 All right one digital asset news take a top stories and crypto and break them down into bite-sized pieces So today just the thumbnail and the title suggests I want to take a look at just some fundamentals and take a look at what's going on behind the scenes because I think There's actually an easier way to do things just to simplify what's going on So we're gonna take a look at what I like to say is that in the bull market everyone's a winner But of course in the bear market comes in everybody's a fundamentalist. We'll take a look at passive versus active Investments also, we'll take a look at how Ukraine gets it right the second time and then also interesting story How a bank just bought a big plot of land in the sandbox for the metaverse So take a look at those stories and then at the very end we'll do five questions in five minutes at the very end So hold all your questions till the end try to answer those to the best of my abilities At the conclusion of the stories. So first of all just so you know if you're here for the live stream Welcome extra stop and buy if you're here for the Replay just know there'll be time stamps below so you can fast forward go every want to but everything's in a linear motion We try to do the news for 15 to 20 minutes Then five questions in five minutes, and then we bounce them. We're out of here So that is how we do things. So let's jump right in to The market and see exactly what is going on. So first of all markets looking pretty good today Actually, I think this is the second day of actually on an upward trend and yesterday We had drone Powell come out and say that I mean after all of the dog and pony show said hey, we're gonna Increase the rates by point two five or quarter basis points, and I don't think this surprise anybody I don't think it did. I mean maybe some people were living under the rock and haven't really You know checked out these things were like wow a quarter point. That's crazy But the market responds and it was the exact same thing You're like well, this is stability. So we'd like to see that so Bitcoin responded now It's at 41,000 up 1.5 percent ethereum's up Fiances up you guys know what's up because you watch your portfolio all the time But avalanche is the big winner today in 24 hours almost 14 percent Three percent for the weekend. It's looking pretty good across the board I don't think I like anything's down in the last 24 hours. I'm on narrow, but sure waves maybe and But everything else is up. I mean for the most part So it's a pretty good day and then what I like to see is is how did everything respond in the traditional market, you know with? Jerome Powell coming out and saying hey, we're gonna, you know increase the rates and I think The traditional market crypto markets every market expected this quarter basis points and it happened and it responded positively so Not the big boogeyman in the in the closet. I think people thought it might be S&P 500 actually closed that's a pretty good high point But let's see how it didn't last five days. You know looking pretty good a month. Yeah six months in a year And not too bad and then NASDAQ how we looking for one day looking pretty good five day great one month somewhat six months not real great and then for a year not real great again So that's what we have as far as the markets go now. Let's just jump into what I like to say is is a top story and This is gonna go over a litany of different information. I There was this great video this is Beal Julie Beal and she is a hedge fund manager and what she says here makes a lot of sense because there's so much Volatility in the market. I think it's it's good to hear from different perspectives in Traditional and crypto markets to see what people are seeing and that is going on. So like I said This was from my Twitter post. So if you don't follow me, it's that news asset Usually I do the big the information on Twitter first before I put it out on YouTube I said, this is it. This is when the markets, you know, really rip and ripping Everyone's a gambler and everybody's a genius in the bull market and they always say the same things like oh, you know Well, you know, you really got to get into these plays and there's a lot of different out there And you really got to you know, push the envelope and of course they're geniuses in the bull market But when the market retracts all of a sudden everybody who who told you all these different crazy Different ways to invest all of a sudden they disappear and Now everybody's a fundamental fundamentalist and I just say like this just be a fundamentalist your whole time And it kind of makes a lot of sense. I know it's not the most sexy answer But guess what? You know, it's really sexy is is Doubling tripling quadruple your money over time and that's really what it comes down to so just take a listen It's like a minute or so. Let me stop the screen. We share see actually hear this What she says Here so quick minute, let me mute myself so you don't hear me And Julie one thing that you're looking at its fundamentals over forecast that makes a lot of sense What's the backdrop that you're seeing right now? So I think when we look