 Great, welcome to Jalassette news and happy Memorial Day to everybody. My name is Rob And we got a couple of things to go over first up We're gonna take a look at a little market overview and we'll dive into some lockups This is a continuation of what we talked about yesterday We're also gonna talk to you personally a little quick pep talk because I know like right now This isn't the the most fantastic market that we've ever been into But there is some lessons to be learned so I'm just gonna talk to you about things that helped me out Lastly, we're gonna talk about this metric that shows some pretty big pain on coming So I don't know if this is a bull trap, but I can tell you if you look at this one metric it's not looking too good and Finally, we'll do a little wrap-up and talk about consensus which I'll be back at Next a couple weeks or so over in Austin, Texas And then I'm gonna link to someone to for you to watch on YouTube and lastly we'll do a little Q&A So first of all, let's just jump into the big story, which is Memorial Day if you're not from America Memorial Day's remember all the fallen soldiers the people who have given service In the military so Jocko here says it pretty pretty firmly through their sacrifice and memorials for them the morons will become immortal remember And it's not just about you know the wars and the things like that, but it's the people remember It's not like when I was in military. I was super happy about my government But the people around me made the military great So Memorial Day for everybody out there. Thank you for your service And then also moving away From that, let's talk a little bit about the markets a good day today nice and green We'd like that 5% up a theorem 7% up in a day. That's crazy tethered Byance coin Cardano 13% salon 3.5 4% everything's up. This is looking pretty great. I like these days I like these days take the small victories 5.9 and it's really nice and we're at 1.33 trillion market cap. So that is a good day But I will stress this and I cannot stress this enough be very careful Because the things we're going to talk about It's up to you to decide if this is going to play into it Or if you think that this is the start of of an ex parabolic bull run It's up to you to decide it's not for me I just give you the the data that you can take a look at and then you guys go from there So First thing actually to continue on We did a video yesterday. It was about lock up periods and people seem to really like that So somebody made a suggestion. Let me see if I can Let's see Aboriginal Alan says robby if you put together a list of metrics like unlock schedule and spent three minutes at the beginning of every show It might be something to look at so I'm just going to ask you If that's something that would interest you and I'm going to do this really quickly So for unlock schedules unlock schedules This is on to be aware at aware of because As vcs and private funding gets into these projects They have an ability to dump pretty quickly. So we went over a lot of different things We want that we didn't go over yesterday Was near protocol and this is uh, there's a link in the description where you can find this website Masari.io it is it is free for what I'm going to show you now They have an upgraded part, but I don't have an affiliate link for anything at that But I'm just going to show you what I what I know and what's interesting to me So we go to masari.io We click on whatever crypto you want to take a look at and we take a look at profile token economics and then we come out here Launch initial token distribution. You can see there's a lot of private sales one two has a four of them Shoot then a series a funding and then finally a community sale after the first five So here's the liquid supply schedule So I want to make sure that you are aware of what this means And like we talked about yesterday when you see these these graphs You'd like to see a pretty flat like up here like this flattens out in 2025 Okay So just so you know in 2025 it's going to flatten out But there is an exponential stepping stone I guess you could call of The people that I got in early and they have these time frames when they can unlock the tokens And they can do whatever they want now if it's some vcs and some private people will just keep on it and just say no It's going to go to the moon. I'm not going to sell Yeah, right they're going to sell uh not everything but sometimes they will so just so you know it is uh Roughly may it is may 30th right 2022. My math is correct So just so you know if we take a look at may 10th there's a step stone And uh another one's about to unlock here may 17th to june 7th, and then we've got another piece right here july 5th Then another one here on august then in end of august or september and every Every step along the way is where things get unlocked to those series a Community sales and well community sales and community sales. So just so you know if you see Something like a near protocol dump on these times just so you know It's probably because things are getting unlocked and people are dumping. So I hope that helps You can do your own research and uh figure it all out. I'm just trying to teach you how to fish and that we'll