 Ah, but but but but here's are the stars ones. I Was looking at Cosmos is Knowing we are getting into a recession after the bull run Recession or stagflation one was to do we get out of the market completely is it worth the risk? so that's a great question and It really comes down to and I can't give you financial advice, but if it's me I have to look at that and say Okay, where do how much of this money? Can I let ride? Because it's gonna be turbulent for a while. Am I okay with looking at a portfolio and going wow I'm 30% down even after that story that we talked about with the Swiss mayor Swiss man Julius bear, excuse me Julius bear and saying well, it's a pretty good outlook Should I get out and should I go we can diamond hands all day long? But in all honesty, I think it's it's a little bit better If you can have a little bit of cash reserve on the side and you don't feel that crushing pressure Like the people who invested into Luna and they got crushed because they did way too much investing and they shouldn't have done that Maybe it's an idea just have a little bit of powder on the sidelines to get out of the market completely For me, that's a mistake because I see where things are going and I think now is the time for me personally To buy up crypto and digital assets. I'm still dollar-cost having the same thing, which is Bitcoin Ethereum I'm waiting for a little bit of confirmation for a bottom bottom No one knows what the bottom is but to see reversal and then I'll get into a little bit more altcoins and we'll go from there Okay Ariane says give me the proof going hopefully I gave you the proof that there is some good news This is very bullish news. I like to see these things Cory says Robert don't care what people say about you. You're good debatable, but I'll take it I appreciate it and then beardy says it is a beer market day Yeah, it's a beer market and I'll probably doing that right for this so go from there. All right, so what else we got I Love the Q&A When are you going to pull tell I'm going to pull first of all when we hit a hundred K Bitcoin? I'll jump in there. I told you that already paper hands need to stay dry hands Andre Barabosa says hi from someplace Hope hope you come here on the next European tour. So yeah, so I already talked to the two Guys team over at Coin Bureau and we'll do it again in a year be another vacation for me. My wife will be happy Ah, it's a great question. How much are you down your portfolio pretty substantial? I mean look I was feeling I Sold some crypto along the way We all know that because I made it public and I bought that house in Puerto Rico and it wasn't cheap So I had to sell a good amount I had to sell a good chunk of crypto and then I just started to read just do the same thing again my dollar cost averaging and Right now. I mean first of all The Luna that was dollar cost average and that's all gone. That's I can't remember how much it was It was thousands 10,000. I remember 8,000 it was enough to make me go damn it. I should have done that but I was really happy I didn't you know go all in like some people did and then for Bitcoin, of course I mean I kept buying for quite some time. I stopped I think after like 50 or 50k Although I should have kept buying but I mean it worked out pretty well, but I've made some mistakes along the way I would say gosh, I'm down at least 40 50 I don't remember but it's it's quite a bit. I don't really think about it too much day today because I'm That outlook for me is one year three years and five years and even ten years So I look at that and go I think it's okay But the market itself does dictate how much I'm gonna dollar cost average in and right now is the time I think I'm gonna go a little bit more heavier And if I'm wrong and it slides down to the Bitcoin to 20,000 or 8,000 I'll probably buy a little bit more or even put more of a percentage in than what I am doing right now But I could be wrong. It could slide back. I will never hit the bottoms. I'll never sell the top That's why I dollar cost average because it's the safest thing for me. Okay Modern samurai Rob, do you still think it's worth this take a back? Sure. Why not? You just take a back's avalanche. They don't have a Stable coin do they okay? I think it's okay I still have it because when I stake my avalanche, it's locked up for a year. So I think my year is coming up But it's all up to you. I think there's different times I think it's a three six three six nine and twelve. I did a video on I just can't remember exactly I'll try to link it in the description, but yeah, I can see you can stake a little bit Hey, Rob, do you think she but another one from modern samurai? I brought you think she will gain value if they continue to burn tokens Why not they could but I mean how many tokens the sheba have is it like a trillion or trillions? It seems like a lot just saying I Don't I don't get into sheba and it's not my thing. It's okay if it's your thing But it's not I don't really get into it And it's not like it's just because I don't buy it doesn't mean that it's not a good coin It's just I don't buy it. So that's it Seescape good point. We cans do pay big taxes. So Well, just remember, you know You do take losses I think you can take up in the United States you take up a $3,000 as far as losses And you can compound not compound, but you can carry those over for years to years So if you're like, ah crap, you know, I'm missing a lot of money And you sell and you're out of loss remember you can clean those in your taxes. It's okay I mean, that's what the government's for they haven't taxed you on unrealized gains yet And hopefully they don't so just remember that but yeah, we cans