can earn from this strategy one from the appreciation of the coin itself over the long term it is expected to appreciate and the guaranteed interest you have each of them have a range so dot is between 15 to 21 atom 18 to 22 and secret between 21 to 26 but even at the lower ranges of their expected scales ang laki pa rin nung return mo and this is guaranteed yung problema it's not really a problem if you trust the coin you get the interest in that coin so if I put 100 secret in 26% return I get 126 secret at the end of a year total but it is in the coin that you invested in you'd have to sell it for USD and things like that so how do I do this any mechanism para dito to get these interest rate returns you have to do something called staking staking is basically staking in its simplified version is like a TD you remove it from your spot account meaning you don't have access to it right away and then you stake it you send it to the exchange that you're using and it's like a TD that you get higher returns but with normal staking you can remove it any time so actually there's no there's no downside to regular staking because it's super easy to get it back right away ako when I buy a coin and I can stake it because not all coins support staking let's say I buy a coin for short term investment like I'm gonna sell that right away may magadang return 1% 1.2 maket na siya iba bent ako yung coin na yan and but while I'm waiting for the price to go up I also stake it because I can't pull it out right away anytime to sayang rin naman yung interest that you can earn kahit maliit lang from that coin but to earn these long term rates these higher interest rates you need to do something called bonded staking and yun may time gap basically bonded staking is you can't get your money back your coin back right away the timeframe ranges from 14 days or something to 1 month I mean there are different time periods depending on the coin I don't even look at them anymore kasi inisip ko pag bonded di ko na siya magalaw basically because that's a ridiculous timeframe if it's a short term buy and sell and you have to wait 14 days to get back your coin that's ridiculous sobrang nagbago na yung prices by that period in time so you do need to bonds stake them so this really is a long term investment although if you're used to crypto you know already that like Ethereum the modern Ethereum Ethereum 2.0 the regular staking is like bonded staking sobrang tagal it's like 28 days or a month or something just to put your Ethereum into the staking network of Ethereum and I think it's another 28 days just to get it back and the Ethereum network the Ethereum interest rate is terrible it's like 3% it's ang baba lang compared to the old coins so most large networks already support bonded staking if you're on Kraken Binance, Coinbase and things like that you can probably get a higher interest rate return if you're natively depositing these coins into their native platforms like you don't do it through an exchange you manually have a wallet for dot, for atom, for secret but I mean to be honest guys that is a level of tedium it's very difficult sometimes to set up the proper wallet and to stake it properly on the network I'm doing it every month and I'm worried pa stable ba yung wallet ko tama ba yung settings ko will I get my interest rate tama ba yung ginawa ako doing it through a network cuts through all of that frustration yes, the interest rate might be a little lower pero matas na nga sila and you're saving yourself a lot of aggravation instead of having to do it manually I've heard I've never tried but I've researched a little bit and it doesn't sound like a good time trying to figure out how to manually stake these altcoins hell, I've never even staked manually bitcoin or ethereum all of my staking is through Kraken I just don't have the time and neither the inclination to be honest to be fudging around with yet more settings and the crypto stuff the crypto stuff the UI is not like any miners out there know what I'm saying the UI is not that great to send commands and just in general it's a very confusing space to be honest even for someone like I've been around it a long time but can't get pretty confusing so you sidestep all of that trouble all of that hassle by just staking or bonding through your exchanges so I will play the ad again and then I will see you guys after the ad jump pinakabago mula sa cdkeyoffice.com windows 10 and windows 11 activation pose legit, safe, and pinakamura madali lo mo order hanapin ang reverse version na gusto mo piliin ang preferred paper and canvas wala pang 5 minutes na cdkey ka na para sa windows mo maraming na kaming na tulungan date sa eking depressed ako but now I'm from a log of my life date eking less ang walang purpose ang life ko but now I'm a world-class zumba instructor so web developer ako and content creator for a youtube channel and ngayon ganun pa rin ako pero activated na yung windows ko kaya ako naghanap ka ng legit mura at original software check out cdkeyoffice.com check out cdkeyoffice.com check out cdkeyoffice.com so that is the strategy in a nutshell I've identified already here the top 3 coins so dot, atom, and secret secret has the highest bonded interest rate at 26% per annum a short breakdown if you go even with the most conservative 15% after 3 years you have attained 50% return with the highest possible return from secret 26% after 2 years na ka 50% return ka na as with all things, it's not investment advice but as with all things everything should be diversified so I am pursuing a short term strategy a long term strategy strategy