 Welcome to the last set news to get top stories and crypto currents in these last sets and bring on a bite-sized pieces So today instead of going over the news we're gonna do that later I wanted to do what I think is more important which in the army we call this an AAR an after-action review And we're gonna do is I'm gonna take a look at what happened yesterday and the lessons We can learn from it moving forward because I think it's a super important to do this because it's gonna happen again So first up which is pull up will trade the chain action and just take a look at what is going on So right on our cap is 1.85 trillion, which is pretty good Almost that two trillion. We were down to like 1.34 trillion. We lost a trillion dollars in About a couple weeks Just sounds funny saying we lost a trillion dollars. I don't know where we put it Hopefully we find it and yeah, here we are today at almost coming up with two trillion So we'll take a look real quick at the coins themselves and how they've actually rebound Let me blow this up so you can see a little bit better and Look bitcoins almost at 42,000 a theorem is almost at 3,000 Finance point everything's up pretty good the one-hour change. I mean, we're seeing some fantastic results But look at the 24-hour change. That's we're telling Bitcoin 32% if they're in 45% imagine yesterday If you just would have bought how much how much higher you would be in this timeframe. Look at Cardano Almost 70% up back to almost $2 34% for XRP, but the I mean everything's just a great look at v-chain a hot almost a hundred percent rebound in 24 hours Congratulations to the channel. I should have bought some more, but I bought everything else. It seems like yeah, pretty good So I want to just bring up to the point of like when people talk about how this is different and Things of changing and people will people send me all different types of things about why this actually happened The wike-off method where it's just you know massive manipulation There was a thread on reddit where it was some insider who said that he knew The elites and this was just gonna happen. It's gonna hurt 30,000 It's gonna rebound to 100,000 and then people talk about China. I talked about China and in essence This is the this is the great thing about being an investor and not like just this the day trader or swing trader or something That is I don't really care I don't really care what's gonna happen because I see where Things are going it's the same thing that happened in the dot-com era people were like it's just a fad. It's gonna pass away We'll see how that happened. So it's the same thing here. I just said it and forget it I dial the cost average and I talk about this all the time and it's funny because like as things start to go down Um seems like my views start to go up as people know You know kind of what my philosophy is and I kind of come back here Just to learn just some basics and then when things go up I'd like to ask anything he's talking about. I'm gonna put it all on Whatever coin and then just let it ride. I'm gonna just dump it all in and Hey, man, look, uh, you do whatever you want to do, you know, my way is not the right way This is just what works for me. My goals are not your goals But it's important that we take a look today at what happened to the market and uh, you know How it rebounded and why it's gonna happen again. So real quick. We'll take a look at bitcoin back in the day Uh, I'm gonna pull up this chart here See almost 42,000 and remember back in march 2020 when bitcoin was at a whopping 5,032 dollars is on 16th march This is when the coronavirus came out because of people who were scared about that pandemic didn't really understand it And before you get in the comment section about how the coronavirus is fake. I don't really care This is money. So let's keep the emotions out of it. I don't really care We can we can see that numbers are true and this number said there was a huge dip I don't care about the rest And when this came out people said this is different Crypto is dead. It is going to zero people are going to Hold on to their gold and their silver and their cash and it'll never come back because people are scared of their minds. Well you know That was untrue and just kind of kept going up and up and up This isn't even a September piece and then we saw some highs and then again, what happened? Another thing happened. Oh china Oh mass manipulation all these whales. They're gonna just you know crash into zero and it's gonna go uh down Here we are again, right? So yesterday I put up this video and it said you should sell And I got some heat for it because people were like, why would you put that video up? That's so ridiculous How can you tell people to sell? Watch the video and you'll see that I said in the first two minutes You should sell if this is too volatile for you And there are some things that I believe in that I try to pass on And I just think that if people are basing their investment strategy Over scrolling and through youtube and seeing a thumbnail going that I should sell Then I can't help you. That's just how it goes So I talked about why you should sell when you should sell and I just went over those criteria and that was like the first couple minutes the next 18 minutes I explained why the market rebound the things to look for what happened in the past And just to kind of give you a better understanding and maybe a better feeling about the market I think it worked because a lot of people came out. I mean said the one was like, how do you put that thumbnail out? whatever It doesn't matter. I can't reach everybody and I'm just trying to help the people that I can't help It's like, uh, you know the combat medic you just kind of save as many people as you can Go from there. So I put this out on twitter yesterday too and I think it's important to remember is that you're not a victim of circumstance Okay, whatever happens around Outside of your circle of control within your circle control around the people that you're in you control everything So if today's dip makes you uncomfortable, you got to think for yourself. How can I make it work for me? Right? If you think Jesus this tip is is crushing me and I'll never rebound That's the one way to look at it. The other way to look at it is like just like we always talk about I can buy the dip. There's some fantastic sales. I know it will rebound because these things keep rebounding just like we saw in march