at the global economy There are just so many uncertainties that pop up every single day and they're things that we couldn't have predicted far beyond that I think we have all gotten very attached to our Fancy Excel models and our dot plots and our forecasts and frankly, you know I think you can throw them all out the window because it's just not possible to predict where things are going Why not instead focus on being more of a business analyst and finding really strong proven Durable business models because you can go back historically and see hey How is this company performed in a financial crisis? How is this company performed in an oil crisis? And when you do that then you have a lot more certainty that they're going to be able to weather that Yeah, and we've seen sort of a come-up in for a lot of the companies And I'm thinking mostly the fintech space that have not operated in any of those environments And we're seeing reflecting the socks right now. Julie. I want to get that's a good one. So I Like to hear these these different opinions As opposed to you know just going out there and throwing a bunch of money around and going You know what? This is the best thing to do of all time And I really is it because it seems like sometimes fundamentally things work out and it's like my friend My man Mullet says he says it's amazing Rob how how a short-term trade turns into a long-term investment as things go sideways because the market tanks and It just kind of comes down to it is like just like what this Miss Buell said here She goes, you know, maybe instead of you know looking at all these models and trying to predict everything and where it's gonna go Why don't you just be a fundamentalist and take a look at the business itself and what it actually does and the and the things behind it now when the The the person that was in for like the narrator the other lady here She says, you know It's interesting of how you can get things into and actually take a look at these businesses Is how they've done and like a recession or how they've done in in past performances with crypto? You really can't do that. We've never really been in a recession for For digital assets, I mean Bitcoin was created in 2009 because of an economic crisis and now as we kind of move into that We can now we can actually see is is this going to work out? Is this store of value actually going to be the narrative? And it's actually going to achieve what it's supposed to and I think it actually can it just takes a little time So really what we want to want to think about is this is you know All these things that we're talking about For investing What's a good strategy? You know, can we do it active? Can we do passive? And what I'd like to do is just really quickly Take a look down that road. So this was this was an article And I've ever first I'm not gonna go into it and detail it all it's just a warm-up But it talks about in one of the most volatile markets and decked a decades active fund managers Underperformed again because I'm always thinking to myself If I am into Investing am I doing the right thing by just doing some some passive investing just dollar cost averaging? Or should I be out there and like, you know be a real trader and get into it and you can it just a just It's very tough and even for some of the experts. So this one was This was on 2020 stock picking as a terrible track record. So this was Stock picking as a terrible track record. It's getting worse. This is a thesis of Larry Swedger He's got a book out the incredible shrinking out alpha and Swedger was a chief research office for Buckingham wealth partners and his corporate 18 books And what was interesting to me is that again, I like to see like how Just a passive buy-and-hold dollar-cost average person active getting in their leverage trades and and trying to really make some You know some find some undervalued types of things and kind of get in and get out And just looking at stocks Every year S&P Dow Jones indices Does a study of on active versus passive management and they found that after 10 years 85% 85% of experts large cap funds Underperformed just a buy-and-hold S&P 500 and after 15 years 92% are trillionaires. What did that tell you only 8% of these hedge funds? And these are like people doing for years and years and years have outperformed just a basic buy-and-hold and then it really comes down to This statement and it's pretty it's kind of awful, but I'll tell you what it is And he states we know from all the research that retail money is dumb money on average Let me say that one more time We know from all the research that retail money is dumb money on average the research shows that on average I'm not talking about you miss on average the stocks they buy Go on to underperform after purchase and the stocks they sell go on to outperform And now there are fewer dumber investors take advantage of because they're just doing the buy-and-hold strategy And then I took a look at this one here. This is from it's a executive education from Wharton School of Business It's a pretty prestigious college for business and what they do is do additional Education what they took a look