with crypto outside of crypto and things like that so it is a very confusing space and a bit of a scary space but I think I've gotten very aggressive with my short term trading I have tilted a little bit into the shorting so I like shorting things now basically you're betting that a currency will drop in price in the very near future it's super expensive and super risky you're exposing yourself to a lot of liability but the upside is that you can make money even when prices are dropping although I I mentioned that bitcoin was around 30 I had shorts not on bitcoin but on three other altcoins I made quite good money on two of them I lost just a little bit of money on the other one but I should have held on longer because the next day from $28,000 for bitcoin, again $26,000 I basically would have much nicer return but I was it's hard to read the market once it hits $28,000 will it rebound will people say na I think now is a good value buy na to so I should have waited a bit longer but that's a problem with short term very short term goals parang you're very bilis mo kumasa you just really want to get your money out or get your money in it's very fast long term that's why I also like this long term strategy there's a lot less thinking going on ba sa yung sa akin every month I put in a little in all of these three coins and then I just bond them and forget about it I list them down and I bond them so that the only point where I have to think is at what point in the month do I buy ka sa siyempre you still want to buy na man at a good price but right now it's an excellent time to buy minga the markets just crashed I mean it was a mini crash last Friday and then they started recovering yesterday and the recovery is a bit flat now or easing off now interestingly we're supposed to on Tuesday this week we're supposed to come out with the US SEC denied the application of gray scale for a Bitcoin ETF or it's like a future trading for Bitcoin but apparently gray scale appealed to the to a court so outside because initially it was just with the SEC now it's with an actual judicial court and parang the decision was to come out on Tuesday so if if the court says that it should be approved or the application should be granted then you can expect a nice rebound in prices for all currencies basically especially Bitcoin I've always wanted to find a site that has these kind of relevant details for crypto traders like okay tun date na to mahalaga because we're expecting the decision of so and so to come out or this date the network of Ethereum will migrate to another protocol parang yun nga just a calendar magadating na what's upcoming events that crypto trader should be aware of I haven't actually found a site like that so siyempre parang nagisip na ako to why don't we do a sideline for that alright let me get through the chat a little bit I am happy to see that restream chat is working now finally the last time I tried to stream about a month ago through through restream had a bit of trouble with it I know it's still at that price now actually the PG48UQ is still around that price now time to buy itx addict you know I don't really like I'm very shy about giving my predictions because I think I'm not very good at it because if I were really great at it and I would have a lot more to show for all of this trading but I think it's very unlikely for Bitcoin to hit 20,000 like for context when the pandemic hit it hit it was around 5,000 when it was around 5,000 it dropped to around 5,000 us and that was a worldwide pandemic and I was able to buy but I was scrambling like I was lining up in Union Bank with my mask and everything and trying to get money into it so I could buy Bitcoin because even then in isip ko this is such a great buy if the world ends I won't need my money anyway because we'll be using bottle caps as a means of exchange and if the world doesn't end for sure aakit yan $5,000 for a Bitcoin so much money in as possible during the pandemic because banks are basically frozen everything was frozen but I was able to get some in and I was able to buy that said I don't think Bitcoin will hit 20,000 barring any major unforeseen event but even God forbid China goes crazy and invades Taiwan and then the US gets involved but even then I wouldn't bet that Bitcoin would hit 20,000 I mean I mean I'm terrible I don't really put a lot of faith in my own predictions I'm trying to think of any other event which would lead to Bitcoin dropping that much but I can't think of any medyo malabo for me na babagsak yan to 20,000 I got sufficiently enough that I was happy with it but you know it's easy to think now that oh we should have bought then but at the time it was just kind of like having fun it's like wow I have a GPU I can mint money and I can use it to buy coffee and di pa naman sya ganoong kabonkers na 60,000 per Bitcoin or something thank you Ochi if the one who asked MDK Gaming Ben the double JP sorry JD it was JD who asked if you're still watching JD Ochi has the answer I thought it would author reserve and do all of those kind of settings by itself who has a silver play button I keep forgetting I try to display it like when I do live from the shop and stuff but now I want gold I don't even I won't comment on that and we should play Fortnite tonight maybe not tonight because I have to wake up early tomorrow but soon po'y I did it now let me just finish this stream LJ unfortunately Tonic stopped that program so yung parang yung salary salary loans program nila with the second shop to be approved by Tonic we had good relations with Tonic but unfortunately they had to stop