just like we saw yesterday so Crypto I want you to repeat after me crypto will not go to zero just like the internet is not a fad It just sounds so ridiculous, doesn't it? But it's just the truth and then what I liked about Yesterday was I got a lot of response from that video and this was from I'd blot out his or her name And I said she said he or she said hey my message may be lost in a bunch You might receive every day, but I want to thank you for your video this morning was about to cry and you made it all fine again with your explanations and This is what the video was supposed to be to do It was supposed to let people understand That these things happen It's going to happen again But you have to understand where you're at you're at the right place at the right time And you just got to remember these every time there's a huge dip that you have to be strong and tough And it's go I need to buy I need to get this I need to do that. These just investment opinions not investment advice I am just one person in your plethora of people that you can you can look at I'm sure there's a lot of people I'm sure there's some people out there just say, you know what get out of the crypto market Go listen to them. Maybe they know what they're doing. I don't know But in the crypto community, we've still been right so far. So Look at the track record and Speaking of track records, let me get to this. I'll give that a second I want to say congratulations to Celsius Because yesterday there was a lot of liquidations going on and on certain other platforms And Celsius didn't have to liquidate anybody says Alex says wow what a day bitcoin down 33 percent from all time high and yet sales network managed to make lots of money And had zero institutional and defied defaults on our loans All coinbase invest voyage around available and block by block withdrawals if they continue to deliver our customers So again, there are some people that are like my man, Lucas. He's pretty He's pretty What's the word? reserved in Celsius and trust, but even he put out a tweet that said, hey, I Got to tip my hat to these guys because they did it again. They did it twice They did it in march when there was that black swan event we just talked about and they did it today We didn't have to look with anybody. So, you know, just like in the army. You take a look at who's battle tested and who's been there Courage under fire and then you just go I want to promote these guys. Well in this case you take a look and go I think these might be ones I can trust so congratulations Celsius and then A couple of last things I want to talk about is there was a tweet put out by rel pal And it takes a look at the bitcoin price the current bit. Let me blow this up so you can see it Takes a look at you can't see it like that Also browser. There we go. It takes a look at the price of bitcoin From 2016 to 2018, which is during that massive bull run that is in blue Which you can see it kind of goes up all the way here The this is up to You know 20,000 back then And then where we are at right now the bitcoin current price. So we had this huge drop off But isn't that amazing how It almost paralleled the exact same trend line That we saw in the last bull run in 2017 all the way To july and I actually talked about this yesterday for These these dips how they average out to be about 40% And it went down just like it went down before and then it recovered and then all the way up to here now if you take a look at that Bitcoin goes to $480,000 now me personally I don't think That's going to happen as far as uh bitcoin of 480,000 by the end of this year. That's pretty high But who knows I have a very reserved price point Of about 130,000 which would which is right between the 120 and 240 and just so you know if if we Look at the market cap calculator the circuiting supply is about 18.5 million for bitcoin everything falls bitcoin That's why I'm always talking about it So it's around 40,000. It's market cap to be 740 billion just so you know Market cap is 782 billion. So we're close If I put 400,000 so if we took a look and we extrapolated that out and said well 490,000 at 18.5 Million then the market cap is almost nine Trillion which just so you know the the market cap of gold is like 12 trillion. So, you know, who knows but I honestly think That it's going to go somewhere around 150,000 which just gives it almost a mark. It's like 2.7 That's like 2.7 trillion no big deal 2.7 trillion and that's where I think it's going to go. So Lessons from the past It happened before it'll happen again. It always rebounds Make sure you buy the dip if you can investment opinion on investment advice And if you didn't make it yesterday, don't worry. Just a learning experience and off you go and I will finish up with this which is People will always tell me it's different and I'm shell shocked from the 2017 bull run I'm not shell shocked. I just know where things are going. No, I know the tricks I know the rug pulls and I know exactly the Um Things that people play. So I said this institutions, you know, they said rob Institutions are going to stabilize the price. You don't know what you're talking about Uh, and this is different Because all these institutions institutions still get scared They still have the answer to their shareholders and those people are also scared And as long as greed whales and manipulation are still on the market nothing changes Just like nothing changes When the market rebounds because it will always rebound but I know where things are going. I think I know where things are going The market will also have dips and retracements This is the things that you have to learn about and that's it. So Uh, take it or leave it. Look if you like that video, uh, go ahead and give it a thumbs up That's it for today. Uh, if you would like to it'd be great for me And help the channel to subscribe all things we talk about are very time-sensitive like we just talked about this whole video I'm going to do a news video to today We're going to talk about the Guggenheim CEO saying that first he said that bitcoin going to 400,000 Now I think that's all about tulips and then we're going to take a look at the price of gold and There's a value of things like that. That's later. So that's it for today. Thanks for watching. Hopefully Next time will be better and uh, just realize that uh, the market's not going to zero and that's it for today Thanks so much for watching appreciate it. See you in the next