pay taxes But it depends on what you got to do. You got to you got to pay your mortgage. I mean, what are you? That's it See midtown cabinetry and designs. It's going What's your hopeful time frame to retire and how much crypto you keep me do? So here's a The secret and it's not really a good secret. I'm already retired. So since 2015 or so I did People know I was in I was in healthcare an army 91 What was called a 91 Bravo back in 1997 to 2005 I was a 91 Bravo, which is a medic and then I wanted to get out of the field So I became a 91 Charlie, which was was an 91 whiskey M6 and something else Which is a nurse and then I got out and then I went into healthcare management And I went into sales for medical devices a KCI And then I got into real estate And then I got into online education platforms and then amazon fba Since since 2015 I was been essentially retired. I didn't work for anybody else and I will I wrote a blog post on dan teaches crypto about how much retirement sucks And I'm gonna tell you it's people think it's awesome And you're gonna sit on a beach and and drink my ties and just let your life slip away Which is fun for the first Two or three months But after that you have to have purpose in life And I think that's what's more important than just laying around and I think that's what gives people drive Is purpose. That's why I do this channel because it's fun and I like helping people out All right, hope that I answer your question. Let's see What's this? What's the lowest crypto evaluation I heard from ben probably been in the crypto verse That's around 600 700 billion at the moment So halfway the bottom potentially and I think that's something that's it's a good point Jay young chow. I think I said that right We have to be aware that there is super volatility I mean even though that those the bad stories and the good stories and every I talked about There's gonna be massive massive swings. So you have to stomach it and if you can do that Probably come out on the other side doing okay, but remember We could see a 19,000 bitcoin or maybe even 12,000. I have no idea. But the question is Where do you think the crypto market is going? Do you think that the innovation that's being built the rails that are being laid down The big institutions that are getting in and the different whales that are buying up Do you think they know something maybe we don't know or maybe you think that as time goes on This will be the big disrupting technology that everybody Claims it is and actually has real world use cases. I tend to think it could be and even if it plays out A tenth a tenth of what I think it is. I think we're gonna be okay Uh, let's see here So here's a good one Penta buzz when and how do you adjust your dcm? I learned a good deal from uh, ben over into the crypto verse It's got a pretty good. First of all, you got a great website Let me just pull it up It's called app Cryptoverse, I'll pull it up in a second. Hold on and uh, there's some because Ben's always our ben's telling me. Hey, don't show too much Okay, so like let's see Okay, let me throw this in there and Like it's all types of graphs and and and a bunch of them are are proprietary It's things that he's actually come up not this one But like like risk assessments and return on investments and and stuff like that and they're really great And I wish I could show it to you but as the price of bitcoin and the market goes down there's these risk levels that I like to to watch and follow and once you go below a certain point Ben talks about Dynamically dca meaning if you're spending and it could be whatever you want to if you're spending a hundred bucks a day on bitcoin If it hits another risk level between let's say because you know, you have zero to zero zero zero point one Point one to point two point point two to point three as it hits these different levels as it goes down You should actually increase your dollar cost average So instead of a hundred, maybe you increase that by to be very conservative 10 percent So now every day you're doing 110 dollars then the next day it goes down even more maybe 130 dollars And then you can dynamically dca down now Here's the thing and this is the thing that I'm I had a hard time till recently Is that you have to take profits on the way back up? So that depends on what you think it is. I will always say to my friends They say well, you know, how do you what's a good strategy? Well, whatever you put in at least be able to take back out and leave some as far as like The money on the table for or house money so that you can just let it ride And then I learned also a good one from James In his video today, he talks about setting up stop losses. So if you had bought luna Let's say that's uh, you know Let's say 50 bucks And then it went to 60 70 80 he took some profits and he had stop loss in when it rocketed back down You wouldn't have lost and not not all the time because there's some pretty deadly wicks But as far as like adjusting my dca amount Mostly it's adjusting as things go down and then as they start to go parabolic I'll explain that later, but I started to take more profits on the way up and it's just like farming So like if I plant a seed of let's say bitcoins at 20,000, okay, let's say I just Okay, here's 100 bucks and it's 20,000 and like for the the next 30 days I put in 100 bucks and it's at 30,000 then let's say it goes at a 40,000 Okay, well then I'll I'll keep dollar across there. I'll put in 100 bucks at 40,000, but maybe those initial seeds That were at 30,000 well, I can take some of those profits So there's seeds here and there's a level and the seeds here and there's a level and there's seeds here You can do that and