at was active versus passive investing which which gives you the better returns So research by Wharton faculty has shown that many cases active investment managers are not able to pick enough winners But does active investing become more appealing for high and now worth investors like that could be you I'm not for sure I just regular investors and Again Wharton faculty, I mean these guys that they did the study They've got extensive knowledge of portfolio management modern portfolio theory behavioral finance passive and active vehicles performance measure blah blah blah right and It states while actively manage assets can play an important role in a diverse portfolio Even the faculty involved in the program say that even large investors often do best Just passively investing buying and holding for the bulk of their holdings So I know like there's a lot of things out there Where you'll see like hey, I'm gonna teach you how to do all these crazy strategies and and just sign it for this course I gotta tell you some of them work like my man Mullet talks about he says he went to one It was fantastic. It worked out pretty well, but I think for the majority. I Don't think a lot of people are making money on Just straight trading. I think a lot of people are making their their income on buying and holding It could be wrong. Let me know what you think about in the comment section But I think that there is some incongruence of what's going on So the benefits of passive investing very low fees good transparency tax efficiency. That's another thing like I now I some of that don't understand about like for for trading like if you're a day trader You have yet to pay capital gains tax unless live in Puerto Rico like me and you got to pay short-term capital gains Those things even if you wait a year you have to pay long-term capital gains So even if you're outperforming the market, you still got to pay like 20 to 34 percent in capital gains It doesn't make any sense and then again over recent ten-year period active mutual fund managers returns trailed passive funds consistently said more and then it goes into more statistic 97% 77% and That is the big one so I think like as things go on as far as like stability, I think it just helps to Just to be a little bit more of a passive investor and it makes things a lot easier and again, this is really what it comes down to In in this time. What's your goals? So like if your goals are to I mean the Lambo's in the mansions, that's that's fine I just like for me like these I put this out a couple days ago and For me, it's freedom and time So if you're out here and you're into the crypto market Just realize that you don't have to trade and and do all these wacky things that are out there again That's not investment advice. Just investment opinion. I just buy and hold dollar cost average and It just seems to work out over time and that's just really what I The big issue that I want to bring to everybody's attention. There is some stability out there just for Buying holding so let me know what you think about that in the comment section. Let's go on to our next piece Ukraine So the world's on fire and that's a problem, but on the bright side for crypto Ukraine's president Zelensky signs of virtual assets bill into law legalizing crypto So this was a these the two big stories yesterday drone Powell comes out and raises rates and Ukraine legalizes crypto but to dig into it about what it actually is So not only they legalize it A lot determines legal status classification ownership and regulators of virtual assets as well as setting registration requirements For service providers and this is from the Ministry of digital transformation The mark will be regulated by Ukraine's national Commission on securities and the stock market kind of like our SEC But I unlike our SEC they actually understand the power of this and they're not stifling innovation Exchanges will be able to operate legally and this was interesting banks will open accounts for them The digital management ministry said the state body is taxed Task with shaping and pursuing a policy in the field of virtual assets determine the order of recirculation of virtual assets issuing permits to virtual asset providers and Carrying out supervision and financial monitoring in the area. I think it's a very simple thing to do Why couldn't they all do those the bill passed through Parliament of February 17th after Zelensky rejected In earlier version approved in 2021. So that's why I said like Zelensky gets it right the second time It's amazing what a war will do for you, right? all of a sudden there's a there's a little bit of a hassle of Getting this this was a An article I said that this is a Ukrainian diplomat was arrested trying to leave the country with $140,000 12 kilograms gold bars 18 kilos of gold jewelry and 68,000 euros this was their their suitcase and I'm like why they do that All you got to do is just memorize 12 words for your seed phrase and you can smuggle out billions so when So when the Ukraine here is there First of all, they had a pretty sizable amount as far as donations in crypto It's amazing that when that type of funds