their salary loans but we do have other programs now so we accept installment payments via credit card we accept installment through bill ease which is another kind of program but currently Tonic doesn't have salary loans na for anyone I'm gonna start a cat channel Saap Osir Saap Romel I'd be scared to I don't have any experience trading in futures whether it's futures for crypto or futures in commodities which usually is so I'd be scared to roll the dice on that for me parang masugal yun so the way I approach trading crypto it's like poker you kind of weigh the odds you try to put in good bets right but I don't know enough about the futures to think that I would be able to do good bets on that I put a lot of my coins in Kraken where I do the most of my trading Saap Moniker I actually saw an interesting so he was an advanced trader a trader has been doing it for a long time in crypto he noted that the crypto market takes off it's inversely proportional to the Nasdaq when the Nasdaq is kind of struggling, it's dropping it's stagnant he noticed that there's a pattern and then that's when crypto goes up so I'm not I haven't really looked into that claim myself although the logic there is that since the tech stocks are stagnant people are looking for better returns that's why they kind of start dabbling in crypto this one I agree the safest would be a hard wallet but there are risks also associated with a hard wallet you might lose it, you might forget your password or a cold wallet meaning it's disconnected from the internet it's very difficult a cold wallet, it's very difficult to use it for trading because you'll be putting it in and out then you'd have to transfer funds there are also transfer fees involved I've actually been using Kraken as my primary wallet also for a long time there are related risks to that as well pero it's just not feasible for me to use a cold wallet at least for the frequency of transactions that I do if you just want to buy it and store it long term yes, I completely agree, a hard wallet would be the best never underestimate the risk of forgetting your password or sometimes some of the hard wallets have biometrics or actually losing the wallet or God forbid your kid throws the wallet on the floor and it chatters so there are associated risks not so much the thing with halving events so for the audience halving is basically when the amount of rewards that you get for contributing to the network that's basically mining is halved, it's divided by two the thing with halving it's something that everybody knows is coming so I think the market already takes that into consideration especially for the litecoin halving which is coming up very soon I think September, if I remember correctly or end of August soon, soon, very soon if you look at the previous historical performance of litecoin for their halving the price actually decreases over time like three months after the halving so instead of you think oh, it's halving the coin is more valuable because less of it will be produced less new coins like it of that coin will be produced in the future therefore, you know, there's a it'll be more valuable, I should buy now but if you take a look at it the long, like three months six months after the litecoin halving anyway the price actually drops so I think that's because it's very well known information investors already take that into consideration so if you want to take advantage of the halving, you should buy well before the actual event yeah so me personally, I don't really pay too much attention to the halving I have been tempted to short axe infinity I have not yet, I haven't found a good price that I want to get in on for sure how long do you want to wait if I had an open ended thing, like somebody were to bet me 10,000 pesos never akit yung bitcoin to 30,000 I would take that bet basta yung time period never kasi di ko masabi kailang akit ulit siya to 30, maybe even 40 50, kasi the all time high ninyos around 60, I don't know I don't know if it'll reach at all time high ever but I'm pretty I would be pretty confident in betting it would reach 10,000 that bitcoin will go beyond 30,000 you see some ridiculous claims that by end of 2024, abo siya 100,000 per bitcoin, I think that is purely hot air and speculative but by the end of this year 35, maybe, I mean if everybody stops shooting at each other, like there are no new wars and economic data is good court decisions, favor crypto a lot of factors but if it's the last quarter is good for crypto, I can imagine bitcoin going up to 35 or so not to say that I think those events are possible or you know that there are some that are coming up but if it breaks like in a poker game if the cards break the way of a positive rise, 35 I could see that let's do it, I'm on board with a cat channel I'm tired of having to benchmark install stuff and you know if the content of the channel revolves around the cat, I'm okay with that I haven't tried copy trade I've been idly curious about it but at the same time parang, ayoko rin kasi it's like first you need to pay the service to have access to like ano ba talaga yung trades nung mga toad and I don't know it's itong invest investing your own money should involve doing research and trusting yourself learning enough about whatever product whatever investment instrument you're putting your money into so that you can make an informed decision yung copy trading kasi for me kind of shortcuts that approach so like there are so many coins out there like if a guy suddenly oh, I will invest in I don't know I'm gonna pick a random coin sui crypto is up 8.58% now, sui