take care of For the first part here Market overview and lockups and before we get into this metric, which I think is going to be not the greatest thing of all time Let me give you a quick pep talk So first of all It's going to be okay There's a reason why I don't shout on this channel or go crazy or do stupid faces because it's just investing And if you just relax about it and just take a step back and go, you know what? Things usually tend to work out. I just don't have to just don't want to do anything crazy Like, you know sell my house and kidneys and kids and just dump it all on shiba inu or whatever That's probably when you probably would start yelling and screaming and making stupid faces So for me, I'm just thinking to myself. It's kind of Goes like this. I mean people make it very complex. It's not This is nick murray He's an invested legend It's beaten the s&p 500 for quite some time now. He's a Renowned author and speaker and he says don't mistake temporary declines for a permanent loss And this is a double-edged sword because I always thought well if I just dollar cost that would be okay That's really not what it is and we find that out with luna, right? So I just posted this today and I was Kind of a little bit taken aback by how much I had actually lost But it's a good reminder and we're learning every day, right? So this is from my voyager account now. I have this nice little thing called luna classic. Yay It's at 0.001 And if you scroll down here, you can see that my total return is negative 12,473 So I lost 12 grand and I would have lost the heck of a lot more had I not taken and sold Some my luna in 2021 to pay for the house in portorico like I there's a video about it Just search for digital asset news Puerto Rico house and you'll find it And I didn't really want to but it's a good lesson to take profits this diamond hand nonsense and hodl till the end I mean you can do that but we see right here That's a pretty dumb thing to do on certain cryptos and some people say well as an s coin don't know whatever But uh, it really did it's a reminder and this is now my new lock screen for my phone And it reminds me to take profits along the way So to make it very simple Very simple dollar cost average take profits along the way like my friend CJ says nobody everyone broke taking profits So just a little quick reminder And then also some people say well, you know, which ones do you invest into? I can't first of all, I can't give you any advice, but I will just say this when we talked to this yesterday luna has been around that long near protocol has been around that long and Solana hasn't been around that long And then pick your crypto hasn't been around that long could they blow up and be a thousand X sure why not? but the thing you have to remember is When you're investing sometimes or most times, it's not about how much you make It's how much you keep and for me I just take a look at just the examples of the past and we talked about this yesterday Internet giants that rule the web if you just take a step back And you look at this Which ones which ones do you see a lot from from the past? That just kind of stuck around hung around they might not have been one number one or two But they were up there And i'm not telling you what to invest into but you can see clearly That as time goes on the cream usually rises the crop and the ones that have Resiliency usually make it out and can innovate and can scale So i'm not telling you what to do. I'm just telling you that for me I take a look at bitcoin and go, you know what makes a lot of sense. I'm gonna dollar cost average and that I don't think i'm gonna You know lose everything and also for a theorem has been been around quite some time So for those two that's just what it is and then to finish this up Two quotes one again from nick marie timing the market is a fool's game Whereas time in the market is your greatest natural advantage Or as I say time in the market is more important than timing the market and even front of the show warm buff it says And he says this right the real fortunes in this country have been made by people who have been right about the business Or projects they invested in and not right about the timing of the stock market. So again It's gonna be okay. Yeah, that's gonna be fine. Just relax Just sit back do the do the investment strategy that you know how to do And just come back over time You're not gonna get rich in six months and 12 months, but if you have a three five ten year plan Usually works out. Okay. Anyhow, that's a little pep talk. Now. Let me kick you in the teeth So this one here, uh, this metric shows what I think is some oncoming pain and I was taking a look over at crypto quant And again, this is short term pain. This isn't like We're going to zero forever But it is something to note like today's a pretty good day, right? Take a look at that looks pretty good Is this a bull trap? Don't know but I can tell you right here See this thing called uh, estimated leverage ratio. I talk about this all the time because I just I just don't I get why people do it because it's a lot of money to be made but the leverage plays Unless you know what you're doing and sometimes even the people that know what