come in And they're like well, how are we gonna make this work? Well, let's just legalize it I know we rejected it in an earlier version, but if we're gonna a lot of money Let's make this happen and then I know people will talk about well, of course, they're going to to ban it at some point No, they won't Countries won't for the majority won't ban it. You know why there's so much money in crypto digital assets They're not gonna miss out on their opportunity to tax the living tar out of it, which is what we says here Lastly the Ministry of Finance is working on amendments to the country's tax and civil codes to fully launch the market for virtual assets First they have to get out of the war, but I mean to me it only makes sense that hey, we're going to Tax this so of course we're gonna make it legal and I think other countries will follow suit But we'll see how it goes. Anyhow, let me think about that in this comment section and lastly the bank a particular bank HSBC Buys a virtual real estate in the sandbox metaverse. So what's going on here? This is Oh HSBC is the first global bank to enter the sandbox metaverse did not know the metaverse is how people will experience web 3 the next generation of the Internet using immersive technologies like augmented reality virtual reality and extended reality This is from Suresh Balaji chief marketing officer at HSBC Pacific Asia. I didn't know that they joined These brands and companies that are partnered with the blockchain gaming firm including Warner music groups Gucci and Adidas So for taking a look of like what could potentially the next big thing. Well, I know people talk about the metaverse I have my doubts, but I mean it's hot right now But I mean we'll see how they monetize the whole experience And then last month mega bank JP Morgan unveiled a virtual lounge and blockchain based world essential land And I got to tell you the mean as things move forward. It's amazing to me how Fast certain parts get adopted and only it's all right. So if we're looking at Cryptoverse plays and play to earn plays I will direct you to digital asset news clips We just talked about a bunch of plethora of different Play to earn games one of those avagacchi I think is gonna be big and their metaverse actually launches March 31st Not March 31st 2025 like March 31st This year and then we talked about the cryptoverse We talked about again, so Kishi so you can go check it out over there Or if you want to just go to Dan teachers crypto comm hundred percent free Go to module six right here Click on that and then we've got a bunch of different videos one I did with crypto stash, which was great one Which kind of lays out like why the metaverse can be big and why play to earn games and what it'll be like in 10 years and then here's Into the cryptoverse Medici so that's what's up. So that's what's going on in the news did it under 20 minutes not too bad So that concludes the news portion So for right now if you want to do a Q&A stick around great Let's answer five of your most burning questions in five minutes, and we'll go from there if you can't stick around Thanks for stopping by appreciate it leave a like dislike whatever we want to do consider subscribing. Let's jump into Q&A and go from there Ah, let's see jelly bean is here great Trump says the Ukraine news corrupt Here's every government's corrupt. Come on. Thanks. I did a great Did a pretty good studio walkthrough yesterday, but it's mostly me shilling autonomous At least I'm honest. It's a good one. What's your thoughts on about men's swap? Well, hopefully do a better job than a Sunday swap That's all I can tell you. I mean look Sunday swap That was kind of a nightmare Just to get things going, but it was a test that I know people are gonna attack me because like all you don't it was a test And you had to give them time. I want what I want, you know So thanks for not being super flashy and Bob. I'm not Good question these look ain't says hey Rob Donald Trump knows about money and he knows about sanctions Is he secret wallet number three if you guys don't know a wallet three is let's see. Oh This is it. Let me show you something Let me share this with you. So if you go to bit info charts Bit info charts calm Where is it Is this the one I don't know if it's this one or no, it's not it rich list Yeah, here we go. You got a Bitcoin rich list and then you go down to wall number three and Wall number three is famous because it's not labeled as any of the exchanges just some random wallet and What's amazing is that you can watch that first of all one thing you'll notice is that it accumulates a lot of Bitcoin a lot and Rarely does it sell But it does sell at some very interesting time points like kind of like at the top and I think Or near the top Where's the one there's one that they actually sold it like 68,000 or something like that And it's just amazing to me that they were actually able to time that so Wall number three if you're looking at like oh here it is look at this one. Oh, yeah It's my frickin. I lighted so they sold at 67,000 or no 60s Yeah, 67,000 510 it adds When it was that price and they sold a good 1500 Bitcoin, but just