 Welcome to Digital Asset News to get top stories and crypto and bring them out of bite-sized pieces. Today, just as the thumbnail suggests, we're going to take a look into 2022 by retrospectively taking a look back into 2021. We're going to try to answer the eternal question, is hodling the answer? And the answer is no. And yes, I'll explain it a bit. Also, we're going to take a look at what history tells us, just taking a look at what has happened, hope potentially what could happen. We're going to take a look at why 2.3 trillion for our market cap is absolutely nothing. And then we're going to talk about a video we'll do at the end of the year, which is 2021 predictions that I made in January and how I measured up. And then also, we're going to take a look at my exit strategy and just talk about did I live up and do what I said I was going to do. So we'll take a look at all those things. But first take a look what's going on into the market today. So today, it is the 27th Monday, beautiful day here in Puerto Rico about 80 degrees. Just got back from the beach. Very nice. Family was in town. I took a couple days off. I mean, look, I mean, couple days for the holidays is a good time to actually sit back and reflect about what is super important. And usually, pretty much family. But today, we're getting back to the grind, taking a look at what is going on. So it's been a pretty good, pretty good timeframe. I mean, Bitcoin's up, Ethereum's up. And if we really take a look at the seven day, we can see there's been some pretty monstrous gains. We look at Solana, it's 12%, Cardano, 22%. We've got Terra up 16%, Polkadot 30% in seven days, 19% for shape. You know, wow, Polygon 27, trypto.com 26, 33 for Uniswap, 27 for Chainlink, and on and on 74% for near protocol. Man, that's a monster. And just on down the road. So there's a lot of good things that are happening. I mean, if it wasn't for these seven days, the center would have been pretty bleak. And then if we take a look at just some on-chain analysis over a crypto quant, nothing really going on too exciting for most of these. I mean, the all miners outflow in the purple, we don't see a lot of miners selling. The all exchange reserve for Bitcoin, looks like people are still taking off Bitcoin, maybe a little uptick and a little bit more. So when people take Bitcoin off the exchanges, that's good. They put in cold storage, they can't sell it. All exchange reserve for Ethereum, again, going down. Taker by Valium, you know, these whales are just buyers are just kind of propping with the price because they're like, we don't want to go too far down. And then, yes, we've propped it up a little bit. But this is the one that always concerns me. And it's been high the last three, four days. It's the all exchange estimated leverage ratio. And we get above 0.2. Those are pretty all-time high numbers. And we just hit 0.2103. Now we're at, oh, sorry. Now we're at the all-time, almost the all-time high, 0.209. So those leverage plays out there could potentially be not catastrophic. It's just a natural cycle. But expect some volatility when you have a lot of leverage. That's all I can tell you. So that's what's going on into the market. Now what we're really going to do is just take a look at into the question, is holding the answer. Now, on this channel, I've talked about just buying and holding, buying and holding. And is that really the correct approach? Sometimes. And here's what this was actually came about. There was a tweet that I thought was pretty darn interesting. This was from Blockworks. And they said, here's the price, the top 10 cryptos, last Christmas, last Christmas, 2020. Bitcoin was $23,000. Ethereum was $633. Binance coin, $33. Solana, $1.45. Cardano, $0.15. XRP, $31. Poked out was $5. Avalanche, almost $3. Luno was $53. And Doge, $0.004. And I have to tell you, I owned all of them, except for Binance coin. I never really gotten to Binance coin, just didn't. And still own, well, every single one, except for Doge. I get rid of Doge when Ilana Musk was on Saturday Night Live. I sold it at $0.66. I'm like, there's no way it's going. It's not going to a buck. And that was like one of the few times I've sold at the top. But who knows? In 10 years, Doge coin could be $2. I have no idea. But at that point, it just kind of made sense for me. And I just said, hey, this isn't a get rich quick scheme. It's a get rich overtime market. You don't need trade. You don't need to be a genius. You don't need to have a ton of money just buying, holding, you make it. It's very simple, but some people make it complex and it's not. And there really is some caveats to what I just said when I talked about there in that tweet. Because if you just hold on forever, would it be good? Let's take a look at a little bit of history, shall we? Because