they're doing don't know what they're doing And they get wrecked But just so you know, uh, the leverage ratio is the open interest divided by their coin reserve Which shows how much leverage is used by users on average increase in values indicate more investors are taking high leverage risk in the derivative derivative trade and just so you know We did a video with the CEO of crypto quant And uh, he laid it out. He goes look these are the these are the six or five Actually was four or that one. I think these are the four Charts that I look at every single day and when this goes above, uh, zero point two It is extremely high and we did this like a year ago And you can see that right now. Let me blow this up so you can see it That right now This is okay, and even here it's kind of zero point one eight zero point one eight. I think that's when we did the video But if you come over here, it is at the all-time high max We have ever seen it zero point two is high. We're about to hit zero point three. What the heck is going on? Well, this is going on Uh, this is coin glass dot com And you can see just who is shorting and just who is going long now This is the five-minute chart just so you know, but you can see a lot of people For looking at the short Even though the market's going up Interesting Yet they want a short short short and actually if we take a look Let's take a look at the four hour rate These are all the shorts that are out there Uh, okay x is 90 short finance 61 short buy bit 58 89 coin x 67 long on dairy bit And uh bit max is 65 long. So What does this mean? This means that a lot of people Whoever they are think that the price of bitcoin is going to go down And they're going to short it Does this mean it's going to happen? No, and I know there are the contrarian out there and good for you Think to yourself, you know what if everybody's doing one thing? I'm going to go the opposite way And that's for you to decide I am not touching that with a 10-foot pole. I'm not going to go. You know what everybody's going short I'm going to go long See what happens It's not my play But uh, it is up to you to decide which one is the best option, but I can just tell you that for me When I take a look at this Doesn't look too good And I will remind everybody Even though that happens here's the total liquidations In the last big long liquidation we had was man, there was almost a billion in liquidations on the 8th of may Now it was it even out on 9th of may 265 and 225 I think people got ahead of themselves then again 10th of may 668 million but just to note one thing here And that is that this 29th of may just yesterday The shorts the shorts Are the ones that got liquidated 49 million which isn't that bad and then 31 for the longs But today it seems like it is the exact opposite And that Is what concerns me especially with what's going on over here Could this be a bulltrap? Don't know that's up for you to decide and that's uh, that's pretty much it I just want to bring that to everybody's attention now. It's Balls in your court. Let me know what you want to do. Let me think about that in the comment section Let's wrap this up with two things Uh someone to watch And a little consensus action. So First so, you know, I will be in Consensus for ethereum see what the heck is going on and uh, there's gonna be a meet and greet I trust is putting that on and uh, probably do a little Little eating a little drinking at a At a certain spot. I'll let everybody know as soon as that happens. So come on out and say hi if you're around austin Then I got to do some other things around there But uh, that'll happen june 9th through 12th. So it's coming up pretty pretty fast and also somebody to watch Um, I always like to add people who are up-and-comers in youtube because no one ever did this for me And even while I like I reached out to the big youtubers. They were like, I'm not gonna help you They just ghosted me. So I try to give back a little bit. There's a as a gentleman That goes from above and he's he's quite entertaining And he pretty much just calls people out he calls out Ponzi schemes He calls out youtubers and it's not just about crypto. He does a lot of things with traditional market too So I linked his his this video specifically and you can decide if you want to subscribe I watch him Like every so often I actually like the likes I think it's like that i'm gonna streak for three times. So Yeah, there's a guy. He's only got 2000 subs and uh, I think he's Fascinating quite entertaining gentleman. All right, and that's it. So look Now we're going to go on to the q&a part if you can stick around I'll answer as many questions as you can possibly throw at me also a little updates yesterday. There was I I had misspoken. It's not anderson horowitz andreason horowitz Sorry for all your grammar nazis out there and then also for I am stuck uh moon beam and moon river And uh, safe moon. So yeah Moon beam looks like a pretty decent project from polka dot However, i'm still not gonna invest into it because i'm waiting for a bigger crash Or a bigger dip to happen. Anyhow, that's what's going on. If you got to take off aliyos Enjoy the day. I appreciate you coming by now. Let's jump into the q&a and we'll get to it So