that's okay. That's just how I do it. But uh, again not financial advice Uh, Douglass is quadrillion, which I think he's talking about shiva. That's a lot Uh, let's see I got to Ah On a serious note, don't you feel like slapping james while at eight of thud? He spreads look man James just goes by by the information that he gets and he's not a fan of eta I will say this there's a I think there's more fans of eta nowadays, especially with Like I was always a little distraught that they would go so slow but sometimes, uh The slow the slower version wins the race or that man the safer version will win the race and Hey, it has never been down. It's 100 uptime not like down as far as like monetary value But as far as like the network itself and they do have a working decks servers. No They do have uh, some the nfts and things are working out pretty swimmingly. So we'll see how it all goes. All right Leslie Snipes Wixley Snipes Thanks, man. Appreciate it Uh, oh, hey, that's a good question wash treading is still a thing, right? Yes. So we don't know what wash treading is It's awesome. Uh, you can't do that in the traditional market. That is illegal. So what that means is uh, Let's here's my example. Remember when xrp got And they're still doing it. Uh, they went through that's that process with the sec Well, the days that that let that after that Xrp was I think a buck or something like that and then it went down and down and down and around 21 or 22 cents I sold all my xrp sold it all Uh, and then there's this thing called wash frame where you can buy it all back And that's illegal in traditional equities but on crypto because crypto is defined in the u.s. Government right now As property so you sell it you buy it right back and you can claim those Losses on your taxes now you can only do a certain amount but I can spread those out over years And uh, that's totally legal now They had talked about that in in the bills in congress to eliminate that for for crypto, but not yet. So Uh, that's what's happening. So if you ever want to say hey, I want to legally Claim losses And I don't have a boat. I didn't lose my ledger Then that's the way to do it Uh, your choice. Why don't why don't you give a portfolio? I've done it in my price prediction videos, which I'm going to stop by the way But my portfolio is pretty heavy Bitcoin ethereum, so we'll just say something like that, but I still own a bunch of alts Let me see Let's say I got Yeah, whatever Bitcoin ethereum cardano voyager A lot of voyager Solana theta chain link mana V chain dot bat only because they gave it to me for free storm x stellar Matic Ah, yeah, yeah, yeah Multiverse or mv ginsukishi coin great project if you want to do some real degen plays I got a channel called dan degen If you go over there, just know that you probably lose everything But so far we've had a pretty good luck and uh ginsukishi was one of those avalanche algo ave xrp Sand eo, I still own eos uniswap usdt. I don't know why I have that Celsius die atom engine chilies near SPI, I didn't know I had that t fuel I don't know what that is That's that's all I really have Yeah, oh, I have this thing called dragon chain. I don't know how to get rid of that So that's my portfolio and again, if you're looking at percentages, just know that bitcoin theorem is like the the vast vast majority all right Arden Hey, rob. What effect do you think the merge will have on the ith ETH bitcoin ratio or time at the merge The merge for a theorem 2.0, which is even called the theorem 2.0 anymore but uh If it goes on without a hish without a hitch you can see that maybe bitcoin dominance will drop a little bit I think we're at 44 percent bitcoin dominance 44 45 percent So as far as the merge goes it can only be positive, but again, we're in a bear market We're in a bear market and usually it's a uh buy the rumor sell the news type of thing just be aware What do I think about sand the sandbox? I own land in sandbox. I like that place Very pixelated, but I mean works pretty well for mine Minecraft, so we'll see All right Man your choice. Why don't you grow a portfolio? You were really keened up on that portfolio thing Okay This is a great question. I don't have the right answer. I'll tell you what I know I'll tell you what I don't know and I'll tell you what I think and I don't know Rob, you know if the tariff plan will automatically reimburse my 40 loss had a cash in for 60 of usd Stick them by ants. I lost a lot and can do with some advice. So I know that doquan is trying to bring forth this luna new projects luna. I guess luna classic I guess and uh There is some rumblings people getting reimbursed. I don't know not for sure. This will be something to I can ask the community all of you if you guys know something. Let me know or reach out to Uh, binance, maybe they can help you if they they would probably know but I did read an article today that uh CZ binance was saying that how poor he was after the luna debacle and I'm like CZ. You still got a lot of money I think you're okay Yeah, that's right. I was at fort sam fort sam houston. Well, that's where all the medics go. So, yeah Uh Jeff asks, do you still leave your krypton exchanges? Yes. Do I leave a lot? No Why don't I take it all off because I'm lazy That's it Uh, does that happen I don't have any red flags to give from DC. Look, there's a red flag for everything. Let's just be honest so For me right now the alts is not something I really want to get into So I'm just staying away from a bit. We'll see which one plays out And it would be interesting to see how many of these alts come back with force. Remember I would give you the example of a dash of salt and uh, take a look at those