if we take a look before we get into history, let me just play this video. It's been stuck in my head for the longest time. This is Nick Murray and he is the advisor to the advisor. He's been in financial industry for 50 plus years. He is the one that people turn to as far as sage advice. And he gives some really good advice here. It's only a minute long. Just take a listen. The stock market in the United States in our lifetimes. I mean, since World War II has gone down an average of 30%, an average of every five years, kind of whether it needed to or not. And what was the difference in all that time between investment success and investment failure? I will argue that it was the single mistake of mistaking the temporary declines for a permanent loss, panicking out, thereby creating the permanent loss that you said you were fleeing from. Whereas if you had just sat there, never mind adding to your positions, which most people should be doing over most of their accumulating lifetimes, if not all of their accumulating lifetimes, but put that aside. If you just sat there, the temporary decline will go away and it will be then followed inevitably by a period of above average returns. That's the cycle. The big thing here is that, yes, he's talking about the stock market, but I think more in depth is probably the S&P 500 index. We're just indexes in general because stocks can go to zero, too. I mean, it's not like we're the only crypto or we're the only market that can go to zero because some stocks do go to zero. Some companies go out of business. It does actually absolutely happen. When he's talking about these things, it's like, well, is this everything? Because if we really then take a look at what history tells us, which is something like this, I want to show you something. I love looking at these old charts because it just gives us a perspective and the ability to really zoom out. This is a historical snapshot from the 3rd of December, 2017. Look at the prices here. This is during part of almost the very tip top of the bull run, the next two weeks, Bitcoin shut up to almost 20,000. But on the 3rd of December, it was 11,323. If you bought there, I mean, right now, you're still feeling pretty good. But what about the other ones? How about Ethereum, 465? Yeah, you feel pretty darn good, right? Because right now, it's like 4,000, pretty good 10x over four years. But it then gets a little bit of shaky here. To hold all Bitcoin cash, it was at $15.59 at this point, and it went to over $3.45 at some point. XRP was $0.25. Not too bad. But look at what's happened. Dash, remember Dash? Dash was $768. Litecoin was $101. Bitcoin gold was a thing at $320. Cardano was $0.13. All right, now we're talking. And then Monero was $200. And then all down the road that you can see. And there's some things in here that I haven't seen forever. Look at Salt. Salt was $5.56. And Salt was one of those projects that was like DeFi before DeFi. You were able to actually get loans on the Salt protocol. And it was supposed to open up everything and had a really great team. It was awesome. Where are we now? So that's a great question before I even answer those. Let's just jump forward just to a couple of months. Two or three months. 11 of February, 2018. Remember, Bitcoin had gone all the way up to 20,000. 19-something, right? And then Ethereum had gone up to gosh, $16, $1700. So Bitcoin was back down in two months, $8100. So if you bought over here, and this wasn't even the top, you know, you feel not too great. You'd be like, wow, it's still down. Which is what a lot of us actually feel because of volatility. Ethereum, 814. XRP was actually a dollar. That's pretty good. Bitcoin cash, $1,200. All right. Cardano, $0.36. Litecoin, $148. Wow. Stella, $37. NEO. Remember NEO? Yeah, right. $103. EOS. Which was supposed to, there was a million dollar bet for EOS. It was going to go to the moon because of how these great airdrops, everything else. 841. NEM. IOTA. Dash. Again, 580. Monero, $229. And on and on down the road. So let's fast forward just a little bit more and take a look at 2nd of December of 2018. So we went from 30 December, 2017. Just a year later, we hodled the whole time. Let's just say we hodled the whole time. You had $11,000 Bitcoin. Now what do you got? You got a $4,100 Bitcoin. $4,100. Now again, you are still feeling pretty good if you came to today at $51,000. That's not too bad. XRP at 36 cents. If you're holding for four years, that's about right. Ethereum is 116. Oh, you are doing great, right? Stellar, 16. Bitcoin cash, 172. EOS, 285. Litecoin, 33. Tether, nobody cared about that back then. Bitcoin SV. I don't know why this was even here. And on down the road, Cardano at 4 cents. So you can see that in some of these, it worked out okay. And we can see just even more into history. If