I have no idea what that coin is but like if I'm copying a trader who says to go into sui mag-alala ako because I don't know anything about it and I am not comfortable not investing in something that I know nothing about although that said like I follow a lot of coins very little about except the fact that I've been watching them for a long time yung at least you're I think the first step in any trading strategy is trying to get to familiar with the amounts that you're talking about like the values maka na ba tong coin nato noon ngayon yung expected based on the performance and other external events parang ganon let's end on a tech question thoughts on the line of situation I did mention this in the live stream so it's more like I don't really have thoughts on the matter itself although I do think what they did to billet labs was pretty terrible I don't have any ko like I don't haven't really articulated any thoughts on the alleged sexual harassment not by Linus but just the toxic working environment in the podcast it's just more of a takeaway I think we hardware sugar can take away pick up do better on from the whole fiasco between LMG, Linus media group and gamers nexus and yung I feel I don't like jumping on that bandwagon or just jumping on bandwagon to general kasi parang it's like parang may masabi lang and I don't feel that that's really productive so we covered it just so that if our audience hasn't heard yet although it's very difficult to hear about about the serious allegations raised against LMG but you know in case you haven't heard it then we have a brief synopsis and then I have some takeaways but it's more like how it's applicable to the channel rather than oh Linus is a jerk and or Steve also kind of sounds like a jerk although my friends and I have been talking about it privately but yeah I don't have really anything I think it was one of our youtube members asked me like so what's my take on it or like if I had any advice to Linus or whoever but I don't think I'm in a position to give that advice they've been at it for much longer they have a lot more resources to do the testing that they should be doing compared to us yeah so I think the podcast pretty much speaks for itself honestly I have been following the situation with parts mixed with like professional interests and also like yeah I mean it's kind of juicy I admit it is a juicy story and then the back and forth between these kind of giants of the youtube tech space I mean that's the chismoso part of me like hmm yeah and then everyday may bagong may bagong parang abangan ang susunod na diba but I try to tamp down that that part of me but I do admit that it has been a very juicy week for tech news I know right ITX adic I mean grabe talaga yung video niya no holds bar never mind if it was if Linus deserved it or not and whether the criticism was well founded or not which I think it was parang kahit ako na malawang connection kaya LTT, medyo na iniis ako na grabe karawan parang it's really basically basic call them incompetent without calling them incompetent and you know shills without calling them shills and the tenor of it was also quite yeah is also yeah and I mean his fans will argue that well you know when you're calling somebody out and I guess that's true but if you take up rhetoric there are three pillars of rhetoric and basically any of these videos you're just trying to convince someone diba whether it's a person that you're critiquing or your audience and so that's ethos, pathos, logos, logos, logical appeal, pathos, emotional appeal and ethos so you're kind of like the image that you're presenting to your audience you want to sound reasonable. I thought the ethos of Steve's video critiquing Linus is a little off because he does come off as a little like because he's Steve of Gamers Nexus and he knows all this stuff like when he was rattling off like the hosts of LTT they can't even get basic specs right like ilambang cash na itong Ryzen CPU so the host gets it wrong his voice over they also get it wrong on the text that they posted online and then in the video and then Steve is just rattling off the proper specs and for him it's like water off a duck it's like I'm rattling off my birthday, I'm rattling off my social security number I mean like sobrang ingraining number sa kanya sobrang pilis lang but yeah it does kind of come off a bit off-putting because not everybody is a robot that memorizes all of these numbers and things like that but that's why it has been entertaining to watch but anyway, enjoy the long weekend guys we have another one coming up the shop is close tomorrow but I will be there probably in the afternoon I have to do something in the morning but I will be there for for live from the shop tomorrow and then 28th we're open so next Monday holiday we're open we had a lot of stuff going on in the shop I'll talk about it in tomorrow but the workload has kind of eased off a little bit so if you've been waiting to get cleaned or something upgraded or a full new rig, now is also a good time now is a good time to buy bitcoin not investment advice, now is also a good time to go to hardware sugar if you need stuff done, medyo nag eased off alit yung workload namin live build, we had like bonkers live build like 200,000, medyo matagal nga since that bonkers live build alright I have to prepare you notice my daughter did not interrupt me this time because I chose to stream while she is not in the house but she is back soon she will be back soon and I need to prepare her milk so have a good one guys, enjoy the long weekend see you tomorrow at live from the shop