noticed that and this is the kind of proven point again is that It's not about Timing the markets just time in what they've done is they started to accumulate Back in 2019 and I thought it was adorable that they actually Dollar cost average at $3 and 20 than 9 and then they spent 19 million. So I thought was pretty funny But yeah, check that wallet out because that seems to be like the ultimate whale wallet to see when things are dumping and whatnot again Bit info charts calm Bitcoin rich list click on number three and that's it So I think it's Donald Trump. I think that Donald Trump has that much money to put into Bitcoin Question number one Question number two. I don't know if this is a comment or a question still holding a bag of Voyager. Yes, I haven't I Don't think I sold any I might have sold a little bit, but I'm still that highest tier that third tier up there So I'm pretty happy with that and what's great about Voyager is that every month I get some The rewards and of course They are accelerated because I'm in that highest tier then also I just got approved for that debit card Which should be coming in like a week or so so That'd be fun. That's a good question question number Three what's your opinion on Joseph Lubin and the raising rising raising ethereum centralization evolution So we talked about this yesterday actually we talked about This is not gonna be popular, but I'll just say it. It's amazing to me that Everybody talks about decentralization Until a super centralized project Becomes into the top 10 and I'll just say Binance coin is super centralized. Let's just be honest And then all of a sudden it's like well, it's no big deal because we're all making money So whatever else and everybody turns a blind eye to it not everybody, but that's amazing to me and ethereum I know there's some like I talked about yesterday. I said look a theorem is the winner Yesterday, I said a theorem is the winner and it's true right now If you look at the total volume locked up and defy llama. It's God let me see I'm gonna bring it up James I should probably want to see this So in defy llama Yeah, so see this number right here all the What's locked up in total volume and which is a good indicator? I think of where things are going not all the time But sure ethereum they got a lot of everything's built on tons of things are built on the theory I'm not everything but they got 116 billion locked up 116 the second one is Luna go figure 25 billion. That's a lot and People will debate me on if it's centralized or not whatever the buy-in chain They've got almost 12 billion and then you know down the line. You got billions billions billions I always thought Cardano would have more locked up, but it doesn't but of course everybody in Cardano will tell you that You know, well, we're just building and sure so I mean look Just because you're on top right now doesn't mean you'll be on top in three five years Go talk to the creators of my space and they'll kind of tell you that so what's my thoughts on a theorem centralization? I Don't think it's I don't think it's good for security as far as things become more centralized But is it truly centralized? Well as far as power goes, I mean you're gonna have a lot of vcs Checking in and buying a boatload of it, which they already did anyhow So I don't there's really anything that really has changed only it's changed Recently is that more retail investors like we talked about have sold their ethereum because they're scared And then of course all the whales have a bunch of money and just sit on the sidelines go I'll pick that up and they pick that up and Then all the retail investors that were Poor now become poorer. That's a crappy way to say it, but it is the truth So yeah, I don't see Dan Sometimes when I look at an investor's that are out there I just would like to shake them and say And I can't give them advice, but like if I could just go back in time I guess this would be the better way to say it and just start shaking myself. I'm like, what are you doing? Why are you selling this stuff? You know, there's no reason to sell it to sell unless you absolutely need it Just hold on to it for a bit and go from there as long as it's you know gonna be a good product There's time you have to sell like I always give my example dash of salt remember salt crypto supposed to be the next big thing Tanked after a while. So in some situations you have to sell, but that's what we talk about take a look at the UTC What's the utility? What does it do? How is it different? What is the team? How good are they? How where have they been in the tokenomics? So they hit their dump on you as a bunch of VCs Or is it's a really scattered about so that's what I can say All right Wallet 3 is poosin. Ah It's a great question. What top 10 layer ones you think are the most likely to be the salt dash this cycle Binance coin XRP Luna Cardano Soul and a vax. I don't see any of those is being really going down down Cardano If it wasn't look the Cardano community is what keeps that going, right? and There's a lot of Technological advancements. I keep hearing about great. I have got a lot of Cardano myself But do I think the