we take a look at, let's just take Bitcoin cash. Bitcoin cash. Remember here, how great it was when you're looking at $15.59. And then at like a crash, it was at $1,217. Well, look at it now. If you had held the whole time, you would be a whopping $471 for Bitcoin cash. That's what it is right now. You would have done here, if you would have bought anywhere along, let me go down so you can actually see this, anywhere along this continuum around here, it would have sucked for a long time. You would have hold old and hold old and hold old. It's going to go up, hold old. It's going to go up. And it does. And it reached the exact same price four years ago that you are over here. It's going to go up. No, it doesn't go up. It goes down. And then let's take a look also at Dash. Remember Dash was over here. And it was like doing so great Dash at $768. Well, now it's at $153. But how did it do? Well, it hit some pretty big highs. But if you just say here, well, look, it's at $346. But I'm going to hold old, hold old, $727. And not $1191. Hold old, $1,200. Hold old, hold. Wait, what? $460, $220. I'll hold old. I'll hold old. I'll hold old. I'll hold old. I told you it was going to go up. I told you $339, which is the exact same price over here. Hold old. Hold old. Maybe in 10 years. Who knows? I don't know. Then let's take a look at Litecoin. Litecoin whopping $159, $159. Where were we at before? $101. So good for you. You made $50. That's good. That's great. So you're here. And it comes down here. So you're like, oh, not too bad. It comes up a little bit. I'm hold old holding. And I go all the way up. $354. It'll go up higher than that. Hold old, hold old, hold old, hold old. So also let's talk about one of the last ones, salt. Salt back here, which was right here, $556. And you have it over here at $0.12. So again, is hodling the answer? Not all the time. As you can see clearly right here on some projects, it's better to let go because it ain't coming back. And maybe salt does. I have no idea what salt is doing. I mean, they put their, they slapped their name on a conference and it seems like that's their bigger thing right now. I don't think it's really going as far as the crypto. But salt, there it is. And then, what about iota? We talked about that as well. Same thing. I mean, look, and we are riddled with these types of things where they don't even come back to their all-time highs. Here's Cardano. I think this is one of the, one of the better ones, obviously, because look over here, had this little, little peak here at $1.18. And I, I and I think a lot of people hodl all this way through. And then here we are going up again. So it works out okay. Ethereum worked out, Bitcoin worked out, but it doesn't always work out. And that's how it is. So, and then lastly, we'll talk about Monero. Look at this just comes here, goes down, comes up. So again, the question really comes down to is hodling the answer. And the answer is sometimes. What you really got to do, and of course, everybody wants the answer, the perfect answer. Rob, give us the answer. Tell us what to invest into. First of all, I can't do that. I'm not an investment advisor. Second of all, I'm just some YouTuber. I'm just some guy who invests in the crypto digital assets. I can tell you what I'm currently investing in. And it's a lot of stuff. But the prospect for me is just looking at the UTT. I look at the utility does actually do something, is there updates and things are actually going on? How's the team doing the tea? They have a pretty strong, are they building? Are they making ways to the future? They have good developers. And the tokenomics, how does it look? Does it have a quadrillion tokens, which is going to be drowned out? Or it's just got like a couple hundred million or something like that. It all depends on the project itself. So to answer your question, is holding the answer not all the time? And even in these great projects that do pretty well, you, I can't say you, me, what I do is I don't hodl like I used to all the time. Because over 2018-2019, it worked out pretty well for me. I just hodled because it was kind of a crappy year. But as time goes on, you have to understand that I know these products going to change the world. We know that they will. But the question is not if they're going to change the world, but when are they going to change the world? And how long does it actually take? So as time goes on, I will dollar cost average in and I would dollar cost average out. And that's what I'm trying to do today. So I can't tell you what to do. You can hold any project that you want to forever. But I'm just letting you know that at some point, some of these projects ain't going to make it. And that's abundantly clear. And if you get too much as far as the emotional part, it always or usually