two projects I'm not saying that they're awful or anything, but they never after 2017 they never hit their all-time higher anywhere near it Not dash and not salt And uh, you have to ask yourself. Is this something that I really want to invest into the same thing here with avalanche We'll see how they rebound or not James is a solana maxi james just looks at the baby. He likes that that he keeps talking tps transactions per second Real big I don't know. I mean I own it I don't really care which one. I don't honestly. I don't really care which one makes it I don't want him's going to do it and that's why I invest into a bunch of them Uh, yes isn't taking profit selling. Absolutely. It is cheaper the moon Any no, that's a good question any updates on meld. No Uh, I need to get ken owing in here and uh, he's the CEO and he we had some great conversations You know what I'll do that I'm not gonna do it right now, but I will do it. I'll get him back on there It's all good. Must be chloe Uh, the black one is chloe and the brown one is chewy and I think that's it. I think we're good So, what are we going? 42 minutes? Ah chain guardians. I would like to see them go up. I I do own chain guardians. I don't know. I didn't show up We don't have it on my list Yeah, these nuts. That's it and It's not like I just say these nuts for no reason these nuts is a it's a great NFT And a great community they actually raise money for testicular cancer and they also have one called ladies And they just donate 50 000 for breast cancer awareness. It's a great community. I love those guys Love them I own a lot of tomato coin. That's true My name is rob. It's just that you know, you look at digital asset news dan people always call me dan. That's fine Uh, let's see now amp No, but I met a couple of vcs in portorico And they talked to me about how great amp was they knew the creator founder And just how how big it's going to be and they told me some insider information which I really shouldn't say But i'll say it Because it's hearsay. It's just a rumor and uh, they said that's uh, they've been talking pretty religiously with uh with walmart But you can't put any stock on that. That's just a that's just cheese, man It's just rumor you can't base your investment strategy on that Uh, still have faith in voyager and in the long term is yes, I do But it was surprising to me that uh, you had voyager Who they're really working hard with market rebellion and and jon and jerry and those guys to bring Uh securities or equities to their platform And they've been working really hard and here comes ftx. I don't know where and like we did it And we're rolling it out today and then in a couple months. It'll be for everybody in the united states even new york like that's That's amazing. I gotta give it to him tip of the hat What do you think of selana? There's a great website Hold on Have you guys seen this website? I'm a big head All right Where did I put it? I could have sworn if you haven't followed me on on twitter Good times you're missing out Let's see this one What i'm looking for is there's a website That shows you What the uptime and downtime is with selana in real time And I put up here. I could have sworn I saved it, but I didn't Where is it? That's good because okishi This is true This is still holding true the uh, the yow shack Kevin indicator is still 100 accurate. Just letting you guys know that Let's see. Ah, here it is status.selana.com Status.selana.com and you can check this out and you can just see like, you know, what's up. What's operational? I mean, oh, honestly 90 days 99.6 uptime 9.4 97 percent Uh transaction count This was the interesting tps on the main net is 6400 so Let me see here on thursday the 185 000 maybe it's just The low that it has right now Yeah Because like over here it has 185 000 which is pretty good So yeah, if you want to take a look at selana looks pretty solid as far as what's going on But if you're gonna if people are gonna complain that it's it's down you just check that out And that's the truth you need. Okay. Hope that helps But yeah, I like it. I mean I don't know what's gonna How well it's gonna do but I mean so far Price isn't indicative of that, but doesn't price doesn't mean much I mean, it's still gonna be a great project. We'll see Uh visa has 65 000 tps. That's very true Okay, so sasha says rob will you reconcile the two opposite approaches you described separately in one statement at Times it's take profits on the upswing at others. It's holding. Yes So here's the thing Let's say you have a million dollars A million dollars in a bitcoin. Okay And you're looking at this and you're like, okay, I have a million dollars No, no, that's not a good example. Here's a better example. You have a million dollars in luna. Okay and It goes from or let's say you have a million tokens in luna And it goes from a 35 cents to a dollar now you have millionaire Then it goes to 10 dollars now you're the multi millionaire Then it goes up to 50 and 75 and 100 Do you think it's a good idea to hold the whole time and not take any profits along the way and just let it Right all the way up and then write it all the way back down. So when I say take profits I'm not saying like you need to sell every single crypto that you possibly have and then just sit on cash That's what I'm saying. I'm saying just like I talked about with with the dollar cost average and the seed analogy If you want to do that and I'm not telling what to do I'm just telling you this is what I do Is that you dollar cost average in a certain price and then those seeds are just sitting there to be harvested at some point Then when the next price comes any dollar cost average there and