Cardano be the absolute winner? No, I don't think it's gonna be the absolute winner I don't think anything's gonna be the absolute winner XRP is gonna do well after they win the court case. I think they will Solana is Got a bunch of VCs behind it It's it's majorly backed and it's making and also the reason my salon is probably gonna make it so well is because You got Sam Bakeman freed from FTX and he super believes in Solana and he says we try to break it We couldn't break it We're gonna go forward with this and that's why they have that NFT marketplace based on Solana So if you if you if you're gonna bet against Solana you can do it I just wouldn't do it. I own so I own all these things except for Binance coin And the only reason I don't own Binance coin is they can't get my hands on it I mean, I probably could but I don't really want to go through the process of whatever else and of course I think Binance coin will do well. So Which layer ones you think are the most likely to be the salt bash of this cycle? The only one I could say is XRP is if they lose that that court case But I think would be a lot of these really bad for not really bad. It'll be bad for us around the board All right There's another question question for are the big money traders holding the price range between 38k and 45k only make Bitcoin a day-trade vehicle It makes sense to me like And I've read this article on Sam Bakeman Fried and he said a lot of his money what he made was just arbitrage You'd have some, you know There's an exchange in a certain country and then he would look over another country And it was like a $2,000 price difference So they would just do that all day long and just pump up just pump and pump and pump and it would work out for him Because he had a lot of money to do that. So for me like if I'm a trader, I want volatility, right? I want a lot of volatility. So if there's tons of that, I'll just be like, well, hopefully I just keep this this gravy train going and you know Drum out all the other retail investors and just make a boatload of money Fortune that's what it is. Can they do that forever? No, I don't think so because I mean you do have a lot of institutions actually gobbling it up But I'm gonna say something and I hate saying it because I've heard it for so damn long is that One day there's gonna be a supply crisis or a supply shortage and it's gonna really go up Man, I'm here in that thing for five F in years We'll see What else? Oh Yeah against Akish. It's another one of those metaverse plater arm plays and again like When I was doing that that piece on you know passive verse active, you know It's it's good to go for the fundamentals, but like 5% you got to live a little bit, right? So like I invest into things like I invested a bit amount against Akish I think it's gonna be great and I explain why in the video It's not just because it's like just pull out of the air I take a look at the utility of the team the tokenomics the history and everything else and I think it's a pretty good project So I think I get an NFT because that was one of the early investors. I got to talk to those guys I saw it on YouTube or I saw it on Twitter And What's up mullet Like I mentioned you like three times a day. I like I like card down on two It's it sure does have a lot of a lot of stake pool operators. That's for sure It's still, you know, a lot of nodes. I mean, it's it's pretty decentralized. I do like that part. It's just You know, if you say anything negative about it's amazing to me Like if you say anything negative about a certain project, it seems like the community or I guess it's an every product Everyone because like some of the community will just go crazy and start to attack you Then I'm like if you're attacking me because I you know bring up a point about a specific project Maybe you gotta just take a step back and not be so emotional in your investment I think when you get emotional into investments, that's one of the problem Because you can't make the good decisions to get out or not like I'm actively Or have actively condensed my portfolio because some of them are just the just losers. They just are and You know, you're not gonna pick them all right, and that's it. I think that's it If we're going 33 minutes, maybe if I got someone What do you think about a board API club launching on multiple exchanges? They I heard they were actually merging with Space, what is it? Not space punks Crypto punks So I heard there's some kind of merger But I also heard on top of board API club is that they wanted them to there's a lot of verification of Identities and and things like that that the community was asked for it didn't make any sense to me So I don't know I will tell you this that board API club as far as the value that's gone down pretty Pretty quick. So if you were If you were a investor in board API club, you were down from all time not just like everybody else Okay, so that's it today. So look if you liked this video, give it a thumbs up I was gonna start subscribing to talk about our time sensitive and that's it for today. So thanks so much for Coming in appreciate it. I'll see you on the next one. Adios You