doesn't end up in the right direction. So let me know what you think about that in the comment section. Let's move on to our next piece where I just talk about really quickly why our market cap of I think it's actually 2.5 trillion now is nothing is nothing. And I always like to bring this up just as a focal point for everybody because I know 2021 was a tough year. We thought December is going to be fireworks. I did just didn't work out like that. Does that mean it's over? No, it doesn't mean it's over. It means we got a lot of room to grow. The question is I can tell you that I think that crypto and digital assets will really take over a big splice of a lot of different industries. I just can't tell you exactly when that's going to happen. But right now we've got a lot of big players in the space. So this is a graph I always bring out every so often. This was actually in May of 2020. These little squares right here is worth $100 billion, which seems like a lot, right? $100 billion? I don't have a billion. But be nice if I did. And here's what this represents. So Bitcoin back in May of 2020 was only $244 billion. Military spending was a lot more than that. The U.S. budget deficit is a lot more than $3.8 trillion right now. We're just talking about printing off another $2.5 trillion. Coins and banknotes, $6.6 trillion. The Fed's balance sheet way more than that over $7 trillion. Billionaires. Gold was at $11 trillion. I think maybe it's like $12 trillion now. Why couldn't we eat into some of these balance sheets and revenue? $4,500 companies. Here's the stock market. $90 trillion. Probably around $100 trillion now. Who knows? Money supply. We're looking at almost $100 trillion again. Here's global debt. $253 trillion. Here's the global real estate. Can you imagine when someone starts tokenizing these different assets as far as real estate goes? Oh, it's going to be huge. $280 trillion. Man, here's global wealth. $380 trillion. Here's the derivatives. That's a quadrillion, which is like Shiba Inu's market cap, I think, or circulating supply, not market cap, excuse me. If you're looking at where are we and are we going to take off? Yeah, this is us. That's just a quick reminder just to remind you that it wasn't the greatest year. We didn't see the all-time highs on December. We saw them mostly in April, but I still think we got a lot of room to run. Let me just think about that in the comments. Then to finish up, I'm just going to talk about real quick the strategy moving forward and as far as what I plan to do and this video want to do. I still think that dollar-cost averaging works out, but you have to dollar-cost average in and dollar-cost average out. When I talk about buying the dip, remember those graphs we saw? Let's just take XRP, for example. Remember when it was at $0.36, then it went up to $1, then it went back to $0.25? All those times when it actually goes down, I can't tell you what to do, but I buy the dip because my average cost-based price goes down when the dip goes down. If I buy XRP at a buck and then I initially bought it at $0.25, then I meet in the middle, well, my average cost is much less. Then when that price comes, I can sell and just go, well, at least I got to wash if it didn't work out, or maybe I wait until XRP goes to $100 like some people think it's going to do. Sure, whatever. But still DCA, still buy the dip, and still HODL to a point. The question is which of those projects are. I will reveal my projects that I'm going to really focus in on 2022 when we do the follow-up to this video, which is my price prediction. I will tell you that Bitcoin, I thought, was going to $150K. Then in June or July, I thought, well, maybe $130K, totally off on that one. But there were some that I actually hit, and I had some decent ones, but I had some massive misses. That's why we want to talk about the things that didn't work out too well, the things that did. We'll do that in later, actually four or five days or so when the end of the year comes about. Then we'll also talk about my exit strategy, which you can see right here. I'll talk about how the ones that I nailed every single one and actually took the profits, like I said I was going to do, and then others, which didn't work out because I got a little too greedy, and then the catalyst that made it all up in the end. I'll talk about that in the video. That's it for today. I know there's a lot of information, a lot of things that we talked about. Don't get discouraged. I think we've got a long ways to go, but there's going to be some little shift for me, little strategies, but that's it. If you like today's video, go to thumbs up. I'll consider subscribing. A lot of you talk about our time sensitive, and that's it for today. Thanks so much for watching. I appreciate it. I'll see you on the next one.