then up and down up and down And then when you're in profit from the original dollar cost average You take a little profits and let whatever you think is possible to write it out So hopefully that answers your question. I don't know if I said that right I think I did Rob are you still 100% faithful to Voyager for both no short and long term Don't get married to anything. That's what I'll tell you right now, but I gotta tell you I mean Remember that last little run that we had when everything collapsed And people were trying to sell and do those types of things and like not just for luna Some people got got stopped out But did voyager crash during that time? That was a lot of volume a lot of people were selling my crazy now Also the coinbase crash I don't think it did either so that's a step in the right direction And then for what what my needs are it works out pretty well for me because I just dollar cost average And I don't really want to think too much about it now for somebody who's like I'm not going to use voyager because Their fees I can get a better over on coinbase pro go ahead check out coinbase pro But for me don't get married to anything and I'll see how it goes I would like to see them roll out those equities in that voyager loyalty program 2.0 Yeah And then lase raffin Says do you know pulse chain or pulse x? Yes, that's uh Richard Hart's Project and I get to talk about all the time and of course you can sacrifice your ethereum and let it roll up That's Sounds interesting. I just won't do it and it's the same thing as like shiba And all the different things that I don't get into I just don't I don't get it And uh, I'm gonna pass on a lot of things and those things can be huge I just I can't I can't catch them all man. And if you think that's gonna be great great do your own research and Tell me how it goes. I have no idea. I don't have no I've had Richard hard on the show Reasonable guy some a lot of people hate him Some people say he's this or that some people say he's a scammer. Some people say i'm a shill Well, they're right though. So Yeah on the show part or whatever Okay, here's a good question I think at the top of the oh, we got to get going it's 50 minutes Hey, Dan, love your content question Would you still stay on the crypto and equities if you are planted by the real estate and first quarter next year? So white it's a good question and i'm i'm not you know, why if I decided to not Buy any more property until the prices come down Unfortunately the rates will go up and as the rates For loans on houses go up Then most people say, you know what that's the we're looking at the amortization table for what we're gonna pay over 15 and 30 years That's way too much. That's what we're waiting for and it's gonna take Right now. I think we're sitting around 4.15 somewhere around there. Correct me in the comments once it gets to the 7s 6 and a half 7s That's when the prices will come down and it'll actually be a better supply of houses so I am not seeing that even in the first quarter next year maybe but Would I stay in crypto and I'll always be in crypto and equities. I don't really own that much I own amazon and and tesla and uh not riots mara mining company but uh, I really like Uh properties much much better much easier for me less stress and you know, we do short-term rentals Works out pretty well. Also. It's an appreciating asset hands down. Okay Thanks, man The chat is going pretty strong today Well, I said buy 10 billion million shiba and leave it not that idea Okay Yeah, that's right. I'll leave out with this Oh, hey Slayer open up an iTrust account ever seeing it here. Thanks, man. Yeah, so remember if you don't like paying taxes There's a great way to do it. It's called opening up a Roth IRA And I think this is the time to do it. So there's a link in the description for iTrust. I trust them. I Hilarious I trust them for their diligence on the custody they use what was called curve now. It's another Um institution grade custody as well as coin-based custody And that's where I believe my co-strategy use there as well. So The nothing wrong with them. I like them if they would just get on with the staking part Imagine being able to stake your crypto in a Roth IRA, which gains no taxes. That's what I'm talking about Oh, yeah, that's right and jungle Celebrity in the house jungle No monthly maintenance fees it used to be correct me if I'm wrong jungle Like 30 bucks a month or something like that 30 bucks a month and they just wipe those out no more Monthly fees and you got to pay a trading fee. It's like 1% So if you're going to trade inside your your IRA or Roth IRA account you can do that But it is what you know, it's cool though is that if you know how bitcoin fell So if you sold your bitcoin at 40,000 it just converts into cash And then it goes out of 30,000 you can buy bitcoin at 30,000 have cash in your IRA have bitcoin in your IRA the same thing You know paying taxes That's what it's that's what it's all about. Okay That's it. So today what I'll do for you here who are on the live stream. Thanks, but for the people outside Europe and Australia and india outside of places if you a lot of people can't wake up that early So this will be cut and I'll put that in a separate video So if you see that on youtube and you're already seen it doesn't mean you don't have to watch All right, I gotta go. So look I appreciate everybody for stopping by and just chatting with me. It's always fun It's always good times. So thanks so much for watching. I appreciate fight today's video thumbs up subscribe all that good stuff Don't look at your portfolio too much every single day. Things will be better as time goes on. Thanks. Bye